Ethereum has extended its recovery over the past several sessions, breaking above its recent consolidation range and approaching a major confluence resistance area. The rally has improved short-term sentiment, but the market is now testing a zone that could determine whether this move develops into a broader trend reversal or remains a relief rally within […]
Last month, Cardano’s ADA collapsed below $0.14, the lowest level since the end of 2020. Meanwhile, its market capitalization briefly plummeted to roughly $5 billion, leaving the asset temporarily out of crypto’s top 20 club. The bulls, though, managed to halt the free fall and even stage an impressive comeback. Here’s what happened and the […]
After several weeks of lackluster performance and a slide to its lowest level since 2024, Bitcoin (BTC) has finally staged a decisive comeback. The popular analyst Ali Martinez highlighted the resurgence and spotted three bullish factors that could push the price beyond $65,000 in the short term. The Winning Formula The primary cryptocurrency recently surged […]
Several major South Korean companies have said they have not formally joined the newly announced Open USD (OUSD) consortium, despite being listed among its participating organizations. Open Standard, the independent entity behind the stablecoin, previously said it had assembled over 140 businesses to launch OUSD, a dollar-pegged stablecoin, later this year. Korean Companies Push Back […]
The world’s largest crypto exchange has run into serious trouble with EU financial regulators, and the uncertainty has triggered concern among its user base. Despite its issues in Europe, however, Binance has strengthened its global presence after officially entering the Philippines. The Push in Asia Several hours ago, Binance’s co-founder and chief customer service officer, […]
Although July has only just begun, the past seven days brought some much-needed and long-awaited relief to the cryptocurrency market, even if the overall sentiment remains nothing but fragile. Last week at this time, Bitcoin was still struggling around the $60,000 mark after the painful correction that was charted in June. The cryptocurrency spent the […]
Michael Saylor’s Strategy has long served as the dominant corporate force behind Bitcoin buying, but that may be changing. Bitwise Chief Investment Officer Matt Hougan believes that the company will play a much smaller role in driving the crypto asset’s demand in the next market cycle. Next Wave of BTC Buyers In his latest market […]
Ripple’s cross-border token has enjoyed robust institutional demand, standing in stark contrast to spot BTC and ETH ETFs, which have been suffering heavy outflows lately. However, that trend appears to have reversed over the past few days, putting XRP at risk of falling below the psychological $1 barrier. First Time Since March It was last […]
Around 31,000 Bitcoin options contracts will expire on Friday, July 3, with a notional value of roughly $1.9 billion. This event is much smaller than last week’s big end-of-quarter expiry, so there is unlikely to be any impact on spot markets. Crypto markets have been flat for most of this week but picked up on […]
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum managed to bounce off support at $1,500 and recovered last week’s losses. This is also why it closed the week with an impressive 10% rally, as buyers regained control of price action. To be confident in a sustained […]