Markets

Ethereum price is eyeing an upside break above the $2,265 resistance against the US Dollar. ETH price is now trading near $2,250 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $2,265 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,150 support zone. Ethereum price is consolidating above the $2,150 level against the US Dollar. ETH/USD could rise again...

TL;DR Arthur Hayes’ Highlight on BONK: BitMEX co-founder Arthur Hayes praised Bonk Inu (BONK) on Twitter, suggesting it could surpass Shiba Inu. BONK’s market cap stands at about $1.2 billion, compared to SHIB’s nearly $6 billion. BONK’s Growth Factors: ChatGPT indicates BONK could potentially overtake SHIB by building a strong community and maintaining hype. Its market cap recently reached over $2 billion. Key Drivers of BONK’s Surge: BONK’s 600% price increase in 30 days...

The new BRC-20 token standard has driven Bitcoin (BTC) transaction fees through the roof – and the network’s miners are reaping every satoshi as added profit. Data from the HashRate Index shows that the world’s largest Bitcoin mining pools have earned roughly one-third of their profits from transaction fees alone within the past three days. BRC-20: A New Source Of Miner Revenue Foundry USA – the largest mining pool boasting 26% of market share – has earned an average of 3.23...

Ethereum’s price has seemingly struck a significant obstacle following weeks of aggressive rallying. Yet, a further bullish continuation cannot be ruled out yet, as there are several support levels available to overturn the trend. Technical Analysis By TradingRage The Daily Chart On the daily chart, it is evident that the price has been rising consistently after a rebound from the $1,500 support zone. The large bullish flag has been broken to the upside, and the market has...

Bitcoin’s price has been consolidating recently, following months of bullish movement. The market is testing a key support level at the moment as things are getting tricky for a potential continuation to the upside. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been aggressively rallying since a break above the 200-day moving average back in October. Multiple resistance levels have been broken through, and the market participants are...

TL;DR SHIB to Spike Over 40%? Despite the ongoing market correction, the second-largest memecoin by market capitalization – Shiba Inu (SHIB) – is still approximately 15% up on a monthly basis (per CoinGecko’s data). Some analysts, including the one using the X (Twitter) handle Ali, believe a fresh rally in the near future might be in the cards. The analyst presented a chart of the social media platform, estimating that SHIB has a chance of a 45% price increase should it...

Adobe’s $20 billion bid to buy its competitor Figma has been officially terminated. Last year, Adobe Inc (NASDAQ: ADBE) revealed its plans to pay $20 billion in cash and stock to acquire Figma, a popular cloud-based design platform. This would have not only increased Adobe’s market share but also its market power, which causes concerns among regulators.  Now, Adobe and Figma have announced that they will be scrapping the deal due to the regulators’ concerns and demands. Adobe Exiting the...

Raiffeisen Schweiz Die Schweizer Digitalbörse SDX erhält Zuwachs: Mit Raiffeisen Schweiz schliesst sich eine der grössten Schweizer Bankengruppen der Handelsplattform an, wie aus einer Medienmitteilung vom Montag hervorgeht. Die von der Schweizer Finanzmarktaufsicht (FINMA) lizenzierte SDX betreibt eine Börse und eine Zentralverwahrung (CSD), welche auf der Distributed-Ledger-Technologie (DLT) basiert. Diese Mitgliedschaften positionieren Raiffeisen...

With the Bitcoin mining landscape gaining steam, the competition is heating up and the most positioned miners will be the biggest beneficiaries moving forward. Today the price of Bitcoin (BTC) is down. The major crypto asset is treading below $41,000 this morning. The main crypto stocks in the pre-market are also in the red zone. Coinbase Global Inc (NASDAQ: COIN) is down 3% and is trading at around $143. MicroStrategy Inc (NASDAQ: MSTR) stock is down over 3%, trading at $551. Marathon...

Stellar lumen price is gaining pace below the $0.125 support zone against the US Dollar. XLM price is now trading below $0.122 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.1220 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1185 support zone in the near term. Stellar lumen price is trading below $0.1220 against the US Dollar, like Bitcoin. XLM price...