Bitcoin Coinbase Premium Declines, But Still At Green Values, Bullish Signal?
Data shows the Bitcoin Coinbase Premium has seen some decline, but the metric remains at very positive values, a sign that may be bullish for the price. Bitcoin Coinbase Premium Index Has Registered A Decrease Recently As pointed out by an analyst…
GMX Token Keeps Rising As Crypto Market Sees Correction
Just a few days ago, the cryptocurrency market soared at the peak of a banking crisis in the United States. However, it appears the rally has halted as the global cryptocurrency market declined and has reflected in most coin prices. But despite the…
Bitcoin Price Set To Rally As Macro Backdrop Is Perfect, Here’s Why
As the banking crisis has spread from the United States to Europe, Bitcoin may find the perfect macro environment for a major price rally. In a tweet, notorious trader Andrew Kang wrote that the macro backdrop has never been more perfect. Kang…
US Fed To Launch FedNow In July, Countering Ripple?
The United States Federal Reserve (Fed) will launch the FedNow service in July 2023, according to an announcement on March 15. FedNow Launching In July FedNow is a service that allows banks to transfer funds speedily across the broader financial…
Stacks (STX) Down By 14% Ahead Of Upcoming Hard Fork Upgrade
Stacks (STX), one of 2023’s most profitable cryptocurrencies, appears to be experiencing some market troubles. According to data from CoinMarketCap, the altcoin has lost 14.3% of its value in the last 24 hours, making it one of the biggest daily…
XRP Price Prediction: Topside Bias Vulnerable Unless It Surges Past $0.38
Ripple is struggling to stay above the $0.35 support against the US Dollar. XRP price must surpass $0.38 to start a fresh increase and avoid a downside break. Ripple is consolidating losses above the $0.35 support against the US dollar. The price…
Ethereum Price Dips Further But 100 SMA Is The Key To Fresh Increase
Ethereum price is correcting gains from the $1,780 zone against the US Dollar. ETH must stay above the 100 hourly SMA to start a fresh increase. Ethereum started a downside correction from the $1,780 resistance zone. The price is trading above…
Bitcoin Price Reaches Inflection Zone As The Bears Slowly Take Control
Bitcoin price is moving lower and trading below $25,000. BTC remains at a risk of a downside break if it stays below the $25,200 resistance zone. Bitcoin started a downside correction below the $25,500 support zone. The price is trading above…
How The USDC Depeg Will Impact DeFi, Expert Explains
Following the closure of Silicon Valley Bank (SVB), the value of the world’s fifth-largest cryptocurrency, USD Coin (USDC), plummeted to an all-time low on Saturday. The U.S.-based company behind the coin, Circle, revealed that $3.3 billion…
Cardano May Touch $0.30 But These Price Levels Are Vital For The Coin
Cardano had attempted to recover on its chart in the past week, but the bulls could not sustain the attempted upward movement. Over the last 24 hours, ADA dipped close to 9%, and in the previous week, it registered a loss of 1%. At the moment, ADA…
On-chain data shows exchanges have been observing recent growth in their Bitcoin reserves, a sign that selling pressure may be increasing. All Exchanges Observe Growing Bitcoin Reserves, Except For Coinbase As an analyst in a CryptoQuant post…
Why Bitcoin Could Explode To $40,000 Per Coin In A Flash
Bitcoin price is trading at $24,000 at the moment, and only recently held a retest of $20,000. Yet within weeks, Bitcoin price could double to more than $40,000 in a flash. Here is a closer look at the technical combination that has in the past…
Credit Suisse Shares Drop Nearly 25%, Is Bitcoin Gearing For Another Rally?
As the global bank crisis spreads, Credit Suisse Group AG, a Switzerland-based global investment bank and financial services firm, seems to have been caught in the contagion, which could lead to more gains for Bitcoin and the crypto market. The…
Tether: How Its $2 Billion USDT Minting Impacts Ethereum’s Success In The Bull Market
Despite recent negative developments in the crypto market, the sentiment seemed to be somehow bullish as Tether, its stablecoin and some major cryptos show resilience in the past couple of days. The collapse of major banks has significantly…
Polkadot To Fall To This Support Level Before Resuming Uptrend
Polkadot price noted a fresh decline on its one-day chart. The price of the altcoin has moved closer to its crucial support line in the same time frame. Over the last 24 hours, DOT has lost around 4% of its market value, and in the last week, DOT…
Ethereum Displays Bullish Pattern, What To Expect Next?
Over the past trading sessions, Ethereum has managed to appreciate and topple over the $1,600 price zone. At the moment, the altcoin might be displaying consolidated price action. In the past week, the coin has jumped by nearly 8%, which has made…
How Uniswap Was Deployed On The Binance Smart Chain
The company behind the popular decentralized exchange platform Uniswap Labs announced its launch on the Binance Smart Chain (BNB) via its official Twitter handle. Developed by crypto exchange Binance, the BSC was launched as a cheaper and more…
OKB Registers 11% Gains In One Week, Will It Hit $50?
OKB is gearing up for the $50 level as it registers successive price gains over the past few days. The token’s impressive moves sparked speculations that it might soon touch $50 or above. At the time of writing, OKB has recorded 11% price…
Bitcoin Rally Cools Following CPI Release, But Bulls May Not Be Done
On Tuesday, the crypto market went crazy with euphoria as Bitcoin rose from a daily low of around $22,800 to over $26,300. This move came as assets in the space began to regain their footing following the bank crisis that affected USDC, one of the…
Crypto.ro Announces ‘The Alliance’, The Most Anticipated Crypto Event In 2023
Crypto.ro, Romania’s foremost media company covering cryptocurrency and blockchain, just announced the upcoming conference “The Alliance” in Timișoara, set to take place on September 21, 2023. The event will be held at the…
Bitcoin Falls Below $25,000 As Whales Show Elevated Activity
Bitcoin has fallen below the $25,000 level during the past day as on-chain data shows signs of elevated activity from the whales. Bitcoin Whale Transaction Count Has Shot Up Recently According to data from the on-chain analytics firm Santiment…
Voyager Continues Shiba Inu Sales, SHIB Facing New Price Slump?
The sale of the remaining crypto assets of bankrupt crypto lender Voyager continues to be a hot topic for Shiba Inu (SHIB) investors. Already over the last few weeks, several million US dollars in SHIB have been liquidated, while the holdings…
Aptos (APT) Rises 21% In A Week As Launch Of Web 3 Game Draws Closer
Aptos (APT) recorded high gains over the past three days. Besides the recent improvement in market sentiment, APT’s performance anchors on the Aptos SDKs (Web3 game development tool kits) deployment. Aptos announced a partnership with NPIXEL, a…
Crypto Firms Should Ditch Banks To De-risk From Volatile Systems, Says Cardano Founder
Some crypto-friendly top banks have crashed due to regulatory uncertainty, market downtrend, and shortage of operational funds. The three banks that sent the digital asset market into a downtrend were Silvergate, Silicon Valley, and Signature bank…
Paxful Founder Says The Bitcoin Pump To $26,000 Is Weak
Despite the banking crisis in the United States and the latest inflation data, Bitcoin surged this week, reaching a nine-month high above $26,000. However, Paxful founder, Ray Youssef, remains doubtful of the uptrend. In a tweet on March 15, he…
How A South Korean Crypto Trader Lost Nearly $1 Million Trying To Short Bitcoin
Sotto, a Korean trader, lost nearly $1 million trading Bitcoin futures, reports on March 15 indicate. Trader On A Losing Spree Trading Bitcoin On his crypto futures trading account, Sotto first tried to short Bitcoin at around $21,000. However…
Bitcoin Falls Back To $24,000 After Briefly Topping $26K – Will BTC Backpedal Further?
Bitcoin price declined on Tuesday afternoon, reversing the day’s early gains, as the broader crypto market reacted to the latest financial sector crisis and inflation data headlines. Bitcoin (BTC) was trading at $24,833 at the time of…
ARK Invest’s Cathie Wood Claims Current Banking Crisis Was Inevitable
Cathie Wood, the founder of ARK Invest, an American investment management firm that invests in disruptive technologies, including exposure to cryptocurrencies, thinks the current banking crisis in the United States was inevitable. The U.S. Banking…
Bitcoin Forms Bump And Run Reversal Bottom, Target Is Over $100,000
After Bitcoin soared to over $26,500 following yesterday’s release of the Consumer Price Index (CPI) in the US, the price experienced a sharp correction. The BTC price briefly fell just below $24,000. At the time of writing, Bitcoin was…
SOL Price Prediction: Solana Could Rally To $25 If It Clears This Hurdle
Solana is slowly moving higher above the $20 resistance against the US Dollar. SOL price could rally if there is a clear move above the $22.80 resistance. Sol price found support near $16 and started a fresh increase against the US Dollar. The…
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