Tag: Top

Movement (MOVE) Plummets After Top US Crypto Exchange Coinbase Axes Support for the Layer-2 Project

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The Ethereum (ETH)-based layer-2 project Movement (MOVE) cratered to an all-time low on Thursday after Coinbase announced it would axe trading support for the asset on May 15th. Coinbase didnโ€™t articulate a specific reason for the delisting, but the decision materialized a few weeks after Movement became embroiled in a controversy on another top crypto exchange. In late March, Binance banned and froze the assets of a market maker that operated for Movement. The layer-2 projectโ€™s native token launched via Binanceโ€™s Airdrops Portal in December, but Binance said that after…

Bitcoin trader says BTCโ€™s cycle top in $125K to $150K range if certain conditions are met

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Key takeaways: Bitcoin (BTC) price jumped to new quarterly highs at $96,700 on May 1, a day after the US GDP contracted -0.3% for the first time since Q2 2022. Amid heightened economic concerns, the probability of a Federal Reserve interest rate cut rose to 62.8% for the June 18 Federal Reserve meeting. Over the past 24 hours, short position liquidations exceeded $137 million, with Alphractal founder Joao Wedson observing that BTC’s price momentum continues to favor bullish trends. Bitcoin aggregated liquidation heatmap. Source: X.com Peter Brandt predicts a $150K…

Over 85% of Bitcoin holders are in profit โ€” Is a BTC top near?

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On-chain data shows that more than 85% of holders are now sitting on profits, raising speculations of short-term profit-taking. In an analysis published on Apr. 29 by CryptoQuant contributor Darkfost, the โ€œsupply in profitโ€ metric, which tracks the percentage of Bitcoin (BTC) holders currently above their cost basis, has climbed back above 85%. This marks a strong recovery from a recent dip to 75%, a level often seen as a key support zone in past market cycles. โ€œHaving a large portion of supply in profit is not a bad thing,โ€…

Solana Could Dominate Markets Next Month, Says Top Analyst

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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 artรญculo tambiรฉn estรก disponible en espaรฑol. Daily price action in the SOL/BTC pair is beginning to paint a sharply different picture from the one that dominated the first quarter, according to a chart shared on…

Strategy acquires 15,355 more Bitcoin for $1.4b, holdings top 550k BTC

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Bitcoin treasury firm Strategy, formerly MicroStrategy, added another 15,355 BTC to its balance sheet over the past week. The company spent about $1.42 billion at an average price of $92,737 per Bitcoin, according to an SEC filing Monday. The purchase brings Strategyโ€™s total Bitcoin (BTC) holdings to 553,555 BTC, worth over $52 billion at Bitcoinโ€™s current price of just above $95,000.ย  The companyโ€™s cumulative average purchase price now stands at $68,459 per Bitcoin, reflecting a total investment of around $37.9 billion, including fees.ย  Strategyโ€™s holdings account for more than 2.6%…

A ‘local top’ and $88K retest? 5 things to know in Bitcoin this week

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Bitcoin (BTC) is bracing for a major US macro data week as crypto market participants warn of serious volatility next. Bitcoin retests $92,000 after a promising weekly close, but traders still see a deeper BTC price correction to come. A bumper week of US macro data comes with the Federal Reserve under pressure on multiple fronts. The Fed has its hands tied, analysis argues, predicting interest rates coming down, liquidity booming and BTC/USD reaching $180,000 within eighteen months. Bitcoin short-term holders are back in the black, making current price levels…

New SEC Chair Promises Radical Crypto Reformsโ€”Vows to Make US the Top Investment Hub

Crypto markets and investor confidence are poised for explosive growth as new SEC leadership vows to end overreach, restore fairness, and champion clear digital asset regulations. New SEC Leadership Signals Massive Win for Crypto Innovation and Investor Confidence Paul Atkins officially assumed leadership of the U.S. Securities and Exchange Commission (SEC) during a swearing-in ceremony [โ€ฆ] Source CryptoX Portal

Top cryptocurrencies to watch: Pi Network, XRP, Sui

Cryptocurrency prices rallied last week as U.S. President Donald Trump said, without citing examples, that trade talks with other countries were taking place. Bitcoin (BTC) jumped above $95,000 for the first time in over a month, while the market cap of all Solana (SOL) meme coins jumped to over $10 billion. This article explains why Pi Network (PI), Ripple (XRP), and Sui (SUI) are the top cryptocurrencies to watch this week. Sui token unlock could disrupt the rally Sui, a top layer-1 network, was one of the top-performing coins in…

Top US Crypto Exchange Coinbase Adds Brand-New On-Chain Social Media Altcoin to Listing Roadmap

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Coinbase has added the newly launched native asset of an on-chain social network to its listing roadmap. The exchangeโ€™s customers may soon be able to trade ZORA, the native asset of the Zora Network, a layer-2 protocol built on top of Ethereum (ETH). Explains the projectโ€™s website, โ€œZoraโ€™s mission is to make the internet valuable and free โ€“ thatโ€™s why weโ€™re building a social network that makes tokenizing and trading posts easy, fun, and rewarding.ย  Our Rewards enable creators and developers on Zora to earn from trading activity through two…

Investors can turn to stocks as Bitcoin nears range top, analysts warn

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Analysts warn that investors may shift to stock replacement strategies as Bitcoin approaches the upper end of its $73,000 to $94,000 range. Bitcoinโ€™s (BTC) recent rally has put it at the upper end of its trading range, and analysts are now warning that investors may look to stocks as a safer alternative. With Bitcoin now trading at around $93,500, the cryptocurrency has broken above its 21-week moving average, which is considered a key indicator for distinguishing between bull and bear markets, analysts at Matrixport noted in a recenet research report.…