Ethereum (ETH) is leading the end-of-the-week market recovery after finally breaking above the $4,800 resistance. As the cryptocurrency is attempting to reclaim this crucial area, some analysts suggest that a new all-time high (ATH) is imminent. Related Reading Ethereum Hits New Multi-Year High On Friday, Ethereum broke above the $4,800 resistance for the first time…
Bitcoin began an impressive price surge minutes after China announced that it would slap additional tariffs on US goods. Beijing said late Friday that it would increase taxes on $70 billion worth of US imports of between 5 and 10 percent. That progressed its already worsening trade dispute with Washington which last week had announced…
According to IG analyst Chris Beauchamp, Bitcoin is stuck in a fragile phase as the market tries to climb out of a rough patch. Prices have been moving in a narrow range and investors appear cautious. Related Reading Bitcoin has been trading just above $94,000 when this report was made, which is about 3.5% higher…
XRP is now back trading above $3 and is holding well above the price level. This is on the back of days of consolidating around $2.8. Although price action in the past 24 hours has seen XRP trading back above $3, it is yet to confirm a close to solidify the zone. Against this backdrop,…
Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered,…
Market expert Orbion has advised market participants to sell all their Ethereum holdings by October. He analyzed ETH’s price action to explain why the altcoin could reach its peak by then. Why Investors Should Sell Ethereum In October In an X post, Orbion said that he is still bullish on ETH right now but that…
Bitcoin stands to gain as ordinary people begin to realize the global financial system is on life support.Signs of trouble stirred yesterday as the Federal Reserve cut rates by 50 basis points. Following this, President Trump then goes to the extreme by calling for further cuts.President Trump called for further rate cuts after the Federal…
According to exchange data, inflows to trading venues topped 9,000 Bitcoin on Nov. 21 as prices slid to $80,600 on Coinbase — the weakest showing in seven months. Related Reading Reports show that about 45% of those deposits came in chunks of 100 BTC or more, and on one day large transfers reached 7,000 BTC.…
The Federal Reserve cut interest rates for the first time in almost a decade as it attempted to protect the thriving US economy from increasing global risks. The stock market, in an immediate response, closed lower on the day, with the Dow Jones Index, the S&P 500 Index, and Nasdaq Composite Index each returning intraday…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…