Bitcoin had a surprisingly underwhelming price performance over the past week despite the United States Securities and Exchange Commission (SEC) approving the trading of spot BTC ETFs. The price of the flagship cryptocurrency almost broke into $49,000 at the peak of this positive news but has since retraced back below $43,000. Ali Martinez, a popular […]
A closely followed crypto strategist believes that a decentralized exchange (DEX) altcoin is flashing signs that it could be about to take off on a bullish rally. The trader Ali Martinez tells his 40,400 followers on the social media platform X that GMX looks primed to break out from an inverse head-and-shoulders pattern, a technical […]
A spot XRP ETF could appear in the next few months. XRP was overbought but shorts risk liquidation still. Like many altcoins, the price of Ripple [XRP] went in the upward direction after the SEC approved the spot Bitcoin [BTC] ETFs. On the 11th of January XRP crossed $0.60. This was the first time XRP […]
According to data from CoinMarketCap, Ethereum (ETH) had dipped over 2% in the last 24 hours. This negative price movement comes after an initial price boost by the token which it gained by over 19% following news of the Bitcoin spot ETF approval in the US on Wednesday. Interestingly, popular crypto analyst Ali Martinez has […]
Based on current information, staff understands that, shortly after 4:00 pm ET on Tuesday, January 9, 2024, an unauthorized party gained access to the @SECGov X.com account by obtaining control over the phone number associated with the account. The unauthorized party made one post at 4:11 pm ET purporting to announce the Commission’s approval of […]
In a dramatic turn of events, Bitcoin prices plummeted Friday, erasing almost 10% of its value and dashing hopes of a sustained rally fueled by the highly anticipated launch of spot Bitcoin ETFs. The cryptocurrency, which had surged to a two-year high of $49,000 just a day prior, retreated below $42,000 as investors digested the […]
A widely followed cryptocurrency analyst and trader believes that an Ethereum (ETH) scaling solution is primed to break above its record high. The analyst and trader pseudonymously known as Bluntz tells his 236,300 followers on the X social media platform that the layer-2 crypto project Optimism (OP) is currently undergoing consolidation just below the all-time […]
Despite ETHBTC trending lower in favor of Bitcoin (BTC), there is a chance that the second most valuable cryptocurrency will recover in the months ahead. Taking to X in support of Ethereum (ETH), a crypto analyst, Mckenna, said a favorable combination of protocol-related and regulatory factors may support ETH, plugging the bleed versus BTC and sparking […]
The Shiba Inu burn initiative has been one of the most notable developments this week that has gained the interest of the crypto community, witnessing massive surges in its token burn rate in the past few days. Shiba Inu Burn Rate On The Rise Data from Shiba Inu burn tracker Shibburn shows that the SHIB […]
Crypto analyst and trader Ali Martinez says that one Ethereum (ETH) rival could soar even higher after putting up big gains. Martinez tells his 40,300 followers on the social media platform X that Solana (SOL) may be printing a bullish pattern that could lead to a more than 65% increase from its current value. “Solana […]
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