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May 22, 2023 at 08:08 // Price Author Coin Idol Bitcoin (BTC) is still in a downtrend below the moving average lines. Bitcoin price long-term forecast: bearish The price range for the cryptocurrency asset is currently limited to $26,400 to $27,500. Price movement is minimal due to the prevalence of Doji candlesticks, small-size indecisive candlesticks. If the Doji candlesticks persist, Bitcoin will move in a range for days. At the time of writing, it is trading at $26,842. The candlesticks show that both buyers and sellers are unsure of which direction th...

The blockchain tracking firm Lookonchain tweeted this morning that Machi Big Brother, a crypto whale, recently changed another one of his addresses to purchase Pepe (PEPE). According to the post, he had bought a total of 60 billion PEPE using 52 Ethereum (ETH), worth approximately $94K, at an average buying price of $0.000001565. The meme coin’s price has risen since then, as CoinMarketCap indicated that it was trading at $0.000001706 at press time. This is after PEPE’s price had printed a 24-hour gain of 12.46%. In addition, the altcoin strengthened against the two crypto market leaders, Bitcoin (BTC) and Ethereum (ETH) during this time period as well. At press time, PEPE was up 11.50% against BTC and 12.20% against the leading altcoin. This recent price increase can be attributed to the 158% spike in the crypto’s trading volume, which stood at approximately $394.38 million. 4-hour chart for PEPE/USDT (Source: TradingView) PEPE was able to break above the $0.000001...

Join Our Telegram channel to stay up to date on breaking news coverage A community-driven token that aims to turn regrets into riches, Copium is holding their exclusive COPIUM presale event for their early supporters. Engaging with them on their social media channels is highly recommended, as active participation in the community is one of the main factors considered for presale invites. What is Copium Copium is an unique captivating, and cutting-edge meme cryptocurrency that combines humor, fairness, and the possibility of financial advantages. The idea behind the project is to help people “coping” with FOMO and lost chances in the cryptocurrency world while also providing amusement and valuable rewards through its tokenomics and unique Airdrop offerings. A movement fueled by humor, fellowship, and the shared experience of navigating the unpredictably changing crypto market, COPIUM is more than just a token. By converting previous cryptocurrency missteps into fut...

The son of a former Australia n politician has been charged with running a dark web crypto -for- drugs operation. Police claim that over a period of six years, 37-year-old Mark Chikarovski, son of Kerry Chikarovski, a former New South Wales Liberal leader, took thousands of orders for illicit substances, including MDMA, meth, and cocaine. When police arrested Chikarovski at his Bondi apartment on Thursday, he was reportedly wearing gloves and was in the middle of preparing drugs for postage. When authorities searched his property, they discovered roughly $269,000 worth of crypto , $30,000 in cash, computers, drugs, and two Porsche SUVs. Police have charged the son of former New South Wales Liberal leader Kerry Chikarovski with supplying drugs on the dark web. 37-year-old Mark Chikarovski was arrested yesterday. Detectives raided two homes at Bondi Junction and Vaucluse. https://t.co/TWh1KQgBAw #7NEWS pic.twitter.com/iXiNdTx1gR — 7NEWS Sydney (@7NewsSydney) May 19, 2023 Th...

FTX lawyers have filed a lawsuit against former FTX chief Sam Bankman-Fried (SBF), co-founder Zixiao Wang, and executive Nishad Singh. The lawsuit is related to the $220 million acquisition of Embed, a stock-clearing platform. The lawyers allege that there was a lack of due diligence before the acquisition process. JUST IN: FTX sues Sam Bankman-Fried. — Watcher.Guru (@WatcherGuru) May 18, 2023 The court overseeing the proceedings authorized the sales of Embed and other FTX assets after the company filed for bankruptcy. But the highest bidder for the platform only made a $1 million offer. The lawyers noted in the filing that, “Embed’s vaunted software platform was essentially worthless,” hence the FTX lawsuit against Sam Bankman-Fried. During the proceedings, a total of twelve entities expressed interest, the largest of which was $78 million. However, after a thorough look around, all except one refused to submit a final bid. That sole entity was Embed’s founder and ...

Bitcoin is giving fresh bullish signals on low timeframes, leading to hopes that BTC price action may ditch its recent corrective phase. Bitcoin (BTC) held a snap rebound on May 18 as analysts hoped that further upside would come next. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView BTC price sustains knee-jerk move higher Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it circled $27,400 on Bitstamp. The pair had made swift gains toward the prior day’s Wall Street open, these topping out at 3.5% versus the day’s lows. Amid changing signals on exchange order books, popular trader Skew was hopeful for continuation. “Price swept the pre-emptive swing low, which was enough liquidity to push up higher,” he summarized in part of a Twitter Analysis . Skew added that while macro conditions were overall causing friction for BTC price performance, the largest stablecoin Tether pledging regular BTC buys should be a “positive headwind.” Bitcoin cumulative vo...

Tether, the world’s largest stablecoin, has announced its intention to use up to 15% of its profits to purchase additional bitcoin. As of March 31, the approximately $1.5 billion in bitcoin Tether held was approximately triple the amount of cash in its reserves. This change will presumably exacerbate that difference. Tether looks to be confident in the future of Bitcoin with chief technology officer and principal spokesperson Paolo Ardoino saying, “ Bitcoin is not only a way to enhance the performance of our portfolio, but it is also a method of aligning ourselves with a transformative technology that has the potential to reshape the way we conduct business and live our lives.” Tether attestation shows stacks of US treasury bills, more gold than bitcoin Tether’s initial and undisclosed bitcoin purchases were first revealed in a court transcript as part of the New York Attorney General’s case against the company for fraud in 2019. Early in Tether...