Ethereum is currently priced at $3,374, with intraday fluctuations ranging from $3,253 to $3,395. Boasting a market capitalization of $407 billion and a 24-hour trade volume of $11.49 billion, ETH demonstrates significant market activity. Ethereum The hourly chart for ethereum (ETH) depicts a sharp decline followed by a steady recovery. After hitting a low of…
The Securities and Exchange Commission (SEC) finally approved spot ether ETFs, which started trading on July 23rd, 2024. This was a significant milestone for the cryptocurrency industry that builds upon the earlier success of spot bitcoin ETFs. The move has spurred increased interest and optimism in the market, reflecting the broader acceptance and integration of…
Tequila, Canada, July 29th, 2024, Chainwire Tequila Token ($TEQ) is set to launch on the Solana blockchain, introducing a new community-focused experience inspired by the culture and spirit of tequila. Tequila Token aims to provide an engaging and rewarding environment for its participants. Key Features of Tequila Token Influencer Collaborations: Tequila Token has established partnerships…
The value of Ether (ETH) has been on the rise lately, and so has Ethereum’s open interest. While this signals bullish sentiment from traders, it also indicates impending volatility and calls for caution in the market. According to CryptoQuant analyst Burak Kesmeci, Ethereum’s open interest data has increased by almost $1.5 billion in the past…
On July 29, 2024, bitcoin continues its bullish trend, demonstrating significant strength across multiple time frames. As of today, bitcoin is trading at $69,456 with a 24-hour price range between $67,618 and $69,842. Key technical indicators suggest that bitcoin’s upward momentum is likely to persist. Bitcoin Bitcoin’s 1-hour chart indicates a steady uptrend with prices…
Although Ripple’s bullish momentum may have temporarily slowed down, recent price action hints that this might be about to change. Nevertheless, it’s important to take a look at a few technical indicators to try and understand whether a correction is brewing or if XRP is on the verge of its next impulsive rally. XRP Analysis…
Cantor Fitzgerald, a billionaire asset management fund, recently announced its plans to provide leveraging services for Bitcoin investors. This venture will operate as a separate entity, commencing its operations with a capital of $2 billion. The capital will be replenished in tranches of $2 billion to cater to the needs of Bitcoin holders. This information…
The price action is bullish and market sentiment is optimistic. Key Support levels: $0.54 Key Resistance levels: $0.68 1. Bulls in Control Sellers had several opportunities to make a stand, but they didn’t show up. Instead, XRP has been consolidating around 60 cents and appears keen to continue higher to challenge the resistance at 68…
[PRESS RELEASE – Tequila, Canada, July 29th, 2024] Tequila Token ($TEQ) is set to launch on the Solana blockchain, introducing a new community-focused experience inspired by the culture and spirit of tequila. Tequila Token aims to provide an engaging and rewarding environment for its participants. Key Features of Tequila Token Influencer Collaborations: Tequila Token has…
Justin Sun, founder of Tron, called for the restoration of the bitcoin emoji on X. Sun stated that the bitcoin emoji had become tradition, and that, as former U.S. president Donald Trump had declared, the original cryptocurrency was poised to surpass gold. “We humbly request restoring this tradition and are willing to accommodate any requirements,”…