XRP slows down before reaching $2.90. If it breaks through that resistance with volume, it would go to the $3.80 area, its ATH. XRP surpassed the $2.60 line in the last 24 hours and thus strongly broke the bullish pennant that had been forming since December. Now, the cryptocurrency issued by Ripple Labs faces key … Read more
Bitcoin (BTC) has recorded a significant rally, moving away from its key support of $90,000 to reach $97,000 in the last 24 hours. This movement occurs amid the publication of new inflation data in the United States, which was lower than expected, which is why this rebound in the price of the first digital currency … Read more
A ruling issued by the United States Supreme Court on January 14 admitted a class action lawsuit filed in 2020 by a group of investors against the Binance exchange. With this decision the Supreme Court accepts a challenge that the plaintiffs filed in March 2024, rejecting a decision made by the US Court of Appeals … Read more
ZK is approaching the lower boundary of a bullish channel and has a high chance of rebounding. The ZKsync team works in alliances to increase the adoption of this technology. ZKsync (ZK), governance token of the eponymous Ethereum rollup, consolidates a bullish channel that – if the trend continues – could take it to new … Read more
The increase in bankruptcy filings in the United States worries analysts at the financial newsletter The Kobeissi. According to revealed data by Kobeissi, the 12-week moving average of bankruptcy filings is now at 17the highest level in two years. Bankruptcy applications in the United States (black line). Source: The Kobeissi Letter. This increase coincides with … Read more
The Open Network (TON) foundation is preparing its expansion to the United States, amidst anticipation for the presidential inauguration of Donald Trump. As CriptoNoticias has reported, the Republican leader expressed his support for cryptocurrencies and promised that, during his second term, there will be favorable regulation to promote the growth of the industry in that … Read more
Metaplanet, a Japanese investment firm, has gained visibility for implementing the same bitcoin (BTC) accumulation strategy as the American software company, MicroStrategy (MSTR). It is worth clarifying that “Japanese MicroStrategy” is just a comparison, but there is no relationship between the two companies. At the moment, Metaplanet has 1,762 BTC in its treasury and projects … Read more
Different events that are about to take place could shake up the bitcoin (BTC) and cryptocurrency market, both downwards and upwards. “In the short term, cryptocurrency markets are primarily focused on two catalysts,” notes exchange Coinbase in a new report. These are Donald Trump’s US presidential inauguration in a week and the ongoing FTX compensation … Read more
Purchases on exchanges offset money outflows from ETFs. Generally, a negative capital flow for ETFs implies a drop in the price of bitcoin. Yesterday, January 13, bitcoin (BTC) exchange-traded funds (ETFs) in the United States recorded money outflows of more than $284 million and have accumulated three consecutive days in the red. According to data … Read more
Grayscale, a digital asset management firm, announced the rebalancing of its cryptocurrency funds for the fourth quarter of 2024. The company detailed that removed its holdings in Avalanche (AVAX) from its Digital Large Cap fund to increase its exposure to bitcoin (BTC) and ether (ETH)the native currency of the Ethereum network. Additionally, he allocated a … Read more