Bitcoin’s (BTC) ability to serve as a hedge against the U.S. dollar is becoming less certain, with data indicating the crypto‘s movement is aligning with the currency. Specifically, Bitcoin’s correlation with the U.S. Dollar Index (DXY) has surged to 0.25, the highest among major macro assets, marking an increase from May’s 0.15, according to a … Read more
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits … Read more
XRP might be looking at a massive price rally if spot XRP ETFs pull in even a slice of the capital that has poured into Bitcoin ETF products. Most recently, Bloomberg ETF analysts Eric Balchunas and James Seyffart confirmed that they have updated the chances of an XRP ETF approval to 95%. This has further … Read more
BNB has fallen to $635, weathering a choppy market as traders brace for the Maxwell hard fork and rising geopolitical risk in the Middle East. The token’s resilience comes as daily transactions on the BNB Chain have surged from 8 million to 17.6 million since mid-May, according to DeFiLlama data. Scheduled for June 30, the … Read more
Key takeaway: SOL (SOL) projects a bearish outlook on the daily chart after forming a bearish engulfing, and if the trend holds, SOL price could fall to $120. On the 1-day time frame, SOL shows a head-and-shoulders pattern, which is a bearish reversal signal. A breakdown below its $140 neckline level, confirmed by a volume … Read more
The NFT market has seen a significant downturn this week, with sales volume dropping 18.43% to $116.9 million, signaling a shift in market momentum. Despite the decline in sales, participation remains robust as NFT buyers hold steady and sellers increase, reflecting a complex market dynamic. According to COINOTAG, Immutable continues to lead the blockchain NFT … Read more
While bitcoin experienced a choppy ride on Friday, Circle Internet Group’s stock, CRCL, leapt another 22% during the day’s session. In just the last fifteen days—or ten trading sessions on the New York Stock Exchange (NYSE)—CRCL has skyrocketed 674% in value. CRCL Rockets 674% in 10 Trading Sessions Kicking off at $31 per share on … Read more
Avalanche (AVAX) has captured attention for its high-performance blockchain aimed at addressing scalability issues. However, a new player, Ruvi AI (RUVI), is shaking up the market with bold predictions of a 13,300% ROI. By combining blockchain technology with artificial intelligence (AI), Ruvi AI is carving out a unique position and grabbing the attention of crypto … Read more
Gold trades flat near $3,369, on track for a weekly loss of nearly 1.90%. Trump backs off immediate Iran action, boosting risk sentiment and denting safe-haven demand. Fed officials split on rate outlook; Waller eyes July cut, Barkin stays cautious. Gold price trades flat on Friday and is poised to end the week with a … Read more
GBP/JPY up 0.43%, on track for weekly gain over 0.40% amid resilient buyer momentum. Pair nears June 17 high at 196.83; close above 197.00 could open path to 198.00. RSI remains bullish; downside risks emerge below 195.29 Tenkan-sen support. The GBP/JPY recovers and rallies for the second straight day, is up 0.43%, trades at 196.59, … Read more