At a panel talk on April 16, Jerome Powell, the Federal Reserve chairman, shared his perspective on adopting a cautious stance in monetary policy in the future. He further pointed out that the recent Consumer Price Index figures have not provided any definitive signal suggesting an imminent approach to the Fed’s desired inflation rate of … Read more
Over $74 million have been withdrawn from real estate betting platform Parcl built on Solana, following a token distribution event on April 15. This mass exit was triggered by the snapshot taken during the recent airdrop of Parcl’s native PRCL tokens to eligible participants. After the announcement, there was a rush among users to withdraw … Read more
In his most recent examination of Bitcoin, renowned crypto expert Christopher Inks identifies potential signs of a bullish Adam and Eve reversal pattern. This pattern, visible on the BTC/USD hourly chart, could significantly influence Bitcoin’s near-term price trend. The graph shows Bitcoin’s price fluctuation having a distinctive shape akin to two dips with a peak … Read more
With cryptocurrencies seeing increased price fluctuations, the spotlight is on a specific digital currency: Cardano (ADA). Currently, the price of ADA is $0.45 as I pen this down. In the last 24 hours, its value has decreased by 1.8%. Meanwhile, over the past week, there has been a significant drop of 21.9% according to Coingecko’s … Read more
XRP price is struggling to recover above the $0.5140 resistance. The price must stay above the $0.4550 support to attempt a fresh increase in the near term. XRP is attempting a recovery wave above the $0.450 zone. The price is now trading below $0.550 and the 100 simple moving average (4 hours). There is a … Read more
Ethereum‘s price at the current moment encounters several obstacles around the $3,200 mark. If Ethereum fails to surpass this level and also the resistance at $3,280, it may initiate a significant drop once again. Ethereum is struggling to recover above the $3,200 resistance zone. The price is trading below $3,200 and the 100-hourly Simple Moving … Read more
The cost of Bitcoin is currently holding steady just beneath the $65,000 mark, which serves as a significant resistance level. For Bitcoin to regain its bullish momentum, it needs to break through both the $65,000 and $67,000 thresholds. Bitcoin is struggling to gain pace for a move above the $65,000 resistance zone. The price is … Read more
Over the past few months, Worldcoin (WLD), the open-source project led by Sam Altman, has encountered growing legal issues. Portugal and Spain have taken action against Worldcoin’s biometric data collection methods, while Argentina has gone a step further by filing an indictment against the project due to reportedly abusive terms in user contracts. Worldcoin Faces … Read more
In simple terms, Bitcoin leads the way, and the upcoming halving is causing both anticipation and apprehension among investors. With just about three days left until Bitcoin’s fourth halving, market conditions have grown volatile, potentially influencing the cryptocurrency’s future value trend. Deciphering BTC’s Halving Patterns: Insights Into Pre-Event Price Behaviour Over the last week, the … Read more
The value of cryptocurrencies took a significant hit, causing most of the top 100 digital currencies to plummet in price. On Tuesday, Bitcoin, the foremost cryptocurrency, reached a low of $61,600. Industry insiders believe that prices could rise again once we get closer to the much-awaited Bitcoin halving event. Adrian Zduńczyk, an expert in cryptocurrency … Read more