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Shiba Inu price declined 23% over the past week amidst the crypto market bloodbath.
Shiba Inu’s Layer 2 scaling solution Shibarium’s launch will potentially be delayed.
The launch of Shibarium is highly anticipated in the crypto community and considered a bullish catalyst for the meme coin.
Shiba Inu holders’ woes...
The price of Solana (SOL) has declined since April 17. The oversold area of the market was affected by the downturn.
Solana price long-term forecast: bearish
Solana saw a sharp decline today, falling as low as $13.02 before recovering. Bear...
The past 24 hours saw the majority of altcoins crash by a considerable margin and there are no signs of slowing down.
However, there’s also a clear discrepancy between the price performance of certain altcoins to that of Bitcoin and Ethereum, both of which have remained relatively resilient.
Bitcoin Dominance Soars
Over the past 24 hours, Bitcoin’s dominance increased to around 46% (data from CoinGecko). This is a major dif...
Dogecoin (DOGE) price has dropped drastically and has reached the oversold area of the market.
Dogecoin price long term forecast: bearish
The value of the cryptocurrency fell to $0.053 today before rebounding. The current support level at ...
What a week…
There’s absolutely no need to beat around the bush, so let’s kick it off directly … the United States Securities and Exchange Commission sued Binance. That’s right, the world’s largest cryptocurrency exchange is under siege. Binance, Binance US, and Changpeng Zhao are all named in the lawsuit, as the SEC is out for blood.
The Commission has asked the court to freeze the assets of Binance US and has also issued ...
Bitcoin’s dominance over the altcoins has gained roughly 1% in just a few days amid the latest developments on the SEC-crypto industry front.
Several altcoins have retraced today, including Cardano, which has dropped by more than 4%.
BTC Dominance Increases
Bitcoin started the week on a slightly positive note, surging to $27,500. However, it all changed quickly in the following hours as the SEC announced a lawsuit against B...
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Lido DAO price took a slight hit over the past 24 hours to decline by around 10% to trade at $2.15.
Investors' supply of over $300 million worth of LDO awaits a trigger for profits at $2.50.
The altcoin shares a negative correlation of -0.09 to Bitcoin that might prove to be in its favor.
Lido DAO price is following ...
The cryptocurrency market has mostly traded in the red during the past 24 hours, with Bitcoin’s price remaining around $26,500.
BNB lost 6% on the day, which is quite expected given the SEC’s lawsuit against Binance.
Bitcoin’s Price Shaky at $26,500
Despite an attempted recovery, Bitcoin’s price remains relatively unstable at $26,500. The cryptocurrency is trading down 1.6% on the day and has been unable to reclaim the cove...
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Binance and its subsidiary Binance US will respond to the SEC’s temporary restriction freezing order by June 12.
As the entities grappled with the consequences of the SEC’s regulatory crackdown on the exchange, BNB price declined by 7% overnight.
The hearing on the temporary restraining order will be held on June 13....
The price of Bitcoin is currently on a downward trajectory since it faced resistance at $30K in April. However, there are notable support levels that may prevent further decline.
Technical Analysis
By: Edris
The Daily Chart:
On the daily timeframe, the Bitcoin price has consistently formed lower highs and lows in the past couple of months. The 50-day moving average acted as a strong resistance, causing a downward rejection ...
