As the Bitcoin market continues to display massive volatility near the $27K level, investors are awaiting a bullish surprise to ride on a short-term uptrend. The U.S. unemployment rate recently broke the expected 3.5%, creating a favorable position for Bitcoin’s upward trajectory. Additionally, the recent rise in the debt ceiling is building a bullish positive...Read More
As the ongoing bear market is already shaking the investor’s faith, a prominent trader has emerged with a bullish outlook on Ethereum (ETH) compared to Bitcoin (BTC). This trader, known as Bluntz, is gaining attention for suggesting that the Ethereum/Bitcoin (ETH/BTC) pair is on the verge of a breakout. Ethereum Primed for a Breakout With...Read More
The crypto market is currently witnessing a rollercoaster ride, and Bitcoin is leading the pack. Following an accord to elevate the U.S. debt ceiling, Bitcoin (BTC) ascended beyond the $28,000 mark. However, despite this rise, the cryptocurrency seems poised for its initial monthly decline since December. Currently, analysts and traders are expecting selling pressure in...Read More
Despite several macro challenges, Ethereum (ETH) has been displaying continuous upward momentum and a potential of reaching the $2K mark. However, recent market trends have seen Ethereum face a strong rejection above the $1.9K mark, causing ripples among long-term holders and traders. The rejection at $1.9K was not entirely unexpected. The crypto market has been...Read More
Bitcoin began the fresh weekly trade on a huge bullish note by marking an intraday high of around $28,447. Alongside, a huge CME gap of more than $1000 was also recorded with the start of the day’s trade, which is carrying a fear of a shot term pullback in the near future. Now that the...Read More
In a recent interview on the David Lin Report, esteemed crypto analyst Jason Pizzino shared his insights on Bitcoin’s future trajectory, predicting a significant surge for the leading cryptocurrency. Pizzino believes that Bitcoin’s price could skyrocket by more than 75% once it successfully surpasses a crucial resistance zone. Analyst’s Bullish Prediction Currently, Bitcoin faces a...Read More
Bitcoin’s price movement, often considered a weather vane for the broader cryptocurrency market, has been in a whirlwind of late. Its ongoing turbulence near key levels has sent shockwaves across the crypto ecosystem, creating a domino effect that’s impacting other digital currencies, including Cardano’s ADA. As concerns regarding interest rate hikes and US debt ceiling...Read More
The previous decade saw a trend where buying the dip and riding the typical corrections in Bitcoin proved to be profitable. However, it is unlikely that this strategy will continue to yield positive results in the future. According to analyst Nicholas Merten, there is a growing concern about the potential dangers in the upcoming years...Read More
As the specter of the US debt ceiling looms larger than ever, market uncertainties continue to grow, leading to cautious behavior among traders and investors worldwide. Amid the economic turmoil, several crypto assets are now trading on the verge of a crucial price level and altcoin traders are questioning the next possible move. Litecoin’s present...Read More
Global financial markets are anxious about potential fallout from a US debt default. Meanwhile, Bitcoin, the leading cryptocurrency, remains steady, maintaining momentum around $27K, creating ambiguity about its next steps amid economic turmoil. As talks remain at a standstill over raising the US government’s $31.4 trillion debt ceiling, stirring financial market jitters, some analysts are...Read More
In a revelation that surprised many in the crypto community, prominent cryptocurrency attorney and fervent XRP advocate, John Deaton, took to social media to discuss his personal digital assets portfolio. In a quote tweet of his picture at the XRP Las Vegas 2023 event, Deaton candidly disclosed the heavyweight of his digital assets investments –...Read More
Recently, Bitcoin, the leading digital asset, displayed intense volatility near the $27,000 mark. The catalyst behind this wild swing was none other than the Federal Reserve’s chairman, Jerome Powell, who hinted at an imminent end to rate hikes. This unexpected development sent shockwaves through the crypto markets, igniting a frenzy among investors. US Fed’s Jeromy...Read More
The crypto space has been experiencing a roller coaster ride since the beginning of the month. The major crypto assets have remained stuck within very narrow regions, and the new tokens have displayed acute strength. Meanwhile, the DOGE price is closely accumulating within a restricted region, but the upcoming price action appears to be misty. ...Read More
Litecoin (LTC), often called the “silver” to Bitcoin’s “gold” in the crypto world, is getting ready for an interesting period ahead. A well-known crypto trader named Pentoshi recently made an intriguing prediction about the future of this digital currency. Pentoshi sets the target of $138 for Litecoin Pentoshi believes that something similar to past events...Read More
The cryptocurrency market, once a fiery furnace of bull runs and record-breaking surges, has now become an icy landscape echoing with the chilling sounds of a bearish trend. Even Bitcoin, the trailblazer of digital currencies, is struggling to surge from its bearish channel, signaling a broader downturn in the market. Amidst this somber backdrop, Cardano...Read More
The ongoing lawsuit against Ripple Labs has left many wondering about the future of XRP, the cryptocurrency associated with the company. Despite the legal challenges, finance experts have begun to speculate on XRP’s potential price by the end of 2023, taking into account its unique features and partnerships. Experts Predict XRP’s Price by December Investment...Read More
The long-term forecast has always been done by comparing the previous rallies, which appear too similar to trigger a healthy breakout. Besides, in the short term, Bitcoin and the entire crypto space have remained stuck under bearish influence. Moreover, ever since the launch of the third largest meme coin, PEPE, most of the liquidity within...Read More
In recent months, the crypto market has been both entertained and bewildered by the unexpected rally of memecoins. From the already-established Dogecoin and Shiba Inu to newcomers PEPE, these digital assets have attracted massive interest and speculative investments due to their strong community support and social dominance. However, recent market developments have thrown a wet...Read More
Bitcoin price has recently been the talk of the town as the asset experienced a severe plunge today following Binance’s FUD. The leading digital currency is currently witnessing a downturn in sentiment following an unprecedented surge in transaction fees and a nearly 98% full mempool. However, enthusiasts and investors are eyeing a potential rebound soon,...Read More
The crypto space yet again landed in deep trouble as the star crypto witnessed a massive plunge in the early trading hours. The price marked the intraday low at around $28,004 and slightly rose above these levels. While the plunge appears to have been triggered by a huge whale transfer which kept the Bitcoin network...Read More
In the dynamic crypto market, memecoins have swiftly seized the spotlight with their rapid ascent. The current memecoin frenzy, led by the frog-themed PEPE, reveals strong potential for these tokens to stage a remarkable comeback next week. Amid Bitcoin’s volatility, meme-based currencies like PEPE, SHIB, and DOGE have consistently surpassed expectations and demonstrated resilience against...Read More
The crypto market has seen a series of ups and downs in recent times. While the Federal Reserve’s recent interest rate hike has had a minor influence on altcoins, unlike Bitcoin, Cardano’s native currency, ADA, appears to be defying the odds. Despite the current market downtrend, there are several factors pointing towards a bullish outlook...Read More
The Bitcoin price is undergoing a pretty rigid phase as it is failing to inculcate the required momentum to hit $30,000. The bears are successfully restricting the price at the interim threshold as the bulls continue to remain resilient. While the volume has soared to some extent, the price is believed to remain volatile as...Read More
Bitcoin, the leading cryptocurrency by market capitalization, concluded the week with a resilient performance, overcoming bearish forces and a series of unfavorable regulatory developments. Though BTC began the week with a promising outlook but encountered significant turbulence on Wednesday, eventually finding stability as news of First Republic Bank’s share collapse ignited concerns about a potential...Read More
Bitcoin price secured a bullish outlook after Thursday’s daily candlestick closed above $29.3k. Although the daily Relative Strength Index (RSI) shows a falling divergence, all focus is on Bitcoin’s performance in the next few days. Whereby the most bullish question is whether the asset can secure a breakout above $31k. Notably, Bitcoin investors are waiting...Read More
Marcus Thielen, the chief researcher at Matrixport, has expressed confidence in Bitcoin’s potential to reach $45,000 by year-end. This prediction has caused a stir in the cryptocurrency market, with investors eagerly watching to see if Bitcoin can reach this milestone. Chinese blogger and cryptocurrency journalist Colin Wu shared the news, stating that Thielen considers this...Read More
With only a few hours remaining before the final outcome of Ripple’s (XRP) legal battle with the U.S. Securities and Exchange Commission (SEC), the crypto community is buzzing with excitement about how the XRP token will perform in the aftermath. However, the community weighs in on a massive skyrocketing price trend for XRP as Ripple...Read More
Doge and its meme-inspired counterparts have welcomed a new member to their ranks – a frog, specifically Matt Furie’s Pepe the Frog. The coin, Pepe (PEPE), is a recent arrival, making its debut on April 18, 2023. Moreover, the excitement around Arbitrum’s ARB token hasn’t faded, as the token recently attracted a resurgence of investor...Read More
The Bitcoin market has faced a tumultuous ride, with the digital currency struggling to find stable ground amidst swirling financial currents. Recent news of potential interest rate hikes caused a sharp selloff that sent Bitcoin plummeting below $30K, erasing its monthly gains. With BTC’s price falling by over 8% in just a few days, sellers...Read More
XRP price analysis After rallying more than 48 percent last month, Ripple-backed XRP price consolidated during the first two weeks of April and is now trapped in a bearish outlook. The price correction has sent XRP price trading below the 200 weekly moving average (MA) for the first time since scaling towards $0.58. According to...Read More
