bulls need to strengthen above $20
Solana (SOL) price traded to above $20.00, hitting $20.50 after bouncing off $18.40 earlier this month. Can bulls take advantage of positive sentiment for Solana to break higher? Solana price has reached a key technical level, with the 24-hour upside to $20.50 retesting a 10-day high that’s an area of a previous support and resistance. […]
Bitcoin could rally towards $28k as Shiba Memu’s presale approaches $3.5m
Key takeaways The cryptocurrency market is having a positive end to the week, with prices of most coins and tokens in the green zone. Bitcoin could be heading towards the $28k level soon as market sentiment improves. Furthermore, Shiba Memu’s presale is now closing in on the $3.5 million milestone as more investors troop into […]
Maker (MKR), THORChain (RUNE) skyrocket; Bitcoin takes $27k again
Maker (MKR) and THORChain (RUNE) prices rose sharply as Bitcoin retested $27k. MKR could spike towards $2k while RUNE eyes buy-side liquidity above $2.01 The cryptocurrency market flipped higher on Thursday, with gains for Bitcoin (BTC) and most altcoins sending the total market cap up by 3.1% as at the time of writing. BTC traded […]
Here’s what the U.S. government shutdown may mean for Bitcoin
James Butterfill expects Bitcoin to rally if the U.S. government shuts down. BTC has a history of performing quite well in times of uncertainty. The world’s largest cryptocurrency is already up close to 4.0% today. Bitcoin will likely rally if the U.S. government does indeed shut down on October 1st, says James Butterfill – the […]
Memeinator (MMTR) hits $200k in presale hours after launch
The Memeinator (MMTR) has stormed past $200k a day after presale launch as sub-par memes scramble. Targeting meme coin dominance, the Memeinator seeks to leverage blockchain and AI to seek and destroy all the weak meme coins. MMTR will be available on cryptocurrency exchanges and trading platforms at the end of the presale. As the […]
Bitcoin holds steady as DXY advance hurts stocks
Bitcoin rose to $26,820 on Wednesday, trading in the opposite direction to stocks as the Dollar Index hit a 10-month high. An easing for the DXY could see Bitcoin price strengthen above the $26k base. Bitcoin (BTC) defied a surge for the Dollar Index (DXY) on Wednesday, spiking to above $26,820 in early US trading […]
U.S. lawmakers want SEC to ‘immediately’ approve Bitcoin ETFs
Members of the House Financial Services Committee wrote a letter to SEC today. They argued that a Spot Bitcoin ETF is not much different from a Crypto Futures ETF. Bitcoin is still trading around the $26,000 level only at writing on Wednesday. All eyes are on Bitcoin today after the U.S. lawmakers urged the Securities […]
Stafi (FIS) defies crypto market outlook, token up 13%
Stafi (FIS) price is up 3% in the past 24 hours and 13% this past week. The Staking Finance governance token has seen a spike in whale transactions of $100k+, on-chain data shows. Interest is seeing FIS outperform major altcoins. Stafi (FIS), the governance token of the StaFi protocol, has seen a decent spike in […]
MicroStrategy’s latest BTC purchase sets Bitcoin price in motion
Bitcoin is defending the $26k after the recent MicroStrategy’s latest BTC purchase. Concerns over the US dollar’s impact on BTC may be overstated by investors. Coinbase holds about 5% of the total bitcoin in circulation. MicroStrategy’s recent acquisition of Bitcoin worth nearly $150 million has made waves in the cryptocurrency market, causing a notable shift […]
MicroStrategy purchases 5,445 bitcoins as Chancer’s presale hits $2.2m
Key takeaways Bitcoin continues to trade below $26,500 despite MicroStrategy’s latest BTC purchase. Chancer’s stage two presale has now surpassed the $2.2 million mark. The cryptocurrency market began the week in a bearish mode, with prices of most coins and tokens in the red zone over the last few days. However, that hasn’t halted Chancer’s […]