The US economy and the cryptocurrency market are closely linked. Therefore, it is really important for crypto traders to be aware of all the economic developments in the US. The US market experienced a 1.21% increase the previous week. At one point in the week, the market slipped to a low of $6,284.37 when it closed, but was raised to $6,388.64. Over the same period, the crypto market fell by around 1.66%. This week is expected to be an eventful week for the US market. The important events that crypto traders should be aware of are:Major US economic indicators to…
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The MANTA price is up 7.7% daily, despite a weekly dip of 5.15%. A breakout from a long-term trendline signals a bullish reversal. A $0.47 target indicates 110% upside, with support at $0.22.Manta Network (MANTA) is showing a bullish turnaround despite the total cryptocurrency market moving sideways. MANTA has gone up by almost 7.7% in the past 24 hours and is now trading at $0.2448 at the time of writing. Notably, this is after the week’s decline of 5.15%, implying a potential early rebound. The trading volume for the last 24 hours increased by 55.35% to $13.73 million, and its…
VIRTUAL holds steady at $1.59 despite a 13.07% drop in trading volume. Analysts see bullish potential, with targets pointing toward $8.18 if a breakout is confirmed. Price predictions for 2025 vary, forecasting a range between $1.94 and $5.07.Virtuals Protocol token (VIRTUAL) is currently trading at $1.59 currently, a small gain of 0.17% in the past 24 hours. Trading volume is down considerably, down 13.07% to $92.18 million. In the past seven days, the coin remained stagnant but recorded a drop of 13.6% to highlight short-term fluctuation in the performance of the digital currency. Market observers are intently watching the movement…
Altlayer nears $0.045 as derivatives volume skyrockets over 500 percent. Bullish RSI and MACD patterns suggest strong upward momentum for ALT. Rising spot and futures volume signals breakout potential for Altlayer token. Altlayer (ALT) is rapidly approaching the key resistance level of $0.045. This happens after a 530% spike in derivatives volume. In addition, bullish technical indicators signal a potential breakout as momentum builds across both spot and futures markets. Altlayer Breaks Above Key VWAP and Fib Levels As the current price on the chart by TradingView shows, ALT price has posted a 3.96% growth over the last 24 hours.…
Bitcoin Zilla in the early 2010s held coins mined or acquired during the early stages of Bitcoin, and recently woke up to sell 80,000 BTC. Sale Processed by Galaxy Digital, I performed a transfer of 80,000 BTC (valued by $9 billion) on behalf of this client. “atshi-era” is described as an investor. Despite this large sales And the volatility that came after thatBitcoin is stable and subsequent price action shows that the Bulls are ready to absorb the sales shock. Related readings Bitcoin was soaked at $115,000 and the Bulls quickly bought a dip 9 Billion Bitcoin News The sale…
The cryptocurrency market is abuzz with news as Tether Gold (XAUT), a digital asset backed by physical gold, shows a significant uptick in its market capitalization. Recent trends suggest a strong positive outlook for XAUT, with projections indicating that its market cap might expand significantly by 2025. Rise in Market Cap Current data highlights that Tether Gold’s market cap has recently surged, leading to speculation about its potential performance in the next few years. This asset, which allows investors to hold gold in a digital format, promises lower overhead costs than traditional gold investments and provides a hedge against currency…
Real World Asset Tokens is no longer a side note for Crypto. They are becoming infrastructure layers for serious financial activities. This is not about meme pumps or artificial yield schemes. These projects have begun access to institutional grade opportunities for people with wallets, addressing real-world capital inefficiencies.These top three RWA tokens deserve attention this August by highlighting tokens such as centrifuges, Truefi, and Goldfinch from the crowd.Top 3 RWA TokensAs global capital hunts for yields, three RWA-focused protocols have recently led to strong technical moves, raising institutional interest behind the scenes.Centrifuge: Financing for not only crypto but real economyCentrifuges…
SPX6900 is currently trading at $2.04, marking a weekly gain of 3.24%. Analyst CryptoPulse sees a continued rise based on technical breakout patterns. Forecasts vary widely, with DigitalCoinPrice projecting a rise to $4.48 and Changelly estimating sub-cent values by 2025. SPX6900 (SPX) is currently trading at $2.04 with the stock having appreciated by 3.43% over the past 24 hours. Despite the stock appreciation with this trend, the trading volume declined to $62.74 million, down by 37.42%, indicating waning activity with the appreciation of price. In the past seven days, SPX appreciated modestly by 3.24%, indicating rising interest for the asset…
Pump.Fun (Pump) has recently faced a sharp decline driven primarily by investor withdrawals. The first altcoins that surged into a downward trajectory as many traders pull out. This bearish sentiment is likely to intensify, possibly leading to further price drops in the near future. Pump.Fun is facing decline The bollinger band on the pump is currently converging, signaling an imminent volatility explosion. This pattern often precedes major price transfers, but given the current market situation, it is a concern for pump holders. As the candlestick sits on the baseline, this suggests a possible reduction and sets a stage of additional…
In an unprecedented move within the realm of decentralized finance (DeFi), Divine Research has launched an innovative financial product offering $30,000 in unbacked crypto loans, facilitating wider access to blockchain capital for diverse applicants. This initiative is not only enhancing liquidity within the cryptocurrency sector but is also setting a precedent for how identity can be leveraged in blockchain transactions. Revolutionizing Crypto Lending Divine Research’s new offering diverges from typical crypto lending norms by removing the traditional collateral requirements usually necessary for loan approval. Instead, these $30,000 loans are issued based on a synthetic identity verification process powered by blockchain…