After the crisis experienced by the traditional finance system due to the pandemic, cryptos were widely adopted and attracted many authorities. Since then, the space has been closely monitored in an attempt to bring it under control. While the crypto companies were under the radar, it appears that stablecoins may soon join the fray. As...Read More
While the Bitcoin price soared beyond $26,000, the XRP price attempted to rise beyond $0.4 but failed. The rejection not only led the price to drop more than 8% but also rolled out a descending trend that may drag the price close to the lower support. Presently, the XRP price is struggling to stay above...Read More
For the first time since June last year, Bitcoin price traded above $26k on Tuesday. While the spike was short-lived, over $311 million was liquidated from the cryptocurrency market, thus insinuating a bear trap. Nonetheless, Bitcoin price is up over 11 percent in the past seven days to trade at around $24.8k during the Asian...Read More
The fresh CPI rates are out! The new rates have emerged as expected at 6% which kicked off the BTC price rally beyond $26,000. The bulls appear to be exhausted a bit as the prices are consolidating just below the yearly highs. But will the price continue to swing high or it is just a...Read More
The world of cryptocurrency is known for its volatility, with prices rising and falling on a regular basis. However, the recent collapse of the USDC stablecoin has caused investors to fear that the entire market could be on the verge of a catastrophic crash. Though several analysts assure a rebound for the crypto market soon,...Read More
The bitcoin price, after consolidating within a very narrow range for a few days, plunged below the crucial support level of $22,000. The bearish volume has accumulated heavily, which may keep the rally within the consolidation range for an extended period. Hence, the price is believed to test the lower support below $21,500 in the...Read More
Bitcoin displayed an unexpected move in the past few days by squashing the possibilities of reaching $30,000, enrouting through $25,000 initially and later at $28,000. However, the recent price plunge changed the entire scenario, as now the price is expected to revisit the support below $20,000 again. The price of Bitcoin dropped from the ascending...Read More
With hotter-than-anticipated economic data released in February, uncertainty over inflation has increased, and the U.S. stock market is now at a crucial crossroads. Despite growing concerns among investors, the economy displays signs of resilience that may help safeguard Bitcoin against a significant downward shift. Although Bitcoin investors are advised to remain cautious until the release...Read More
Bitcoin price dropped below $22,500 from $23,400 in minutes following the Silvergate fiasco. Major exchanges stopped dealing with the crypto-friendly bank that created huge FUD within the space. As a result, massive liquidations were recorded in the early trading hours. While the market participants have become extremely bearish on Bitcoin, some chances of a rebound...Read More
Ethereum has been displaying extreme volatility for the past week, creating a bearish divergence after losing bulls’ support. Moreover, the ongoing SEC’s battle against the crypto space is being touted as a potential failure of the market in terms of regulation. Hence, the altcoin market continues to hover in an uncertain situation following Bitcoin’s volatile...Read More
The crypto markets are currently attempting to rise above their crucial resistance while the bears are trying hard to restrict them below the same levels. Bitcoin price is slowly yet steadily rising high along the trend line that it followed since the beginning of the year. Although the current trade setup is bearish, the BTC...Read More
After witnessing significant losses in the last week, Bitcoin price is now back on a recovery track as it gains support from bulls to hold strong against its support level. Bitcoin’s price is set to end February with an increase of over 40% since the beginning of the year, building the most optimistic scenario to...Read More
During the Covid-19 global pandemic, Bitcoin skyrocketed to its ATH of around $69k. Global markets were closed to minimize the spread of the contagious pandemic. In a bid to bolster struggling economies, most governments ended up printing more money, as observed in the United States, which offered several fiscal stimuli in trillions of dollars. As...Read More
Cardano network made itself at the top of the league with continuous developments last week. However, despite gaining much traction with its Valentine’s upgrade, ADA price is now struggling even to hold its support level. Moreover, the latest downward move by Cardano has left investors worried as a bearish trap has formed, leaving ADA price...Read More
As Ripple Labs is not slowing down in bringing new announcements to the network, including XRP Ledger and confidence of a victory against the SEC in the final judgment, it creates hope of a new era for the XRP token ahead. However, the XRP price is not giving any results as it focuses on extending...Read More
Positive market sentiment can be seen in 2023 as Bitcoin’s price has increased from $16,500 to $24,500 since the beginning of the year. The present market has prompted one prominent cryptocurrency trader and analyst to share his bullish outlook on Bitcoin (BTC) as the flagship cryptocurrency attempts to break above its resistance level of $25,000....Read More
The XRP market continues consolidating in a wedge formation with a horizontal base since hitting 2022’s rock bottom in June. With the bulls unable to convert the multi-week resistance trendline to a support level, a possible price correction is looming in the coming weeks. Moreover, the SEC seems to be gaining ground over crypto regulations...Read More
Crypto markets are consolidating following the Fed meeting, during which a 25 basis point increase was implemented to reduce inflation rates. The decision to raise interest rates from 4.5% to 4.75% was taken during the Federal Open Market Committee (FOMC), which was announced in a press conference by Fed Chair Jerome Powell. However, the US...Read More
The prolonged legal battle between the SEC and Ripple Labs seems to end soon with a victory for Ripple. As the final judgment is set to be in March, it creates fresh excitement in the XRP community to accumulate more tokens ahead of a massive pump. XRP Investors Remain In The Light Of Bullish Hope ...Read More
Cardano has become the favorite network for investors as it is making headlines in the crypto market with its robust announcements. Moreover, its unique approach to fulfilling its development goals has garnered a lot of attention in recent months. With the launch of the much-anticipated stablecoin DJED, Cardano is looking to challenge the dominance of...Read More
In light of Bitcoin’s enormous increase over the previous twenty-four hours, market analysts are making bold forecasts about the king coin’s value by the end of the month and 2023 in general. The on-chain signs are now exceedingly bullish, and Bitcoin (BTC) even broke over the lauded $25,000 level yesterday. The signs on BTC’s chart...Read More
Though the start of the new year took off on a bullish note for the crypto market, the landscape has gradually changed now as several macro conditions have brought bearish sentiment among large-cap investors. Moreover, the last 24 hours have brought solid pain to traders as several cryptocurrencies, including Cardano, Bitcoin, and Ethereum, have almost...Read More
After a series of sideways trading sessions, BTC price has finally made a thrilling move downward, bringing hope of a big price action ahead. Several analysts see this trend as a prime opportunity for Bitcoin investors to buy the dip and reap the rewards. However, not everyone is optimistic about the recent price drop, as...Read More
Ethereum price underwent a significant upswing during the first fortnight of 2023, gathering nearly 14 bullish candles including a couple of bearish candles too. Despite the pullback, the price respected the lower support at $1507 and rebounded fairly after each contact. However, the price is predicted to rise finely in the future ahead, but the...Read More
After making astounding remarks about Ethereum bulls two days ago, former Ark Invest analyst Chris Burniske thinks a capitulation could occur before rebounding to ATH. By referring to a bullish thesis to Valhalla, Burniske has now noted that Ethereum must ‘first die to make it’ to the promised land. Notably, Ethereum (ETH) price has dropped...Read More
Altcoins are yet again displaying enough momentum, much required to stand strong during the times when Bitcoin prices are trembling down. While most of the assets experienced a notable pullback in the last few days, some of them maintained their strength and continued to consolidate within narrow regions. The altcoins like Aptos, Litecoin, and Shiba...Read More
Bitcoin price underwent a significant upswing in recent times, marking highs beyond $24,000. While the possibility of rising above $25,000 emerged, the bears quickly slashed the rally which appears to be stuck below $23,000 at the moment. While the BTC price is in a deep consolidation phase, the popular altcoins display immense strength, being self-assured...Read More
The crypto market has been on a roll lately as major cryptocurrencies like Bitcoin have witnessed significant price swings in the last few days. The Bitcoin price trend has been stuck in a choppy range as it swings sideways with 1% volatility, creating a blurred vision for long-term holders. The primary reason behind this intense...Read More
The 25-bps interest rate hike with a solid report on job growth in the US economy has delivered a shockwave to the crypto market. While leading assets like Bitcoin and Ethereum prices are hovering near an uncertain price point, the altcoin market is performing relatively well and fulfilling investors’ bullish expectations. Moreover, the developing teams...Read More
A three-year low was reached in the market when FTX crashed, wiping away billions in client deposits. As a result of the FTX fiasco, Bitcoin fell to $15,500 and appeared to be headed considerably lower. Bitcoin has since recovered and posted considerable returns and is now hovering near the $23k mark. However, the market appears...Read More
