Whales Dive In, But Dogecoin Price Sinks 20%: What’s Going On?
Dogecoin (DOGE), the Shiba Inu-faced darling of the 2021 memecoin frenzy, has found itself shivering in the current crypto winter. Once a symbol of retail investor exuberance, DOGE has plummeted over 70% from its sky-high peak, leaving its future…
Fresh Money From Retail Traders Flows Into Copy Trading As Crypto Derivative Expands: Margex
Coinbase won approval to offer cryptocurrency derivative trading to U.S. retail customers, fueling much hope and momentum to the $2.1 trillion cryptocurrency derivative market. Coinbase’s approval arrived following a significant decline in…
Bitcoin Bull Run Over? Analyst Predicts What To Expect Now
The recent plummet in Bitcoin’s value below the $60,000 mark has sparked widespread speculation within the crypto community, raising questions among investors and market watchers about the future direction of its price. Marco Johanning, a…
Bitcoin Slide Over? Top Analysts Unanimously Call $56,000 The Bottom
Bitcoin (BTC) has been battered by a relentless bear market over the past month, with its price tumbling 20% from its record highs. However, amidst the carnage, glimmers of hope emerge as prominent analysts predict a potential bottom forming around…
Buy Dogecoin Now? Analyst Believes DOGE Is Primed For A Surge
In an analysis shared via X, crypto analyst Ali Martinez elaborated on the ongoing price correction of Dogecoin (DOGE), positing that it is a consistent precursor to major bull runs, drawing on historical patterns to forecast future price…
Dogecoin extended losses and traded below the $0.1350 resistance zone against the US Dollar. DOGE is now testing an important support at $0.1200. DOGE gained bearish momentum below the $0.140 and $0.1350 levels against the US dollar. The price is…
Ethereum Price Revisits Key Support, Can Bears Take Over?
Ethereum price started another decline and traded below $2,920. ETH could gain bearish momentum if there is a close below the $2,800 support zone. Ethereum remained in a bearish zone and traded below the $2,900 zone. The price is trading below…
Bitcoin Price Settles Below $60K, Is This A Critical Bearish Sign?
Bitcoin price extended losses and settled below $60,000. BTC is now consolidating losses near $58,000 and remains at risk of more downsides in the near term. Bitcoin extended losses and traded below the $60,000 zone. The price is trading below…
Bitcoin Hits ‘Danger Zone’: Peter Schiff Warns Of ‘Do or Die’ Scenario
Bitcoin is facing a critical juncture as it has entered a ‘danger zone,’ according to prominent gold advocate Peter Schiff. This investor, known for his skepticism toward Bitcoin, suggests that the cryptocurrency is entering a “do…
Finance Expert Raoul Pal Says 20% Bitcoin Correction Only Temporary As Euphoria Will Return
Co-founder and Chief Executive Officer (CEO) of Real Vision, Raoul Pal has shed light on the current market state and the future outlook of Bitcoin, the world’s largest cryptocurrency. Despite the cryptocurrency witnessing declines of more than…
Market Downturn? Not For Optimism: A16z’s Major OP Purchase Sends Price Skyrocketing By 9%
In a month marked by a challenging correction in the crypto market, Layer 2 (L2) blockchain protocol Optimism has emerged as a standout performer. Within the past 24 hours, Optimism’s native OP token skyrocketed by 9%, positioning it as the…
Bitcoin Bottom Out? Analyst Signal Turnaround Amid Market Slump
Bitcoin has recently concluded April, marking its most significant monthly decline. Despite the bearish momentum, leading market analysts, including Michael van de Poppe, believe that the worst may soon be over, suggesting that Bitcoin is nearing…
Altcoins In Trouble As Seasoned Analyst Predicts 40% Drop In Prices
Altcoins have suffered more in the crypto market following the Bitcoin price crash, leaving a lot of investors in losses. This is not out of the ordinary as these altcoins are known to have a higher volatility compared to Bitcoin, hence, their…
Is This Cycle’s Bitcoin Bottom In? Analysts Forecast BTC Bounce Back
As May 1st started, Bitcoin (BTC) faced a new correction that made the price stumble under the $60,000 support level. The flagship cryptocurrency has seen several retraces during this bull cycle, with BTC swiftly recovering the crucial support…
Stablecoin Giant Tether Strikes Gold: Achieves Record Net Profit Of $4.5 Billion In Q1
Stablecoin issuer Tether, a prominent player in the cryptocurrency market behind the widely used USDT stablecoin, has released its audit statement for the first quarter of 2024, accompanied by a report conducted by independent accounting firm BDO. …
Bitcoin Investors Remain Unmoved Despite BTC Drop Below $60,000, The Worst Is Almost Over
On Wednesday, Bitcoin sharply declined, dropping below the crucial $60,000 support level. Despite this recent market downtrend, Bitcoin investors remain confident as they believe the flagship crypto can still reach new heights in this market cycle…
Bitcoin Is Fine As Long As It Holds Above $49,000: Analyst
Despite Bitcoin’s 13% drop in the past week, which saw it break below the psychological $60,000 level and drop 20% from its all-time highs, one analyst on X remains resolute. Drawing from the weekly chart, the trader maintains a bullish…
Bitcoin Euphoria Cools Off As BTC Distribution Enters Fear Zone
Bitcoin has finally broken below the $60,000 support level for the first time in two months. The world’s largest digital asset has largely been in a euphoria phase since the beginning of the year, particularly after the launch of Spot Bitcoin…
Bitcoin Greed No More: Sentiment Back At Neutral After $57,000 Plunge
Data shows that Bitcoin sentiment has cooled off to neutral from greed following the asset’s latest plunge to the $57,000 level. Bitcoin Fear & Greed Index Has Returned To Neutral Levels The “Fear & Greed Index” is an…
Bitcoin Milestone Ahead? Analyst Forecasts New Peak This Month
In the face of a general market decline and pessimism, Captain Faibik, a cryptocurrency expert and enthusiast, has emerged with an optimistic outlook for Bitcoin (BTC) foreseeable future trajectory, predicting that the crypto asset could rise to a…
Machine Learning Algorithm Predicts Dogecoin Price For May 2024
As April comes to a bearish close, expectations for Dogecoin in May are not exactly bullish, especially as the crypto market has continued to fall. DOGE has been one of the main losers during this time, falling below $0.14. This underperformance is…
Bitcoin (BTC) has witnessed a significant drop, falling to $56,556 during Wednesday morning in Europe, marking the lowest point since late February. This downturn represents the sharpest monthly decline since November 2022, with BTC tumbling…
Solana Crawls: Network Update Fails To Fix Traffic Jam, Price Feels The Pinch
Solana, the self-proclaimed high-speed blockchain darling, finds itself facing an uphill battle. A confluence of a broader crypto market downturn and persistent network congestion threatens to stall its momentum and cast doubt on its long-term…
If History Repeats, This Is How Bitcoin Price Will Perform In The Next 6 Months
In a recent thread on X (formerly Twitter), renowned on-chain analyst Checkmate provided an analysis regarding the future trajectory of Bitcoin. Currently, the premier cryptocurrency hovers around the $60,000 mark, a pivotal moment that echoes…
Shiba Inu Surprise! Binance Japan Listing Ignites 360% Price Spike
Shiba Inu (SHIB), the meme coin with a loyal following, experienced a whirlwind of activity in the Japanese market this week. The catalyst? The listing of a new SHIB/JPY trading pair on Binance Japan, a move that initially sent the price soaring…
DOT Price (Polkadot) Approaches Key Level: Should Traders Brace for Sharp Drop?
Polkadot (DOT) is showing bearish signs below the $8 resistance against the US Dollar. The price could extend its decline if it fails to stay above $6.00. DOT is gaining pace below the $8.80 and $8.00 levels against the US Dollar. The price is…
Ethereum Price Plunges Over 5%, Can Bears Push ETH Under $2,800?
Ethereum price started another decline and traded below $3,000. ETH must stay above the $2,800 and $2,850 support levels to avoid a major drop. Ethereum started another decline and tested the $2,900 zone. The price is trading below $3,120 and the…
Bitcoin Price Nosedives, Can Bulls Save The Key Support at $60K?
Bitcoin price took a hit and even spiked below $60,000. BTC could gain bearish momentum if there is a daily close below the $60,000 support zone. Bitcoin started another decline and traded below the $61,200 zone. The price is trading below $62,000…
Solana Projected To Reach $500 This Year Despite Market Meltdown, Expert Predicts
Solana (SOL), currently ranked as the fifth largest cryptocurrency with a market capitalization of $56 billion, has experienced a significant decline amid the recent market meltdown affecting the digital asset space. Over the past 24 hours, SOL…
Upcoming Token Releases: These Altcoins Are Set To Inject Billions Into The Crypto Market By May
May 2023 is poised to become a landmark month for the crypto market, with major token releases slated to inject substantial liquidity and potentially catalyze shifts in market dynamics. Key developments from AEVO and PYTH and significant…
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