Markets

Bitcoin’s price has finally corrected after weeks of aggressive rallying. It dropped by around 10% recently, leaving market participants wondering whether a deeper crash should be expected. Technical Analysis By TradingRage The Daily Chart Looking at the daily chart, the price has been rallying over the last few months, consistently making higher highs and lows. Yet, the $75K resistance level rejected Bitcoin lower, and the market is currently dropping below the $68K support...

As the fourth Bitcoin halving approaches and is about a month away, the primary cryptocurrency’s price experienced something it hadn’t done before – to chart a new all-time high before that significant event. In fact, that happened last week but only intensified during the past several days. The weekend went as it typically does, in a quiet manner, as the asset had calmed at around $69,000. This Monday, though, mimicked the previous one in terms of daily gains, and BTC...

TL;DR Analysts remain optimistic about XRP’s recovery from its current dip, predicting significant price increases and emphasizing the critical role of the bulls in the near term. The outcome of Ripple’s lawsuit with the SEC is seen as a key factor that could drive XRP’s price to new highs, with some forecasts suggesting a rally towards $5.85. Ripple’s XRP is among the numerous cryptocurrencies whose prices nosedived during the most recent market correction. Currently, the...

CoinspeakerSolana’s SOL Breaks Market Cap Records amid Bullish Rally Solana market cap reaching an all-time high could increase bulls confidence on their way to breaking past the previous price ATH that was set more than two years ago. Solana’s SOL Breaks Market Cap Records amid Bullish Rally

CoinspeakerJPMorgan: Gold Investors Stay Firm amidst Bitcoin Hype Experts believe that with the potential of spot Bitcoin ETFs, this market cap difference might be bridged in the coming decade. JPMorgan: Gold Investors Stay Firm amidst Bitcoin Hype

CoinspeakerBinance Quietly Concludes Binance Labs Spinoff as Part of Developments Under New CEO Binance Labs is now an independent spinoff of Binance Holdings and has no ties to the parent company other than the trademark name. Binance Quietly Concludes Binance Labs Spinoff as Part of Developments Under New CEO

Bitcoin cash is eyeing a fresh increase above the $450 resistance against the US Dollar. The price is now trading near the $420 zone and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $417 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $440 and $450 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $410 against the US Dollar, like...

Nigerian authorities are urging Binance to provide details about its most prominent 100 users within the nation amidst a continued clampdown on the platform. The request is a focal point in discussions between Binance and Nigeria, with the government perceiving the exchange as a key obstacle hindering its attempts to strengthen the national currency, the naira. Nigeria Demands Binance’s Transaction Records In addition to seeking information on some Binance users, Nigerian...

Crypto custody and trading platform Bakkt has received a warning from the New York Stock Exchange (NYSE) regarding its non-compliance with the stock exchange’s listing rules. According to the NYSE, the platform has not been able to maintain its closing share price above $1 for the past 30 days, hence facing delisting risk. Bakkt Plans to Resolve the Issue On Wednesday, Bakkt informed the NYSE of its intention to address the stock price discrepancy and comply with the required...

Let’s get one thing straight, we’re living in bull season right now. Bitcoin has gone full-blown parabolic, blasting past its previous all-time high of $70000 with $100,000 firmly in its sights. This Bitcoin blitzkrieg has set off a monumental chain reaction across the entire cryptocurrency market. The total market cap is now over $2.73 trillion and climbing the $3 trillion mark. The Meme Coin Million-Dollar Lottery Hits Again Whenever crypto goes into a bull...