Ethereum (ETH) has been on a downward slide lately, dropping 17% in the last month. Experts are watching closely to see if it can break through some key resistance levels. Crucial Resistance Levels Crypto analyst Ali Martinez has identified two important price points: $2,100: This is seen as a necessary level for a new upward…
A crypto analyst, known as Cheds, is predicting some price drops for popular cryptocurrencies. Let’s take a look at what he’s saying. Dogecoin’s Potential Plunge Cheds, who boasts a large following on X (formerly Twitter), believes Dogecoin (DOGE) could see a significant correction. He’s predicting a drop of around 33%, potentially taking DOGE down to…
Institutional investors are cautiously returning to the crypto market, pouring millions into altcoins after a period of significant outflows, according to CoinShares. A Week of Inflows Last week saw a total of $226 million in inflows into digital asset investment products. This marks a positive shift after a record-breaking outflow period. While Friday saw a…
The Commodity Futures Trading Commission (CFTC) has scrapped an old advisory that made it tough to list new cryptocurrency derivatives. This means it’s now easier for companies to offer these financial products. What’s a Crypto Derivative? A crypto derivative is basically a financial instrument whose value is tied to a cryptocurrency’s price. You can bet…
Circle, the company behind the popular USDC stablecoin, is gearing up for a major initial public offering (IPO) in April. This time, they’ve got some heavyweight backing. Banking Giants Join the Party According to reports, banking giants JPMorgan Chase and Citi are partnering with Circle for its IPO. These banks previously advised Coinbase before its…
Bitcoin’s price has been struggling lately, leading many to believe the peak is behind us. But not everyone agrees. Several crypto analysts are pushing back against this bearish sentiment, predicting further growth for the flagship cryptocurrency. A Bullish Outlook Despite Price Drops BitQuant, a well-known crypto analyst, confidently stated that Bitcoin hasn’t reached its peak…
The Trump family is making a big move into the cryptocurrency world, partnering with Hut 8, a major Bitcoin mining company, to create a new venture called American Bitcoin. A New Mining Company is Born Hut 8 is contributing most of its Bitcoin mining equipment in exchange for a significant stake (80%) in American Bitcoin….
Dogecoin is having a rough start to the year. It’s on track for its worst first quarter in seven years, with a whopping 46% loss. This raises concerns that it might repeat its disastrous 2018 performance. A Really Bad Quarter Data shows Dogecoin’s Q1 2025 loss is its first in three years. Compare this to…
Crypto markets saw a major pullback over the past two weeks, with investors withdrawing a whopping $1.2 billion from investment products. This follows a similar trend the previous week, indicating a growing sense of caution. Bitcoin Takes the Biggest Hit The biggest loser? Bitcoin, with a staggering $630 million pulled out. While some might think…
XRP’s price took a bit of a tumble recently, dropping almost 6% in a single day. This sent it close to a key support level around $2, and things are looking a little bearish right now. But don’t count XRP out just yet! A Bullish Prediction One analyst, Dark Defender, is still super optimistic about…
