Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Tag: Market
Pattern Suggests Dogecoin May Lead Crypto Market This Month
Este artículo también está disponible en español. Technical analysis of the Dogecoin price shows that the meme coin might be gearing up to outperform the market this month. Particularly, technical analysis of the Dogecoin/Bitcoin pair shows that an interesting bullish pattern has just emerged that could send Dogecoin on a journey to creating a huge bullish candle and a strong uptrend throughout the entire month. Double Bottom Pattern: A Bullish Setup For Dogecoin Dogecoin’s price action has been marred by a decline in the past seven days. This notable price…
Bitcoin Price In Trouble? Bearish Divergence That Led To Market Crash Last Cycle Has Returned
Este artículo también está disponible en español. Crypto analyst Kevin Capital has suggested that the Bitcoin price may be in trouble. This follows his revelation that a bearish pattern that once led to a market crash in the last cycle has returned for the flagship crypto. Bearish Divergence That Led To Market Crash Returns For Bitcoin Price In an X post, Kevin Capital revealed that the bearish divergence that led to the market crash in the last cycle has returned for the Bitcoin price. He highlighted how bearish this pattern…
XRP Market Update: $3.10 Breakout or Bust? Traders Hold Breath as Bears Tighten Grip
XRP currently hovers at $2.979 to $2.992 over the last hour, accompanied by a daily transaction volume of $3.45 billion and a market valuation of $172 billion. Its intraday fluctuations spanned $2.96 to $3.08, reflecting a 12% dip from its historic zenith and a 2.6% decline in the past 24 hours. XRP XRP’s one-hour price […] Source CryptoX Portal
Options Market Recovers From Monday’s Sell-Off: Bybit and Block Scholes Analysis
DUBAI, UAE, Jan. 31, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released the latest crypto derivatives report, published weekly with Blocks Scholes. This week’s report highlights a significant risk-off event early in the week, as DeepSeek’s LLM announcement coincided with sharp declines across major indices and crypto markets. Despite this volatility, open interest in perpetual swaps remained stable, with funding rates momentarily turning negative before recovering. The options market also saw increased trading activity during the sell-off, even as forward-looking volatility expectations declined. Key Insights: BTC…
NFT Market Stumbles in January: Sales Drop 39% in Rocky Opening to 2025
Based on data gathered from Jan. 1 through Jan. 31, 2025, non-fungible token sales (NFT) experienced a 38.97% decline compared with the final month of 2024. Ethereum led in sales by amassing $340.47 million, although transactions on that particular chain registered a 36.58% decrease from the previous month. NFT Market Reels in January According to […] Source CryptoX Portal
Bitcoin To Continue Sideways Move, Is The Market ‘Satiated’?
Este artículo también está disponible en español. As the first month of 2025 comes to an end, Bitcoin (BTC) continues moving within its post-US election price range but nears two historical closing candles. Some analysts weighed in on the market’s state, suggesting that it could be satisfied with good news for the time being. Related Reading Bitcoin Near Historical Monthly Candle Despite the recent corrections, Bitcoin has been moving inside the $90,000-$108,000 range since December 2024, consolidating within the mid-zone of its price range for most of this period. Some…
A Blueprint for Crypto Market Structure
The digital asset industry stands at a critical, hopeful juncture. After years of fragmented approaches to regulation and legislation, we’ve reached a moment where clarity is both urgent and achievable. Blockchain Association’s consensus-driven market structure principles, which represent the perspective of the leading companies in the industry, offer a framework for the path forward. The market structure principles that emerged from this collaborative effort reflect the maturation of the industry and the focus required to enact meaningful legislation and achieve smart regulation. The principles tackle twelve key areas – at…
Bitcoin ETFs See $588 Million Inflow As Market Momentum Continues
The positive momentum on bitcoin ETFs continued with another day of net inflows worth $588 million, while ether ETFs bounced back with a net inflow of $67.77 million. Bitcoin and Ether ETFs Record Significant Inflows As Market Confidence Strengthens U.S. spot bitcoin exchange-traded funds (ETFs) recorded a significant net inflow of $588.22 million on Thursday, […] Original
Stablecoin market cap jumps $37b, hits record high since Trump’s victory
The market capitalization of stablecoins has jumped by $37.6 billion since U.S. president Donald Trump’s electoral victory in November. A new report from on-chain analytics provider CryptoQuant has revealed that the total value of USD-denominated stablecoins in circulation has jumped to a new record high since the announcement on Nov. 6. The report, which tracks the total market cap of Tether (USDT), USD Coin, Binance USD, True USD, Pax Dollar, and DAI, reveals that they have collectively hit $204 billion, representing a 22 percent rise in value in the 86…