This week, Bitcoin sinks under $90k, sparking new speculation about whether the market is nearing a cyclical low. Executives from BitMine and Bitwise told Cointelegraph that multiple on-chain indicators suggest that the downward trend is slowing. The world’s largest cryptocurrency fell for the second time in three weeks as miners sold, spot ETF inflows fell, … Read more
The top meme coins no longer move together. Dogecoin (DOGE) is showing signs of a bullish reversal after regaining a major trendline. Shiba Inu (SHIB), on the other hand, continues to test the bottom of its daily drop. This disparity indicates that traders in the memecoin business are reconsidering where to invest their money. DOGE … Read more
Washington, DC – Paul Atkins, the head of the United States Securities and Exchange Commission (SEC), has stated unequivocally that the agency will keep a close eye on the structure of the crypto market and will not tolerate any “lax enforcement” as the digital asset business evolves. According to Cointelegraph, Atkins said that crypto markets … Read more
Despite being in what many traders call a “distribution phase,” XRP distribution continues to draw bullish forecasts from analysts who believe the altcoin will eventually reach the $30 price objective. According to market observers, while XRP’s current price action indicates consolidation and profit-taking among significant holders, the larger structure remains supportive of a long-term advance. … Read more