Share: Dogecoin price has been consolidating below the $0.0712 to $0.108 range. A swift recovery above $0.0712 could trigger a 25% rally for DOGE holders. A daily candlestick close below $0.0624 will invalidate the bullish thesis. Dogecoin … [Continue reading]
SEC vs. Ripple update: Former SEC official explains why Ripple’s win could be overturned
Share: Former SEC official John Reed Stark outlined his views on the outcome of the SEC vs. Ripple lawsuit. Stark explained the decision from the judge establishes a class of quasi-securities based on the sophistication of the investor. He added … [Continue reading]
Top 3 cryptocurrencies to focus on in July 2023 and their targets: SOL, OP, COMP
Share: Ripple’s partial victory against the SEC could be the catalyst that kickstarts a new-found rally for altcoins. Layer 1 tokens like Solana and Compound could see interest among investors, as will MATIC and other Layer 2 tokens. … [Continue reading]
Why Ethereum’s EIP-4844 could kickstart bull run for Optimism (OP), Arbitrum (ARB), Polygon (MATIC)
Share: Ethereum’s EIP-4844 upgrade could kickstart a rally in Layer 2 tokens. The reduction in gas fees due to the introduction of a new transaction format via this update could significantly help users. Some altcoins that could potentially rally … [Continue reading]
COMP Price Prediction: Compound bulls disappear, 30% crash on the horizon
Share: COMP price has flashed sell signals on the daily timeframe, hinting at a trend reversal. Bearish divergence on the daily chart suggests COMP could shed 30% of its market value and tag $50. A daily candlestick close above the $76 hurdle that … [Continue reading]
Bitcoin, Ethereum and Ripple price crashes, liquidations hit nearly $500 million as XRP hype dissipates
Share: XRP, XLM and other altcoins enjoyed massive gains after Ripple’s partial win against the SEC. The weekend, however, looks bleak, with liquidations in the past 48 hours reaching as much as $473 million. As the bearish momentum declines, … [Continue reading]
Crypto market liquidations hit nearly $500 million as Ripple and XRP hype dissipates over weekend
Share: XRP, XLM and other altcoins enjoyed massive gains after Ripple’s partial win against the SEC. The weekend, however, looks bleak, with liquidations in the past 48 hours reaching as much as $473 million. As the bearish momentum declines, … [Continue reading]
SEC vs.Coinbase: Briefs from first hearing as some of exchange’s retail consumers face staking embargo
Share: Coinbase and the SEC's lawyers convened for the first hearing before Judge Katherine Polk Falia. Hearing reports are majorly in favor of Coinbase after the court examined both sides in a Q&A centered on staking and securities definition. … [Continue reading]
Optimism price fails a 20% rally, leaving nearly $1 billion worth of OP from catching profits
Share: Optimism price touched the high of $1.64 during the intra-day rally but fell back down to trade at $1.45. The price rise resulted in the breach of the demand wall of 670.56 million OP at $1.62 but failed to sustain it. The altcoin is close … [Continue reading]
EUR/USD Price Analysis: Enough from the bulls and will the bears make their move?
Share: EUR/USD may have run its course and bulls are laying the table. A break of key support structures could be on the cards for the week ahead. EUR/USD is stalling on the bid but underlying momentum is undeniable. At the time of writing the … [Continue reading]