Share: Shiba Inu price has found support at $0.00000784 and is sliding horizontally to hold above this level. Meanwhile, the ShibFest hit the ground rolling with the ShibArmy, excitingly marking the occasion. Although SHIB remains in the woods, … [Continue reading]
Solana price could move 10% north if it stays above this level
Share: Solana price dropped 12% to find support at $19.15, the mean threshold of a demand zone that currently offers support. SOL could rally 10% to around $22.09 if bullish momentum continues rising. Invalidation of the bullish outlook will happen … [Continue reading]
CYBER trolled after liquidity proposal rejection, users decry manipulation
Share: CyberConnect released an emergency proposal to provide liquidity for cross chain bridges. The proposal was rejected, with the network citing a misprint that misled community members. The network is now the talk on social media, with users … [Continue reading]
Bitcoin price likely to fall 10% from current levels this September, crypto analyst says
Share: Popular strategy analyst Benjamin Cowen has forecasted a bearish month for Bitcoin this September. In his opinion, the month has proven gloomy for BTC historically, characterized by negative averages incomparable to any other month. With … [Continue reading]
Base TVL rises $200 million after Aerodrome DEX launch, with developers pushing for enhanced liquidity
Share: Base network total value locked has hit $391.53 million, rising by more than $200 million in 5 days. It comes after the Aerodrome launch, with the decentralized exchange accounting for almost 52% of the network’s TVL. The epic rise … [Continue reading]
CYBER token open interest hits $200 million as Korean traders pump CyberConnect price
Share: CyberConnect price is up 740% in the last week and 230% in the last 24 hours on Upbit exchange against BTC. The current open interest for CYBER is $200.69 million, with up to $4.6 million in short positions liquidated. The surge is to Korean … [Continue reading]
Coinbase and related exchanges could suffer if SEC approves a spot Bitcoin ETF, specialist says
Share: Senior ETF analyst at Bloomberg Intelligence predicts crypto exchanges like Coinbase could suffer when the SEC finally approves spot bitcoin ETFs. According to Eric Balchunas, an approval will threaten exchanges’ business on metrics of cost, … [Continue reading]
WTI hits YTD high of $85.57 amid supply cuts and strong demand
Share: Saudi Arabia expected to extend its 1 million bpd output cut into October. Russia agrees with OPEC to cut exports next month. Positive business activity reports from China improve the oil demand outlook. US unemployment rate rises, wage … [Continue reading]
NZD/USD clears daily gains following US data
Share: NZD/USD peaked at a daily high of 0.6015 and then plummeted to 0.5940. US NFPs from August showed a mixed picture, while the Manufacturing PMIs from the same month came in better than expected. The USD holds its ground despite investors … [Continue reading]
EUR/USD reverse course after US PMIs and loses 200-day SMA
Share: After initially rising to 1.0880, the EUR/USD declines to 1.0785, below the 200-day SMA at 1.0815. Manufacturing PMIs from the US showed better-than-expected results. The US DXY index and Treasury yields significantly recovered … [Continue reading]