The sell-off in the market since last week continues to drive investors out of their comfort following a remarkable rally from mid-October. Cryptocurrencies are bleeding immensely, led by Bitcoin price return to $40,000 after touching 2024 highs at $49,000. While this would have been an excellent time to buy the dip, the uncertainty hovering above […]
Venezuela’s Oil Exports Turn to Cryptocurrency to Dodge Sanctions
As a response to the renewed U.S. sanctions, Venezuela has intensified the use of digital currencies in oil transactions. PDVSA, the state oil company of the country, has been integrating cryptocurrency into its payment options for crude oil and fuel exports more and more in recent years with the goal of avoiding the freezing of […]
Is XRP Gearing Up For A Reversal After Drop Below $0.53?
Ripple’s XRP is in the red currently and has extended lower than the $0.53 mark. It seems like XRP’s declines wouldn’t come to a stop, however, analyst predictions suggest otherwise. A popular analyst has predicted that the XRP price is poised to rebound in the short term though it has lost over 14% in the […]
Ethereum Price: Justin Sun & Other Whales Accumulate $500M ETH, What’s Next?
The Ethereum price is once again in the spotlight as investors closely monitor whale activities amid recent price fluctuations. Despite a temporary slump, heightened whale trading has reignited optimism for a potential Ethereum price recovery in the near future. Notably, with significant developments on the horizon and increasing institutional interest, the trajectory of Ethereum remains […]
Bitcoin Price : Will Bitcoin Price Fall Below 34k This Month ?
Bitcoin, the pioneer in the cryptocurrency space, has recently taken a downward plunge, testing the $41,000 mark. This downward trend is mirrored in the global crypto market cap, witnessing a 1.65% loss in the last 24 hours, settling at $1.62 trillion. Despite finding stability around $41,000 over the weekend, the market is currently caught in […]
Top 5 Trending Cryptos You Should Watch Today
The coins that are in trend this week are Solana (SOL), Voxies (VOXEL), Mallconomy (WOOT), Aevo (AEVO), and Hooked Protocol (HOOK). While the broader crypto market is moving steadily with no significant price spikes and no drops, Solana (SOL) is leading with its incredible price surge of 13.14% in the last 7 days. Voxies (VOXEL) […]
Michael Saylor Shares Cryptic Post, Is Next Bitcoin Buyup in View?
MicroStrategy’s former CEO Michael Saylor recently posted a cryptic statement on X that has sparked speculations amongst crypto X community members. The MicroStrategy Bitcoin Strategy The post, which had a picture of an apple and BTC logo on it, suggests that Saylor’s firm may be looking at acquiring more Bitcoin. MicroStrategy has a Bitcoin strategy […]
Ethereum Price Analysis: Whale Accumulation Fuels Potential Breakout Rally to $4000
Ethereum Price Analysis: The cryptocurrency market has been witnessing a modest upswing since the completion of Bitcoin Halving last Friday. The renewed recovery pushed the Bitcoin price to $37000 and bolstered the altcoin market to enter a relief rally. Thus, the second largest cryptocurrency by market cap Ethereum rebounded from the 38.2% Fibonacci retracement level— […]
Coinbase CLO Challenges Court Ruling In SEC vs Crowd Machine Lawsuit
Coinbase and the U.S. Securities and Exchange Commission (SEC) are currently engaged in a legal battle. Amid the court battle, Coinbase CLO Paul Grewal criticized the recent court ruling for a lawsuit by the SEC against Crowd Machine. This led to a renewed battle on whether tokens should be considered securities or not. Coinbase CLO […]
Hong Kong’s Spot Bitcoin ETF and Ethereum ETF To Start Trading On April 30
As Hong Kong accelerates its drive to list the first batch of spot Bitcoin and Ethereum ETF, China’s top asset managers are currently in the final preparations to kickstart trading by April 30. The launch certainly brings excitement for Asian crypto investors after seeing the success of US spot Bitcoin ETFs that accumulated more than […]