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First Mover Americas: Ether, Meme Coins Lead Recovery While Bitcoin Remains Subdued
19.6.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for June 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Traders unbothered by Bitcoin’s sub-$65K levels, say BTC price remains ‘high and steady’
18.6.2024
Bitcoin price requires high demand-side pressure to push the BTC out of an extended correction
3 reasons why Ether price remains bullish around $3,500
17.6.2024
Despite Bitcoin’s sell-off to $65,000, ETH continues to show strength, and bulls appear to be strengthening at the $3,500 level
Elliptic Study Finds AI-Enabled Crime in Cryptocurrency Remains in Early Stages
10.6.2024
A new study has found that crimes enabled by artificial intelligence in the cryptocurrency ecosystem are still in their nascent stages. Stakeholders can prevent these activities from becoming widespread through timely and measured responses. Data from the same study indicate a surge in tokens...
Crypto Remains Sidelined as EU Election Kicks Off
6.6.2024
The election for new members of the European Parliament starts June 6, with results expected on June 9. The more than 700 MEPs shape and decide on new laws, and will be voted in as the EU's landmark Markets in Crypto Assets legislation starts coming into effect
XRP remains sluggish yet bullish; it only differs in timeline
4.6.2024
Given that the current sentiments are more sluggish than they should be, XRP may be a good investment for the long term. Investors’ interest is fading, as evidenced by the 0.13% decline in the last 24 hours, effective at the time of writing this article. For reference, XRP is listed at $0.5196...
3 reasons why Ethereum price remains strong against Bitcoin
31.5.2024
Ethereum price strengthens in its ETH and BTC pair as investors await spot ETH ETF to start
Shiba Inu remains range-bound, creating uncertainty within SHIB community; Whales keep eye on this new meme rival
30.5.2024
The current market scenario presents a complex landscape for meme coin investors. While Shiba Inu (SHIB) grapples with a period of uncertainty, Option2Trade (O2T) is emerging as a formidable contender, capturing the attention of whales and retail investors alike. By staying informed and adaptive...
Despite Ethereum ETF Approvals, ‘Altcoin Season’ Remains Far Off
26.5.2024
While the U.S. Securities and Exchange Commission (SEC) has approved several spot ethereum exchange-traded fund (ETF) 19b-4 filings, and ether alongside numerous digital assets have experienced double-digit increases over the past week, the much anticipated ‘altcoin season’ has...
Shiba Inu Holders Shift Funds to This New Crypto Gambling ICO, Eyeing 100x Gains in 2024
24.5.2024
As the Shiba Inu (SHIB) price struggles to escape the magnet pull of its 21 and 50DMAs and remains locked within recent ranges, Shiba Inu holders are shifting funds to a new crypto gambling ICO called Mega Dice (DICE) as they eye potential 100x gains in 2024.
The post Shiba Inu Holders Shift Funds...
Dogecoin Holders Are Ditching DOGE for This New ICO – Could It Deliver 1,000% Gains?
23.5.2024
As the Dogecoin (DOGE) price remains wedged to the south of $0.17 resistance, Dogecoin holders are ditching their DOGE tokens for a new ICO called 5thScape (5SCAPE), which some investors are betting will become a major leader in the crypto AR/VR space.
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Franklin Templeton CEO Bullish on Blockchain Technology and Asset Tokenization Trend
13.5.2024
Franklin Templeton CEO Jenny Johnson, who oversees the $1.6 trillion asset management firm, said she remains a huge fan of blockchain technology and sees exchange-traded funds (ETFs) and mutual funds being on the blockchain.
The post Franklin Templeton CEO Bullish on Blockchain Technology and Asset...
South Korea’s Bitcoin Premium Narrows, Yet Remains Above Global Average
12.5.2024
Recent figures show that despite bitcoin’s downturn in price, premiums in South Korea have diminished yet remain around $1,800 to $2,000 higher than BTC’s weighted global average price. Further metrics reveal that the South Korean won still ranks as the second most traded fiat...
Grayscale’s Quarterly Revenue Stays Flat After Massive Bitcoin Outflows
10.5.2024
Grayscale's Bitcoin holdings have been cut in half, but its revenue remains roughly equal to last year.
The post Grayscale’s Quarterly Revenue Stays Flat After Massive Bitcoin Outflows appeared first on Cryptonews
Ethereum price lags due to ‘weaker capital rotation,’ but crypto macro uptrend remains
7.5.2024
ETH price has underperformed Bitcoin, but Glassnode analysts say data suggests the crypto market remains in the “early stages of a macro uptrend.”
Bitcoin Traders Target Test of $53,000 Support as BTC Price Predictions Remains Bearish Following Fed Meeting
2.5.2024
The Bitcoin (BTC) price is consolidating in the mid-$57,000s, down roughly 5% on the day, though up around 1.5% or $1,000 from earlier session lows as traders weigh the outlook for Fed rate cuts this year in wake of the latest policy announcement from the US central bank.
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Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’
1.5.2024
On Wednesday, May 1, 2024, the U.S. Federal Reserve chose to maintain the benchmark interest rates at their highest in 23 years. The Federal Open Market Committee (FOMC) members noted that although inflation has subsided, it still “remains elevated.” No Change in Federal Funds Rate;...
In Mexico’s Biggest Election Yet, Crypto Remains on the Sidelines
24.4.2024
Mexico is poised to have its biggest election ever in a few weeks, with 100 million voters choosing 628 elected officials, thousands of local officials and the president. And crypto issues will remain on the sidelines during the campaign
Bitcoin Long-Term Outlook Remains Bullish Despite Selling Pressure Ahead of Halving: Crypto.com CEO
16.4.2024
Bitcoin may experience some selling pressure in the lead-up to the highly anticipated halving event, but the long-term outlook remains bullish.
The post Bitcoin Long-Term Outlook Remains Bullish Despite Selling Pressure Ahead of Halving: Crypto.com CEO appeared first on Cryptonews
Bitcoin Technical Analysis: BTC Remains Range Bound Ahead of US Inflation Report
10.4.2024
Bitcoin’s price movements on April 10, 2024, showcased a day of significant volatility, with the cryptocurrency’s value swinging between $68,207 and $70,917. Oscillators and moving averages paint a complex picture of neutrality and cautious selling signals, amidst a backdrop of...