Bitcoin Dips After Trump’s Crypto Task Force Announcement Falls Short of Expectations

Bitcoin’s price recently took a hit following an announcement that initially sparked hopes of a major shift in U.S. cryptocurrency policy. After former U.S. President Donald Trump signed an executive order to establish a task force on crypto assets, many in the crypto community were expecting groundbreaking changes. However, the reality of the order’s scope…

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Solana with Solana coins as the background

Solana (SOL) Slides 14.5% from ATH Amid Record Whale Activity

Solana (SOL) has recently faced a turbulent market phase, pulling back 14.5% from its all-time high (ATH) recorded on January 19. Despite this dip, SOL has retained an impressive 16.7% weekly gain, highlighting the token’s robust performance. However, weakening technical indicators and critical support levels loom large, raising questions about its next move. Record-High Whale…

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Litecoin Price Leans on Support, Stellar Eyes Upside

Both Litecoin (LTC) and Stellar (XLM) have experienced dips in intraday trading recently. However, analysts at Economies.com remain optimistic about their mid-term prospects. Litecoin Seeks Support, Eyes Upside Litecoin’s price (LTCUSD) has pulled back after reaching overbought territory according to the Relative Strength Index (RSI). This indicator measures momentum, and when it reaches overbought levels,…

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Binance’s BNB Poised for $1000 Breakout Despite Market Dip

The cryptocurrency market is currently experiencing another downturn, with Bitcoin struggling to maintain its $102,000 level. Binance’s BNB token, while not immune to the market volatility, has demonstrated impressive growth since the start of the year, surging over 120%. Recent scrutiny surrounding the crypto ventures of a prominent political figure has likely contributed to the…

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Silk Road Founder’s Hidden Fortune: $47M in Bitcoin Resurfaces

Conor Grogan, a Director at Coinbase, recently discovered 430 Bitcoin distributed across various wallets, believed to belong to Ulbricht. These funds, untouched for over a decade, have skyrocketed in value due to Bitcoin’s meteoric rise. One wallet, holding a substantial 89.77 BTC (worth approximately $9.5 million), particularly caught Grogan’s attention. He also noted smaller holdings…

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