Crypto Analyst Says It’s Time To Buy Dogecoin, Here’s Why
Dogecoin remains one of the popular coins despite the crypto bear market and its resilience has seen it garner a significant following. And now, after a long and stretched-out downtrend, a crypto analyst has sounded the buy alarm for the meme coin…
Ducati Partners With Ripple, Prepares To Launch NFT Collection On XRP Ledger
Following a long-term interest in Web3, Ducati partnered with payment company Ripple and is set to launch its first non-fungible token (NFT) collection on the XRP Ledger this week. This step is the motorcycle company’s first venture into the…
Fundstrat Predicts Bitcoin Will Reach $180,000 In 2024, But What’s The Catalyst?
Bitcoin has been on the lips of many crypto investors and news outlets for the past few months as major investment companies like BlackRock look to bring on Spot Bitcoin ETFs. The world’s largest digital currency has also seen an increase in…
UK Regulator To Enquire About Worldcoin, As WLD Declines By 17% One Day Post-Launch
UK data regulator, the Information Commissioner Office (ICO), has laid out intentions to probe the newly launched crypto project Worldcoin. According to a report by Reuters on July 25, the ICO has taken notice of WorldCoin’s launch in the UK and…
Bitcoin Coinbase Premium Turns Red, US Institutions Disinterested?
Data shows the Bitcoin Coinbase Premium Gap has turned negative recently, a sign that large US-based investors may be selling currently. Bitcoin Coinbase Premium Gap Has Remained Near Neutral For A While Now As pointed out by an analyst in a…
Worldcoin Founder’s Refusal To Answer Token Distribution Question Sparks Controversy
Worldcoin co-founder Alex Blania’s recent refusal to disclose the token’s distribution model has raised some eyebrows, including that of John Deaton, who has expressed his dismay at his action. Something Fishy With Worldcoin? A video surfaced…
Here’s How Crypto Offers A Lifeline For This Bahamian Payment Company
The Latin American region faces high costs and challenges of traditional settlements, as people sending money to their close ones have to deal with high rates of transfer, and a portion of the population still remains unbanked. However, in a recent…
Ripple’s XRP Sales Jump Significantly In 2023, But Is This Bearish For The Altcoin?
Ripple’s sales in 2023 have caused mixed feelings for members of the Ripple community, with many considering it bullish for the network while others see it as detrimental to XRP’s price action. What Has Happened With Ripple’s Sales? Compared to…
Will Bitcoin Rebound? This Metric May Be The One To Watch
The on-chain analytics firm Santiment suggests that this indicator may be the one to watch to get hints about when Bitcoin might rebound. Large Stablecoin Holders Have Seen Stagnant Supply Recently According to Santiment, the movements of the…
Countdown To FOMC: What Bitcoin And Crypto Traders Must Brace For
As the eagerly anticipated Federal Open Market Committee (FOMC) meeting approaches, the financial world is abuzz with speculation about the potential implications for Bitcoin and crypto. Tomorrow, on Wednesday, July 26th, at 2 pm EST, the FOMC will…
Cardano TVL – A Crucial Factor For ADA Price Revival?
Cardano has leaped considerably in the realm of DeFi activities, particularly in terms of Total Value Locked (TVL), despite the somewhat lackluster performance of ADA itself. TVL refers to the total value of assets locked within various…
Bitcoin Retreat Below $30,000: A Threat To Crypto’s 2023 Dominance Over Stocks?
As the year 2023 continues to unfold, Bitcoin’s retreat below the pivotal $30,000 mark raises questions about the overall strength and stability of the cryptocurrency market. Once, the crypto market held a significant lead over traditional…
Bitcoin Witnesses Historic Whale Exodus: What You Need To Know
Bitcoin whales are witnessing a historic exodus. @CryptoVizArt, a senior researcher at Glassnode has shed light on the significant shifts within the whale cohort in a new analysis. Bitcoin Whales’ Impact: Unveiling The Numbers In a remarkable…
XDC Continues To Shoot Up With 74% Gain – What’s Powering This Token?
As XDC, the digital token for XinFin Network, exhibits a powerful display of bullish momentum, the cryptocurrency market is humming enthusiastically. XDC has increased by an incredible 74% in just one week, impressing traders and investors with its…
Dogecoin Price (DOGE) Jumps 10% – Here’s Why The Bulls Could Aim $0.085
Dogecoin is gaining bullish momentum above the $0.075 resistance against the US Dollar. DOGE could extend its rally toward the $0.085 resistance zone. DOGE is currently trading in a bullish zone above $0.072 resistance against the US dollar. The…
Ethereum Price Struggles Below $1,900 – Can Bulls Save the Day?
Ethereum price is showing bearish signs below the $1,900 resistance against the US Dollar. ETH could extend its decline toward the $1,780 support. Ethereum is showing bearish signs below the $1,900 level. The price is trading below $1,880 and the…
Bitcoin Price Hits Next Bearish Target But Bears Are Not Done Yet
Bitcoin price extended its decline and traded below $29,000. BTC is still at risk of more downsides toward the $28,200 support zone in the near term. Bitcoin is gaining bearish momentum below the $29,200 level. The price is trading below $29,500…
Bitcoin Exodus: Exchange Balances Plummet To Lowest Levels Since 2018
Bitcoin (BTC) continues to dominate the cryptocurrency market, as exchange balances have dropped to levels last seen in early 2018. This signals a growing trend of investors moving their Bitcoin holdings to cold storage, which is considered to be…
Fidelity Backs Ethereum: Wall Street’s Biggest Players Bet On Crypto’s Number 2
Fidelity, a leading financial services provider, has recently released a report on Ethereum (ETH) that sheds light on some key metrics to watch for the cryptocurrency in the coming months. The report highlights several important indicators…
Over $41 Million in Bitcoin Long Positions Liquidated as BTC Crashes Toward $29K
On July 24, 2023, Coinglass data revealed that over $41 million worth of Bitcoin long and short leveraged positions were liquidated as the BTC prices unexpectedly crashed below a consolidation level of around $29,500, shrinking by over 4%. The drop…
This Technical Signal Says Bitcoin Dominance Has Potentially Peaked
Altcoin sentiment is at extreme lows, but that’s not the only thing reaching extremes. Bitcoin dominance, a measure of the top cryptocurrency by market cap’s weight compared to the rest of the space, also reached the most extreme reading ever on a…
Bitcoin Critical Support Level: Can It Hold $29,250 Before Monthly Candle Close?
Bitcoin (BTC), the world’s largest cryptocurrency, has experienced a sharp decline recently, mirroring the broader decline in the cryptocurrency market. This has led to concerns among Bitcoin bulls, who closely monitor the…
Aave May Rally 20% Supported by Historical Levels, But Crucial Resistance Remains
Aave’s price surged to $88 just two weeks ago, but currently, the altcoin is experiencing a correction. Over the past 24 hours, Aave has dropped over 4%, and on the weekly chart, it has depreciated more than 7%. The technical outlook for Aave…
Bitcoin Plunge To $29,200 Sends 5.9% Of Supply Into Loss
On-chain data shows an additional 5.9% of the total Bitcoin supply has entered into losses as the cryptocurrency’s price has plummeted to $29,200 today. Bitcoin Supply In Profit Has Declined To 70.4% After Today’s Price Plunge According…
Russian Introduces A Third Form Of Currency As Putin Signs Digital Ruble Into Law
Russia is progressing with its central bank digital currency (CBDC). President Vladimir Putin has endorsed the digital ruble bill, signing it into law on July 24. As a result of this approval, the digital ruble law is officially set to take effect…
Elon Musk Incorporates Dogecoin Symbol In Twitter Bio, Triggering 5% Increase In Price
Elon Musk is, once again, showing his support for Dogecoin in a subtle but meaningful way. Twitter, one of the biggest social media companies now under the leadership of Musk, recently changed its logo from the infamous ‘blue bird’ to a seemingly…
Binance Announces Listing Of Sam Altman’s Worldcoin, Opens Deposits
Binance, the world’s largest cryptocurrency exchange, has now listed Worldcoin (WLD), the much-anticipated digital asset founded by Sam Altman, the CEO of OpenAI. This listing has garnered immense attention from the global crypto community…
Ethereum Whale Transfers To Exchanges Suggest More Selling Pressure For ETH
Currently, the crypto market is under fire from bears, and coins like Ethereum (ETH) are already starting to feel the heat. Amid the struggle to recover, there have been massive inflows of ETH into centralized exchanges, which could spell further…
Bittrex To US Users: Withdraw Your Crypto Or Risk Running Into Issues
Bittrex Inc., the US arm of the crypto exchange Bittrex Global, has sent a reminder email to its users on the need to withdraw their funds “as soon as possible.” Although the deadline for withdrawal of funds remains August 31, the crypto exchange…
Following a correction in the crypto market, several coins, including the flagship cryptocurrency Bitcoin, have surrendered their weekly-accumulated gains. However, amid the massive depression, Chainlink (LINK) held more than 14% in the weekly…
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