Markets

ADA price is attempting a fresh increase from the $0.4050 zone against the US Dollar. The price is now trading above $0.500 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance at $0.500 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.5150 and $0.540 levels. Cardano price is holding the $0.480 support against the US Dollar, like Bitcoin. ADA price...

Ethereum price is eyeing an upside break above the $3,220 resistance against the US Dollar. ETH price is now trading above $3,100 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $3,150 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $3,000 support zone. Ethereum price is consolidating above the $3,100 level against the US Dollar. ETH/USD could rise...

The world’s largest asset manager is aiming to retain its position as leader of the spot Bitcoin ETF market following a massive exodus of capital from its flagship GBTC product. In order to do this, Grayscale has applied for a smaller Bitcoin ETF with highly competitive fees to compete with its ten rivals. According to its latest filing with the US Securities and Exchange Commission, Grayscale’s new ETF, the Bitcoin Mini Trust, has set fees at just 0.15%. Grayscale Mini-BTC...

The New York Stock Exchange (NYSE) has released a survey questioning market participants about round-the-clock stock trading, signaling potential interest in opening its trading venue beyond traditional market hours. The update would bring the stock exchange up to date with today’s major cryptocurrency exchanges, which operate at all hours including weekends. All Hours Stock Trading On NYSE According to the Financial Times, NYSE’s survey asked participants whether all-hours...

CoinspeakerBitget Report: Middle East Crypto Market Surges by 166% YoY The Unite­d Arab Emirates emerge­s as the clear frontrunner in crypto adoption across the Middle East. Such an outlook aligns with the nation's progre­ssive stance on digital assets. Bitget Report: Middle East Crypto Market Surges by 166% YoY

CoinspeakerBinance Exec, Who Fled Nigeria, Denies Report of Extradition from Kenya The Nigerian government has been pushing the Binance crypto exchange to pay as much as $10B for the significant economic disruption caused. Binance Exec, Who Fled Nigeria, Denies Report of Extradition from Kenya

Bitcoin layer 2 solution tokens have demonstrated superior performance to BTC following the highly anticipated halving of the mining reward on the blockchain. Since the event, these tokens have surged by 5% to 20%, outpacing the top crypto by market cap. Stacks (STX) Takes Center Stage According to CoinGecko data, the market cap for Bitcoin layer 2 solutions is $4.3 billion, marking a 5.6% increase in the past 24 hours. Meanwhile, the trading volume is $184 million. Stacks...

CoinspeakerNYSE Polls Market Participants on Round Clock Stock Trading As the NYSE conducts its survey, US regulators are closely scrutinizing an application for the establishment of a 24/7 stock exchange. NYSE Polls Market Participants on Round Clock Stock Trading

Data from IntoTheBlock revealed that investors withdrew approximately half a billion ETH from centralized exchanges last week, the highest the asset has seen since February. $500M ETH Leaves CEXs The withdrawal of large amounts of ETH from centralized exchanges signals investor confidence in the long-term price trajectory of the asset. Market participants usually withdraw their cryptocurrencies from centralized trading platforms to hold the assets in their private wallets or...

If you ask everyone one or two questions, they’ll tell you about their willingness to amass much wealth to cement their financial status. Now, what means are most of them not looking to achieve their aim? The answer is simple: crypto. As this exists, there are several meme coins in the market today. However, most of them aren’t investment-worthy because of their dip in value. Meme coins are tokens that mostly survive on the buzz of hype, and in periods where...