USTC experienced an impressive surge this week, propelled by two key catalysts: a newly introduced Binance perpetuals contract listing and the unveiling of a bitcoin-focused makeover along with an enticing airdrop initiative. Notably, TerraClassicUSD’s value has nearly quadrupled within this period. It’s essential to contextualize this surge, however, as even with the substantial rally, the […]
Ethereum (ETH) competitor Cardano (ADA) is currently sitting in a “key demand zone,” says crypto analyst Ali Martinez. Martinez tells his 33,800 followers on the social media platform X that 166,470 wallets acquired 4.88 billion ADA worth more than $1.85 billion while the asset has been trading between $0.37-0.38. “With minimal resistance ahead and solid […]
Blockchain analytics platform Token Terminal has provided insight into the future trajectory of the second largest cryptocurrency by market cap, Ethereum (ETH). Interestingly, they predict that the crypto token could rise as high as $36,800. When Ethereum Will Hit $36,800 In the research paper released by the platform, Ethereum is billed to hit the $36,800 […]
In the rapidly evolving landscape of cryptocurrencies and digital assets, the issue of auditing and transparent reporting for stablecoins remains a lingering challenge. Despite these uncertainties, PayPal, a prominent player in the financial technology sector, has embraced innovation by introducing its own native stablecoin, PYUSD. This move might initially raise eyebrows, given PayPal’s primary involvement […]
In a recent technical analysis published by crypto analyst Egrag, an inverse head and shoulders (H&S) formation has been identified on the XRP/USD chart, indicating a potential bullish reversal in the near term. The pattern, which has been forming over the last two weeks, suggests that XRP could be setting up for a significant price […]
A widely followed crypto analyst says that Uniswap (UNI) is on the verge of breaking out into a significant uptrend. Pseudonymous crypto trader Rekt Capital tells his 371,600 followers on the social media platform X that the native token of leading decentralized exchange (DEX) Uniswap could soon flip a key resistance level into support, signaling […]
A trading and custodial services platform, M2 has been officially launched today in the Abu Dhabi financial free zone, representing an advancement for the crypto infrastructure in the Middle East, according to the company. Regulated as a Multilateral Trading Facility and Custodian by the Financial Services Regulatory Authority, M2 has teamed up with Abu Dhabi […]
The Ethereum price has been trading more than 50% below its all-time high of $4,800 for the better part of a year now with no sign of returning to its previous all-time high. However, this slow trend may not continue for much longer as a crypto analyst has identified a pattern that could trigger a […]
By Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International (CSE:FNQ). Bitcoin (BTC) closed last week around $26,200, a 10.6% decrease in price from its previous week’s closing price of $29,300. The nosedive followed a two-month period of really low volatility, with BTC ranging for about 60 days on a $3,000 range price. […]
Miles Deutscher, a crypto analyst, recently shared insights on altcoins that are catching his attention for the upcoming week. In a post on X, he starts by noting the market’s recent cool-off, suggesting this phase is creating new opportunities for savvy investors. Deutscher also emphasizes the importance of staying informed and ready to capitalize on […]
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