Markets

Kathleen Breitman – Chief Executive Officer of the blockchain platform Tezos – thinks the ongoing cryptocurrency bear market is nowhere near its end. However, she believes a “small minority” of useful crypto applications will survive the challenging times and “thrive” in the future. The End of the Crypto Winter not Close Despite the recent revival of the cryptocurrency market, Breitman argued that the sector is far from starting a new bull run. In her view, enthusiasm and...

Paul Tudor Jones – who at one point was a major bitcoin and crypto fanatic – says he’s beginning to back away from more bitcoin buys, and he recommends other people do the same until the market can clear itself up somewhat. Jones Calms His Love for BTC Right now, his sentiment is that bitcoin and other forms of crypto are proving too volatile to be taken as seriously as they were last year given their prices have taken serious dives over the last several months. In a...

[PRESS RELEASE – Please Read Disclaimer] MEXC Global will list Hashflow on November 7, 13:00(UTC) with Binance together, and users will be able to trade their native token HFT(HFT/USDT). Meanwhile, MEXC has launched a deposit competition for HFT, and the total prize pool is 5000MX. MEXC / HASHFLOWHashflow (HFT) is a decentralized exchange that supports cross-chain interoperability. It can link users with professional market makers and aims to provide zero slippage, low GAS...

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Short-term sentiment surrounding bitcoin appears to have fallen to a new low. The move coincides with the crypto market experiencing its most bearish conditions since 2018. People Don’t Feel Great About Bitcoin Right Now The price of bitcoin has fallen by more than 70 percent since its all-time high of $68,000 per unit in November of last year. At the time of writing this article, bitcoin is trading in the low $19,000 range, and while this may be a nice little jump from...

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Solana price started a decent increase above the $28 resistance against the US Dollar. The price is now trading above $30.00 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $31.50 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $33.00 and $33.80 to continue higher in the near term. Solana price is trading above $31 against the US Dollar, similar to bitcoin. SOL could start a...

Mohamed El-Erian – Chief Economic Adviser at Allianz – thinks bitcoin will never emerge as a global reserve currency, and its price will not surpass the $100K milestone. Still, he believes the cryptocurrency sector will survive the ongoing bear market and remain a vital part of “the ecosystem of payments.” Bitcoin Isn’t Going to the Moon In a recent interview for CNBC, El-Erian described bitcoin as a technological innovation that reached its peak (nearly $70,000 in November...

The finalization of the Twitter-Musk deal triggered a massive price expansion for the first-ever memecoin, which has soared by nearly 100% in less than a week. As a result, DOGE addresses richer than $1 million surpassed 1,000 for the first time since April 2022. The cryptocurrency market has recently taken a breath of fresh air after several months of prolonged crypto winter, and Dogecoin has been at the forefront. The token’s price started surging on the news that Elon Musk...