According to recent updates from COINOTAG News on November 25th, Metaplanet (TSE: 3350), listed on the Tokyo Stock Exchange, has secured an exclusive licensing agreement with BTC Media Inc. This
On November 25th, COINOTAG reported that Orbiter Finance is making notable strides in blockchain interoperability. The firm’s Chief Architect, Juson Xia, has teamed up with industry luminaries including Kyle Charbonnet
The cryptocurrency market has seen a wave of volatility recently, influenced significantly by regulatory developments and technological innovations. Traders and investors are closely monitoring how regulatory changes will impact market
FET’s current market dynamics suggest a pivotal moment as traders navigate resistance levels amid signs of a possible pullback. Analysts highlight that sustained bullish momentum for FET relies on overcoming
Huobi's Heco Chain announces retirement, urging users to redeem HRC20 assets before Jan. 10, 2025.
Huobi's Heco Chain announces retirement, urging users to redeem HRC20 assets before Jan. 10, 2025.
President Donald could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. President Donald (PRESDON), a new Solana memecoin that was launched today, is set to explode over 15,000% in price in the coming days. This is because PRESDON is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, President Donald can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to
Bitcoin price is consolidating below the $100,000 resistance. BTC bulls might soon attempt to breach the stated milestone and push the price further higher. Bitcoin started a fresh increase above the $96,500 zone. The price is trading below $98,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $98,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise if it clears the $98,000 resistance zone. Bitcoin Price Eyes More Upsides Bitcoin price remained supported above the $92,500 level. BTC formed a base and started a fresh increase above the $96,000 level. It cleared the $97,500 level and traded to a new high at $99,650 before there was a pullback. There was a move below the $98,000 level. A low was formed at $95,973 and the price is now rising. There was a move above the $96,800 resistance level. The price cleared the 50% Fib retracement level of the downward move from the $99,650 swing high to the $95,973 low. Bitcoin price is now trading below $98,000 and the 100 hourly Simple moving average. On the upside, the price could face resistance near the $98,000 level. There is also a connecting bearish trend line forming with resistance at $98,000 on the hourly chart of the BTC/USD pair. The trend line is close to the 61.8% Fib retracement level of the downward move from the $99,650 swing high to the $95,973 low. The first key resistance is near the $99,000 level. A clear move above the $99,000 resistance might send the price higher. The next key resistance could be $100,000. A close above the $100,000 resistance might initiate more gains. In the stated case, the price could rise and test the $102,500 resistance level. Any more gains might send the price toward the $105,000 level. Downside Correction In BTC? If Bitcoin fails to rise above the $98,000 resistance zone, it could start a downside correction. Immediate support on the downside is near the $96,800 level. The first major support is near the $95,750 level. The next support is now near the $95,000 zone. Any more losses might send the price toward the $92,000 support in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $96,800, followed by $95,000. Major Resistance Levels – $98,000, and $100,000.
The new wealth record has been driven by a Tesla stock surge late last week and a $50 billion funding round for Musk’s AI startup.
FET’s impressive surge may be nearing a pause, as current market sentiment does not fully support bullish momentum.