Traders

The post Bittensor TAO Is Bullish Despite AI Crypto Wave, Traders Alert appeared first on Coinpedia Fintech News Despite the AI crypto marker surge Bittensor(TAO), the 4th largest AI coin by marketcap is struggling to rebound. TAO’s performance in a weekly chart is neutral but it is plummeted to 35.2% in a month frame.  TAO’s performance at the start of May was bullish with a 48% increase to a resistance of $487  in just 6 days. But the bulls couldn’t…

Coinbase is set to expand its offerings with the introduction of JUP, TNSR, and JTO perpetual futures. These new listings will cater to both cryptocurrency enthusiasts and institutional investors, offering a variety of order types for enhanced trading control. Coinbase International Exchange and its advanced platform will soon support perpetual futures for Jupiter (JUP), Tensor (TNSR), and Jito (JTO). This move is part of Coinbase’s strategic expansion to diversify its financial products and enhance the trading experience for its users.…

Bitcoin has been trending lower after failing to break above $66,000 in early May, deflating hopes of immediate price gains post-Halving. Taking to X, one analyst shared on-chain data that paints a more nuanced picture than a simple loss of confidence in recent weeks.  Bitcoin Open Interest Remains Low: Bullish? The analyst, pointing to CryptoQuant data, observes that leveraged traders on perpetual trading platforms like Binance appear to be closing their positions more than opening new ones. The analyst notes that the…

The CEO of MicroStrategy, Michael Saylor, recently critiqued Ethereum (ETH), Cardano (ADA) and Ripple (XRP) as he labeled them securities. This brought about a lot of talk among traders as they now look at safer options like Rollblock (RBLK). Analysts hint that this Stage 1 presale star could be the next $0.5 token in 2024 and one of the best cryptos to buy. Michael Saylor: Ethereum ETF Will Never Come One of the top crypto coins, Ethereum (ETH), has been…

Journalist and host Laura Shin interviewed crypto traders Ansem and Kel, known on X as blkoiz06 and Kelxyz, for her Unchained Podcast.  They discussed why memecoins had become the most profitable crypto trade this cycle and what the future might hold for the sector. Is There Value In A Memecoin? To begin with, Shin asked the traders whether there was substance in tokens based on memes, as it has been a big argument against them. To Ansem, people “think too…

The post Chainlink (LINK) Rejects $14.65 Resistance Traders On High Alert appeared first on Coinpedia Fintech News Chainlink(LINK) on Wednesday started red, with a price down to 4.26% LINK has formed a downward trajectory. Breaking one strong support at $14.2 and a crucial support at $14.17 downtrend continues to settle at $13.8, Currently.  Bulls are on alert as the price navigates to seek support between $12- $13.  The LINK/USDT 4-hour chart gives a bounceback outlook with strong strong support. The…

Coinbase won approval to offer cryptocurrency derivative trading to U.S. retail customers, fueling much hope and momentum to the $2.1 trillion cryptocurrency derivative market.  Coinbase’s approval arrived following a significant decline in derivative trading volume due to economic uncertainties, regulatory struggles, and a reduction in risk from high wealth accounts and retail traders.  Derivative trading, such as futures, options, and others, has dominated the cryptocurrency market since 2014 as investors snap at the opportunity to place bets with little investment…

TL;DR Binance recently expanded its Loan service to include new assets such as Holo (HOT) and Manta Network (MANTA), requiring users to update their app versions to place orders. The prices of these newly added tokens increased following the announcement, possibly driven by the broader recovery in the cryptocurrency market. The Latest Update The world’s largest cryptocurrency exchange launched another upgrade on its platform to offer additional services and respond to reigning market trends. Most recently, it added Holo (HOT), Jito (JTO), Manta…

Elon Musk-inspired meme coin Meme AI has dropped by as much as 30% in the last week, as crypto markets enter freefall. The decline comes as Bitcoin plunged below $60,000 hitting its lowest point since February. Both Shiba Inu and Dogecoin also experienced double-digit drops in recent days. The drop in Meme AI’s price comes after six consecutive days of downward pressure, pushing the token to its weakest leave since March 4. Despite this, a new meme coin called WienerAI…