Wednesday , June 26 2024
Home / Markets (page 330)

Markets

Bitcoin Cash Analysis: Key Breakout Resistance Sits At $118

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash is attempting a recovery wave above the $112 resistance against the US Dollar. The price is now trading above the $114 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $116 on the 4-hour chart of the BCH/USD pair (data feed from...

Read More »

New Meme Coin Wall Street Memes Presale Hits $2M: Could it be The Next Pepe?

Meme coins continue to reign supreme in the market, with tokens like Dogecoin and Shiba Inu demonstrating the incredible power of retail traders. The latest to join this exciting market is Wall Street Memes (WSM) – a new community-driven token that has already amassed over $2 million through its presale. Given its early success, Wall Street Memes is already being compared to the ultra-popular Pepe coin, which produced exponential returns for investors in mid-April. Early...

Read More »

Understanding Token Burns And Why They Are Becoming So Popular For Crypto Projects

The cryptocurrency market has boomed over the past decade, with many tokens boasting billion-dollar valuations. With such exponential growth in the market, many would expect many of the thousands of tokens to fail or continually drop in value, but that rarely happens, especially amongst the top 100 tokens. The value of some of these tokens is controlled with the help of burning tokens. Since the beginning  of crypto, many projects have adopted this mechanism to induce...

Read More »

Tether (USDT) Market Cap Breaks May 2022 ATH Level of $83.2 Billion

Tether (USDT), the world’s largest stablecoin, achieved a groundbreaking milestone by surpassing its previous all-time high market cap of $83.2 billion, a record set back in May 2022. This remarkable feat further cements Tether’s unrivaled dominance in the rapidly expanding stablecoin market, which currently totals an astonishing $130 billion, with USDT’s market cap surpassing the combined value of its closest competitors. USDT Breaks 2022 Market Cap ATH According to a blog...

Read More »

Macy’s Shares Drop after Reporting Mixed Q1 2023 Earnings and Lowered Its Full-Year Outlook

Macy’s noted that Nike will return to its stores, starting from October this year. Macy’s Inc (NYSE: M), an American conglomerate holding company that engages in consumer goods, released its first-quarter earnings results on June 01. According to the announcement, Macy’s reported net sales of $4.98 billion during the first three months of the year (Q1 2023), which represented a decline of approximately 7 percent YoY basis. However, analysts surveyed by REFINITIV expected the company to...

Read More »

Tether (USDT) Hit New Market Cap ATH as Adoption Grows

USDT has become the most traded stablecoin, especially after the de-pegging of Circle’s USD Coin (USDC) earlier this year.  United States-dollar-backed stablecoin Tether (USDT) has hit an all-time high in its market capitalization based on existing market data. The new milestone has helped Tether exceed its previously set all-time high of $83.2 billion which was announced back in May 2022. USDT is currently the third largest cryptocurrency by market cap which at the time of writing is...

Read More »

Crypto Exchange Gemini Seeks Operational License in UAE After European Expansion

Gemini is looking to expand its business offerings across the UAE as regulators begin to accept applications for VASP licensing. Leading cryptocurrency exchange Gemini has announced its plans to secure a license in the United Arab Emirates (UAE) to tap into the surging interest in digital assets in the region. The move aligns with the company’s commitment to catering to the evolving needs of investors and its plans to strengthen its position in the global crypto market. In a blog post...

Read More »

Von Tellerwäscher zum Millionär: Inspirierende Geschichten von Menschen, die mit Bitcoin-Trading ein Vermögen gemacht haben

Der Aufstieg von Bitcoin und anderen Kryptowährungen hat eine Vielzahl von Menschen dazu inspiriert, in diese aufstrebende Branche einzusteigen und ihre finanzielle Zukunft zu verändern. Unter ihnen gibt es faszinierende Geschichten von Menschen, die von bescheidenen Anfängen aus gestartet sind und mit Bitcoin-Trading ein beträchtliches Vermögen aufgebaut haben. Diese inspirierenden Erfolgsgeschichten zeigen, dass es möglich ist, aus eigener Kraft und mit der richtigen Strategie große Gewinne...

Read More »

EOS Price Analysis: Key Support Intact Near But Bearish Signs Emerge

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up EOS price started a downside correction from the $0.930 resistance against the US Dollar. The price is now trading near $0.875 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.9020 on the 4-hour chart of the EOS/USD pair (data feed from...

Read More »

Litecoin (LTC) Price Analysis: Bulls Face Uphill Task Near $94

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Litecoin started a downside correction from the $95 zone against the US Dollar. LTC price is now trading above $88 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $92 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair...

Read More »