Dogecoin price continues to trade lower to $0.24 after falling more than 7% the previous week. The technical outlook suggests a further correction as RSI and MACD indicators signal bearish divergences. Santiment data shows that DOGE whale transactions are falling, indicating weakness. Dogecoin (DOGE) continues to trade down around $0.24 after falling more than 7%…
Brazilian stock exchange B3 is reportedly introducing new crypto products while the country’s central bank pushes for more regulation. According to Coindesk, B3 will launch Bitcoin options as well as Ethereum and Solana future contracts in 2025. The move follows the introduction of Bitcoin futures contracts to the exchange last April, attracting $860 million in…
Markets initially stumbled when Trump imposed tariffs on aluminum and steel, escalating an ongoing trade war. According to a Feb. 9 report by the Associated Press, Trump declared that all imported steel and aluminum would be subject to a 25% tariff. Additionally, he announced plans for reciprocal tariffs on countries that impose import fees on…
Bitcoin price continues to edge lower, trading below $96,000 on Monday. Ethereum price fell below $2,600 after losing nearly 9% the previous week. Ripple faced rejection around the $2.72 daily resistance; further correction on the cards. Bitcoin’s (BTC) price continues to edge down, trading below $96,000 on Monday after declining the previous week. Ethereum (ETH)…
1. Crypto Market Last Week Last week, Bitcoin unexpectedly experienced a significant correction down to the level of 91,300, causing the largest liquidation in the cryptocurrency market, with the amount liquidated reaching up to $2.75 billion. Experts even suggest that this figure could rise to $10 billion, surpassing both the LUNA and FTX events. Following…
Bitcoin has dropped to $96K amid a sharp decline in network activity, which has fallen to its lowest level in a year. According to CryptoQuant, Bitcoin’s network activity index hovers around 3,760—the lowest since February 2024—indicating a 15% decline from its all-time high in November 2024. CryptoQuant’s weekly report explains that this index tracks key…
XRP saw brief gains above 4% following reports of the launch of XRP Depository Receipts. The receipts function similarly to an ETF, providing investors access to XRP’s price without holding the asset. Ripple CEO Brad Garlinghouse is among prominent names being considered for the White House Crypto Council. XRP could rally to tackle a key wedge’s…
We have seen and heard of Bitcoin’s embrace and the investment world adopting the OG crypto token as part of their portfolios. To help their children get ahead financially, families are putting their money into cryptocurrencies as a college savings plan despite the risk and volatility. Family’s finances are now facing Bitcoin FOMO. Funding 529…
Bitcoin (BTC) price hovers around $97,000 on Friday after losing nearly 5% in the last three days. CryptoQuant weekly report shows that activity on the Bitcoin network has declined to its lowest level in a year. Traders should watch FTX’s upcoming repayments to creditors starting on February 18, which could bring in volatility for Bitcoin…
Institutions just can’t get enough crypto exchange-traded funds (ETFs). With Trump AKA the “Crypto President” now in office, the industry is going full steam ahead with its ambitions to milk the digital asset market at every opportunity. This week saw a slew of ETFs applications reach the US Security Exchange Commission’s doorstep from enthusiastic exchanges…