Coinbase Joins Push For US Bitcoin Reserve To Strengthen Economy
Coinbase, one of the leading cryptocurrency exchanges, has publicly endorsed the concept of a US Bitcoin reserve. This is considered a step toward making Bitcoin an essential strategic asset in the country’s financial future. Brian Armstrong, the CEO of Coinbase, has been very open about the need for stricter rules on cryptocurrencies. He has stressed…
Solana Experiences A ‘Scary Sweep’ After Breaking ATH – SOL To $600?
Solana (SOL) is trading at all-time highs after a dramatic 4-hour price sweep designed to shake out weak hands. Despite the scare, SOL has proven its resilience, surging over 62% since Monday in a rally that has captivated investors. The price action reflects Solana’s strength as it continues to outperform, with bullish momentum showing no…
Dogecoin ‘Power Of 3’ Pattern Enters Distribution Phase: Massive Bull Run Incoming?
Dogecoin seems to have finally return of greed sentiment into the crypto market. Intrestingly, technical analysis of the Dogecoin price chart shows that this greed sentiment is about to push the meme coin into a parabolic rally that would send it to new all-time highs. This rally is from a projection of the “Power of…
Coinbase Sees Rising Altcoin Interest As Traders Prepare For Big Moves
A popular cryptocurrency exchange platform foresees an outsized market rally for altcoins in the upcoming weeks after Donald Trump assumes the US presidency on January 20. A Coinbase analysis urged crypto traders to start positioning themselves in the altcoin space as a potential huge rally concerning altcoins is on the horizon. Coinbase Reports Rise Of Altcoins…
Ethereum Whales Control 43% Of Supply – What This Means For Retail Traders
Large holders of Ethereum, also called Ethereum whales, have been on an accumulation trend for a while now, with on-chain data revealing a fascinating increase in their collective holdings. Particularly, data from blockchain analytics firm IntoTheBlock shows that Ethereum whales now hold about 43% of the total circulating supply of ETH. The imbalance in ETH…
Bitcoin Price Stays Above $100K: Calm Before the Next Surge?
Bitcoin price started a short-term downside correction from the $106,250 zone. BTC is consolidating above $100,000 and might aim for a fresh increase. Bitcoin started a downside correction from the $106,250 zone. The price is trading below $103,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line…
Ethereum Price Faces Another Rejection: Will Momentum Return?
Ethereum price started a downside correction from the $3,500 resistance. ETH is consolidating above $3,120 and facing many hurdles. Ethereum failed to gain pace for a close above $3,500 and corrected gains. The price is trading below $3,320 and the 100-hourly Simple Moving Average. There is a short-term connecting bearish trend line forming with resistance…
XRP Price Holds Strong: Uptrend Shows No Signs of Slowing
XRP price started a fresh increase above the $3.050 level. The price is holding gains and might continue to rise if it clears the $3.20 resistance. XRP price gained over 15% and rallied toward the $3.40 zone. The price is now trading below $3.250 and the 100-hourly Simple Moving Average. There is a connecting bearish…
Cardano (ADA) Slips: A Healthy Correction or Bulls Losing Grip?
Cardano price started a fresh decline below the $1.050 zone. ADA is consolidating and might struggle to start a fresh increase above the $1.0250 level. ADA price started a fresh decline from the $1.150 zone. The price is trading below $1.0550 and the 100-hourly simple moving average. There is a connecting bearish trend line forming…
Donald Trump Memecoin Skyrockets Over 12,000% Overnight With $30B Fully Diluted Value – What Happened?
The TRUMP meme coin, the official Donald Trump cryptocurrency, took the crypto world by storm upon its launch on Friday. Within hours, it became the hottest topic in the market, captivating investors and enthusiasts alike. By Saturday morning, as the U.S. woke up to the news, the TRUMP coin had skyrocketed to an astonishing $30,…