Calls to release Binance exec intensify after 6 months in Nigerian detention

It has been a volatile yet positive week for cryptocurrencies, as traders ignored the warnings from crypto winter veterans that there was more downside in store and jumped back into the market at the first sign of rising prices. Evidence for the reversal in sentiment can be found in the Crypto Fear & Greed Index, which…

Mt. Gox creditors will vote on a proposed draft compensation plan in October 2021. 1313 Total views 7 Total shares The trustee of hacked and now-defunct cryptocurrency exchange Mt. Gox has posted another update on the long-running process of refunding the exchange clients.Nobuaki Kobayashi, a Tokyo attorney appointed to act as civil rehabilitation trustee to…

Monero hard forks are meant to improve the base protocol and will not result in the splitting and creation of a new coin. 462 Total views 22 Total shares As told by Monero (XMR) developers over the weekend, on July 16, the Monero network passed a community consensus to initiate a mainnet hard fork at…

A Bitcoin (BTC) price indicator has flashed green for just the fourth time ever this week in a major warning to bears.In a tweet on Feb. 16, crypto market analyst Mohit Sorout announced that the Dollar Cost Average (DCA) Indicator was now “suggesting a raging bull market.”DCA breakout last preceded 640% BTC price upsideThe latest…

Key takeaways The Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding structure. Connecting these highs and lows with trendlines creates a megaphone-like appearance, reflecting market instability. The formation signals heightened volatility, with price swings becoming more pronounced over time. Depending on the trend direction, the pattern can

Ether’s price strengthens in its ETH and BTC pair as investors await spot ETH ETF to start

The US Federal Reserve is at it again. For the second time this month, the Fed has done an emergency rate cut. On March 3, a 50 basis point cut was implemented and that was followed with a 100 bps cut on March 15. If that was not enough, the Fed also announced a $700…