The price of Ethereum is picking up speed and surpassing the $3,120 mark, which previously acted as a resistance. Ethereum may persist in its upward trend unless it records a daily closing below $3,030. Ethereum extended its increase above the $3,150 resistance zone. The price is trading above $3,150 and the 100-hourly Simple Moving Average. … Read more
The price of Bitcoin continued to rise and surpassed the $66,000 mark, indicating a positive trend for BTC. It may encounter buying interest around the $65,500 level. Bitcoin gained pace for a move above the $65,500 resistance zone. The price is trading above $65,500 and the 100 hourly Simple moving average. There is a key … Read more
The Glassnode co-founders’ official account on X (previously Twitter), named Negentropic, has expressed optimistic views regarding the cryptocurrency market. Glassnode Cofounders: There Would Be A Massive Growth Beyond Recent Corrections Based on their assessment, the cryptocurrency market, aside from the top 10, referred to as “Others,” is exhibiting robust upward momentum and may continue to … Read more
Dogecoin, the well-known digital currency inspired by Internet memes, has shown robustness in the financial sector recently, gaining approximately 2.5% in value during the last 24 hours and touching a new trading mark at $0.1607. Some analysts like Altcoin Sherpa and Ali Martinez have expressed positive views about Doge’s future, implying that it could continue … Read more
Known cryptocurrency expert Lark Davis recently provided information about the realm of altcoins and Decentralized Finance (DeFi). He highlighted investments with greater risks but potentially larger rewards, as well as more established projects in this sector. While streaming live, Davis talked about the stocks he currently owned, making it clear that these markets come with … Read more
Based on current data, the Ethereum Open Interest has been sitting at comparatively lower figures in recent times. Let’s explore the potential implications for its price. Ethereum Open Interest Has Been Moving Sideways Since Its Plunge An analyst in a CryptoQuant Quicktake article noted that the number of Ethereum derivative contracts open for trading, often … Read more
Evidence indicates that a significant Ethereum (ETH) investor, believed to be Justin Sun, the founder of Tron, has been actively purchasing large amounts of ETH since late March. The total value of these purchases exceeds $405 million. Additionally, there is suspicion that another account associated with Sun has also made substantial ETH transactions this year. … Read more
Over the past two weeks, the value of Cardano‘s ADA token plummeted significantly. But as the market bounces back, there are signs of improvement for ADA. Analysts are optimistic about this trend continuing and one crypto expert, known as CobraVanguard, predicts an upward trend reaching around $1. Cardano Completes The ABC Wave The collapse of … Read more
Last week, Shiba Inu consistently traded above $0.000021 despite a continuous struggle between buyers and sellers. Notably, significant whale activity was observed in the network, as large amounts of SHIB tokens, totaling in trillions, were moved in and out of exchanges according to on-chain reports. Earlier this week, SHIB experienced a price drop due to … Read more
After the Bitcoin (BTC) halving occurred for the fourth time, significant shifts took place in the crypto market’s essential indicators. Based on recent advancements, Charles Edwards, an accomplished market analyst and Capriole Invest’s founder, has made daring forecasts suggesting a significant transformation in the Bitcoin market. Bitcoin Trading At ‘Deep Discount’ Edwards emphasizes that the … Read more