Mon, October 27

Search Results for: cryptocurrency trading

Bullish Trends Revisit the Crypto Market After CPI Release

After a week marked by mixed sentiments, the cryptocurrency market has bounced back positively, particularly following the release of the Consumer Price Index (CPI) data for September. The CPI rose by 0.2%, while the core CPI increased by 0.3%, both exceeding expectations. This data has led analysts to believe that

October 12, 2024 2 mins read

Will Bitcoin Break Through $65K After Its Recent Surge?

The global cryptocurrency market saw a notable rebound early Saturday during Asian trading hours, recovering from previous lows with the total market cap rising approximately 2.92%. This surge was largely driven by Bitcoin (BTC), which displayed an uptick of 4.71%. In the last 24 hours, BTC’s price fluctuated from a

October 12, 2024 2 mins read

Can Bitcoin Break Through the $62,000 Resistance Level?

The Bitcoin (BTC) price continued to dip, reaching as low as $58,895 before making an attempt to recover. At the time of writing, BTC is trading at $61,317 with a market cap of $1.21 trillion. The intraday high reached $61,437, but Bitcoin is finding it difficult to push above the

October 11, 2024 2 mins read

Bitnomial Sues SEC Over XRP’s Classification as a Security

Bitnomial, a Chicago-based cryptocurrency derivatives exchange, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC). The filing challenged the assertion of the SEC that XRP futures should be classified as “Security Futures.”  Bitnomial’s lawsuit is the second case filed against the SEC this week. Crypto.com, a digital

October 11, 2024 2 mins read

Solana’s Crossroads: Analyzing SOL’s Consolidation and Potential Breakout Scenarios

Solana (SOL) finds itself at a critical juncture as it navigates a tight consolidation range, prompting market analyst Edward to anticipate a sudden movement. The cryptocurrency’s price has been oscillating between $143.33 and $144.70, creating a defined trading range that has caught the attention of traders and investors alike. Edward’s

October 11, 2024 1 min read
Little Pepe