Bitcoin’s price has entered a sideways consolidation phase following a notable surge toward the $52K resistance level, leaving market participants uncertain about its next direction. However, a short-term correction seems likely. Technical Analysis By Shayan The Daily Chart Analysis of the daily chart reveals a prolonged bull market for Bitcoin, characterized by its upward movement […]
Despite positive developments such as the approval of Bitcoin spot ETFs by the U.S. Securities and Exchange Commission, Bitcoin’s price encountered significant rejection, resulting in a notable 17% decline. However, as the cryptocurrency approaches a crucial support region, there is potential for a renewed bullish movement. Technical Analysis By Shayan The Daily Chart Analyzing the
Technical Analysis By TradingRage Ethereum’s price has been on the rise for the past few months, breaking above several resistance levels. Yet, the market is currently consolidating around the $2,000 mark, failing to continue its bullish momentum. The Daily Chart On the daily timeframe, the price has been consolidating around the $2,000 level after getting
Is ETH About to Plunge Deeper Below $2K? (Ethereum Price Analysis) Read More »
Technical Analysis By Shayan Following a breakout above the 100 and 200-day moving averages, Ripple’s price gained momentum and embarked on a robust uptrend, approaching its previous daily swing high. If the current surge continues, it could target the critical resistance region around $0.8. The Daily Chart Upon careful examination of the daily chart, Ripple’s
Is XRP About to Skyrocket to $0.8? (Ripple Price Analysis) Read More »
Technical Analysis By Edris Bitcoin’s price has recently surged above the key $30K resistance level, following a rebound from the $25K support zone. However, a correction seems probable in the short term. The Daily Chart On the daily chart, the price has broken through the $30K resistance level and has aggressively rallied toward the $35K
The bankrupt cryptocurrency exchange has staked close to $170 million in several crypto assets, including Solana, Ethereum, and MATIC. Blockchain data revealed that the defunct platform has staked over 5.5 million SOL and more than 24K ETH. FTX Move to Staking Staking is primarily the practice of locking up cryptocurrencies on a blockchain network to
FTX Stakes About $170 Million in SOL, ETH, and MATIC Amidst SBF’s Trial Read More »
Finance Ministers and Central Bank Governors (FMCBGs) from G20 nations, under the Indian Presidency, have announced unanimously adopting the ‘G20 Finance Ministers and Central Bank Governors Communique’ during its meeting in Marrakesh, Morocco. This comes a month after the G20 member nations accepted the crypto regulatory roadmap outlined in a collaborative report titled “IMF-FSB Synthesis
Here’s What You Need to Know About Crypto Regulatory Roadmap Approved by G20 Read More »
