The XRP market continues to consolidate in somewhat a bullish engulfing pattern despite other veteran altcoins – including Litecoin (LTC), and Bitcoin Cash (BCH) – registering significant gains in the past few weeks. Undoubtedly, the ongoing SEC vs Ripple lawsuit has significantly suppressed the XRP market, with liquidity in the United States at critical levels...Read More
Bitcoin continues to reign supreme as it recently surpassed the significant $31,000 mark, sparking a wave of bullish sentiment among investors and analysts. Bitcoin’s value surged beyond $31,000 on Monday following a tumultuous week of trading. This was influenced by news regarding applications for spot ETF funds and conjecture about their potential approval by the...Read More
As we enter July, the crypto market eagerly awaits the upcoming move. Bitcoin, the flagship cryptocurrency, has been flirting with the $30.5K mark, a level that has both investors and analysts on their toes. SEC’s recent decline on spot BTC ETF applications has put intense selling pressure, bringing warning signs of an immediate move among...Read More
The bitcoin price remains within the same range after the bears drove the price back close to $30,500 level. The market sentiments for the star crypto have not been bearish, even though the SEC stated that the ETF filings are inadequate. However, the price is constantly failing to rise and reclaim levels above $30,800. Hence...Read More
Blackrock’s application to the SEC for a Bitcoin ETF has caused Bitcoin’s volatility to return. After months of low trading, the recent rally pushed Bitcoin above $30,000. While Ethereum is still experiencing rejection from a significant resistance level, Bitcoin is forming a new pattern that could potentially lead to a breakout. According to a new...Read More
In the midst of market volatility, Bitcoin shows a solid stability by holding the $30K threshold. This trend is mainly boosted by Fidelity’s strategic move to file for a Bitcoin ETF, which could potentially catalyze a bullish trend. Furthermore, predictions from a Bloomberg analyst suggest that BlackRock, the world’s largest asset manager, may soon receive...Read More
Soon after the beginning of the American trade, the crypto space geared up and rose. With the Bitcoin price rising above the narrow consolidation and heading towards the crucial resistance of $30,800, the market cap is also heading to seal levels above $2 trillion. The market cap of the crypto space, which has been crawling...Read More
As the Bitcoin price continued to soar beyond the major resistance of around $28,800, the altcoins remained largely inactive, recording minor swings. Further, these altcoins began displaying big moves ever since the star crypto remained stuck at $30,000. Currently, Bitcoin’s sluggish behaviour is expected to persist for as long as the altcoins are closer to...Read More
During a week characterized by a plethora of enticing news, the cryptocurrency market experienced significant volatility, with Bitcoin’s price persistently oscillating around the $30K mark. The recent rally in Bitcoin has resulted in reestablishing its 50% market dominance. Consequently, investors have shifted their attention to other digital assets that may potentially participate in this rally....Read More
Ever since the speculation around Ripple vs the SEC’s final ruling has made headlines, the XRP price has displayed immense strength. The token appears to be poised to maintain a firm upswing regardless of the challenges being imposed on the crypto markets. Recently, when the SEC charged Binance and Coinbase, the markets experienced a significant...Read More
Renowned analyst Bluntz, known for his accurate predictions, recently shared some intriguing insights with his 223,000 Twitter followers regarding the potential growth of Solana (SOL), a prominent rival to Ethereum. Bluntz suggests that SOL could experience a significant surge, potentially doubling in value. Additionally, the analyst identifies a bullish signal for Bitcoin. According to Bluntz’s...Read More
The Bitcoin Spot Exchange-Traded Fund (ETF) has been a significant catalyst in the recent bullish rally that saw Bitcoin’s price touch near the $31,000 mark. However, the recent turmoil near $30K in Bitcoin’s price has raised questions about the sustainability of its uptrend. The pump led by the Spot ETF applications, which had previously fueled...Read More
The Bitcoin (BTC) market continued with the bear market relief rally in the last few days after a blast off towards $30k. The impressive rally has been described as whale-induced as institutional investors move quickly to absorb as many coins as possible before next year’s Bitcoin halving. From a technical standpoint, Bitcoin price on the...Read More
Just a few days ago, Bitcoin was consolidating heavily below $27,000 and failing to rise above these crucial levels. While the targets set for the flagship crypto were initially at $26,600, then $27,600, and finally $28,800, which acted as major resistance for a while. However, as the huge players entered the crypto space, the investors...Read More
The latest Bitcoin upswing has induced massive confidence among investors as well as bullish momentum among other tokens. The trend is expected to continue for some more time, assisting the price to mark beyond the interim resistance at $28,000 and further at $30,000. Further, the trend of the price rising above the 2023 highs and...Read More
Ethereum has navigated a turbulent path in recent weeks, with its price exhibiting considerable volatility. ETH has seen its value both skyrocket to unprecedented levels and plummet in reaction to market dynamics and investor mood. With Bitcoin currently stealing the spotlight by surpassing the $27K mark, it’s prompting ETH holders to seize the opportunity to...Read More
Amid the altcoin crash, the price of Cardano (ADA) has been a hot topic of discussion among investors and traders. The digital asset has seen some significant volatility, and market participants are eagerly watching for signs of a recovery rally. The recent market trends have seen Cardano’s price experiencing a downward trajectory. However, before any...Read More
In the fast-paced world of cryptocurrencies, a remarkable opportunity is emerging for Altcoins. Bitcoin, the undisputed leader of the crypto market, is showing signs of a breakthrough. If successful, the breakout could have a domino effect, leading to a substantial recovery for Altcoins and presenting traders and investors with the potential for impressive gains ranging...Read More
The global crypto market cap surges above $1.06 trillion as the assets mark a decent recovery since the last trading day. Bitcoin price made an effort to rise above $26,500 that inducing bullish momentum within the crypto space. However, Chainlink continues to trade under beamish influence despite the technicals having turned in bullish favor. The...Read More
Amid intense volatility in the crypto market, Bitcoin has once again proven its resilience and adaptability. The leading cryptocurrency has broken above the $26,000 mark, entering what many analysts refer to as the ‘acceleration zone’. This surge in price comes amid a wave of bullish energy sparked by BlackRock’s plan to introduce a Bitcoin Exchange-Traded...Read More
The recent altcoin crash has been a significant setback for many cryptocurrencies, and Cardano is no exception. The SEC’s security claims have sparked a wave of uncertainty in the market, leading to a widespread sell-off. This sell-off has been particularly harsh on altcoins, which have seen their prices plummet. Amidst this turmoil, Bitcoin’s dominance continues...Read More
An analyst who accurately predicted the bottom of the 2018 bear market for Bitcoin (BTC) suggests that the ongoing correction for the cryptocurrency is not yet complete. Analyst Bluntz, anticipates a brief rebound for Bitcoin before it continues its downward trend. The trader points to the bearish chart of Bitcoin as an indication that more...Read More
The cryptocurrency market is currently navigating through complex security law issues, causing price volatility for many digital assets. Ethereum (ETH), the second-largest cryptocurrency, is particularly affected. The situation has escalated with the recent revelation from the Hinman documents suggesting that Ether is not considered a security. This, combined with positive Consumer Price Index (CPI) data,...Read More
Bitcoin (BTC) Price Analysis The Bitcoin price witnessed a massive dump of over 3.38% in the past 24 hours, dragging the global market cap by nearly 6%, which is approaching the $1 trillion mark. The BTC price is currently retesting the $25,000 level, and if it fails to hold, then the price may drop towards...Read More
The SEC’s impact appears to have just begun as the tokens faced their first-ever “delisting” from a crypto exchange. The impact was extremely high as the prices of Cardano, Polygon, and Solana plunged heavily, dragging the entire crypto space down. Moreover, the altcoins may continue to be slaughtered and maintain a bearish trend ahead. Besides,...Read More
The Bitcoin price witnessed a massive drop in the past trading day, washing out more than 6.5% of its value, marking the lows at $25,388. Despite the current recovery, the price continues to trade in an acute bearish trend. However, the price appears to have found strong support and may soon trigger a healthy upswing...Read More
Due to recent market conditions, the BTC price has taken a sharp bearish turn, touching the ground at a staggering $25.5K. The trigger for this massive decline was the recent lawsuit faced by Binance, one of the world’s largest cryptocurrency exchanges, against the U.S. Securities and Exchange Commission (SEC). This triggered investors to sell off...Read More
The highly anticipated Bitcoin halving event, scheduled for April 2024, has created a buzz in the crypto community. Many analysts and investors have predicted that leading up to the Bitcoin halving, which occurs approximately every four years, the price of BTC would enter a period of consolidation. Analyst Credible Crypto’s expectations suggest that Bitcoin’s price...Read More
A highly regarded crypto expert has recently highlighted an Ethereum-based altcoin, Injective (INJ), as showing promising indications of a bullish trend when compared to both the US Dollar and Bitcoin. The analyst, known by the pseudonym Kaleo, predicts a strong performance for the decentralized derivatives exchange. Spotlight on Injective In a recent analysis, Kaleo drew...Read More
In a recent analysis by TechnicalRoundup, the current state of Bitcoin (BTC) was discussed. His in-depth review revealed a prolonged market stagnation, with the key resistance and support levels still persisting. A Prolonged Stagnation in Sight? Analyst suggests that the month’s close revealed little to no significant changes in market structure. The market seems to...Read More
