Tag: Coin Surges
Blockchain
Crypto Analyst Who Predicted Bitcoin Crash Below $57,000 Reveals Next Target
The Bitcoin price has seen a massive downside this week going into the FOMC meeting on Wednesday The digital asset’s price saw a sharp 8% drawdown, which sent its price below $57,000, its lowest
Blockchain
Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’
On Wednesday, May 1, 2024, the US Federal Reserve chose to maintain the benchmark interest rates at their highest in 23 years The Federal Open Market Committee (FOMC) members noted that although
Blockchain
Bitcoin Is Fine As Long As It Holds Above $49,000: Analyst
Despite Bitcoin’s 13% drop in the past week, which saw it break below the psychological $60,000 level and drop 20% from its all-time highs, one analyst on X remains resolute Drawing from the
Blockchain
Bitcoin fights to get above $58,000 as Fed maintains unchanged rates
Quick Take The Federal Reserve has opted to maintain the fed funds rate within the range of 525% to 550% Preceding this decision, Bitcoin experienced a decline from approximately $64,000 to a low of
Blockchain
$354 Million Crypto Longs Squeezed As Bitcoin Crashes To $57,000
Data shows the cryptocurrency derivative market has observed mass liquidations following the crash of Bitcoin and other assets Bitcoin Has Seen Bears Winning As Price Has Plunged 6% Over The Past Day
Blockchain
Tether reports record $4.52 billion profit in Q1 despite shrinking market share
Stablecoin issuer Tether (USDT) achieved a historic net profit of $452 billion in the first quarter despite facing a significant drop in market share Record net profit According to the attestation
Blockchain
NFT Sales Dip Over 31% in April; Ethereum, Solana Experience Sharp Declines
Sales of non-fungible tokens (NFTs) experienced a 3126% decline in April from the revenues recorded in March Last month, statistics show that NFT transactions across several markets totaled
Blockchain
Bitcoin Euphoria Cools Off As BTC Distribution Enters Fear Zone
Bitcoin has finally broken below the $60,000 support level for the first time in two months The world’s largest digital asset has largely been in a euphoria phase since the beginning of the
Blockchain
Bitcoin’s recent decline mirrors past cycle trends
Quick Take Bitcoin has undergone a correction of approximately 23% from its peak of $73,600 in March Analyzing historical cycles can offer valuable perspectives on its current price dynamics
Blockchain
Bitcoin Greed No More: Sentiment Back At Neutral After $57,000 Plunge
Data shows that Bitcoin sentiment has cooled off to neutral from greed following the asset’s latest plunge to the $57,000 level Bitcoin Fear & Greed Index Has Returned To Neutral Levels The
Blockchain
Cardano Founder And Ripple CTO Go Head To Head Over XRP Regulations And ETHGate Allegations
The crypto community is witnessing a virtual showdown between Cardano Founder, Charles Hoskinson and Ripple’s Chief Technology Officer (CTO), David Schwartz The two crypto giants are clashing over
Blockchain
Liquidation heatmap shows volatility ahead as Bitcoin drops to $57k
Monitoring liquidation levels is crucial during periods of price volatility, as they indicate where significant price movements can occur due to forced sell-offs or buy-ins Tools like
