Bitcoin Price Rejects $31K and Turns At Risk of Drop To $30K
Bitcoin price failed to settle above $31,000 and corrected lower. BTC could continue to move down toward the $30,000 support zone. Bitcoin is correcting gains from the $31,000 and $31,250 resistance levels. The price is trading below $30,800 and…
Blame The “Supermoon” If Bitcoin Crashes Or Rallies Towards $35,000 In July
If historical Bitcoin price performance leads, one trader is adamant that the coin is at a critical inflection point at spot rates. Based on astronomical patterns and moon arrangement, trading desk QCP Capital believes Bitcoin prices can swing…
Shibarium Reaches New Milestones As Anticipation Builds For Mainnet Launch
The Shiba Inu community continues to mark new milestones with its testnet, Shibarium, as a steady surge of users links their crypto wallets to the network. Shibarium’s testnet, also known as Puppynet, launched on March 11 and has seen an…
Bitcoin Options Open Interest At Near 2021 Peaks, Will BTC Break Above $31,300?
The total Bitcoin Options open interest, the number of open call and put orders, recently rose to $14.87 billion on June 30 before falling to $10.74 billion on July 4, on-chain data on July 5 shows. Related Reading: Valkyrie Follows In BlackRock’s…
Rapid Rise In Cardano’s TVL Points Toward Bullish Sentiment Around ADA
Cardano is one of the most prominent proof of stake (POS) blockchains that requires users to stake their native tokens, ADA, to confirm and secure transactions on the network. Over time, the network has held the record for the largest percentage of…
Ethereum Starknet Launches Testnet For ‘Quantum Leap’ Upgrade
StarkWare, an Israeli-based company working to scale Ethereum (ETH), has released the testnet for its latest layer-2 solution, Starknet v12.0. The new version focuses on improving performance and user experience, with a significant 10x increase in…
Crypto Market Trade Volume Hits Lowest Point Since 2020 Amid Market Turbulence
In recent months, the crypto markets have witnessed significant turbulence leading to the lowest quarterly trade volume since 2020. Amid varying economic factors, a bearish perception of investors toward cryptocurrencies and the broader economic…
Valkyrie Follows In BlackRock’s Footsteps, Refiles For Spot Bitcoin ETF
The dream of a spot Bitcoin exchange-traded fund (ETF) in the US is still yet to become a reality as various investment firms continue to seek approval from the Securities and Exchange Commission (SEC) despite multiple rejections. In a recent turn…
Dogecoin Up 5%, But Social Media Talk Remains Low: Santiment
Dogecoin is up 5% during the past week, but data from Santiment reveals that social media talk around the asset still continues to be low. Interest In Dogecoin Remains Low Despite Surge In Price According to data from the on-chain analytics firm…
Solana (SOL) Notches 16% Gains On Weekly Chart, Will It Cross $20?
Solana (SOL) has recorded progressive gains in the past week, with its 7-day high at 15.95%. It is currently trading at $18.73 today with slight gains on its price. Although SOL is still 92.61% below its all-time high value of $260, its recent…
XRP, one of the prominent cryptocurrencies in the market, has witnessed a remarkable surge in its daily burn rate, sparking speculation about its potential to go on a bull rally. Crypto analyst and influencer 24HRSCRYPTO is one of those who have…
AAVE Records 26% Weekly Gain, Looks To Break Key Resistance
AAVE, one of the most prominent DeFi tokens, has made a bright start to July. The coin is experiencing a price rally, jumping by more than 26% in the past week. Overall, the AAVE market seems to be enjoying much attention as shown by recent high…
Zilliqa (ZIL) Notches 10% In Anticipation Of Network Upgrade
The ZIL token has seen a jump in its price over the last day in anticipation of the latest Zilliqa network upgrade. According to data by CoinMarketCap, ZIL has now gained 10.13% in the last 24 hours, emerging as the top gainer of the day. Zilliqa…
Mercuryo’s Big Time Summit in Cyprus: Revolutionizing the FinTech Industry
The global payments infrastructure platform Mercuryo has announced the launch of Big Time Summit – a FinTech event to be held for the first time in Limassol, Cyprus, on July 7, 2023. The event will be held with the support of Invest Cyprus…
Bitcoin Humpback Wallets Reach ATH, Is BlackRock Behind The Surge?
A recent development has caught the attention of on-chain analysts and Bitcoin enthusiasts alike. On-chain expert Axel Adler Jr, citing data from CryptoQuant, has revealed that wallets belonging to the ‘Humpback’ cohort, have reached a…
Lido (LDO) Sustains Weekly Run With 16% Gain – What Fuels It?
Lido (LDO), a prominent player in the decentralized finance (DeFi) space, has emerged as a frontrunner in the rapidly expanding Liquidity Staking Derivatives (LSD) sector. Amidst the turbulence caused by the highly controversial lawsuit filed by…
Aptos (APT) Gains By 10% Ahead Of July Token Release
APT, the native token of the Aptos Network, is currently making market waves as it prepares for its upcoming token release in July. According to data by CoinMarketCap, APT has gained by 10.14% in the last 24 hours, emerging as part of the top…
Stablecoins Volume Down Despite Crypto Market Recovery, Ratings Agency Finds
Stablecoins, the digital assets designed to maintain a stable value, have long been viewed as a potential bridge between the cryptocurrency world and the traditional financial industry. However, recent developments have cast a shadow of uncertainty…
What’s Next For Bitcoin Price? Bulls Aren’t Running Out Of Steam Yet
After Bitcoin reached a new yearly high at $31,413, the buy side has so far failed to initiate a trend-following move north. Although the bulls fended off a sell-off last Friday in the wake of the SEC’s perceived concerns over a Bitcoin spot…
Dwindling Optimism (OP) Value May Be A Result Of This Factor
Optimism (OP), a prominent Layer 2 network, is experiencing a noticeable decline in network activity as the hype surrounding meme coins takes a dip. Once bustling with vibrant transactions and a fervent community, Optimism now faces a subdued…
XRP Price Could Regain Strength Above This Key Resistance
Ripple’s token price is moving higher from $0.4560 against the US Dollar. XRP price might gain bullish momentum if it clears the $0.4960 resistance zone. Ripple’s token price is moving higher toward the $0.4960 resistance against the US dollar. The…
Ethereum Price Lacks Momentum Above $1,950 But Dips Could Be Limited
Ethereum price failed to test $2,000 and corrected lower against the US Dollar. ETH is testing the $1,930 support and might start a fresh increase. Ethereum is correcting gains from the $1,975 zone. The price is trading above $1,930 and the…
Bitcoin Price Could See Fresh “Liftoff” if It’s Able to Hold One Key Level
Bitcoin price corrected gains and retested the $30,650 support. BTC could start a fresh increase if it stays above the $30,000 support zone. Bitcoin is holding gains above the $30,650 support zone. The price is trading above $30,700 and the 100…
Bitcoin Ordinals: This New BRC Standard Could Reduce Inscription Fees By 90%
Luminex, a Bitcoin Ordinals launchpad, has proposed a new standard called BRC-69, which will allegedly optimize the costs of inscribing on this network. This proposal comes barely a month after Bitcoin Ordinals’ developers introduced recursive…
Trader Bets Against Ethereum, Losses A Big Chunk Of The $2 Million Margin On GMX
A trader’s big bet against Ethereum caused him to lose a big chunk of his $2 million margin. Considering the firm and steady increment of ETH prices over the last few weeks, more could be at stake. In a series of screenshots shared on July 3 on…
SSV Network Unveils Plan For Decentralized ETH Staking Infrastructure
The ssv.network has finally announced the launch of its mainnet, bringing a decentralized Ethereum (ETH) staking infrastructure to the Ethereum network. The launch follows more than two years of testing and refining, and the network is poised to…
Shiba Inu Records Accelerated Burn Rate, But Price Fails To Respond
Shiba Inu is one of the meme coins that has managed to maintain its popularity in the crypto market as its community remains committed to reducing the circulating supply of the asset. To this end, there has been a significant increase in the SHIB…
Litecoin Primed For 13% Rally Soon Upon Breaking Past This Level
Litecoin has demonstrated a consistently positive trend in recent weeks, reflecting a strong market sentiment. As the broader market has gained strength in recent trading sessions, Litecoin has managed to sustain its gains. The price of Bitcoin has…
Bitcoin Bulls Stampede: Bitfinex Report Points To Early Signs Of Bull Market
Bitfinex, one of the world’s leading cryptocurrency exchanges, has released a report indicating that Bitcoin (BTC) has been sold in profit since its initial break above $30,000, suggesting early signs of a bull market. The report highlights…
Ethereum Whale Transactions Jump Over 50% As ETH Eyes $2,000
Ethereum whales have been ramping up their activities on the blockchain as it eyes an important level. This time around, their recent spike in activity has been in the form of transactions. These whale transactions which are carrying at least…
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