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“# JPMorgan sounds alarm over ‘frothy’ crypto markets after August boom ” JPMorgan analysts have warned clients that cryptocurrency markets are looking frothy after the August trading boom saw spot market trading volumes once again top $1 trillion. In a note to clients reported by Markets Insider, the JPMorgan analysts suggested valuations in crypto markets,…
“# Judge orders Ripple to hand over 1 million Slack messages to the SEC ” U.S. Magistrate Judge Sarah Netburn has ordered Ripple to produce one million missing Slack messages between employees which the Securities and Exchange Commission (SEC) has sought to access. Despite Ripple’s protestations that complying would cost up to $1 million, the…
“# 17% of Australians now own crypto, totaling $8B between them: Survey ” One in six Australians now own cryptocurrency, with the total value of their holdings adding up to $8 billion, according to a recent survey. The full report of the Finder Consumer Sentiment Tracker was posted online on September 2. It is a…
“# Traders identify $51K as the key level for Bitcoin to overcome in the short term ” The crypto market is back in high spirits on Sept. 2 after Bitcoin price briefly tapped the $50,000 level in the early morning trading session. The move above the key resistance level came as industry insiders hinted that…
“# Traders use this classic trading pattern to determine when to ‘buy the dip’ ” Traders use various technical analysis tools to identify emerging trends and profitably trade that direction. One popular trend-defining pattern that traders often rely on is called the price channel. An ‘ascending channel’ or a “bullish price channel” is formed by…
“# Presearch, Aragon and IOTA explode higher after Bitcoin price clips $50K ” Optimism across the crypto market continues to rise as bullish developments in the price of Bitcoin and Ethereum (ETH) renewed discussions about a 2013-style double-pump rally that could push (BTC) price past $100,000. The positive price action hasn’t been limited to the top…
“# NFT projects and high yield opportunities back Zilliqa’s strong rebound ” One of the most important factors in the long-term success of a blockchain platform is having an active community of supporters and developers that work to showcase the capabilities of the network by creating new products and interacting with projects on the protocol. …
“# XRP price chart ‘bull flag’ puts the next bullish target at $1.50 ” XRP price edged higher on Sep. 2 as traders assessed Ripple Labs gaining an edge over the United States Securities and Exchange Commission (SEC) in an ongoing courtroom battle. The XRP/USD exchange rate surged by up to 4.74% to reach $1.296…
“# Bitcoin bull run sparks $180K BTC price prediction ahead of institutional ‘fireworks’ ” Bitcoin (BTC) made traders play a guessing game on Thursday as $50,000 looked increasingly shaky as new support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Crypto seeing “spectacular” September Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it crisscrossed…
“# MicroStrategy stock flips bullish with MSTR a Bitcoin ‘proxy’ for institutional investors ” MicroStrategy’s stock (MSTR) is preparing to undergo a massive bull run in the sessions ahead. So shows a technical setup, dubbed inverse head and shoulder, that has a history of predicting upside moves with an accuracy of 83.44%, as per Samurai…