Bitcoin is red hot again. Price reached $97,500 before dipping slightly lower to $97,000, and the markets are abuzz. Sellers anticipating Bitcoin’s upswing might be in for trouble. Figures reveal over $3 billion worth of short positions potentially being erased should Bitcoin move over the coveted $100,000 threshold. Massive Short Positions Clustered Below $100K According […]
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Ethereum is trading at a critical juncture as broader market sentiment turns bullish. After weeks of stagnation and volatility, the second-largest cryptocurrency by market cap is attempting to solidify a bottom. Currently, ETH remains stuck in a tight range between $1,750 and $1,850—a zone that could soon determine its next major move. Bulls are in […]
Ethereum has recently regained bullish footing, climbing to $1,847 after dipping below $1,750 toward the end of April. This rebound follows a period of volatility, with price movements fluctuating between $1,740 and $1,847 over the past seven days. Amid the uncertainties in the wider crypto market, Ethereum’s ability to reclaim higher ground appears to align […]
Michael Saylor’s Bitcoin-first investment strategy has once again taken the spotlight after Strategy (formerly MicroStrategy) laid out an ambitious new plan to scale its BTC holdings. The company now owns over half a million bitcoins, making it one of the biggest institutional players in the crypto market. However, the company isn’t done yet, as recent […]
XRP is navigating a challenging technical landscape as it continues to trade within a well-defined descending channel on the daily chart. This bearish structure has kept price action under pressure, with each attempt at recovery meeting resistance along the upper trendline. The pattern reflects a broader struggle between bulls attempting to defend key support zones […]
Bitcoin maintains its bullish form from April as it gains by over 4% in the first two days of May to surge above $97,000. Following this recent gain, the premier cryptocurrency is experiencing a minor retracement as investors attempt to decipher the current market phase. Meanwhile, a prominent crypto analyst with the X handle IT […]
XRP has started May with a choppy price action between the lower and upper ends of $2.195 and $2.25, respectively, in the past three days. Although XRP has spent the majority of the past two months correcting from the peak price of $3.3 in January, its 2-month candlestick is showing a strong green body, a […]
Alongside the general crypto market, Ethereum (ETH) registered a significant market recovery at the end of April to return above $1,800. After an extensive price correction that began in December 2024, the prominent altcoin may have finally found some bullish momentum to turn around investors’ fortunes. Interestingly, prominent crypto analyst Burak Kesmeci has shed some […]
The price of Bitcoin has started the month of May with a similar bullish impetus as in the final weeks of April, making a push for the psychologically relevant $100,000 level. With the premier cryptocurrency seemingly back on the bullish track, a prominent crypto analyst has emerged with a warning of sorts for BTC investors […]
The Ethereum price could face another significant crash, as the machine learning algorithm, CoinCodex, predicts a sharp decline toward $1,500. After enduring four consecutive months of sideways trading and bearish closes, technical indicators and sentiment data are flashing warning signs of an impending correction in the coming weeks. Ethereum Price Crash To $1,526 Incoming According […]
After two weeks of strong action, the Bitcoin price seems to be back on the right track, and the bull run — which once looked done and dusted — appears to be roaring back to life. This previously improbable recovery is now accentuated by the premier cryptocurrency’s likely return to above the important $100,000 level. […]
Ethereum is trading just below the $2,000 mark, holding at critical levels as the broader market shows signs of recovery. After weeks of choppy price action and fading selling pressure, bulls are gradually regaining control, pushing ETH into a more bullish short-term structure. Momentum is building as Ethereum stabilizes above the $1,800 level, and technical […]
The dollar is weakening this year. As reported, the US dollar index declined 7% year-to-date, one of its worst openings in recent history. The dollar index measures the value of the dollar against six other major foreign currencies. As tensions between the US and several countries have increased on the trade front, worries regarding the […]
Cardano is currently trading just below the $0.75 mark, where it has spent several days consolidating after its recent upward move. Despite facing resistance at this level, market sentiment appears to be shifting. Bulls are slowly regaining control, and many analysts believe that a breakout could be imminent if the price pushes above the current […]
Dogecoin’s price rebounded to $0.186 after declining from $0.185 to $0.15 earlier in the week. The rebound is evidence of buyers coming in on lower prices, a sign some market observers view as continued strength for the meme cryptocurrency. Analysts Monitor Long-Term Pattern Formation As far as analyst Steph is Crypto is concerned, Dogecoin still […]
Solana is still facing a lot of resistance and it seems that the $200 target is getting harder to reach. This has been made harder by the bearish market winds, as well as declining participation from investors in online activities. As such, the Solana price is still struggling to stay above $150. However, given that […]
Bitcoin has emerged as the market’s top hedge option against rising geopolitical uncertainty and cross-border tensions. The institutional adoption of $BTC has increased during the last couple of months. Sergej Kunz, founder of 1inch (exchange aggregator), said that retailers might not have much time to accumulate the digital asset. As per Kunz, every retailer should […]
Hedera token HBAR is at $0.18801, up nearly 12% in the last week, as it nears a key resistance level that investors are monitoring. The $0.20 level may mark a new era for the token, which has posted consistent gains despite an 18% decline in daily trading volume to $165 million. Kenya Stock Market Selects […]
Bitcoin continues to extend its recent recovery, gaining over 15% in the past two weeks to reach a market price of $97,559 at the time of writing. This renewed momentum brings the asset closer to the $100,000 psychological level, marking a potential turning point for investor sentiment in the broader crypto market. While short-term price […]
On-chain data shows the Bitcoin spot price is currently sandwiched between two zones where a large number of investors last bought their coins. Bitcoin Is Trading Between Two Major On-Chain Demand Zones In a new post on X, analyst Ali Martinez has talked about where the key Bitcoin on-chain support and resistance levels currently lie. […]