The cryptocurrency market is facing one of its most significant corrections of the last few months. Bitcoin (BTC) has fallen to the $86,000 price level. The global crypto market cap has dipped 3.9% in the last 24 hours to $2.98 trillion. VeChain (VET) has also experienced a significant price dip in the market-wide correction. Also Read: Trump’s 25% EU Tariffs Cause Bitcoin to Tumble—How Will Crypto React? Source: CoinGecko VeChain Suffers Amid Market-Wide Chaos Source: Moneycontrol.com VET’s price is down 9.9% in the weekly charts, 14.8% in the 14-day charts, 35.4% in the monthly charts, and 40.2% over the previous…
Author: cryphedge
Unlike the rest of the market, the Shiba Inu (SHIB) ecosystem was seen kickstarting its recovery journey. After a challenging month of Febraury, the meme coin is all set to dive into a new chapter. Over the past 24 hours, SHIB saw an uptick of 2.23%. At the time of writing, the asset was trading at $0.00001477 far from its daily low of $0.00001377.Also Read: Trump’s 25% EU Tariffs Cause Bitcoin to Tumble—How Will Crypto React?Source: CoinMarketCapBut, the asset recorded a massive downtrend of 22% throughout the past month. SHIB was priced at a high of $0.00001964 and then went…
Litecoin is slowly becoming more popular among market participants ever since it displayed disparity with the other top cryptos. The price has been trying hard to break above the resistance that has been held for over a couple of years. Although multiple attempts have failed lately, the upcoming price action is expected to not only clear these levels but elevate the levels not seen since December 2021. One of the major reasons behind the surge is the speculation around the spot LTC ETF, which received an acknowledgement from the SEC. With this, the LTC price chart appears to be one of…
Gemini co-founder Cameron Winklevoss has urged the US Securities and Exchange Commission (SEC) to compensate the crypto exchange for its legal expenses and dismiss officials involved in its now-closed investigation.On Feb. 26, Winklevoss disclosed that the SEC had officially dropped its investigation into Gemini without filing charges.The exchange later confirmed this, noting that the decision came nearly two years after the inquiry began and almost a year after receiving a Wells Notice.The SEC’s decision aligns with its recent pattern of withdrawing cases against crypto firms. In the past week alone, the agency has abandoned investigations into OpenSea, Robinhood, and Uniswap…
As the crypto market continues to remain under the fear of another crash, Ethena is rising against the tide. With a price surge of 6.28% over the past 24 hours, the ENA price trend is gradually gaining momentum. The ENA token trades at a market price of $0.4302, while holding a market cap of $1.35 billion. As the 60th biggest crypto project in the market, the recent recovery hints at a potential rise of Ethena’s dominance in the market. Ethena Price Analysis Targets Wedge Breakout Rally In the daily chart, the ENA price trend reveals a declining trend. The bullish…
In the last 24 hours, the price of BNB attempted meet buyers’ demand as it surged toward $630; however, it faced selling pressure and declined. Now, buyers are now on an upward rally again as BNB price aims to regain the $630 level. Additionally, BNB’s trading volume has dropped by 2.89% in the past 24 hours, reaching $2.09 billion. Looking at the bigger picture, BNB’s price has been facing increasing volatility since the crash on February 3. Additionally, it lost buyers’ demand due to the recent $1.5 billion theft in Bybit. In the last 24 hours, its market cap has…
As the altcoin market follows a declining trend, Tron (TRX) is down by 4.56% over the past seven days. However, the altcoin is signaling a potential turnaround from the $0.22 support level. With an intraday recovery of 0.73%, the TRX price could hinge at a bullish reversal towards the $0.25 psychological mark. Is a bullish reversal for TRX even possible amid the broader market conditions? Tron Eyes Recovery Within Range Tron currently trades at a market price of $0.2291, with an intraday recovery of 0.80%. This marks the first green candle after three consecutive bearish days. During the downfall, the…
As Bitcoin crashes near the $86,000 mark, Ethereum has broken the $2,400 support level. Currently, ETH trades at a market price of $2,352 after a 6.40% drop last night. ETH price reveals a 0.80% intraday recovery, hinting at a bullish struggle to hold the $2,300 support level. Amid the broader market crash, will Ethereum survive above the $2,000 mark? Ethereum Nears Falling Channel Breakdown In the daily chart, the Ethereum price trend reveals a falling channel pattern. Currently, the ETH price has dropped to the local support trendline, close to the $2,300 support level. Ethereum Price Chart With the intraday recovery…
Pi Network market cap has catalyzed some more significant momentum across the cryptocurrency landscape, reaching an impressive value of $16 billion valuation. This digital asset has also effectively placed itself as a worthy contender within the blockchain technology ecosystem. At the same time, it also has been raising critical questions about its potential trajectory amid the latest market conditions.Also Read: Shiba Inu March 2025 Price PredictionWhat to Expect from Pi Network’s Growth Amid Market UncertaintySource: Bitperfect.peThrough several key technical indicators, Pi Network’s remarkable ascent demonstrates substantial market validation. Trading volume also surpassed $2.3 billion, while showcasing robust investor participation in…
Amsterdam, The Netherlands, February 27th, 2025, Chainwire Dusk, NPEX, and Cordial Systems are partnering to develop a blockchain-powered stock exchange, setting a new standard for digital asset custody and institutional finance in Europe. NPEX, Dusk, and Cordial Systems: Pioneering Blockchain-Powered Trading NPEX, a licensed stock exchange operating a multilateral trading facility (MTF) in the Netherlands, is integrating with the Dusk blockchain to facilitate the issuance, trading, and tokenization of regulated financial instruments. This integration enables both primary and secondary market trading, unlocking new efficiencies and liquidity. Mark van der Plas, NPEX CEO shared “Working with Cordial Systems is great for…
