Markets

It seems that with the bitcoin and crypto markets doing so poorly as of late, crypto fanatics and traders are doing all they can to potentially make themselves feel better about the situation(s). Thus, the new narrative for bitcoin is not that it’s a hedge against inflation or that it’s digital gold. Rather, most crypto traders are telling themselves that “a bitcoin is a bitcoin.” Bitcoin Is What It Is What does that mean, exactly? Well, it seems to mean exactly what it...

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Michael Saylor – the CEO of institutional bitcoin bull and software giant MicroStrategy – has announced that he thinks bitcoin has what it takes to reach a price of $500,000 per unit within the next ten years and reach a market cap of roughly $10 trillion. Michael Saylor Still Thinks BTC Will Survive Saylor was confident in his proposal that bitcoin could potentially outdo gold, which up to this stage has been the primary investing tool for most individuals looking to...

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Aptos, the so-called “Solana Killer,” has been the most heavily discussed topic in the past couple of days. The protocol had previously vouched for being able to handle up to 160,000 transactions per second (TPS), and its native cryptocurrency, APT, is about to hit major exchanges in hours. Now, traders are flocking to the market, but it’s the wrong one. The price of the native cryptocurrency of Apricot Finance (APT) has soared by a whopping 70% today in an otherwise...

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ADA price failed to surpass the $0.420 resistance and declined against the US Dollar. The price is now trading below $0.400 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.392 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.350 support zone. Cardano price is struggling below $0.40 against the US Dollar, similar to bitcoin. ADA price could...

Ethereum price is showing positive signs above the $1,300 level against the US Dollar. ETH price is now trading above $1,300 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1,290 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,340 resistance zone. Ethereum price is rising above the $1,300 level against the US Dollar. ETH/USD could rise further if it clears...

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Changpeng Zhao (CZ) – CEO of Binance – called out a Reuters journalist on Monday over a handful of “accusations” they’ve made against the exchange over the past several months.  The executive said the reporter has written several articles about Binance based on anonymous sources, and that they recently crossed into “indefensible territory” with their line of questioning.  Binance and Binance U.S. The most recent article that Binance took issue with, titled “How Binance CEO...