Bitcoin (BTC) Still Under Pressure Despite Tuesday’s Bullishness

Tuesday sessions saw BTC gaining 1.93%, ending the day near $30,417. The uptrend emerged even with BTC Fear and Greed Index slumping to 8/100, the lowest market since 14 March 2020. Technical indicators display red as Bitcoin sits beneath the 50-day Exponential Moving Average. NASDAQ support saw Bitcoin surging 1.93% yesterday, partially reversing Monday’s 4.66% … Read more

Whales Dump Tether (USDT) Worth $710M amidst De-Peg Fears

Latest Santiment data shows whales actively dumping their Tether holdings amid de-pegging risks. Yesterday’s trading sessions saw USDT plummeting to $0.97 before recovering to its $1 value area. The decline sent shock across the market. Even large crypto wallets experience psychological pressure, whales selling USDT worth $710 million. The figure represented the highest 1-day USDT … Read more

Where to Buy Coinbase Stock (COIN) Dip?

Coinbase Stock (NASDAQ: COIN) crashed today, dropping 12.60% (-10.52) to around $72.99. Coinbase noted a loss in its latest quarterly results and reported users declining. Here’s a guide to purchasing the Coinbase stock amidst a dip. The last five days had the leading U.S crypto exchange recording a more than 41% decline in the stock. … Read more

Bitcoin (BTC): Was $30,000 Local Bottom or More Bloodbath Impending?

The past few days had Bitcoin on a free fall, completing six successive red weeks. Intensified bearishness saw BTC breaking beneath $37K, which offered a sturdy foothold within the previous months on several occasions. The price plummets emerged after Bitcoin encountered rejection while attempting to overcome the 50- and 100-day MA lines and triggered massive … Read more

How Today’s FOMC Meeting May Impact Your Crypto Holdings

Bitcoin and the altcoin market await the next catalyst after ending April on a bearish note. Though the current condition reflects an improved mood, market players remain worried due to the upcoming FOMC (Federal Open Market Committee) conference. Assets within the cryptocurrency marketplace have experienced substantial sideways actions over the past two days. That is … Read more

Cardano (ADA): What Recent “10% Increase” Could Mean for the Price

You are undoubtedly familiar with the crypto market and blockchain technology. That can mean understanding the block size concept and benefits that networks with large block sizes boast. You may have encountered an announcement by the Cardano team aiming to increase the project’s block by around 10%. However, how has the alt responded so far? … Read more

Dogecoin (DOGE) Risks 40% Plunge despite Musk-Twitter Euphoria

Elon Musk acquiring Twitter for $44B had Dogecoin surging about 25% within the past 24 hours, but correction risks persist. Dogecoin (DOGE) experienced upside price movements over the past day. That came after the token’s cheered Elon Musk acquiring Twitter for $44B. A positive mood saw the original canine-themed crypto surging towards $0.17 on 25 … Read more

Kraken Exchange Receives Abu Dhabi License

Kraken is among the leading cryptocurrency exchange globally. The trading platform can now operate in Abu Dhabi following the Monday certification. Kraken pushes into the Middle East as the region witnesses increasing crypto adoption. The market registration of Abu Dhabi revealed the move in an announcement. Kraken became the first platform certified to operate as … Read more

Ethereum (ETH): What These Metrics Mean for The Alt

Price charts over the previous week showed Ethereum’s performance mimicked Bitcoin’s trend. The latest bearish waves saw altcoins on substantial price declines. Though Ether registered a $3,200 daily peak on Wednesday, ETH holders didn’t enjoy the week. The leading alt remained stuck insider the range of $3,087 – $3,003 within the past couple of days. … Read more