The Hong Kong Securities and Futures Commission (SFC) has given its green light to several Bitcoin and Ethereum exchange-traded funds (ETFs) from well-known fund managers such as China Asset Management, Bosera Capital, HashKey Capital Limited, and Harvest Global Investments. This approval is a major step forward for the growing crypto market in the region. Hong … Read more
The excitement within the cryptocurrency world is palpable as the upcoming Bitcoin halving event draws near. While most people are focusing on Bitcoin itself, XRP, the native token of Ripple, has suddenly become a topic of great interest. The token’s past price trends, recent legal decisions, and various forecasts from experts have sparked a sense … Read more
The price of Solana dropped and approached $110. Currently, the SOL price is attempting to recover losses that were incurred above $140, but it’s encountering obstacles around the $160 resistance level. SOL price gained bearish momentum and declined below $150 against the US Dollar. The price is now trading below $160 and the 100 simple … Read more
The Ethereum price dropped more than 10% and reached a low point around $2,550. However, it has since bounced back and surpassed the $3,000 mark. Now, Ethereum is encountering several challenges as it hovers around $3,200. Ethereum is attempting a recovery wave from the $2,550 support zone. The price is trading below $3,250 and the … Read more
The price of Bitcoin dipped significantly due to escalating tensions between Israel and Iran. It dropped to around $60,500 and is now making an effort to rebound. Bitcoin is attempting a recovery wave from the $60,500 support zone. The price is trading below $65,500 and the 100 hourly Simple moving average. There is a key … Read more
Ethereum, like many other cryptocurrencies, is going through a price drop due to broader industry trends. This decline has been worsened by geopolitical tensions in the Middle East, causing market instability. Despite this, most cryptocurrencies are losing value, including Ethereum. However, large investors, or “whales,” are taking advantage of the situation by buying more assets, … Read more
Over the last 24 hours, Dogwifhat (WIF) experienced a significant drop in price, falling approximately 20%. This decline follows a longer-term trend initiated in late March, resulting in a substantial loss of around 40%. Analysts Raise Concerns: ‘It Needs To See A Vet’ The significant decrease in price has led some analysts to express worry, … Read more
In simple terms, the cryptocurrency market is currently experiencing a downtrend, with coins such as Avalanche (AVAX), Ethereum, Litecoin, XRP, Solana, and others following this trend. At present, AVAX’s price is on a significant downward slide beneath its 100-day Moving Average (MA) and may continue to decrease before potentially bouncing back. Technical Indicators Suggest A … Read more
A cryptocurrency expert, who correctly predicted the market’s lowest point in 2018, is currently scrutinizing Solana. He believes that Solana’s price will hit a low point soon and then aims to determine its next significant level once it recovers. Solana To Rise Above $200 After Hitting This Bottom On his Wednesday post on the ex-Twitter … Read more
The Bitcoin community is buzzing with anticipation as we get closer to the final days before the highly anticipated 2024 bitcoin halving takes place. This significant event has everyone talking and guessing about what might happen next in the world of cryptocurrency. Based on information from Santiment, social media is filled with lively debates about … Read more