Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first

The cryptocurrency market was hit with one other spherical of promoting on Might 26 as Bitcoin (BTC) value dropped to $28,000 and Ether (ETH) briefly fell beneath $1,800. The ETH/BTC pair additionally dropped... Read more »

Despite Merge Hype, Ethereum Is at Risk of a Correction

Key Takeaways Ethereum seems to be weak across the present value ranges as buying and selling volumes decreases. Though Ethereum is predicted to finish “the Merge” to Proof-of-Stake this yr, market sentiment... Read more »

After UST’s success, a new race for L1 stablecoins is here

The demand for environment friendly cash markets is so excessive that not even the inflation price at 8.5% is diminishing it. That’s by how a lot the greenback misplaced its buying energy... Read more »

Bitcoin derivatives metrics reflect traders’ neutral sentiment, but anything can happen

Bitcoin’s (BTC) final each day shut above $45,000 was 66 days in the past, however extra importantly, the present $39,300 stage was first seen on Jan. 7, 2021. The 13 months of... Read more »

Bitcoin bulls aim to capture $45K leading into Friday’s $890M BTC options expiry

Bitcoin (BTC) bulls flipped the desk on March 4’s choices expiry after a 14% rally on Feb. 28. Holding the value above $43,000 confirms a decoupling from conventional markets. As an example,... Read more »