The U.S. Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred inflation measure, is due tonight and its release could be crucial in determining whether interest rate […]
Gold Price Drops Below $3290 Per Ounce
Spot gold prices experienced a minor dip of $4, falling below the $3290 mark per ounce. This represents an approximately 0.83% decrease for the day.
Bitcoin Holds Steady Near $106K Before Possible Surge
The cryptocurrency market is showing resilience against global economic uncertainty. Bitcoin’s price has stabilized around $106,000, potentially signaling a brief pause before it resumes upward momentum. The stability […]
Bitcoin’s Pause May be Precursor to Price Spike as Market Digests Recent Gains
Following a legal ruling that temporarily blocked US President Donald Trump’s tariffs, Bitcoin is experiencing a period of sideways movement, according to crypto analyst Nick Forster. While recent […]
Bitcoin ETF Outflows Halt After BlackRock’s Surge
A notable shift has occurred in the landscape of Bitcoin exchange-traded funds (ETFs), with a sudden reversal of investor inflows. US spot Bitcoin ETFs experienced their first joint […]
XRP Profitability Surpasses 90%, Reaches Bitcoin Levels
XRP’s profitability has soared to over 90% as of May 29th, surpassing major altcoins like Ethereum and Chainlink. Analysts attribute this surge to growing institutional confidence fueled by […]
Technical Analysis Suggests XRP Breakout Towards $2.63
The cryptocurrency XRP is showing potential for a price breakout, with analysts citing both inverse head-and-shoulders and falling wedge patterns as indicators of increasing bullish sentiment. Trading near […]
Chainlink & Monero Surge Amid Shift in Market Focus
Ethereum and Chainlink experience a dip, while Monero remains strong. Traders are turning their attention to Unstaked’s ambitious roadmap with an estimated $1 target by 2027, positioning it […]
Bitcoin Long-Term Holdings Surge Past $32 Billion, Signaling Market Confidence
A significant surge in long-term Bitcoin holdings has been observed, with over 1.4 million BTC moving into these positions. This shift, totaling more than $32 billion in value, […]
Ethereum Hits Three-Month High Amid Market Rally
Ethereum has experienced a significant price surge, reaching a three-month high of over $2,700. This rise is attributed to robust investor interest and institutional activity driving market optimism. […]
US Economy Slows: How it Impacts Crypto Markets
A recent US GDP contraction, signaling a slowdown in economic growth, raises questions about the impact on the crypto market. While cryptocurrencies operate independently of traditional financial systems, […]
TON Futures OI Soars 33%, Signaling Volatility and Potential Market Shifts
TON futures open interest experienced a significant surge of 33%, jumping from $143 million to $190 million in a single day. This upward trend signifies growing trader participation […]
Bitcoin Price Stuck in Tight Range Near $107K as Pattern Indicates Potential Breakout
Bitcoin is currently trading within a tight range, exhibiting signs of potential breakout either upward or downward. 107,107 serves as key support and resistance levels while the 50-period […]
Bitcoin Market Shows Early Signs of Upside, While Activity Remains Quiet
While the Bitcoin market has remained relatively quiet despite reaching a record high of almost $112,000 on May 22nd, early indicators suggest a potential shift in sentiment. The […]
Bitcoin Surpasses $111K, Driven by Profit-Taking and Strong Market Activity
Bitcoin has set a new record high of $111,000, fueled by profit-taking from earlier gains, increasing ETF inflows, and heightened trading activity across exchanges. The asset’s performance continues […]