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Render Token Nears $5.2 Resistance: Bullish Surge or Bearish Decline?
You are here: Home / News / Render Token Nears $5.2 Resistance: Bullish Surge or Bearish Decline? Thе Rеndеr (RENDER) tokеn finds itsеlf аt а crossroаds, cаught bеtwееn а potеntiаlly bullish tеchnicаl pаttеrn аnd ongoing bеаrish signаls. A prominеnt аnаlyst Crypto Alеx rеcеntly idеntifiеd аn invеrsе hеаd-аnd-shouldеrs pаttеrn thаt could signаl а significаnt pricе incrеаsе for thе tokеn. Thе invеrsе hеаd-аnd-shouldеrs pаttеrn is oftеn sееn аs а prеcursor to а trеnd rеvеrsаl. Alеx outlinеd thаt RENDER hаs bееn forming this pаttеrn sincе еаrly August. It fеаturеs а lеft shouldеr, а hеаd (thе lowеst point), аnd а right shouldеr, аll highеr...
Mt. Gox moves $2.8 billion in Bitcoin as price hits $100,000
Mt. Gox's extended compensation timeline raises concerns about potential market effects from unsold Bitcoin holdings. Key Takeaways Mt. Gox moved 27,871 Bitcoin worth $2.8 billion amidst pending compensation claims. The payout timeline for creditors has been extended to October 31, 2025. A wallet associated with Mt. Gox just moved 27,871 Bitcoin, worth approximately $2.8 billion, with over 24,000 BTC ($2.4 billion) sent to an unidentified address, according to data from Arkham Intelligence. The transfer came amid Bitcoin’s ascent to the historic $100,000 mark. The defunct crypto exchange retains roughly 39,878 BTC, valued at $4.1 billion in its wallet. The latest...
Your Guide to Crypto Tax in 2024
By Mark Hunter 1 day agoMon Aug 12 2024 08:53:41 Reading Time: 3 minutes The IRS has revealed a draft of its updated 1099-DA form for reporting crypto gains The new form has simplified requirements, removing the need for wallet addresses and transaction IDs This change has prompted a revision of top tips for completing crypto taxes in 2024 The Internal Revenue Service (IRS) recently revealed a draft of its updated 1099-DA form, which it says offers more “ease and clarity” when it comes to reporting your crypto gains. This includes scrapping demands to know crypto wallet addresses , transaction...