Markets

Ethereum, alongside the rest of the crypto market, experienced a notable resurgence in the past several weeks, with its price jumping to a 19-month peak at $2,400. This comes amid growing anticipation regarding the approval of a spot ETH ETF in the States. However, the second-largest blockchain network has not seen its user count increase, which leads to the question of whether ETH’s price will climb further should that change. No New Users for Ethereum As mentioned above,...

Der Binance P2P-Marktplatz ist eine Plattform, die es Nutzern ermöglicht, Kryptowährungen direkt miteinander zu handeln, ohne dabei eine zentrale Börse als Vermittler zu nutzen. P2P steht für „Peer-to-Peer“ und beschreibt das dezentrale Natur dieses Handelsmodells. Mit dieser Funktion hebt sich Binance von all den grossen Bitcoin-Börsen hervor. Hier ein Überblick, wie der Binance P2P-Marktplatz funktioniert: 1. Anmeldung und Verifizierung Um den P2P-Service von Binance nutzen zu können,...

Bitcoin resumed its bull run in the past 24 hours and neared $45,000 for the first time since May 2022 but failed to overcome that level. Nevertheless, numerous altcoins have outperformed BTC, with ADA, DOT, and AVAX standing out as the most prominent examples. BTC Came Close to $45K Last Saturday, precisely a week ago, BTC became its most recent run resulting in nearing $40,000. After failing to overcome that level at first and trading below it on Sunday, Monday started with...

Bybit and OKX have achieved record highs in their combined Derivatives market share. According to the latest Exchange Review by CCData, Bybit now holds an aggregated market share of 11.94%, while OKX dominates with 20.2%, totaling over 32% in November. This surge in market share comes when industry giant Binance is experiencing a decline in its dominance despite an overall increase in trading volumes. Binance Leads in Derivatives Volume as OKX, Bybit Show Growth November has...

Five months after Ripple’s resounding legal triumph over U.S. regulators, the company’s cryptocurrency has shed virtually all of its former gains against its digital competitors. The XRP/BTC price ratio has returned to its level from prior to July 13, after which XRP rallied against the market’s leading crypto asset by ~80% within a week. Back To Reality For XRP In mid-July, U.S. district Judge Analisa Torres ruled that XRP sales on the secondary market did not constitute...

The past week was particularly explosive in the crypto markets, the capitalization of which increased by close to $200 billion. Currently standing at $1.7 trillion, the industry shows little signs of slowing down. Starting with Bitcoin, its price exploded by some 14.3% over the past seven days and it’s currently trading around the $44K mark. The bulls have tried to push it above that level but have so far been unsuccessful. It’s worth noting, however, that the bears also...

Bitcoin cash is eyeing a fresh increase above the $252 resistance against the US Dollar. The price is now trading above the $240 zone and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $250 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $250 and $252 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $240 against the US Dollar,...

Litecoin started a steady increase above $72 against the US Dollar. LTC price is now trading above $73.50 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $74.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $76.20 and $78.00 resistance levels. Litecoin price is showing positive signs above $72 against the US Dollar, like Bitcoin. LTC price...

TL;DR XRP’s Modest Gains: XRP has underperformed in the recent crypto market rally, rising only 5% compared to larger gains by Bitcoin, Ether, and Solana. Bullish Predictions: One analyst anticipates a potential “Golden Cross” for XRP, suggesting a future price surge, possibly up to $1.50 if it surpasses the $0.75 resistance level. Signs of a Slowdown: Despite optimistic forecasts, XRP is experiencing a downturn in transaction activity and some analysts warn of possible...

Analysts are bullish on Bitcoin’s chance of rally and are suggesting that the king coin may have begun a rally and could hit $50,000 in weeks. A Bitcoin analyst has said that Bitcoin (BTC) is already displaying signs of an early bull market, while another predicts $50,000 this month. This means that BTC could end the year considerably higher than its current price of $43,573, according to CoinMarketCap. Bitcoin has gained more than 13% in the past week, continuing its bull rally. According...