Trading

Top 3 cryptocurrencies defying negative sentiment after Fed’s hawkish pause: UNI, ALGO and Terra LUNA Classic

Share: Bitcoin, Ethereum prices plunged after the US Fed signaled additional interest-rate increases  before the end of 2023. Uniswap, Algorand and Terra LUNA Classic price saw gains  amid a broad market decline.  UNI’s release of v4 code, Algorand’s recent partnerships and Terra Classic’s release of v2.1.1 parity upgrade hav...

Coinbase CLO challenges SEC’s congressional action on DEXes registration

Share: Coinbase CLO says it is impossible to demand that decentralized exchanges register with the SEC. According to Paul Grewal, the move could change the definition of an exchange and how digital assets are regulated. The comment comes after the regulator extended the comment period for a proposed rule change in the Securit...

BNB Recovers 5%, BTC Remains Calm at $26K After CPI Announcement (Market Watch)

Bitcoin’s price went on a small rollercoaster yesterday following the US CPI announcement but ultimately calmed at around $26,000. The altcoins were more volatile, with BNB jumping by 5% following the rejection of the SEC’s emergency request to freeze Binance.US’ assets. BTC Goes Up and Down Following the enhanced volatility at the start and the end of last week, bitcoin had predominantly calmed at around $26,000 and was ex...

Weekly Cryptocurrency Market Analysis: Altcoins Crash And Lose Critical Support Levels

Cryptocurrencies have traded and fallen into oversold territory in the market. CHZ, FLOW, and SAND have all dropped drastically and have now hit the bottom of the chart. Essentially, cryptocurrencies have continued to lose value this week in...

Top 3 cryptocurrencies seeing uptick in social volume: Ethereum, XRP, Binance Coin

Share: Bitcoin network’s social volume has declined, making way for Ethereum, XRP and Binance Coin.  Altcoins continued their recovery by varying degrees with rising confidence from crypto market participants.  BNB price rallied 10% in response to the Binance hearing, which will be updated on Thursday.  Social media attenti...

Litecoin price gears for a rally as LTC market cap hits $6 billion

Share: Litecoin price indicates a brewing recovery rally after tagging a crucial accumulation zone. Despite the broader market gloom, LTC market cap has hit $6 billion, solidifying the Bitcoin fork’s 12th position on CoinMarketCap. The altcoin’s year-to-date performance bolsters this outlook, up by around 15%, with its one-ye...

SUI Explodes 16% Daily, Bitcoin Shaky at $26K (Market Watch)

Bitcoin has finally calmed after the recent enhanced volatility and stands relatively stable at $26,000. The altcoins have turned green on a daily scale today, with BNB recovering 5% since yesterday’s multi-month low. BTC Back at $26K Last week was highly volatile for the primary cryptocurrency, which dumped by over $1,500 on Monday as the SEC sued Binance. When the regulator took things a step further on Tuesday by going a...

Litecoin Continues Its Slide, But Holds Above $75

The price of Litecoin (LTC) has fallen dramatically as it has returned to its March 20 low. Long-term forecast of Litecoin price: bearish As the cryptocurrency sank to a low of $71, the bulls bought the dips. After the recent drop, altcoin ...

Bitcoin adds nearly 50,000 millionaires this year so far despite US regulatory crackdown

Share: Bitcoin price holds above the $26,000 level, showing resilience in the face of the US regulator's clampdown on cryptocurrencies.  BTC added nearly 50,000 millionaires to its list of holders since January 5. Bitcoin dominance climbed 19% since the beginning of the year, signaling a shift in market sentiment towards BTC....

BTC Sheds 3% Weekly Amid Massive Altcoin Weekend Bleedout (Bitcoin Price Analysis)

Bitcoin’s price continues to decline gradually without any indications of a recovery. Nevertheless, the cryptocurrency is nearing a significant support level that has the potential to initiate an upward movement, bringing an end to the recent bearish trend. Technical Analysis By: Edris The Daily Chart: The price of Bitcoin on the daily chart is gradually decreasing, approaching the critical support level at $25K after facin...
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