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Pakinomist – A double bottom reversal of a bullish chart pattern that could result in a significant price rally is what indicates that it is possible. SHIB’s price is testing important levels near the 200 EMA, a crucial long-term support at its current price of $0.00002164, supporting the idea of ​​a potential rebound. With two […]

Bitcoin (BTC) has not gone below $90,000 since November 18, and continues to fluctuate between $90,000 and $100,000. Sentiment generally turns bullish as bitcoin nears $100,000 and investors try to continue the bull market. However, this also works the other way, and with bitcoin heading towards $90,000, like Thursday, investors are turning bearish. Bitcoin will

Economic data and general profit-taking may have brought an early bitcoin (BTC) rally, but data tracking investor behavior indicates that buying current price levels could benefit those looking for an entry into the BTC markets. Onchain data shows that bitcoin’s Spent Output Profit Ratio (SOPR) has crept up to 0.987 as of Friday, suggesting that

The EU’s MiCA rules, which took effect on Dec. 30, are likely to boost euro-denominated stablecoins, JPMorgan ( JPM ) said in a research report on Wednesday. “Under MiCA, only compatible stablecoins can be used as trading pairs on regulated markets, prompting EU exchanges to adjust their offerings,” wrote analysts led by Nikolaos Panigirtzoglou. This

As crypto fanatic Donald Trump prepares to take the reins of government, the US Consumer Financial Protection Bureau has issued new rules that would have a significant impact on stablecoin issuers and wallet providers, although the future of the proposal remains in doubt. The CFPB took the first procedural step to open for public comment

Pakinomist – (BTC) is experiencing market volatility as the asset struggles to break and hold above the $95,000 resistance level. In the midst of this price volatility, a Bitcoin whale has hit a massive valuation level after spending six years dormant. Whale activity fuels the market’s speculation According to an X post from Lookonchain, the

Usual Protocol, an upcoming decentralized finance (DeFi) protocol that has seen a remarkable rise over the past few months, faced community backlash on Friday after a tweak to the protocol’s return-generating token triggered a selloff in secondary markets. Amid the turmoil, the protocol’s USD0++ token, which represents a locked – or staked – version of

Pakinomist – See Pakinomist’s selection of the three best news stories over the past 24 hours. 69,000 BTC could be sold by the US government The US government has been allowed to liquidate 69,370 Bitcoins seized from the Silk Road market. The plaintiffs (Battle Born Investments Company, First 100 and 1st One Hundred Holdings) sought

Enforcement director Ian McGinley is leaving the Commodity Futures Trading Commission in a week, ending a relatively short tenure that saw some high-profile crypto cases. He arrived at the agency in February 2023, a month before the CFTC sued Binance and then-CEO Changpeng Zhao for violating US commodity laws. During his tenure, he also oversaw

Pakinomist – A remarkable prediction by Hal Finney, one of the most prominent early pioneers, has resurfaced after 16 years. Bitcoin historian Pete Rizzo reignited interest in the iconic prediction in a recent tweet. 16 years ago, Hal Finney had predicted a future Bitcoin price of $10 million when the cryptocurrency was still valued at