May 2024 – Page 30 – Coins Cap News
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Can XRP Price Maintain Momentum? Key Levels to Watch in the Short Term

Xrp

XRP price is attempting a recovery wave from the $0.4865 support. The price could gain bullish momentum if it clears the $0.5120 resistance. XRP remained stable and started a recovery wave above $0.500. The price is now trading above $0.5050 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend…

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Bitcoin Will Be Set For New ATHs If It Breaks This Resistance: Analyst

Bitcoin News

An analyst has explained how Bitcoin could be positioned for new all-time highs (ATHs) if it can break through this on-chain resistance level. Bitcoin On-Chain Data Could Suggest This Level Holds Major Resistance In a new post on X, analyst Ali discussed Bitcoin’s current on-chain resistance. In on-chain analysis, the strength of support and resistance…

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Is The Crypto Winter Thawing? US Bitcoin ETFs Record First Inflows In Weeks – Coinshares

Cryptocurrency Market News

After experiencing outflows for four consecutive weeks, US spot Bitcoin exchange-traded funds (ETFs) have marked a notable shift in momentum, witnessing net inflows once again. According to recent digital asset investment products have seen inflows totaling $130 million for the first time in five weeks. This change suggests renewed investor interest in crypto-focused investment products,…

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Buy Or Sell Bitcoin? Quant Reveals What Leading Metric Says

Bitcoin News

A quant has explained what a potential leading Bitcoin indicator could say about what’s next for the cryptocurrency’s price. Bitcoin Coinbase Premium May Hold The Answer To Where BTC Goes Next In a CryptoQuant Quicktake post, an analyst has talked about the trend currently taking place in the Bitcoin Coinbase Premium. “We can use the…

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Are We Out Of The Woods? Analyst Bullish On Bitcoin’s 6-Figure Future

Bitcoin News

Bitcoin (BTC) began the month with the deepest retrace of the cycle, falling to the $56,000 support level. The retrace raised alarms for some crypto investors and market watchers, who feared the bull run had ended. Since then, the largest cryptocurrency by market capitalization has recovered crucial levels, and analysts have identified bullish patterns on…

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dYdX Trading Inc Founder Antonio Juliano Steps Down As CEO, Token Takes a Hit

Altcoin

Antonio Juliano, the founder of dYdX Trading Inc., has announced his decision to “step down” as Chief Executive Officer (CEO), citing a mix of “personal and professional reasons.” This move marks a significant change for the company behind the decentralized derivatives exchange dYdX. Juliano will transition to the roles of Chairman and President, with Ivo…

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Aptos Posts Triple-Digit Gains In Key Metrics, Yet APT Price Struggles At $8.40

Aptos Apt

According to a report by Messari, Layer 1 (L1) blockchain Aptos experienced substantial gains in key metrics during the first quarter (Q1) of the year. The growth was driven by the surge in Bitcoin prices to new record highs and increased capital inflow in the market.  However, Aptos’ native token, APT, has struggled with price…

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Bitcoin Long-Term Holders Accumulating Like In 2021: Is BTC Ready For A 15X?

Bitcoin News

Bitcoin is moving sideways, posting drab price action, forcing participation to taper. But amid this consolidation and even fear of more losses, one analyst has shared data suggesting that long-term holders are accumulating at spot rates.  Are We Back To 2021? Bitcoin Long-Term Holders Accumulating In a post on X, the analyst noted that this re-accumulating pace…

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