Ethereum’s price today is facing the stiffest resistance in recent weeks, just above the $1,700 level, and continuing to climb is no sure thing. The cryptocurrency’s price is currently sitting just over $1,590 on Wednesday after bouncing off some support at $1,449 last week and recovering marginally. This powerful economic...
We welcome back Senator Cynthia Lummis for reintroducing her Bitcoin Act. This unprecedented move is igniting spirited debate on what government purchases of Bitcoin might mean for the value of Bitcoin. The legislation, which is short and simple, would have the U.S. government purchase one million Bitcoin (BTC) within five...
Bitcoin’s price action is at risk of being thwarted at the Ichimoku Cloud, a technical analysis tool used by traders. In general terms, this positive cloud is affecting the recent momentum, support, and resistance dynamics in the market. Cryptocurrency analysts such as Omkar Godbole are looking at the Ichimoku Cloud...
Cryptocurrency investors are always looking for the next clue as to how any particular digital asset will perform. 2025 predictions forecast anywhere from a $4,735 ETH to an $86,000 BTC. That’s just the nature of the market’s volatility and unpredictability. Though not exhaustive, these projections provide a helpful look into...
Bitcoin is showing very positive indications that a major bullish breakout is on the horizon. This excitement is propelled by a combination of technical indicators, macroeconomic factors, and rising market optimism. The crypto currency shot up from $4,000 to $69,000 in spectacular fashion. Today, it is signaling at least one...
Dogecoin (DOGE) in particular, sits at a make or break level as we speak. It’s challenging a key resistance point at 17 cents and seeking support at 13 cents. These levels are crucial in deciding the meme coin’s short-term direction. At the time of this writing, 1 Dogecoin is selling...
Bitcoin looks to be making a case for a bullish comeback. This optimism is largely fueled by increasing liquidity brought on by the U.S. Treasury’s TGA drawdown and impact of the April halving. From a technical analysis perspective, there are important levels to monitor—with a move above $90,000 indicating that...
Dogecoin (DOGE) is in an interesting bearish market situation right now. It is developing its second multi-month descending triangle pattern since early December. This pattern of aversion has continued even as the broader market has downtrended, causing many investors to fear that prices may continue to fall. Despite the weakness...
Fartcoin, which has become the biggest meme coin by market cap, is up 15% on the day and is trending at the very top of search volume. This giant spike is indicative of rapidly escalating institutional speculation as well as a burgeoning retail interest in the cryptocurrency. At writing time,...
As the broader crypto market continues to settle, stablecoin use is becoming more widely adopted. This is happening simultaneously as the Administration reverses its position on global tariffs, and as 10-year Treasury yields trend lower to about 4.45%. Bitcoin options markets still point to growing confidence that this bull cycle...