As Ethereum’s price continues to fluctuate, it has recently undergone a period of sideways consolidation. This phase came after a decline towards the critical support level of $3K. Interestingly, the cryptocurrency seems to be range-bound between $3K and $3.7K. It appears that volatility may not increase unless Ethereum manages to break out in either direction.
Bitcoin, the undisputed king of cryptocurrencies, is once again on a wild ride. After a surge over the weekend that brought it close to shattering its all-time high, the digital asset has dipped back below the crucial $70,000 mark in the last 24 hours. This sudden correction has left investors wondering if the predicted surge
Shiba Inu (SHIB) has recently experienced a price drop, with the current trading price at around $0.00002734. This represents a 3% decline on a daily scale and a 20% drop on a monthly basis. Despite this negative trend, analysts are predicting a potential bullish rally. One key indicator is the critical resistance levels being tested
Bitcoin recently experienced a decline in price after briefly surpassing the $72,000 mark on April 8. This downturn is attributed to various factors, with a significant one being the anticipation of the release of the March Consumer Price Index (CPI) data on April 10. Market experts are forecasting a potential increase in overall inflation, which
The boss of Marathon, America’s largest crypto mining firm, recently discussed the impact of spot Bitcoin ETF approvals on the market. Fred Thiel mentioned in an interview with Bloomberg that the ETF approval accelerated what would have been the post-halving rally. This approval attracted capital into the market and brought forward the price appreciation that
Gunzilla Games has recently made headlines with their announcement of integrating the GUNZ blockchain into the popular NFT marketplace OpenSea. This move is not just about enabling the trading of in-game items, but it signifies a shift towards empowering players with true ownership of their digital assets. With the GUNZ blockchain developed on a custom
During a recent Senate hearing, Senator Tim Scott criticized the current US administration for focusing on digital assets as the main source of terrorism financing. He expressed concern that the Treasury’s exclusive requests for expanded authority over cryptocurrencies are overlooking more significant and traditional sources of funding, such as Iran’s $35 billion in oil exports
The introduction of Bitcoin spot ETFs in the U.S. has been met with significant interest, with $12.3 billion of net inflows recorded in just three months. This influx of investment has raised questions about the impact of these ETFs on the broader Bitcoin market. Glassnode analyst, James Check, recently provided insights by analyzing the effects
Toncoin has recently made a significant move in the world of cryptocurrencies by displacing Cardano from its position in the top 10 largest cryptocurrencies by market capitalization. This change was reflected in the data from CoinMarketCap, which showed Toncoin reaching a market capitalization of $23.1 billion, surpassing Cardano’s $21.5 billion at the time the ranking
As the cryptocurrency community eagerly anticipates the upcoming halving event of Bitcoin, there is a sense of excitement mixed with caution in the air. Renowned cryptocurrency expert Benjamin Cowen has sounded a note of warning, suggesting that a potential market correction may be on the horizon if historical patterns are anything to go by. Cowen
