After weeks of lower highs and higher lows, XRP’s daily candlestick price chart is now giving a signal that could dictate the next major move. Although the token is still holding above key horizontal levels near $2.13, technical data suggests momentum is starting to slip. A technical analysis of XRP’s daily RSI indicator offers a…
The Czech government has weathered a political storm this week, surviving a no-confidence vote triggered by a $45 million bitcoin payment from a convicted criminal. The scandal has rocked Prime Minister Petr Fiala’s administration months before national elections, Reuters reports. The payment of 468 bitcoin was made to the state by a man previously jailed…
The Bitcoin price action in June has displayed healthy swings from a low of about $100,500 to as high as $111,000. While it has lacked the impulsive momentum seen in past cycles for more bullish swings, the premier cryptocurrency has managed to maintain its valuation above $100,000. Over the past week, BTC has displayed relative…
Savvy bitcoin BTC and ether ETH traders are shoring up their defenses as the broader market continues to foresee bullish price action over the summer. That’s the message from an options-based strategy called 25-delta risk reversal, which involves the simultaneous purchase of a put option and sale of a call, or vice versa. At the…
Elon Musk is reportedly planning to launch a decentralized exchange (DEX) on X (formerly Twitter). Crypto researcher Atlas took to X to break the news, pointing out that this move could result in the introduction of hundreds of millions of users to crypto. Keep reading to learn more about Musk’s DEX plans, what it means…
Based on reports from analyst Moustache, Bitcoin may be gearing up for its next big move. The world’s largest cryptocurrency climbed above $105,000 for the second time this week. At press time, it was trading at nearly $104,000, up 0.50% over the past 24 hours. Historical RSI Breakouts Could Signal New Push According to the…
Key takeaways Cardano’s ADA dips nearly 2% in the last 24 hours and now trades above $0.55. Investors are optimistic about ADA’s price action ahead of the anticipated Leios upgrade. ADA dips 8% this week, but bulls keep hope alive ADA, the native coin of the Cardano ecosystem, has underperformed this week, mirroring the performance…
Solana’s native token, SOL SOL, is trading at $140.46, down 1.41% over the past 24 hours, after recovering from a sharp 4.9% decline that took the price from $142.91 to $135.96, according to CoinDesk Research’s technical analysis model. The asset has since stabilized between $140 and $142, with support forming at $140.40. Solana’s ecosystem continues…
BNB has fallen to $635, weathering a choppy market as traders brace for the Maxwell hard fork and rising geopolitical risk in the Middle East. The token’s resilience comes as daily transactions on the BNB Chain have surged from 8 million to 17.6 million since mid-May, according to DeFiLlama data. Scheduled for June 30, the…
Key takeaways BTC has lost 1% of its value over the last few hours and now trades below $103,500. The coin could dip towards the $100k support level if bearish sentiment persists. Bitcoin dips below $104k as bears gain control The cryptocurrency market is having a poor weekend so far, with Bitcoin and other major…
