Markets

In the cryptocurrency market where innovations continue to happen every day, investors are constantly looking for reliable options to put their money on to make huge profits. One such altcoin that is gaining popularity and is right now loved by investors is the Bitgert coin. Bitgert is a blockchain platform open to developers, businesses, and everyday users. It offers a secure foundation for building trustworthy applications. This is achieved through mechanisms...

ADA price is attempting a fresh increase from the $0.5690 zone against the US Dollar. The price is now trading above $0.620 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support at $0.650 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.690 and $0.700 levels. Cardano price is holding the $0.620 support against the US Dollar, like Bitcoin. ADA price could gain...

Bitcoin’s market is constantly changing and its high volatility stays as a magnet so that investors are ready to continue investing because of the opportunity of making big profits. Lately, the situation with Bitcoin has proven its volatility compared to other established currencies and the triggers that cause these fluctuations. Whether it’s a quick spike or a sharp decline, a grasp of the market mechanism behind Bitcoin’s movements is a must for an investor who...

Ethereum price is eyeing an upside break above the $3,700 resistance against the US Dollar. ETH price is now trading above $3,500 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $3,400 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $3,400 support zone. Ethereum price is consolidating above the $3,440 level against the US Dollar. ETH/USD could rise...

How close is the current “Bitcoin cycle” to its bull market peak? History suggests it could be closer than most think. Lead Glassnode analyst James Check showcased a chart on Monday comparing Bitcoin (BTC)’s price action over the last three years to that of other Bitcoin epochs after touching their respective all-time highs. The Bitcoin Cycle Top, According To Glassnode By Check’s measure, Bitcoin is effectively in the same position it was back in December 2020. At the time,...

Base, Coinbase’s layer-2 blockchain initiative for reducing Ethereum transaction fees, seems to be witnessing massive demands of increased network activity. As a result, its TVL also rose sharply, hitting a new milestone, surpassing $2 billion this week. One of the major reasons for the surge in activity of Base was the activation of the Dencun upgrade. Base’s TVL Growth According to data from L2Beat, Base’s current TVL stands at $2.27 billion, increasing by over 230% YTD....

CommEX, a crypto exchange that previously took over Binance’s operations in Russia after it decided to exit the country, has revealed its intention to cease operations in the country. Binance had initially announced its departure from Russia in September 2023, stating that the process would take approximately one year to complete. CommEX Announces Gradual Wind-Down of Operations In a post on X, CommEX Russia mentioned that the exchange will wind down operations gradually...

CoinspeakerBinance Labs Invests in StakeStone amid Growing Interest in Restaking Sector Investing in advance­d restaking protocols aligns with Binance Labs' strategic focus on this domain. Binance Labs Invests in StakeStone amid Growing Interest in Restaking Sector

CoinspeakerCrypto Market Records First Outflow in 7 Weeks Worth $942M Despite the market sentiment, altcoins sparked investor interest, resulting in a net inflow of $16 million. Crypto Market Records First Outflow in 7 Weeks Worth $942M

The Nigerian government has slammed the world’s largest cryptocurrency exchange, Binance, with four counts of tax evasion charges as the saga between the entities deepens. According to a report from local media Premium Times, the Federal Inland Revenue Service (FIRS) filed the charges at a Federal High Court in the nation’s capital, Abuja, on March 22, the same day Nadeem Anjarwalla, one of the Binance executives detained since February, escaped from the custody of the...