Markets

The meme coin market is now again getting popularized by the recent achievement of Bitcoin’s ETF. Ever since Dogecoin started booming through Elon Musk’s tweets and an increase in value of 2,000% in a short period of time, there has been a second wave consisting meme coins with substance. The Ascent of BEFE: A Meme Coin that Actually Has Worth In this sector driven largely by hype and influencers, BEFE Coin offers something different. It gained lots of attention...

ADA price is attempting a fresh increase from the $0.4180 zone against the US Dollar. The price is now trading below $0.500 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance at $0.4420 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.4600 and $0.480 levels. Cardano price is holding the $0.4420 support against the US Dollar, like Bitcoin. ADA price...

Ethereum price started a downside correction from the $3,220 resistance against the US Dollar. ETH price is now trading near $3,080 and the 55 simple moving average (4 hours). There was a break below a key rising channel with support at $3,125 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $3,220 resistance zone. Ethereum price is declining below $3,150 against the US Dollar. ETH/USD remains at a risk of more...

Coinbase cryptocurrency exchange and its CEO, Brian Armstrong, are facing a new lawsuit from a group of plaintiffs from California and Florida alleging that they were deceived into purchasing unregistered securities. This is not the first of Coinbase’s legal hurdles following the United States Securities and Exchange Commission (SEC) lawsuit from mid-2023. Lawsuit Alleges Coinbase Sold Unregistered Securities The new class action lawsuit was filed in the United States...

In the ever-evolving world of cryptocurrencies, staying updated with the latest market dynamics is crucial for investors aiming to capitalize on the next big opportunity. Recent developments in the cryptocurrency sector highlight significant movements in Solana (SOL), Ethereum (ETH), and Furrever Token (FURR), each offering unique challenges and opportunities for growth. This article delves into these cryptocurrencies, analyzing their current market statuses and...

CoinspeakerGrayscale (GBTC) Sees 5% Jump after $17.46B Consecutive Outflow The rece­nt influx of $63 million offers a glimmer of hope­ for the Grayscale Bitcoin Trust. This positive trend coincides with a broade­r upswing in the cryptocurrency market. Grayscale (GBTC) Sees 5% Jump after $17.46B Consecutive Outflow

Robinhood Markets Inc. has become the next crypto trading platform to receive a threat of legal action from the Securities and Exchange Commission (SEC), adding to the sizable list of industry giants on the agency’s hit list. In a Form 8-K filed on Saturday, the company said it received a Wells Notice from the SEC on May 4. Allegations Against Robinhood Specifically, SEC staff disclosed that they’d reached a “preliminary determination” to recommend the agency to file a...

TL;DR DOT experiences a 10% weekly price surge, with bullish predictions suggesting potential spikes to $10 and beyond, particularly if it surpasses certain key resistance levels. Analysts previously envisioned further impulses for the asset, with forecasts ranging from $15.80 to a staggering $100. How High Can DOT Jump? Polkadot’s native cryptocurrency – DOT – has been among the best performers in the digital asset market lately, registering a 10% price increase on a weekly...

CoinspeakerCrypto Thefts on Coinbase’s Base Chain Rose by 145% in April The Base chain appeared to be targeted more in April as a report states a 145% monthly increase in crypto thefts. Crypto Thefts on Coinbase’s Base Chain Rose by 145% in April

CoinspeakerAustralian Court Backs ASIC in Legal Case against Qoin Scheme ASIC’s legal victory underscores its ongoing efforts to combat illegal crypto activities in Australia, safeguard investor interests, and ensure the integrity of financial markets. Australian Court Backs ASIC in Legal Case against Qoin Scheme