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Search Results for: altcoin

Will XRP Climb Up to Break its Nearby Resistance?

XRP has initiated a downside correction from the $0.6200 zone, amidst the anticipation surrounding an upcoming meeting between Ripple and the U.S. Securities and Exchange Commission (SEC).  Ripple CEO Brad Garlinghouse shared his optimism early in July that the years-long legal battle with the U.S. Securities and Exchange Commission (SEC)

July 24, 2024 2 mins read

Why Analysts Remain Bullish on Litecoin’s Near Future?

Litecoin (LTC) has been in the spotlight recently, reaching an 18-day high of $74.61 two days ago. However, the cryptocurrency is experiencing a bearish trend, with its price dipping to $71.92, reflecting a 2.53% decline. Trading volume has also decreased by 37%, adding to the cautious sentiment. Despite this, recent

July 24, 2024 2 mins read

How To Spot A Hidden Crypto Gem? Practical Tips From Leading Market Analyst

The crypto market is experiencing a period of calm, with many investors eagerly awaiting the next bull run. Altcoins are still at attractive entry points, though they are already beginning to rise. This presents a unique opportunity for those looking to discover hidden gems before their value explodes. This article

July 23, 2024 4 mins read

Will Ethereum Witness Price Breakouts Amid ETF Issuers HODLing?

The overall crypto market, in the last 24 hours, recorded minor declines in market cap. Meanwhile, the overall trading volume increased by 21.96%. Leading cryptocurrency, Bitcoin with a modest daily decline slid back to the $66K level. On the other hand, the largest altcoin Ethereum, began showing price increases fueled

July 23, 2024 2 mins read

Grayscale’s Massive $1B ETH Move Stirs Speculation Amid Spot ETF Launch

US spot Ethereum ETFs received approval from the SEC on Monday after leading issuers filed 424(b) forms. Grayscale issuing two of the nine spot ETFs was observed transferring ETH tokens worth $1.01 billion from its Coinbase Prime deposit onto the platform’s Hot Wallet 8 hours ago. This has led to

July 23, 2024 2 mins read

Crypto Investment Products Witnesses $1.35B Inflows Amid Positive Sentiment

According to the most recent data from CoinShares, global crypto investment products at asset managers saw net inflows of $1.35 billion last week, marking the third consecutive week of positive activity. As optimistic sentiment persists, the run increases the total net inflows since July 1st to $3.2 billion, according to

July 22, 2024 1 min read

Bitcoin Hashrate Steady Amid Market Volatility and Difficulty Adjustments

Despite the market volatility and the disappointing CrowdStrike failure, the Bitcoin (BTC) mining hashrate has stayed relatively unchanged. This hashrate really saw a significant uptick, which happened to coincide with the current uptick in the price of Bitcoin. The current Bitcoin mining difficulty is estimated at 82.05 trillion, according to

July 21, 2024 1 min read