First Mover Asia: Crypto Prices Rise With Investors' Appetite for Risk
Good morning. Here’s what’s happening:Market moves: Bitcoin opened February higher; China’s crypto community remains active after all.Technician’s take: Sideways trading between $35K-$40K BTC could persist this week as long-term momentum fades.Catch the latest...
Solana rose more than 10% on the day as traders target a $120 resistance level
Solana’s price is bullish after finding support at $81. SOL/USD is presently trading at $108.5 The next resistance level is at $120 Solana’s price is currently forming a bullish trend, as we expect the existing consolidation to conclude with a break...
Microstrategy Buys 660 More Bitcoins —Total Holdings Rise to 125,051 BTC
Nasdaq-listed Microstrategy has bought 660 more bitcoins at an average price of $37,865 per coin, bringing the total crypto holdings of the company to 125,051 bitcoins. “Our strategy with bitcoin has been to buy and hold, so to the extent we have excess cash...
Cosmos (ATOM) shows signs of bullish reversal – What do other indicators show?
Cosmos (ATOM) has largely outperformed the entire crypto market. The coin did however come under serious selling pressure over the last few days. However, it seems from chart readings that signs of a bullish reversal are there. But what do other indicators say about...
FTX exchange is now a $32 billion company – How does it compare with other platforms
Despite the bearish sentiment in crypto over the last few weeks, there have been a few important moves behind the scenes. The FTX exchange is now a $32 billion company. This is after a new round of funding that puts the valuation of the exchange higher than ever...
Ripple (XRP) starts massive consolidation in price – Is a 20% upward surge in the cards?
Like many other major cryptocurrencies in the market, Ripple (XRP) is recovering. The token has in fact started to consolidate around a crucial support zone, making it a potential pick for an upward rally in the near term. But how will this happen? Some analysis here...
Crypto.com (CRO) bullish uptrend is now slowing down – How far can it fall?
Over the last few days or so, Crypto.com (CRO) has seen quite some uptrend, recovering sharply from the January lows. Although overall the broader crypto market is recovering, it seems like CRO is slowing. But how far can it actually fall? Here are some...
Dogecoin (DOGE) looks poised to surge 15% in the near term – Here is why
Meme coin Dogecoin (DOGE) has surprisingly shown a lack of volatility in recent days. Despite this, the coin is seeing some decent gains. In fact, we see the token rallying by at least 15% in the coming days. More on why this will happen below but first, here are some...
Bitcoin price closes in on $40K, but pro traders are still skeptical
The Bitcoin (BTC) daily price chart seems to be making a steady recovery pattern, but some concerning indicators are coming from derivatives markets. At the moment, the futures and options markets are showing a lack of confidence from Bitcoin pro traders, but...
PayPal Shares Slump as Revenue Growth Slows
Shares of PayPal (PYPL) fell more than 16% after the payments giant reported Q4 earnings that just missed analyst estimates and a slowdown in revenue growth.Total revenue rose 13% to $6.9 billion, in line with analysts’ estimates, according to FactSet, but...