Chainlink’s LINK price recently retested the $12.00 support zone, indicating a potential shift in market sentiment. While this retest could be seen as a bearish sign, it also presents an opportunity for a recovery wave to occur above the $13.50 and $15.00 resistance levels. Despite the possibility of a recovery wave, Chainlink price is currently
Ethena, a stablecoin with a market cap of over $2.3 billion, emerged in late February and quickly gained popularity as the fastest-growing stablecoin in history. One of its key selling points is its ability to generate yield for holders, unlike other stablecoins where profits are kept by issuers. However, this unique feature also introduces a
Bybit, a cryptocurrency exchange and trading platform, recently published a report highlighting the effects of the upcoming Bitcoin halving event on the supply dynamics of Bitcoin within exchanges. The report provides valuable insights into how the halving event could increase scarcity and impact the price of BTC in the crypto market. According to Bybit’s report,
The Solana meme coin market has been experiencing significant volatility, with Elawn Moosk token being the latest token to capture the attention of investors. As retail investors are drawn to meme coins with ties to prominent figures like Elon Musk, the price of MOOSK has been on a rollercoaster ride. The token initially launched at
Railgun has recently come under scrutiny for allegedly being connected with North Korea’s Lazarus Group and their illicit activities. However, Railgun has publicly denied any association with the sanctioned group, stating that their system rigorously blocks any sanctioned or malicious users from accessing their services. The claims made against Railgun have been dismissed as unfounded.
The recent market downturn has had a significant impact on meme coins, with Pepe (PEPE) experiencing a 24% decrease in price over the last seven days. This decline is not unique to Pepe, as other meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) also saw decreases of 16% and 18% respectively. Even major
Ethereum price is currently facing several hurdles near the $3,200 mark. Despite multiple attempts to break through this resistance level, ETH has been unable to sustain a significant upward trend. The price is currently trading below $3,200 and the 100-hourly Simple Moving Average, indicating a lack of bullish momentum in the market. One of the
Crypto analyst Crypto Egrag recently provided an update on his analysis of XRP, where he correctly predicted a significant price decline for the crypto token. Now, Egrag has shared his thoughts on what the next move for XRP might be. According to him, XRP’s next move could be a substantial one, ranging between 1000% and
Bitcoin, the pioneer cryptocurrency, has been the subject of various price predictions throughout its existence. Recently, a crypto analyst made a bold prediction that Bitcoin could surge to $650,000 fueled by the growth and demand of Spot Bitcoin ETFs. This prediction has sparked discussions and debates within the crypto community, with some questioning the feasibility
Binance.US, a crypto platform under the umbrella of the global Binance exchange, has recently faced significant regulatory challenges. In an effort to address these issues and regain users’ trust, the platform has appointed Martin C. Grant to its Board. Grant, a former New York Federal Reserve Bank Compliance Chief, brings a wealth of experience in
