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Dogecoin’s reversal potential: Critical factors you shouldn’t miss
5.12.2023
Dogecoin was an instant success when it was launched in December 2013 as a spoof coin based on the “Doge” meme featuring a Shiba Inu dog. Markus Billy and Jackson Palmer, the initial founders, hoped to make the trade of cryptos enjoyable and simpler than Bitcoin. Although Dogecoin is based...
CTO report unveils unbelievable comeback of Yen bulls, Surprising Dollar bets boost EUR/USD in a remarkable reversal
30.11.2023
The latest CTO study revealed formerly unseen market insights, revealing a stunning change in the mechanics of currency trading. Contrary to popular belief, Yen Bulls unexpectedly emerged as the front-runners. These unexpected dollar bets changed market sentiment, and the EUR/USD trading...
Sam Altman to Return Back to OpenAI: What’s Going On?
22.11.2023
Source: Pixabay Sam Altman, the ousted OpenAI founder, will return back to run the company as the CEO under a new board. In a bizarre reversal drama, the co-founder of the leading generative artificial intelligence startup will rejoin the company, days after he was pushed out of it. Per a post on...
Bitcoin Price Prediction as BTC Price Reverses on Anticipation That BlackRock To Apply for Spot Ethereum ETF – Here Are the Key Levels to Watch
9.11.2023
Bitcoin (BTC) Chart / Source: TradingView While it continues to trade roughly 1% higher on the day, Bitcoin (BTC) has seen an abrupt reversal back from the new year-to-date highs it hit close to $38,000 and was last trading just above $36,000. Traders put the abrupt reversal down to reports that...
Bitcoin Price Prediction as BTC Bounces from Recent Bottom – Is a Trend Reversal Near?
14.10.2023
Bitcoin, the flagship cryptocurrency, seems to be showing signs of resilience. After its recent price plummet, BTC has managed to bounce off from its bottom, trading today at $26,919 – a slight uptick of 0.53% in the last 24 hours.
This brings the overall live market cap of Bitcoin to a robust...
Bitcoin Price Prediction as US Core Inflation Data is Announced – Is a Bullish Reversal Imminent?
12.10.2023
In light of the recent US core inflation data, the crypto community is eagerly discussing the potential trajectory of Bitcoin (BTC/USD) for October 12.
As recent US inflation data outstrips forecasts, the financial realm is abuzz with speculation and predictions.
Particularly in...
Stanford University Vows to Return $5.5M FTX Donations; Funds Initially Allocated for Pandemic Prevention
20.9.2023
In the wake of a lawsuit targeting the parents of Sam Bankman-Fried, Stanford University’s spokesperson has announced intentions to give back the millions garnered from FTX and its affiliates. Records indicate that a whopping $5.5 million in gifts to Stanford traces back to the FTX empire....
JPMorgan Analysts: Crypto Bear Market on the Brink of Conclusion
26.8.2023
A study of CME Group’s bitcoin futures and open interest indicates the crypto bear market may be approaching its end, according to JPMorgan analysts led by Nikolaos Panigirtzoglou. The bank’s market experts suggest that there’s “limited downside for crypto markets over...
Dogecoin moves slightly: Will DOGE see a trend reversal?
25.8.2023
If you have been keeping an eye on the crypto market, you probably know that Dogecoin (DOGE) has been quite volatile these days. As a meme coin, it began the journey and suddenly got fame and attention due to the support of Elon Musk. After a downtrend, DOGE is showing signs of trend reversal. What...
Can Cardano whales stop ADA price from falling 20%?
8.8.2023
The number of Cardano's richest investors holding ADA has surged to its highest level in almost a year
Cardano price action sparks trend reversal; investors expect massive profit from DigiToads
31.7.2023
In the world of cryptocurrencies, Cardano (ADA) has been a focal point for enthusiasts, showcasing a rollercoaster of price movements. Amidst a series of ups and downs, ADA’s value recently witnessed an impressive 48% rally after dipping to $0.221 last month. This resurgence was partly fueled...
Blackrock’s Bitcoin ETF Application Update, Warnings of Possible Reversal in XRP Ruling, and More — Week in Review
23.7.2023
Financial megalith Blackrock’s bitcoin exchange-traded fund (ETF) application has now been accepted by the U.S. Securities and Exchange Commission, and added to the regulator’s docket. In related news, a former official from the SEC has said the recent ruling on XRP from the SEC...
Former SEC Official Warns of Reversal in SEC v Ripple Ruling on XRP — Says ‘the Decision Resides on Shaky Ground’
17.7.2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned that the ruling on the SEC v. Ripple case “resides on shaky ground” and will likely be reversed. “The Ripple decision grants to the institutional investor full SEC protection...
Can Bitcoin repeat a 2017-like rally as dollar correlation reverses?
5.7.2023
The Dollar Index disconnect from Bitcoin does not necessarily mean that BTC price is about to experience a big rally, historic data suggests
Cryptocurrency in China: Central Bank Shake-Up Dims Hopes for Policy Reversal
4.7.2023
Hopes that China’s anti-crypto stance could soon change have been crushed by the appointment of a known crypto-critic as the Communist Party’s top official at the People’s Bank of China (PBoC).
According to a recent Wall Street Journal report, the Party’s new appointee to the Chinese central bank...
Binance Abandons Planned Delisting of Some Privacy Coins in EU Markets
29.6.2023
Cryptocurrency exchange Binance has reconsidered a decision to delist some privacy tokens in several European markets. The leading coin trading platform will continue to offer trading in these digital assets after revising their classification to comply with EU regulations. Binance to Continue...
Ethereum trend reversal points to $1950 and trading with this AI crypto algo could give you an edge
26.6.2023
Trends and patterns are crucial indicators for profitable crypto trading, and the in-thing knows how to spot trend reversals. Spotting uptrends, downtrends, and where they begin or end is a task many traders execute by closely monitoring graphs. Ethereum depicts signs of a trend reversal point...
Ethereum network upgrade and uptick in Arbitrum active users could trigger an ARB price reversal
16.6.2023
Positive Ethereum and Arbitrum network developments and the eventual improvement in crypto investor sentiment could lend a boost to ARB price
Bitcoin bulls’ desire for a trend reversal could be obliterated by this week’s $565M options expiry
8.3.2023
Significant headwinds continue to batter BTC price, and this week's options expiry is unlikely to provide any relief
World’s Worst Performing Currency, the Cedi, Reverses Gains — Economist Steve Hanke Says Ghana Inflation Now Over 140%
10.11.2022
Just days after registering marginal gains against the U.S. dollar, the Ghanaian currency — the cedi — slipped to C14:$1 versus the U.S. dollar on the foreign exchange parallel market on Nov. 7. The cedi’s reversal is said to have dented the currency’s recovery prospects. On the other...