Ethereum price started a recovery wave from the $3,220 support. ETH is now recovering some losses and might rise if it clears the $3,550 resistance. Ethereum price remained stable above $3,220 and started a recovery wave like Bitcoin. ETH was able to climb above the $3,350 and $3,400 resistance levels. The price even cleared the
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Data shows the Bitcoin market sentiment is still quite close to the extreme greed zone, a potential sign that a further price cooldown may be needed before a bottom. The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment among investors in the Bitcoin and wider
Bitcoin price started a recovery wave above the $95,000 level. BTC might continue to rise if it clears the $100,00 resistance zone. Bitcoin price remained supported near $92,500 and started a recovery wave. BTC was able to climb above the $94,500 and $95,000 resistance levels. There was a break above a key bearish trend line
Toncoin (TON) appears to have now entered a notable phase in its market cycle, presenting potential opportunities for investors. A recent analysis by CryptoQuant analyst Joao Wedson highlights that TON has moved into a favorable risk zone for accumulation, as indicated by the Normalized Risk Metric (NMR). This metric evaluates an asset’s price risk relative
Last week saw $308 million in inflows into digital asset investment products, although this was overshadowed by a major outflow of $576 million on December 19th. The last two days of the week saw total outflows of $1 billion. The recent price declines led to a $17.7 billion drop in the total assets under management
Corporate Bitcoin investor MicroStrategy has announced a Special Meeting of Shareholders to address proposals that aim to advance its Bitcoin-focused 21/21 Plan while simultaneously streamlining capital-raising efforts. In a letter from the Executive Chairman, the company outlined three major agenda items to be decided during the meeting, which will be conducted virtually. The first proposal
The Russian government has extended its winter ban on local crypto mining operations to six years as energy consumption in the country rises to alarming levels. About a month ago, the government ordered crypto mining entities to pause their operations for the winter season. However, the ban has now been extended. According to a report
Litecoin has had an impressive rally this year, surging by almost 50%. The latest market crash, however, briefly dragged the altcoin below $87. The selling pressure has since subsided as Litecoin currently trades above $107. Underpinning its price trajectory is the strong network growth. Litecoin’s network activity has witnessed a notable surge. In fact, data
The economy is chugging along nicely, with real GDP rising in the third quarter over the second quarter of 2024. That’s according to data from the US Bureau of Economic Analysis. Kiyosaki warned on Sunday, however, that the economy could plunge into a depression next year. “Global crash has started. Europe, China. USA going down.
Richard Schueler, widely known as Richard Heart, the founder of Hex cryptocurrency, has been placed on Interpol’s global wanted list through a Red Notice. Issued at the request of Finnish authorities, it follows allegations of tax fraud and assault in the country. The Red Notice is a formal request to law enforcement agencies worldwide to
XRP has taken the cryptocurrency world by storm in December, becoming the most traded altcoin on Binance. According to recent data, the coin had an astounding trading volume of more than $116 million on Binance Futures, demonstrating its growing appeal with traders. Despite a tough market, XRP’s success stands out, especially given that other cryptocurrencies,
Ripple’s XRP has been the subject of recent media attention, and for good reason. The cryptocurrency has experienced a significant increase in 2024, with a gain of over 258% since the start of the year. XRP’s price had risen significantly from its low of $0.22 in early 2021 to approximately $2.30 as of mid-December. XRP
Dogecoin dived toward the $0.2620 support against the US Dollar. DOGE is now recovering losses and might gain traction if it clears the $0.3350 resistance. Dogecoin price started a fresh decline from well above $0.3550 like Bitcoin and Ethereum. DOGE traded below the $0.3350 and $0.320 support levels. It even spiked below $0.280. A low
XRP price remained stable above the $2.10 zone. The price is moving higher and might aim for a fresh surge above the $2.30 resistance zone. XRP price started a fresh increase from the $2.12 support level, unlike Bitcoin and Ethereum. There was a decent increase above the $2.15 and $2.20 levels. The price surpassed the
Ethereum price extended losses and dropped below the $3,450 zone. ETH is now recovering some losses and might rise if it clears the $3,445 resistance. Ethereum price struggled to start a fresh increase above the $3,500 level and extended losses like Bitcoin. ETH gained bearish momentum below the $3,400 level and traded below $3,320. The
Bitcoin price extended losses and traded below the $95,000 zone. BTC is showing bearish signs and might decline heavily below the $92,000 level. Bitcoin price failed to start another increase and extended losses below the $98,000 zone. BTC gained bearish momentum below the $96,500 and $95,500 levels. The price even spiked below $92,500. A low
Bitcoin cash (BCH), a cryptocurrency created by a hard fork of the Bitcoin blockchain in 2017, fell 20% last week, its biggest slide since April, according to data on TradingView and CoinDesk. The sell-off happened as defunct exchange Mt. Gox said it would begin paying back creditors the roughly $9 billion worth of tokens taken
Cryptocurrency trading volume cooled in April, registering the first decline in seven months as escalating geopolitical tensions and slower inflows into U.S.-listed spot ETFs weighed over the digital assets market. The cumulative volume in spot and derivatives markets fell by 43.8% to $6.58 trillion, a sharp retracement from Marchs record high of $9.12 trillion, according
Crypto derivatives trading became bigger than ever in March, but its share in the total market activity declined for the sixth consecutive month, according to London-based digital assets data provider CCData. Trading volume in futures and options tied to cryptocurrencies on centralized exchanges rose 86.5% to a record high of $6.18 trillion, translating to three
Cryptocurrencies appear to have staying power, Federal Reserves Chairman Jerome Powell said in June. Perhaps truer words have never been spoken, as the market value of all cryptocurrencies has doubled to $1.3 trillion this year, recovering from last years crash. More impressive is the renewed interest in centralized crypto-collateralized finance after last years controversial collapse
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