The Ethereum price surged 1.03% during the low-volatility Sunday trading session to currently trade at $2,438.The upswing market is a recovery from weekday selling pressure fueled by a war-like situation between Israel and Iran. Will the correction trend extend as ETH L1 fees record an all-time low, promoting a reverse from the prior deflationary trend?…
The Bitcoin price surged 0.55% during the low-volatility weekend, currently trading at $62400. Following the broader market relief rally, the BTC price showcased its sustainability at $60,000 support, bolstering buyers to recuperate the bullish momentum. This recovery could witness another boost as the UAE Federal Tax Authority (FTA) recently announced VAT exemptions for virtual asset…
Toncoin price struggled during the low-volatility weekend, posting a 3.2% decline over the last 24 hours. The bearish momentum heading for a $5 breakdown can be attributed to geopolitical tension in the Middle East or a looming death crossover between key EMAs. Will TON buyers manage to counter-attract amid the new ‘Gift’ feature launched on…
The crypto universe has closed another week with remarkable events unfolding across the wider sector. The Israel-Iran conflict brought significant turbulence to the broader market, whereas the recent U.S. jobs data sparked further investor speculation. Meanwhile, the Ripple vs US SEC saga saw new lawsuit developments, with XRP tackling considerable turbulence this week. Here’s a…
Elon Musk has confirmed his attendance at a political rally hosted by former U.S. President Donald Trump in Butler, Pennsylvania, the site of a previous assassination attempt on Trump. This high-profile appearance by Musk alongside Trump will draw significant attention, potentially impacting the crypto market as October begins. This month has been historically positive for…
The crypto weekend witnessed ease from the border market selling pressure fueled by the escalating conflict between Israel and Iran. As Bitcoin holds support above $60,000, most major altcoins, including ARB. With the dominant position in Layer 2 space concerning Total volume locked (TVL), the Arbitrum price is poised for higher recovery. Arbitrum Price Targets…
The crypto market is waiting for the US Consumer Price Index (CPI) data, which is scheduled to be released later this week. The data, crucial to understanding the inflationary pressure in the economy, would be closely watched by investors, especially after the gloomy US Job data weighed on market sentiment. The stronger-than-anticipated nonfarm payroll data…
Institutional demand for Bitcoin rises as US Spot Bitcoin ETFs now hold 4.6% of the total supply, valued at $58 billion, almost surpassing the holdings of the biggest BTC owner, Satoshi Nakamoto. This surge underscores institutional investors’ preference for regulated investment options over direct crypto purchases. Spot Bitcoin ETFs Grab Almost 5% of Total BTC…
The XRP price shows a modest downtick of 0.22% during the Saturday trading session. Amid the geopolitical tension and recent appeal by the U.S. SEC, the Ripple coin struggles to drive a sustained recovery and prolong a sideways trend. Here are three reasons why the XRP price could escape the accumulation trend for a rally…
Legal expert Fred Rispoli has stated that Ripple has a better chance of winning the US Securities and Exchange’s (SEC) appeal in their lawsuit if an unbiased panel is sitting on the case. However, he claimed that the Commission would likely have a 70% to 80% chance of winning if the Judges who sit on…