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“# Dog day afternoon as Vitalik dumps multiple memecoins in the name of charity ” The dog-themed race up the cryptocurrency charts came to an abrupt halt on May 12 as a majority of the previously hot meme tokens including Shiba Inu (SHIB) and Dogelon Mars (ELON) saw their prices drop more than 40% with…
“# Ethereum price aims for $5K after reaching 3-year high versus Bitcoin ” Ether (ETH) set a second all-time high on May 12 as the largest altcoin continued on its way to what analysts say will be $5,000. ETH/USD 1-hour candle chart (Bitstamp). Source: Tradingview Funding rates could hold key to ETH resilience Data from…
“# How did Internet Computer (ICP) become a top-10 cryptocurrency overnight? ” Traders valued Internet Computer (ICP) at $630 in its debut on Coinbase on Monday. On Binance, however, the dollar bids for the token surged to as high as $3,093 as of Tuesday. Meanwhile, HitBTC reported ICP at the peak of roughly $407. The…
“# Bitcoin price bounces despite stocks rout as Ethereum hits new $4,350 high ” Bitcoin (BTC) gained 4.3% on May 12 as cryptocurrencies recovered losses despite increasing turmoil on global stock markets. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price reverses upwards Data from Cointelegraph Markets Pro and Tradingview showed BTC/USD erasing almost all the…
“# EOS and YFI lead altcoins higher as Bitcoin and Ether bounce from swing lows ” The markets were mixed on May 11 as Bitcoin (BTC) recovered from Monday’s drop to $53,000 by bouncing to $56,862 but the digital asset is still finding resistance at the $57,000 level. Ether (ETH) also worked its way back…
“# Dogelon Mars, Shiba Inu and Dogecoin take the lead as Bitcoin consolidates ” Cryptocurrency traders awoke to an altcoin bonanza as a handful of meme tokens, along with some of the more established projects, staged double-digit rallies while Bitcoin (BTC) price slowly recovers to the $57,000 level. The biggest event generating conversations across the…
“# Bullish sentiment begins to fade after Ethereum all-time high at $4,200 ” The last couple of weeks have been nothing short of astonishing for Ether (ETH), as the cryptocurrency hiked over 80% to reach a $4,200 all-time high. Even after a 7% correction, the gains accumulated in 2021 surpass 300%, and Ether currently holds…
“# Yearn.finance price nearly hits $70,000 — What’s driving the YFI bulls? ” A lackluster cryptocurrency market did little in offsetting Yearn.finance’s bullish bias as the price of its governance token, YFI, reached new record highs in United States dollars on Tuesday — just shy of $70,000. YFI price hits new highs in USD The…
“# Bitcoin support wobbles amid warning BTC price could hit $40K next ” Bitcoin (BTC) could see a price drop to as low as $40,000 if higher support levels fail to hold, an industry CEO said. Speaking to Bloomberg on Tuesday, Pankaj Balani, CEO of digital asset derivatives exchange Delta Exchange, warned that there is a…
“# Dogecoin price dumps, but whodunnit? Whales, institutions or retail traders? ” Most recently, DOGE pulled off a 10x gain as it rallied to $0.74 in the past week. The breakout was fueled mainly by Tesla CEO Elon Musk and his constant mentions of the token on social networks and interviews. Surprisingly, as Musk debuted…