Trading

Breaking: XRP price jumps almost 10% as SEC drops lawsuit against Ripple executives

Share: The US Securities and Exchange Commission has dropped its charges against executives from Ripple Labs, including CEO Bradley Garlinghouse and co-founder Christian Larsen. In a letter to Judge Annalisa Torres, the plaintiff, which is the US SEC, “respectfully notified the court of the stipulated dismissal of the SEC’s pe...

Bitcoin Maintains $28K But These Altcoins Keep Losing Value (Market Watch)

Bitcoin’s attempt to overcome the $29,000 level yesterday saw no success, and the asset has lost some ground but still stands above $28,000. The altcoins have turned red on a daily scale now. The only exceptions from the larger ones are LEO, UNI, and MNT. BTC Fails at $29K The start of the business week was quite positive for the primary cryptocurrency, which pumped by around a grand on Monday morning after a sluggish weeke...

Render token price rally likely exhausted after a 50% two-month run for RNDR

Share: Render token price is up 50% since the early September low of $1.294. RNDR could be due for a correction, with the RSI reaching its multi-month peak. This bearish outlook would be invalidated if the altcoin records a three-day candlestick close above the $2.250 resistance level. Render (RNDR) token has been on a stro...

Bitcoin’s Dominance Keeps Rising Despite BTC’s Failed Attempt at $29K (Market Watch)

Bitcoin tried its hand at taking down the $29,000 level once again hours ago but was stopped in its tracks and currently sits several hundred dollars below it. However, its dominance over the altcoins keeps rising to new multi-month peaks, as most of the alts are sitting in the red now. BTC Fails at $29K BTC’s price performance was quite dull during the weekend, with the asset trading sideways at around $27,000. However, it...

TRON Bounces Back, But Circles Above $0.089 Support

Cryptocurrency analysts of Coinidol.com report, TRON (TRX) rallied above the 21-day simple moving average (SMA) and retested the $0.091 resistance level. TRON price long-term forecast: bullish Positive momentum retraced above the $0.089 sup...

Bitcoin-to-Gold Ratio more than halves between 2021 and 2023

Share: Bitcoin-to-Gold ratio has more than halved over the past two years.  Bitcoin is underperforming gold based on the 2023 ratio of 15 against its 2021 figure of 35.  Fed's monetary tightening as a response to persistent inflation could propel Bitcoin's price higher. The Bitcoin-to-Gold ratio has significantly decreased ...

Etheruem price rise remains restricted as “billionaire” wallets now hold a third of ETH tokens

Share: Ethereum price has failed to breach the 50- and 200-day EMAs for about two months. Whale addresses holding over 1 million ETH now hold 32.3% of the entire circulating supply. Whales are likely to accumulate as they may see a prospect of a rally. Ethereum price is finding difficulty in achieving a breakthrough for abo...

The Aftermath of the False Bitcoin ETF Approval Report, Where’s BTC Headed Next? (Bitcoin Price Analysis)

Bitcoin’s price surprisingly spiked higher yesterday, closing above multiple significant resistance levels. However, the main obstacle, the $30K level, remains intact. Technical Analysis By Edris The Daily Chart On the daily chart, the price has been supported by the 50-day moving average located around the $27K mark. It has rebounded from this level since, aggressively breaking above both the $28K resistance level and the ...

Bitcoin Settles Above $28K After the $2K Rollecoaster Induced by the Fake BTC ETF News (Market Watch)

Bitcoin went on a tear yesterday by surging by over $2,000 in minutes but just as quickly lost those gains following the confirmation about fake news in regards to a spot BTC ETF. The altcoins went through something similar, but most are now sitting with minor losses. SOL, on the other hand, has skyrocketed by 6% daily. BTC’s Rollercoaster The primary cryptocurrency had a quiet weekend, which it spent in a tight range betwe...

TRON surpasses 190 million accounts while TVL extends uptrend

Share: TRON surpasses 190 million user accounts, demonstrating growth in its user base. TRX's dwindling supply and stable price suggest upside potential. TRON's strong TVL, which is on an uptrend, indicates an optimistic medium to long term outlook for TRX. TRON (TRX), the blockchain platform founded by Justin Sun in 2018, ...
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