CoinspeakerRobinhood Strong Performance Boosts HOOD Stock amidst Crypto and Trading Rebound Robinhood outlined its 2024 expense plan, which includes investments in new products such as a professional trader offering on its website, index options, and futures. Robinhood Strong Performance Boosts HOOD Stock amidst Crypto and Trading Rebound
Read More »Solana (SOL) Price Analysis: Uptrend Intact Above $100
Solana price started a downside correction from the $115 zone against the US Dollar. The price is now trading above $102 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $109 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $109 and $106 support levels to start another increase. Solana price is trading above $106 against the US Dollar, like Bitcoin. SOL is...
Read More »Bitcoin Price Analysis: BTC Maintains Uptrend At $50K
Bitcoin price started a downside correction from the $50,450 zone against the US Dollar. The price is now trading above $46,500 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $49,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $48,500 support zone. Bitcoin price is correcting lower below $49,800 against the US Dollar. BTC might...
Read More »Peter Thiel’s Fund Back into Bitcoin and Ether, Sparking Silicon Valley’s Crypto Interest: Report
Founders Fund, the venture capital enterprise founded by billionaire Peter Thiel, is reportedly reinvesting in Bitcoin and Ether, as per reports. This move by the San Francisco-based venture capital firm, which has roughly $12 billion in total assets under management as of 2023, marks a resurgence of Silicon Valley’s interest in the crypto market. Silicon Valley’s Crypto Comeback According to sources familiar to Reuters, Founders Fund dedicated $200 million in the past year...
Read More »Crypto Fear and Greed Index Soars to Highest Level Since Bitcoin’s ATH in 2021
The Crypto Fear and Greed Index, a tracking tool for market sentiment in crypto, has surged as high as 79 out of 100, hitting a level not seen since Bitcoin peaked at $69,000 in November 2021. The increase, observed on February 13, comes as Bitcoin surpassed the $50,000 mark a day earlier. Crypto Fear and Greed Index Hits ‘Extreme Greed’ For the first time in more than two years, the Crypto Fear and Greed Index is in the “extreme greed” zone, which happens when the value of...
Read More »Will BTC Soar to an All-Time High in February Following 13% Weekly Push? (Bitcoin Price Analysis)
Bitcoin’s price has finally created a new higher high, following weeks of consolidation and correction. This has caused many investors to believe that a new all-time high will be created in the upcoming months. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has broken above the key $48K resistance level after a previous rejection. Bitcoin is currently targeting the $52K resistance level in the short term. Meanwhile, the Relative Strength...
Read More »ETH Soars 12% Weekly as Bulls Start Looking at $3K (Ethereum Price Analysis)
Ethereum’s price has been rallying aggressively over the past few days. Yet, the market is approaching a strong resistance level that could determine the mid-term fate of ETH. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been rallying since a rebound from the $2,200 zone. The $2,400 resistance level has also been broken with ease. Currently, ETH is climbing toward the $2,700 resistance level and the higher boundary of the large ascending...
Read More »Ripple With Major Announcement: Acquires Standard Custody & Trust Company
Ripple – the company behind the popular cryptocurrency XRP – has announced that it acquired an enterprise-grade regulated platform for digital assets called Standard Custody & Trust Company. According to the official announcement, the move is aimed at underscoring Ripple’s commitment to regulatory compliance. Speaking on the matter was Monica Long, Ripple President, who said: “Ripple and Standard Custody are dedicated to enabling enterprises to reap the benefits of...
Read More »Bonk Price Up 29% in a Week; Could This New Solana Meme Coin Surge Next?
As the broader crypto market turns bullish, Bonk has seen exceptional results, pumping 7% today and 29% this week. But with a market cap of over $800 million, traders are eagerly searching for the next Solana meme coin to surge. One promising contender is Smog, which soared 1,400% in its opening hours. Bonk Follows as Solana Gathers Momentum Bonk’s 29% uptick was enabled by SOL pushing ahead, recently flipping BNB to become the fourth largest cryptocurrency by market cap....
Read More »XRP Price Surges to $0.53 amid Legal Battle and Broader Market Rally
CoinspeakerXRP Price Surges to $0.53 amid Legal Battle and Broader Market Rally As the overall market conditions got significantly bullish today, XRP broke out from the falling channel pattern. XRP Price Surges to $0.53 amid Legal Battle and Broader Market Rally
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