Elon Musk Points Out ‘Most Serious Looming Issue’ In Banking, Bitcoin To Moon?
Tesla CEO Elon Musk has pointed to the “most serious looming issue” in the banking system in a new tweet. On Twitter, Musk was responding to an analysis by The Kobeissi Letter, which noted that more than $2.5 trillion in commercial real…
BNB Price Close Above $340 Could Spark Larger Rally To $400
BNB price (Binance coin) is showing positive signs above the $320 level against the US Dollar. It could continue to move up if there is a break above the $340 resistance. Binance coin price is showing bullish signs above the $320 level against the…
Bitcoin Price Surge Threatened By Liquidity Crunch – What To Expect
Bitcoin market liquidity is currently a major point of concern within the cryptocurrency sphere. The lack of depth in the market has led to significant price slippage when large orders are executed, resulting in erratic price swings that can…
Ethereum Price Topside Bias Vulnerable If It Continues To Struggle Below $1.8K
Ethereum price started a fresh decline from the $1,860 resistance against the US Dollar. ETH could move down below $1,730 if it stays below $1,800 for a long time. Ethereum started a downside correction below $1,800 and $1,780. The price is trading…
Bitcoin Price Extends Consolidation and Might Soon Gear For Fresh Lift-off
Bitcoin price is still consolidating above the $27,000 support. BTC could start a fresh surge if there is a successful move above the $28,150 resistance. Bitcoin is moving higher above the $27,500 resistance. The price is trading above $27,500 and…
Euler (EUL) Up 25% As Hacker Returns 51,000 ETH From Stolen Loot
EUL, the native token of the DeFi lending protocol Euler Finance, is currently experiencing an impressive price rally driven mainly by news of the protocol recovering some of the stolen funds from the $200 million hack that occurred earlier this…
MakerDAO Maintains Trust In USDC Despite Depeg Debacle
MakerDAO, the governance community of the popular DeFi lending platform Maker, has decided to keep using USD coin (USDC) as the primary reserve asset for the DAI stablecoin. Although USDC experienced a temporary depeg earlier this month, an…
The surge of the largest cryptocurrency in the market, Bitcoin (BTC), has caught the attention of investors and analysts, with many drawing parallels to BTC’s performance in Q1 2021. While the similarities are striking, some experts caution against…
XRP Might Target $0.50 If It Continues To Trade Above This Level
XRP has been trading on a bullish streak over the last few days. In the past week, the altcoin appreciated by close to 18%. On the daily chart, however, XRP slipped nearly 4%. Despite the fall on the daily chart, the altcoin was moving with bullish…
Number Of Ethereum Addresses In Profit Hits 10-Month High As ETH Continues Rally
After several spikes since the beginning of the year, up over 40% from January, Ethereum investors have profited, translating into key metrics. According to the on-chain analysis firm Glassnode, the number of Ethereum addresses in profit has now…
Bitcoin Coinbase Premium Continues To Decline, Buying Pressure Ending?
Data shows the Bitcoin Coinbase Premium has declined recently, suggesting that the buying pressure may be slowing down from the US investors. Bitcoin Coinbase Premium Index Has Gone Down In Recent Days An analyst in a CryptoQuant post pointed out…
Why Litecoin Could Be Gearing Up For Its Greatest Rally Since 2017
Litecoin price is up 10% this week, and more than 40% since its big brother Bitcoin began soaring amid the banking crisis. This could be barely a glimmer of what’s to come, according to a potential Elliott Wave Principle chart pattern called…
ARK Invest Buys $18M Worth of Coinbase Shares As The Price Tumbles
In a recent development, Cathie Woods Ark Invest purchased 268,928 Coinbase (COIN) shares following the Wells notice from SEC. The report revealed that the investment firm had sold 160,887 Coinbase shares from its Fintech Innovation ETF, making it…
On-Chain Data Indicates Ethereum’s Bullish Trend Could Continue
Of all the altcoins in the crypto space, the price of Ethereum has been the one that has closely followed the performance trend of Bitcoin. The digital asset has been able to clear the $1,800 level multiple times, dragging more investors into…
NEO Token Surges 5% In Last 24 Hours Despite Market Downtrend
NEO emerged as number two among the top-gaining coins today when most cryptocurrencies are down. CoinMarketCap data shows the token has increased by over 5% over the last day and is trading at $12.77. NEO also recorded a 6.62% price gain on the…
Quant Explains How Bitcoin ‘ESR’ Can Act As Leading Indicator For Price
A quant has explained using on-chain data how the Bitcoin Exchange Stablecoins Ratio (ESR) may act as a leading indicator for the price. Bitcoin ESR Has Shown Divergence From The Price Recently As explained by an analyst in a CryptoQuant post, the…
Bitcoin Will Be Stronger Despite Attacks From the US, Says HRF’s Executive
Alex Gladstein, the Chief Strategy Officer (CSO) of the Human Rights Foundation (HRF), believes Bitcoin will emerge stronger than ever despite “attacks” from the United States government. Bitcoin Will Survive Attacks In a tweet on March…
3 Reasons To Remain Bullish On Bitcoin In Coming Months
The Bitcoin price is currently consolidating below the key resistance zone at $28,300. Both from a historical perspective and based on current macro events, there are good reasons to remain bullish and expect the price to continue to rise. US…
Over 472,845 Claim Nearly 892 Million Arbitrum (ARB) Tokens
Dune Analytics data on March 24 reveals that 472,845 ARB claimers have received roughly 892 million tokens since the airdrop began. The ARB Airdrop As of March 24, there were precisely 891,924,000 ARB tokens claimed, translating to a 76.75% claim…
Bitcoin Liquidity Crisis Gets Worse, Here’s What It Means For Price
Conor Ryder, researcher at digital asset data provider Kaiko, has examined the liquidity of the Bitcoin and crypto markets in a new study, finding that the liquidity situation in crypto has deteriorated further this month following the banking…
Dogecoin (DOGE) Makes Slight 6% Climb This Week – Here’s Why
Dogecoin (DOGE) price has experienced a slight upward movement, bringing hope to its supporters amidst a tumultuous period for the cryptocurrency market. Earlier today, the meme-inspired digital currency has risen by 6%. This latest surge in…
Cardano (ADA) Price Saw Technical Breakout: Big Reaction From Bulls Imminent
Cardano’s price started a fresh increase above the $0.35 resistance. ADA rise further if it clears the $0.388 resistance zone. ADA price is gaining bullish momentum above the $0.350 support against the US dollar. The price is trading above $0.350…
Ethereum Price Rally To $2,000 On The Horizon, As Bears Show Weak Hands
Ethereum price started a fresh increase above the $1,800 resistance against the US Dollar. ETH is showing positive signs and might rally towards $2,000. Ethereum remained strong above the $1,700 zone and recovered losses. The price is trading above…
Bitcoin Price Trims Losses But Remains In Range, What Could Trigger Fresh Rally
Bitcoin price trimmed all losses and climbed above $28,000. BTC must clear the $28,500 resistance zone to start a steady increase in the coming sessions. Bitcoin is moving higher above the $28,000 resistance. The price is trading above $28,000 and…
Bitcoin Nears $29,000 As Fed Rate Hike Brings Clarity To Market
As of the first quarter of 2023, Bitcoin (BTC) has shown impressive performance as one of the top-performing assets. The cryptocurrency is currently on track to surpass the $29,000 level, with market uncertainty reducing following the Federal…
Aave has been securing steady gains over the past few days. Over the last 24 hours, the altcoin gained nearly 1.4%. Weekly gains have not been as high as Aave gained 3% With Bitcoin swaying between two crucial levels of $28,000 and $28,500 in the…
Ethereum Bullish Signal: $560M In ETH Exits Exchanges
On-chain data shows a large amount of Ethereum has left exchange wallets within the past two days, a sign that could be bullish for the price. Ethereum Supply On Exchanges Has Plunged In The Last 48 Hours As an analyst on Twitter pointed out, about…
Solana Price May Fall To $21 Before It Stages Another Recovery
Over the last week, the price of Solana has risen. During the same time frame, SOL surged close to 17%. Although the bulls were in the market, SOL was not entirely out of the woods. The price was dragged to the $21 mark recently after the bears…
Fantom (FTM) Records 23% Gains On Weekly Chart, What’s Next?
While the global crypto market capitalization plunged today, with most coins trading in red, Fantom (FTM) bucked the bears. FTM has scored over 23% price gains on the weekly chart. The coin gained 0.48% on the last day and shows a 4.65% price…
New Proposal Wants To Burn All Coins In LUNC Oracle Pool, Will This Help The Price?
Terra Classic (LUNC) has been suffering since the unfortunate event that happened in May 2022. After the network’s collapse, the cryptocurrency lost over 99% of its value. As a result, investors lost billions of dollars, but the network is far from…
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