Amid macroeconomic concerns and a hawkish stance from Fed officials, large Bitcoin whales accumulated $971 million worth of BTC in the past 24 hours despite a drop in trading volumes across exchanges. đł As #Bitcoin ranges tightly between $61K and $64K, large whales have made some accumulation moves over the past 24 hours. Wallets with […]
Cardano (ADA) is attempting a fresh increase above the $0.4500 resistance zone. ADA could gain bullish momentum if it settles above the 100 SMA (H4). ADA price is slowly moving high above the $0.450 zone. The price is trading below $0.480 and the 100 simple moving average (4 hours). There was a break above a […]
The first-quarter crypto trading volume of the well-known US-based stock trading application, Robinhood (HOOD), increased by 224% over the same period last year, reaching $36 billion. Robinhood Markets, Inc. just announced its financial results for the first quarter of 2024. Find our full performance and listen to our earnings call today at 5 PM ET […]
Ethereum price is extended losses and tested the $2,940 support. ETH could start a fresh increase if it clears the $3,000 and $3,030 resistance levels. Ethereum remained in a bearish zone and traded below the $3,000 level. The price is trading below $3,050 and the 100-hourly Simple Moving Average. There was a break above a […]
Bitcoin price extended losses and traded below the $62,500 zone. BTC is showing bearish signs and might turn bearish if it settles below $60,000. Bitcoin followed a bearish path and traded below $62,500. The price is trading below $63,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with […]
The legal spat between Ripple Labs with the Securities and Exchange Commission (SEC) regarding XRP, is heating up. The SEC is asking for a $2 billion fine against Ripple, but the recent films indicate that the judge is more likely to disagree will the request. SEC’s Case Relies on Weak Precedent Legal experts are criticizing the […]
Stablecoins market has significant growth prospects that will reach a size of $3 trillion by 2028 according to Ripple which is one of the leading companies in blockchain technology. Ripple itself plans to launch its own stablecoin in June. It is estimated that the stablecoin market could reach $3T by 2028. Understand the role stablecoins […]
In an impressive bipartisanship , the U. S. House voted for a resolution to disown a SEC rule that deals with the management of digital assets by the custodians of cryptocurrency. SEC bulletin, which doesnât require full process of rulemaking, is obliging companies to demonstrate accounts of crypto assets according to hard rules. Republicans were […]
If youâve always been curious about how to trade crypto options, youâve come to the right place. This is a series on crypto options trading where we share some basics as well as several ready-made strategies that you can implement today. Whether youâre a new crypto trader, an existing perps trader, or even an advanced […]
Since our last update on Pendle Finance, the project has experienced substantial growth. From 2023, its Total Value Locked (TVL) has consistently risen and then saw a dramatic surge at the start of 2024, increasing more than 19-fold to surpass $4.4 billion. Pendle now ranks as the eighth-largest decentralized application (dApp) by TVL in the […]