Ethereum/Bitcoin Futures Ratio Launch Could Threaten ETH Price? Expert Forecasts
The two largest cryptocurrencies by market capitalization, Ethereum and Bitcoin, slowed down on their rally. Following a surge above critical resistance, the cryptocurrencies could retrace and return to critical support levels. As of this writing…
Litecoin Bull Case Grows Stronger As Hashrate Touches New All Time-High
Litecoin (LTC) has been one of the most bullish coins for the year 2023 with anticipation around its forthcoming halving event. This has propelled the digital asset toward price increases higher than the market average. And now, once again, the…
Dawn For Bitcoin: $5 Billion In Options Expire And Could Push Price Towards $31,000
Still recording some green on small timeframes, the price of Bitcoin has remained above $30,400. Despite the recent selling pressure across the sector, the support around this level held, providing bulls a chance to fight back. As of this writing…
Cardano Shows Signs of Recovery: When Will it Reach $0.30?
Cardano (ADA) has shown signs of recovery in recent trading sessions, although its price continues to linger near a significant resistance level. In the past 24 hours, ADA witnessed a modest 2% increase, but weekly gains have been erased, resulting…
Slovakian Lawmakers Pass Amendment Lowering Cryptocurrency Taxation
Lawmakers in Slovakia have approved new legislation, with a resounding 112-2 vote in favor, aimed at reducing taxes associated with the sale of crypto or digital assets. In addition to the aforementioned tax-cutting law, members of the National…
Bitcoin Bulls Battle Against Miners’ $128 Million Move: Is The Bull Run In Danger?
Bitcoin’s (BTC) recent performance has been a source of concern for its investors, as the world’s largest cryptocurrency struggles to maintain its upward trajectory. While the currency recently recorded a 12-month high slightly above…
Analyst’s Forecast: Bitcoin (BTC) To Hit $310,000 If This Happens
The crypto community is currently in a state of constant speculation as renowned analyst Willy Woo sets forth a prediction suggesting Bitcoin could potentially scale up to a price of $310,000 under a specific set of circumstances. Woo’s…
Altcoin Whales Show Highly Active Day, Volatility Incoming?
On-chain data shows that altcoin whales have been highly active recently, something that could lead to volatility in the prices of these assets. Altcoin Whales Have Displayed One Of The Most Active Days Of 2023 According to data from the on-chain…
Compound (COMP) Surges Nearly 10% In The Past Day, Here’s Why
As the crypto world continues to evolve with increased volatility, unique patterns emerge, attracting the interest of investors and analysts alike. One such way has been observed in the recent trading activity of Compound (COMP), the governance…
Stablecoin Cap Shows Early Sign Of Reversal, Why This Could Benefit Bitcoin
Data shows the stablecoin market cap has returned toward equilibrium and may be gearing up for a reversal. Here’s how Bitcoin could benefit from this. Aggregate Stablecoin Market Cap Change Has Returned To Equilibrium According to data from…
Ethereum (ETH) Price Drops Due Whale Selling, Key Levels To Watch
Ethereum (ETH), the second largest cryptocurrency by market cap, experienced a price drop of over 3% within the last 24 hours. The reason is presumably a significant sell-off carried out by a prominent whale. The whale deposited 25,000 ETH (worth…
Dogecoin Faces Downward Pressure – Will DOGE Bulls Avert A Further Slide?
Dogecoin (DOGE) is currently facing a critical juncture in its price movement. The DOGE price is teetering above the last horizontal support level before a potential substantial decline. In order to avoid a steep fall, it is imperative for Dogecoin…
North Carolina House Approves Bitcoin Study, What Will It Reveal?
In consideration of recent developments, a bill has been introduced to evaluate the feasibility of establishing a state-administered depository for cryptocurrencies, positioning North Carolina as the custodian of its Bitcoin and virtual asset…
Stellar (XLM) Outshines Altcoins With 17% Rally – Here’s Why
Stellar (XLM) has recently experienced a remarkable surge, outshining various altcoins in the market. In a surprising turn of events, Stellar witnessed a staggering 17% increase in its value, giving investors and enthusiasts something to look…
Shiba Inu Lead Dev Shares Mysterious ‘Where’ Video As SHIB Readies For Breakout?
Shibarium, the highly anticipated layer 2 solution by Shiba Inu, is facing significant delays, leaving investors in a state of uncertainty. Despite initial expectations for a launch between the second and third quarter of 2023, the exact release…
XRP Price Topside Bias Vulnerable Unless It Climbs Above $0.50
Ripple’s token price started a fresh decline from $0.5265 against the US Dollar. XRP price could extend its decline unless it climbs back above $0.50. Ripple’s token price is moving lower below the $0.488 support against the US dollar. The price is…
Ethereum Price Grinds Lower As The Bulls Take Back Seat
Ethereum price is slowly moving lower below the $1,880 level against the US Dollar. ETH is still at risk of a move toward the $1,790 support. Ethereum is moving lower from the $1,920 resistance. The price is trading below $1,880 and the 100-hourly…
Bitcoin Price Needs To Clear $31K For Hopes of a Fresh Rally
Bitcoin price is still facing a major hurdle near $31,000. BTC could correct lower below $29,800 if it stays below $31,000 for a long time. Bitcoin is still consolidating below the $31,000 resistance zone. The price is trading below $30,500 and the…
FTT, the native currency of FTX and its ecosystem, is up 45% when writing on June 28. This positive price action follows a report by the Wall Street Journal that the exchange’s new management has started receiving proposals from parties interested…
Bitcoin Takes The Crown: Market Cap Dominance Soars Above 58%, Highest Level Since 2021
Bitcoin (BTC) has again taken center stage in the cryptocurrency market as institutional interest surges. This interest has been spurred by major financial giants such as BlackRock, Fidelity, and Ark Invest, who have applied with the U.S…
Sui Foundation Refutes Claims Of Dumping Locked Staking Rewards On Binance
The team behind the Sui network and its native SUI token has taken to Twitter to deny allegations of selling locked staking rewards on Binance. Word on the street is that the team moved a huge amount of locked staking rewards and dumped them on…
Bitcoin Reaches Longest Stretch Ever Without A Bull Run
Bitcoin is known for its explosive price movements — both bullish and bearish. However, Relative Strength Index data suggests the top cryptocurrency by market cap has gone the longest stretch ever without a bullish impulse. Just how long has it…
Bitcoin Poised For Potential Major Buy Signal In July
Spurred by the recent flood of spot Bitcoin ETF applications from Blackrock and Fidelity among others, Bitcoin vaulted impressively up to the $30,000 area where its momentum has stalled in recent sessions. While many analysts and traders routinely…
Solana Faces Resistance Yet Traders May Find Buying Opportunities Here
The price of Solana (SOL) has experienced consolidation in recent trading sessions, particularly in light of Bitcoin’s inability to trade at $31,000. SOL remains below a significant resistance level that the bulls have struggled to overcome…
BNB Market Cap Down By 25% In June Amidst Binance Regulatory Pressure
BNB, a native token of the Binance exchange, has seen a massive decline in its market shares following the global regulatory pressure on the trading platform. Binance began experiencing regulatory troubles on June 5, when the United States…
Michael Saylor Doubles Down On Bitcoin, Adds 12,333 BTC To MicroStrategy’s Holdings
MicroStrategy, a publicly traded software company, has once again invested heavily in Bitcoin, adding another 12,333 BTC to its already substantial holdings. The purchase, which was announced by the company’s former CEO Michael Saylor, cost…
Radix (XRD) Down By 11% In A Single Day, As Altcoin Market Slows Down
With decentralized finance (DeFi) gaining more traction, Radix (XRD) is touted to be one of the pioneers of this technological shift. It is a blockchain platform that enables the development of innovative DeFi applications. XRD, Radix’s native…
FTX Puts Sale Of $500 Million Stake In AI Firm Anthropic On Hold
The bankrupt cryptocurrency exchange FTX has suddenly halted the sale of its highly valued asset: its stake in the artificial intelligence startup, Anthropic. This abrupt decision introduces potential delays in addressing the remaining $2 billion…
Bitcoin Rally Stalls As Short-Term Holder Exchange Inflows Intensify
On-chain data shows the Bitcoin exchange inflows of the short-term holders have intensified recently as the asset’s rally has come to a halt. Bitcoin Short-Term Holders Are Showing Elevated Exchange Inflows According to data from the on-chain…
Report Reveals Surge In Institutional Bitcoin Adoption, How Far Will It Go?
The cryptocurrency industry has experienced a significant downturn in the last 18 months due to concerns about high inflation and its impact on finances. However, there is evidence of increasing institutional adoption of Bitcoin (BTC) amid these…
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