Crypto news

The cryptocurrency market has taken a u-turn in the past hour, with the majority of coins dropping considerably. Bitcoin’s price now trades below $70K, while the market sees close to $200 million worth of liquidated positions. BTC took a sudden hit as its price plummeted below $70K following what many considered a renewal of the bull run. Source: Binance via TradingView As seen in the chart above, the move was relatively sudden, completing a decline of around 2.5% in the past...

Polkadot faces a significant challenge in reclaiming a decisive resistance region encompassing the $7.5 mark, the 100-day moving average, and critical Fibonacci levels. This resistance range can potentially halt upward pressure in the short term. Technical Analysis By Shayan The Daily Chart A comprehensive daily chart analysis highlights Polkadot’s prolonged struggle to breach a crucial resistance zone over several weeks. This resistance includes: The static resistance level...

Following the recent rally of the broader crypto market, a large percentage of the circulating supply of most cryptocurrencies is currently in profit. Market intelligence platform Santiment has revealed that bitcoin (BTC) and ether (ETH) are the top dogs in terms of long-term investment profitability, surpassing assets like Chainlink (LINK), Dogecoin (DOGE), Ripple (XRP), and Cardano (ADA). Crypto Assets in Profit The percentage of a cryptocurrency’s supply in profit is...

[PRESS RELEASE – Kyiv, Ukraine, June 7th, 2024] Online Marathon 2024 will take place from June 20 to 22. The event is part of the Ukrainian Blockchain Week event. Among the participants are representatives of Hacken, Near Protocol, Binance, Solana Foundation, 1inch, Polkastarter, Consensys and many other guests. The Online Marathon 2024 event, which Incrypted team is organizing as part of Ukrainian Blockchain Week, will take place from June 20 to 22, 2024. This online...

FLOKI and other altcoins, such as Notcoin (NOT), have significantly gained attention in the crypto market in the last few weeks. However, other altcoins, such as RCO Finance (RCOF), might be worth substantial investment in 2024 and surpass their predecessors. This development is why market analysts and crypto experts have urged investors to focus beyond FLOKI and Notcoin as potential altcoins for 2024. Below are the three best altcoins that have the potential to give a 10,000% ROI in...

The crypto market is no stranger to dramatic price movements, but a slight movement in Bitcoin can be quite significant on altcoins. The recent profit-taking after Bitcoin (BTC) hit $70,000 crashed Cardano (ADA) and other altcoins, but the market shows rebound strength. While the recent dump was unnerving for some crypto enthusiasts, it created a ripe opportunity for excellent market opportunities like ETFSwap (ETFS). ETFSwap (ETFS) presale has positioned itself as a solid pick for...

Friday’s NFP release will be a pivotal event in shaping market sentiment and determining the near-term trajectory of Bitcoin and other cryptocurrencies, according to Bitfinex analysts. In a statement to CryptoPotato, the macroeconomic dynamics, including the ECB’s rate cut and the potential for increased liquidity, add further complexity to the equation, making it crucial for market participants to closely monitor these developments and their potential impact on the crypto...

Recently, the Cardano (ADA) founder Charles Hoskinson made a passionate post that shut down skeptics of this altcoin. At the same time, whales have gravitated towards DTX Exchange (DTX) and Notcoin (NOT). While NOT is making a name for itself, DTX is a Stage 2 presale star, and many analysts hint that it may soar by 100x in 2024. Let’s learn more. Charles Hoskinson: Cardano (ADA) Is Here To Stay Cardano (ADA) has been making headlines in the altcoin space lately. Notably, its...

Kraken, one of the oldest and largest cryptocurrency exchanges in the United States, is orchestrating a large funding round before a potential initial public offering next year, according to a new report from Bloomberg. Sources contacted by the outlet say the exchange likely aims to raise $100 million before the move. Kraken To Go Public? If Kraken were to follow through, it would become the second publicly traded pure-play crypto exchange in the world after Coinbase, its...

SEC Chair Gensler has voiced concern over unethical conduct within crypto exchanges, noting that the introduction of spot Ethereum ETFs will require additional time. Gensler’s comments were made during a June 5 interview on CNBC, where he also responded to Jim Cramer’s inquiries about potential exchange-traded products for cryptocurrencies beyond Bitcoin and Ethereum. Gensler Criticizes Crypto Exchanges Gensler stated that while the SEC had approved the associated 19-4b...