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Altcoins

Shiba Inu (SHIB) Explodes 65% Daily, Dogecoin (DOGE) Follows Suit With 20% Surge (Weekend Watch)

Bitcoin’s price has calmed at around the $62,000 level after a noteworthy week in which the asset soared by over ten grand. However, the altcoins have resumed their bull run with massive gains from the likes of DOGE, SHIB, BCH, UNI, ADA, and others Altseason Incoming? Numerous reports emerged in the past week or so suggesting that the altcoins, which were outperformed by Bitcoin lately, could be on the verge of a price explosion, thus triggering the next altseason. This...

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Bitcoin With a Monster Monthly Candle, Solana Explodes, Memes Soar: This Week’s Recap

What a week! Better yet, what a month! Did you know that Bitcoin has never had a month as good as February 2024? That’s right, the cryptocurrency closed its best-yet candle, and we haven’t even gone through the halving yet. The pre-halving anticipation of higher prices is palpable as spot Bitcoin ETFs continue to see outrageous inflows. The total cryptocurrency market capitalization exploded to $2.4 trillion (per CoinGecko) as BTC charted a 21.3% increase in the past seven...

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Bitcoin Cash Analysis: Bulls In Control Above $280

Bitcoin cash is eyeing a fresh increase above the $320 resistance against the US Dollar. The price is now trading above the $300 zone and the 55 simple moving average (4 hours). There is a key rising channel forming with support at $304 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $315 and $320 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $300 against the US Dollar, like...

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EOS Price Analysis: Why EOS Could Surge Toward $1

EOS price is eyeing a fresh increase from the $0.780 support against the US Dollar. The price is now trading above $0.820 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.7950 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise if it clears the $0.8520 and $0.8750 resistance levels. EOS price is recovering above $0.8250 against the US Dollar, like Bitcoin. The...

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Litecoin (LTC) Price Analysis: Bulls In Action Above $72

Litecoin started a steady increase above $72 against the US Dollar. LTC price is now trading above $74.50 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance at $70 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $78.00 and $80.00 resistance levels. Litecoin price is showing positive signs above $75 against the US Dollar, like Bitcoin. LTC...

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Important Binance Updates Concerning Numerous Altcoin Traders

TL;DR Binance expanded its margin program with new isolated and cross margin options. The exchange is also removing certain pairs due to low performance, as part of its regular updates and reviews to maintain trading quality and volume. The world’s largest cryptocurrency exchange increased the number of trading pairs offered on its margin program. SHIB/FDUSD, DOT/FDUSD, WLD/FDUSD, LDO/FDUSD, NEAR/FDUSD, and TIA/FDUSD were added as new isolated margin pairs, while ADX/USDT...

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BTC Rejected Off $64,000 As Crypto Market Suffers $600 Million Of Liquidations

The price of Bitcoin (BTC) experienced massive volatility on Wednesday, soaring to nearly $64,000 before sinking again to $60,500 within one hour. Amid the chaos, crypto traders have experienced $638 million in liquidation over the past 24 hours, including $391 million of liquidations in the past 4 hours alone. According to Coinglass, about $55 million of liquidations in the last hour impacted a consortium of little-known altcoins, while $96 million was liquidated on BTC...

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