Ethereum price continues its freefall and has formed an inverse cup and handle pattern, pointing to further downside to a record low Ethereum (ETH) has dropped for three consecutive weeks and is hovering at its lowest level since January 2020 against Bitcoin (BTC). The ETH/BTC pair plunged to a low of 0.019, down more than … Read more
REZ crypto surged by as much as 38% today, ahead of its upcoming listing on South Korea’s Bithumb exchange. According to crypto.news data, Renzo (REZ) hit an intraday high of $0.022 on April 1, lifting its market cap to nearly $43 million. While the token was rallying, its daily trading volume dipped 17% to around … Read more
Introduction The recent downturn in Bitcoin (BTC) prices has created anxiety in the cryptocurrency market, especially as traders and investors await the Federal Reserve’s forthcoming interest rate decision. It is well-documented that macroeconomic events, particularly Federal Reserve meetings, play a significant role in shaping the price movements of risk assets such as Bitcoin. While some … Read more
Solana price has crashed to a crucial support level and is at risk of further declines after forming a death cross pattern. Solana (SOL), one of the top cryptocurrencies, has plunged to $138, down by 53% from its highest level this year. This crash has coincided with the ongoing woes in its ecosystem as most … Read more
NFT Market Fall: A Short Overview NFT markets developed incredibly rapidly towards the close of 2023. The trend swiftly turned, however. NFT trading volume hit $1.36 billion, based on data by DappRadar. By January, it dropped by 26%. The decline accelerated in February, with another 50% drop. Here’s how the numbers look: Month Trading Volume … Read more
More than 30 U.S. states have explored the idea of publicly funded Bitcoin reserves, with at least two jurisdictions nearing the passage of related legislation. Policy makers in Washington haven’t agreed on federal laws to create a Bitcoin (BTC) reserve, Wyoming Republican Senator and chair of the Senate Banking Subcommittee on Digital assets, Cynthia Lummis … Read more