The Immutable 4-hour technical chart shows an intense increase in bullish market force. Price has experienced a powerful upward explosion. It has surpassed both the 50-day ($0.4767) and 200-day ($0.4930) Exponential Moving Averages (EMAs) after a prolonged period of neutral to upward price movement. The price breakout receives additional evidence
The recovery attempts ultimately ended in a 5.89% surge in the broader crypto market cap, reaching $2.91 trillion, following the Treasury Secretary Scott Bessent’s statement that the tariff feud between the US and China is unsustainable. It reflects a neutral sentiment in the market, with the Fear and Greed Index
Tesla continues to invest substantially in Bitcoin even though Q1 2025 financial performance proved unsatisfactory. The April 22 earnings report from Tesla shows the company maintains 11,509 Bitcoins worth $951 million as of March 31. However, the value decreased from $1.076 billion at year-end because Bitcoin prices in the market
Oregon has brought legal action against Coinbase, charging the cryptocurrency exchange with selling and marketing unregistered digital currencies to citizens. The lawsuit may disrupt the way cryptocurrencies are treated at the state level, particularly as it expands beyond earlier federal enforcement. State-Level Crackdown Escalates Sued by Oregon Attorney General Dan
Crypto analyst Nick Valdez, known professionally as Deezy, has provided a detailed projection for Cardano’s potential price trajectory should Bitcoin reach the $250,000 milestone, suggesting ADA could achieve gains of approximately 13X from current levels. Cardano has displayed remarkable resilience in recent market conditions, maintaining stability and gradual upward momentum
Market price surges following token listing announcements are not new to the crypto industry. This is very prevalent when it comes to announcements from top crypto exchanges with a wide user base. The recent token listing announcement by Upbit exchange has triggered a price surge in DeepBook Protocol’s DEEP token.
Layer 2 network Base’s architect, Jesse Pollak, expressed his priority towards creators and developers in the crypto space over traders. Following a backlash over an experimental token creation on the “Base is for everyone” tagline, Pump.fun co-founder Alon Cohen and Jesse pollak exchanged their opinions over traders and creators. Alon
The U.S.-based law firm Burwick Law has publicly challenged the Solana NFT platform Metaplex over its upcoming plan to transfer unclaimed SOL tokens, worth approximately $7.3 million, into its DAO treasury. The issue revolves around the resize rent, originally paid by users as part of a blockchain optimization introduced last
The European Central Bank (ECB) warned of a probable repercussion from excessive US support for the crypto industry. As per the Bank, an increase in dollar-backed stablecoins could lead to the destabilization of the financial system of Europe. The expansion of dollar-backed stablecoins is to expand the overall reach of
The market capitalization of cryptocurrency in South Korea has exceeded 100 trillion won or $74.8 billion. With these numbers, the daily transaction volumes of crypto have now surpassed the nation’s stock markets. Due to this, everyone in the nation is concerned about excessive speculative trading, as a report suggests that
