Markets

Tron price is holding gains above the $0.1560 zone against the US Dollar. TRX is outperforming Bitcoin and could start a fresh increase above $0.1600. Tron is stable and holding gains above $0.1560 against the US dollar. The price is trading below $0.1580 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.1585 on the hourly chart of the TRX/USD pair (data source from Kraken). The pair could continue to climb higher…

The upcoming U.S. election holds significant potential to sway the cryptocurrency market. Economic policies and regulatory shifts are on the horizon, creating an atmosphere of uncertainty and opportunity. Experts have pinpointed six cryptocurrencies poised for notable movement. This article delves into these digital assets and explores what the future might hold for each. CYBRO Presale Achieves $3 Million Milestone: A One-in-a-Million Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $3…

Polkadot (DOT) is up over 1% in the past 24 hours, rebounding after dropping to a day low of $3.99 on Thursday. In the current session, DOT is up by 0.50% and trading around the $4.15 level. Almost all altcoins, including DOT, had given up their gains after a highly bearish week for markets following escalating tensions in the Middle East, which spread panic among investors. Polkadot (DOT) Rebounds From Support Level Polkadot (DOT) has spent almost all of the…

Crypto trading firm QCP Capital says the “shallow sell-off” in crypto markets following Iran’s recent attack on Israel indicates healthy market demand for risk-on assets. Crypto Market Remains Well Bid For Risk Assets Despite Iran launching over 180 missiles toward Israel yesterday, the sell-off in traditional financial (TradFi) assets was relatively muted. The S&P 500 closed 1% lower, while U.S. benchmark West Texas Intermediate (WTI) oil prices rose 2%. In contrast, the digital assets market was hit relatively harder, with…

Dubai, United Arab Emirates, October 3rd, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has further enhanced its MetaTrader 5 (MT5) platform with the introduction of indices trading. This new feature allows Bybit users access to global markets, including key benchmarks in Hong Kong and China. Bybit MT5 allows crypto investors to use USDT directly to trade traditional assets, such as commodities, forex and now major indices, in the format of CFDs. This innovation opens doors for native…

Polkadot (DOT) has been down almost 8% over the past 24 hours as escalating tensions in the Middle East have led to the crypto market crashing, with investors flocking to safe-haven assets.  DOT lost several key support levels and is currently trading around the $4.16 mark, with sellers remaining in control.  Polkadot (DOT) Facing A Difficult Week The current week for Polkadot (DOT) has been nothing short of a bloodbath, with the altcoin giving up the gains made last week…

PepeCoin (PEPE) continues to make headlines with a 34% price jump, but the real buzz in the crypto community is centered around a top trader who has reportedly acquired 952 million GoodEgg (GEGG) tokens during its presale. This move has fueled speculation that GEGG could be the next memecoin to deliver life-changing returns. As markets “print green” across the board, both PEPE and GEGG are positioning themselves as key contenders for 2024. PepeCoin’s Great Performance PepeCoin (PEPE) has once again…

Solana-based decentralized exchange (DEX) Mango Markets is in the midst of navigating legal challenges as it considers a $500,000 settlement with the United States Commodity Futures Trading Commission (CFTC).  The potential settlement follows a series of investigations launched after the exchange suffered a massive hack in 2022. CFTC Investigation and Settlement Proposal Mango Markets, a prominent DEX in the crypto space, is currently under investigation by the CFTC. According to a Sept. 22 legal proposal submitted to Mango DAO, the…

The long-awaited day has arrived: the US Federal Reserve (Fed) has announced its decision to cut interest rates, with significant implications for both Bitcoin (BTC) and the broader cryptocurrency market. Following the announcement, the markets reacted with notable volatility. Bullish Outlook For Bitcoin Just moments ago, the Fed disclosed its decision to reduce the federal funds rate by 0.50 percentage points (bps) for the first time in four years, marking a pivotal shift since the onset of the COVID-19 pandemic. …