Trading

Bitcoin Ping Pongs at $30K as Synthetix (SNX) Leads Altcoin Rally: Market Watch

The cryptocurrency market failed to initiate anything of substance throughout the past 24 hours, with bears somewhat assuming control over the momentum. The total market capitalization dropped by around $12 billion during the period, where most major cryptocurrencies are trading in the red today. Bitcoin’s price is flirting with $30K, but this might be about to change soon, according to some analysts. Let’s dive in. Bitcoin...

BNB Holds Existing Support But Struggles Below $260 High

Cryptocurrency analysts of Coinidol.com report, the BNB price continues to range above the $220 support level. BNB price long term forecast: fluctuation range On July 13, buyers unsuccessfully tried to hold the price above $260. The barrier...

Will BTC Plummet to $28K or Explode Higher? 3 Factors to Watch (Bitcoin Price Analysis)

Recently, the market has been relatively uneventful, with Bitcoin’s price showing slight volatility but lacking a clear direction. This uncertainty has left traders puzzled about what the next move might be. However, if Bitcoin’s price breaks above the $30K resistance region, there might be a positive turn, leading to a potential long-term uptrend. Bitcoin Price Analysis By Shayan The Daily Chart Taking a closer look at the...

Terra Luna Classic volume slumps 20%, Terraform Labs Chris Amani replaces Do Kwon as CEO

Share: Terra Luna Classic trading volume is down 20% over the last 24 hours, bringing total monthly losses to 6%. The pessimism in the LUNC market comes as the COO steps up to replace Do Kwon, denying users a clean slate.   Chris Amani comes in as interim CEO to help execute the firm's vision for Terra's role within the broad...

BTC Tops $30K While Stellar (XLM) Skyrockets 23% Overnight: Market Watch

The market is mostly painted in green throughout the past 24 hours as the majority of cryptocurrencies are trading well in the positive. This includes both Bitcoin and altcoins. The best performer is undoubtedly Stellar’s XLM, which surprised with a 23% explosion, so let’s dive in. Bitcoin Tops $30K, but for How Long? Over the past few hours, the market has taken a positive turn, which allowed Bitcoin’s price to reclaim the...

El Salvador’s Bitcoin bet pays off as bonds surge 62% alongside BTC rally

Share: El Salvador’s junk-rated bonds have skyrocketed with Bitcoin’s price rally in 2023 after Fitch predicted a debt default in January.  The value of El Salvador’s bonds is up 62% in the past six months.  El Salvador’s bonds outperformed the Invesco Emerging Markets Sovereign Debt, as part of a market-wide trend seen in ju...

Weekly Cryptocurrency Market Analysis: XRP, XLM, SNX, BIT, SOL Continue Their Rise And Reach New Highs

Weekly cryptocurrency market analysis from Coinidol.com. XRP, Stellar, Synthetix, BitDAO and Solana in the top 5 gainers of the week. This week several cryptocurrencies broke above moving average lines and overhead resistance levels. Altcoins...

Optimism price failing to breach key barrier still proves to be profitable for 38k OP holders

Share: Optimism price noted a nearly 10% increase over the past day, attempting to breach the 200-day Exponential Moving Average (EMA). Despite being unsuccessful, the price marked a two-month high, translating to profits for the addresses that bought their tokens in the past 30 days. Unless OP declines going forward, about 1...

Bitcoin (BTC) Uncertain at $30K, Ripple (XRP) Eyes $0.8: Market Watch

After registering yet another multi-week low at $29,500 yesterday, bitcoin bounced off and tapped $30,000 earlier today. Most altcoins are with insignificant gains, aside from ADA, XRP, BCH, and XLM, all of which are up by somewhere between 2% and 8%. BTC Back at $30K Ever since last week’s massive gains, propelled by Ripple’s court win over the SEC, which took bitcoin to a 13-month high at $31,800, the landscape around the...

Litecoin whales pour $55 million in LTC accumulation less than 15 days from the halving

Share: Litecoin’s large wallet investors have accumulated 590,000 LTC tokens over the past 48 hours.  Whale wallets spent nearly $55 million within a two-day time period to increase their LTC holdings ahead of the upcoming halving.  The countdown timer indicates the LTC halving is less than 15 days away.  Litecoin is inchin...
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