Trading

Recent Bitcoin price crash triggers whales to scoop BTC at discount

Share: Bitcoin price trades at $26,443 after reaching a low of $24,825 on June 15. The sudden crash prompted whales to take action and scoop BTC at a discount.  Active stablecoin deposits have also spiked, showing that sidelined buyers are also interested. Bitcoin price saw a sudden sell-off on April 19 and has been crashin...

Aptos (APT) Explodes 20% Weekly, Bitcoin (BTC) Stalls at $26.5K (Weekend Watch)

Bitcoin has finally calmed and remained relatively stagnant on a daily scale at around $26,500 after the massive volatility experienced during the business week. Most altcoins are in a similar state with insignificant daily gains or declines, aside from APT, which is up by 6% today. BTC Stalls at $26.5K Last weekend was quite uneventful for the primary cryptocurrency, aside from a brief pump and dump at around $26,000. As s...

Binance issues legally enforceable order to scammer entity amid ongoing battle with US SEC

Share: Nigerian SEC released a circular on June 9 stating the illegality of Binance Nigeria Limited in the country. Reportedly, the entity mentioned in the circular is not affiliated with Binance Exchange. Binance.com has issued a cease and desist notice to the fraudulent entity "Binance Nigeria Limited." Binance Exchange h...

Crypto Markets Add $60B in 2 Days as BTC, ETH Jump 4% (Weekend Watch)

Bitcoin registered two consecutive days of price increases for the first time in a while as it pumped from under $25,000 to just shy of $27,000 within this timeframe. ETH’s performance is rather similar, as the second-largest crypto now sits at $1,750. Most other altcoins are in the green as well. BTC Soars to Weekly High The SEC’s lawsuits against Binance and Coinbase took their toll on the cryptocurrency market, with BTC ...

Quant Recovers But Struggles With Resistance At $120

The price of Quant (QNT) is rising as it makes two attempts to break through the $120 resistance level. Quant long-term price forecast: bullish The current downtrend is over after the bears retested the $100 support level twice, but the bu...

BlackRock Files for Bitcoin Spot ETF, BTC Dropped to 3-Month Low as Fed Pauses Interest Rate Hikes: This Week’s Recap

There aren’t too many favorable developments within the cryptocurrency community lately. It all started last Monday when the US SEC decided to begin a legal battle against Binance and doubled down on its crackdown against large crypto exchanges by suing Coinbase the very next day as well. Expectedly, these rather unexpected events led to massive price crashes for the majority of crypto assets. Nevertheless, many managed to ...

Bitcoin Shot Up $1K Following BlackRock’s BTC ETF Filing (Market Watch)

Bitcoin slumped hard yesterday to a new multi-month low, but the favorable news coming from the world’s largest asset manager pushed it north by over a grand. Most altcoins have also turned green today, with ADA, LTC, DOGE, and SHIB recovering somewhere between 2-4%. BTC Eyes $26K The primary cryptocurrency’s price dropped hard last Friday from almost $27,000 to under $26,000. The weekend was slightly more positive and less...

Ripple Crashes On Hitting The Low Of $0.41 Again

Ripple (XRP) is falling below the moving average lines from June 14. Long-term forecast for Ripple price: bearish The price of XRP rallied on June 13 when it surpassed the moving average. The rally was stopped at the high of $0.56, so it wa...

Tezos price to potentially rebound from March lows as indicators exhibit a change in trend

Share: Tezos price action differed from most of the altcoins as the token did not witness a drawdown in the last few days. MACD and RSI indicate the potential of a recovery that would push XTZ back up to $0.883. Falling through the support of $0.711 would invalidate the bullish thesis, bringing the altcoin close to a four-yea...

ETH, XRP, ADA, LTC Nosedive 6% as Crypto Markets Shed $40B Daily (Market Watch)

Shortly after the US Fed’s announcement about pausing the interest rate hikes, bitcoin took a sharp turn south and dropped to a multi-month low. Most altcoins are in even worse shape, with ETH, XRP, ADA, DOT, LTC, AVAX, and many others dumping by 5-7%. BTC Slumps Below $25K Last week didn’t go all that well for BTC, despite its recovery on Tuesday following the lawsuits from the SEC against Binance and Coinbase. As the week...
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