Markets

ADA price is gaining bearish momentum below the $0.325 support zone against the US Dollar. The price is now trading below $0.320 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.3110 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.325 resistance zone. Cardano price is struggling below $0.320 against the US Dollar, similar to Bitcoin. ADA...

Ethereum price is struggling below the $1,900 resistance against the US Dollar. ETH price is now trading below $1,880 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $1,880 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it stays below $1,880 and $1,900. Ethereum price is declining below $1,900 against the US Dollar. ETH/USD remains at a risk of more downsides below...

Do the present lawsuits against Binance and Coinbase raise any red flags? A law professor at Rutgers University named Yuliya Guseva believes they do, and she thinks it’s highly unlikely nations like the U.S. will be able to dole out proper regulation before financial agencies do irreparable damage. Yuliya Guseva on the State of Crypto in America In a recent interview, Guseva said: The future of crypto-asset regulation in the U.S. is not fully predictable. Right...

CoinspeakerBinance, Bybit, OKX and Other Crypto Exchanges List Newly Launched Worldcoin (WLD) Token The WLD token is experiencing a remarkable start, gaining significant attention among crypto exchanges. Binance, Bybit, OKX and Other Crypto Exchanges List Newly Launched Worldcoin (WLD) Token

The cryptocurrency market has remained relatively calm over the past couple of weeks, with Bitcoin stuck between the $29000-$30000 price range. However, major tokens are starting to show slightly bearish sentiments, with BTC now down 3.7% in the last 7 days. The negative outlook is more pronounced in Pepe coin as the token has depreciated nearly 14% over the past week. However, while Pepe struggles, new meme token Evil Pepe Coin is showing bullish growth, having raised over...

With bitcoin sliding further below the $30,000 line, the value of liquidated positions has increased to almost $150 million on a daily scale. As expected, most were from long positions, with the largest one taking place on OKX. It was less than two weeks ago when the primary cryptocurrency was riding high following Ripple’s partial court victory against the SEC. BTC, along with the rest of the market, soared to new multi-year peaks. However, the market failed to maintain its...

CoinspeakerBank of America Highlights Uncertainty in Ripple vs SEC Ruling The recent court ruling in the Ripple Labs and SEC case has prompted Bank of America to reiterate its differentiation between the trading of blockchain-native crypto tokens and tokenized traditional assets.  Bank of America Highlights Uncertainty in Ripple vs SEC Ruling

Stellar lumen price started a downside correction from the $0.180 zone against the US Dollar. XLM price is now trading above $0.1450 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.160 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.160 and $0.1675 resistance levels. Stellar lumen price is trading above $0.150 against the US Dollar, similar to...

Ripple price started a downside correction below the $0.820 zone against the US dollar. The price is now trading below $0.80 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.738 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.750 resistance. Ripple price is consolidating near $0.720 against the US Dollar, similar to Bitcoin. XRP price...

The United States Securities and Exchange Commission (SEC) has reportedly put six spot Bitcoin exchange-traded fund (ETF) applications under review, marking the first step before officially approving or rejecting them. Finance giants, including BlackRock and Fidelity Digital Assets, have recently displayed ambitions to launch such ETFs, infusing enthusiasm in the crypto space and positively affecting the market. Waiting for the Next Step As reported by Reuters, the US...