Markets

Ethereum (ETH) price is currently retesting a crucial support/resistance zone around $2,130 with the bulls rejuvenated for a robust bullish breakout. The second largest digital asset by market capitalization Ethereum (ETH) has attracted notable attention amid the ongoing Web3 mainstream adoption fueled by institutional investors. The recent Ethereum spot exchange-traded fund (ETH) filed by the well-funded BlackRock Inc (NYSE: BLK), has sparked high interest for the undisputed smart...

Bitcoin cash is attempting a recovery wave from the $213 zone against the US Dollar. The price is now trading below the $230 zone and the 55 simple moving average (4 hours). There is a key declining channel forming with resistance near $229 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $229 and $230 to start a steady upward movement in the near term. Bitcoin cash price is rising from $213 against the US Dollar, like...

In his latest remarks, Kraken co-founder Jesse Powell spoke about the current state of the cryptocurrency industry amidst a backdrop of significant regulatory actions. Powell’s comments came shortly after a settlement between Binance and the U.S. Department of Justice, resulting in a $4.3 billion fine for Binance. Jesse Powell Critiques Regulatory Landscape In a recent post on X, Powell expressed his thoughts on the $4.3 billion fine settlement between Binance and the U.S....

The prospect of a regulated spot Bitcoin ETF has roused cryptocurrency investors into a frenzied bull run. They expect an ETF product to on-ramp millions of investors in structured broker-dealer accounts. Since March, Bitcoin (BTC) has traded in a range bound by support at $25,000 and resistance at the $30,000 level. As spot ETF rumors spread in October, the price surged from below $27,000 to above $37,000 by Nov 10. Meanwhile, investors added $366 billion to the overall...

Bitcoin is the largest cryptocurrency in the world by market capitalization, the blueprint on which all of the altcoins were created. Earning the designation of digital gold due to its ability to preserve value and act as a hedge in the face of inflationary pressures, Bitcoin went through a tough time in 2022, when the prices decreased by well over 60%. January 2023 was supposed to usher in a new era and return the values to their previous glory. However, this...

TL;DR Bitcoin (BTC) has seen a significant increase of over 120% since the start of the year, with Jim Cramer, host of CNBC’s “Mad Money,” recently suggesting that those interested in Bitcoin should consider buying more. Cramer’s past advice on Bitcoin has been inconsistent; in December 2022, he recommended selling crypto positions, calling them “awful,” but BTC’s value has since doubled. Earlier in 2022, Cramer incorrectly assumed the market correction was over and advised...

The new measures will be rolled out in phases, beginning in mid-2024. One of the incoming rules will ban the use of locally issued credit cards to purchase cryptocurrencies. In a bid to safeguard retail investors amidst the growing number of individuals engaging in digital asset usage, Singapore has taken steps to tighten crypto regulations. The Monetary Authority of Singapore (MAS) recently announced these new measures, aimed at curbing risky practices that often serve as incentivization...

After an impressive run along with the rest of the crypto market, Polygon’s native token – MATIC – lost approximately 15% of its value over the past week dragging its price to $0.77. Experts suggest that this level is far below the crucial support zone. If the price continues to stay below this range, there is an increased risk that these holders may begin selling to prevent substantial losses. According to prominent crypto analyst Ali Martinez, MATIC has fallen beneath a...

The crypto market has become part of the global financial landscape, with investors looking to purchase digital assets on different exchanges. However, for investors who value their privacy, buying crypto without completing a form of identity verification process can be challenging, especially with global regulators tightening their oversight of the industry. While the nascent sector is teeming with hundreds of projects that offer crypto trading and swapping services, very...

Dogecoin has climbed 1.93% today and is currently trading at $0.07622. However, it remains down 4% this week after the U.S. Department of Justice (DoJ) fined Binance $4.3 billion and its CEO resigned. Is this a good time to buy Dogecoin, or is it poised for further downside movement? Meanwhile, the new trending presale Meme Kombat continues to garner attention after blasting past $2 million. Dogecoin Pumps With Traders Bullish on Next Move Despite a recent pullback, Dogecoin...