Ethereum price started a fresh decline and traded below $2,050. ETH is now consolidating below $2,150 and might struggle to recover. Ethereum started a downside extension below the $2,150 zone. The price is trading below $2,150 and the 100-hourly Simple Moving Average. There is a connecting trend line forming with support at $2,050 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,150 zone. Ethereum Price Extends Losses Ethereum price failed to remain stable above $2,220 and…
Tag: Market
Binance Records $1.5 Billion Stablecoin Net Inflow Amid Highly Reactive Market
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…
CLARITY Act Finalized THIS Is Why Crypto Market Will Explode!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CLARITY Act Finalized THIS Is Why Crypto Market Will Explode 🚨 Zach’s Patreon: ✅Full Portfolio Access ✅ Buy and Sell Alerts ✅ Private Discord Community ✅ Watch me build a crypto portfolio from $0 🏆Live calls with Zach 🔥 Get Zach’s Trading Indicator (USE THIS DISCOUNT CODE X ) 30 day money back guarantee! Try it risk free today! 👉 🔥 FREE NEWSLETTER SIGN UP: 🔥 CRYPTO IRA – $100 BONUS WHEN YOU SIGN UP START TRADING CRYPTO WITH ME TODAY! Sign…
US Bond Market Cracks Show as 30-Year Treasury Clears Above 5% for First Time Since 2007 – Bitcoin News
Key Takeaways The U.S. Treasury sold $125B in new debt May 11-13, with the 30-year bond clearing at 5.046%, the highest since 2007. Bid-to-cover ratios across all three auctions fell below 2.55, signaling weakening investor appetite for long-dated U.S. debt. Rising 30-year yields toward 5.1% threaten to push mortgage rates and corporate borrowing costs higher in the weeks ahead. Investors Push 30-Year Treasury Yield Above 5% as U.S. Auction Demand Falls to 2007 Lows The three auctions, covering 3-year notes, 10-year notes, and 30-year bonds, settled May 15 against a…
Stablecoin Market Cap Tops $323.3 Billion as Weekly Inflows Log $1.5 Billion – Bitcoin News
Key Takeaways Tether added $68.2M as USDT held 58.67% of the $323.3B stablecoin market. Sky’s USDS jumped 11.5% to $8.79B, closing in on the $10B milestone. Western Union’s USDPT spiked 597,568%, though its market cap remains just $1.5M. Tether Commands 58.67% of Stablecoin Market; Western Union USDPT Rises 597,568% Tether’s USDT remains the dominant force in the stablecoin sector by a wide margin, holding a market capitalization of $189.7 billion this weekend after adding $68.2 million since May 9. Circle’s USDC moved in the opposite direction this past week, shedding…
Crypto market crash hits Bitcoin and alts
The crypto market lost nearly $90.3 billion in value in a single hour on May 16, pushing Bitcoin to $77,678 and triggering mass liquidations across the board. Summary PPI inflation data came in 6% above forecast, killing rate-cut expectations and sending risk assets into a sharp sell-off. BlackRock’s IBIT shed $136 million as U.S. spot Bitcoin ETFs posted $290 million in outflows, ending a six-week inflow streak. Nearly 154,000 traders were liquidated in 24 hours, wiping out roughly $696 million from the derivatives market. The crypto market shed $90.3 billion…
ETH stalls at $2.4K five times, SOL to rally to $120: Market Moves
Ether price is still stuck below $2.4K: Here is why Ether (ETH) has tested the $2,400 resistance five times over the past month, with each breakout attempt losing momentum near that level. The stalled price action comes as spot Ether exchange-traded funds (ETFs) recorded just $500 million in inflows since March. Ether reserves on Binance exchange climbed by 400,000 ETH, and ETH futures traders also reduced leverage exposure over the past week. Spot Bitcoin ETFs attracted roughly $4.5 billion in net inflows since March, supporting BTC’s move above $82,000. Ether…
XRP Price Dominates Crypto Market As Bitcoin And Ethereum Lag Behind
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Market Analyst Outlines How The XRP Price Will Reach $300 And What Everyone Is Missing
CharuSan XRP, a market analyst, believes the XRP price could rise immediately to $300 once banks begin using it as a global settlement asset. The analyst framed this high price as a basic requirement for XRP to function as a global payment rail, not a speculative move. Furthermore, CharuSan noted that people who believe Ripple’s stablecoin RLUSD could serve as a settlement layer instead of XRP are completely missing the point, citing supply dynamics to support his claims. XRP Price Forecasted To Jump To $300 After CLARITY Act In an…
Bitcoin Futures Hit $61.9B as Traders Pile Into Both Sides of the Market – Bitcoin News
Key Takeaways Bitcoin futures open interest (OI) hit $61.9B across all exchanges on May 14, with Binance holding 19.05% market share. CME’s put-heavy options book signals institutional hedging, as calls lead 57% to 43% on Deribit and OKX volume. Deribit’s June 26 expiry carries $14.52B in notional value, making it the heaviest options event this summer. CME Tops the Futures Leaderboard at $9.72B — Here’s What Institutional Money Is Doing Total futures open interest stood at 759,550 BTC, with Binance holding the largest share at 144,730 BTC and $11.79 billion…