Markets

Decentralized AI is rising, with the ecosystem’s market cap recently crossing $28.5 billion, jumping 3.16% today. New presale meme coin-cross AI solution Scotty the AI is benefitting, having soared past the $1 million total raise milestone. Investment is flooding the ICO, raising over $400K in the last five days. The accelerating rate of growth illustrates a rising investor confidence that Scotty the AI is a crypto to watch. Market participants can buy the presale from the...

EOS price is eyeing a fresh increase from the $0.780 support against the US Dollar. The price is now trading above $0.820 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.7950 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise if it clears the $0.8520 and $0.8750 resistance levels. EOS price is recovering above $0.8250 against the US Dollar, like Bitcoin. The...

Litecoin started a steady increase above $72 against the US Dollar. LTC price is now trading above $74.50 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance at $70 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $78.00 and $80.00 resistance levels. Litecoin price is showing positive signs above $75 against the US Dollar, like Bitcoin. LTC...

TL;DR Shiba Inu’s value surged, outperforming Cardano in a significant indicator signaling ecosystem growth. Associated cryptocurrencies, BONE and TREAT, saw major price increases, while LEASH did not follow this trend. Shiba Inu’s Progress One of the leading meme coins by market capitalization – Shiba Inu – erased a zero from its valuation following a rally experienced earlier this week. The coin’s performance remained solid in the following days, with its price charting...

TL;DR Binance expanded its margin program with new isolated and cross margin options. The exchange is also removing certain pairs due to low performance, as part of its regular updates and reviews to maintain trading quality and volume. The world’s largest cryptocurrency exchange increased the number of trading pairs offered on its margin program. SHIB/FDUSD, DOT/FDUSD, WLD/FDUSD, LDO/FDUSD, NEAR/FDUSD, and TIA/FDUSD were added as new isolated margin pairs, while ADX/USDT...

Bitcoin surged above $61,000 on Wednesday, marking its highest level since November 2021. The rally seems fueled by significant inflows into US-based spot Bitcoin ETFs. With bullish momentum building, all eyes are on the leading crypto asset’s trajectory, and data suggest that it might be able to break its previously established all-time high of $69,045. MVRV Ratio Signals Buying Opportunity The MVRV Ratio, derived from dividing an asset’s market capitalization by its...

The price of Bitcoin (BTC) experienced massive volatility on Wednesday, soaring to nearly $64,000 before sinking again to $60,500 within one hour. Amid the chaos, crypto traders have experienced $638 million in liquidation over the past 24 hours, including $391 million of liquidations in the past 4 hours alone. According to Coinglass, about $55 million of liquidations in the last hour impacted a consortium of little-known altcoins, while $96 million was liquidated on BTC...

Solana price started a fresh increase from the $98.00 zone against the US Dollar. The price is now trading above $108 and the 55 simple moving average (4 hours). There was a break above a key contracting triangle with resistance at $107 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $114 and $118 to continue higher in the near term. Solana price is trading above $105 against the US Dollar, like Bitcoin. SOL could start a...

Bitcoin price started a strong increase above the $55,000 zone against the US Dollar. The price is now trading above $55,500 and the 55 simple moving average (4 hours). There was a break above a key bullish flag with resistance at $52,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $56,000 support zone. Bitcoin price is showing positive signs above $56,000 against the US Dollar. BTC might...

Bitcoin’s fast-rising price is attracting traders and speculators back into the market, on-chain data suggests. In a Tuesday newsletter, blockchain intelligence firm Glassnode highlighted how risk appetite is increasing across various cohorts of the Bitcoin market, including institutional buyers and short-term holders alike. Bitcoin Holders Back In Profit Since the start of the year, Bitcoin has enjoyed massive capital flows, with the asset’s realized cap rising by $30...