White House Digital Asset Director: US Commerce & Treasury Committed to Buying Bitcoin for Strategic Reserves – “We’ve Instructed Both to Look Into Ways to Acquire.”
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submitted by /u/kirtash93 [link] [comments]
Futures have emerged as a growing crypto trend, with major global groups, such as SGX and Japan’s Osaka Dojima, reportedly looking to introduce Bitcoin futures in 2025.
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Michael Saylor’s Strategy holds almost 500,000 Bitcoin worth over $41 billion at current market prices.
Hello everyone, I'm trying to deploy a smart contract from remix but idk why i get pretty much very high network fees for deployng it, like 0.01 sepholiaETH that's too much… I even tried to delete every single line and keep only 1 just in case but the problem remain the same… submitted by…
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After the launch of his strategic bitcoin reserve, Schiff has received over $4,500 worth of BTC in donations. The gold bug and bitcoin critic stated that this exercise will show “why a bitcoin reserve is a bad idea.” Bitcoin Critic Peter Schiff Launches Strategic Bitcoin Reserve and Crypto Stockpile Initiatives Peter Schiff, the well-known gold…
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A recently published Dogecoin (DOGE) chart by analyst Paul (@Zig_ZagTrades) suggests that the popular meme-based cryptocurrency could slide as low as $0.12 in a final corrective phase before attempting a significant rebound. The 1-day chart, shared on X, outlines a textbook Elliott Wave structure that Paul interprets as a larger (A)–(B)–(C) correction, culminating in a potential Wave 2 near the $0.12–$0.15 region. More Downside For Dogecoin Ahead? In Paul’s analysis, Dogecoin has been tracing a five-subwave decline since reaching a prominent peak labeled as Wave 1 on his chart. This top coincided with a multi-day surge that lost momentum and reversed lower, leading to a series of smaller waves marked as 1, 2, 3, 4, and now 5. The analyst indicates that this fifth and final subwave is likely concluding a broader C wave (or 2nd wave if counting at a higher degree). Paul’s notations highlight a “GZ” (a “Golden Zone” commonly used by traders to pinpoint Fibonacci support clusters), and his markings pinpoint Fibonacci ratios that could define DOGE’s near-term floor. Related Reading: Buy Dogecoin Now? Analyst Says This Is the Spot The chart shows a cluster of key retracement levels spanning from $0.16 down to the mid-$0.11 range. Paul highlights Fibonacci levels at 61.8% around $0.160257 and $0.150508, alongside deeper retracements at 78.6% near $0.118726 and a 100% projection around $0.126709. These numeric zones appear to bracket the “GZ” in which Paul believes DOGE may complete its final subwave. According to the chart, the $0.12–$0.15 pocket stands out as the most critical price territory for bulls seeking to halt the ongoing downtrend. The path from the current price region toward this lower objective is labeled with a subwave count that suggests a final push beneath prior lows. Candlestick patterns on the chart confirm a sequence of lower highs and lower lows in recent weeks, a sign that the bearish momentum remains intact. Volume bars at the bottom indicate steady selling pressure accompanying downward impulses, in line with the view that DOGE could still be carving out its terminal leg of the correction. Related Reading: Dogecoin Analyst Predicts Massive Price Explosion—Is $6.24 Far-Fetched? Paul’s use of Ichimoku Cloud settings shows that the price has consistently traded below the cloud since late January, indicating that DOGE has yet to reestablish any bullish momentum. The shaded green cloud area on his chart appears to have acted as dynamic resistance, backing up the notion that the market has remained in a corrective posture for several weeks. The analyst’s labeling of the waves beyond the purported bottom, marked as (1) to (5), suggests an expectation of an eventual upward cycle if and when the coin finds support in the “GZ” zone. While the chart projects a subsequent rally from the anticipated low, no guarantees exist that DOGE will definitely hold the $0.12–$0.15 band. Failure to do so would theoretically extend the corrective pattern and undermine the bullish wave count, but Paul’s annotation implies that he sees the current downswing as a last flush of sellers. In his own words, “DOGE 1D: A Subwave 5 drop setting up a wave C/2 finish in the GZ for DOGE,” suggests an expectation of a local bottom in this area, although the market’s overall direction will hinge on whether enough buyers step in at those Fibonacci levels. At press time, DOGE traded at $0.17 Featured image created with DALL.E, chart from TradingView.com
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Some industry watchers say political donations are necessary for the emergence of more regulatory clarity around cryptocurrencies.