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In the latest market update, CoinStats reports that buyers continue to hold the upper hand in the Bitcoin market. However, there are some bearish signals that traders should be aware of.

Changpeng Zhao, also known as CZ, the founder of Binance, the world's largest cryptocurrency exchange, is facing a delay in his sentencing, which was initially scheduled for February 23. The new date for his sentencing is set for April 30, with no clear explanation provided for the two-month postponement.

XRP, one of the top cryptocurrencies, is currently facing a crucial moment in its market journey. The asset attempted to break through but found resistance at the 26-day Exponential Moving Average (EMA). This resistance suggests a potential retracement in XRP's price.

Renowned author and financial educator Robert Kiyosaki, famous for his bestseller "Rich Dad Poor Dad," has once again taken to social media to sound the alarm bells amid growing concerns over economic instability. Kiyosaki's recent post has sent shockwaves through the financial world as he warns of an imminent collapse of the S&P 500 index by a staggering 70%.

According to CoinStats, most coins are experiencing an upward trend on the last day of the week. Bitcoin (BTC) has seen a 1.72% increase in price since yesterday, reaching a level close to $49,048. However, traders should closely monitor the candle closure, as a dip below yesterday's peak could indicate a correction to the nearest support zone at $46,000. At the time of writing, Bitcoin is trading at $48,122.

During his recent appearance on CNBC's Squawk Box show, Anthony Pompliano, a prominent VC investor, Bitcoiner, and entrepreneur, discussed the growing popularity of Bitcoin and the success of spot BTC ETFs. Pompliano, also known as 'Pomp' in the cryptocurrency community, highlighted the significant impact of these ETFs on Wall Street.

This article discusses the anticipated impact of the upcoming U.S. Consumer Price Index (CPI) data release on Bitcoin and the wider cryptocurrency market. The CPI data, which tracks changes in the cost of goods and services, is a key indicator of inflation in the economy. As Bitcoin is sensitive to macroeconomic events, such as CPI data, its price and volatility could be significantly influenced.

Dogecoin, a cryptocurrency often influenced by Elon Musk's social media presence, has experienced a notable 4.5% drop in value. This decline follows the news that Musk, the leader of the X platform, is required to testify once more in a regulatory investigation into his acquisition of Twitter. The potential legal implications of Musk's testimony have raised concerns among investors, as Dogecoin could face stringent regulations if classified as a security.

The cryptocurrency market has started the new week on a bearish note, with most cryptocurrencies experiencing a decline in value. According to CoinStats, the rate of DOGE has fallen by 3% over the past 24 hours, while SHIB has gone down by 2.64%.

Bitcoin's ability to overcome strong resistance at current levels is crucial for the start of a proper altcoin rally, according to a seasoned crypto trader and educator.

In a significant development, Shiba Inu's blockchain platform, Shibarium, has witnessed a remarkable surge in activity. Over the past 24 hours, the number of active accounts engaged in transactions on Shibarium soared to 732, marking a staggering 50% increase compared to the previous day.

Bitcoin's (BTC) price has garnered significant attention recently as it edges closer to the $50,000 mark, driven by a bullish weekly divergence. Top crypto analyst Michaël van de Poppe took to X (formerly Twitter) to highlight Bitcoin's impressive trajectory, noting its recent break above the $48,000 barrier.

According to CoinMarketCap, the cryptocurrency market experienced a decline in prices. Bitcoin (BTC) decreased by 1% over the last 24 hours, Ethereum (ETH) fell by 1.72%, and XRP declined by 2.88%.

Dogecoin (DOGE) is experiencing a decline in its market performance, with several key metrics sliding backward over the past week. The current price of Dogecoin has dropped by 3.14% to $0.07998, reaching a low of $0.07964 overnight. This decrease in price has resulted in Dogecoin being removed from the top 10 list of cryptocurrencies by market cap, a demotion that has not occurred in over a year.

A substantial amount of Solana (SOL) worth approximately $10.5 million was recently transferred to the Binance exchange, catching the attention of cryptocurrency enthusiasts and investors. The transaction, involving 99,999 SOL, was highlighted by Whale Alert, a popular service that tracks significant blockchain transactions.

The Ethereum ecosystem is facing a reality check as the innovative ERC-404 sector on Ethereum experiences a substantial drop. In the past 24 hours, the market capitalization of ERC-404 tokens has plummeted by 29%, with tokens like PANDORA sliding over 15%, DEFROGS tumbling over 22% and RUG collapsing by a staggering 38%.