Forecasts & Analysis | Crypto
Altcoins Outperform Amid Buoyant Crypto Market Sentiment
Cryptocurrency markets rose across the board on Wednesday with altcoins leading the charge, a sign of strong risk appetite.
Bitcoin’s Rise Following Markets; Altcoins’ Progress
Bitcoin rose 1.4% on Tuesday, ending the day around $41,300 and remaining near that mark on Wednesday morning.
IMF Targets Cryptos in Latest Global Financial Stability Report
The IMF put crypto assets back in focus this week. After a push for a global regulatory framework, the IMF turned to focus on sanction evasion this week.
The SEC Scores a Minor Victory in the Ripple Case to Peg Back XRP
XRP trailed the broader crypto market on Tuesday. Judge Netburn denied a Ripple Lab motion on Tuesday by allowing further rebuttal depositions.
Short-term Bounce in BTC
Today Bitcoin continued to gain ground after hitting a low of $38,500 before making a dramatic recovery.
Is Bitcoin’s Counter-Trend Rally Done?
After three waves down and three waves back up, the question now is whether the corrective bounce is already over or if we can expect it to become more complex.
Weekly Waves 19 Apr: EUR/USD, Bitcoin, and USD/JPY
The EUR/USD monthly chart seems to be breaking below the critical support trend line (dotted green). What will this breakout indicate for the EUR/USD?
Bitcoin and ETH Smash Resistance, Rune Bulls Aim Big
Bitcoin price broke the $41,000 resistance, Ethereum’s ether climbed above $3,080, and RUNE’s rally could extend above $10 in the near term.
SEC Chair Gary Gensler Faces Lawmaker Scrutiny as Ripple Case Drags On
On Monday, U.S lawmakers sent SEC Chair Gary Gensler a letter raising concerns over recent rule changes that could place cryptos under SEC oversight.
Strong UST Demand Drives LUNA Outperformance
UST became the third largest stablecoin by market cap this week, with its ongoing demand supportive for LUNA.