Tag: Market

Live: What’s Happening in Crypto Market on Sept. 24 as Market Cap Stands at $3.88T

Leading altcoins faced the sharpest selling pressure, which dragged the crypto market cap down to $3.88 trillion on Sept. 24. Let’s take a look at other real-time market updates today! next Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content. Cryptocurrency News,…

Ethereum Faces Resistance Wall – Could Market Be Preparing for Another Decline?

Ethereum price started a fresh decline below $4,220. ETH is now consolidating and might decline further if it breaks the $4,125 support zone. Ethereum failed to extend gains and declined below the $4,200 zone. The price is trading below $4,220 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,370 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above $4,280 and $4,320. Ethereum Price Is Now At Risk Ethereum price…

Bitcoin Market Sees Over 73,000 BTC Influx Into Wallets Younger Than 1 Month

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As Bitcoin (BTC) continues to trade in the low $110,000 range, on-chain data shows that a fresh wave of demand has entered the market. Notably, the Net Position Change (NPC) of the youngest cohort of BTC holders has re-entered positive territory, raising hopes for the cryptocurrency to gain bullish momentum. Bitcoin NPC Back In Positive Territory According to a CryptoQuant Quicktake post by contributor Crazzyblockk, the NPC of Bitcoin holders who have held the digital asset for less than one month has decisively flipped into positive territory. This change shows…

Senator Behind Market Structure Says Bill Could Address Crypto ATM Scams

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With members of the US Senate Banking Committee expected to vote on legislation to address digital asset market structure by the end of the month, one of the bill’s proponents has suggested that the chamber’s version could address fraud through cryptocurrency ATMs.  In a Monday X post, Wyoming Senator Cynthia Lummis said one of the issues she and New York Senator Kirsten Gillibrand “hope to address in market structure” was instances of fraud involving Bitcoin (BTC) ATMs. She cited a report in which the Cheyenne police department “identified 50 instances…

Market Rotates Back to Bitcoin After Major $1.7 Billion Wipeout

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Crypto markets steadied after $1.7 billion in liquidations rattled traders, with bitcoin holding above $112K and ether near $4,200. While altcoins lost momentum, institutional inflows and seasonal trends could position BTC for a breakout in October. Crypto Recovers After Liquidation Shock, Eyes October Tailwinds Crypto markets are regaining balance after one of the year’s largest […] Original

Binance’s Aster Soars 1800% in a Week Despite Market Crash: Is Bitcoin Hyper Next?

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DeFi comes and goes, but the latest developments in the sector have surprised even experienced players. The perpetual DEX (decentralized exchange) sector has entered a cooling phase. Total value locked (TVL) declined from an all-time high of about $6.1B on September 13 to roughly $5.1 B by September 22. However, with gains of 600% and 2100%, respectively, two new entrants – Avantis ($AVNT) and Aster ($ASTER) – are quickly gaining traction, resisting the broader downturn with impressive increases in both token price and protocol adoption. Avantis: Rapid but Steady Growth…

Avalanche Defies Crypto Market Dump With 10% Gains

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Key takeaways: AVAX’s 10% to $33 on Tuesday is fueled by Avalanche treasury initiatives.  Avalanche’s network growth in TVL and stablecoin market cap shows booming DeFi adoption. AVAX’s rounded bottom pattern projects a short-term target at $55, and $212 in the longer term.  Avalanche’s AVAX (AVAX) token surged 10% to trade above $33 on Tuesday amid a broader crypto market downturn, bucking the sell-off trend. AVAX price is up 21.5% from its local low of $29, driven by institutional momentum, signaling renewed confidence in the layer-1 token. AVAX/USD four-hour chart.…

Bitcoin Price Dips Again – Could This Spark Panic Selling Across Crypto Market?

Bitcoin price extended losses after it traded below $115,000. BTC is now moving lower and might even test the $110,500 support zone. Bitcoin started a fresh decline below the $115,000 zone. The price is trading below $114,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $114,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $115,000 zone. Bitcoin Price Dips Further Bitcoin price failed to stay the $116,500…

Democrats Signal Support for Bipartisan Solution to Market Structure Bill

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A group of Democratic senators in the US Congress has signaled its intention to work with Republicans on advancing legislation to establish a digital asset market structure framework. In a Friday statement, 12 Democrats, including members of the Senate Banking Committee and Senate Agriculture Committee, issued a statement ahead of an expected vote on a crypto market structure bill pushed by Republican leadership. “We hope our Republican colleagues will agree to a bipartisan authorship process, as is the norm for legislation of this scale,” the statement reads. “Given our shared…

Bitcoin price pattern signals a steeper crypto market crash

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The ongoing crypto market crash could worsen in the near term as the Bitcoin price flashes at least three risky patterns on the weekly time frame chart. Summary Bitcoin price has formed a rising wedge pattern on the weekly chart. It has also formed a bearish divergence pattern, pointing to a crash. Such a crash would lead to a steeper crypto market crash. Bitcoin price chart has formed risky patterns The weekly timeframe chart shows that the Bitcoin (BTC) price has formed highly bearish chart patterns.  First, it has formed…