Markets

Bitcoin cash price started a fresh decline below the $265 zone against the US Dollar. The price is now trading below the $255 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $250 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $265 resistance zone. Bitcoin cash price is declining below the $255 zone against the US Dollar,...

The cryptocurrency exchange BitMEX announced that it had extended its collaboration with one of the most successful Italian soccer teams – AC Milan.  This could be considered another proof that the company continues its recovery following the prolonger bear market last year when it laid off employees and saw its CEO resigning from his post. Renewing the Partnership BitMEX disclosed that it has transitioned to a Premium Partner of AC Milan according to the new terms. The...

The landmark victory for Ripple in its lawsuit against the U.S. Securities and Exchange Commission (SEC) may have ignited a bull market for neighboring altcoins, according to a recent report from CryptoQuant. The crypto market intelligence firm provided a series of stats reflecting growth in altcoin market activity over the past week, versus relative stagnancy within the Bitcoin (BTC) and Ethereum (ETH) markets. The Return of Alt Season When analyzing price performance based...

CoinspeakerJohnson & Johnson Reports Better than Expected Q2 2023 Earnings, JNJ Shares Up Slightly The pharmaceutical segment reported the highest sales with about $13.71 billion, followed by MedTech with a total sales of about $7.78 billion, and the remaining accrued from the consumer health segment. Johnson & Johnson Reports Better than Expected Q2 2023 Earnings, JNJ Shares Up Slightly

CoinspeakerAmerican Airlines Raises Earnings Outlook for 2023 as Travel Demand Soars The report noted that American Airlines’ second-quarter performance exceeded Wall Street expectations. American Airlines Raises Earnings Outlook for 2023 as Travel Demand Soars

Recently, the market has been relatively uneventful, with Bitcoin’s price showing slight volatility but lacking a clear direction. This uncertainty has left traders puzzled about what the next move might be. However, if Bitcoin’s price breaks above the $30K resistance region, there might be a positive turn, leading to a potential long-term uptrend. Bitcoin Price Analysis By Shayan The Daily Chart Taking a closer look at the daily chart, a bearish double-top pattern is visible...

The meme coin market frenzy shows no signs of slowing, meaning opportunities for huge gains are always around the corner. One recent example is $BITCOIN, a new meme coin that has generated huge gains for early investors. As traders revel in the success of $BITCOIN, a new player called BTC20 has entered the market, generating speculation as to whether it could become the next breakout star. Traders Cashing In on Explosive New Meme Coins with $BITCOIN Leading the Way...

It’s been a hectic few days in the meme coin market, with Baby Doge 2.0 exploding by over 100%. At the same time, the original Dogecoin has seen an uptick in momentum, with the coin’s price breaching the $0.07 level. Traders are also turning to the brand-new meme token Evil Pepe Coin, drawn to its intriguing concept and potential for explosive growth. Baby Doge 2.0 Takes Meme Coin Market by Storm With Huge Pump Baby Doge 2.0 ($BABYDOGE2.0) is a new token that mimics the...

EOS price is trading in a bearish zone below the $0.785 support against the US Dollar. The price is now trading near $0.760 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.770 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise toward the $0.78 and $0.80 resistance levels. EOS price is struggling below $0.80 against the US Dollar, like Bitcoin. The price...

Litecoin is showing bearish signs and trading below $100 against the US Dollar. LTC price is now trading below $95 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $93.80 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $95 resistance zone. Litecoin price is struggling below $95 against the US Dollar, similar to Bitcoin. LTC price...