Bitcoin Price Forecast: Key Support Levels To Watch As Geopolitical Tension Rises in Middle East

Story Highlights The Bitcoin Fear and Greed index at 72% highlights the market sentiment remains strongly bullish. The falling BTC price witnessed a high demand pressure at $61600. The intraday trading volume in Bitcoin is $66.9. Billion, indicating a 79% gain. Bitcoin Price Forecast: This week has been nothing short of tumultuous in the cryptocurrency…

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Coinbase Takes on SEC Over Investment Contract Definition

IN BRIEF Coinbase has launched a preliminary appeal against the SEC to contest the regulatory definition of “investment contract” in the digital asset sector. Bill Morgan indicates that the result of Coinbase’s appeal might influence the SEC’s ongoing case involving XRP. Coinbase, a major player in the cryptocurrency industry, has taken a significant step by…

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Beauty and fashion brands are harnessing Web3 technology to enhance consumer engagement.

Before the advent of Web3, brands predominantly relied on Web2 platforms, notably social media, as their primary channels for connecting with consumers. Recent statistics underscore this reliance, revealing that a staggering 77 percent of businesses utilize social media as a key tool for reaching and engaging with customers. However, the landscape of consumer engagement is…

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VeChain collaborates with UFC to tokenize fighter gloves, sparking reactions within the community.

VeChain, a prominent blockchain platform, has unveiled an exciting collaboration with the Ultimate Fighting Championship (UFC) that promises to revolutionize the way fighter gloves are tracked and authenticated. Through this partnership, VeChain aims to tokenize fighter gloves and harness the power of its VeChainThor network to ensure transparency and reliability in the realm of combat…

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Michael Saylor believes that global turmoil may be the secret catalyst for Bitcoin’s success.

Amidst escalating global geopolitical tensions, the cryptocurrency market stands at a crossroads, grappling with uncertainty while Bitcoin, the leading digital asset, faces a critical moment that tests its resilience. Michael Saylor, the co-founder of MicroStrategy, has recently ignited conversations within the crypto community with his provocative statements regarding the potential advantages of chaos for Bitcoin….

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Craig Wright has decided to withdraw his defamation appeal in Norway regarding his assertions of being Satoshi Nakamoto.

Craig Wright, the Australian computer scientist who has famously asserted himself as the elusive creator of Bitcoin, known as Satoshi Nakamoto, has opted to forego his appeal in a high-profile defamation case in Norway. This legal dispute involves Hodlonaut, also recognized as Marcus Granath within the Bitcoin community, a prominent figure known for his contributions…

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As early as Monday, Hong Kong is poised to grant approval for Bitcoin and Ether exchange-traded funds (ETFs).

Sources familiar with the matter indicate that Hong Kong is likely to approve Bitcoin and Ether exchange-traded funds (ETFs) as early as Monday, representing a significant advancement for the cryptocurrency industry in the region. Harvest Fund Management, along with Bosera Asset Management and HashKey Capital, are expected to obtain approval for their spot Bitcoin and…

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The FBI is conducting an investigation into a Bitcoin developer event suspected of being connected to the hack involving Luke Dashjr.

In a significant development related to the investigation surrounding the Bitcoin theft allegedly involving Luke Dashjr, Mike Schmidt, the co-founder of Brink, disclosed that he had received a subpoena from the Federal Bureau of Investigation (FBI). This subpoena compelled Schmidt to provide detailed information regarding participants who attended the CoreDev Atlanta event held in October…

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Leading House Financial Services Committee members met Chuck Schumer to discuss the Stablecoin Bill, per Punchbowl News.

On Thursday afternoon, prominent figures within the U.S. legislative body, specifically members of the esteemed House Financial Services Committee, engaged in a crucial meeting with Senate Majority Leader Chuck Schumer. The primary agenda of this significant gathering was the much-anticipated stablecoin bill, a legislative initiative that has been eagerly awaited and scrutinized by stakeholders across…

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