Will Telegram-linked Toncoin bounce back after Pavel Durovs arrest?
TON traders might view the recent dip as a chance to buy low if Durovs arrest is an isolated incident.
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TON traders might view the recent dip as a chance to buy low if Durovs arrest is an isolated incident.
WIF price risks declining by another 48% due to the formation of a classic bearish reversal setup.
The WIF price risks declining by another 48% due to the formation of a classic bearish reversal setup.
The overall crypto market is briefly in the bullish array. Cryptocurrencies are returning from their lows and priced in green. Moreover, the fear and greed index stays at 44, suggesting a neutral sentiment in the market. In the past 24 hours, the global crypto market cap has witnessed a minute
Multiple analysts believe that Ethereum price is likely to touch new lows near $1,600.
Bitcoins correction appears to be losing steam, as indicated by price momentum divergence, the formation of a Doji candlestick and other bullish patterns.
Four days ago, the wallet 0x1c4e, associated with an insider of $NPC, made notable acquisitions of 108.3K $MND for $4,823 at a price of $0.04498 per token and 271.11K $KOMPETE for $5,171 at $0.01914 per token. This wallet, known for its strategic trades, has also been steadily accumulating $PRIME and […]
Currently, gains on crypto profits are going untaxed and unrecognized by the Greek government but not for long as regulators are seeking new taxes on the industry early next year.
If the new proposal is approved, implementing the countrys crypto gains tax will be delayed by nearly seven years from its original schedule.
BTCs price remains steady above $69,000; analysts say increased spot Bitcoin inflows could take the price higher.
Bitcoins price fell below traders average entry point, leading analysts to caution that the current sell-off could continue.
A committee representing the interests of FTX customers is pushing back against a proposed bankruptcy plan, claiming that it violates their property rights.
Popular play-to-earn token Notcoin (NOT), has continued to retain investors’ attention over the last week with a stunning positive market performance. According to data from CoinMarketCap, Notcoin gained 46.97% in the last day emerging as the top-performing asset in the market. Related Reading: Toncoin (TON) Forms Double Top Pattern, Bearish Or Bullish? Notcoin Records Weekly Gains Of 238% With the general crypto market showing a stable price movement, Notcoins explosive performance which indicates a high level of buying pressure has taken center stage among spectators, analysts, and prospective investors. The crypto gaming project was initially introduced as a closed beta version in November 2023 by the Open Builders and supported by the Open Network (TON) Foundation. Following its official launch in January 2024, Notcoin quickly garnered much attention, registering millions of users due to its simplistic gameplay and strategic integration with the social media app Telegram. In this play-to-earn game, players earn NOT coins by tapping continuously on a virtual gold coin and executing simple tasks. However, in recent times, Notcoin has introduced a new feature known as earnings missions which allows users to passively stack up NOT tokens. The NOT token was officially airdropped on May 16 and has since showcased both sides of the crypto markets volatility. Following this release, Notcoin initially dipped by over 60% falling from $0.012 to trade as low as $0.0050. However, in the last week, the token has put up a remarkable performance gaining by 237.70% to attain an all-time high value of $0.01781. Notably, Notcoins market cap value has also grown from $526.77 million to about $1.81 billion pushing the token into the top sixty cryptocurrencies. Related Reading: Two Top Players: Notcoin vs. Uxlink for Mass Adoption On-Chain Data What’s Next For Notcoin? At press time, NOT trades at $0.01735 following a 155.57% rise in its daily trading volume per data from CoinMarketCap. According to a prediction by Coincodex, the sentiment around Notcoin is highly bullish with a Fear & Greed Index of 72. With the bulls retaining market control, Coincodex predicts the play-to-earn token to rise to $0.021 and $0.054 in five and thirty days respectively. However, on the tokens 4-hour trading chart, the Relative Strength Index (RSI) is well in the overbought zone indicating a trend reversal may lie on the horizon and the current bull trend may soon be over. Nevertheless, Notcoins future trajectory remains uncertain and will likely be influenced by future network developments/features and the projects ability to retain its growing customer base. All investors are admonished to conduct proper research before investing in any asset as the crypto market remains subject to high levels of volatility. Featured image from iStock, chart from Tradingview
Bitcoin price requires high demand-side pressure to push the BTC out of an extended correction.
Ethers price holds above a crucial support level where whales are accumulating more.
An attacker could have placed a limit buy order with an arbitrarily high open price to automatically win every trade, the Zellic security platform discovered.
Bitcoin price data makes a strong argument for why the current price range is a buy-the-dip opportunity.
Analysts forecast a Bitcoin run to $265,000, but it could take longer than investors expect.
Market commentator Miya has outlined an interesting theory on why the Bitcoin price is poised to hit $110,000 by the end of the year. The expert alluded to current macro conditions and how it is bound to favor the flagship crypto at the end of the day. Why The Bitcoin Price Will Hit $110,000 In an analysis titled The Big Short against Retail, Miya predicted the Bitcoin price to reach $110,000 by the end of the year. At the same time, the expert expects the S&P 500 to drop to 4,700. She opined that the stock market is heading towards a bad summer, which is why she expects a lower low on the SPX but a pristine Bitcoin. Related Reading: Bitcoin Raging Bull Indicator Turns Back On, But This Level Holds The Key Basically, Miya expects the Bitcoin price to benefit from any potential downtrend in the stock market, with investors viewing it as a flight to safety. She remarked that the market is heading towards a terrible macro situation, which could cause stocks to crash. These predictions came as the expert commented on the nine consecutive green days that stocks have enjoyed and why she believes it wont last long. The market commentator noted that Donald Trump has made three main promises to the market: lower rates, tariffs, and taxes. These promises are expected to be kept, and she claims that the market is pricing them in as a sure thing. Traders are currently betting on a rate cut in June, while the US and China are set to meet to agree on a lower tariff. Lower taxes could come following a successful tariff policy. Thanks to this, the stock market has been on a nine-day-long uptrend, while retail traders have made profits by buying the dip. However, Miya has warned that the market isnt as strong as it looks and could soon blow up, with the Bitcoin price benefiting when this projected crash happens. Why The Stock Market Is Bound To Crash The expert noted that this false idea of up-only gives retail investors the illusion of complacency, as they do right now with their $57 billion bid on top of retail accumulated shares. However, she remarked that eventually, this will unfold with the containership recession trade hitting the US in five days. BTC is expected to be a hedge against this macro situation, which would lead to a Bitcoin price surge. Related Reading: Bitcoin Price Falters: Why Has The 5th Wave Been Elusive Below $100,000? Miya explained that all the Magnificent 7 earnings in the last season have been massively skewed and were useless information, meaning they cannot be relied on to show a strong market. She added that TMT firms that manufacture physical hardware usually manufacture in waves, so the actual impacts will show up in their H2 capex over Q1 results, meaning the impact of tariffs hasnt exactly started kicking in. At the time of writing, the Bitcoin price is trading at around $96,500, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
The personal and crypto-transaction related details could help identify users who failed to report their tax obligations, according to the Australian Tax Office.
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