In recent days, Dogecoin (DOGE), the meme coin backed by Elon Musk, has experienced a significant price correction, witnessing a decline of over 14% in the past 30 days. The decline can be attributed to the waning sentiment surrounding the hype generated by the approval of Bitcoin Exchange Traded Funds (ETFs) and the lack of
Bitcoin
In a recent prediction, Ash Crypto, a well-known figure in the crypto trading community, has suggested that the approval of US spot Bitcoin Exchange-Traded Funds (ETFs) could potentially drive the price of Bitcoin to $500,000. Drawing a parallel to the gold market, Ash Crypto highlights how the introduction of gold ETFs resulted in a significant
The recent launch of the Bitcoin ETF has seen a positive impact on the Ethereum price. However, the movement of ETH holdings by Celsius Network, a bankrupt crypto lender, has raised concerns about potential destabilization. On-chain data analyzed by crypto market intelligence company Arkham Intelligence reveals that Celsius Network transferred over $125 million worth of
In a recent analysis conducted by crypto intelligence firm ChainArgos, serious allegations have been made regarding the involvement of the Polygon team in secret sales of MATIC tokens, potentially leading to a suppression of the token’s price. This revelation has sparked concerns about token allocations, the flow of funds to exchanges, and the overall integrity
Traders in the crypto world are eagerly anticipating a potential breakout for Chainlink (LINK) as the price hovers near the $16 mark. The consolidation between $13.00 and $17.00 that LINK has experienced since November is classic market cycle behavior, which presents lucrative opportunities for astute traders. Technical analysts are buzzing with bullish scenarios, pointing to
Ethereum has recently accomplished an impressive feat, overshadowing Bitcoin by experiencing a 14% surge in just a span of two weeks. This surge propelled the digital currency past the $2,600 mark, a level it had not seen since May 2022. The breach of this psychological resistance point signifies not only a confirmation of the ongoing
The recent approval of spot Bitcoin ETFs by the US Securities and Exchange Commission (SEC) marks a significant milestone in the history of US trading. This development has sparked tremendous interest, as market data reveals a surge in institutional demand for Bitcoin. Despite a 2% dip in BTC’s price over the past week, the spot
Solana (SOL) has captured the attention of crypto analyst Ali Martinez, who believes that the digital token could continue its upward trajectory. Martinez recently shared his analysis on X, stating that Solana was breaking out from a bull flag pattern on the 4-hour chart. He further stated that if SOL were to sustain a close
The price of Bitcoin has been soaring in recent months, driven by the approval and launch of Spot Bitcoin ETFs. However, crypto analyst Jason Pizzino warns of a potential temporary halt in this bullish momentum. Pizzino points to Bitcoin’s proximity to a crucial resistance point that could trigger a significant price drop. In this article,
In recent weeks, the price of Shiba Inu (SHIB) has experienced a significant downturn. Despite a slight recovery, the price remains in decline, causing concern among SHIB investors. However, behind the scenes, Shiba Inu whales have been actively accumulating a massive amount of SHIB tokens, indicating their long-term confidence in the project. Let’s delve into