Crypto market’s ‘perfect storm’ can lead to further massive capitulation

Solana (SOL) risks a significant price correction in the coming weeks owing to a classic bearish reversal setup.A 35% SOL price correction ahead?On the three-day chart, SOL's price has been painting a rising wedge, confirmed by two ascending, converging trendlines and falling trading volumes in parallel.Rising wedges typically result in breakdown, resolving after the asset's…

NEM Foundation in Argentina has signed a memorandum of understanding with a local trade union of journalists. The goal of the agreement is to develop a blockchain-powered solution for copyright protection, Cointelegraph in Spanish reported Saturday, Jan. 5.The memorandum signed with CISPREN — the journalists’ trade union of the city of Cordoba in central Argentina…

Sunday, May 19 — most of the top 20 cryptocurrencies are rebounding to report moderate to notable gains on the day by press time. Bitcoin (BTC) has pushed to just below the $8,000 mark again. The market rebound comes after a sharp correction on May 17 that followed almost a week of massive growth.Market visualization…

LUNA has outperformed almost every top-ranking cryptocurrency this week including Bitcoin despite the market turmoil. 393 Total views 60 Total shares A rebound rally in the Terra (LUNA) market this week risks exhaustion as the price retests a key trendline for a potential pullback.Descending channel risks LUNA declineLUNA has been trending lower inside a falling…

Lawyers representing the former FTX CEO and U.S. prosecutors requested until Feb. 17 to discuss the impact using a VPN could have on Bankman-Fried's bail conditions. 227 Total views 4 Total shares Own this piece of history Collect this article as an NFTProsecutors behind the criminal case against former FTX chief executive officer Sam Bankman-Fried…

One of the United Kingdom royal family’s most prominent members believes blockchain is an interesting development, according to candid comments he gave during a meet and greet on May 7.While visiting Berlin, Prince Charles engaged with spectators outside the Brandenburg Gate, at one point responding to a question from a cryptocurrency Twitter community member.“What do…

During a recent interview with Bloomberg Wealth, Novogratz touched on topics ranging from investing to Ripple's case and Larry Fink. 495 Total views 3 Total shares Galaxy Digital's founder Mike Novogratz shared what an ideal investment portfolio would look like for a young and high-risk tolerance investor during an interview with Bloomberg Wealth, saying that…

A cybercriminal group has allegedly stolen around $200 million from cryptocurrency exchanges over the past two years. In total, they are believed to have hit 10 - 20 victims across the United States, the Middle East, and Asia.According to research by the cybersecurity firm ClearSky, the gang named “CryptoCore,” known with other pseudonyms like “Dangerous…

The Green Bay Packers player’s total salary would be worth roughly 368.8 BTC at a price of $60,636. 1375 Total views 36 Total shares Aaron Rodgers, quarterback for the Green Bay Packers football team, has said he will be taking part of his National Football League salary in Bitcoin.In a video posted to his Twitter…