The cryptocurrency market is abuzz with excitement as top crypto analysts predict substantial gains for Hipposol upon its listing. As the $HIPPOS Token Presale draws to a close, traders and investors are keenly eyeing this new memecoin on the Solana blockchain, anticipating significant returns. Hipposol has quickly emerged as a rising star on Solana, with…
Bitcoin Price Surges to $71k: A New All-Time High Soon? Current Market Situation Bitcoin’s price has recently surged to around $71k, causing excitement in the cryptocurrency community. The price is currently steady at $71k. Over the past 5, 30, and 50-day periods, its average price has stayed within a stable range. This recent surge has…
Fhenix Raises $15M & Launches Helium Testnet, Enabling Confidential Smart Contracts on Layer 2 A Big Win for Fhenix TLDR Fhenix, an Ethereum Layer 2 network focused on data confidentiality, has raised $15 million in a Series A funding round led by Hack VC, bringing its total funding to $22 million. Fhenix has launched its…
Funding rate volatility shows localized trading imbalances despite market stability Understanding the Funding Rate for Perpetual Futures The funding rate for perpetual futures serves as a proxy for market sentiment and shows the balance between long and short positions. Traders are required to pay a funding rate at set intervals, typically every eight hours, to…
GBPCAD Short Term Forecast Update and Follow Up Recap of Previous Forecast Hi Traders! On April 23rd, 2024 I shared a post on our blog titled “GBPCAD Short Term Forecast And Technical Analysis”. In that post, we discussed the potential trade setup for GBPCAD and provided a detailed technical analysis. Today, let’s take a look…
Israeli Prime Minister Benjamin Netanyahu’s Congress Address: Fact or Fiction? Mounting Pressure to Agree to Ceasefire with Hamas Israeli Prime Minister Benjamin Netanyahu’s office on Tuesday denied American media reports that he will address the US Congress on June 13, amid mounting pressure to agree to a ceasefire with Hamas. Netanyahu’s office told Israeli media…
A Double-Edged Sword For Altcoins The much-anticipated launch of a spot Ethereum ETF has analysts divided about its impact on altcoins, meme coins, and competing Layer-1 (L1) blockchains. The potential influx of new investors drawn by the funds could lead to a “rising tide lifting all boats” scenario, according to analysts. Established altcoins with strong…
Binance to Limit Non-Compliant Stablecoins in EU Ahead of MiCA Regulations The Scoop on Binance’s Latest Move So, let’s talk about the latest buzz in the crypto world – Binance’s plan to limit certain stablecoins in the European Union. If you’re wondering what’s up with that, well, it’s all in the name of complying with…
