Market

In a detailed post on X, crypto analyst Jamie Coutts outlined various indicators he monitors to gauge when the market might pick up bullish momentum. Crypto Market Might Be In The Final Stage Of The Bearish Phase Coutts, Chief Crypto Analyst at the financial knowledge and education platform RealVision, noted that the cryptocurrency market has gradually declined. The top 200 equal-weight index (EWI) shows that the leading 200 cryptocurrencies by market cap have experienced a 55% pullback over the past…

As the broader cryptocurrency market experiences notable gains following the Federal Reserve’s rate cuts, Bitcoin (BTC) has reached a price of $63,670 on Thursday, marking substantial bullish momentum since late August. This surge has sparked increased interest from both retail traders and institutional players, leading to diverse positioning within the market. Divergence In Trader Strategies According to a recent post on social media site X (formerly Twitter) by technical analyst InspoCrypto, the recent price action on the Binance BTC/USDT perpetual…

In a crowded Telegram crypto gaming market, many games fall short, leaving players uncertain about their rewards and value. However, Nordom aims to break this pattern. With its transparent and rewarding gameplay, Nordom sets a new benchmark. In this article, CMO Nika Tsotniashvili reveals how Nordom is overcoming common gaming pitfalls to deliver a standout experience and real value in a cluttered space. But first, let’s start from the beginning and share some insights about Nordom exchange in general.  Nika:…

Zürich, Switzerland, September 19th, 2024, Chainwire SCRYPT, a Swiss-licensed leader in institutional-grade crypto asset services, today announces a strategic partnership with OpenTrade, an institutional-grade platform for lending and yield products. The partnership will launch a product that allows SCRYPT clients to seamlessly invest USDC and EURC into tokenized U.S. Treasury Bills and E.U. Government Bonds. The US Tokenized Treasuries industry has increased in value by 90% from $1.13 billion at the end of Q1 to $2.15 billion so far this…

The Federal Reserve announced the first rate cut since early 2020, with  50 basis points. More rate cuts are on the table going into the end of this year, with another 75 bps anticipated. Bitcoin has risen to $62,000 on the news, with bulls looking to take advantage of increasing liquidity. A new easing cycle Not just the U.S., but the world, have entered a new economic cycle of easing, designed to cope with faltering economies, and the next roll-over…

As of September 18, the broader crypto market has risen a percent as major cryptocurrencies like Bitcoin and Ethereum featured their return to pre-September levels. This bullishness bled to the altcoin market, prompting many tokens to follow the trend. Nervos (CKB) is one of those tokens that experienced astonishing growth with a 120% uptick, outperforming the broader market.  Although CKB’s gains in the short term have been great, the long-term implications of such price movements are still important for investors…

After a recent dip in the crypto market, investors are on the lookout for the next big opportunities. Certain coins are showing promise and could be poised for significant growth. This article unveils three top contenders that might see a strong rebound in the upcoming bull market, sparking future gains. Discover which coins are set to rise. XRP Despite facing some resistance, XRP is showing promising signs for a rebound. Currently trading between $0.53 and $0.61, there’s a clear tug-of-war…

Los Angeles, California, September 18th, 2024, Chainwire Funding will help over 1 million users build healthier habits through incentive rewards and personal AI coaching CUDIS, the company behind the first Web3 and AI-powered wellness ring, has raised $5 million in a funding round led by Draper Associates, with participation from Skybridge, Penrose, SNZ, Mozaik, NGC, Foresight Ventures, OGBC, Monke Ventures, DraperDragon, Block Patch, and Trinito. Notable individual investors include Sean Carey (Helium & Borderless), Kalin Stoyanchev (Render Network), Andrew Chatham…

A market expert, who accurately predicted Ethereum's peak at $4,800, is now turning heads with another prediction: an altcoin currently priced below $0.10 could skyrocket to $15 by the second quarter of 2025. This comes at a time when investors are looking for the next big opportunity in the crypto market. The altcoin, Rexas Finance (RXS), has already gained attention due to its real-world asset tokenization platform. Rexas is designed to revolutionize how people interact with real estate, gold, and…