With the US Presidential elections inching closer, public speeches and debates are heating up tensions. As the US masses will get their chance to settle the conflict between Republicans and Democrats shortly, the crypto market is already buzzing. Polymarket, the biggest decentralized prediction platform, provides betting/prediction options over the presidential elections. On Polymarket, Donald Trump …
The recent recovery has brought a ray of hope within the markets as the major tokens have remained within a consolidated range. As Bitcoin price remains stuck around $57,000, altcoins like XRP are leading a massive recovery. With this, the other altcoins, like Stellar (XLM) and Toncoin (TON), are heading towards the crucial resistance. However, …
Analyst Scott Melker and Chris Inks took to their latest analysis and discussed Bitcoin’s recent price action. Chris said that over the weekend, it felt like there was an overreaction rather than something major happening. He explained that if the situation was as critical as people made it out to be, we should have seen …
Recently, the U.S. government launched a substantial $50 billion Treasury buyback program set to run through October. This move, aimed at managing bond supply and boosting liquidity, coincides with growing speculation about a potential emergency Federal Reserve rate cut. Treasury Buyback Program Kicks Off, What it Means for Investors? The US treasury is about to …
Bitcoin’s recovery bounce is losing steam, indicating that the bears remain active at higher levels.
The crypto market continues displaying a mixed sentiment by constantly recording pump-and-dump-like situations over the past few days. Furthermore, top tokens continue trading below their important levels, suggesting uncertainty in future price action. On the other hand, with the altcoin leader, the Ethereum price hovering below its $2.5K mark, top altcoins have recorded a significant …
Bitcoin could see more downward pressure if the top tech stocks in the US continue to shed value.
The crypto market has recently faced significant turbulence, prompting questions about whether this downturn signifies the onset of a prolonged bear market or if it’s merely a mid-cycle correction. The volatile nature of altcoins, with sharp fluctuations both up and down, reflects this uncertainty. Let’s dive into the details to understand this better. Reading Economic …
Ethereum (ETH) price is en route to registering its worst August performance in the past five years. Despite the decent rebound in the past two days, the Ethereum price is about to register a death cross between the 50 and 200-day Moving Averages (MAs). However, the worst-case scenario for Ethereum’s price action has already happened, …
Amid the increasing talks around emergency rate cuts and a recovery in the US and global markets, Bitcoin is back above $57K. As the crypto market leader bounces back, the meme coins are quick to capitalize on the bullish sentiment. Amid the recovery, MEW, POPCAT & BONK are the top performing meme coins with massive …
Amid the recent market crash, some investors sold off their holdings to safeguard their capital while others have grabbed this opportunity. Today, on August 6, 2024, Lookonchain an on-chain analytic firm noticed that six whales have purchased a significant 147,605 Ethereum (ETH) worth $340 million during the market crash. Whales buy $340 million worth of …
After a massive crash across the cryptocurrency landscape, the market is now recovering. Amid this price rebound, the recently launched Neiro Ethereum (NEIRO) meme coin has gained massive attention from crypto enthusiasts as it experiences a substantial price surge. NEIRO Ethereum skyrockets 45% Today on August 6, 2024, the NEIRO has seen a notable price …
In the recent market crash, Bitcoin whales took the opportunity to add notable amounts of Bitcoin (BTC) the world’s biggest cryptocurrency in terms of market capitalization. On August 6, 2024, a prominent analyst made a post on X (previously Twitter) that in the last 48 hours, whales had accumulated over 30,000 BTC worth $1.62 billion. …
The recent bearish move had shaken the entire crypto market, which was painted red throughout the day. Nevertheless, after reaching the lowest levels, the majority of the tokens, including Bitcoin & Ethereum, triggered a rebound, which revived the possibility of a recovery. However, the markets have turned green as most of them have recovered more …
Similar to July, the August trade started on a huge bearish note. In the first week of August, all crypto assets face extreme bearish heat, with the star token, Bitcoin, plunging below $60,000 for a while. This shows that Bitcoin is approaching a “death cross,” a technical pattern where the 50-day moving average (SMA) falls …
The crypto markets have been shaken by the recent collapse but some of them are using this as a strong buying opportunity. As a result, Bitcoin quickly recovered above $55,000, which has initiated a strong ascending trend among some altcoins, including Solana. Solana has been demonstrating acute strength since the beginning and hence, with a …
The cryptocurrency market has started the week on a strong bearish note amid increased speculations of a global recession. This further resulted in the top tokens breaking down their respective support levels. On the other hand, the altcoin leader, Ethereum price recorded a 24-hour low of $2,162.23, highlighting a bear power. Planning on investing during …
The total crypto market cap slipped below $2 trillion for the first time since the bullish breakout in February. Bitcoin’s (BTC) price dropped more than 10 percent in the last 24 hours to trade at about $54,425 on Monday during the early Asian session. The altcoin industry – led by Ethereum (ETH), Solana (SOL), BNB, …
In his X Post, Michaël van de Poppe, a renowned crypto expert and trader, shares his concerns about the current state of the crypto market and outlines what needs to happen to change the momentum. He highlighted a significant capitulation phase, a term used to describe a heavy correction with double-digit losses over a short …
Amidst this bearish market sentiment, traders and investors look at accumulating massive Ethereum (ETH) as it experienced a notable price drop. Today on August 3, 2024, an on-chain analytic firm lookonchain made a post on X that the smart trader with a 100% win rate purchased a notable 2,424 ETH worth $7.22 million. Smart trader …
In an interesting move, the Bitcoin price dropped and formed bottoms close to $60,500 in the early trading hours. This has slashed the other altcoins, including Ethereum, which fell below $3000 and is trying hard to reclaim the levels. While the recovery can be expected to prevail for a long time, it also displays the …
The last time Bitcoin whales moved this many coins from exchanges was when the BTC price was around $220 in 2015.
The valuation assumes continued aggressive Bitcoin buying by MicroStrategy.
Today, on August 3, 2024, Solana (SOL) the world’s fifth-biggest cryptocurrency experienced a significant price drop of over 8% in the last 24 hours. This decline has caused a major breakdown of the crucial support level of $157. Why Solana (SOL) is falling? With this breakdown, SOL turns bearish and now heading towards the $125 …
In this ongoing bearish market sentiment, Ethereum (ETH) the world’s second-biggest cryptocurrency badly impacted as it experienced a notable 7% price drop. With this massive decline, ETH is now moving below the 200 Exponential Moving Average (EMA), indicating that it has entered in a downtrend. ETH below 200 EMA The 200 EMA is a technical …
The sell-off in the global stock markets is casting a bearish shadow on the cryptocurrency markets, signaling near-term weakness.
The sell-off in the global stock markets is casting a bearish shadow on the cryptocurrency markets, signaling near-term weakness.
Bitcoin recently surged past the $65,000 mark, briefly reaching above $65,300 before a slight pullback brought it close to $64,280. This volatility came on the heels of the Federal Reserve’s decision to maintain interest rates, with future cuts potentially on the horizon. Saylor’s Bitcoin Strategy Proves Effective Reacting to the current sentiment, Michael Saylor, co-founder …
The cryptocurrency market continues to stumble as Bitcoin price continues hovering close to its $64,000 mark. Moreover, top altcoins have displayed a similar price trend by losing significant value to their respective portfolios. However, mid-cap altcoins have recorded increased bullish price sentiment, highlighting an increase in the buying-over-selling pressure for these crypto tokens in the …
After opening August with a bearish outlook, Bitcoin’s (BTC) price continued to bleed in the past 24 hours. The flagship coin had slipped more than 2 percent to trade at about $63,981 on Friday during the early European session. The altcoin industry followed the same trend, pushing the total crypto cap to around $2.39 trillion. …