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Zettai Pte Ltd., the Singapore-based parent company of WazirX, a prominent Indian cryptocurrency exchange, has announced that its proposed Scheme of Arrangement has received overwhelming support from creditors in the recently concluded voting process. The vote for the proposed restructuring of WazirX was filed in the High Court of Singapore, and it included all the…
Bitcoin (BTC) and the crypto markets plunged on Monday morning (Asia). The week started with a bloodbath as Donald Trump’s tariffs decimated the global stock markets. Crypto prices crashed after the US stock futures market opened significantly lower on April 6, as the Trump administration doubled down on tariffs. BTC plunged below $80,000 after shedding…
Key Points: Bipartisan effort challenges presidential tariff authority, reflecting economic concerns. Trump commits to vetoing the bill if passed. Stock markets experience significant fluctuations amid tariff-related uncertainty. Trump Vows to Veto Bipartisan Bill Limiting Tariff Powers A new bipartisan bill introduced by Senators Maria Cantwell and Chuck Grassley seeks to curtail the president’s power to…
XRP holds support at $1.818 as Wave 4 correction nears final phase. Bullish breakout projected if volume strengthens above key resistance levels. Head and shoulders breakdown signals pressure unless buyers reclaim $2.00. XRP’s price movement follows an Elliott Wave pattern, indicating a corrective phase before the next upward move. The market currently consolidates within Wave…
Larry Fink, head of BlackRock, addressed attendees at the New York Economic Club, expressing concerns that global markets may face further downturns. Despite this, he views the ongoing price declines as potential long-term investment opportunities, asserting that they do not represent systemic risks. What Opportunities Arise from Market Downturns?Could Bitcoin Challenge the Dollar’s Dominance? What…
When the 50-day SMA drops below the 200-day SMA in the Bitcoin market this indicates an ongoing bearish trend may appear. The Bitcoin price declined from its peak at $83,105 to reach $74,604 as the regulatory death cross strengthened negative market expectations. The critical support threshold of $74,000 needs to maintain its position because its…
While mainstream investors brace for potential chaos, Bitcoin holders are playing a different game. Renowned stock commentator Jim Cramer warned that the markets may be on the verge of a crash comparable to Black Monday in 1987. But crypto traders are reading between the lines — and buying the dip. As fear spreads across traditional…
Home » Journal » Avalanche (AVAX) Price Analysis: Further 10.1% Fall Put AVAX in Deep Waters, New Layer 1 Web3 dApp Provider Coldware Surges 20% The cryptocurrency market has been facing significant turbulence, with Avalanche (AVAX) seeing a notable price decline. After a 10.1% drop, AVAX…
Larry Fink discusses potential market declines and buying opportunities. He warns about Bitcoin’s impact on the U.S. Continue Reading:BlackRock’s CEO Larry Fink Shares Insights on Market Declines and Future Risks The post BlackRock’s CEO Larry Fink Shares Insights on Market Declines and Future Risks appeared first on COINTURK NEWS. Source link
Thailand bans short-selling temporarily to reduce market volatility. Emergency measures are in effect from April 8 to April 11, 2025. Bitcoin crashed to $74K today, with traders facing over $1.46 billion in liquidation. Thailand’s Stock Exchange (SET) will temporarily ban the short-selling of all securities and reduce daily price limits, starting tomorrow, April 8th through…
The cryptocurrency market experienced a sharp sell-off today, but analysts say the decline is more related to global economic uncertainty than problems within the crypto sector itself. Dr. Kirill Kretov, a senior automation expert at CoinPanel, cited a combination of macroeconomic tensions as the primary driver behind the recent decline. “We are in a period…
As 2025 unfolds, the spotlight remains on legacy coins like Bitcoin (BTC) and XRP, which are holding firm as investor favorites with projected 1,000%+ returns during the next bull phase. Yet, while these giants remain relevant, a rising newcomer—MAGACOINFINANCE —is stealing attention with unmatched pre-sale momentum and 3,782% ROI potential. BTC and XRP Outlook: Price…
Crypto attorney James A. Murphy, known online as “MetaLawMan,” has filed a lawsuit against the U.S. Department of Homeland Security. This lawsuit seeks documents that may disclose the identity of Satoshi Nakamoto, the pseudonymous creator of Bitcoin (BTC). Filed in a D.C. District Court, the lawsuit follows a 2019 statement by DHS Special Agent Rana…
Ethereum has faced a sharp decline, breaking below multiple key support levels. Market sentiment remains bearish, with further corrective consolidations likely to precede deeper declines. Technical Analysis By Shayan The Daily Chart As mentioned above, ETH’s inability to maintain above a few consecutive support levels spells trouble for the asset’s future, especially since one of…
The global non-fungible token market has tanked again in trading sales volume this past week. In the past seven days, the NFT market has raised a trading sales volume of $86 million, down 12% from the previous week. The NFT market has plummeted alongside the broader crypto market, with the flagship crypto, Bitcoin (BTC), falling…
China Strikes Back with Rare Earth Export Controls Tensions between the U.S. and China are escalating fast. In a fresh move that could have major consequences across multiple industries, China has imposed rare earth export controls — a critical blow aimed squarely at U.S. technology and defense supply chains. Rare earth elements are indispensable for…
XRP has dropped over 17% in a single day, now trading at $1.76, while Bitcoin fell to $76K. Software engineer Vincent Van Code remains bullish on XRP, calling the dip unjustified by fundamentals. Van Code blames panic selling on broader market fear and a global economic reset underway. As the crypto market reels under immense…
Attorney James A. Murphy has brought action against the Department of Homeland Security (DHS) in the U.S. District Court for the District of Columbia. The lawsuit was initiated to compel the release of government records related to the identity of Bitcoin creator Satoshi Nakamoto. The suit was filed on April 7, 2025, following the department’s…
The Bank of Canada published a staff discussion paper on March 21, analyzing flash loans and their relevance for policymakers, as well as potential risks. The study introduced flash loans as blockchain-native financial tools that enable users to borrow crypto without posting collateral, provided the loan is repaid within a single atomic transaction. What is…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Surprise, surprise. Wall Street’s favorite fear index is spiking. The Cboe Volatility Index was hovering around 48 Monday afternoon after spiking to 60 overnight. The index measures projected S&P 500 volatility over the next 30 days. The VIX’s 30-day moving average…