The XRP price is on the verge of a 35% surge to its year-to-date high as inflows into the Teucrium 2x Long Daily XRP ETF continue. Ripple (XRP) was trading at $2.5270 on Tuesday, up over 55% from its lowest level this year, giving the token a market valuation of nearly $150 billion. Data shows…
Bonk is among the altcoins that saw a significant price dip early Tuesday as profit taking dented bulls’ momentum. The Bonk (BONK) crypto had jumped to highs of $0.0000256 as Bitcoin (BTC) broke to above $105k amid a U.S.-China trade deal announcement. But the flagship digital asset pared some of the gains and major altcoins…
Dogecoin has confirmed a bullish head and shoulders breakout, with the neckline now acting as critical support. A successful retest could ignite the next major rally in DOGE price action. Dogecoin’s (DOGE) price action has turned decisively bullish after breaking out of a textbook head and shoulders pattern, widely considered one of the strongest bullish…
Bitcoin was conceived as the first sustainable electronic commerce network independent of financial institutions. Fifteen years later, there is much talk about how Bitcoin will strengthen the American dollar, while financial institutions are investing in cryptocurrency. At the same time, it is still possible to come across remarks like “fiat money’s days are counted” when…
The Pi Coin price dropped on Tuesday as the recent comeback took a breather, with investors starting to take profits. Pi Network (PI) token was trading at $1.1475 at press time, down 31% from its highest point on Monday. This retreat has brought its market cap to $8 billion, making it the 19th biggest coin…
Crypto markets are down on the latest inflation numbers, as traders take profit from the recent market rally, which pushed BTC above $100,000. Profit-taking and inflation data have pushed the crypto markets down today. On Tuesday, May 13, the total crypto market cap fell by 0.48% to $3.32 trillion, while Bitcoin (BTC) was down 0.21%…
Bitcoin price may be on the verge of a big breakout to its all-time high, and analysts from Fundstrat, Ark Invest, Standard Chartered, and BlackRock expect it to keep rising in the coming years. One key theme among most analysts is that Bitcoin (BTC) is the digital version of gold, a top safe haven. Like…
Bitcoin and most altcoins remained in a tight range on Tuesday after the US published the April consumer inflation data. Bitcoin (BTC) was trading at $103,800, while Ethereum (ETH) hovered above the key point at $2,520. The market cap of all cryptocurrencies was largely unchanged at $3.3 trillion. Bureau of Labor Statistics data showed that…
M&G-supported digita assets firm GFO-X has debuted in London with its first cleared trade, entering the crypto derivatives market. A new crypto trading platform aimed at big financial firms, GFO-X, has just launched in London, kicking off its services this week with backing from M&G Investments and its first trade cleared through the London Stock…
LAUNCHCOIN, a token associated with the SocialFi platform Believe, rallied as high as 500% today amid ecosystem growth. Formerly known as PASTERNAK, named after Believe founder Ben Pasternak, Launch Coin on Believe (LAUNCHCOIN) hit an all-time high of $0.093 on May 13 during the afternoon Asian trading hours. Its market cap climbed past $81 million…
