Markets

Ethereum’s price has been dropping recently, following a second rejection from the $4,000 resistance level, and it has yet to recover. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been making lower highs and lows since failing to break the $4,000 level to the upside a while ago. The market has also broken below the 200-day moving average, around the $3,100 mark. The price is currently retesting the 200-day moving average but is seemingly...

Shares of Bitcoin mining company IREN, formerly known as Iris Energy, tumbled by 24% on the Nasdaq following a report from short-seller firm Culper Research. The paper, released on July 11, labeled the company as “wildly overvalued” and suggested its stock should be valued 52-79% lower than its current market price. HPC Plans and Underinvesting Following the report, according to Google Finance data, IREN’s shares fell 24.5% to $10.36 before partially recovering to $11.20 by...

The cryptocurrency market has gone through a considerable rollercoaster in the past seven days, with the price action being as volatile as it can get. At the time of this writing, the total capitalization settled at around $2.5 trillion, up 3.5% during that period. Bitcoin wasted no time and, on July 7th, pushed above $58K for the first time this week. The bears intercepted the move immediately and, on the following day, pushed it back below $55K, where buyers found a quick...

Sausage-shaped sensation WienerAI (WAI) has entered the home stretch of its presale phase. With less than three weeks left, investors are clamoring to gain exposure to this AI-powered meme coin before it hits the open market. WienerAI’s Trading Bot Offers an AI-Powered Edge WienerAI (WAI) isn’t just another hype-driven meme coin. It also has some serious artificial intelligence tech on offer. WienerAI’s core feature is an AI trading bot aiming to be the “ChatGPT of crypto...

Litecoin’s network processes a whopping $2.85 billion in transactions, which is over 50% of its market cap. This surpasses the transaction volume of many prominent Layer 1 blockchain networks and potentially demonstrates an increased level of whale activity. For example, Dogecoin has a market capitalization nearly three times that of Litecoin. However, despite its higher market cap, the popular meme coin has a much lower volume of large transactions, with approximately $590...

The cryptocurrency market is buzzing with excitement as Pepecoin (PEPE) initiates a massive upswing. This significant rise in Pepecoin’s (PEPE) price has not only captured the attention of investors but also set the stage for other promising tokens to ride the bullish wave. Among these, Mpeppe (MPEPE) is preparing to capitalize on the positive market momentum, gearing up for a bullish pattern that could offer substantial returns for its investors. Pepecoin (PEPE)’s Massive Upswing...

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The Cryptocurrency Market: Mixed Signals and Emerging Opportunities The cryptocurrency market has been experiencing mixed signals in recent times. Similarly, Binance Coin (BNB) and Polkadot (DOT) are witnessing price declines potentially triggered by broader political uncertainties. Conversely, analysts are voicing optimism for Clandeno (CLD), a project currently conducting its Initial Coin Offering (ICO) which is garnering investors’ attention because of its promising decentralized...

Argentina’s advance to the Copa America finals has almost doubled the market value of the country’s fan token, ARG. The token’s price has increased by over 65% in the last 24 hours, making it the second-largest soccer coin by market value. ARG Token Soars by Over 65% According to CoinGecko data, the price of the ARG token has increased by 98.8% over the past week, reaching $2.34, its highest level since May 30. At the time of writing, the token was trading at $2.34 and was up...