Markets

Bitcoin (BTC)’s supply and demand dynamics suggest that the asset could surge as high as $180,000 by April 2024, according to a research note from Fundstrat on Monday. The forecast – which precedes the U.S. central bank’s next meeting – largely rests on a Bitcoin spot ETF being approved in the United States, which the markets research firm suspects will blow apart BTC’s current price equilibrium. The Impact Of A Bitcoin ETF At present, Fundstrat finds that Bitcoin experiences...

Ethereum’s price has once again failed to break above the psychological resistance level of $2,000. While the PA has been bearish over the past few days, there is hope that the market might rebound soon. Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has been dropping since getting rejected around the key $2,000 level. The 50-day moving average is providing support near $1,850 at the moment. However, if it breaks down, the 200-day moving...

Bitcoin’s price has recently fallen below the key $30K support level. Despite this, investors still have hope that the market will rebound. Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has been consolidating above the $30K level before dropping below it. The 50-day moving average, located around the $29K mark, is currently providing support for the price. If this level holds, the market will be more likely to rally toward the $38K resistance...

Ripple faced strong rejection when attempting to breach the significant resistance region at $0.55. Currently, it’s challenging to identify Ripple’s direction due to the choppy price action. The most likely scenario seems to be a consolidation phase for the mid-term. Technical Analysis By Shayan The Daily Chart Analyzing the daily chart reveals that Ripple faced significant rejection upon reaching the crucial resistance zone at $0.85. This indicates robust selling pressure...

As the world’s second largest digital currency by market cap, Ethereum has made quite a name for itself over the last several years, but according to founder Vitalik Buterin, the asset is not going to do well in the future unless it makes a few changes. Vitalik Buterin on the Later Success of ETH In a blog post called “The Three Transitions,” Buterin said Ethereum is going to need “to evolve around transitions in Layer-2 scaling solutions, a move to smart contract...

CoinspeakerJapan PM Reaffirms Web3 Stance, Binance Poised for Return Meanwhile, Binance is preparing to launch its service on a new Japanese platform next month. Japan PM Reaffirms Web3 Stance, Binance Poised for Return

CoinspeakerAdidas (ADS) Stock Jumps 6% after Strong Yeezy Sales and Trimming Losses Adidas is able to alleviate the impact of operational losses as the clearance of the massive Yeezy inventory takes turn for the good. Adidas (ADS) Stock Jumps 6% after Strong Yeezy Sales and Trimming Losses

CoinspeakerWorldcoin Unveils Its Whitepaper Stirring Concerns Over Token Supply During the token's launch, the circulating supply was limited to 143 million tokens, with 43 million of the asset reserved for early adopters and 100 million provided as loans to non-US market makers. Worldcoin Unveils Its Whitepaper Stirring Concerns Over Token Supply

CoinspeakerXRP Becomes White Knight of Crypto, Thwarts Regulation Woes Despite the surge in the crypto market, Ripple's legal victory does not guarantee smooth sailing for XRP or the broader altcoin sector. XRP Becomes White Knight of Crypto, Thwarts Regulation Woes

CoinspeakerTSMC to Capitalize on AI Boom with $2.9B Investment in Advanced Chip Packaging Plant According to Taiwan’s official Central News Agency, “the rapid growth of the artificial intelligence (AI) market has driven a surge in demand for TSMC’s advanced packaging.” TSMC to Capitalize on AI Boom with $2.9B Investment in Advanced Chip Packaging Plant