Markets

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...

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...

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...

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....

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

Bitcoin’s price suffered a substantial correction today, a day after it finally broke above the coveted $50,000 line. This has resulted in a large number of liquidated traders, as well as over $200 million of wrecked positions on a daily scale. BTCUSD. Source: TradingViewAfter a positive last week, in which BTC soared from $43,000 to over $48,000, the asset had a relatively quiet weekend, standing at around the latter. Monday started with a minor retracement that drove the...

ADA price is gaining pace above the $0.5350 zone against the US Dollar. The price is now trading above $0.540 and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $0.5420 on the 4-hour chart (data feed via Coinbase). The price could continue to rise if it clears the $0.5680 and $0.600 resistance levels. Cardano price is rising above $0.540 against the US Dollar, like Bitcoin. ADA price could rally further if there is...

Ethereum price is moving higher above the $2,500 resistance against the US Dollar. ETH price is now trading above $2,550 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $2,580 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,540 support zone. Ethereum price is rising above the $2,600 level against the US Dollar. ETH/USD could rise further if it clears the...

Two top executives of Swiss-based cryptocurrency custody provider Metaco have reportedly departed the firm less than a year after landing an acquisition deal with blockchain solutions company Ripple. According to a CoinDesk report citing a Ripple spokesperson, Adrien Treccani, Metaco’s founder and CEO, and CPO Peter DeMeo have left the firm. Metaco is yet to announce the employees who will fill in those roles. Metaco CEO and CPO Leave Firm Metaco has not revealed the reason...

Many industry experts have given their two cents on the future of the crypto market in the next 12 months, and most of them lean bullish. The most common reason is Bitcoin. In April 2024, the cryptocurrency will go through its pre-programmed halving, which will slash block rewards in half. This means that the supply available for miners to sell will effectively decrease by 50%. If the demand for it remains the same or it increases, the price will go up – that’s how markets...