Winners: Polygon (MATIC) led the way with a 1.54% increase to $0.53, followed by Dogecoin (DOGE) up 1.17% to $0.06, Cardano (ADA) up 0.96% to $0.25, Solana (SOL) up 0.81% to $19.86, and Uniswap (UNI) up 0.78% to $4.42. Bitcoin (BTC) also rose by 0.70% to $26,980, while Ripple (XRP) and Ethereum (ETH) saw smaller gains. Losers: Polkadot (DOT) was the only major...
Bitcoin briefly dropped below $27,000, hitting a low of $26,940 after failing to surpass resistance at $27,393. Earlier, it reached $27,500 on news of Nomura's Bitcoin adoption fund for institutions. On-chain data from Santiment shows increased Bitcoin activity since April, especially above $27,000. There's also a rise in dormant Bitcoin movement, indicating...
Bybit Ceases Operations in the UK: Dubai-based cryptocurrency exchange Bybit is discontinuing its services in the United Kingdom in response to forthcoming regulations from the Financial Conduct Authority (FCA). Tether's Parent Company Invests in Bitcoin Mining: The company associated with Tether, a widely-used stablecoin, has acquired a share in Northern Data, a...
A notable Ethereum whale address moved 8,000 ETH ($13.24 million) to Binance, following previous transfers of 4,000 ETH, totaling $20 million in 20 days. The address initially received 64,000 ETH worth $106 million, raising speculation about its connection to czsamsunsb.eth. Additionally, a surge in Ethereum call options trading on Deribit was reported, with...
The cryptocurrency market had a quiet week, but Stellar's XLM saw an 11% drop after a high-profile commercial featuring Idris Elba. Swan Bitcoin faced a hack, leading to suspicions about Ripple's acquisition of Fortress Trust. Binance CEO CZ made a $3 million donation to Moroccan users while facing SEC litigation, and Binance's U.S. CEO resigned. OneCoin...
Ethereum faces a significant hurdle in the form of the 21-day Exponential Moving Average (EMA). Despite trading around $1,618.43, Ethereum has struggled to break through this resistance level. Low network activity has also affected its deflationary status. Breaking the 21 EMA is crucial for Ethereum's bullish outlook, while failure may indicate a bearish...
Ethereum's Bounce: Ethereum's recent price increase may be due to retail traders buying during a price drop, but it's just one of many factors affecting its price. XRP's Support Loss: XRP losing the $0.5 support level is significant for sentiment. The next key support level is $0.45, and a failure to recover quickly could lead to further declines. Shiba Inu's...
The world gold price has recently shown signs of stagnation, especially amidst significant events. Currently, the price of gold stands at $1,941.85 per ounce, experiencing a slight decrease of 0.27% as of 11:28:33 according to real-time CFD data. Recent trading has seen gold prices displaying unclear signals. Over the 5-minute timeframe, the market is in a...