Market Analysis – 8th April GBPUSD loses grip as sellers slip lower. It’s not good news for the pound, as it continues to lose ground against the dollar. The buyers, who had shown some strength in recent weeks, have now decided to slow down their progress. The power struggle around the key level of 1.26830 […]
Brad Garlinghouse, the CEO of Ripple, has made a bold prediction that the cryptocurrency market will hit a massive $5 trillion market capitalization by the end of 2024. This forecast, if realized, would represent a doubling of the current market cap within just nine months, indicating a potentially transformative shift in the financial landscape. Since […]
The value of ICP has been steadily climbing, experiencing an impressive 18% surge within a single day. Currently standing at $15.75 with a market capitalization of $7.13 billion, ICP has now surpassed Shiba Inu to claim the 16th position among cryptocurrencies by market value. 🔓 Top 7 Token Unlocks of the Upcoming Week: 🔹 Aptos […]
NEAR Protocol’s surge amidst the bull run attracts investors eyeing substantial returns. The impending bullishness for NEAR Protocol (NEAR) is creating a buzz in the cryptocurrency market amidst the 2024 bull run. Investors are eyeing NEAR as a promising asset for substantial returns. Recent price movements reflect a notable upward trend, fueled by optimism surrounding […]
Bitcoin, the premier cryptocurrency, experienced a volatile trading session today, showcasing a 3.9% gain before retracing its steps. This fluctuation aligned with a broader recovery seen in major stock indices, prompted by a robust U.S. jobs report signaling a strong domestic economy. However, uncertainties arose regarding anticipated interest rate adjustments. On Wall Street, stocks rebounded […]
Market Analysis – April 5 USDJPY exhibits a notable stagnation in price movement as the eagerly awaited Non-Farm Payroll (NFP) data approaches. The ascent of USDJPY encounters a temporary impasse at the critical resistance level of 152.00. Notably, the market delineates an ascending triangle pattern, prominently evident on the 4-hour chart, in anticipation of an […]
In a significant development, Bitcoin exchange reserves have dropped to their lowest levels since early 2021, according to recent data from CryptoQuant. Over the past month, a staggering 90,700 bitcoins have been withdrawn from major exchanges, signaling a potential shift in investor strategy towards long-term holding. This trend, which has been observed over several years, […]
Render (RNDR) price plunge looms amid investor exits. Render (RNDR) faces a price downturn as investor sentiment weakens. Active addresses, reflecting network participation, plummeted from 3,530 to 1,580 within a week. JUST IN: Indicators Show Render (RNDR) Price May Lose Its $10 Support — Crypto Chiefs News (@CryptoChiefNews) April 2, 2024 This exodus signals investors’ […]
The ICP price surges amid decentralization commitments and AI progress. The recent surge in Internet Computer (ICP) prices reflects the community’s dedication to decentralization and advancements in artificial intelligence. In the latest ecosystem report by the DFINITY Foundation, over 6.5 million ICP tokens, valued at nearly $80 million, were pledged. The Internet Computer protocol (#ICP) […]
