Markets

Bitgert is taking shape and looking good to set off to a new height in terms of value. It’s recorded some impressive positive movement in the last few weeks. It is one of the few projects that performed well in the brief dip that the crypto market experienced in the past week. Its strength is due to the provision of utilities that investors find essential to their survival in the blockchain sector. With this in place, demand for it has been on the rise, which...

Binance CEO Richard Teng has advocated for the release of Tigran Gambaryan, head of the crypto exchange’s Financial Crime Compliance team, who has been detained by the Nigerian government for over 70 days. Gambaryan reportedly flew to the country in February for talks on collaborative policy meetings, only to be detained later. This move by the Nigerian authorities has set a dangerous new precedent for all companies worldwide, Teng said in his statement. Arrest of Executives...

CoinspeakerBitMEX Unites Forces with PowerTrade to Launch Deribit Challenger BitMEX said its options trading platform will offer a full range of institutional-grade options for digital assets. BitMEX Unites Forces with PowerTrade to Launch Deribit Challenger

Layer 2 networks have witnessed massive activity this year, even as their native tokens slumped amidst intense volatility across the broader market. These solutions have witnessed relatively steady activity since the beginning of the year. However, the latest analysis by IntoTheBlock revealed that Base continues to be the primary attraction for new capital. Investors Flock to Base Over the course of this week, net ETH deposits into the Base have exceeded 6,500 ETH, marking a...

TL;DR Solana (SOL) has demonstrated strong recent performance, with analysts like CryptoJack predicting new peaks before the end of 2024. The growth of Solana has been accompanied by the success of various meme coins on its network, such as WIF, whose market cap briefly surged to nearly $5 billion. SOL Bulls Predict Fresh Peaks Despite being in the red today (May 8), Solana (SOL) has been among the best-performing cryptocurrencies lately, registering a 20% increase on a...

Following a bounce from the lower boundary of the current price range at $6.4, Polkadot experienced a surge, reaching the upper threshold, coinciding with a significant resistance area. Consequently, a slight rejection is anticipated, with the price targeting the lower part of the range. Technical Analysis By Shayan The Daily Chart Upon close examination of the daily chart, Polkadot is observed to be moving sideways, oscillating between the notable support level of $6.4 and...

CoinspeakerCrypto Veterans Secure $28 Million in Funding Round for Arbelos Markets Led by Dragonfly Currently, Arbelos operates offshore through the British Virgin Islands. The company is also seeking a regulatory license from financial authorities in the region to enable it to operate without restrictions in compliance with local laws. Crypto Veterans Secure $28 Million in Funding Round for Arbelos Markets Led by Dragonfly

CoinspeakerBitpanda Expands Austrian Presence via 55 Branches of Raiffeisen Bank Bitpanda crypto exchange and Raiffeisen Bank announced a strategic partnership earlier last year but initially focused on Vienna-based customers. Bitpanda Expands Austrian Presence via 55 Branches of Raiffeisen Bank

CoinspeakerCathie Wood’s Ark Invest Divests $15M Worth of Coinbase Stock The latest offloading of Coinbase shares comes amid the part of Ark's portfolio rebalancing. Coinbase still remains the third-largest holding for the company. Cathie Wood’s Ark Invest Divests $15M Worth of Coinbase Stock

Solana price started a downside correction from the $160 zone against the US Dollar. The price is now trading above $140 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $152 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $138 and $135 support levels to start another increase. Solana price is correcting gains from $160 against the US Dollar, like Bitcoin....