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Bitcoin hints at sell signal after hitting 3-month high

Bitcoin price hit $30,369 on Saturday, its highest level since July. While bulls could push higher in coming weeks, the immediate outlook suggests a bearish flip. Crypto analyst Ali points to the TD Sequential indicator as hinting at a sell signal. Bitcoin price rose to its highest level since July when it broke above $30k to reach highs of $30,369 on Saturday. BTC is indeed looking for its fourth-biggest weekly gains year-to-date. However, although the benchmark crypto trading around $29,950 at the time of writing, an analyst says further retreat is possible given the potential for a key bearish signal.On the upside, market observers see a flip and weekly candle close above $31k as what bulls need to take control of the prevailing volatility. BTC price shows sell signal According to crypto analyst Ali, the potential for a head-and-shoulders pattern for BTC on the daily chart has received greater attention across the market. And in a chart shared on X on October 22, the analys...

XRP creator Ripple Labs’ potential IPO on the horizon; Tezos & InQubeta gain traction

The Ripple (XRP) community and the entire crypto community are abuzz with the possibility of Ripple going public through an IPO. This could be a game-changer, with XRP positioned to skyrocket. Meanwhile, Tezos (XTZ) and  InQubeta (QUBE)  have become investor darlings, gaining significant traction and riding bullish waves. With exciting times on the horizon, this article will delve into Ripple’s impending IPO and its potential impact on XRP’s price. Further, this article will also explore the momentum and growing interest in Tezos and InQubeta. InQubeta (QUBE): the rising star While Ripple Labs is toying with the idea of an IPO,  InQubeta (QUBE) i s gearing up to be the best ICO (initial coin offering) of 2023. To date, a staggering $3.7 million has been raised in its presale, positioning it as a top ICO. The momentum in its fundraising phase can be attributed to its unique value proposition. This stands at the intersection of two of the most transformative ...

Litecoin (LTC) spikes as Bitcoin hits $30k

Litecoin price jumped 4% to above $64 on Friday morning. LTC was up as positive sentiment permeated the altcoin market amid Bitcoin’s rally to $30k. Litecoin (LTC) rose more than 4% early on Friday amid a positive reaction across the altcoin market to Bitcoin’s fresh spike to $30k. LTC traded to intraday highs of $64 across major exchanges, with daily trading volume hitting $370 million as buyers pushed the total crypto market cap to over $1.17 trillion . Why is Litecoin price up today? Although a bullish picture has looked increasingly possible with metrics such as Litecoin hashrate   jumping to new highs, one of the likely catalysts could be the increased crowd noise on the probability of a spot Bitcoin ETF hitting the market sooner than anticipated. Recent developments involving potential ETF issuers and the US Securities and Exchange Commission (SEC) have added to the growing belief that the first spot ETF is a matter of when and not if. That has Bitcoin price poised f...

MX TOKEN (MX) price prediction amid a positive crypto market sentiment

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MX Token (MX) has surged from $0.0118 to $2.8564, fueled by a deflationary. MEXC has announced the launch of Ethereum Expres and FDV Labs on its Kickstarter platform. There is generally positive sentiment throughout the entire crypto market. In recent times, the cryptocurrency market has experienced a wave of positive sentiment, with several tokens and projects showing remarkable growth. MX Token (MX), the native cryptocurrency of the MEXC exchange, has not been an exception. The token’s price has seen significant movement, and in this article, we will analyze the factors behind its recent surge. Why MX TOKEN price is surging? MX Token (MX) has been on a notable upward trajectory, defying market trends. The token, which began trading at $0.0118, is now surging, with the current price resting at $2.8564. What’s driving this remarkable increase? One crucial factor is the deflationary mechanism associated with MX Token. MEXC, the exchange behind MX, allocates a portion of the tr...

Bitcoin SV price prediction as it climbs 71% in 24 hours

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BSV surged 71% in 24 hours on positive sentiment and ETF anticipation. Shiba Memu (SHMU) gains traction for its AI-driven marketing and interactive dashboard. Bitcoin’s outlook remains promising with expected ETF approval but demands a cautious approach. Bitcoin SV (BSV) has witnessed a remarkable surge, with its price climbing an astounding 71% in just 24 hours. This meteoric rise in BSV’s value has caught the attention of both crypto enthusiasts and investors. In this article, we’ll delve into the factors contributing to this surge and explore The Bitcoin SV price prediction. We will also touch upon an intriguing newcomer in the crypto world, Shiba Memu , currently in the midst of an exciting presale. Bitcoin SV soars: a 71% price surge In recent hours, Bitcoin SV has experienced an astonishing price surge. At the time of writing, the cryptocurrency is trading at $53.89, marking a substantial 71% increase over the past 24 hours. This surge has positioned Bitcoin SV among the...

UAE’s Ras Al Khaimah launches free zone for digital assets and Web3

Ras Al Khaimah, UAE, has introduced RAK DAO, a free zone dedicated to digital assets and Web3. RAK DAO will offer entrepreneurs 100% ownership of their businesses and a unique regulatory framework. The UAE continues to attract global crypto and Web3 firms through progressive regulatory measures. Ras Al Khaimah, one of the seven Emirates of the United Arab Emirates (UAE), has unveiled its latest initiative to diversify its economy by launching the RAK Digital Assets Oasis (RAK DAO), a dedicated free zone for digital and virtual asset companies. In a move to attract global crypto players, the emirate is positioning itself as a forward-thinking hub for emerging technologies. A purpose-built free zone for digital assets RAK DAO is poised to become the world’s first free zone solely dedicated to digital and virtual asset companies, creating a purpose-built ecosystem for entrepreneurs from around the globe. This free zone is designed to support companies involved in cutting-edge te...

ESMA warned crypto investors on Tuesday: find out more

ESMA says MiCA will take time to be fully implemented. Crypto investors, therefore, remain at risk in the meantime. Bitcoin is trading well under the $29,000 level on Tuesday. All eyes are on Bitcoin after ESMA – the European Securities & Markets Authority cautioned crypto investors on Tuesday. MiCA will take time to be implemented Earlier this year, the European Union approved an extensive set of regulations for crypto assets that it’s calling Markets in Crypto-Assets Regulation. On Tuesday, however, ESMA warned crypto investors that it will likely take until December of 2024 for MiCA to be fully implemented. It is also worth mentioning here that a bunch of crypto firms will be able to remain in business without an EU license in states that grant them a transitional period of 18 months – which means full protections in these EU states will not be available until July 2026. At writing, Bitcoin is trading well under the $29,000 level. ESMA says no cryptoassets is ‘safe’...