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Price analysis 3/17: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, PI
Bitcoin (BTC) remains resilient, maintaining an upward trend above $80,000 since March 11. This indicates a strong bullish sentiment among investors, who appear unperturbed by the prospect of a market correction. However, the inability to push beyond $86,000 suggests persistent selling pressure from bears, who continue to capitalize on price rallies. Recent data from CoinShares…
Continue Reading80% Surge for This Cryptocurrency After Binance Listing (Hint: It’s Not PI)
The Brief Spike in XUSD The cryptocurrency world saw a significant reaction this week following Binance’s announcement of the listing of StraitsX USD (XUSD) on March 19. This announcement triggered an impressive surge, with XUSD’s value skyrocketing by almost 80%, peaking at about $1.80. However, true to its nature as a stablecoin pegged 1:1 to…
Continue ReadingThe U.S. Deserves Better Crypto ETFs. Let’s Start With Solana
The United States is experiencing a significant shift in the regulatory landscape for digital assets. This transformation is underscored by recent developments, particularly with the emergence of an interesting trend: the rise of memecoins and their potential inclusion in new cryptocurrency exchange-traded funds (ETFs). In just over a month, the U.S. crypto market has evolved…
Continue ReadingMove is now primed to grow DeFi
The evolution of the Move programming language reflects a unique intersection of innovation and necessity within the cryptocurrency landscape, emerging from Meta’s ambitious, albeit troubled, Libra initiative. Originally conceived by the team at Facebook, Move was birthed out of a critical analysis of existing smart contract languages – namely Bitcoin Script and Ethereum’s various bytecode…
Continue ReadingBitMEX Announces a 345,000 USDT Prize Pool for New and Existing Traders to Win in March
BitMEX, a veteran in the crypto derivatives market, has just launched an impressive campaign featuring a prize pool of 345,000 USDT to engage new, existing, and returning traders throughout March 2025. This initiative seeks to celebrate the vibrancy of the crypto trading community, offering exciting opportunities for active participation. Campaign Highlights The campaign commenced on…
Continue ReadingRecession Concerns Stifle Bitcoin Recovery Prospects, Memecoins Buzz
Bitcoin (BTC) has stabilized around its 200-day moving average at approximately $84,000, following a dip below $77,000 that occurred early last week. This recovery has been spearheaded by interest in memecoins, layer-2 tokens, and gaming tokens, yet sustaining this momentum may prove difficult. The administration of President Donald Trump seems to possess a higher tolerance…
Continue ReadingUS recession, circular crypto economy
While the cryptocurrency market is experiencing substantial predictions for a bull cycle extending through the end of 2025, significant risks loom on the horizon. Analysts generally agree that while a continued upward trend for Bitcoin (BTC) appears likely, the threat of an economic recession in the United States, alongside the intricacies of cryptocurrency’s internal economy,…
Continue ReadingPi Network (PI) Sees 10% Daily Drop, Bitcoin (BTC) Volatile at $84K (Market Watch)
The recent weekend in cryptocurrency markets was anything but tranquil, marred by significant volatility, particularly around Bitcoin’s $84,000 mark, spurred by substantial short positions on Hyperliquid. The ripple effects influenced many altcoins, with notable price movements observed across various assets. ### BTC Experiences Turbulence The previous week was characterized by dramatic fluctuations in Bitcoin’s (BTC)…
Continue ReadingNot every AI agent needs its own cryptocurrency: CZ
Artificial intelligence (AI) agents are increasingly seen as pivotal in the evolving landscape of decentralized finance (DeFi). As the market shifts, prominent voices in the crypto sphere are advocating for a renewed focus on the intrinsic utility of these agents rather than merely launching new tokens to generate funds. Recent data from CoinMarketCap highlights a…
Continue ReadingHere’s When Dogecoin (DOGE) Can Skyrocket to $1.1: Analyst Explains
Dogecoin (DOGE) has recently stirred optimism among investors as analysts suggest the meme coin could witness a significant surge, possibly reaching $1.1 by early June. Currently trading at $0.1722, Dogecoin’s price action has begun to mirror patterns seen during the 2017 bull run, prompting renewed interest among traders. When DOGE? On March 17, crypto analyst…
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