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Since May 2022, the price of Optimism (OP) has been trading within an expanding wedge. It has tested both the support an...
11/04/2024

Since May 2022, the price of Optimism (OP) has been trading within an expanding wedge. It has tested both the support and resistance lines of the wedge several times, confirming the pattern’s validity.

Since May 2022, the price of Optimism (OP) has been trading within an expanding wedge. It has tested both the support and resistance..

Binance Labs, the venture capital and incubation arm of Binance, continues to spearhead innovation within the cryptocurr...
11/04/2024

Binance Labs, the venture capital and incubation arm of Binance, continues to spearhead innovation within the cryptocurrency space. Its recent investment in BounceBit, a Bitcoin restaking and CeDeFi protocol, signals a significant step towards expanding the utility of Bitcoin beyond its traditional role as a store of value.

Binance Labs, the venture capital and incubation arm of Binance, continues to spearhead innovation within the cryptocurrency space.

Bitcoin Disregards CPI Outcomes And Recaptures The $70,000 Price Threshold
10/04/2024

Bitcoin Disregards CPI Outcomes And Recaptures The $70,000 Price Threshold

Following a brief 2% dip immediately after the CPI release, BTC swiftly rebounded, reclaiming the $70,000 mark and posting a 1.8% gain in the past 24 hours.

Bitcoin Slides Below $68,000 As US Inflation Heats Up More Than Expected
10/04/2024

Bitcoin Slides Below $68,000 As US Inflation Heats Up More Than Expected

In addition to Bitcoin ETFs and the halving event, the expected looser monetary policy of the United States is expected to be one of the catalysts for Bitcoin's price increase in 2024

The price of FC Barcelona Fan Token (BAR) has been trading within a falling wedge since December 2021. This is a bullish...
10/04/2024

The price of FC Barcelona Fan Token (BAR) has been trading within a falling wedge since December 2021. This is a bullish pattern, which usually leads to a breakout in the majority of cases.

The price of FC Barcelona Fan Token (BAR) has been trading within a falling wedge since December 2021. This is a bullish pattern, which usually leads to a breakout in the majority of cases.

Decoding The Influence Of Whales: Navigating The Cryptocurrency Market
10/04/2024

Decoding The Influence Of Whales: Navigating The Cryptocurrency Market

In the vast and unpredictable waters of the cryptocurrency market, one often encounters the enigmatic presence of whales

Does The Election In South Korea Impact The Cryptocurrency Market?
09/04/2024

Does The Election In South Korea Impact The Cryptocurrency Market?

As South Korea prepares for its legislative elections on April 10, the political landscape stands at a pivotal moment, with potential ramifications for both traditional politics and the burgeoning cryptocurrency sector.

PlanB Predicts Bitcoin Surge To $100k, Surpassing $200k In Next Phase
09/04/2024

PlanB Predicts Bitcoin Surge To $100k, Surpassing $200k In Next Phase

Shortly after Bitcoin (BTC) surged to a remarkable new all-time high, a prominent cryptocurrency analyst has forecasted even more unprecedented peaks for the leading decentralized finance (DeFi) asset,

The price of ZetaChain (ZETA) declined after reaching an all-time high at $2.87 on February 15, 2024. This action brough...
09/04/2024

The price of ZetaChain (ZETA) declined after reaching an all-time high at $2.87 on February 15, 2024. This action brought the price back to the previous resistance zone at $1.8 on March 5th (green arrow) before recovering.

The price of ZetaChain (ZETA) declined after reaching an all-time high at $2.87 on February 15, 2024. This action brought the price back...

LSEG’s Parisian Clearinghouse LCH SA Receives Regulatory Green Light For Bitcoin Derivatives Clearing Services
09/04/2024

LSEG’s Parisian Clearinghouse LCH SA Receives Regulatory Green Light For Bitcoin Derivatives Clearing Services

London Stock Exchange Group's (LSEG) Paris-based clearinghouse affiliate, LCH SA, announced on Monday that it has secured regulatory approval to offer clearing services for Bitcoin derivatives.

Binance Faces Regulatory Hurdles In The Philippines: SEC Urges Users To Withdraw Funds Before Potential Ban
08/04/2024

Binance Faces Regulatory Hurdles In The Philippines: SEC Urges Users To Withdraw Funds Before Potential Ban

Paolo Ong stated that the agency is unable to approve new withdrawal methods for Binance following the possibility of its ban.

DYdX Chain Faces A Network Outage For The First Time Since It Migrated From Ethereum To Cosmos
08/04/2024

DYdX Chain Faces A Network Outage For The First Time Since It Migrated From Ethereum To Cosmos

The decentralized exchange (DEX) dYdX disclosed on Monday that it is currently investigating a significant outage on its chain, occurring shortly after the network’s v4.0.0 protocol underwent a scheduled upgrade. Initially proposed on February 21, the scheduled upgrade aimed to introduce various e...

Analyzing Ethereum’s Price Consolidation: Insights From Futures Market Sentiment Indicators
08/04/2024

Analyzing Ethereum’s Price Consolidation: Insights From Futures Market Sentiment Indicators

Upon closer analysis of the charts, a noteworthy observation emerges: as Ethereum’s price surged, there was a corresponding spike in the funding rates metric.

OmniCat (OMNI) price dropped after being rejected by the resistance zone at $0.00106 on March 30th (red arrow). This act...
08/04/2024

OmniCat (OMNI) price dropped after being rejected by the resistance zone at $0.00106 on March 30th (red arrow). This action brought the price back to the important support zone at $0.00058, where it helped propel the price sharply in the previous rally.

The daily RSI has formed a bullish divergence and is trending back above 50, indicating that the bulls are returning.

Why Is The Bitcoin Price Recovering?
07/04/2024

Why Is The Bitcoin Price Recovering?

Just three days ago, when Bitcoin's price hovered around $65.5k, indications emerged suggesting that the recent price correction might have concluded.

The price of EthereumPoW (ETHW) has been rising since hitting an all-time low of $1.17 in early October 2023. During thi...
07/04/2024

The price of EthereumPoW (ETHW) has been rising since hitting an all-time low of $1.17 in early October 2023. During this period, the price broke above the long-term horizontal resistance zone at $3.6. According to the price reaction, the important price zone on the weekly timeframe is $3.6 instead of $4.4.

The price of EthereumPoW (ETHW) has been rising since hitting an all-time low of $1.17 in early October 2023. During this period, ..

Why Bitcoin Is Consolidating In A Price Range
07/04/2024

Why Bitcoin Is Consolidating In A Price Range

Bitcoin’s recent price movements have been marked by significant volatility, with the cryptocurrency fluctuating around the $70,000 level.

FTX’s Sale Of Solana: Navigating A Massive Discount To Repay Customers
07/04/2024

FTX’s Sale Of Solana: Navigating A Massive Discount To Repay Customers

The cryptocurrency industry was thrown into a state of uncertainty when defunct exchange FTX received court approval to sell its substantial holdings of Solana (SOL).

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