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Digital currency markets have been tumultuous during the past month as bitcoin shed 15.43% and ethereum dropped 17.49% against the U.S. dollar. Moreover, crypto spot volumes are down 18.95% lower than the month prior, and both futures and options volumes were down in April as well. Lower than average trade volumes typically suggest overall interest … Read more
Bitcoin’s inability to hold above $40,000 has traders now targeting extreme lows in the $25,000 zone, a move that would be absolutely deadly for most altcoins. Go to Source Powered by WPeMatico
Yes, Elon Musk’s Twitter acquisition is one of them. Go to Source Powered by WPeMatico
“Bitcoin Jesus” Roger Ver has made a comeback to Twitter and says Dogecoin is a top contender for the world’s dominant cryptocurrency. Go to Source Powered by WPeMatico
22 days ago, Bitcoin.com News wrote about a Coin Insider trends study that combed through Google Trends data in the United States. According to the report, dogecoin was the most Googled cryptocurrency in the country. Another study — published by askgamblers.com — has covered similar data, but concentrated on the U.K.’s and Europe’s Google searches. … Read more
BTC and select altcoins could be gearing up for an oversold move, but traders beware, it’s likely to be a dead cat bounce. Go to Source Powered by WPeMatico
Elon Musk buying Twitter for $44 billion boosts Dogecoin by 25% in the last 24 hours, but selloff risks persist. Go to Source Powered by WPeMatico
The top meme tokens by market capitalization saw a significant jump on Monday after being fueled by dogecoin’s recent price rise. Crypto meme coins like shiba inu, dogelon mars, and floki inu saw 2-13% gains over the last 24 hours. The entire meme token economy is worth $35.8 billion, up 9.4% today. Meme Token Assets … Read more
On Monday, Twitter announced that Elon Musk has officially acquired the social media platform for $54.20 per share in a transaction valued at $44 billion. After the transaction completes, Twitter will transition to a private company. Musk Acquires Social Media Platform Twitter — Aims to Enhance Free Speech and Unlock Twitter’s Potential Tesla’s Elon Musk … Read more
Bitcoin and select altcoins are attempting a recovery, but the most likely outcome of any breakout is strong selling at higher levels. Go to Source Powered by WPeMatico
