Amid the gains, crypto trading expert Ali Martinez has warned that XRP could be indicating ‘a sell signal’ on its chart based on the TD (Tom Demark) Sequential. In his technical analysis on December 27, Martinez noted that investors should also anticipate a bearish formation for XRP, an indicator of a possible correction. Notably, the TD Sequential metric highlights a selected asset’s precise moment of trend exhaustion and price reversal....

Notably, a new stablecoin called USDD (USDD), a cryptocurrency issued by the TRON DAO Reserve, has been called into question by Stephen Findseisen, a.k.a. Coffeezilla. Indeed, the YouTuber explained in his video published on June 24 about a potential Ponzi scheme with the newly issued stablecoin. As the USDD’s performance remains consistently lower than the $1 peg, there has been discussion over the investors’ potential exposure to risk. Following the loss of the dollar peg on June 13, USDD saw a significant decline, reaching a low of $0....

Speaking during CNBC’s Squawk Box show, Novogratz said the entry of more institutions into the crypto sector will be a catalyst for growth. He further acknowledges that the sector is still in the infancy stage. His sentiments come after bitcoin attained a new all-time high of above $64,800 on April 13, 2021, while maintaining the above $1 trillion market cap. According to Novogratz, with a cumulative market capitalization of about $2 trillion, the cryptocurrency sector growth will soon account for a significant share of the global wealth....

According to the latest data compiled by Finbold, the top three cryptocurrencies by market capitalization account for 68.73% of the total cryptocurrency market, which as of October 20, 2021, is $2,535,779,511,594 ($2.53 trillion), as per CoinMarketCap.com data. Surprisingly, just 0.02% of all 12,917 coins control almost 70% of the total cryptocurrency market. It is worth mentioning that Bitcoin now has the largest 47.6% share of the $2.53 trillion market cap....

The knowledge that markets will enter a recession at some point opens up a puzzling question: why do lenders stop lending money during this time? The common default answer is “it’s too risky” or “no one knows how long it will take to recover”. This isn’t the case as is attested by economists or market experts. One can simply look at history and see how long an average recovery takes, with Statista stating that the average recovery for recessions saw the S&P gain 32% back after one year and 42% after two years....

The overall spending by leading cryptocurrency firms has dropped by over 90% affecting both digital and TV ads, The Wall Street Journal reported on June 20. Significant investments in marketing by the firms emerged in November last year after Bitcoin attained an all-time high of almost $68,000, with spending mainly geared towards pushing the crypto space into the mainstream alongside hiring celebrities as brand ambassadors. The adverts peaked during this year’s Super Bowl despite the market showing signs of corrections....

According to The State of Consumer Banking & Payments report published on January 25, 2022, by Morning Consult, most American adults at 24% owned cryptocurrencies as of 2021. The figure was slightly higher than 23% of Americans who own certificates of deposit. Notably, a certificate of deposit refers to ​​a savings account holding a fixed amount of money for a specified period. Elsewhere, most of the respondents at 31% owned brokerage accounts while 14% held a Robo-adviser investment account....

On November 26, after a market correction that many are referring to as the “Black Friday sale for crypto,” ADA entered the key buy zone predicted by the expert. Interestingly, this is the first time the cryptocurrency has returned to this level since September, before the coin’s spectacular ascent. The purchase zone at $1.54 was reached on Friday morning after Cardano fell below the support level at $1.79. With that stated, van de Poppe anticipates Cardano to resume its climb over the critical $2 barrier after finding support around this price....

Analysts remain bullish based on the demand for the iPhone 12 that moves towards the top of the 5G smartphone market within months of its launch. There is also optimism that the phone’s sales in 2021 and 2022 will continue to peak amid the 5G buzz. Historically, Apple has presented a buying opportunity below $120 per share. Currently, AAPL stock is still moving in an upward channel. After the latest trading session on Friday, the stock price is facing a breakout....

The information about the cryptocurrency’s advance to the leading position on the whale trading leaderboard was tweeted by the crypto analytics platform WhaleStats on March 21: Presently, APE ranks the fourth most purchased token in the top 10, as per the platform with an average purchase amount of $41,833. Finbold earlier reported on the ERC-20 governance and utility token within the APE ecosystem that was launched on March 17 and already got listed on major crypto exchanges like Coinbase and Binance, sparking the immense interest of the crypto community....

After Bitcoin’s rally, Kitco News analyst Jim Wyckoff on November 23 stated that the recent short-term bullish trend is part of Bitcoin bargain hunting, with bears maintaining a technical advantage. Bitcoin pierce analysis Indeed, Bitcoin dropped to a two-year low, trading at $15,600 on November 22, but buyers’ activity boosted the asset after traders emerged from the sidelines. By the time of publishing, Bitcoin was trading at $16,434, gaining 1% in the last 24 hours....

Introduction Coinbase was co-founded in 2012 by former Airbnb engineer Brian Armstrong and former Goldman Sachs trader Fred Ehrsam. The two now serve as the CEO and board director, respectively. When the San Francisco-based crypto exchange was launched, the blockchain landscape was less crowded, and competition from other platforms was minimal. Close to a decade later and the crypto scene has shifted massively. Bitcoin has grown to become a trillion-dollar asset and a dominant topic of conversation in finance-related meetups....

Meanwhile, the ISM manufacturing index is expected to be released today, August 1, with expectations of the lowest reading since May 2020. The likely prolonged slump in the U.S. manufacturing sector may indicate that business investments and consumer spending will slow down. Further, job gains and wage growth slowed down with some sideways movement is expected to be reported. Amid the challenges that keep coming for the markets in 2022, Mohamed El-Erian, President of Queen’s College of the Cambridge Univerisity, tweeted on July 31, a snapshot of asset performance year-to-date (YTD) compared with the previous two years....

Speaking to Kitco news, Soloway suggested that a breakout of $75,00 to $77,000 is possible for Bitcoin if it sustains trading above $67,000 for at least two weeks. According to Soloway, highs do not mean that investors will pump in money because they are cautious about jumping in for any asset class. He stated that for any highs, there is a possibility of a corresponding price correction, and Bitcoin might potentially be affected....

While both Bitcoin volumes and open interest are soaring, the top cryptocurrency is witnessing a historical surge in its price value. On Wednesday, November 25, the asset crossed the $19,000 mark. Data by Tradingview.com shows that the asset at one point traded at $19,400. This is the highest Bitcoin price in three years after it hit an all-time of $20,000 in December 2017. The rise in open interest might indicate that money is currently flowing in the market....

The cryptocurrency hit $46,735 on Wednesday before sliding back below $45,000 on Thursday — still up by more than 50% from plunging below $30,000 in late July, according to CoinMarketCap‘s statistics. At the time of publication, the world’s number one flagship digital asset is trading at $46,119 up 1.74% in the last 24 hours and 13% in the previous week. In particular, short-term Bitcoin investors have taken advantage of rebound rallies during declines to achieve intermediate profits....

Notably, the flagship digital asset could be on track to post its highest weekly increase since October 3 of last year. The largest cryptocurrency measured by market capitalization saw its value increase by more than 13% over the last week; if this trend continues, it would be the largest rise over such a time period since 2021. Currently, Bitcoin is trading at $21,590, up 5.32% in the last 24 hours and with a total market worth of $412 billion, according to CoinMarketCap data....

As the Canadian government ramps up its efforts to derail the flow of funds to the demonstrators, the Ontario Superior Court of Justice sent Nunchuk a self-custodial Bitcoin wallet a Mareva Injunction, ordering it to freeze and disclose information about the assets involved in the Freedom Convoy 2022 campaign. In an official response to the Ontario Superior Court of Justice, Nunchuk replied that it is a “self-custodial, collaborative multi-sig Bitcoin wallet” and that it is a “software provider, not a custodial financial intermediary....

Indeed, traders and investors who use the app to trade favorite digital assets on Bitpanda, such as fractional stocks, crypto, and commodities, may now add BNB to their portfolio, according to bitpanda.com. BNB is one of the world’s top cryptocurrencies by market cap and has regularly set records. Currently, the digital asset is the fourth largest globally, with a market cap of $49,572,395,378. Binance Coin is Binance’s ecosystem token; the firm moved BNB currency to its own Binance Chain in April 2019 after being released as an ERC20 token during an ICO in June 2017....

Specifically, Anto Paroian, the CEO and Executive Director at the crypto hedge fund ARK36 agreed with finance minister Nirmala Sithamaran that regulating crypto should be a globally coordinated effort, but he isn’t sure that India is the best country to steer it, according to his comments shared with Finbold on November 2. Paroian acknowledged, investors and crypto businesses would benefit from more consistent rules, as they would open them up to more customers and markets, and cryptos do require “some degree of unification of their legal status and a consistent regulatory approach across jurisdictions” to become a universal financial asset....