Weak sentiment dominates the cryptocurrency markets as traders await interest rate decisions from major central banks. The overall crypto market capitalization has seen a rise of less than half a percent over the last 24 hours. The stark disparity between digital currencies and precious metals has also impacted market sentiment negatively. The U.S. Federal Reserve … Read more
XRP price struggled to maintain its position above $1.950 and initiated a new downward trend, similar to Bitcoin and Ethereum. The price dipped beneath $1.920 and $1.90, signaling a move into a short-term bearish territory. The price even dipped below $1.850. A low was established at $1.810, and the price is currently consolidating its losses. … Read more
The ongoing divergence in price performance between precious metals and digital currencies persisted, even as global markets grappled with another day marked by geopolitical tensions and concerns over monetary policy. In the last 24 hours, Bitcoin has seen a decline of nearly one percent, while gold futures have experienced an increase of approximately a quarter … Read more
Cryptocurrencies reacted sharply to global trade tensions, experiencing a rebound following President Trump’s softened stance on trade tariffs during his speech at the World Economic Forum in Davos. Markets were on high alert for a potential escalation in trade tensions between the U.S. and Europe concerning Greenland, a situation that propelled gold to new heights. … Read more
Cryptocurrencies have seen a decline as global markets prepared for President Donald Trump’s upcoming address at the World Economic Forum in Davos on Wednesday afternoon. The speech holds importance as global markets struggle with the chaos instigated by the President’s tariff threats related to Greenland. The inverse correlation between cryptocurrencies and gold persisted on Wednesday … Read more
The cryptocurrency market has seen a downturn, contrasting with gold prices that have surged to a new all-time high once more. Geopolitical tensions surrounding Greenland and the looming threat of trade tariffs have sparked a surge in safe haven demand, resulting in a notable increase in gold prices. Gold Futures for February delivery are currently … Read more
After last week’s close, the bitcoin price action appeared quite bearish; however, the bulls successfully upheld the bullish structure near the $90,000 level, leading to a push up to the $98,000 resistance. The price pulled back from that point and concluded the week at $93,638. Anticipate the bulls making another attempt at the $98,000 resistance … Read more
Cryptocurrencies experienced a significant decline as risk assets weakened and demand for safe havens increased following US President Donald Trump’s announcement of new tariffs on eight European nations. Bitcoin experienced a decline of up to 3.6 percent, dropping below $92,000 on Monday morning, with other cryptocurrencies facing even sharper losses. Ether, the second-largest digital asset, … Read more
XRP’s long-term investment case is gaining fresh momentum as Ripple collaborates with UC Berkeley to advance institutional-grade development on the XRP Ledger. This initiative is transitioning real-world use cases from academic research to live deployment, signaling an expansion in enterprise adoption. On January 16, Ripple announced an expanded collaboration with the University of California, Berkeley, … Read more
Cryptocurrencies experienced a downturn as markets processed the latest updates regarding regulatory matters, particularly after the legislative momentum of the CLARITY Act came to a halt. The resurgence of geopolitical tensions has sparked a safe haven demand for cryptocurrencies, effectively curbing potential losses. The overall crypto market capitalization has seen a decline of over 1 … Read more