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Trader’s interest in Solana is strong, but declining memecoin prices and SOL token unlocks have put a cap on the altcoin’s rally. Key takeaways: Solana’s strong network activity contrasts with SOL’s token unlock schedule. MEV issues and memecoins’ price decline pose a risk to Solana’s growth potential. Read more If you liked the article, do…
Bitcoin is getting bullish cues from its “cleanest trend indicator,” leading analysis to predict a run to $200,000 this year. Key points: Bitcoin’s “cleanest trend indicator” is flashing bullish for the first time since mid-2024. Previous signals mostly resulted in a BTC price blow-off top over the coming year. Read more If you liked the…
Crypto mining stocks fell on May 28 amid uncertainty stemming from the Federal Reserve’s minutes, while the broader crypto market remained relatively resilient. US crypto mining stocks tumbled at the close of May 28 trading after minutes published by the Federal Reserve signaled its growing uncertainty about the country’s economic outlook. The crypto market remained…
Call options outweigh puts in ETH’s $2.8 billion options expiry. Will Ethereum rally back to $2,700? Key takeaways: 97% of ETH put options will expire worthless if ETH holds above $2,600. A bullish ETH price outcome could be limited by macroeconomic factors and trading strategies that cap Ether gains. Read more If you liked the…
Bitcoin eyes fresh multiday lows with risk assets suffering from a lack of volatility catalysts and fading hopes of a Fed rate cut before September. Key points: Markets increasingly see fewer Fed rate cuts this year, with the first only coming in September. Despite potential labor market weakness to come, crypto and risk assets lack…
XRP traders say it has the potential to rebound to $3.40 as the SEC begins a formal review of WisdomTree’s spot XRP ETF application. Key takeaways: XRP’s falling wedge pattern signals a bullish reversal; 48% price surge potential. SEC’s review of WisdomTree’s XRP ETF may spark investor interest as approval odds jump to 84% on…
Bitcoin’s largest traders appear confident in increasing exposure just below all-time highs, but a BTC price correction is still on the cards. Key points: Bitcoin whales are adding to their BTC positions while price ranges below all-time highs. If a new market correction comes, one potential bounce level lies in the mid-$90,000 zone. Read more…
Bitcoin’s largest traders appear confident in increasing exposure just below all-time highs, but a BTC price correction is still on the cards. Key points: Bitcoin whales are adding to their BTC positions while price ranges below all-time highs. If a new market correction comes, one potential bounce level lies in the mid-$90,000 zone. Read more…
Bitcoin’s largest traders appear confident in increasing exposure just below all-time highs, but a BTC price correction is still on the cards. Key points: Bitcoin whales are adding to their BTC positions while price ranges below all-time highs. If a new market correction comes, one potential bounce level lies in the mid-$90,000 zone. Read more…
The third quarter of the year has historically been Bitcoin’s weakest-performing on average, and analysts are debating whether its current momentum will continue. Bitcoin’s recent all-time high of $111,970 has sparked optimism among crypto market participants, but whether that carries through into the third quarter of this year remains uncertain, analysts say. “The coming weeks…