Markets

The crypto market is fast approaching a new bullish cycle, as the fourth Bitcoin halving will potentially occur next week. Historical data reflects that the halving always leads to a prolonged bull-run, where altcoins benefit the most with new peaks. Here are the top 5 altcoins that hold the most potential in this bull market: NFTFN: A New Dawn in NFT Trading NFTFN emerges as a beacon in the congested waters of NFT trading, having successfully raised $400K in its...

XRP price is attempting a recovery wave from the $0.3850 zone against the US dollar. The price is now trading below $0.550 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.600 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.5150 resistance. XRP price is consolidating near $0.500 against the US Dollar, like Bitcoin. It must...

Bitget experienced significant growth across its trading volumes and user base in the first quarter of 2024, riding the wave of widespread market resurgence. The Seychelles-headquartered exchange revealed that its futures trading volume soared to around $1.4 trillion, marking a 146% increase, while spot trading volume surged by 113% to exceed $160 billion. Bitget saw its most significant growth in derivatives market share in March, with a rise of 2.4%. This enabled it to...

TL;DR Ripple’s XRP dropped by 20% following a market downturn, yet some analysts see this as a buying opportunity. Several other optimistic predictions indicate a bullish outlook for the asset, with potential significant appreciation in its value expected soon. ‘XRP Dips For Buying, Not For Crying’ The cryptocurrency sector experienced a substantial correction on April 14, with its global market capitalization plunging to approximately $2.4 trillion....

TL;DR The lawsuit between Ripple and the SEC, concluding with a grand trial on April 23, could significantly influence XRP’s price and market capitalization. The asset’s value growth also depends on market dynamics and adoption by major financial institutions. Waiting for the Judge’s Decision The lengthy legal battle between Ripple and the US Securities and Exchange Commission (SEC) will move to a grand trial (scheduled for April 23), which is supposed to be the final...

The cryptocurrency market saw a massive correction in the past two days, starting with a red Friday and followed by a Saturday massacre. While the reasons are still debated, even though they seem to be external and not related to the industry itself, the fact is that the total market cap shed over $400 billion at one point. With the next Bitcoin halving, an event typically regarded as a catalyst for future price increases, just around the corner, the question arises whether...

On April 12, Coinbase’s legal counsel filed a brief asking the court’s permission to seek an interlocutory appeal in its case. The controlling question was whether an “investment contract” requires something contractual. Coinbase believes it does, whereas the SEC disagrees. An interlocutory appeal occurs when a ruling by a trial court is appealed while other aspects of the case are still proceeding. Coinbase Fights Back Coinbase chief legal officer Paul Grewal said that the...

In yet another eventful and painful evening trading on Saturday, Bitcoin’s price tumbled by another five grand to a multi-week low of around $61,000. The alternative coins were hit even harder, with numerous double-digit price declines. The main culprit for this crash was the rising tension between Iran and Israel. BTC’s Rollercoaster Continues It was just 48 hours ago when BTC’s price hovered calmly above $70,000, and it even challenged $71,000, but to no avail. Yet, the...

The crypto market is an exciting roller coaster ride. Now, this digital currency is on the rise again. Bitcoin recently surged to an impressive $70,965 fueled by the increasing demand due to the approaching halving events. The whole crypto market is blooming owing to Bitgert’s ripple effect. Newly launched coins like BEFE, BRISE and CENX are also showcasing a fascinating edge in the market. BEFE Launched in Nov 2023 as Blockchain Ecosystem for Everyone, BEFE...

Scaling through the cryptocurrency market has been disturbing; this week, there is an amazing opportunity in BEFE, BITGERT, and CENX. BEFE, BITGERT, and CENX have offered many unique features for investors seeking growth and profitability in their investments, including staking, efficiency in trading, low trading fees, and more. We can see that this week has been an excellent week for BEFE, BITGERT and CENX. This has much to do with their standing solid community...