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Markets and Prices

Friend.tech’s FRIEND Token Airdrop Faces Steep Decline Since Market Debut

Friend.tech’s FRIEND Token Airdrop Faces Steep Decline Since Market DebutFriend.tech, the decentralized social media application on the Base network, recently launched its native token through an airdrop. Since trading commenced, the token has plummeted, dropping anywhere from 50% to 90% of its initial value across various decentralized exchange (dex) platforms, as reported by several different price aggregation websites. FRIEND Starts Strong but Value Plummets […]

SEC delays decision on Bitwise 10 Crypto Index ETF application

Bitcoin Technical Analysis: BTC Bulls Challenge Upper Resistance Amid Bearish Pressure

Bitcoin Technical Analysis: BTC Bulls Challenge Upper Resistance Amid Bearish PressureAs of May 3, 2024, bitcoin’s price stands at $59,142, with a 24-hour intraday range of $57,789 to $60,000. The leading cryptocurrency maintains a market capitalization of $1.15 trillion and has recorded a trading volume of $28.43 billion over the same period. Bitcoin Bitcoin’s daily chart analysis reveals a consistent bearish trend with BTC’s price […]

SEC delays decision on Bitwise 10 Crypto Index ETF application

Standard Chartered Warns Bitcoin Price Could Fall to $50K

Standard Chartered Warns Bitcoin Price Could Fall to KStandard Chartered Bank has warned that bitcoin’s price could potentially decline to $50,000. The head of digital asset research at the bank attributed this forecast to a mix of crypto-specific factors and broader macroeconomic influences. Additionally, he warned about the risk of liquidation for some spot exchange-traded fund (ETF) positions, emphasizing that over half of […]

SEC delays decision on Bitwise 10 Crypto Index ETF application

JPMorgan: Retail Investors Drive Selloff in Both Crypto and Equity Markets

JPMorgan: Retail Investors Drive Selloff in Both Crypto and Equity MarketsJPMorgan has highlighted a significant increase in selling and profit-taking across equity and crypto markets, driven largely by retail investors. The global investment bank also observed institutional momentum traders and quantitative funds reducing positions, particularly in stocks, bitcoin, and gold. Insights on Market Trends by JPMorgan JPMorgan, a global investment bank, has provided insights on […]

SEC delays decision on Bitwise 10 Crypto Index ETF application

Peter Schiff Declares Bitcoin in Bear Market Amid US Economy’s Stagflation Reality

Peter Schiff Declares Bitcoin in Bear Market Amid US Economy’s Stagflation RealityEconomist and gold advocate Peter Schiff has declared bitcoin to be in a bear market, despite the recent surge in interest in spot bitcoin exchange-traded funds (ETFs). Additionally, he cautioned that economic data provides conclusive evidence that stagflation is not merely a future prospect for the U.S. economy, “but already a current reality.” Peter Schiff […]

SEC delays decision on Bitwise 10 Crypto Index ETF application

NFT Sales Dip Over 31% in April; Ethereum, Solana Experience Sharp Declines

NFT Sales Dip Over 31% in April; Ethereum, Solana Experience Sharp DeclinesSales of non-fungible tokens (NFTs) experienced a 31.26% decline in April from the revenues recorded in March. Last month, statistics show that NFT transactions across several markets totaled approximately $1.15 billion in sales. NFT Revenues Shrink in April, Certain Bitcoin Collections Buck the Trend As April concluded and May commenced, data reveals that NFT sales […]

SEC delays decision on Bitwise 10 Crypto Index ETF application

Bitcoin Technical Analysis: Uncertainty Looms as Bearish Patterns Persist

Bitcoin Technical Analysis: Uncertainty Looms as Bearish Patterns PersistBitcoin’s technical analysis reveals a protracted bearish trend, reflecting significant selling pressure and resistance to upward movement. With today’s price standing between $57,505 and $58,059 at 8 a.m. ET, oscillators and moving averages predominantly suggest a continuation of this decline. Bitcoin On the BTC/USD daily chart, the trajectory of lower highs and lower lows underscores […]

SEC delays decision on Bitwise 10 Crypto Index ETF application

Ethereum Technical Analysis: ETH’s Consolidation Phase Highlights Potential Downward Trajectory

Ethereum Technical Analysis: ETH’s Consolidation Phase Highlights Potential Downward TrajectoryAs ethereum continues its price fluctuations, technical indicators on the 1-hour, 4-hour, and daily charts suggest a bearish outlook with mixed trading signals. Despite some bullish undercurrents, the predominant sentiment remains cautious. Ethereum Ethereum’s (ETH) price action has shown a downward trend on the 1-hour chart, marked by a series of lower highs and lower […]

SEC delays decision on Bitwise 10 Crypto Index ETF application

Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s Recovery

Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s RecoveryAs of April 29, 2024, bitcoin remains under considerable bearish pressure according to multiple indicators across different time frames. Currently trading at $62,279, bitcoin has shown a 24-hour range between $61,994 and $63,929. Bitcoin Bitcoin’s (BTC) daily chart presents a stark bearish trend with a series of lower highs and lower lows, suggesting that sellers […]

SEC delays decision on Bitwise 10 Crypto Index ETF application