Ethereum’s price may sink to $1,600 soon, according to recent market predictions. The second-largest cryptocurrency by market cap has been struggling below the $2,000 mark for weeks. Technical patterns and on-chain data both point to further declines ahead, based on multiple analyst reports. Triangle Pattern Break Signals Trouble Ahead Bit Bull, a cryptocurrency expert, noted recently on X that Ethereum extricated itself from a symmetrical triangle after it retreated below $1,820. A breakdown of this nature usually translates into a bearish sentiment in the markets, which often means continuing downward…
Day: April 6, 2025
Paypal and Venmo Expand Cryptocurrency Offerings With Chainlink and Solana
Paypal has announced the expansion of its cryptocurrency offerings with the addition of chainlink (LINK) and solana ( SOL) for users of both Paypal and Venmo. Starting in the coming weeks, users will be able to buy, hold, sell, and transfer these new tokens directly within their accounts. May Zabaneh, Vice President of Product for […] Source
XRP High Stakes Setup: Analyst Warns Of Sharp Move To $17 Or $0.65
Renowned market analyst Egrag Crypto has shared another puzzling XRP price prediction stating the altcoin is at a major technical crossroads. This development follows a resilient price performance in the past week during which XRP gained by 2.07% as the broader crypto market stands bullish despite the announcement of new US trade tariffs. Ascending Wedge Signals Incoming Volatility — Which Way Will XRP Break? In an X post on April 5, Egrag Crypto issued a dual price forecast on the XRP market based on the potential implications of a forming…
Billionaire investor would ‘not be surprised’ if Trump postpones tariffs
Crypto-friendly billionaire investor Bill Ackman is considering the possibility that US President Donald Trump may pause the implementation of his controversial proposed tariffs on April 7. “One would have to imagine that President Donald Trump’s phone has been ringing off the hook. The practical reality is that there is insufficient time for him to make deals before the tariffs are scheduled to take effect,” Ackman, founder of Pershing Square Capital Management, said in an April 5 X post. Trump may postpone tariffs to make more deals, says Ackman “I would,…
Bitcoin ETFs Log $65 Million Outflow With Zero Inflows, Ether ETFs Break Losing Streak
Bitcoin ETFs recorded a $65 million outflow on Friday with no offsetting inflows, led by exits from GBTC, ARKB, and BITB. Ether ETFs, on the other hand, saw a small inflow of $2 million, breaking their multi-day outflow trend. Bitcoin ETFs Bleed for Second Day While Ether ETFs Show Signs of Life Investors slammed the […] Original
Bitcoin ‘Sales Pressure’ Building Up — What This Means
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…
From Trillions to Billions: TradFi’s Historic $6T Crash Dwarfs Crypto’s $30B Retreat
Over the past seven days, bitcoin exhibited steadfast stability, hovering near its prior valuation, yet the digital asset ecosystem contracted by $30 billion in tandem. The most pronounced setbacks emerged from IMX and IP, which relinquished 22.8% and 20.1% of their value, respectively. Bitcoin Holds Firm as Crypto Market Sheds $30B This week delivered a […] Source CryptoX Portal
Crypto Firm Sentenced for AI Token Wash Trading After DOJ Undercover Sting
Federal agents posed as a crypto startup to expose CLS Global’s role in AI token wash trades, revealing deceptive algorithms used to fake market demand. Secret DOJ Sting Exposes Crypto Wash Trades With AI Token as the Bait The U.S. Department of Justice (DOJ) announced on April 2 that CLS Global FZC LLC, a cryptocurrency […] Source CryptoX Portal
Risk Assets Down, BTC Holds Steady
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin has maintained its price above $80,000 despite a massive sell-off in US stocks last week, sparking debate about its changing relationship with traditional risk assets. Related Reading Bitcoin…
Meta’s Llama 4 puts US back in lead to ‘win the AI race’ – David Sacks
The White House AI and crypto czar David Sacks says Meta’s release of its latest AI model, Llama 4, has pushed the United States into the lead in the global race for artificial intelligence dominance. “For the US to win the AI race, we have to win in open source too, and Llama 4 puts us back in the lead,” Sacks said in an April 5 X post, as speculation continues to mount over the US and China competing for the top spot in the global AI race. Sacks has…