Bitcoin price analysis: The largest digital asset is on the verge of breaking a crucial support level, triggering further losses at May’s outset. Bitcoin’s market doldrums started just before halving but continued after the event, denying bulls of another push above the $70,000 mark. As Bitcoin descended from its post-halving peak above $67,000, the entire […]

The cryptocurrency market points to an extended correction trend as Bitcoin price plunged to a low of $61000 on Tuesday. Amid the market sell-off, Pepe, the Frog-theme memecoin tumbled 7.3% struggling to hold its value above the 38.2% Fibonacci retracement level at $0.0000065. However, analysis of the 4-hour chart shows the Pepe coin price is […]

2024 has already witnessed two Federal Reserve System meetings, and the third is happening today (30 April 2024). The official Fed Meeting for April has begun today and will last for two days when the FOMC will discuss the interest rates and other important issues. The Fed meeting has begun its process today, and the people are […]

Sui, the Layer 1 blockchain and smart contract platform, has made a groundbreaking move in the crypto world by announcing its partnership with Google Cloud. This strategic alliance, which has sparked widespread interest, sees the Layer 1 and Google Cloud teaming up to drive global Web3 innovation. Riding along the collaborative efforts of Mysten Labs, […]

Senior ETF analyst at Bloomberg, Eric Balchunas, recently highlighted the impressive trading volume of Hong Kong’s Bitcoin and Ethereum ETFs, underscoring the surging interest in the region’s market. Moreover, he dismissed negative comments around the supposed “poor performance” of these funds. Bloomberg Commends HK Bitcoin & Ethereum ETF Performance Critics have been highlighting the Hong […]

As the crypto world braces itself amidst the aftermath of the fourth Bitcoin halving, investors are eagerly seeking insights into the future trajectory of BTC prices. With the recent fluctuations in the global crypto market, many are pondering a pressing question: Will Bitcoin price plunge below the crucial $60,000 mark? Let’s delve into the analysis […]

The Binance Launchpad introduces four promising cryptocurrencies anticipated to surge in value in May. These include AltLayer, Manta Network, Xai, and NFPrompt. Each has shown resilience and strong performance despite recent market downturns. Binance Launchpad is a platform on Binance that facilitates token presales, helping blockchain entrepreneurs secure funding. Investors are keenly watching these assets, […]

Speculations are rife in the crypto market as the sentencing of former Binance CEO Changpeng Zhao looms. Dubbed CZ in the industry, Zhao’s potential prison term of up to 36 months has stirred discussions in the crypto market.  Meanwhile, as the hearing commences later today, the outcome remains uncertain, with prosecutors pushing for a sentence […]

As the crypto market braces for the Federal Open Market Committee (FOMC) meeting, analysts are predicting potential volatility for Bitcoin and Ethereum. Crypto analyst Michaël van de Poppe highlighted the significance of Wednesday’s FOMC decision, unemployment data, and the launch of ETFs in Hong Kong. Moreover, he underscored the impact of these events on the […]

Bitcoin price fell nearly 5% from the intraday high of $64,734 after the market participants shrug off spot Bitcoin and Ether ETFs launch in Hong Kong. The selloff momentum took BTC price even lower than yesterday’s price due to high leverages in anticipation of a relief rally. However, the crypto ETFs debut in Hong Kong […]