In recent days, Elon Musk-backed meme coin Dogecoin (DOGE) has experienced a significant price correction, with a decrease of over 14% in the past 30 days. This decline can be attributed to the market’s waning sentiment surrounding the hype generated by the approval of Bitcoin Exchange Traded Funds (ETFs), and the lack of bullish catalysts.
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Celsius Network, a now-bankrupt crypto lender, has recently initiated its reimbursement plan for its creditors, which could potentially destabilize the Ethereum price movement. On-chain data obtained from crypto market intelligence company Arkham Intelligence reveals that Celsius Network transferred over $125 million worth of ETH to various crypto exchanges in the past week. The transfers consisted
The introduction of US spot Bitcoin Exchange-Traded Funds (ETFs) has stirred much excitement and speculation within the crypto trading community. One prominent figure in this space, Ash Crypto, boldly predicts that these ETFs could propel Bitcoin’s price to a staggering $500,000. This article delves into the rationale behind Ash Crypto’s forecast and explores the potential
Chainlink (LINK) has been garnering attention in the world of crypto trading as its price hovers near the $16 mark, suggesting the possibility of a breakout towards $17 or even $20. Traders have been observing LINK’s consolidation between the $13.00 and $17.00 range since November, which presents lucrative opportunities for those who can navigate market
Cryptocurrency intelligence firm ChainArgos has released a detailed analysis highlighting potential irregularities in the token allocations and flows of MATIC, the native cryptocurrency of the Polygon network. The investigation raises serious questions about the integrity of token allocations and suggests a coordinated effort by the Polygon team and Binance to manipulate the price of MATIC.
Ethereum has recently made a stunning leap, overshadowing Bitcoin with a 14% surge in just two weeks. Surpassing $2,600 for the first time since May 2022, Ethereum has shattered a major psychological barrier. This breakthrough not only confirms the ongoing uptrend but also triggers a wave of technical buy signals, propelling the price even higher.
The recent approval of spot Bitcoin ETFs by the US Securities and Exchange Commission (SEC) marks a significant milestone in the history of US trading. These investment funds have already demonstrated increased institutional demand for Bitcoin, with over $800 million in total net inflows and $3.6 billion in trading volume recorded in the first two
Solana (SOL) has made impressive strides in recent years, and there are indications that this promising cryptocurrency could continue its upward trajectory. According to crypto analyst Ali Martinez, SOL may reach as high as $150 in the near future. Martinez points out that Solana is breaking out from a bull flag pattern on the 4-hour
The price of Bitcoin has been enjoying a strong bullish momentum following the approval and launch of Spot Bitcoin ETFs. However, crypto analyst Jason Pizzino predicts a potential halt in this upward trajectory. In a recent YouTube video, Pizzino shared his insights on the current market conditions of Bitcoin, highlighting a crucial resistance point that
Shiba Inu (SHIB), the meme-inspired cryptocurrency, has experienced a significant downtrend since the beginning of the month. Its price plummeted by 20% from the yearly open and reached a low of $0.000008735 on January 8th. Although SHIB has recovered by 15% since then, trading at $0.000009763, it is still showing signs of decline with a
The recent approval of a Bitcoin spot ETF in the US has created a significant impact on the cryptocurrency market, resulting in a surge in prices. Among the altcoins, Ethereum Classic (ETC) stands out with an impressive rally of over 50% in the past week. This surge is a result of increased institutional interest in
Crypto enthusiasts have been given new reasons to be optimistic, thanks to a bold prediction made by Samson Mow, former CSO at Blockstream. Mow envisions a massive surge in the price of Bitcoin, which he calls the “Omega Candle,” eventually reaching an astonishing $1 million per coin milestone. This prediction comes at a time when
Crypto analyst Skew has identified key price levels for Dogecoin (DOGE) that could result in profitable opportunities for investors. Additionally, other analysts have shared their insights on the meme coin’s potential price movements. This article will explore the critical price levels, analyst predictions, and the factors that could contribute to a bullish momentum for Dogecoin.
Following the recent approval of Spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC), the crypto community is now turning its attention towards the possibility of XRP ETFs. Steve McClurg, the Chief Investment Officer (CIO) for Valkyrie, has voiced his support for this development. In an interview with Bloomberg, McClurg predicts that