DOGE, the largest meme cryptocurrency by market cap, has witnessed a notable downturn this week amid Bitcoin’s post-halving correction. The Dogecoin falling for five consecutive days tumbled, the price from $0.164 high to $0.146 registering an 11.17% loss. However, the asset price currently retesting crucial monthly support of the triangle pattern indicates a possibility of The post Dogecoin Buyers Eyes Key Triangle Pattern for Next Price Move appeared first on CoinGape .
Bitcoin Price Analysis: Bitcoin, the largest cryptocurrency market cap, witnessed notable downturn pressure this week, tumbling its value from $67000 to $62845 to register 6.3%. This selling pressure could be linked to the renewed geopolitical tension in the Middle East and the recent negative outflow in BTC ETFs. However, the falling price is heading to The post Bitcoin Price Analysis: Will $BTC Correction Dip Below $60K Support? appeared first on CoinGape .
Following a cryptocurrency market crash and the recent Bitcoin halving, investors are keen to understand how digital assets such as Solana (SOL) and Ethena (ENA) are performing to navigate the volatile crypto market. This article explores the market dynamics of SOL and ENA, providing an in-depth analysis to help investors decide whether to purchase, sell, The post SOL vs ENA: BUY, SELL OR HODL? appeared first on CoinGape .
Some regulatory concerns have compelled zkSNACKs to restrict United States customers’ access to its platform. Samourai Wallet Crackdown Possibly Triggered zkSNACKs zkSNACKs, the company behind the privacy-boosting Bitcoin wallet Wasabi Wallet, started blocking residents and citizens of the U.S. from accessing its platforms. This group of people cannot visit zkSNACKs website to download and use The post ZKSNACKS Bans US Customers Over “Regulation Concerns” appeared first on CoinGape .
Optimism Price Prediction: A majority of major cryptocurrencies have been trading sideways since the completion of the fourth Bitcoin halving on April 19th. Along with the BTC price wavering around $63000, the market participants see no firm initiation from bulls or bears. However, the layer 2 tokens of the Optimism blockchain, OP, have displayed strong The post Optimism Price Forecast: Is $OP Ready to Hit $4? appeared first on CoinGape .
In a decisive move, Zksnacks announced on Saturday that it will block all U.S. residents and citizens from accessing its bitcoin mixer, Wasabi Wallet. This policy change comes as U.S. authorities intensify their crackdown on unregulated crypto activities, spotlighting the recent indictment of Samourai Wallet founders. Wasabi Wallet Withdraws from U.S. Market to Avoid Regulatory
Swiss National Bank remains skeptical about Bitcoin as a reserve. Investment campaigns in BTC for currency reserves are ongoing. Continue Reading: Swiss National Bank’s Stance on Bitcoin
The bullish predictions for the XRP price are back, even with the bulls struggling to push the crypto on a price surge. EGRAG, a cryptocurrency expert, has made one of these positive forecasts, which is that there will be a price spike of tremendous magnitude. According to the analyst’s recent post on social media, XRP could reach the $4 price level over the long term. Crypto Analyst Predicts 700% Bullish XRP Price Action XRP has experienced a small decline in value over the past few days as the entire crypto market consolidates in price action. XRP’s price movement this year has largely left many of its fervent enthusiasts feeling disappointed, particularly considering the fact that it is yet to reach the $1 mark as predicted by many analysts. Related Reading: Brace For Price Impact: Dogecoin Whales Move Massive 456 Million DOGE To Exchanges Data from Coinmarketcap shows XRP now finds itself bouncing around at the $0.51 price mark after retesting the $0.435 on April 13. However, according to EGRAG, this is poised to change soon. EGRAG, known for this very bullish stance on XRP, recently noted in his analysis that the current XRP price movement mimics the 2021 move which saw it breaking as high as $1.8. According to his analysis, EGRAG divided the price outlook into two sections blue and yellow, each depicting mirror images of 2021 price movement. #XRP Imitating 2021 – Move: 🔵 Blue Section: The current trajectory suggests a possible reach of $1.4 by June-July, a key target. The price range between ($1.2 – $1.8) is a plausible target. 🟡 Yellow Section: Aiming for $4 is feasible if we follow a similar path to 2021.… pic.twitter.com/BMUJSbb5GQ — EGRAG CRYPTO (@egragcrypto) April 25, 2024 The blue section is more of a narrow price trajectory which suggests that XRP could reach $1.4 by June or July, with a price range between $1.2 to $1.8. Meanwhile, the yellow section is a more bullish price trajectory. According to the analyst, XRP could reach the $4 price level by June or July if it follows the yellow section of 2021’s movement. Interestingly, a surge to the $4 price level would put the price of XRP at a new all-time high. What’s Next For XRP? EGRAG is one of the many crypto analysts who are still bullish on XRP’s price trajectory. His long-term price projection for XRP is $27, which he believes is still viable. At the time of writing, XRP is trading at $0.5148, down by 16.8% in the past 30 days. Related Reading: Crypto Analyst Predicts Massive Move For Bitcoin, What’s The Target? This means in order to reach $4 in July, the bulls will have to push the crypto on a 677% increase in less than three months. Although the volatile nature of cryptocurrencies suggests this price run is possible, current market dynamics point to modest XRP price gains at best. On the other hand, on-chain metrics have revealed that a bullish sentiment might be returning to XRP. Notably, the amount of XRP wallets holding at least 1 million coins has been surging recently, which could be a signal of a coming price surge. XRP at $0.51 | Source: XRPUSDT on Tradingview.com Featured image from Coinpedia, chart from Tradingview.com
Amid growing regulatory crackdowns in the United States, non-custodial Bitcoin lightning wallet Phoenix Wallet has revealed its plans to exit from both the Google Play Store and Apple App Stores. Phoenix Wallet US Exit is Imminent The removal will take effect from May 3rd, 2024 hence, U.S users are advised to move their assets from The post Phoenix Wallet Unveils US App Store Delisting Date, What Happened? appeared first on CoinGape .
The Shiba Inu development team has unveiled plans for a significant hard fork of Shibarium, its Ethereum-based layer-2 scaling solution. Scheduled to launch on May 2nd, 2024, this upgrade promises to unlock new functionalities and enhance the overall user experience on Shibarium. Enhanced Scalability and User Experience The Shibarium hard fork prioritizes addressing community concerns The post Shiba Inu (SHIB) Team Schedules Big Shibarium Hard Fork. Here’s when appeared first on Times Tabloid - Latest Cryptocurrency News, Bitcoin (BTC) News, Ethereum (ETH) News, Shiba Inu (SHIB) News, Ripple's XRP News .