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Gold’s Disparity to Beat Bitcoin is Regaining Fuel – Bloomberg’s Mike McGlone | Coingape

Mike McGlone, Bloomberg Intelligence’s Senior Commodity Strategist claims that the recent trend in which the price of gold has been increasing relative to the price of Bitcoin is significant and could continue for some time. He stated that the Bitcoin rollover risks lean toward deflation. According to Bloomberg data, the price of gold was up The post Gold’s Disparity to Beat Bitcoin is Regaining Fuel – Bloomberg’s Mike McGlone appeared first on CoinGape.

Bitcoin Price Bearish? On-Chain Data Indicates It’s Time To Sell | Coingape

Bitcoin price briefly fell below $26096, the key 200-WMA level, at 7 PM UTC on Friday. The BTC price quickly rebounded and hit a 24-hour high of $26,989. However, on-chain data indicates a bearish outlook on BTC price and it’s probably time to book some profits. Bitcoin Price Reaches Late 2021 Level On-chain metric Puell The post Bitcoin Price Bearish? On-Chain Data Indicates It’s Time To Sell appeared first on CoinGape.

Bitcoin Price Bearish? On-Chain Data Indicates It’s Time To Sell | Coingape

Bitcoin price briefly fell below $26096, the key 200-WMA level, at 7 PM UTC on Friday. The BTC price quickly rebounded and hit a 24-hour high of $26,989. However, on-chain data indicates a bearish outlook on BTC price and it’s probably time to book some profits. Bitcoin Price Reaches Late 2021 Level On-chain metric Puell The post Bitcoin Price Bearish? On-Chain Data Indicates It’s Time To Sell appeared first on CoinGape.

Breaking: Elon Musk Joins PEPE Coin Frenzy | Coingape

Crypto Market News: Just when the crypto market has been speculating about whether the ongoing memecoin season has peaked, billionaire Elon Musk joined the party with an indirect mention of Pepe Coin in a meme. This came hours after Musk shared the news of Linda Yaccarino taking charge as the new Twitter CEO. Earlier, CoinGape The post Breaking: Elon Musk Joins PEPE Coin Frenzy appeared first on CoinGape.

Bitcoin-Ether Correlation Dips Below 80% For First Time In 2 Years, What It Means? | Coingape

Crypto News: A substantial change in the relationship between the world’s two largest cryptocurrencies was recently observed as the correlation between the prices of Bitcoin and Ether dropped below 80% for the first time since November 2021. In simpler words, the declining correlation between BTC and ETH prices indicates that both digital assets are no The post Bitcoin-Ether Correlation Dips Below 80% For First Time In 2 Years, What It Means? appeared first on CoinGape.

Breaking: Elon Musk Joins PEPE Coin Frenzy | Coingape

Crypto Market News: Just when the crypto market has been speculating about whether the ongoing memecoin season has peaked, billionaire Elon Musk joined the party with an indirect mention of Pepe Coin in a meme. This came hours after Musk shared the news of Linda Yaccarino taking charge as the new Twitter CEO. Earlier, CoinGape The post Breaking: Elon Musk Joins PEPE Coin Frenzy appeared first on CoinGape.

Bitcoin-Ether Correlation Dips Below 80% For First Time In 2 Years, What It Means? | Coingape

Crypto News: A substantial change in the relationship between the world’s two largest cryptocurrencies was recently observed as the correlation between the prices of Bitcoin and Ether dropped below 80% for the first time since November 2021. In simpler words, the declining correlation between BTC and ETH prices indicates that both digital assets are no The post Bitcoin-Ether Correlation Dips Below 80% For First Time In 2 Years, What It Means? appeared first on CoinGape.

Ripple Legal Chief: It’s Not A Crypto Problem For SEC’s Gary Gensler | Coingape

Crypto Market News: Despite the heavy criticism faced by the U.S. Securities and Exchange Commission (SEC) time and again for mishandling the enforcement on the crypto market, the agency’s Chair Gary Gensler continues to be at the center of the problem. In this context, Stuart Alderoty, Ripple’s Chief Legal Officer, feels that it’s not really The post Ripple Legal Chief: It’s Not A Crypto Problem For SEC’s Gary Gensler appeared first on CoinGape.

Ripple Legal Chief: It’s Not A Crypto Problem For SEC’s Gary Gensler | Coingape

Crypto Market News: Despite the heavy criticism faced by the U.S. Securities and Exchange Commission (SEC) time and again for mishandling the enforcement on the crypto market, the agency’s Chair Gary Gensler continues to be at the center of the problem. In this context, Stuart Alderoty, Ripple’s Chief Legal Officer, feels that it’s not really The post Ripple Legal Chief: It’s Not A Crypto Problem For SEC’s Gary Gensler appeared first on CoinGape.

Breaking: Elon Musk Confirms Linda Yaccarino As New Twitter CEO | Coingape

Crypto Market News: Billionaire Elon Musk on Friday confirmed the appointment of Linda Yaccarino as the new CEO of Twitter. This marks yet another major change at the top of Twitter leadership after Musk fired the leadership team when he took over the social media company in October 2022. Musk said the new CEO would The post Breaking: Elon Musk Confirms Linda Yaccarino As New Twitter CEO appeared first on CoinGape.

Breaking: Elon Musk Confirms Linda Yaccarino As New Twitter CEO | Coingape

Crypto Market News: Billionaire Elon Musk on Friday confirmed the appointment of Linda Yaccarino as the new CEO of Twitter. This marks yet another major change at the top of Twitter leadership after Musk fired the leadership team when he took over the social media company in October 2022. Musk said the new CEO would The post Breaking: Elon Musk Confirms Linda Yaccarino As New Twitter CEO appeared first on CoinGape.

Just-In: Binance Making These Efforts To Increase Bitcoin and Ethereum Liquidity | Coingape

Crypto exchange Binance making several efforts to increase liquidity in the crypto market. Low liquidity appears to be having a negative impact on Bitcoin and Ethereum prices, with BTC price briefly falling to the key 200-WMA. Binance on Friday announces that it will launch additional BTCUSDT and ETHUSDT daily options from May 15. It will The post Just-In: Binance Making These Efforts To Increase Bitcoin and Ethereum Liquidity appeared first on CoinGape.

Twitter CEO Favorite Linda Yaccarino Leaves NBCU | Coingape

Crypto Market News: Another development emerged in the hunt for the new Twitter CEO as NBCUniversal’s head of advertising Linda Yaccarino, who was reportedly believed to assume the top position at the social media company, has resigned from NBCU, according to latest reports. The reports said Yaccarino just left NBCU with a resignation effective immediately. The post Twitter CEO Favorite Linda Yaccarino Leaves NBCU appeared first on CoinGape.

Just-In: Binance Making These Efforts To Increase Bitcoin and Ethereum Liquidity | Coingape

Crypto exchange Binance making several efforts to increase liquidity in the crypto market. Low liquidity appears to be having a negative impact on Bitcoin and Ethereum prices, with BTC price briefly falling to the key 200-WMA. Binance on Friday announces that it will launch additional BTCUSDT and ETHUSDT daily options from May 15. It will The post Just-In: Binance Making These Efforts To Increase Bitcoin and Ethereum Liquidity appeared first on CoinGape.

Twitter CEO Favorite Linda Yaccarino Leaves NBC | Coingape

Crypto Market News: Another development emerged in the hunt for the new Twitter CEO as NBCUniversal’s head of advertising Linda Yaccarino, who was reportedly believed to assume the top position at the social media company, has resigned from NBC, according to latest reports. The reports said Yaccarino just left NBC with a resignation effective immediately. The post Twitter CEO Favorite Linda Yaccarino Leaves NBC appeared first on CoinGape.

Twitter CEO Favorite Linda Yaccarino Leaves NBCU | Coingape

Crypto Market News: Another development emerged in the hunt for the new Twitter CEO as NBCUniversal’s head of advertising Linda Yaccarino, who was reportedly believed to assume the top position at the social media company, has resigned from NBCU, according to latest reports. The reports said Yaccarino just left NBCU with a resignation effective immediately. The post Twitter CEO Favorite Linda Yaccarino Leaves NBCU appeared first on CoinGape.

Crypto Liquidation Nears $150 Million; Bitcoin Fears To Drop Under $26K | Coingape

Crypto Market Crash: The global digital asset market printed broad red indexes as selling pressure mounts up. The cumulative market cap is down by a massive 2.78%, losing around $30 billion over the past day. However, the ongoing decline has triggered massive liquidation of the top digital assets. Also Read: CZ Seeking To Dump Binance.US The post Crypto Liquidation Nears $150 Million; Bitcoin Fears To Drop Under $26K appeared first on CoinGape.

Will Bitcoin Rise Above $30000, Or Break Below $25k? | Coingape

The recent decline in Bitcoin’s price for the second consecutive day and dropping to its lowest level in over six weeks could indicate a bearish trend in the short term. The token is shedding some of its gains from the 2023 rebound, and the market sentiment seems to be more cautious and fearful. Will Bitcoin The post Will Bitcoin Rise Above $30000, Or Break Below $25k? appeared first on CoinGape.

Breaking: Crypto Market In Free Fall As Bitcoin Price Breaks 200-WMA | Coingape

Bitcoin price breaks below the key 200-weekly moving average (WMA) level causing a massive sell-off in the broader crypto market. BTC price tumbled below $26,100 briefly, after a downfall of more than 5% in the last 24 hours. Ethereum (ETH) price also fell more than 5% to below $1750, bringing a freefall in the crypto The post Breaking: Crypto Market In Free Fall As Bitcoin Price Breaks 200-WMA appeared first on CoinGape.

Empower Oversight Sues US SEC Over Selective Enforcement On Crypto

Crypto Market News: Empower Oversight Whistleblowers & Research (EMPOWR), an organization focused on enhancing independent oversight, on Thursday filed a complaint against the US Securities and Exchange Commission (SEC) over alleged selective enforcement on crypto market businesses by top agency officials. The organization filed a complaint in the United States District Court for the District The post Empower Oversight Sues US SEC Over Selective Enforcement On Crypto appeared first on CoinGape.