XRP price is attempting a fresh increase from the $0.590 support against the US dollar. The price is now trading above $0.620 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.620 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.6500 resistance. XRP price is gaining pace above $0.620 against the US Dollar, like Bitcoin. It must stay above the...
Read More »Bitcoin and Ether Dominate Institutional Portfolios: Bybit Report
The crypto market’s rally clearly indicates that institutions have shown a stronger preference for Bitcoin and Ether, allocating approximately 40% each to these top assets. As of January 31st, 2024, these entities have dedicated 15% to stablecoins and only 5% to alternative coins. A new report by Bybit suggests that institutional portfolios have become significantly more focused, increasing from 50% to 80% over the past few months. In contrast, retail investors display a...
Read More »Shiba Inu Price Predictions as SHIB Explodes 100% Weekly
TL;DR Shiba Inu has experienced significant price increases recently, with optimistic predictions for further gains. Discussions around meme coins like SHIB and DOGE are heating up, with various individuals offering differing opinions on which is the better investment, amidst forecasts of continued bullish trends in the cryptocurrency market. How High Can SHIB Go? The second-largest meme coin caught the recent green wave in the cryptocurrency sector, being one of the...
Read More »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...
Read More »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...
Read More »Binance Futures Launches Toncoin (TON) Perpetual Contracts with Up to 50x Leverage
CoinspeakerBinance Futures Launches Toncoin (TON) Perpetual Contracts with Up to 50x Leverage Although the TON token is not available for spot trading on Binance, the exchange has launched perpetual contracts for Toncoin. Binance Futures Launches Toncoin (TON) Perpetual Contracts with Up to 50x Leverage
Read More »Massive Crypto Token Unlocking Scheduled for March, Arbitrum to Lead
CoinspeakerMassive Crypto Token Unlocking Scheduled for March, Arbitrum to Lead In addition to Arbitrum, other networks like Sui, Aptos, and Optimism are set to unlock millions of tokens in the market this month. Massive Crypto Token Unlocking Scheduled for March, Arbitrum to Lead
Read More »22 Crypto Firms Seek Operational Licenses in Hong Kong
Coinspeaker22 Crypto Firms Seek Operational Licenses in Hong Kong Jurisdictions like Hong Kong offer a middle ground, balancing investor protection with fostering innovation and economic growth. 22 Crypto Firms Seek Operational Licenses in Hong Kong
Read More »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...
Read More »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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