Bitcoin price is currently showing positive signs of holding gains above the $27,450 zone and is eyeing a fresh increase towards the $28,500 resistance. The cryptocurrency market has been quite volatile lately, with Bitcoin experiencing a downside correction after failing to clear the $28,500 resistance zone. However, the price has managed to find support near
Bitcoin
Binance, known as the largest cryptocurrency exchange in the world, has recently released its 11th report on its reserves. The numbers presented in the report are nothing short of staggering, with particular attention given to Binance’s XRP holdings. Over the past month, there have been reports of investors depositing XRP into exchanges, and this is
Over the past two years, Ethereum (ETH) has been the clear winner in terms of performance when compared to Solana (SOL). However, a technical analyst known as “CryptoGodJohn” on X believes that this dynamic is about to change. By examining the candlestick arrangement of the SOLETH chart on the weekly chart, the analyst suggests that
Bitcoin’s recent rally has led to critical moments where the cryptocurrency’s spot price interacted with the short-term holders’ (STHs) realized price. The realized price indicates the average cost basis at which Bitcoin investors acquired their coins. If the spot price trades above this indicator, holders are currently in a state of profit. Conversely, trading below
In the upcoming trial of Sam Bankman-Fried, the former CEO of the now defunct crypto exchange FTX, the jury selection process is said to be a swift one, as emphasized by Coinbase’s Chief Legal Officer (CLO) Paul Grewal. This article delves into the dynamics of the jury selection, highlighting key insights from Grewal and providing
Optimism (OP) has been performing impressively as it records gains in both the short and long term. With a 5% increase in the last 24 hours and a 15% gain in the last seven days, OP has attracted the attention of investors. This upward momentum aligns with the general recovery witnessed in the overall crypto
Bitcoin price is once again facing a downward trend, breaking below the crucial $26,500 support level. This decline comes after an unsuccessful attempt to surpass the $27,500 resistance level. The failure to breach this level has put BTC at risk of further losses in the near term. BTC is currently trading below the $26,500 mark
Bitcoin traders have experienced a relatively calm week with an air of caution in terms of price action. This cautious sentiment has not only affected trading activity but has also significantly impacted trading volumes on major cryptocurrency exchanges. Both spot Bitcoin trading and Bitcoin derivatives trading volumes have experienced a considerable decline from their levels
In the midst of bearish market conditions, Polkadot (DOT) is strategically positioning itself for future success. Instead of succumbing to speculation, the network has made a conscious effort to prioritize technological advancement. This new approach was evident in the multiple presentations given by Polkadot, which highlighted their ongoing efforts and ambitious goal of achieving 1,000
Chainlink’s LINK price has shown positive signs of recovery after facing a decline. The price is now correcting gains, but it is expected to find support near crucial levels, which could lead to a fresh increase in the near future. Currently, Chainlink’s price is trading above the $6.50 level and the 100 simple moving average
