Ethereum’s price is yet to continue its uptrend following a rejection from the $4,000 resistance level. But the bulls are now showing signs of strength, perhaps staging a more considerable recovery. Technical Analysis By TradingRage The Daily Chart As the daily chart depicts, Ethereum’s price has been making lower highs and lows inside a descending […]
Crypto markets have shown signs of recovery over the weekend but a busy week ahead on the economic calendar in the United States may refuel momentum for the bears. The Federal Reserve’s key inflation metric, which could impact monetary policy going forward, will be in the spotlight. Macroeconomics outlet the Kobeissi Letter highlighted the key
Will Crypto Market Momentum Continue on This Week’s Inflation Data? Read More »
Last updated: February 7, 2024 07:59 EST | 1 min read Source: DALL·E 3Although investments in Canadian fintechs slowed down in 2023, crypto and blockchain-related investments dominated the scene. KPMG’s global Pulse of Fintech report published Tuesday found that VC-backed investments comprised over three-quarters of all deals, totaling 83 transactions valued at $711m. Among these,
Canada Market Favors Crypto and Blockchain Investments Over Others in 2023 Read More »
Last updated: January 23, 2024 22:43 EST | 2 min read Source: iQoncept / AdobeThe stablecoin market capitalization has surged to its highest point in 11 months with increased network activity recorded at the start of the year. A recent market research by cryptocurrency analytics firm, CCData shows an increase in the stablecoin market as
Stablecoin Market Capitalization Soars to 11-Month High, Taps $134 Billion Read More »
Ethereum’s price has been on the rise over the last few months, breaking through resistance levels one by one. Yet, the cryptocurrency might have reached a potential turning point. Technical Analysis By TradingRage Ethereum Price Analysis: The Daily Chart On the daily chart, the market has been acting very bullish since breaking the 200-day moving
Bull Market Over for ETH Following Drop to $2.4K? (Ethereum Price Analysis) Read More »
Even with significant capital flowing into the recently introduced spot Bitcoin ETFs, the anticipated positive influence on BTC’s price is yet to materialize. Bitcoin experienced a decline of more than 5% following the approvals last week. In contrast, Ethereum recorded an almost 8% rise over the same period despite struggling to sustain the $2,600 level.
Ethereum’s Market Dominance Over Bitcoin Surges Double Digits Amid ETF Approvals Read More »
Last updated: January 11, 2024 22:59 EST | 2 min read Launchpad XYZ will use AI tools to rank and analyze digital assets for crypto traders after its ongoing $LPX presale period. Image by Supatman, Adobe Stock. Launchpad XYZ leaned into AI to build crypto trading tools before launching its native token $LPX, an AI
Market Watchers are Accumulating This Little-Known AI Crypto – Here’s Why Read More »
Last updated: January 11, 2024 13:16 EST | 1 min read Source: Adobe / 24K-Production The US-based crypto exchange Coinbase is facing increased competition and potential challenges to its market dominance following the approval of spot Bitcoin exchange-traded funds (ETFs) in the US. Notable asset management firms, including BlackRock, Franklin Templeton, and WisdomTree, are set
Coinbase’s Market Dominance Challenged by New Wave of Bitcoin ETFs Read More »
The volatile world of meme-based cryptocurrencies has witnessed surprising ups and downs. Shiba Inu (SHIB), known as the “Dogecoin killer,” gained attention in 2021 by briefly overtaking Dogecoin (DOGE) in the market cap. However, its momentum has waned in 2022 and 2023.Despite its $7 billion market cap driven by community enthusiasm and viral marketing, experts
Shiba Inu Market Cap To Be Taken Over by this Rival Token in 2024, Experts Reckon Read More »
Source: Adobe Bitcoin’s brief but sharp tumble toward $40,000, accompanied by a broader selloff in the crypto market, signals a potential deleveraging phenomenon rather than a fundamental news catalyst. On Monday, the largest cryptocurrency plunged as much as 7.5% to $40,521 before recovering some losses to trade 3.7% lower at $42,165 at the time of
Market Dip Indicates Deleveraging Rather than Fundamental News: Crypto Analyst Read More »
