Category

After Bitcoin Breaks Below $85,000, Can a September Rate Cut Ignite the Market?BTC has closed two consecutive weeks in the green after breaking below $85,000, but the rebound has failed to break above the 0.618 resistance level of $62,000, currently remaining in a range-bound consolidation phase

Bitcoin Futures Prices Rise, Ethereum Futures Prices FallAt the close of trading in New York on Tuesday (August 20), CME Bitcoin futures (BTC) settled at $59,450.00, up 0

Bitcoin Bulls Gearing Up, $63,000 Key ResistanceTwo weeks ago, Bitcoin prices plunged to $49,000, dealing a heavy blow to miners. Profits dwindled significantly, forcing many miners to exit the market, particularly smaller ones who found it difficult to keep up

Interest Rate Cut Expectations and Altcoin Market: Prelude to a Bull Run or the Beginning of the Peak?While the market anticipates a potential interest rate cut in September by the US Fed, the positive impact of such a policy might not be immediately visible. This is especially true as global economic uncertainty casts a shadow, prompting investors to adopt a cautious stance, waiting for the actual effects of the interest rate cut to materialize in the market

Fed's Rate Cut Expectations Ignite Market Enthusiasm, Bitcoin Rallies Strongly, Altcoins Show Divergent PerformanceThe market witnessed significant fluctuations last night after the Federal Reserve hinted at potential interest rate cuts. Despite experiencing substantial declines previously, today the market exhibited clear signs of recovery, with Bitcoin leading the charge while altcoins displayed a diverging performance

Ethereum Buyers Returning? On-Chain Metrics Suggest Correction May Be Nearing Its EndEthereum's 13% drop below the key $3,000 level since early August may be nearing its end, with two on-chain metrics indicating that the pullback could be ending soon. Crypto analysts are optimistic about the rise in Ethereum holdings and the "positive" receiver-to-sender ratio, suggesting that the long correction period may be coming to an end

Ethereum Gas Fees Plunge to Five-Year Low, Rising Supply May Dampen Short-Term Price GainsA report by cryptocurrency analytics firm Kaiko Research reveals that Ethereum gas fees have recently reached a five-year low, primarily driven by increased Layer 2 activity and the March Dencun upgrade, which reduced transaction costs on Layer 2. This fee reduction has implications for ETH, as lower fees mean less ETH burned, leading to an increase in the token's supply

Dogecoin [DOGE] Large-Transaction Volume Surges 35%, Key Levels to Determine Future DirectionDogecoin [DOGE] has recently witnessed a 35% surge in large-transaction volume, stirring the cryptocurrency market. This trend is being interpreted as a sign of potential price volatility

Ethereum's Dilemma and Solana's Rise: A Shift in the Blockchain LandscapeThe approval of Bitcoin spot ETFs at the beginning of this year ignited a wave of enthusiasm in the crypto market, pushing Bitcoin prices to new highs and creating a sense of prosperity. However, this rally didn't extend to Ethereum as expected

Ethereum "Halved": Crypto Market Turmoil Amid Financial FearsThe global financial market turmoil is sweeping the cryptocurrency market. Over the past 24 hours, the global cryptocurrency market capitalization has dropped by over 10%, with major cryptocurrencies like BTC and ETH experiencing significant price declines

Ethereum ETF Debut Met With Tepid Response Amidst Increased Market Volatility, Future Trajectory UncertainDespite the highly anticipated launch of a spot Ethereum (ETH) exchange-traded fund (ETF), Ethereum's price did not experience a significant surge as many had projected, displaying little reaction to what was expected by many to be a major market catalyst. Analysts predict that Ethereum will mirror Bitcoin's pricing trends following its ETF launch, pointing out that Bitcoins price did not immediately skyrocket after its own ETF debut

Ethereum Gas Fees Hit 5-Year Low, Signaling a Bull Run?Ethereum gas fees have been steadily declining recently, hitting a five-year low. According to DuneAnalytics data, the median gas fee fell to 0