$2.4 Billion Options Expire Today: Will Bitcoin and Ether See Post-Expiry Bounce or Bearish Plunge?
With $2.4 billion worth of Bitcoin (BTC) and Ether (ETH) options contracts set to expire today, May 3rd, the crypto…
Category: Market Analysis
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Shiba Inu (SHIB) Eyes 294% Surge Amidst Market Downturn: Analyst Points to Bull Flag Pattern
Despite a broader market downturn that saw Bitcoin tumble below $58,000, top crypto analyst Ali Martinez has identified a potential…
Over 1.7 Billion LUNC Burned: Binance Retains Top Burner Position for Terra Classic
Binance, a leading cryptocurrency exchange, has reaffirmed its dedication to the Terra Classic (LUNC) ecosystem by burning over 1.7 billion…
Jito Claims Top Spot as Largest Solana Protocol with $1.4 Billion TVL
Jito, a liquid staking and MEV infrastructure project on Solana, has cemented its position as the largest protocol within the…
Runes Boom Fuels Bitcoin Network Congestion, Ushering in a “Bitcoin L2 Summer”
The recent surge in popularity of Runes, a new Bitcoin token standard for creating fungible tokens, has caused a significant…
Friend.tech’s Controversial Airdrop: Non-Transferable Tokens and a Potential Cash Grab?
Decentralized social media platform Friend.tech is gearing up for its v2 launch and airdrop on May 3rd, but a leaked…
XRP Clings to $0.50 Support as Downtrend Continues: Japan Partnership Offers Glimpse of Hope
Ripple (XRP) managed to hold above the crucial $0.50 support level on Wednesday, despite facing a downward trend that has…
Fed Holds Rates Steady, Bitcoin Bounces as Rate Cut Hopes Fade
The Federal Open Market Committee (FOMC) delivered a widely anticipated decision today, maintaining the benchmark federal funds rate at 5.25-5.50%.…
Why Shiba Inu (SHIB) Dipped 20%: Bitcoin Halving Hype Fizzles as Macro Factors Take Hold
Shiba Inu (SHIB) has experienced a disappointing price run since the highly anticipated Bitcoin halving, dropping nearly 20% in the…
Is the Bull Run Over? Bitcoin Suffers Deepest Retracement (-23%) Since November 2022 as ETF Outflows Intensify
Bitcoin’s post-halving rally has hit a snag, experiencing its deepest retracement since November 2022, dropping a concerning 23%. Analysts point…