Tag Archives: cryptocurrency

Ethereum Supply On Exchanges Shrinks: Multi-Year Lows Signal Bullish Setup

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As Ethereum (ETH) fell below $4,000 for the first time since August 8, amid a market-wide pullback, the exchange reserves of the cryptocurrency also recorded a sharp decline. Notably, leading crypto exchanges like Binance and Coinbase Advanced witnessed a sharp increase in ETH outflows. Ethereum Reserves On Binance, Coinbase Advanced Dwindle According to a CryptoQuant… Continue reading Ethereum Supply On Exchanges Shrinks: Multi-Year Lows Signal Bullish Setup→

All-Time Highs For Gold, S&P500; Crypto Stands Alone In The Red – What’s The Root Cause?

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Crypto markets have recently faced renewed challenges, despite a brief resurgence following the US Federal Reserve’s (Fed) rate cut that initially propelled Bitcoin (BTC) back toward the $120,000 mark.  This week, however, Bitcoin has dropped to the lower end of its established consolidation range, fluctuating between $110,000 and $115,000. Analysts from The Bull Theory have… Continue reading All-Time Highs For Gold, S&P500; Crypto Stands Alone In The Red – What’s The Root Cause?→

Bitcoin Faces Bearish Pressure As Exchange Inflows Stay Elevated – Will BTC Lose $112,000 Support?

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According to data from Coinglass, the crypto market saw liquidations worth more than $1.6 billion over the past 24 hours, with the majority of them being long positions. Elevated exchange inflows threaten to crash Bitcoin (BTC) further below the important support level at $112,000. Bitcoin Tumbles, Will It Lose $112,000? Bitcoin fell from around $116,000… Continue reading Bitcoin Faces Bearish Pressure As Exchange Inflows Stay Elevated – Will BTC Lose $112,000 Support?→

Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?

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The cryptocurrency market began the week with a notable downturn, as total sector capitalization dipped toward $3.8 trillion. Bitcoin (BTC), the leading cryptocurrency, experienced a significant correction, trading as low as $112,700.  CoinGecko data shows that this decline had a ripple effect, causing major altcoins such as Ethereum (ETH), XRP, Solana (SOL), and Dogecoin (DOGE)… Continue reading Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?→

BlackRock Leads Spot ETH ETF Inflows With Over $500M, Ethereum Possibly On Track To $5,000

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Ethereum’s institutional narrative is strengthening as US-based Spot ETF trackers witnessed another week of inflows last week. BlackRock’s ETHA fund captured the majority of this activity with more than half a billion dollars in new investments, while other ETFs struggled with minor outflows.  At the same time, technical patterns are aligning with this buying pressure,… Continue reading BlackRock Leads Spot ETH ETF Inflows With Over $500M, Ethereum Possibly On Track To $5,000→

XRP Needs To Defend $2.98 Support To Avoid Deeper Correction – Details

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XRP has failed to maintain bullish momentum after pushing as high as $3.13 during the week. At the time of writing, XRP is trading around $3.00 and testing its resilience above this level after sliding alongside Bitcoin. The resulting price action is a defining moment for XRP’s short-term trend, according to technical analysis, and crypto… Continue reading XRP Needs To Defend $2.98 Support To Avoid Deeper Correction – Details→

As XRP Grabs Headlines, Can Cardano Price Surge Toward $100?

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While tokens like XRP dominate headlines amid rising gearing up for a massive breakout. The big question now is whether the cryptocurrency has the momentum to reach a $100 milestone.  Why A $100 Cardano Price Remains A Distant Goal Cardano’s price action has generated significant interest in recent months, as analysts from Changelly attempt to… Continue reading As XRP Grabs Headlines, Can Cardano Price Surge Toward $100?→

X Blows The Lid Off Bribe Scandal In Crypto Account Restorations

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The Elon Musk-owned X social media platform has gone public with claims that a bribery network tried to pay its staff to bring back suspended crypto accounts. According to the company, middlemen acted on behalf of banned users, offering money to insiders in hopes of overturning account suspensions tied to scams and market abuse. Bribery… Continue reading X Blows The Lid Off Bribe Scandal In Crypto Account Restorations→

Shiba Inu Joins The Ranks Of Dogecoin, XRP On Coinbase ETF Watchlist – The Next Big Thing?

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Shiba Inu is now entering the same space as some of the largest cryptocurrencies when it comes to discussing exchange-traded funds (ETFs). The SHIB coin is starting to gain notice as it appears on Coinbase’s radar. Coinbase already offers a futures product for Shiba Inu, and this step positions the meme coin for consideration as… Continue reading Shiba Inu Joins The Ranks Of Dogecoin, XRP On Coinbase ETF Watchlist – The Next Big Thing?→

Bitcoin Exchange Supply Ratio Declines After Fed Cut, Setting Stage For $120,000 Test

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Earlier this week, the US Federal Reserve (Fed) cut interest rates by 25 basis points, providing the much-required impetus to the economy after a cycle of raising interest rates to keep inflation under check. A cut in interest rates is likely to benefit risk-on assets, including Bitcoin (BTC). Fed Cuts Interest Rate, Bitcoin Supply Ratio… Continue reading Bitcoin Exchange Supply Ratio Declines After Fed Cut, Setting Stage For $120,000 Test→