Markets

With the crypto market beginning to rebound, keeping on top of the latest tokens with the potential for explosive growth has become crucial for investors. YouTube influencers have become increasingly popular among the various sources available, offering insights and analysis that can help viewers make better trading decisions. In this article, we discuss four new coins with high price potential that have recently been reviewed by crypto influencers –...

Ripple’s price has been gradually declining, forming lower highs and lows against both USDT and BTC. Despite this, investors can still be optimistic, as a potential rebound from the nearby support level is possible. Technical Analysis By Edris The USDT Paired Chart The price has been going through a bearish trend on the daily timeframe against USDT. The 200-day moving average, located around the $0.5 mark, is currently acting as resistance, preventing the price from rising...

Brian Armstrong – the CEO of Coinbase – and Jack Dorsey, who now runs Block Inc. and is the former head of social media giant Twitter, are teaming up in the name of bitcoin and the Lightning Network. Jack Dorsey and Coinbase: The Perfect Match? The Lightning Network was initially created to aid bitcoin with its unending array of transactions. Traffic has become so common and heavy atop the BTC ledger that things have really slowed down in recent years, and fees...

The US Securities and Exchange Commission (SEC) has claimed that Binance has failed to provide sufficient documentation despite previously agreeing to expedited discovery. BAM, the organization responsible for Binance’s US affiliate, has submitted approximately 220 documents. However, the SEC’s legal representatives have alleged in a new filing that many of these documents consist of “unintelligible” screenshots and lack essential dates or signatures. Binance-SEC Courtroom...

The cryptocurrency market has remained mostly flat for the past 24 hours, and Bitcoin has been unable to make a move throughout the period. However, this might as well be a stepping stone and a preparation for an attempt at $27K. Most of the altcoins have remained flat with certain exceptions, so let’s dive in. Bitcoin Preparing for $27K? Bitcoin’s price has failed to produce anything of substance throughout the past 24 hours and remains largely situated around where it was...

Coinbase, one of the most popular crypto exchanges, continues its expansion journey with the official launch of its Web3 wallet designed to facilitate transactional interactions for major institutions with Web3, DeFi, and NFTs. Per Coinbase’s statement, this crypto wallet will rely on MPC tech to enable clients to store tokens from supported networks, access funds, interact with dApps and smart contracts, and tap into decentralized liquidity to trade a wide range of assets....

The latest market manipulation report from Solidus Labs, specializing in crypto-native trade surveillance and risk monitoring, has identified wash trading activity of at least $2 billion worth of cryptocurrency on Ethereum-based decentralized exchanges (DEXs) since 2020. Solidus Labs Exposes Wash Trading in DEXes Solidus Labs analyzed a sample of approximately 30,000 DEX liquidity pools and found that wash traders manipulated 67% of them. Wash trading refers to traders...

Shiba Inu is getting ready for the next bull run. In a new post, the content strategist of the project, Lucie, took it to X to calm the community while also talking about the team’s future plans. Let’s dive in. SHIB Readying for a Bull Run The content strategist of the Shiba Inu ecosystem – Lucie – took it to X to talk about future plans while also making some clarifications to calm the community down. …There’s no need to worry. The market is the market, and FUD is just a...

There’s been an interesting ongoing discussion among XRP aficionados on Twitter lately, with some laying arguments as to what the future of Ripple should look like so that it supports the company’s vision, as well as that of XRP holders. A community member, Yassin Mobarak, took it to X to comment: I’m sensing Ripple is shifting from reliance on XRP in cross-border payments to new use cases such as institutional custody of digital assets, derivatives, CBDCs, and carbon credit...

Bitcoin’s price has been consolidating above the $25K support level following the recent drop from the key $30K zone. However, for the price to reach a new high and break past $30K, there is still much work to do. Technical Analysis By Edris The Daily Chart On the daily chart, the price has been rejected from the $25K support level and is trending higher. Yet, the 50-day and 200-day moving averages around the $28K mark are two significant resistance levels that the market...