Cardano may not be a top gainer in the crypto market but that does not mean that it has fallen behind. During the altcoin rally, the price of Cardano’s native coin ADA has gone from a low of $0.25 to a high of almost $0.4 before correcting back downwards. This positive trend has been preserved […]
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In a recently published report by CoinShares, analyst James Butterfill delves into the relationship between inflows into Bitcoin exchange-traded funds (ETFs) and changes in the Bitcoin price. The report addresses the critical question of how much inflow into ETFs could be anticipated upon launching a Bitcoin spot ETF in the US and the potential impact […]
A recent surge in Cardano (ADA)’s market value has caught the attention of both investors and analysts alike. Over the past 24 hours, ADA has seen a 7% increase, trading at approximately $0.39 at the time of writing. This uptick in value is not just a momentary blip on the radar but a part of […]
BlackRock has joined the Ethereum Spot ETF race as the asset management company has officially applied to the US SEC and is currently waiting for approval. BlackRock Files For An Ethereum Spot ETF Following its Spot Bitcoin ETF filing, BlackRock, an American investment company has taken the proactive step by filing an Ethereum Spot Exchange […]
The Bitcoin price rally is losing strength as the cryptocurrency returns to its support levels following weeks of bullish momentum. In the short term, the landscape seems sloped to the downside, but an analyst presented the main reasons why the rally has just begun. As of this writing, Bitcoin (BTC) trades at $36,550 with a […]
Crypto analyst Ali Martinez has noted Cardano (ADA) is open to an unprecedented rally. Price activity suggests that Cardano is moving into a state of consolidation, which coincides with a moderate decline in the general cryptocurrency market. Nevertheless, the analyst is of the opinion that Cardano’s current consolidation is similar to one it had prior […]
Despite a larger portion of Bitcoin’s total supply being “inactive” for over a year, recent data revealed impressive growth in investors holding on to their BTCs during the rally. Bitcoin HODLing Yawns For Growth With Lesser Supply On Wednesday, November 15, a crypto analyst known as Root took to his official X (formerly Twitter) handle […]
Dogecoin has seen a rise of about 10% during the past day, but longs are piling up on the futures market, which may be something to keep an eye on. Dogecoin Funding Rate Attains Highly Positive Values After Rally As explained by the on-chain analytics firm Santiment, DOGE traders are betting on the price rise […]
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According to on-chain analytics, the next strong Dogecoin rally might be closer than we think. The meme token has been giving traders mixed signals for the past month, but signs like on-chain transaction volume and DOGE’s mission to the moon are starting to point to the next surge being right around the corner. Despite the […]
The XRP price has entered what is regarded as the Dollar Cost Averaging (DCA) ranging zone, according to crypto analyst Egrag. While the digital asset’s price oscillates within a critical zone, the analyst maintains a bullish stance on its future trajectory. XRP Price Enters DCA Zone Egrag stated via a post on X, “XRP Color […]
An apparent increase in demand for safe-haven assets, rising interest in Bitcoin ETFs in the US, and anticipation of a more accommodating position from the Federal Reserve were the purported drivers of the cryptocurrency market’s recovery this year, which led to a significant gain in the value of Bitcoin. While the spot and futures markets […]
The POLS mint was arguably the most anticipated event on the Polygon (MATIC) blockchain this year and the stats have corroborated this. On Thursday, the Bitcoin BRC-20-inspired mint took place and the burn figures have been nothing short of impressive. Over 100 million MATIC tokens were incinerated as a result of this event. But data […]
Wall Street financial expert Linda Jones recently offered a detailed forecast regarding the potential Initial Public Offering (IPO) of Ripple. Speaking at a Fireside chat with Linqto, a pre-IPO investment platform, Jones outlined her insights into the expected timeline and factors influencing Ripple’s decision to go public. Jones stated via X, “Here is my interview […]
AVAX price rallied over 50% and climbed above $22.50. The price might correct lower but there could be more upsides above $25. AVAX price is showing a few positive signs above the $20 level against the US dollar. The price is trading above $22 and the 100 simple moving average (4 hours). There is a […]
Ethereum price corrected lower and tested the $1,935 support. ETH is likely forming a double-bottom and might start a decent increase. Ethereum reacted to the downside and tested the $1,935 support. The price is trading below $2,020 and the 100-hourly Simple Moving Average. There was a break below a key contracting triangle with support near […]
Bitcoin price again failed to clear the $38,000 resistance zone. BTC is likely forming a double top and might decline toward the $34,500 support. Bitcoin started a fresh decline from the $38,000 resistance zone. The price is trading below $36,750 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming […]
Ryan Sean Adams, a crypto investor and a vocal Ethereum supporter, notes that some ETH holders are panic selling and diversifying into layer-1 altcoins like Solana (SOL) or Cardano (ADA), primarily concerned that the coin may not outperform the market as it did in the last bull cycle when it soared to around $5,000. Ethereum […]
‘Dogecoin to the moon’ is a saying that anyone in the crypto community is familiar with. This is usually said figuratively in relation to the DOGE price actually surging. But Dogecoin is now actually headed to the moon – literally – after the official account confirmed the first DOGE space mission. Strap In: Dogecoin Is […]
Ripple Labs has announced plans to integrate Automated Market Makers (AMMs) into the XRP ledger. The decision has left the XRP community feeling uneasy, as they ponder the potential long-term effects of AMMs on the XRP price. AMMs To Be Integrated Into XRP Ledger Ripple, a global payments network provider has stated its intentions to […]