Cardano Price Analysis: ADA, the native cryptocurrency of the Cardano ecosystem has stalled its correction trend at the support of $0.428. The demand pressure at this floor is evidenced by the multiple lower-price rejection candles in the daily chart observed within three weeks. Will Bitcoin price attempt to regain $60000, bolster ADA price to offer The post Cardano Price Analysis: Bottom Formation at $0.4 Sees $ADA to Rally 15% appeared first on CoinGape .
On-chain analyst Willy Woo believes Bitcoin (BTC) is on track to increase by over 1,500% based on one main driver. Woo tells his 1.1 million followers on the social media platform X that increasing adoption of Bitcoin could drive the top-performing digital asset to $1 million within 11 years. According to Woo, there is a The post Bitcoin on Track To Explode by Over 1,500%, According to On-Chain Analyst Willy Woo – Here’s the Timeline appeared first on The Daily Hodl .
In an unprecedented turn of events, while the global digital asset ETF market bled over the past week, Hong Kong stole the spotlight, noting remarkable inflows. Outpacing the U.S. Spot Bitcoin ETF market, the largest market with 63,487 AUM (Assets under management) in weekly flows, the Asian crypto ETF market appears to be gradually carving The post Hong Kong ETF: HK Surpasses US Noting $300M Inflows appeared first on CoinGape .
People are once again pulling their money out of the US banking system. The latest data from the Federal Reserve Economic Data (FRED) system shows total deposits in all commercial banks fell $133.163 billion in seven days, from $17.580 trillion on April 10th to $17.446 trillion on April 17th. The new numbers have erased gains that The post $133,163,900,000 in Deposits Exit US Banking System in One Week As Former Fed President Warns Lenders Are Vulnerable appeared first on The Daily Hodl .
Before you reading,Don't miss coins like PEPE again! Click here to find new PEPEs! The US Department of Justice (DOJ) has recently taken actions that have sparked a debate on the future of financial privacy. The crackdown on Wasabi Wallet... Read the full article for FREE at COINOTAG!
The U.S. market was eagerly waiting for the U.S. job report for further cues on the economy. Notably, the U.S. Federal Reserve has weighed on the investors’ sentiment lately, keeping the interest rate unchanged at their last FOMC meeting. In addition, the mixed economic data also suggested a potential hawkish stance from the Federal Reserve with their policy rate stance in The post Breaking: Bitcoin Soars Past 61K As Job Data Indicates Dovish Stance From Fed appeared first on CoinGape .
As the crypto market is having a slow week, only a limited number of cryptos have made significant gains this week. Though the market is days away from a proper recovery, Bitcoin has already gained a decent hike, bringing it back to the $61 range, which is a good sign. So, before the market recovers, let’s analyze The post 3 Cryptos Under $1 To Buy For Short-Term Gains appeared first on CoinGape .
The recent actions of the US Department of Justice (DOJ) have ignited a fierce debate on the future of financial privacy. The crackdown on Wasabi Wallet’s service has raised significant concerns among privacy advocates and crypto users alike, spotlighting the tension between regulatory actions and the right to private digital transactions. Related Reading: Crypto Witch-Hunt:
Solana shows resilience despite market volatility. Advanced algorithms predict a significant price rise by May 2024. Continue Reading: Solana’s Price Surge: What Drives It?
MSTR still trades much higher than the value of the Bitcoin behind it, but one analyst believes fundamentals aren’t important for investors right now.