Could a Deeper Drop Be Ahead?

Bitcoin price failed to surpass $95,500 and declined again. BTC is back below $94,500 and might revisit the $91,200 support zone. Bitcoin started a fresh decline from the $96,500 zone. The price is trading below $95,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $94,000…

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Price Waves Reveals Pivotal AVAX Support At $31

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…

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ProShares seeks SEC approval for Bitcoin-denominated ETFs tracking S&P 500, Nasdaq-100, and gold

Key Takeaways ProShares has filed for ETFs that track the S&P 500, Nasdaq-100, and gold priced in Bitcoin. These ETFs will use Bitcoin futures to achieve Bitcoin-denominated returns rather than directly investing in Bitcoin. Share this article ProShares, a prominent asset manager overseeing more than $75 billion in assets, is seeking SEC approval to offer…

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Scam ads targeting Usual Protocol emerge on Google

Key Takeaways Scammers are using fraudulent Google ads to impersonate Usual Protocol and steal crypto assets. Users are advised to manually verify website addresses to ensure authenticity and avoid scams. Share this article Scam Sniffer analysts have identified fraudulent Google ads impersonating Usual Protocol that redirect users to fake websites designed to steal crypto assets….

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Tether grapples with new FUD as MiCA regulations take effect on Dec. 30

Key Takeaways MiCA’s Dec. 30 rollout raises uncertainty about Tether’s compliance and its impact on the crypto market. Coinbase has delisted USDT due to MiCA regulations while other exchanges await further guidance. Share this article Tether’s USDT stablecoin faces mounting regulatory uncertainty as the European Union’s Markets in Crypto-Assets Regulation (MiCA) takes effect on December…

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Chainlink Is Forming A Head-And-Shoulders Pattern – Confirmation Could Take LINK To $14

Este artículo también está disponible en español. Chainlink (LINK) has recently shown resilience after a 35% retrace from its yearly highs, surging over 30% to test liquidity around the $23 mark. Despite this recovery, bearish sentiment continues to weigh heavily on altcoins, and Chainlink is no exception. The cryptocurrency has struggled to reclaim its local…

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