Binance Drama Causes Crypto Prices To Dance On The Edge – Details
The prices of prominent cryptocurrencies, such as bitcoin and Binance Coin, experienced a decline subsequent to the emergence of reports indicating that Changpeng Zhao, the founder and CEO of Binance, admitted guilt in relation to charges of…
Spot Bitcoin ETF Odds ‘Might Have Increased To 100%’: Matrixport
Matrixport, a leading digital finance platform, today, November 22, released a comprehensive research note focusing on the significant implications of yesterday’s developments in the crypto industry, particularly regarding the prospects of a…
MATIC Price Prediction: Polygon Turned Sell On Rallies In Short-Term
MATIC price is down over 10% after the SEC’s lawsuit against Kraken mentioned MATIC as security. Polygon is under pressure and might struggle to recover. MATIC price started a fresh decline from the $0.98 resistance against the US dollar. The price…
Ethereum Price Recovery In Trouble? Here Are Key Hurdles To Fresh Increase
Ethereum price declined sharply alongside Bitcoin. ETH traded below $2,000, but it is still holding the key support at $1,920 and might attempt a fresh increase. Ethereum struggled to clear the $2,070 resistance and corrected lower. The price is…
Bitcoin Price Plunge Due to Binance’s Settlement Could Be ‘Buy Dips’ – Here’s Why
Bitcoin price declined over 4% and traded below the $36,500 support. BTC is still holding the key $35,650 support zone and dips might attract buyers. Bitcoin started a fresh decline after reports of Binance’s settlement and CZ stepping down. The…
Binance Coin (BNB), the native token of the Binance cryptocurrency exchange, has experienced a sharp decline of 10% following reports that Binance is preparing to settle criminal charges with the US Department of Justice (DOJ) through a $4.3…
DeFi gathering momentum, Ethereum Gas Fees Rising: Why Is Uniswap (UNI) Stuck?
Decentralized finance (DeFi) activity on Ethereum is picking up momentum based mainly on how gas fees have been trending in the first three weeks of November, data from Kaiko shows. Even so, despite Uniswap (UNI) spearheading the revival, looking…
Did JPMorgan Secretly Buy 7.5 Million XRP? Here’s What We Know
The crypto rumor mills have been abuzz lately with talk of JPMorgan, a US megabank, secretly buying XRP tokens. This rumor has gained ground and in the course of its spread, has garnered the attention of the crypto community as they dissect it…
Analyst Predicts Chainlink Rally To $20 Based On This Pattern
An analyst has pointed out how Chainlink might be breaking out of a bull flag right now, which could suggest a rally toward $20. Chainlink Is Escaping Out Of A Bull Flag Pattern Currently In a new post on X, analyst Ali pointed out a breakout that…
Did The OpenAI and Microsoft Saga Just Trigger Massive Interest in AI Tokens?
The recent saga surrounding OpenAI and its co-founder Sam Altman has sparked a surge of interest in AI tokens, with total weekly trade volume surpassing $2 billion for the first time since March, fresh data from Kaiko, a blockchain analytics…
Fetch AI Breakout Confirmed: Analysts Reveal Bullish Targets For FET Price
Fetch AI (FET) has been riding the bullish artificial intelligence (AI) narrative following Sam Altman being ousted from OpenAI. Its native FET token has seen an impressive move upward since then, maintaining its bullish headwinds at the same time…
From Cool-Off To Takeoff: How XRP’s Current Value Signals An Imminent Market Triumph
Ben Armstrong, a well-known crypto analyst and YouTuber has recently offered an intriguing perspective on XRP’s current trading value. XRP, a token closely watched in the crypto community, particularly after its legal battle with the US…
Crypto Market Reacts: Binance CEO Changpeng Zhao Steps Down
In a shocking turn of events, Binance CEO Changpeng Zhao has agreed to step down from the crypto exchange and has plead guilty to “violating US anti-money laundering requirements.” The news is currently being priced into the crypto…
Celsius Network’s Shift Towards Bitcoin Mining Plan
Bankrupt crypto lender Celsius Network has revealed that the company planning on switching to a Bitcoin mining-only company, following its bankruptcy court’s confirmation of the plan. Celsius Transition To Mining NewCo Celsius Network‘s…
Ethereum Exchange Supply Drops To 5-Year Lows, What This Means For Price
Ethereum recently cleared the $2,000 price level again in the past 24 hours, as filings of Spot Ethereum ETFs in the US start to pile up. New on-chain data has shown a clearer sentiment among ETH investors, and it looks like many are getting ready…
Analyst Sets $30,000 Floor For Bitcoin, But Can We Forget 2021’s Misfire?
The price of Bitcoin presses on towards the upside and, once again, touched a critical resistance close to $38,000. The cryptocurrency could trend sideways at its current levels in the short term, leading analysts to find the support level that…
Solana is forming a TD Sequential sell signal on the weekly chart right now and this analyst believes a decline to as low as $30 could happen for SOL. Solana Weekly Chart Is In Process Of Forming A TD Sequential Sell Signal The “Tom Demark…
Global banks have begun actively integrating crypto assets into their financial operations, and XRP has been one of their top preferences. This news signifies a shift in the skepticism surrounding cryptocurrencies, revealing how some of the world’s…
Shiba Inu Sees A Whopping 48,000% Increase In The SHIB Burn Rate, What’s Next?
The Shiba Inu community has again ramped up its SHIB burning efforts, causing a massive burn rate spike. Despite SHIB’s tumbling price in the past seven days, Shiba Inu’s burn rate has recorded a nearly 48,000% increase. The SHIB community is…
XRP Price: Cup And Handle Pattern Hints At Short-Term 208% Surge
In a new technical analysis, crypto analyst Dark Defender has identified a bullish ‘Cup and Handle’ pattern on the XRP daily chart, signaling the potential for substantial gains. The pattern, which is characterized by a…
Solana Captures Institutional Investors’ Attention, Inflows Rise To $135 Million
Solana has held its stance among altcoins, registering inflows more than any other cryptocurrency besides Bitcoin last week. Institutional investment products have witnessed consecutive eight weeks of inflows, with some cryptocurrencies receiving…
Bitcoin About To Smash The $38,000 Barrier – Decoding the Next Moves
Bitcoin (BTC) price reclaimed $37,000 on Monday as the crypto market started the week strongly and with investors regaining confidence in the market. On-chain analysis identifies the key reasons that could propel BTC prices higher this week…
Spot Bitcoin ETF Is ‘A Buy The News’ Event: Pantera Capital CEO
The potential approval of a spot Bitcoin ETF in the United States has stirred considerable attention in recent weeks. Dan Morehead, CEO and founder of Pantera Capital, has now shared valuable insights on this matter in his latest “Blockchain…
Bitcoin Fees Soar Above Ethereum’s As Investors Flock To Ordinals-Backed Assets
CryptoFees data shows that Bitcoin daily fees averaged $10.65 million from November 16 to November 18, surpassing Ethereum’s average fee of nearly $7 million for the same period. Until 2024, the US Securities and Exchange Commission (SEC) is…
BNB Price Momentum Reignites – Why Bulls Could Aim For 15% Rally
BNB price gained momentum and climbed above the $250 resistance. It is up over 5% and the bulls could soon aim for a move toward the $300 level. BNB price is moving higher above the $250 resistance. The price is now trading above $255 and the 100…
Ethereum Price Clears Hurdle – A Strengthening Case For More Upsides
Ethereum price started a fresh increase above the $1,950 resistance. ETH is consolidating and might aim for a move above the $2,070 resistance. Ethereum remained stable and started a fresh increase above the $1,950 level. The price is trading above…
Bitcoin Price Uptrend To Continue? These Factors Could Spark Fresh Surge
Bitcoin price is showing positive signs above the $37,000 resistance zone. BTC seems to be eyeing an upside break above the $38,000 resistance zone. Bitcoin started a fresh increase and climbed above the $37,000 zone. The price is trading above…
AVAX Open Interest Climbs 10.4% To $224 Million, Is $30 Possible?
The open interest for AVAX has been on a consistent rise over the last month, carrying the price of the altcoin along with it. The result of this continuous climb is the fact that the open interest has now surged to May 2022 levels, a development…
Clear Skies: Why Bitcoin Overhead Resistance Is Weak
Bitcoin price is only at $37,500 — a far cry from former all-time highs around $68,000. However, one visual technical analysis tool could show that overhead resistance is weak, and that the top cryptocurrency could rip right through what’s left…
SOL Price Forecast Takes Bearish Turn, Prepare For Potential Plummet To $30 Or Lower
Solana (SOL) has emerged as a prominent player in the dynamic world of cryptocurrency, showcasing a remarkable uptrend and delivering substantial gains. Despite a modest 3.6% correction in SOL price over the past 24 hours, the native token of the…
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