The $2.6k support zone was decisively broken over the past two weeks Ethereum sellersâ consistent dominance has investors worried Ethereum [ETH] formed an ascending triangle pattern on the higher timeframes. The 16.6% drop from Tuesday to Friday was still within this bullish pattern and suggested that long-term investors can be hopeful of recovery. Ethereum has…
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial…
Crypto Live News Author: Mustafa Mulla Mustafa Mulla Author Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017. Sep 7, 2024 18:30 September has hit the crypto world hard, with a staggering $170 billion wiped out in just…
Outflows from U.S. spot Bitcoin ETFs, or exchange-traded funds, surpassed $706 million this week as bears pushed Bitcoin to $53,304 â its lowest level since Aug. 5. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $169.97 million in net outflows on Sep. 6, with Grayscale and Fidelity leading the pack. Fidelityâs FBTC…
Following Elon Muskâs claim that he canât wait to audit U.S. Federal Agencies under Donald Trump, a peculiar X post by the American entrepreneur caught nationwide attention on Saturday. The Tesla & SpaceX CEO confirmed the name âDOGE,â short for Department of Government Efficiency, reaffirming his plans to join the Trump team as an advisor…
September has been historically a difficult month for U.S. stocks. And when it comes to the Bitcoin market, the so-called âSeptember Effectâ could be just as prevalentâand the performance of the price of BTC this first week lends credence to the theory. The Wall Street phenomenon has been well documented for nearly a century. Since…
Crypto Live News Author: Mustafa Mulla Mustafa Mulla Author Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017. Sep 7, 2024 18:44 Whale activity in the Bitcoin and altcoin markets never fails to surprise, especially when they make…
Developers and companies are finding Nvidia AI chips cheaper to rent in China than in the US where the company is headquartered. The lower prices are reportedly a reflection of the steady supply of Nvidia chips in the Asian country, where the chips are supplied by small cloud vendors. This development shows that the US…
While the crypto market remains unpredictable and continues dipping, large investors are not relenting in their activities. Analysis by data intelligence firm Santiment has disclosed the top ten crypto projects with the highest increase in whale activity. In this context, whales refer to investors executing transactions valued at $100,000 or more. Crypto markets may be…
A significant shift in Federal Reserve policy has stirred market volatility, diverging from the more stable trends observed last month. While normal fluctuations are customary before Fed meetings, this upcoming policy meeting is notable for more than just a routine interest rate decision. The Federal Reserve plans to ease its policy, historically known to trigger…
Arbitrum and Ethereum investors are shifting their attention to a hot new altcoin thatâs making waves in the GambleFi sector. Rollblock, currently in its 6th presale stage, is trading at $0.025 and has already raised $3 million. With September returns hitting 150%, Rollblock is poised for significant growth. Many believe this altcoin could surge 100x…
September 7, 2024 at 02:10 PM GST updated: September 7, 2024 at 12:56 PM 2 mins read News TON Foundation launches a $23.7 million Toncoin incentive program for DeFi growth.  The program aims to boost USDT-TON liquidity and adoption on the TON Blockchain.  Key projects are driving the initiative to strengthen TONâs position in the…
With only a few weeks remaining until Asiaâs biggest online trading expo begins, donât forget to secure your spot in Bangkok. The final countdown to iFX EXPO Asia 2024 is officially in full swing ahead of its return to Thailand. It is one of the worldâs leading B2B online trading and fintech events and is…
đ Stay Ahead with AltcoinDaily.co! đ A United States judge has ruled in favor of Kalshi, a platform known for offering derivatives tied to real-world events. This ruling allows Kalshi to introduce derivatives contracts for betting on the results of the upcoming U.S. elections, scheduled for November 2024. The decision effectively overturned a previous order…
The post Ripple CEO Brad Garlinghouse Shares Big News and Challenges for the XRP Community appeared first on Coinpedia Fintech News Rippleâs CEO, Brad Garlinghouse, has provided new insights for the XRP community, offering a mix of both optimism and caution. In a recent interview, he shared promising developments around the launch of Rippleâs RLUSD…
Cardano set a new record of 35,000 ADA on daily trading volume for the first time. The Snek.Fun platform quickly gained popularity among creators and traders alike. The platform increased API flow and slowed transactions within the first hour of its debut. In what could be a remarkable feat, Cardano achieved a significant milestone in…
Key Points The U.S. added fewer jobs than expected in August, causing Bitcoin to drop to a monthly low. However, aggressive bets on Federal rate cuts increased after the jobs report was released. The United States added 142,000 jobs in August, falling short of the anticipated 160,000. This unexpected shortfall mirrored a decline in U.S….
Shiba Inuâs rival Neiro on ETH (NEIRO) sees a dramatic surge of over 600% after leading crypto exchange Binance launched its USD-margined perpetual contract. The broader crypto market continued its massive decline yesterday as investors reacted to the mixed report relating to U.S. nonfarm payrolls. Reason Behind NEIRO Surge Top crypto assets like Bitcoin (BTC),…
Este artĂculo tambiĂ©n estĂĄ disponible en español. Ethereum (ETH) is currently facing significant selling pressure and fear after a 23% decline, bringing its price down to yearly lows at $2,200. One major concern for investors is the ongoing underperformance of ETH compared to Bitcoin, a trend that has persisted since September 2022. Since then, Ethereum…
Home » Journal » Crypto Trader Reveals His JasmyCoin Trading Strategy as JASMY Volume Explodes Crypto analyst BullishBanter shared his trading strategy for JasmyCoin (JASMY), as its price fell to $0.0174 last night before bouncing off to its current level of $0.0184. JASMY saw a 3.14%…
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial…
Rippleâs CEO, Brad Garlinghouse, has provided new insights for the XRP community, offering a mix of both optimism and caution. In a recent interview, he shared promising developments around the launch of Rippleâs RLUSD stablecoin, as well as regulatory hurdles the company continues to face, particularly in the United States. Rippleâs RLUSD Stablecoin Is Almost…
The Ethereum Foundation treasury currently holds $650 million in the main wallet. Ethereum has plunged by 5%, trading at $2,260. The non-profit organization of the Ethereum blockchain, Ethereum Foundation, will release an updated financial report, as per the official statement. The organizationâs treasury has witnessed a significant reduction, with its main wallet holding approximately $650…
Despite widespread initial criticism, El Salvador is sitting on over $31 million worth of Bitcoin profit. Source link
Crypto investors suffered the biggest liquidation in over a week as Bitcoin and most altcoins continued their downtrend. Bitcoin and altcoins liquidations rise Data compiled by CoinGlass shows that total liquidations on Friday, Sep. 6, jumped to over $221 million, up from $72 million a day earlier. It was the biggest jump since Aug. 27…
One of the best projects of OpenAI, ChatGPT, is again in highlights. This hype is not for its features but for its milestone of hitting 1 Million paid users on September 5. The AI chatbot was the beginning of AIâs dominance in the world, which led many popular businesses like Google, Meta, and many others…
NFT marketplace Magic Eden sparked controversy on Friday after deciding to split its domains between the US and other global regions. This move has raised concerns among US users about how these changes might affect them. Meanwhile, the NFT sector continues to struggle, with failure rates on the rise. A recent report revealed that 96%…
It was a volatile week for the crypto industry, where several big-name platforms were hit by hackers stealing millions. Cybercriminals have escalated their activity from hacking into DeFi protocols to stealing usersâ credentials on Discord servers. A staggering $42.7 million worth of Ether was moved through the Tornado Cash, which may raise questions about the…
Between Sept. 1 and Sept. 7, 2024, the crypto market took a notable hit, shedding $170 billion in value. Bitcoin and ethereum were the main drivers of this downturn, responsible for 78.82% of the week’s losses. These two heavyweights saw their combined market caps shrink the most, dragging the entire market down with them. Crypto’s…
Bitcoinâs price has plunged to $52,550 within the last 24 hours, leading to a broader market downturn for altcoins. The upcoming Federal Reserve meeting on September 18, where a rate cut is anticipated, is generating significant market buzz. Investors have been on edge for weeks regarding the magnitude of the expected cut. Historically, pre-Fed meeting…
The crypto market bottomed in July 2022, and since then, key cryptos Bitcoin (BTC) and Binance Coin have been bullish. However, in every bull run, there are dips and troughs, as weâve experienced since March, and both BTC and BNB price actions have left the market frustrated. Itâs not all doom and gloom, however. If…
September 7, 2024 at 04:10 PM GST updated: September 7, 2024 at 03:12 PM 2 mins read News Dogs (DOGS) thrives with strong community support and DeFi potential on Ton Network. Resistance Dog (REDO) offers market stability and resilience during fluctuations on Ton Network. Notcoin (NOT) stands out for privacy-focused transactions, appealing to privacy-conscious investors….
In the last two weeks, AAVE crypto showcased a notable correction from $148.7 to the $117.8 support, registering a loss 20%. A bearish reversal indicates a healthy correction for buyers to regain strength. Sustaining at the abovementioned support, AAVE surged nearly 10% intraday, reaching $130.57. Similarly, data from Santiment displays that the AAVE supply on…
đ Stay Ahead with AltcoinDaily.co! đ As the cryptocurrency market continues to evolve, the debate between memecoins and altcoins remains a hot topic. Both categories have produced standout performers that have captured the attention of investors worldwide. In this list, we highlight four top coins to watch, featuring Pawfury (PAW), Dogecoin (DOGE), Cardano (ADA), and…
As the cryptocurrency market continues to evolve, the debate between memecoins and altcoins remains a hot topic. Both categories have produced standout performers that have captured the attention of investors worldwide. In this list, we highlight four top coins to watch, featuring Pawfury (PAW), Dogecoin (DOGE), Cardano (ADA), and Solana (SOL), each representing the best…
Analyst Peter Brandt identifies a bullish inverse head and shoulders pattern in Bitcoin. Trader Peter Schiff emphasizes goldâs superior performance and stability over BTC ETFs. Bitcoin could soon outperform gold, suggesting a potential bullish breakout ahead. Crypto analyst Peter Brandt recently highlighted a bullish development in Bitcoinâs pricing pattern. Brandt identified an inverse head and…
The ambitious $1 price for Shiba Inu stands far-fetched due to valuations that could exceed even the global wealth estimate. Amid the ongoing market downturn, Shiba Inu remains at the mercy of the bears. On Friday, SHIB again retreated to the $0.000012 price range. Now, SHIB trades at $0.00001291, down by over 7% over the…
The United States added 142k jobs in August, falling short of expected figures of 160k Bitcoin dropped to a monthly low, but aggressive bets on Fed rate cuts hiked Bitcoin [BTC], the worldâs largest cryptocurrency, dropped to a monthly low of $52.5k on the charts â A trend that mirrored U.S stocksâ decline on Friday….
Home » Journal » Rippleâs Political Endorsement Raises Questions About XRPâs Future Chris Larsen, a co-founder of Ripple, has publicly endorsed Kamala Harris for President in the 2024 United States election. Larsen joined dozens of other corporate executives in signing an open letter in support for…
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial…
Bitcoin trades near $54,000, with significant support at $53,000 and $51,500. RSI indicates moderate buying pressure, signalling room for growth. Bitcoin is trading around the $54,000 mark, showing strong market dynamics as it hovers near significant support levels. Bitcoin price declined by 4.09% in the last 24 hours. Over the last few days, BTCâs performance…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.newsâ editorial. Crypto canât stay the same forever. However, the push to expand blockchain-based finance into new, useful, or wealth-driving territories has proven to be more difficult than expected. That said, crypto derivatives have…
Floki (FLOKI) price, a popular meme cryptocurrency, has been facing a volatile market with significant price fluctuations. FLOKI has struggled to recover its higher trading levels, consistently showing a bearish trend over recent weeks. Despite a pessimistic short-term outlook, Floki exhibits resilience against ongoing market pressures. Notably, it is forming higher lows, which could signal…
US Bitcoin exchange-traded funds (ETFs) have recorded net outflows for eight days in a row, resulting in a loss exceeding $1 billion from August 27 to September 6. This outflow trend has also contributed to bringing the total net assets of Bitcoin ETFs to under $50 billion. Why Bitcoin ETFs Are Experiencing Heavy Outflows Data…
Illustration by Mitchell Preffer for Decrypt. There’s depressing news for those hoping the price of crypto markets would improve this week. Depressing news for nearly all investors, it would seem. Bitcoin continued to drop, and hard, this week. Over the past seven days, the price of the asset has descended by more than 9% andâafter…
Former U.S. President Donald Trump is making bold promises to turn the U.S. into the âcrypto capital of the planetâ if he wins the upcoming presidential election. In his latest move, Trump enters the crypto space, questions are rising about how his new venture, World Liberty Financial (WLFI), might fit into existing regulatory frameworks. Trumpâs…
Luis Oscar Ramirez, founder and CEO of Mawari, believes the idea that artificial intelligence (AI) has contributed to the decline in metaverse interest and investment is misguided. Instead, Ramirez said he sees AI as a powerful catalyst for metaverse innovation, enhancing user experiences and making digital interactions more natural, intuitive, and engaging. Metaverse, NFT Decline…
Indonesiaâs first indigenous cryptocurrency project, Tokocrypto (TKO), is making waves with its unique approach. Launched in September 2018, Tokocrypto became the inaugural platform to be registered with the Indonesian Commodity Futures Trading Regulatory Agency by November 2019. The platformâs primary goal is to educate Indonesians about cryptocurrency technology and encourage adoption. What is Tokocrypto (TKO)?…
September 7, 2024 at 03:10 PM GST updated: September 7, 2024 at 02:16 PM 2 mins read News Polkadot (DOT) struggles after falling below key levels, hovering near $4 support. Buyers failed to push DOT beyond $4.50, with sellers dominating the market. Traders watch for a rebound or further decline toward the $3.62 support level….
In a notable regulatory victory for Binance, the worldâs largest cryptocurrency exchange by trading volume, the company announced that it had received approval to operate in Kazakhstan after facing ongoing regulatory hurdles, particularly in the United States. Binance Celebrates Regulatory Win In Kazakhstan The approval, confirmed through a recent blog post by the exchange, signifies…