The crypto market has shown signs of stagnation recently, with a decline in overall market cap. However, today’s increase in prices seems to have brought some relief. Ethereum (ETH) is currently trading at $2,977.88, marking a 2.6% increase over the past 24 hours. Its market cap has also grown by 2.64% to over $357 billion,
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After analyzing recent metrics, crypto analyst Javon Marks has identified several bullish signs for Ethereum (ETH). One of the key indicators is the formation of a bull flag-like price structure on the Ethereum chart. This pattern, combined with the formation of higher lows in Ethereum’s price action, suggests a strong resistance to downward trends. Additionally,
As per the analysis of market conditions, Bitcoin is expected to stay within its current trading range until a more favorable macroeconomic environment presents itself. Factors such as profit margins, leverage, and the distribution of coin ages all play a role in shaping the landscape for the cryptocurrency. The current scenario hints at a more
During an interview with Yahoo Finance’s “Wealth,” Ric Edelman made a compelling prediction regarding the price of Bitcoin. According to Edelman, Bitcoin’s price could potentially skyrocket to $420,000 in the near future. He attributes this projected surge to a modest global asset allocation towards Bitcoin. Edelman also discussed the advantages of investing in Spot Bitcoin
The recent signing of HB 3594 into law by Governor Kevin Stitt marks a significant milestone in Oklahoma’s stance on cryptocurrency. This bill, set to take effect on November 1, solidifies protections for individuals and businesses engaging in crypto-related activities within the state. Protecting Freedom of Use One of the key provisions of the new
A recent analysis by Crypto.News has shed light on a crypto investor, referred to as the “King Shrimp,” who has significantly increased their holdings in the Mollars token presale. This individual’s buying behavior, particularly in the cryptocurrency market, has positioned them as one of the largest holders of this upcoming store-of-value token on the Ethereum
Shutdown, a game developed by Garage Studios, takes players into a dystopian world where they must face off against rogue AI threats. What sets Shutdown apart from other games in the same genre is its collaboration with Immutable zkEVM, a cutting-edge technology that introduces blockchain to the gaming landscape. This partnership allows players to experience
Recently, amidst a decline in Bitcoin’s price and the overall cryptocurrency market, well-known cryptocurrency analyst Titan of Crypto has brought attention to the $61,500 price level as a critical threshold to monitor for the largest cryptocurrency. It is believed that this particular level could serve as a turning point for Bitcoin, potentially influencing its future
The Ethereum (ETH) options market for June is currently showing a significant interest in higher strike prices, particularly focusing on levels exceeding $3,600. Traders are placing concentrated bets on calls that surpass this price, signaling a bullish sentiment towards Ethereum’s near-term trajectory. The most favored strike price among these optimistic bets is a bold $6,500.
The crypto market is experiencing an interesting trend today as meme coin FLOKI defies the odds with an 8.8% rally in the last 24 hours. Inspired by Elon Musk’s pet Shiba Inu, FLOKI has shown significant growth over the past year, with a 430% increase in value. This surge comes at a time when many
Deutsche Bank has recently made headlines with its increased involvement in digital assets and tokenization by participating in the Monetary Authority of Singapore’s Project Guardian. This innovative initiative aims to test asset tokenization applications in a regulated environment, focusing on their viability and potential integration within financial markets. Joining forces with Memento Blockchain and Interop
Coinbase recently announced that it had resumed operations after facing a system-wide outage that impacted its website, mobile app, and API for over three hours. However, some customers of the popular crypto trading platform took to social media to dispute this claim, stating that they were still unable to withdraw their funds. One such user,
On Monday, May 13, the spot Bitcoin and Ethereum ETFs in Hong Kong experienced a significant outflow of $39.3 million, marking the highest total outflow since their launch on the Hong Kong Stock Exchange on May 2. Specifically, funds from issuers Bosera, China Asset Management, and Harvest collectively lost $32.7 million in Bitcoin, while Ethereum
Guild of Guardians (GOG) is not your average mobile game. Developed by Mineloader and powered by Immutable, GOG brings together fantasy adventure and blockchain technology in a way that has never been seen before in the gaming world. With a vast array of over 200 unique Guardians, diverse gameplay mechanics, and seamless blockchain integration, GOG