Category: Crypto
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Massive 109 Trillion SHIB Sell Wall Blocks Shiba Inu From Rising To New All-Time Highs
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The current price action shows that Shiba Inu (SHIB) is currently in a Triangular formation Whose hack might send him on Great rise to the top. However, as the cryptocurrency continues to trade within this triangle pattern, on-chain data shows a strong resistance wall, which could pose a strong threat…
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Massive 109 Trillion SHIB Sell Wall Blocks Shiba Inu From Rising To New All-Time Highs
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The current price action shows that Shiba Inu (SHIB) is currently in a Triangular formation Whose hack might send him on Great rise to the top. However, as the cryptocurrency continues to trade within this triangle pattern, on-chain data shows a strong resistance wall, which could pose a strong threat…
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Ethereum Drops Below 4-Hour SMA: Analyzing The Impact
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Ethereum (ETH), the second-largest cryptocurrency by market cap, recently saw its price fall below the 4-hour simple moving average (SMA). This technical development is noteworthy for traders and investors, as the 4-hour simple moving average is often used to measure short-term market momentum. When the cryptocurrency price falls below this…
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Ethereum Drops Below 4-Hour SMA: Analyzing The Impact
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Ethereum (ETH), the second-largest cryptocurrency by market cap, recently saw its price fall below the 4-hour simple moving average (SMA). This technical development is noteworthy for traders and investors, as the 4-hour simple moving average is often used to measure short-term market momentum. When the cryptocurrency price falls below this…
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Floki Ecosystem Bolstered By Landmark $12M Investment From DWF Labs
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Image from the Economic Times The Floki ecosystem is set to see a major boost as leading cryptocurrency trading and multi-stage investment firm, DWF Labs, announced a groundbreaking $12 million investment in the project’s native cryptocurrency, FLOKI. This strategic move follows DWF Labs’ previous commitment to purchase $10 million worth…
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Meme coins drop over 10% following GameStop’s stock crash
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Meme coins saw a notable decline alongside the GameStop stock collapse on June 7. Although the decline was smaller than GameStop’s, major coins like Pepe, Dogewheat, Floki, and Bonk fell more than 10%. The unpredictability of the market was evident as GameStop stock had risen 47% the previous day in…
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Meme coins drop over 10% following GameStop’s stock crash
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Meme coins saw a notable decline alongside the GameStop stock collapse on June 7. Although the decline was smaller than GameStop’s, major coins like Pepe, Dogewheat, Floki, and Bonk fell more than 10%. The unpredictability of the market was evident as GameStop stock had risen 47% the previous day in…
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Bitcoin Miner Core Scientific Partners With AI Firm, Forecasts $3.5 Billion in Revenue
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Core Scientific, a major player in the digital infrastructure industry in North America, announced a strategic partnership that includes a series of long-term contracts spanning 12 years with CoreWeave, an AI hyperscaler company. Under the agreement, Core Scientific will supply approximately 200 MW of infrastructure to support CoreWeave’s high-performance computing…
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Why Joe Biden Hates Bitcoin
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Over the past four years, President Joe Biden has shown a clear reluctance to support the bitcoin and cryptocurrency industry, as evidenced most recently by his vetoes of important legislation and his administration’s broader stance. On May 31, Biden vetoed a pivotal bill that would have allowed highly trusted financial…
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Analyst Forecasts Meteoric 21,700% Rise To $17, Here’s When
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Cryptocurrency analyst Javon Marks He made a very bullish prediction for Dogecoin price In this bull race. The analyst claims that the first memecoin could achieve such ambitious heights based on its performance Previous market cycles. Dogecoin will rise to $17 in this rally Marx subscriber A chart on his…
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Analyst Forecasts Meteoric 21,700% Rise To $17, Here’s When
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Cryptocurrency analyst Javon Marks He made a very bullish prediction for Dogecoin price In this bull race. The analyst claims that the first memecoin could achieve such ambitious heights based on its performance Previous market cycles. Dogecoin will rise to $17 in this rally Marx subscriber A chart on his…
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Bitcoin Price In June Eyeing $80,000 Milestone As Open Interest For Bitcoin In June Reaches 19B
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The cryptocurrency market has been full of excitement as Bitcoin (BTC) continues to push the limits of its price performance. After breaching the $70,000 mark, traders and analysts are now eagerly anticipating the possibility of Bitcoin price in June 2024 reaching the highly coveted $80,000 level. This renewed bullish momentum…
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Bitcoin ETFs see inflows despite crypto market fluctuation
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U.S. Bitcoin (BTC) exchange-traded funds (ETFs) saw an inflow of $131 million on June 7, marking 19 consecutive days of positive inflows. This happened even as the ARK 21Shares Bitcoin ETF (ARKB) saw net outflows totaling 1,364 worth about $96.84 million, leaving its total holdings at 48,939 BTC, or $3.47…
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Bitcoin ETFs see inflows despite crypto market fluctuation
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U.S. Bitcoin (BTC) exchange-traded funds (ETFs) saw an inflow of $131 million on June 7, marking 19 consecutive days of positive inflows. This happened even as the ARK 21Shares Bitcoin ETF (ARKB) saw net outflows totaling 1,364 worth about $96.84 million, leaving its total holdings at 48,939 BTC, or $3.47…
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American Crypto Advocacy Movement Tops Milestone 1 Million Supporters
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On June 5, Coinbase CEO Brian Armstrong reported that 1 million people had joined the “Stand With Crypto” campaign as advocates for the industry, adding: “That’s a lot of voters!” He continued to say that 600,000 of these advocates joined after the White House threatened to use the veto, and…
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Is It Time To Buy Bitcoin And Altcoins? Crypto Millionaire Arthur Hayes Has The Answers
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Arthur Hayesa cryptocurrency millionaire and co-founder of cryptocurrency exchange BitMEX, encouraged cryptocurrency investors to… Go long on Bitcoin And other promising alternative currencies in the market. He encouraged investors to prepare for the imminent rise of Bitcoin this season. Arthur Hayes: Buy Bitcoin and Altcoins at recent days Blog post…
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Why Donald Trump Loves Bitcoin
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President Donald Trump has made a calculated pivot to embrace Bitcoin and cryptocurrencies, sensing a strategic advantage against incumbent President Joe Biden in the 2024 election. While Biden has shown hostility toward Bitcoin, Trump is directly appealing to the growing pro-Bitcoin voter bloc. In recent months, Trump has begun accepting…
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Ripple’s 150 Million XRP Sale Keeps Price Surpressed Amid Bearish Headwinds
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Ripple once again raised concerns in… XRP community After the recent sale of XRP. This comes in the middle Unimpressive price action for XRPwhich continues to paint a bearish outlook for the cryptocurrency symbol. Ripple sells 150 million tokens Data on the chain Offers The cryptocurrency company offloaded 150 million…
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Ripple’s 150 Million XRP Sale Keeps Price Surpressed Amid Bearish Headwinds
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Ripple once again raised concerns in… XRP community After the recent sale of XRP. This comes in the middle Unimpressive price action for XRPwhich continues to paint a bearish outlook for the cryptocurrency symbol. Ripple sells 150 million tokens Data on the chain Offers The cryptocurrency company offloaded 150 million…