Author: Ethan Carter
Ethan is a seasoned cryptocurrency writer with extensive experience contributing to leading U.S.-based blockchain and fintech publications. His work blends in-depth market analysis with accessible explanations, making complex crypto topics understandable for a broad audience. Over the years, he has covered Bitcoin, Ethereum, DeFi, NFTs, and emerging blockchain trends, always with a focus on accuracy and insight. Ethan's articles have appeared on major crypto portals, where his expertise in market trends and investment strategies has earned him a loyal readership.
Key takeaways:The DOGE price previously surged 445% following an RSI bullish cross, which is currently in play again.A potential breakout from an ascending triangle sets a target of $0.65 in the coming days.Optimistic analysts forecast that the DOGE price could reach $1 for the first time in the upcoming months.In Q4 2024, Dogecoin’s (DOGE) relative strength index (RSI) signaled a bullish trend, resulting in a price increase of approximately 445% over several months.A similar price fractal for DOGE is currently appearing on the charts, with a potential breakout expected in the upcoming weeks.Previous DOGE surges saw gains of 300% and…
DOT$4.1669 experienced notable fluctuations over the past day, with the cryptocurrency dropping 4%, as per CoinDesk Research’s technical analysis model.The analysis indicated that the most significant change occurred when DOT dropped to its lowest point of $4.07 on increased trading volume of 3.16 million, well over the average daily volume of 2.31 million, establishing strong volume support at that price level.After this sell-off, DOT exhibited strength by recovering to the $4.15-$4.18 range, indicating institutional interest at lower prices and potential stabilization in the current support zones, according to the analysis.On the news side, Polkadot is set to integrate its core…
Key takeaways:DOGE price previously surged by 445% following an RSI bullish cross, which is currently valid again.A potential breakout from an ascending triangle could target $0.65 in the near future.Optimistic analysts project that DOGE price could hit $1 for the first time in the upcoming months.Dogecoin’s (DOGE) relative strength index (RSI) generated a bullish signal in Q4 2024, a time when DOGE’s price rose approximately 445% within a few months.A similar pattern is currently forming on the charts, indicating a potential breakout in the coming weeks.Previous DOGE rallies recorded 300% and 445% gainsThe Relative Strength Index, or RSI, is a…
The demand from institutions for Bitcoin is rapidly increasing, with spot exchange-traded funds (ETFs) injecting between $5 billion and $10 billion into the market every quarter. This influx of new capital is helping to tighten the supply of the asset and solidify its long-term bullish outlook. Bitwise Chief Technology Officer Hong Kim noted, using data from Farside Investors, that ETF inflows have become a consistent trend, arriving “like clockwork.” He described it as “an unstoppable secular trend that even the four-year cycle cannot hinder,” while predicting that “2026 will be a positive year.” These flows represent a more profound change…
Written by: Joshua Chu, co-chair of the Hong Kong Web3 AssociationDubai is unmistakably vying with its Asian rivals for the title of the world’s next crypto capital.Behind the shimmering skyscrapers, where supermodels frequent crypto gatherings and experimental blockchain initiatives, a nuanced strategy is unfolding.Similar to Beijing’s approach of utilizing confiscated digital assets for geopolitical dominance with strong infrastructure in Hong Kong, Dubai is orchestrating its own strategy, combining sovereign wealth from oil, foundational Islamic finance, and unique regulatory frameworks to carve out its niche in the crypto landscape.Dubai’s strategy aligns with fundamental principles often observed in grand strategies of Middle…
A Bitcoin whale, previously holding approximately $11 billion in BTC, has re-entered the cryptocurrency market after converting over $5 billion of their holdings into Ether two months ago, making another substantial Bitcoin transfer of $360 million.This whale address transferred $360 million worth of Bitcoin (BTC) to the decentralized finance (DeFi) protocol Hyperunit’s hot wallet “bc1pd” on Tuesday. This transfer is their first in two months, according to blockchain data from Arkham.The transfer might indicate another shift towards Ether (ETH), reflecting the whale’s transaction behavior. The $11 billion Bitcoin whale emerged two months ago and swapped around $5 billion worth of BTC…
Kazakhstan, increasingly recognized as a cryptocurrency hub in Central Asia, has intensified its efforts against illegal activities in the sector, closing down numerous crypto platforms this year.According to a spokesperson from Kazakhstan’s Financial Monitoring Agency (AFM), 130 crypto platforms linked to money laundering operations have been dismantled this year, as reported to Cointelegraph on Wednesday.The authorities have also confiscated $16.7 million in various cryptocurrencies associated with these illegal activities, affirming local reports from Tuesday, as stated by the AFM representative, confirming.Furthermore, last week the AFM announced the seizure of $642,000 from illegal mining operations in Kazakhstan, highlighting the government’s firm…
Key highlights:Bitcoin on-chain metrics indicate no overheating, even after hitting an all-time peak of $126,000.The Bitcoin cup-and-handle formation forecasts a target of $300,000, supported by various factors.Bitcoin (BTC) is currently trading 4% below its record high of $126,000, which was achieved on Monday. As BTC stabilizes around $122,000, many market analysts believe the bullish trend remains intact.BTC/USD four-hour chart. Source: Cointelegraph/TradingViewThe Bitcoin market isn’t overheated just yetCrypto analyst Mark Moss asserts that Bitcoin has not reached its peak level.Although Bitcoin is trading near its all-time highs, its MVRV Z-Score is significantly lower than levels traditionally associated with market highs. This…
Sure! Here’s the rewritten content with the HTML tags preserved: S&P Global has ventured into the cryptocurrency landscape by launching the S&P Digital Markets 50 Index, an unprecedented benchmark that tracks both digital assets and publicly traded companies involved in crypto. Created in collaboration with Dinari, a U.S. platform that specializes in tokenized public securities, the index features 35 equities and 15 cryptocurrencies sourced from S&P’s digital asset suite. In essence, the index merges 15 prominent cryptocurrencies with 35 crypto-related stocks. Eligible companies encompass those engaged in crypto operations, blockchain technology, and other relevant sectors, as stated by S&P. Dinari…
Global Settlement Network and Uganda’s Diacente Group have unveiled a $5.5 billion tokenized economy that merges real-world infrastructure with a national CBDC to stimulate economic growth. Summary The initiative will digitize real-world infrastructure assets under Diacente Group’s GISEZ—including agro-processing centers, mining projects, and solar facilities—creating a cohesive, asset-backed digital economy. As part of the launch, Uganda has introduced its inaugural CBDC, operating on Global Settlement Network’s permissioned blockchain, aimed at facilitating secure, digital transactions within this new tokenized economy. The project aligns with national and regional development objectives, with expectations to generate over 1 million jobs and up to $10…