Fri, November 15

Can Ethereum Meet Traders’ Bullish Expectations? 

The crypto market witnessed a significant milestone as spot Ethereum began trading on Tuesday, following weeks of back-and-forth on registration statement edits. According to Sosovalue data, spot ETH ETFs recorded inflows within the first 24 hours of trading. While the ETF greenlight was expected to spark a bull run, the

July 24, 2024 2 mins read

How Mt. Gox Payouts on Kraken and Bitstamp Influenced Bitcoin Price?

In a significant update for the cryptocurrency community, Kraken announced the successful distribution of Bitcoin (BTC) and Bitcoin Cash (BCH) to creditors affected by the Mt. Gox hack nearly a decade ago. The now-defunct exchange’s long-awaited fund recovery process has been facilitated by Kraken, alongside Bitstamp and other partners. On

July 24, 2024 2 mins read

Can Ethereum Maintain Momentum with Rising Open Interest?

Ethereum (ETH) futures have seen a significant surge in open interest, reaching $14.18 billion, marking a 3.98% increase within the last 24 hours. This uptick reflects a sharp rise in trading activity, suggesting a growing bullish sentiment among traders toward Ethereum. Since the start of this week, Ethereum has displayed

July 17, 2024 2 mins read

What’s Next for Bitcoin Price After German and Mt. Gox Moves?

The largest cryptocurrency, Bitcoin, has been the community’s prime focus in the past two months, due to its price activity. With external factors taking a toll on Bitcoin, prices showed significant plunges and volatility. The drop in BTC price led to a considerable crypto market crash at the beginning of

July 17, 2024 2 mins read

Ethereum Breaks $3.3K Barrier Ahead of Spot ETF Launch

Ethereum (ETH) is in a brief bullish swing. Over the past 24 hours, after a 4.71% spike, the second-largest cryptocurrency marked a high of $3,373. This surge comes alongside Bitcoin’s recoup of over 4% to $63.2K.  ETH crossed the $3.3K threshold amid this week’s highly anticipated spot ETH ETFs (exchange-traded

July 15, 2024 2 mins read

Donald Trump’s Assassination Attempt Fuels Bitcoin to $63,000

Bitcoin’s (BTC) price has extended its upward momentum, hitting the $63,000 mark on Monday. This rise comes against a backdrop of heightened market activity and dramatic news, including a failed assassination attempt on former President Donald Trump, which added to the market’s surge. Over the past day, Bitcoin’s price has

July 15, 2024 2 mins read

Is an Ethereum (ETH) Bull Rally on the Horizon?

Ethereum is slowly recovering from the extreme bearish sentiment experienced last week, where it fell 5% over seven days, hitting a five-month low of $2,810. Currently, Ethereum is trading at $3,091, with a modest 0.88% gain in the past 24 hours, although its trading volume is down 9% in the

July 11, 2024 2 mins read

What’s Ahead for ETH with Spot Ethereum ETF on the Agenda?

The crypto market is struggling to recover from the bear-hold to the potent bull momentum. Ethereum (ETH), the largest-capped altcoin, marks the slightest revival above $3K with a gentle spike of 1.52% in the last 24 hours. The highest ETH price marked was $3,127, and the lowest was $3,025.  Notably,

July 10, 2024 2 mins read

Can Bitcoin Reach $60K Amid This Brief Rally?

Despite the German government and Mt. Gox selling pressures, the global crypto market displayed a notable rebound, driven by Bitcoin’s (BTC) recovery on July 10. This upward movement comes in the wake of recent market turbulence, as Bitcoin climbed nearly 4.20% to approach the $59,500 zone. At the time of

July 10, 2024 2 mins read

Can the BTC Bulls Overpower Bears to Break Above $58K?

The potent bulls struggle to hold their ground as bears dominate the crypto market currently. Bitcoin (BTC) witnessed a minor spike of 1%, struggling to move higher. BTC price has fluctuated within the $53,000–$70,000 range, as the asset has faced multiple resistance-support levels over the past month.  Amidst the ongoing

July 9, 2024 2 mins read