Ethereum is currently following the market trend of Bitcoin and continues to maintain above the $1,800 level. This price level is still bullish for the digital asset which is now only around 60% down from its all-time high. However, there is a threat to the stability that the digital asset has enjoyed so far which […]
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Pepecoin (PEPE) is now facing a daunting challenge as it experiences a substantial decline from its recent major surge. Despite an impressive rally of over 50,000% between April 15 and May 5, PEPE has seen its value plummet by more than 60%, with a significant 15% drop occurring in the past week alone. The sudden […]
Andrew Kang, a renowned crypto entrepreneur and investor, has revealed via Twitter his choice for the next cryptocurrency that may soon explode in price. Kang is the co-founder of Mechanism Capital, which invests in cryptocurrencies through prop trading, mining, ventures, and secondary markets. In the crypto community, Kang has made a name for himself with […]
Bitcoin price is consolidating above the $26,000 support. BTC could start another decline if it stays below $27,400 for a long time. Bitcoin is struggling to gain pace for a move above the $27,400 resistance. The price is trading near $26,500 and the 100 hourly Simple moving average. There was a break above a declining […]
The recent allegations of insider trading against Coinbase CEO Brian Armstrong have raised concerns among investors and industry experts. Armstrong sold nearly 30,000 shares of his company worth over $1.7 million just two days before the Securities and Exchange Commission (SEC) initiated enforcement action against Coinbase. Coinbase Investors Question CEO’s Stock Sale Prior SEC Complaint […]
CRO, the native token of the Cronos blockchain, an open-source, interoperable, and Cosmos-based platform, a centralized crypto asset exchange, is steady despite some community members fearing that the United States Securities and Exchange Commission (SEC), the primary securities regulator in that country, could soon target Crypto.com, the crypto exchange and developer of the blockchain. CRO […]
MATIC has experienced a downward trend over the past few months, but there is a possibility of a reversal. In the last 24 hours, the altcoin attempted a slight 0.2% increase, but the weekly chart showed a 13% depreciation, indicating a strong bearish dominance from a technical standpoint. Both demand and accumulation indicators were negative, […]
Bitcoin (BTC), the largest cryptocurrency in the market, is currently trading sideways after showing signs of recovery in the wake of the Securities and Exchange Commission (SEC) lawsuits against Binance and Coinbase. Although BTC managed to briefly recover the $27,000 level on Tuesday, it has failed to consolidate above it and is now stuck in […]
According to data from leading crypto analytics firm Santiment, a distinct trend has unfolded in the stablecoin sphere. Even as stablecoins designed to maintain parity with a reserve asset like the US dollar, continue to hold their $1 peg, the combined market capitalization of the top five stablecoins – Tether (USDT), USD Coin (USDC), Binance […]
On-chain data shows a large amount of Bitcoin older than 10 years has suddenly moved today, a sign that could be bearish for the price. Bitcoin Dormant From More Than 10 Years Ago Has Abruptly Moved As pointed out by an analyst in a CryptoQuant post, this movement of dormant coins may be a sign […]
The Cardano (ADA) price experienced a decline, breaking below the $0.33 level. This downward movement has resulted in bears gaining control of the market. ADA has lost around 4% of its value in the past 24 hours and has seen a weekly plunge of approximately 10%. The technical outlook for ADA indicates a bearish intent […]
The Bitcoin price has shown a strong reaction after the lawsuits filed by the US Securities and Exchange Commission (SEC) against Binance and Coinbase, which may have surprised many. Generally, rising prices on negative news are a strong indication that the sell side is losing steam and a bottom is near. In the case of […]
The UK’s Financial Conduct Authority (FCA) recently proposed some strict new rules for how crypto companies can market their products and services to customers. If passed, the regulations would clamp down on misleading hype and unrealistic promises, requiring more transparency and balanced information. According to a release by the FCA, the new rules, which will […]
The market is currently experiencing a downturn fueled by an unsettling combination of FUD (fear, uncertainty, and doubt). Adding to this challenging situation is the recent lawsuit filed against crypto exchange giants Coinbase and Binance by the US Securities and Exchange Commission. Both Binance and Coinbase were charged by the SEC of being unregistered exchanges […]
Stacks, the layer-1 protocol that enables smart contracts on Bitcoin, have demonstrated incredible resilience amid bearish market trends. Stacks’ STX token price has increased by over 6% over the past week and joined top-gaining coins today with a nearly 0.53% price gain, while the broader crypto market plunged by 1.63% in the last day. STX’s price […]
Due to concerns over the risk of scams, Australia’s largest bank, Commonwealth Banks (CBA), has recently announced the temporary delay of certain payments associated with crypto exchanges. This decision arose after the United States Securities Regulator (SEC) sued two major global exchanges, Coinbase and Binance. This comes just a few weeks after another major Australian […]
Despite the blow suffered by most of the crypto market, XRP continues to trade in the green on higher timeframes. The token is in a battle between the U.S. Securities And Exchange Commission (SEC) and payment company Ripple. This legal battle began two years ago but has become more relevant than ever as the regulator […]
Polkadot, the innovative multi-chain platform, has witnessed a remarkable surge in its key metrics following the launch of several ambitious projects. With an ecosystem bustling with activity and growing adoption, DOT’s performance metrics have soared to new heights. Amidst this flurry of activity and positive indicators, the cryptocurrency market remains notoriously volatile. Cryptocurrencies have been […]
Valhil Capital has published a new research paper assessing the fair value of XRP, and the results are astronomical. The private equity firm explains in the research paper, using six pricing models, that the fair value is somewhere between $3,500 and $21,900 per token. So, as one community member pointed out, it would only take […]
Shiba Inu (SHIB) has found itself in a challenging position as it grapples with a prolonged downward trend, reaching a critical support level that investors have anxiously awaited. The popular meme coin, known for its adorable dog-themed branding, has struggled to reverse its declining price trajectory in recent months. Despite the initial hype and enthusiasm […]