Markets

Bitcoin price is trading below the $31,250 zone against the US Dollar. The price is now trading above $30,500 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $30,300 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $30,000 support zone. Bitcoin price is showing positive signs above $30,000 against the US Dollar. BTC might correct...

The fate of Bitcoin’s price throughout the rest of the year largely lies in the answer to one question: Will a Bitcoin spot ETF be approved in the United States? Joe Carlasare – a commercial litigator supporting Bitcoin – tweeted on Monday that he gives such a product a 30-40% chance of launching inside of a year. He later spoke with CryptoPotato to explain how he arrived at those numbers.  The Trouble With Grayscale’s Lawsuit According to Carlasare, the market’s best bet at...

According to data provided by Glassnode, long-term holders currently hold almost 14.5M bitcoin (BTC). LTHs have been on a gradual accumulation spree in the past year and a half despite the prolonged bear market.  Blockchain analytics firm CryptoQuant has recently revealed that institutional investors (hedge funds, pension funds, commercial banks, insurance companies, and more) have also shown an increasing appetite for holding the primary cryptocurrency in the long run. So...

Shiba Memu’s machine-learning marketing capabilities make it stand out from the pack of other meme coins in the crypto market. Early whispers suggest that it could become one of the most exciting meme coin in Web3, thanks to its doggone impressive in-built ability to promote itself, learn from its successes, and improve its AI marketing protocol over time. Meme coins always rely on their marketing campaigns to attract investors, so SHMU’s impressive self-promoting...

In the rapidly-evolving crypto market, a new contender has claimed the limelight – Pepe 2.0 ($PEPE2.0). This meme coin, inspired by the original Pepe ($PEPE), has stunned investors with its recent rise and it continues to climb, with its value rocketing 30% in the past 24 hours. As we explore the sudden rise of Pepe 2.0, we’ll also delve into the sea of meme coins to uncover which projects might follow in its footsteps. Pepe 2.0 Skyrockets & Outshines Established Meme...

Former CEO of software giant MicroStrategy Michael Saylor made an appearance at this year’s Miami Bitcoin Conference. He assured all people in attendance that bitcoin is here to stay, and that they shouldn’t worry about the prospects of a currency that, at this stage, has clearly proven itself. Michael Saylor Still Loves BTC Saylor addressed the 2022 bear market and tried hard to calm the investors in the room. Whether they felt concerned about the future of...

A new report by the cryptocurrency exchange Bitfinex revealed that the latest on-chain metrics and investor behavior suggest the crypto market may be ready for the next bull run. In the weekly edition of the Bitfinex Alpha report, the crypto exchange noted that Bitcoin’s Spent Output Profit Ratio (SOPR) and Net Unrealized Profit and Loss (NUPL) indicators have moved into the green, showing that almost all BTC trades have been profitable since the leading asset breached the...

CoinspeakerVoyager Creditors Receive $5.1M Bill from Law Firm for March-May Services McDermott Will & Emery has submitted a new bill of $5 million to Voyager creditors for the third interim, leading to a total over $16 million. Voyager Creditors Receive $5.1M Bill from Law Firm for March-May Services

ADA price is showing positive signs above the $0.280 zone against the US Dollar. The price is now trading above $0.285 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $0.2950 on the 4-hours chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.300 and $0.305 resistance levels. Cardano price is rising above $0.288 against the US Dollar, similar to Bitcoin. ADA...

Ethereum price is moving higher above the $1,880 resistance against the US Dollar. ETH price is now trading above $1,880 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $1,930 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it stays above the $1,900 support zone. Ethereum price is rising above the $1,880 level against the US Dollar. ETH/USD could rise further if it clears the...