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The Ethereum price showed a slight dip of 0.3% during Wednesday’s U.S. trading session, currently sitting at $2,432. This neutral candle formation suggests an indecisive market with no clear buyer or seller dominance. As ETH continues to consolidate, here are 5 key factors that could push its price in a more decisive direction. Ethereum’s MVRV…
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BNB price hints at a potential market rebound following a recent correction, with bulls seemingly regaining momentum. The ongoing recovery rally is advancing towards the rounding bottom’s neckline, signaling a possible bullish breakout. A successful breakout could propel BNB toward the $650 mark in the near term. However, market sentiment remains critical in shaping the…
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BonkBot, currently one of Telegram’s most utilized trading bots, intends to shift to a non-custodial model to ramp up its security through Pre-TX protection against hackers. It focuses on a non-custodial model, in which one prioritizes the security of the users by letting them control their assets. The users will always have access to their…
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Littio, a Colombian neobank, has announced that its Yield Pots platform will no longer operate on Ethereum (ETH) but Avalanche (AVAX) This move is to meet increasing appetite for U.S. Treasury bills and to enhance efficiency in its transactions with its customers. This could mean an upsurge in the AVAX price as more users and…
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Federal prosecutors in Boston have charged four cryptocurrency companies and their leadership with market manipulation and fraudulent trading practices. The firms implicated include Gotbit, ZM Quant, CLS Global, and MyTrade. This groundbreaking case has already seen five individuals plead guilty or agree to do so. It marks a significant milestone in efforts to combat fraud…
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On Wednesday, the crypto market experienced a sudden wave of selling pressure as Bitcoin headed for the $60k breakdown. While most major altcoins followed this downward momentum, Dogecoin showed resilience, posting a 0.4% intraday gain. The neutral candle formation suggests that DOGE is continuing its sideways trend, but whale accumulation and an imminent breakout from…
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During Wednesday’s U.S. trading session, the crypto market showed a bearish outlook as Bitcoin headed close to a $60k breakdown. Along with most major cryptocurrencies, Toncoin price also faced downward pressure, recording a 1.5% intraday loss and nearing a $5 support break. Will the bearish momentum stabilize for a potential reversal as the TON blockchain…
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John Reed Stark believes that Cryptocom has made a huge mistake by filing a lawsuit against the US Securities and Exchange Commission (SEC). The ex-SEC official does not see the possibility of a win for the exchange and broader cryptocurrency ecosystem. Rather, he predicted three potential events that are likely to follow the suit. Cryptocom…
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The Federal Reserve’s September meeting minutes have diminished prospects for a 50 basis point rate cut in November, presenting a bearish outlook for Bitcoin. This comes after the market had already priced in expectations of a 50 bps cut following Fed Chair Jerome Powell’s dovish remarks after the September FOMC meeting. The September minutes are…
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Uniswap (UNI) price has experienced a modest recovery amid recent market dynamics. Despite persistent volatility, the token shows potential for further gains. Currently trading within a slightly bullish pattern, Uniswap aims for a breakthrough as it targets the $20 mark. However, the price faces a crucial resistance level that could influence its next movement. As…