Bitcoin Faces Bearish Signals, May Experience Sharp Decline
Bitcoin rebounded from a long-term horizontal resistance area and has been giving up since. BTC is now trading inside a short-term bearish pattern A bearish break of this pattern's neckline could trigger a sharp drop in the B ...
Altcoin Losers: SUI Tops the List with 71.72% Loss in Seven Days
BeInCrypto editorial staff analyzed five outsiders of the week among altcoins. These coins suffered the biggest losses between April 28 and May 5. The altcoins that have suffered the biggest losses in the past seven days amid an overall bear market include: ...
Binance Responds to Reuters’ Claims of Terrorist Ties
The management of the cryptocurrency exchange Binance commented on a recent article by Reuters news agency about the Israeli authorities blocking 190 accounts of the exchange with ties to terrorists. Reuters recently published an article citing a document by Israel's Nation ...
Technical Analysis: MATIC Facing Risk of Bearish Breakout
Polygon (MATIC) is trying to make a bearish breakout from its long-term price structure. This jeopardizes all the growth seen since the beginning of this year. The daily timeframe is also giving bearish signals. As a consequence, the MATIC course needs an urgent bullish reversal to neutralize the ...
North Carolina House of Representatives Passes Bill Prohibiting Payments in CBDCs
The North Carolina House of Representatives passed a bill that would prohibit commercial companies and government agencies and accept payments made in central bank digital currencies (CBDCs). In the debate preceding the vote, parliamentarians agreed that CBDCs are "the co ...
Texas Securities Commission warns of fraudulent scheme promoting TruthGPT Coin using AI model
The Texas Securities Commission has warned of a fraudulent scheme promoting the crypto-asset TruthGPT Coin and allegedly using an artificial intelligence model called Elon Musk AI. According to a statement from commissioner Travis J. H. Hughes, a member of the Texas State ...
Altcoin Market Capitalization Falls Below Long-Term Level, Jeopardizing Previous Bullish Breakout
Altcoin market capitalization fell below long-term horizontal level. This jeopardizes the legitimacy of the previous bullish breakout. If altcoin capitalization doesn't make a reversal soon, it could be fraught with sharp declines and a loss of previous gains. Will Dogecoin (DOGE) an ...
ARB Token Faces Crucial Test as Price Threatens to Break Below Support
The Arbitrum exchange rate (ARB) is at an important crossroads. The price risks falling below a significant support area, which could trigger a sharp drop The above-mentioned support is formed by the support line of the long- ...
BitFlyer Fined $1.2 Million for Violating Cybersecurity Regulations by NYDFS
The New York State Department of Financial Services (NYDFS) fined cryptocurrency exchange BitFlyer $1.2 million for violating cybersecurity regulations. In 2017, BitFlyer USA, a subsidiary of BitFlyer Holdings, received a license from the New York regulator allowing the e ...
Memcoin Market Update: Pepe Token Surges While Dogecoin and Shiba Inu Struggle
While the meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) could not hold their gains, the token Pepe (PEPE) staged a spectacular rally. While other memcoins echoed the dynamics of bitcoin (BTC) last weekend. The PEPE token, inspired by the Pepe the Frog meme, suddenly ranked 17th by daily tra ...