Markets

Stellar lumen price is attempting a fresh increase from the $0.115 zone against the US Dollar. XLM price is now trading above $0.120 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $0.120 on the 4-hour chart (data feed via Kraken). The pair could start a decent increase if there is a clear move above the $0.1285 resistance zone. Stellar lumen price is trading above $0.120 against the US Dollar,...

Ripple price is facing resistance near the $0.550 level against the US dollar. The price is now trading below $0.520 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.5120 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.535 and $0.550. Ripple price is struggling below $0.550 against the US Dollar, like Bitcoin. XRP price must...

In late July, the price of bitcoin endured a harsh dip after news came about that the Federal Reserve was on the verge of making another big (and tough) financial decision likely to affect Americans. Why Can’t the Federal Reserve Chill Out? For the most part, bitcoin had been trading above $30,000 in July, though things took a nasty turn following the announcement and the world’s number one digital currency by market cap slipped into the $29K range. Right now, it...

Ethereum’s recent market performance has seen an unexpected and sharp rejection from the $1.8K resistance level, triggering a significant downward trend that broke down both the pivotal 100-day and 200-day moving averages. This development is a clear, bearish signal for Ethereum’s mid-term prospects. Technical Analysis By Shayan The Daily Chart Following a notable drop from the critical $1.8K resistance zone, Ethereum’s price dipped below the critical 100-day and 200-day...

A few days ago, the U.S. Court of Appeals for the D.C. Circuit ruled in favor of digital asset management company Grayscale Investments in its lawsuit against the Securities and Exchange Commission (SEC). The court ordered the agency to review its rejection of Grayscale’s application to turn its flagship Grayscale Bitcoin Trust fund (GBTC) into a spot Bitcoin exchange-traded fund (ETF). This caused an uproar in the community as crypto assets, including bitcoin (BTC), surged...

After several days of enhanced volatility, including a pump and dump for over $2,500 in each direction, BTC has finally calmed on a daily scale and stands close to its familiar ground of around $26,000. Most altcoins are also a lot less volatile now, with UNI being among the few with substantial increases over the past day. BTC Calms at $26K Several weeks of mostly sideways trading came to an abrupt halt on Tuesday when Grayscale recorded a massive court victory over the SEC...

Jesse Pollak – the protocols lead for popular digital currency exchange Coinbase – believes that everyone on Earth will be introduced to blockchain and crypto within the next seven years. Coinbase Rep Thinks Everyone Will Be On-Chain in Seven Years In an interview, Pollak recently stated: Our feeling is that there’s so much growth ahead of us. We have less than ten million people on-chain today. There’s going to be eight billion people on-chain over the next...

The cryptocurrency market and its prices constantly evolve, with volatility and market sentiment changing rapidly. The impact of external factors, particularly government operations, is a subject of curiosity and concern. The unrealized loss in the U.S. banking system amounts to a staggering -$1.8 trillion, with a capital of only $2.2 trillion. While corporate taxes are due on Sept. 15, and there is a possibility of a government shutdown on Oct. 2, the average person is...

Bitcoin’s price performance continues to be somewhat surprising given the positive news that came from Grayscale’s court victory over the SEC earlier this week, and the asset fell to a new multi-month low. The altcoins also fell in the past 24 hours once again, except for TONCOIN, which is in a league of its own. BTC’s Latest Drop CryptoPotato reported the positive developments in the crypto market earlier this week when a US judge ruled in favor of Grayscale in its lawsuit...

Five Ethereum liquid staking providers have implemented or are gearing up to implement a self-imposed restriction, pledging not to own more than 22% of the ETH staking market. This move is aimed at safeguarding the decentralization of the Ethereum network. According to Ethereum core developer Superphiz, Rocket Pool, StakeWise, Stader Labs, and Diva Staking are the staking providers that have already adopted or are actively pursuing this self-imposed limitation. Superphiz was...