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On Wednesday, September 20, the fast-paced tech and investment companies Apple and Goldman Sachs dropped plans to launch a trading application. A source privy to the matter said the proposed futures trading application was supposed to be launched last year. However, due…
The cryptocurrency market has been down for months now, but the bearish trend got worse recently with Bitcoin dropping below $26,000. It was the first time the top cryptocurrency dropped below this level since March. However, the market has seen a slight…
In a wide-ranging interview with CNBC titled Squawk Box, the head of research at Fundstrat, Tom Lee, projected that approving the pending Bitcoin spot exchange-traded funds (ETFs) application will trigger the Bitcoin prices to garner bullish momentum. The analyst anticipates that the…
The team behind the world’s largest stablecoin, Tether (USDT), has announced plans to release revolutionary Javascript Libraries. The announcement conveyed by Tether developers revealed that the proposed Javascript modules would support sending commands and signals to Bitcoin-oriented mining hardware such as WhatsMiner,…
The UK-based British multinational bank Standard Chartered forecast that Bitcoin (BTC) will break the $120 000 resistance level in Q4 of 2024. The Standard Chartered report demonstrated that the BTC price will increase by 300% from the $30 000 current reading. In…
Key Insights: The LEO market indicates a positive attitude with rising asset demand and increasing trading volume. Traders should wait for a stronger bullish signal before starting a long position in LEO. Bearish reversal signals indicate the current rally in LEO is…
Key Insights: Chainlink experiences bearish market sentiment and hits a target price of $7.60, with the potential for further drops. The bears are in control, with resistance at $7.95 and support at $7.49. Technical indicators suggest caution for investors as selling pressure…
BlackRock, a well-known asset management company, is contemplating initiating stock tokenization. Larry Fink, the chief executive officer of BlackRock, has recently issued a letter for the investors. In the letter, the executive brought to the front the remarkable developments that the company…
Last week’s biggest news was the CFTC’s (Commodity Futures Trading Commission) lawsuit against crypto exchange Binance. The agency accused the company of unregistered derivatives trading. The accusations don’t end there; CFTC also claims that Binance failed to adopt effective know-your-customer and anti-money…
Popular YouTubers Graham Stephan and Bitboy_Crypto face another billion-dollar lawsuit for allegedly promoting Binance, a cryptocurrency exchange, on their social media platforms. The lawsuit seeks $1 billion in damages and names NBA star Jimmy Butler and Binance CEO Changpeng Zhao as co-defendants….
Dogecoin (DOGE) Dogecoin’s (DOGE) market was under bearish control in the early hours until finding support around the intra-day dip of $0.07429. As a result, bulls grabbed market dominance and managed to rise in price to a 1-day peak of $0.07841 (its…
Cryptocurrencies are digital assets that use cryptography to secure their transactions and to control the creation of new units. Over the past few years, cryptocurrencies have become increasingly popular among investors as their prices have significantly increased. If you’re interested in investing…
According to coinmarketcap, the top gainers on the last day were 1-inch Network (1INCH), Arbitrum (ARB), and Conflux (CFX). 1inch Network (1INCH) Bullish momentum in the 1inch Network (1INCH) market has been strong in the previous 24 hours, with bulls taking the…
In a shocking turn, Seychelles-based virtual currency exchange OKX has recently unearthed $157 million in online holdings owned by prominent firms FTX and Alameda Research. As a result of the discovery, OKX has pledged to transfer the assets to the insolvency estates…
Key Insights: FLR market experiences strong bullish momentum with potential resistance levels at $0.047 and $0.05. MACD and RSI indicators support a bullish trend, but overbought conditions may lead to short-term pullbacks. Traders should monitor support levels and use risk management strategies…
The United States Commodity Futures Trading Commission (CFTC) has lodged litigation against Binance, a crypto exchange, and its creator, Changpeng Zhao, accusing them of violating the law by offering cryptocurrency derivatives to customers in the U.S. without being registered. Based on the…
Key Insights: Bullish sentiment dominates top gainers, driving prices higher. Traders should closely monitor price action and resistance levels for potential shifts. Strong demand and increasing momentum signal potential for continued growth. MASK Network (MASK), ssv.network (SSV), Neo (NEO), and OKB (OKB)…
The Ethereum (ETH) market began the day with bearish momentum, causing the price to fall until finding support at the intraday low of $1,716.65. As the support was established, bulls entered the market and successfully pushed ETH to a 24-hour high of…
Despite the crypto rally slowing down this week, some leading cryptocurrencies have still increased by double-digit percentages. Credit Suisse’s crisis largely triggered the upward price movement. Initially, the financial institution had requested a $54 billion loan from the Swiss National Bank to…
Key Insights: LUNC shows bullish solid momentum with potential for further gains. Traders should closely monitor Aroon indicators for potential market shifts. LUNC may present a buying opportunity for value investors due to oversold conditions. The bulls and bears have been fighting…
