Markets

Ripple’s price is finally showing some bullishness following 4 weeks of downward movement. However, there are still some concerning signs on the charts. Technical Analysis By: Edris XRP/USDT Daily Chart The price has rebounded from the $0.43 support level, with the key 200-day moving average located around the same level. Currently, the 50-day moving average is being tested around the $0.47 mark, but XRP has yet to break above. If a bullish breakout were to occur, a rally...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin has been doing quite well as of late. The currency recently hit a price of $30K for the first time in about 11 months and the asset has shot up steadily since the beginning of the year. Sadly, this has not been enough to convince Warren Buffett – a long-time crypto critic – of its worth, and he’s...

After sitting below $27,000 for a few days, bitcoin finally jumped above that level in the past 24 hours but is yet to decisively reclaim it. Most altcoins are with insignificant gains on a daily scale, aside from the trending memecoin – PEPE. Bitcoin Uncertain at $27K Last week started on a positive note for bitcoin, which jumped to over $27,600 after the stagnant weekend. However, that was short-lived, and the asset retraced to below $27,000 in a matter of days. Another...

Bitcoin has been stuck in a range in the last few days following a rejection from the $30K resistance level. There are various points for market participants to look forward to in the short term. Technical Analysis By: Edris The Daily Chart On the daily timeframe, the price has been consolidating in a very tight range over the last week. This comes after the $30K resistance level rejected the market to the downside. The 50-day moving average was also broken down around the...

It’s been a turbulent few weeks in the meme coin market, with coins like Pepe, Wojak, and MIlady seeing huge price pumps before crashing, with most of these and similar tokens currently on a downturn. However, meme coin season certainly isn’t over, with other tokens still showing strong growth. Here are 5 of the most promising meme coins to watch right now. Copium (COPIUM) COPIUM is a brand new straight-to-DEX meme coin that has just launched on Uniswap and has already seen...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The effects of the 2022 bear market haven’t fully disappeared, it seems. There are many companies out there still dealing with the repercussions of those bearish ripples, the Gemini exchange in New York being a big one. Gemini Gets $100 Million from Its Founders Not long ago, it was announced that Gemini...

Aside from a brief pump and dump of around $500 yesterday, bitcoin has remained relatively stagnant at just under $27,000. Although generally more volatile by nature, the altcoins have also failed to produce any significant moves in the past day. Injective is among the few exceptions. Bitcoin Stalls Below $27K After the enhanced volatility at the end of last week, which resulted in BTC dumping to a two-month low of under $26,000, the cryptocurrency has been trading with a lot...

As Hong Kong takes center stage in the regional crypto business, local firms are trying to expand their customer base. One such firm, HashKey Group, is reportedly raising up to $200 million in funding to tap new opportunities. HashKey Eyes $200 Million in Funding Targeting a more significant share of the Asian crypto market, Hong Kong-based crypto financial service provider HashKey Group plans to expand its operations. The crypto investment fund is reportedly in early-stage...

Sportswear and footwear retail company Foot Locker took a beating in its Q1 2023 report after sustaining an 11% drawdown in revenue.  Foot Locker Retail Inc (NYSE: FL) plunged 25% following a big earnings miss in the Q1 2023 outing. For the first quarter of 2023, the sportswear and footwear retailer reported revenue of $1.93 billion versus the $1.99 billion analysts expected. In addition, the company realized earnings per share of 70 cents adjusted versus 81 cents expected. Following...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The picture above is a return test chart of a quantitative strategy. Before the back test week is 2021 to 2023, 25 months, the rate of return is as high as 7869%, which is equivalent to an annualized rate of return of 3779%, which is the annualized rate of return. The rate is close to 40 times. It’s time to...