Markets

CoinspeakerChinese New Year Can Fuel Bitcoin Price Rally Further, Analysts Eye $51,000 On average Bitcoin price has rallied by 11% during the Chinese New Year. Analysts also expect the pre-halving market rally to continue with BTC price going to $51,000. Chinese New Year Can Fuel Bitcoin Price Rally Further, Analysts Eye $51,000

Bitcoin cash is eyeing a fresh increase above the $250 resistance against the US Dollar. The price is now trading above the $240 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $240 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $250 and $258 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $240 against the US...

The newly launched SMOG Token is diving headfirst into the Solana ecosystem with a unique airdrop utility to bring a novel theme to the bustling blockchain. The project fairly launched through a Jupiter liquidity pool, which went live at 16:00 UTC on February 7th. The mystique behind $SMOG caused a wave of early buying as the project shows the hallmarks of an expert Web3 team, pushing the market cap for the token beyond $1 million in its first hour. The swift success of SMOG...

Ripple has been enduring a consistent downtrend characterized by low volatility and a lack of momentum in its price movement. However, it has recently found itself at a pivotal support region near the $0.50 mark, potentially poised for a phase of sideways consolidation before its next significant move. By Shayan The Daily Chart Upon a close examination of the daily chart, Ripple’s price trajectory reveals a gradual decline, resulting in its arrival at a crucial support...

Ethereum’s recent price action has seen it find support around the critical 100-day moving average, signaling a shift in market sentiment from bearish to bullish. ETH has embarked on a bullish retracement and has now reached a pivotal resistance region, setting the stage for its next move. By Shayan The Daily Chart A comprehensive examination of Ethereum’s daily chart unveils a shift in market sentiment, with the significant 100-day moving average at $2225 providing robust...

CoinspeakerSpot Bitcoin ETFs Record Nine Consecutive Days of Inflow, Fidelity Leads BlackRock and Fidelity continues to see inflows for their spot Bitcoin ETFs eating the market share from Grayscale as GBTC continues to bleed amid high management fees. Spot Bitcoin ETFs Record Nine Consecutive Days of Inflow, Fidelity Leads

CoinspeakerUS Lawmakers Are ‘Very, Very Close’ to Finalizing Stablecoin Deal, Says Maxine Waters Waters said a deal with the feds, to create some oversight in the US stablecoin market, has been worked out. US Lawmakers Are ‘Very, Very Close’ to Finalizing Stablecoin Deal, Says Maxine Waters

CoinspeakerBinance Introduces Pixels (PIXEL) as 46th Project on Launchpool PIXEL serves as the native utility and governance token within the Pixels ecosystem, facilitating various functions such as NFT minting, VIP membership, Guild participation, quality-of-life upgrades, and governance of the community treasury. Binance Introduces Pixels (PIXEL) as 46th Project on Launchpool

CoinspeakerCoinbase Estimates Blockchain Could Have Saved Americans $74B in Credit Card Fees The exchange thinks that the current financial system in the US is expensive for an average American. Coinbase Estimates Blockchain Could Have Saved Americans $74B in Credit Card Fees

EOS price is eyeing a fresh increase from the $0.678 support against the US Dollar. The price is now trading above $0.700 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.700 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise if it clears the $0.730 and $0.736 resistance levels. EOS price is recovering above $0.700 against the US Dollar, like...