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Bitcoin Cash (BCH) price has found support at the $450 territory on Wednesday May 9, after bears averted a $500 retest 48 hours earlier.
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"Ethereum Slides Under $3,400: Is $3,035 the Key Support Level to Watch?"
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"Craig Wright, Self-Proclaimed Bitcoin Founder, Receives 12-Month Prison Sentence"
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"Peter Brandt Explains Why Bitcoin Could Drop to Around $70K Amid Market Volatility"
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Shytoshi Kusama, the #Shiba Inu ecosystem lead, reveals plans to silence critics of the SHIB project in the near future. The lead developer revealed this while reacting to an X post from popular crypto expert Del Crxpto. In the post, the pundit suggested that the Shiba Inu lead had made a move that effectively silenced critics.  âShytoshi Kusama makes haters quiet,â Del Crxpto remarked. Shiba Inu Inks New Partnership with Chainlink This statement comes after Shiba Inu announced a surprising partnership with Chainlink, expanding accessibility for its ecosystem tokens, such as SHIB, BONE, and LEASH. Under the partnership, Shiba Inuâs Layer-2 network, Shibarium, will leverage Chainlinkâs Cross-Chain Interoperability Protocol (CCIP) to enhance its interoperability with other blockchains. Furthermore, SHIB, BONE, and LEASH adopted Chainlinkâs Cross-Chain Token (CCT) standard, boosting their multi-chain capabilities across 12 blockchains. Some of the supported blockchains include Coinbaseâs Base, Optimism, Ethereum, Avalanche, BNB Chain, Polygon, and Kroma. Kusama Says Heâll Soon Silence Critics The partnership has attracted the attention of the broader crypto community, with Del Crxpto suggesting that Kusama made haters quiet with the development. Interestingly, the Shiba Inu leader said he has yet to silence critics but promised to do so âsoon.â This response suggests that the Shiba Inu ecosystem, under Kusamaâs leadership, could be preparing to make another groundbreaking move.
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The crypto space witnessed a massive supply dump as the U.S. markets experienced a free fall. Amid the crash, #Bitcoin âs price fell below $100,000 and tested a crucial level. With market liquidations surging, bears are firmly in control. Bitcoin (BTC) Price Analysis On the 4-hour chart, BTCâs price action shows a bearish breakdown of a long-term support trendline. This breakdown is accompanied by a 4-hour bearish engulfing candle, accounting for a 3.5% drop. Compared to its recent all-time high of $108,364, Bitcoinâs price has dropped by 10.68%. Currently, the price of a single Bitcoin is $96,796. Amid the crash, BTC registered a 2.77% decline yesterday. Furthermore, the residual bearish momentum led to an intraday drop of 0.60%. The breakdown rally tests the 200-EMA line on the 4-hour chart. However, as dynamic support holds the free-falling Bitcoin prices, incoming supply warns of a bearish continuation. Additionally, the 20-EMA and 50-EMA lines on the 4-hour chart have given a bearish crossover, signaling a short-term trend reversal. Even the 4-hour RSI line has entered the overbought zone, reflecting a significant increase in selling pressure.
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Legfrissebb hĂrek
Tether Anticipates Over $10 Billion Net Profit By Year-End
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Fidelity Sees Significant Outflows And Inflows In Cryptocurrency Funds
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Google Updates Cryptocurrency Advertising Policy for 2025
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Tai Mo Shan Ltd. Settles With SEC Over TerraUSD Misleading Claims
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David Sacks Appointed As AI And Crypto Advisor Amid Controversy
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