Intense fear gripped Curve Finance users in the past few days, causing temporary relief during the early Asian market on Wednesday as the CRV price gained about 15 percent, trading around $0.578. The DeFi token has been on a downward trend in recent weeks, but the rate of decline escalated on Monday following reports of...Read More
Now less than 1000 blocks remain until the halving, as the event is about to occur in less than a day. The price was closer to breaching the falling wedge after remaining within the consolidation for over 27 days. However, the token’s volatility has risen significantly and has been trading within large ranges. Hence, the...Read More
Maintaining a declining trend in the daily chart, DOT Coin price forms a descending triangle pattern. After struggling to exceed the $7.55 resistance level, DOT prices currently trade at a 33% discount from the previous swing high. Moreover, the price action forms a consolidation phase between $5 and $5.53 Over the past month and traps...Read More
The month-end closing is on the horizon! A fair amount of volatility was expected to kick in. But the current trade setup indicates the price may remain largely stagnant not only until the close but also for the next few weeks of August. Now that the price shows signs of a bullish breakout, the possibility...Read More
Ripple’s recent victory in the SEC lawsuit has created a ripple effect in the crypto world with curiosity about XRP’s future price trajectory. What is more enticing is that Google Bard, an AI chatbot, has stepped in to offer intriguing predictions for XRP’s price at the end of 2023, 2025, and 2030. Here is the...Read More
Santiment, a prominent cryptocurrency analytics platform, reported that as the highly anticipated Litecoin halving event approaches on Wednesday, key traders who hold positions ranging from $9.5k to $950k worth of LTC are engaging in aggressive accumulation. As history suggests, this reduction in supply and the potential increase in demand could have logical implications. According to...Read More
Altcoins are indeed making waves in the crypto market, and the recent activities of Litecoin (LTC), Ripple-affiliated XRP, and Solana (SOL) are clear indicators of this trend. In the past 24 hours, all three have experienced notable gains, signaling a potential shift in the crypto landscape. As Bitcoin’s (BTC) dominance begins to waver, the spotlight...Read More
After a series of days stuck under the $30K line, Bitcoin has finally shown a clear trend, though it’s not the one bulls were hoping for. Bitcoin slipped below its monthly support of $29K, and it didn’t stop there, continuing to slide down to the $28.8K mark. This severe bearish swing led to a massive...Read More
The XRP price continues to display strong upward momentum, with a target of retesting its 2021 highs at around $1.9. The recent judgment summary provided some clarity on investment contracts for the Ripple-backed digital asset, leading to increased trading volume. Furthermore, the coin has regained listing on almost all centralized digital asset exchanges that had...Read More
The previous week witnessed a downturn in the altcoin market, with top altcoins experiencing significant declines after failing to sustain higher levels. Despite the initial bullish sentiment and buying opportunities brought by Ripple’s victory, it appears that the majority of traders have now pivoted towards bearish positions. As a result, prominent altcoins, including Ripple’s XRP,...Read More
Bitcoin is currently attempting to be the star of the recovery show. In recent hours, Bitcoin has once again caught the attention of investors and traders as it sparked a renewed surge toward the $30,000 mark from a critical support level that it touched yesterday. This surge has left many questioning whether it is the...Read More
As the crypto market swiftly turned bearish from yesterday’s scarcely bullish outlook, top coins have found new support zones. Interestingly, amidst this downturn, MakerDao’s MKR stands strong as it recorded massive gains. Today, MKR soared higher with massive gains, adding nearly 20% to its value. Despite this impressive rally, MKR’s price has recently experienced a...Read More
In a recent analysis, renowned crypto market technical analyst Ali Martinez has drawn attention to Bitcoin’s positive signals, indicating a potential uptrend for the world’s leading cryptocurrency. Martinez’s focus on the TD Sequential, a widely respected technical indicator, revealed a crucial buy signal on Bitcoin’s 12-hour chart. This buy signal coincided with the formation of...Read More
The cryptocurrency market has been witnessing a significant bullish trend, particularly in the altcoin sector, following Ripple’s partial victory against the U.S. Securities and Exchange Commission (SEC). This legal triumph has not only boosted Ripple’s XRP but also ignited a renewed bullish wave in the altcoin market, with Stellar (XLM) and Bitcoin Cash (BCH) leading...Read More
Only a few weeks ago, Bitcoin’s market dominance had finally surpassed 50% after a two-year lull, thanks to a wave of applications for spot Bitcoin exchange-traded funds from leading financial institutions. However, following Ripple’s partial win against the SEC, Bitcoin’s dominance has experienced a setback. A sudden increase in altcoin prices led to a temporary...Read More
Bitcoin’s price saw a significant upswing, spurred on by Ripple’s victory in its legal battle with the SEC. The price of BTC even approached the $32K threshold, but a decrease in buying pressure led to a substantial decline. Bitcoin’s bullish momentum suffered another blow recently as the price dipped below the $31K mark, with the...Read More
A while ago, very unexpected US CPI rates were announced, wherein the rates were lowered to 3% from the previous 4%. The drop in CPI rates is considered a huge bullish indicator for the crypto space. However, the Bitcoin price continues to stick around $30,500, while some of the altcoins remain largely stagnant. The Ethereum...Read More
The $31,000 level has proven to be a significant resistance point for Bitcoin. Over the past few weeks, the bulls have tried and failed multiple times to break this level. Each failure has resulted in a price correction, with the most recent one being the most significant. After a failed attempt by the bulls to...Read More
As the sun rose on the global crypto market, Ethereum, the world’s second-largest cryptocurrency by market capitalization, found itself in an upward correction mode. After a period of bearish rally, Ethereum has begun a correction phase, with its price inching towards the $1,900 mark. As Ethereum faces a market correction, the focus is on the...Read More
Over the last week, the crypto market witnessed surprising price movements as Bitcoin significantly declined from a high of $31.5K. The latest US ADP data has hinted at an upcoming interest rate hike, adding another layer of uncertainty to the financial and crypto landscape. However, even in these turbulent times, certain altcoins are showing potential...Read More
As we approach the end of another tumultuous week filled with several macro events, all eyes are on Bitcoin (BTC), the digital gold standard of the crypto market. As the US CPI data is set to be announced on 12 July, investors wonder whether it would boost the BTC price or bring a severe plunge...Read More
The crypto markets continue to consolidate as the global crypto market cap settles around $1.18 trillion, with a minor drop of 0.2%. Besides, the star crypto, Bitcoin, continues to trade within a narrow region as its dominance continues to rise. Amid the hustle among the major tokens, Solana is leading its own way towards higher...Read More
With the resurgence of bears within the markets, the majority of the cryptos are shedding some of their gains. In the meantime, the tokens do possess the possibility of a bullish rebound as they appear to hold some strength but have been failing to utilize it, which often turns out to be a major rejection....Read More
After a significant rise, the bulls appear to have relaxed a bit as the prices of the majority of the tokens have been facing extreme consolidation. The star crypto, Bitcoin, witnessed a significant upswing and rose above $31,000. Besides, the Lite version of Bitcoin, Litecoin, displayed an iconic rally in the past few days and...Read More
The XRP market continues to consolidate in somewhat a bullish engulfing pattern despite other veteran altcoins – including Litecoin (LTC), and Bitcoin Cash (BCH) – registering significant gains in the past few weeks. Undoubtedly, the ongoing SEC vs Ripple lawsuit has significantly suppressed the XRP market, with liquidity in the United States at critical levels...Read More
Bitcoin continues to reign supreme as it recently surpassed the significant $31,000 mark, sparking a wave of bullish sentiment among investors and analysts. Bitcoin’s value surged beyond $31,000 on Monday following a tumultuous week of trading. This was influenced by news regarding applications for spot ETF funds and conjecture about their potential approval by the...Read More
As we enter July, the crypto market eagerly awaits the upcoming move. Bitcoin, the flagship cryptocurrency, has been flirting with the $30.5K mark, a level that has both investors and analysts on their toes. SEC’s recent decline on spot BTC ETF applications has put intense selling pressure, bringing warning signs of an immediate move among...Read More
The bitcoin price remains within the same range after the bears drove the price back close to $30,500 level. The market sentiments for the star crypto have not been bearish, even though the SEC stated that the ETF filings are inadequate. However, the price is constantly failing to rise and reclaim levels above $30,800. Hence...Read More
Blackrock’s application to the SEC for a Bitcoin ETF has caused Bitcoin’s volatility to return. After months of low trading, the recent rally pushed Bitcoin above $30,000. While Ethereum is still experiencing rejection from a significant resistance level, Bitcoin is forming a new pattern that could potentially lead to a breakout. According to a new...Read More
In the midst of market volatility, Bitcoin shows a solid stability by holding the $30K threshold. This trend is mainly boosted by Fidelity’s strategic move to file for a Bitcoin ETF, which could potentially catalyze a bullish trend. Furthermore, predictions from a Bloomberg analyst suggest that BlackRock, the world’s largest asset manager, may soon receive...Read More
