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Analyst Warns Of Bitcoin Breakdown Below Key Psychological Level, Says $40,000 Is Possible

Bitcoin

Bitcoin is at a crossroads after getting rejected at $62,000. Unsurprisingly, this has led to clashing sentiment in the market, with the bulls and bears engaged in an intense tug of war. But while bulls remains vocal, the bears have come out of the woodwork, leading to speculations that the price might actually be going…

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BREAKING: 21Shares Joins Race To Launch Spot Solana ETF

Breaking News Ticker

In a significant development for the cryptocurrency industry, investment firm 21Shares filed an S-1 registration form for a Spot Solana ETF with the US Securities and Exchange Commission (SEC) on Friday.  The 21Shares application follows a similar filing by Bitcoin ETF issuer and asset manager VanEck on Thursday, indicating a growing interest in Solana as…

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Solana Poised For Epic Reversal? Analyst Spots Bullish Pattern Echoing 2022 Breakout

Cryptocurrency Market News

Solana (SOL), a cryptocurrency renowned for its fast transaction speeds, might be on the verge of a significant comeback. Technical analysts are drawing parallels between the current price chart and a previous pattern that preceded a substantial price surge in 2022, sparking optimism for a bullish reversal. Solana: Chart Pattern Suggests Possible Rebound The buzz…

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Spot Solana ETFs: Analyst Says Don’t Get Too Excited About The Market Recovery

Solana

Crypto analyst Ali Martinez has warned the crypto community not to get too excited about the recent market recovery trigger by Spot Solana ETFs filing. Bitcoin (BTC) and the broader crypto market witnessed a relief bounce following recent bullish developments, but the analyst highlighted what could send the market into a downtrend again.   Why The…

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Don’t Sweat The Dip! Ethereum 15% Price Slump Could Spark Epic Comeback — Analyst

Cryptocurrency Market News

Ethereum, the second-largest cryptocurrency by market capitalization, has experienced a significant decline in value recently. Over the past month, its price has dropped by 15%, leading to concerns among investors about the future of this digital asset. The current situation raises questions about whether this downturn signals a prolonged decline or if it is merely…

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BlackRock Global Allocation Fund Reveals Major Bitcoin ETF Stake With 43,000 Shares

Bitcoin News

In a recent filing with the US Securities and Exchange Commission (SEC), the BlackRock Global Allocation Fund disclosed its ownership of 43,000 shares of the asset manager’s Bitcoin ETF, iShares Bitcoin Trust, as of April 30.  This announcement follows two previous filings by BlackRock on May 28, which disclosed the fund’s exposure to Bitcoin in…

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Bitcoin Bulls Beware: ‘Bears Are Still In Control,’ Says Top Analyst – Here’s Why

Bitcoin News

Despite a recent uplift in Bitcoin market price, which saw the crypto momentarily breach the $62,000 mark, the widespread consensus among crypto analysts suggests that this increase is temporary and that the bearish pressure is far from over. Particularly, prominent crypto analyst Willy Woo voiced earlier that the minor surge was primarily a “technical” response…

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Chainlink (LINK) To Hit New Highs? Analysts Predict $25 Target

Cryptocurrency Market News

Chainlink (LINK) , the oracle network powering the decentralized world, has been stirring up excitement after a recent surge past a critical resistance level. Analysts are now predicting a potential price explosion, with some even charting a course for the moon. However, lurking beneath the bullish sentiment are shadowy movements by large investors, injecting a…

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Kaching! Kaspa (KAS) Climbs 18% As Bitcoin Mining Heavyweight Goes All In

Cryptocurrency Market News

The world of cryptocurrency witnessed a surge in Kaspa (KAS), with its price jumping nearly 18% in the last week. This sudden bullish trend coincides with a major announcement from industry leader Marathon Digital (MARA), stirring excitement through the crypto ecosystem. Marathon Makes A Move Into The Kaspaverse On Wednesday, June 26th, Marathon Digital, a…

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Solana Trading Plunges 93% In 24 Hours: Where Did The $100 Billion Go?

Cryptocurrency Market News

Solana has been thrown into a tailspin after a shocking revelation: its daily stablecoin volume may have been significantly inflated. Reports indicate a staggering drop – from a dizzying $75-100 billion to a mere $7 billion in a 24-hour period. This dramatic shift has unsettled the crypto community, raising serious questions about the legitimacy of…

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