Crypto

Source: Bitcoinist Bitcoin (BTC) is at a crucial level after a sharp 15% retrace from recent local highs. While traders and enthusiasts speculate about the causes of this downturn, the consensus is clear: demand is weakening.  CryptoQuant’s head of research, Julio Moreno, has provided an in-depth analysis of the situation, relying on key market indicators…

Source: Coin Tegraph Spot Ethereum ETFs are stealing the show and killing demand for futures-based crypto ETFs. Read Full Article

Source: Bitcoinist Dogecoin (DOGE) and Shiba Inu (SHIB) are currently experiencing a downtrend, highlighting the bearish sentiment towards these meme coins. This price decline is due to several factors, including developments in the broader crypto market.  Dogecoin And Shiba Inu Following Bitcoin’s Path Dogecoin and Shiba Inu have been following Bitcoin’s path, which explains why…

Source: Coin Tegraph WisdomTree has requested to withdraw its Ethereum Trust registration filing with the SEC while asking to apply the fees as a credit for “future use.” Read Full Article

Source: Bitcoinist With the Federal Reserve (FED) interest rate cut fast approaching, discussion about the event’s impact on Bitcoin, the largest crypto asset has increased significantly within the community. However, a crypto analyst delving into the subject has predicted a similar price implication to that of past scenarios, particularly in 2019. An Impending Pop And…

Source: Coin Tegraph A weak US labor market, fear of a tech bubble, and regulatory actions are factors behind Bitcoin’s recent sell-off. Read Full Article

Source: Bitcoinist Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently been struggling to maintain its momentum in the face of bearish trends. Analysts have been observing Ethereum’s performance closely, and many are predicting a further decline in price, with some forecasting that ETH could drop as low as $2,200. Despite Ethereum’s recent difficulties,…

Source: Coin Tegraph Bitcoin traders appear to be throwing in the towel and coming to terms with the reality that BTC price could fall below $50,000 in the short term. Read Full Article

Source: Bitcoinist The sharp decline in the price of Bitcoin (BTC), the world’s largest cryptocurrency, has taken a heavy toll on short term holders. Recent reports have revealed that many of these BTC holders are now in the red, suffering losses from the cryptocurrency’s price crash and ongoing market volatility.  Short-Term Holders Under Pressure On…

Source: Coin Tegraph Paul Grewal, Coinbase’s chief legal officer, said the SEC would be compelled to produce “important discovery” in its civil case after a judge’s order. Read Full Article