Share: Gold price consolidates as an effect of declined US yields and risk aversion. Upbeat US economic data prompts a cautious market sentiment. PBoC reduced interest rates by 10 bps against the expected 15 bps. Gold price struggles to snap a … [Continue reading]
Bitcoin CME gaps at $35,000, $27,000 and $21,000, which one gets filled first?
Share: Bitcoin CME gaps exist due to the lack of trading on CME on weekends. These gaps have become self-fulfilling prophecies that are often rebalanced. There gaps currently exist, $35,000, $27,000 and $21,000. Bitcoin (BTC) futures product was … [Continue reading]
Coinbase Layer 2’s friend.tech overtakes Tron and Uniswap in 24-hour fees
Share: Coinbase’s Layer 2 protocol BASE has become extremely popular of late due to the new projects launched on it. Friend.tech, a Paradigm-backed project, has beat the likes of Tron, Uniswap, Bitcoin and other popular DeFi projects in total fees … [Continue reading]
SEC could approve multiple Ether ETFs soon while delaying Bitcoin spot ETFs
Share: The US SEC could green-light multiple Ether futures, according to a recent Wall Street Journal report. If approved, it would be the first Ether futures ETF in the United States to track Ethereum price. This decision comes as the SEC delays … [Continue reading]
If things do not improve, another miner-induced sell-off is likely for Bitcoin
Share: Bitcoin price has crashed from nearly $30,000 to $25,000 in under 48 hours, causing massive liquidations. A close look at miner statistics reveals that another leg of this crash might be brewing if things do not improve. A continued … [Continue reading]
Investors bet on Stellar’s XLM as SEC comes with a vengeance on Ripple’s XRP token
Share: XLM price has taken the lead in recovering losses after the recent market-wide sell-off on August 17. Investors seem to be more interested in Stellar’s XLM token after SEC filed a motion that could contest the initial verdict of the SEC vs. … [Continue reading]
Can Shytoshi Kusama’s plan to revive Shibarium undo Shiba Inu price losses?
Share: Shiba Inu’s much-awaited Layer 2 solution Shibarium hit a brick wall after its launch on August 16. The lead developer of Shiba Inu added in a recent blog post his ideas on reviving Shibarium. SHIB price continues to reel from losses after … [Continue reading]
Bitcoin volatility at all-time lows despite 15% crash, is a recovery rally on the cards or more downside?
Share: Bitcoin price slid 15% between August 16 and 17, breaking its 55-day consolidation. This sudden downswing caused billions in liquidations, but volatility continues to tread near all-time lows. Investors wonder if BTC will experience … [Continue reading]
Shiba Inu price struggles to push north, with only 13.77% of total SHIB addresses currently in profit
Share: Shiba Inu price is in recovery mode, pushing north after a 36% slump from the August 12 peak of $0.00001136. At the current price, only 175,770 addresses are in profit, making up 13.77% of the community. Regarding volume, only 4.31% of … [Continue reading]
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bad timing for BTC slump as market weekend tranquil sets in
Share: Bitcoin price wants back above the crucial support above $26,300, but waning momentum characteristic of the weekend won't let it. Ethereum price can do nothing but follow BTC cues, with the $1,714 presenting as a hard nut to crack … [Continue reading]