Markets

Ripple price started a downside correction from the $0.740 zone against the US dollar. The price is now trading below $0.660 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $0.620 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase unless there is a close below $0.580. Ripple price is consolidating near $0.600 against the US Dollar, like Bitcoin. XRP price...

In the past few days, Bitcoin (BTC) has fallen from its newly recorded highs to levels not seen in a week, triggering millions in liquidations. Analysts have revealed that the Coinbase Bitcoin Premium Index flashed a bearish signal before BTC slumped. According to an analysis by CryptoQuant, the Coinbase Premium Index dipped below 0.05 some hours before the price of BTC fell more than 7% to $66,000 on Friday and even further on Sunday. Coinbase Premium Flashes Bearish Signal...

Despite the most recent retracements in the crypto markets, the overall trend in the past several months has been quite bullish, leading to a new all-time high for Bitcoin and a multi-year peak for Ethereum. Consequently, their market capitalizations increased as well a lot lately and that made them some of the largest financial assets by that metric. But where exactly does Ethereum stack up? ETH in the Top 25 CryptoPotato frequently reported Bitcoin’s progress as the asset...

This weekend doesn’t resemble the previous few, which were a lot less volatile, as the primary cryptocurrency has dumped hard to a ten-day low of under $65,000. The alternative coins are also well in the red, and the total crypto market cap has lost over $100 billion daily and more than $300 billion in the past few days. BTC Dumps Hard Monday began on a high note as BTC soared from $67,000 after retracing on Sunday evening to over $70,000 to register a new all-time high. The...

The current bull run is still in the early stages but this might just be the most explosive one yet if experts are to be believed. And memecoins have always been a high-risk high-reward investment. Andrew Kang, crypto trader and co-founder of crypto-focused venture capital firm Mechanism Capital, believes that memecoins will outperform every other digital asset in this bull cycle because the tokens are pure and upfront speculative vehicles. But which coin will be...

The bulls are back in action in the crypto market, and every price action adds to the rising market cap. Despite the correction, the Bitcoin euphoria hasn’t died, with the halving scheduled for April next month. As Bitcoin completes its first bull cycle even before the halving, it is time for the altcoins to test their potential to climb the price charts. If you are seeking windfall gains in this bull run, the blue-chip tokens like Bitcoin and Ethereum cannot...

In a world that is continuously changing with time, cryptocurrencies like Bitgert have come into play. A lot has been said about its fame in the crypto world and its journey to this point has been interesting. It has achieved this by first treating people as humans by ensuring zero fee on every transaction made through it leading to a triumphant rise of BRISE its token. Understanding Bitgert Bitgert is distinguished from other cryptocurrencies because it does not...

BNB Chain has launched a Rollup-as-a-Service (RaaS) solution that aims to enable large-scale Dapps, enterprises, and BNB Chain itself to construct customized Layer 2 solutions. The latest move aligns with BNB Chain’s 2023 roadmap, which involves expanding the ecosystem with a secure multichain strategy, among other aspects. BNB’s Rollup-as-a-Service (RaaS) Solution According to the official press release, RaaS targets Dapps and blockchain ventures, providing a cost-efficient...

The markets are rallying exuberantly for BTC for a couple of reasons this March. Institutional investors bought deep after the SEC opened up Wall Street access to Bitcoin price exposure through custodial spot ETFs. That only adds to the scarcity shock with the supply halving coming up next month. However, many blockchain crypto trading strategists think it is hard to overstate the importance of the ETF approvals by the Securities and Exchange Commission. The new paradigm does...

The Solana blockchain has become the home of many new and popular meme coins that have garnered the community’s attention during this bull cycle. This has pushed not only their prices up but also SOL’s. The latest such craze is called BOOK OF MEME and was launched earlier this week. It quickly skyrocketed by triple and quadruple digits in days and has now entered the top 100 cryptocurrencies by market cap after a Binance listing. CryptoPotato reported earlier that a savvy...