RNDR appears ready to surpass the upper boundary of an ascending triangle, extending its recent uptrend. With a 10% increase in price over the past 48 hours, should the ongoing broader market momentum persist, bullish forces could propel RNDR above this resistance threshold. Render Could Run Into Some Issues A reversal in Render’s double-digit price … Read more
Over the last 24 hours, the Ethereum-based memecoin Pepe (PEPE) surged by 27%, reaching a new all-time high. This surge is attributed to speculation surrounding the potential approval of spot Ether (ETH) exchange-traded funds (ETFs) in the United States. Crypto trader Matthew Hyland highlighted PEPE as a promising memecoin play for the ETH ETF, while … Read more
BlackRock’s Bitcoin ETF experienced a significant increase in investment on Tuesday, receiving $290 million in inflows, which accounted for 95% of the total inflow into US spot Bitcoin ETFs. In total, these ETFs attracted over $300 million in net inflow. This surge marks a reversal from a six-week period of minimal inflows for BlackRock’s ETF, … Read more
Bitcoin’s recent surge of 14% over the past week to $69,887 has led traders to believe it could signify a significant market pump, with expectations of another correction not emerging until it reaches $90,000. According to a pseudonymous crypto trader known as “Roman,” this surge is considered a genuine market pump, supported by both fundamentals … Read more
The market capitalization of NEAR is nearing its annual peak, indicating substantial interest and investment in the token. There’s a notable resistance zone hovering around the $9 billion threshold, which has been tested on numerous occasions, indicating robust selling pressure at this level. Analysis of the NEAR Protocol Market Cap The $9 billion major obstacle, … Read more
Democratic Party members of the United States House of Representatives have received an email urging them not to vote against two upcoming pro-crypto bills, although they are strongly encouraged to do so. The email, sent by Democrat Party leaders and obtained by Politico, revealed that there was no directive for members to vote against the … Read more
In the past 24 hours, Bitcoin has continued its recent upward trend, reaching its highest price in over a month at just over $67,400. Ethereum has also joined the rally, breaking through the significant resistance level of $3,000 and surging above $3,100. Bitcoin faced significant challenges at the beginning of May, dropping to a multi-month … Read more
The open interest in futures contracts for the dog-themed memecoin Floki Inu (FLOKI) has surged to its highest level in the past 30 days. Coinglass data reveals that it currently stands at $19 million, marking a significant 111% increase since the start of May. The term “Futures open interest” refers to the total number of … Read more
A well-known cryptocurrency analyst has recently outlined an optimistic scenario for XRP, the native token of the XRP Ledger, suggesting a substantial price increase may be on the horizon. Examining the XRP/USD chart on a monthly timeframe sourced from Binance, the analysis highlights a notable “bull flag” pattern. Shared on the microblogging platform X (formerly … Read more
Cardano (ADA) experienced a downward trend on the daily chart, although it saw a 7.4% bounce from its lows on Wednesday. Technical analysis indicates that market bulls face a challenging task in reversing this trend. Bitcoin (BTC) also saw an 8% increase from its Wednesday lows, driving a rally across the market. However, despite its … Read more