[ad_1] Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become…
Author: dfrancis36
[ad_1] In a recent commentary shared on X, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, which ranks as the world’s largest provider of cryptocurrency index funds, detailed why investors should consider diversifying their cryptocurrency portfolio by adding Ethereum (ETH), alongside maintaining a position in Bitcoin (BTC). Hougan offered three compelling reasons for investors to embrace ETH, while also presenting a critical viewpoint for remaining invested solely in BTC. Ethereum Vs. Bitcoin: 3 Reasons Pro-Ethereum Hougan began by emphasizing the importance of diversification within crypto investments. Drawing an analogy to the early days of the internet, he pointed out…
[ad_1] A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a small-cap altcoin built on the Ethereum (ETH) blockchain. The analyst and trader pseudonymously known as Credible Crypto tells his 399,300 followers on the social media platform X that the native token of Curve DAO (CRV), a decentralized finance (DeFi) platform focused on trading of stablecoins, is on the cusp of a massive rally. Credible Crypto says that CRV could skyrocket above $6, a potential gain of over 1,724% from the current level, once Bitcoin (BTC) reaches a price of over $100,000. CRV is trading at $0.329…
[ad_1] Fetch.ai (FET), a leading artificial intelligence (AI) crypto, rocketed to the top of the gainers chart on Thursday. The 28% surge comes just days before FET’s scheduled merger with other AI tokens into the much-anticipated Artificial Superintelligence Alliance (ASI). Related Reading Bullish Brew: AI Market Momentum And Upcoming Alliance Fuel FET’s Rise The recent surge in FET’s price appears to be a confluence of positive factors. The general AI market is experiencing a boom, fueled by the success stories of Elon Musk’s xAI advancements and Nvidia’s recent claim to the title of the world’s most valuable company. This positive…
[ad_1] Ripple Labs is facing another civil securities lawsuit for “misleading statements” made by its CEO, Brad Garlinghouse, in a 2017 interview. A California federal court judge has greenlighted the lawsuit but denied a summary judgment, meaning a jury will hear the case.A Statement Made in 2017In an interview with Canada’s BNN Bloomberg in 2017, Garlinghouse mentioned that he was “very, very long” on XRP, the digital token of Ripple. However, the lawsuit alleges that, in reality, he “sold millions of XRP” in that same year.In his order on 20 June, Judge Phyllis Hamilton dismissed four allegations around Ripple’s “failure…
[ad_1] On Thursday, 3iQ Digital Asset Management announced the filing of a preliminary prospectus for The Solana Fund (QSOL) with securities regulatory authorities across Canada, excluding Quebec. If approved, QSOL will become the first Solana (SOL) exchange-traded product (ETP) listed in North America, trading on the Toronto Stock Exchange (TSX) under the ticker “QSOL”. First Solana ETP In North America Submitted This prospective listing marks a significant milestone for 3iQ, a global leader in digital asset investment solutions. The firm has a robust history of firsts in the digital asset sector, including launching the first publicly traded Bitcoin and Ether…
[ad_1] Dogecoin started another decline from the $0.1285 resistance zone against the US Dollar. DOGE is consolidating and might resume its decline below $0.1220. DOGE price is moving lower below the $0.1250 support zone. The price is trading below the $0.1250 level and the 100-hourly simple moving average. There is a key rising channel or a bearish flag pattern forming with support near $0.1220 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price must settle above $0.1260 and $0.1285 to gain bullish momentum and start a fresh increase. Dogecoin Price Dips Again After a decent…
[ad_1] In an interesting turn of events, the Bitcoin open interest has remained high even at a time when the price has been dropping. This suggests that despite the price crash, investors are still looking favorably at the pioneer cryptocurrency. Bitcoin Open Interest Stays Close To All-Time High The Bitcoin price has seen a decline over the last week, pushing it from over $70,000 to below $66,000 in the process. Usually, a decline such as this would be greatly reflected in the open interest of the cryptocurrency. However, that has not been the case, as Coinglass data shows. Rather than…
[ad_1] Bitcoin keeps catching the attention of investors and analysts with its price changes and big moves. Recently trading at $65,715, Bitcoin’s small increase of nearly a percent in the last 24 hours has sparked some cautious optimism among crypto fans around the world. This newfound confidence is boosted by big whale activity and positive long-term predictions from top analysts. Related Reading Big Investor Buys $395M Worth of Bitcoin A well-known crypto whale has made headlines by buying 6,070 BTC, worth about $395 million. This is the whale’s first big purchase in over 18 months. Known for smart trading moves,…
[ad_1] Data shows the Bitcoin Net Taker Volume has been mostly at negative levels recently. Here’s what this could mean for the asset’s price. Bitcoin Net Taker Volume Has Been Mostly Negative In The Past Month As CryptoQuant community manager Maartunn pointed out in a post on X, the Net Taker Volume suggests a lack of strong taker buy volume in the past month. The “Net Taker Volume” is an indicator that keeps track of the difference between the Bitcoin taker buy and taker sell volumes. Naturally, the two volumes measure the buy and sell orders filled by takers in…