Analysis Crypto by Thebittimes.Com

Bitcoin (BTC) crashed by more than 21% in the last seven days from a local peak at $99,495, down to $78,219 on February 28, bringing uncertainty to traders and investors. A prominent trading expert, however, believes this movement is part of an expected market correction that is about to end. CrypNuevo , a well-known smart trader, has been posting technical analyses updates throughout the week, following Bitcoin’s price action. Despite missing, and acknowledging the fail, of a forecasted support at $91,764, CrypNuevo quickly adjusted to BTC’s new reality. Bitcoin (BTC) price chart analysis posted on February 26. Source: TradingView / CrypNuevo Bitcoin technical trading targets for end February and March According to a recent update, the trading expert is looking at the 50-week exponential moving average (1W50EMA) as the leading indicator to set Bitcoin’s target. This would be at $76,200, which could be hit precisely or not, with the price hovering around this lev...

US President Donald Trump could be at risk of civil or criminal penalties related to his $TRUMP memecoin if a new act proposed by House Democrats is passed into law. Democratic representative Samuel Theodore Liccardo revealed his Modern Emoluments and Malfeasance Enforcement (MEME) Act to ABC News on Thursday. The act would introduce civil and criminal penalties if the president, vice president, their family, congress members, or executive branch officials launch, promote, or sponsor digital assets and securities.   Liccardo claimed that the legislation would also work retroactively and prohibit Trump and his wife Melania from profiting from their past memecoin launches .  Liccario said, “Our public offices belong to the public, not the officeholders, nor should they leverage their political authority for financial gain.”  Crypto hasn’t stopped dumping since Donald Trump’s inauguration Read more: SBF wants Trump to know he was working wi...

There is no denying that the AI sector has been thriving over the last year. With so much competition, a race to the top of the industry has been underway as some of the biggest companies in the world jockey for position. That has led some to question whether Amazon (AMZN) is already a top 5 AI stock. One of the most prominent advisory firms, Bourgeon Capital, has issued a strong opinion on that very question. The firm has a portfolio valued at more than $535 million and advises with a focus on limiting risks and managing long-term growth. So, what do they think about Amazon as an AI stock? Source: TheHill / AP Photo/Seth Wenig, File Also Read: Apple, Meta, & Amazon Lead Tech Firms Pledging $1T in US Investment Amazon May Be Top AI Stock: What Does Bourgeon Capital Think? There is no shortage of reasons to be excited about the future of AI. Over the last two years, a host of companies have invested heavily in its development. Now, Wall Street is seeking to reward the businesses tha...

Shiba Inu (SHIB) is currently outperforming the likes of Bitcoin (BTC) and Ripple’s XRP in the daily charts. SHIB has rallied by 4.1% in the last 24 hours. BTC, on the other hand, has fallen 3.5%, and XRP has rallied 1.5% in the same time frame. Also Read: Ethereum Buyers Pile In as Aya Miyaguchi Takes Over—Will ETH Rebound? Shiba Inu Continues To Fumble Source: Watcher Guru Despite outperforming BTC and XRP in the daily charts, SHIB has faced quite a price dip in the last few days. The asset is down 6% in the weekly charts, 8.1% in the 14-day charts, and 23.4% over the previous month. The dog-themed crypto has maintained some gains in the yearly charts, rallying 48.4% since February 2024. Source: CoinGecko Also Read: M2 Money Supply Goes Parabolic—Is a Massive Bitcoin Rally Incoming? The latest market dip is likely due to the US reimposing tariffs on Canada and Mexico. The Bybit hack has likely further pushed the correction. Investor sentiment has taken a massive hit over the las...

Bitcoin (BTC) has plunged more than 7% in a single day, falling to $87,000 on February 25, its lowest level since November 2024. The sharp decline has pushed BTC into a critical risk zone, fueling speculation on whether the breakdown is temporary or signals a deeper correction. In this context, crypto analyst RLinda has highlighted emerging key price levels that could potentially anchor Bitcoin’s next major move.  Technical analysis: Bitcoin key price levels to watch According to the Analysis , Bitcoin is testing a key support range between $89,400 and $90,000, a crucial level that could determine its next major move. The analyst notes that on both daily and weekly timeframes, BTC remains in global consolidation, with the $90,000 to $91,000 zone acting as a strong support level. Picks for you R. Kiyosaki ‘glad’ he bought gold at ...

The US stock market has been stuck in a period of volatility amid growing geopolitical concerns. Indeed, Monday has seen a host of stocks stagnate despite some reasons to be optimistic. However, Palantir (PLTR) saw the worst of it, as it continued to fall below the $100 mark, continuing what has been a 20% drop on its weekly chart. Now, all eyes are on whether or not the stock can eventually reverse its recent fall. The shocking part about its recent performance is that the company had recently reached a $125 all-time high. Now, it has fallen below critical support at the $100 level, trading at $91 and dropping more than 9% today. Source: Victor J. Blue / Bloomberg Also Read: Palantir (PLTR) to Plummet 50%? Why Experts Predict a Fall From ATH Palantir Stock Struggles, Falls 9% as It Drops Below $100 Since the inauguration of US President Donald Trump, there has been a growing sense of uncertainty in the global economy. This has extended into the stock market. Specifically, with tariff ...

This discussion in Space focuses on the largest hacking incident in the history of the cryptocurrency sector, which is also regarded as the largest theft in human history. Colin Wu talks with Bybit executives Shunyet Jan and founder Ben Zhou, presenting the details of the event and the subsequent rescue efforts. The incident involved the theft of about $1.5 billion worth of Ethereum, allegedly carried out by the hacking group from North Korea, Lazarus Group. Bybit managed to restore full withdrawal functionality within 12 hours. It prioritized retail withdrawals, imposed tiered restrictions on institutional clients, and made use of the liquidity support from exchanges such as Bitget and OTC service providers. Currently, the liquidity problems have been resolved. However, the possibility of retrieving the stolen funds is extremely low. The company is working with security teams to investigate the root causes of the vulnerabilities, which may be related to technical issues of the multi-s...