Crypto news

TL;DR Donald Trump’s latest interaction with the crypto industry sent the entire market flying, but a select few altcoins, such as XRP, registered the biggest gains. This impacted short traders, as the value of the total liquidations is close to $500 million on a 4-hour scale, and XRP is responsible for a big share. XRPUSD. Source: TradingViewThe impact that the US president has on the crypto market cannot be understated. After his landslide win in the elections in November,...

PCE inflation is the core Personal Consumption Expenditures index updated by the US Bureau of Economic Analysis. Financial media outlets often refer to the Bureau of Labor Statistics’ Consumer Price Index (CPI). But, the Federal Reserve favors the PCE for the economic analysis involved in its decision-making process. Inflation in US prices across the core consumer basket rose a modest 0.3% from December to January, just as forecasters expected. Meanwhile, the inflation report...

TL;DR Cardano’s native token is riding the Trump-induced wave like no other, with a massive price surge that pushed it from $0.65 to almost $1 within minutes. This helped it become the eighth-largest cryptocurrency by market cap, surpassing the OG meme coin. ADAUSD. Source: TradingViewCardano’s native token took the recent market-wide crash worse than many tokens, as its price dumped from over $0.82 to under $0.6, which meant a 30% decline within a week or so. It defended the...

US President Donald Trump continues to impact the cryptocurrency markets in a spectacular fashion, and the past hour proved the narrative once again, this time in a positive manner. Although many digital assets headed north after his latest interaction in his own social media, the trio that he named literally exploded. His post relates to the crypto reserve promises that he made during his presidential campaign, which was initially believed to consist only of bitcoin....

Bitcoin’s price has been dropping rapidly over the past few days, making investors worried that the bull market is over. However, there is still hope left, as the market is getting supported in a key area. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has been on a steep decline since last week and is yet to recover. Yet, the 200-day moving average, located near the $80K support level, is currently supporting the...

The largest cryptocurrency made the headlines on numerous occasions in December and January by blowing off the $100,000 level and charting new all-time highs. After that, Bitcoin traded in a sideways channel with extreme volatility between $92,000 and $106,000. However, the 75-day rangebound trend ended this week with an abrupt crash to below $80,000. Bitcoin Prices Crash In Trump Dump Even Bitcoin whales are offloading supplies as selling pressure mounted in the final week...

Story Highlights Ethereum Foundation appoints Wang and Stańczak as co-executive directors. Leadership restructuring aims to enhance Ethereum’s governance and security. Ethereum’s new leadership prepares for innovation and global expansion. The Ethereum Foundation has announced a new leadership structure by appointing Hsiao-Wei Wang and Tomasz Stańczak as co-Executive Directors. The change will go into effect starting on March 17. The Foundation demonstrates its dedication to governance...

Ether (ETH) is down like the rest of the crypto market; however, Ethereum derivative metrics analyzed by the market intelligence platform Nansen have revealed that the cryptocurrency faces more downside tail risk in the coming days. According to a report from Nansen, current implied volatility levels for ETH suggest low expected price movement. Still, analysts say this may be a misjudgment because of its recent price movements. Ethereum Faces Downside Tail Risk Nansen...

Vor einigen Jahren noch schien der Gedanke, dass Bitcoin 100 Dollar erreichen könnte, völlig verrückt. Heute, da Bitcoin um mehr als das 1000-fache gestiegen ist, erscheint der Gedanke, dass Bitcoin irgendwann die 1 Million Dollar-Marke überschreiten wird, längst nicht mehr so unrealistisch. Tatsächlich ist es mittlerweile klarer als je zuvor, dass dies nur eine Frage der Zeit ist. Mehrere Modelle stützen diese Annahme und deuten darauf hin, dass Bitcoin auf dem besten Weg ist, neue Höhen zu...

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