Markets

Bitcoin’s price has yet to recover following the crash from $68K a couple of weeks ago. The cryptocurrency has been consolidating in a tight range, leaving market participants wondering about its future direction. BTC Price Technical Analysis By TradingRage The Daily Chart The daily chart shows that the BTC price has failed to climb back above the 200-day moving average, located around the $63K mark, after dropping below it earlier. The market is now consolidating around the...

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Die Postfinance erkärt Bitcoin: Wissenswertes über digitale Vermögenswerte Die Postfinance hat mittlerweile ein nettes Portal aufgeschaltet, wo die Postfinance den Kunden auf eine gute Art Bitcoin erklärt: https://www.postfinance.ch/de/privat/kampagnen/wissenswertes-digitale-vermoegenswerte.html Es gibt viele verschiedene...

Ethereum’s record low gas fees have receded to levels unseen for five years. Trends show Ether’s price increasing after such cycles. Ethereum’s gas fees have dipped to record lows, the lowest in five years. Transactions saw users paying gas of 0.6 gwei last week, a stark decrease from March’s 83.1 gwei, when the network witnessed tremendous usage, with the crypto market growing rapidly, marking a decline of about 95%. Gas fees reducing by this much can mean bullish action for Ether (ETH)...

While they are issued by smart contract blockchains with base layer currencies like Ethereum (ETH) and Solana (SOL), meme coins have fetched far greater gains in a shorter period of time than the most established cryptos. Bitcoin, for example, gained 347% from key price support at a Dec. 31, 2022 low level of $16,500 to an all-time high Bitcoin price of $73,800 on Mar. 14, 2024. Ether, meanwhile, gained 234% from a Dec. 31, 2022 low level of $1,200 to an all-time high...

Franklin Templeton, a prominent Wall Street asset management firm, has filed to launch a new exchange-traded fund (ETF) focused on major cryptocurrencies. The proposed Franklin Crypto Index ETF aims to offer investors exposure to Bitcoin and Ethereum under the ticker symbol “EZPZ.” This move highlights the growing interest from institutional investors in the cryptocurrency market. Moreover, it strengthens Franklin Templeton’s position in the expanding digital asset space. The Franklin Crypto...

A new pod of crypto whales has liquidated an enormous amount of their Binance Coin (BNB) holdings and invested in the ETFSwap (ETFS) presale, prompting other crypto watchers to take notice and follow suit.  ETFSwap (ETFS) Platform Has Strong Pull On Whales  The ETFSwap (ETFS) is the only crypto platform that tokenizes ETFs and presents the opportunity for major crypto investors to seamlessly participate in trading the approved crypto ETFs, like spot Bitcoin (BTC) and Ethereum (ETH)...

Blockchain technology is unique! Where else can you track the holdings of big investors in real time, check out their latest moves, portfolio values, and more? We’ve decided to dabble into some of the larger holders of one of the most popular meme coins in the market – Shiba Inu (SHIB) and stumbled upon an interesting finding. Government Holding Shiba Inu (SHIB)? Data from the popular crypto resource firm Arkham reveals that the US Government is one of SHIB’s large holders....

Turkey’s new crypto legislation has sparked an influx of 47 license applications. 76 crypto exchanges, including Coinbase and KuCoin, have applied for licenses in Turkey. Turkey has witnessed an enormous spike in interest from crypto companies seeking to enter the industry. The Turkish Capital Markets Board (CMB) has revealed that 76 cryptocurrency firms have sought licenses under the newly adopted legislation. Notable candidates include Bitfinex, Binance TR, and OKX TR.  Crypto Exchanges...

Republican presidential candidate Donald Trump has announced that Howard Lutnick, CEO of Cantor Fitzgerald, will co-lead his transition team if he is re-elected in 2024. Lutnick has been a significant figure in the financial services sector and a supporter of cryptocurrency. He will work alongside Linda McMahon, the former U.S. Administrator of the Small Business Administration. Trump’s vice presidential pick, J.D. Vance, and Trump’s sons, Donald Trump Jr. and Eric Trump will serve as...