Markets

The markets are rallying exuberantly for BTC for a couple of reasons this March. Institutional investors bought deep after the SEC opened up Wall Street access to Bitcoin price exposure through custodial spot ETFs. That only adds to the scarcity shock with the supply halving coming up next month. However, many blockchain crypto trading strategists think it is hard to overstate the importance of the ETF approvals by the Securities and Exchange Commission. The new paradigm does...

The Solana blockchain has become the home of many new and popular meme coins that have garnered the community’s attention during this bull cycle. This has pushed not only their prices up but also SOL’s. The latest such craze is called BOOK OF MEME and was launched earlier this week. It quickly skyrocketed by triple and quadruple digits in days and has now entered the top 100 cryptocurrencies by market cap after a Binance listing. CryptoPotato reported earlier that a savvy...

El Salvador, the pioneering country that approved Bitcoin as legal tender, has consistently adhered to its HODL strategy, even amidst the market crash from two years ago and the massive rise toward new ATH this week. The country initiated its Bitcoin purchases in September 2021, when Bitcoin was valued at $51,769. El Salvador Boasts Huge Bitcoin Profit President Nayib Bukele’s Bitcoin strategy was questioned after its value dropped from $69,000 in November 2021 to $16,000 a...

Bitcoin’s price faced enhanced volatility at the end of the business week, which included a drop of $8,000, but it has recovered some of the losses as of now. Several altcoins have bounced off from the Friday crash, with AVAX, BNB, SOL, and APT emerging as today’s top performers. BTC to Challenge $70K Soon? Bitcoin’s business week started with a lot of price fluctuations as well. It first dumped to $67,000 before the bulls took charge and initiated a massive leg-up that...

Binance, the world’s leading crypto exchange by trading volume, appears to have spun off its venture capital and incubation arm, Binance Labs, as indicated on the latter’s website. This move occurred earlier this year, marking a significant development during CEO Richard Teng’s four-month tenure. Binance Labs Distances From Binance Binance Labs’s website now clearly states that it operates independently and is not a part of the Binance Group, nor is it involved in any of the...

Paul Grewal, the Chief Legal Officer at Coinbase, has come forward to criticize a letter written by two U.S. senators urging the Securities and Exchange Commission (SEC) to impose stricter regulations on Bitcoin exchange-traded funds and refrain from approving any further cryptocurrency ETF applications. In a March 15 X thread, he challenges the assertions of senators Jack Reed and Laphonza Butler and defends the necessity of expanding the ETF market to include assets beyond...

A further $500 million was brought to the capital markets with the introduction of the Bitcoin ETF, and more is expected as the overall market is recovering. It is anticipated that increased interest in the larger cryptocurrency market will bring more participants into the ecosystem during this bull cycle. Statistics that support the claim  include the fact that, during Bitcoin’s price spike to above $73,000, 1500 Bitcoin wallets have turned into millionaire...

Crypto enthusiasts and savvy investors are often drawn to its appeal with tremendous price growth. And when some meme coin comes, it attracts the entire industry with drastic hype. Similarly, BEFE, the meme coin king has captivated every eye in the industry while touting a projected 5000% price growth as per analysts. Although, practically it would be a possible phenomenon, many speculate whether it is theoretically possible. Is BEFE potential for price growth?...

TL;DR Analysts forecast a significant price increase for Shiba Inu, attributing it to its strong recent performance and a potential breakout above key resistance levels. Interest in SHIB is growing, as indicated by rising Google searches and advancements in its ecosystem, like the Shibarium layer-2 solution. 150% Price Surge on the Horizon? Shiba Inu’s price has been experiencing a downfall in the past few days, resonating with the broader correction reigning in the entire...

Ripple’s price has failed to keep its upward momentum and is currently on a decline. Still, there are several support levels that might push the price higher again. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, the price has recently made a run at the $0.7 resistance level. Yet, it has been rejected decisively and is currently testing the $0.6 support level once again. In case this level fails to hold, the 200-day moving average located around the...