Europe’s securities regulator is seeking input from stakeholders on the potential inclusion of crypto assets in a potentially massive market. The European Securities and Markets Authority (ESMA), the regulatory authority responsible for overseeing financial markets within the European Union, has recently initiated a comprehensive review of the regulations surrounding the Undertakings for Collective Investment in […]
TL;DR XRP’s price has shown moderate fluctuations, currently at $0.51. Analyst predictions suggest a potential rally if it breaks the $0.57 mark, with significant growth expected upon surpassing a major resistance at $0.67. The ongoing Ripple v. SEC lawsuit remains a pivotal factor for the asset’s valuation, with many industry participants expecting a decisive victory […]
SHIB managed to stop the downtrend this week. The SHIB price has been increasing throughout the seven days, so let’s have a quick look at a few reasons why and what may rest ahead. Key Support levels: $0.000022 Key Resistance levels: $0.000025 1. SHIB Holds Under Key Resistance Despite an assault from sellers, SHIB continues […]
Bitcoin whales have begun to make substantial BTC purchasing moves, signaling market participants’ entrance into a re-accumulation phase. According to a tweet by blockchain analytics platform Santiment, large investors holding 1,000 to 10,000 BTC collectively accumulated more than $941 million worth of the asset in the past 24 hours. Bitcoin Whales Accumulate BTC The amount […]
Ripple’s price has been consolidating over the last few weeks, failing to continue its recovery. Yet, there is still the probability for the market to rise higher. Technical Analysis By TradingRage The USDT Paired Chart On the USDT paired chart, the price has recently rebounded from the $0.4 support zone and climbed above the $0.5 […]
Following a modest bullish rebound from the substantial $59K support level, Bitcoin encountered selling pressure, retracing back to the critical 100-day moving average at $61K. The price action around this pivotal juncture is likely to dictate its next decisive move. Technical Analysis By Shayan The Daily Chart A thorough examination of the daily chart reveals […]
TL;DR XRP saw increased discussion rate, spurred by the SEC’s criticism of its upcoming stablecoin. The asset has been quite popular in the past few years due to the ongoing lawsuit between Ripple and America’s securities regulator. The Top 10 Club The market intelligence platform – Santiment – presented the top 10 cryptocurrencies that have […]
TL;DR Donald Trump now endorses cryptocurrencies, reversing his previous skepticism and promoting himself as the pro-crypto candidate in contrast to Joe Biden, who he claims opposes the industry. The meme coin BODEN, linked to Joe Biden, rose 40% in value, while MAGA, associated with Trump’s slogan, surged by 60%. BODEN and MAGA Flash Green The […]
In a recently published report by Bitwise, the leading crypto index fund manager, a striking comparison has been drawn between Coinbase and Amazon, highlighting a significant yet under-reported aspect of Coinbase’s business — the Base Layer 2 network. Titled “It’s All About That Base (and Other Thoughts on Coinbase),” the report authored by Matt Hougan […]
Bitcoin’s price troubles continued in the past 24 hours as the asset dropped below $62,000 and $61,000 to chart a 6-day low. Interestingly, not all altcoins have followed BTC on the way south, as some, such as TON and RNDR, have posted impressive gains of around 7% each. BTC Down to $61K The primary cryptocurrency […]