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Crypto Price Prediction: Has $BTC Price Correction Bottomed at $60000?
CoinGape (RSS)

Crypto Price Prediction: The cryptocurrency market has been notably bearish this week, showcased by the new correction trend in most major coins. Several analysts believe this retracement was bound to happen as the last recovery trend left these assets in an overbought region.

Moreover, the recent outflow in spot Bitcoin ETFs accelerated the selling and plunged the underlying asset BTC below the $65000 mark. A recent tweet by Wublockchain highlights the spot BTC ETFs witnessed a substantial outflow, with Grayscale ETF GBTC seeing $358 million left in a single day. Cumulatively, GBTC’s outflows have reached $13.63 billion. In contrast, BlackRock’s Bitcoin spot ETF IBIT has experienced a notable inflow of $233 million.

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Worldcoin Price Slips 5% As Kenya Rejects US Plea to Maintain Suspension
CoinGape (RSS)

Worldcoin prices took a dip on Friday while Kenya’s government decided to reject the US government’s pressure to allow Worldcoin’s operations. According to local media reports, Kenya has turned down a request from the US government to lift the Worldcoin cryptocurrency project’s suspension of operations.

Kenya to Maintain Ban on Worldcoin
Sam Altman-backed Worldcoin is still facing a roadblock in Kenya as the country is still keeping its ban on the project. According to Business Daily Africa, Kithure Kindiki, the Interior Cabinet Secretary, informed the Kenyan Parliament that the government will not be lifting the August 2023 prohibition on Worldcoin’s operations. Prof. Kindiki stated in her appearance before the National Assembly’s committee on public petitions that Kenya ...

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3 Newly Launched Meme Coins To Have In Any $1000 Crypto Portfolio In 2024
CoinGape (RSS)

The newly launched meme coins, Dogecoin20, Sponge Token, and Scotty Beam, are capturing the attention of investors eager for substantial returns. These digital assets, following in the footsteps of giants like SHIB, DOGE, PEPE, and WIF, are carving out their niche in the cryptocurrency world. With unique features and strong market performances, they represent promising opportunities for those looking to diversify their portfolios.

1. Dogecoin20 (DOGE20) 
Dogecoin20 (DOGE20) is revolutionizing the meme coin scene with its state-of-the-art upgrade, presenting an unparalleled opportunity to get in early during its pre-sale phase. The launch offers enthusiasts a golden ticket into the future of ‘Doge 2.0’ at highly affordable rates.

This version introduces an innovative staking mechanism that ensures a steady flow of passive income. It also boasts ...

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This Indicator Signals Ethereum Price Downfall To $2,400
CoinGape (RSS)

A brief bullish wave on Tuesday convinced investors that this week’s retrace was temporary and that cryptocurrencies were ready to resume their ballistic rallies. However, a 2.6% drop in Ethereum price in 24 hours seems to be dimming the hope for an immediate U-turn toward all-time highs.

After climbing to $4,091, Ethereum price hovers at $3,430 during US business hours on Tuesday. A 38% drop in the 24-hour trading volume to $19 billion underscores falling interest interest among traders. Another 3% correction in the market cap mirrors a growing bearish outlook.

Ethereum Price Prediction As Futures Open Interest Cascades
Plunging prices over the weekend and early this week left many investors reeling in pain. Liquidations were in millions as Ethereum dived from its recent high to test support at $3,05...

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Terra Classic Community Votes to Repeal KYC Proposal, When LUNC and USTC to Rally?
CoinGape (RSS)

Terra Luna Classic community voting on a key proposal to repeal the earlier passed KYC proposal based on claims that KYC requirements for developers have stalled the growth of Terra Luna Classic. Meanwhile, LUNC and USTC prices have taken a hit amid futures selloff and options expiry.

Terra Luna Classic KYC Proposal Repeal
Proposal 12091 “Repeal prop #12033 [KYC prop]” is under voting on the Station wallet. The proposal is a call by some Terra Luna Classic members to repeal 12033 KYC proposal claiming that the KYC requirement hindering growth, especially in the bull market.

“We as concerned community members call to repeal the KYC prop because it stifles the growth of Terra Luna Classic. T...

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Europe’s Crypto Embrace Slowed, Watchdog Faces Resource Crunch
CoinGape (RSS)

The European Securities and Markets Authority (ESMA) finds itself grappling with significant challenges in its efforts to regulate cryptocurrencies promptly. The primary hurdle is Limited resources. Verena Ross, the Chair of ESMA, has openly acknowledged the difficulties her organization faces in meeting regulatory deadlines. This struggle is exacerbated by the mounting responsibilities placed on ESMA, coupled with the constraints of its resource pool.

The implications of this resource crunch are dire. With ESMA unable to swiftly regulate the crypto landscape, there’s a palpable risk of the European Union falling behind other jurisdictions, particularly the United States, in the realm of crypto regulation. The urgency of the situation is ...

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Coinbase Is More Than Just a Crypto Exchange: JMP Securities
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

Momentum continues to build in the company’s ancillary businesses, the report said.
Floki Developers Plan Regulated Bank Accounts in Next Value Capture for Tokens
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

SWIFT payments and SEPA IBANs will be supported – allowing users to transact and transfer money globally.
Worldcoin makes Orb software open-source, implements ‘personal custody’
Cointelegraph.com News (RSS)

Worldcoin said it has now made components of the software behind its iris-scanning Orbs open-sourced, along with a new “personal custody” privacy feature for user data.
Is Bitcoin price going to crash again?
Cointelegraph.com News (RSS)

Bitcoin's previous bull market correction has witnessed declines ranging from 20 to 40%. Could the history repeat in 2024?
Bitcoin price retests $63K despite GBTC outflows dropping below $100M
Cointelegraph.com News (RSS)

Bitcoin bulls fail to catch a break as BTC price weakness defies a slowdown in GBTC offloading.