FXGuys ($FXG) is attracting institutional investors with its unique trading model, focusing on altcoins like PEPE and TAO. This prop firm is establishing itself as a leading platform for institutional crypto trading.
DuragDoge (DURAG) emerges as a popular memecoin, potentially challenging Shiba Inu (SHIB) and Pepe (PEPE) in the market. With its rise in popularity and low price, investors are showing interest, possibly signaling a shift from the established memecoins.
Bitcoin has recently surged by 3.7% to around $84k after a period of losses. Yet, concerning news emerges as Bitcoin's long-term growth rate hits an all-time low, with the four-year compounded annual growth rate falling to just 8%, below 10% for the first time.
Dogecoin (DOGE) price, in a falling trend since December 2024, is showing signs of bottoming out. With support at $0.143, a potential rally is anticipated, buoyed by Elon Musk's backing.
The essay discusses how the US government's stance on cryptocurrency changed after Trump's election. It highlights the introduction of pro-crypto policies, such as the US Crypto Strategic Reserve, while also discussing associated risks.
Pi Network's core team holds 82.8 billion out of 100 billion Pi Coins, raising decentralization concerns due to their significant control over the network's future despite common in early-stage projects.
The CPI release tonight may reshape Fed rate expectations, with markets now anticipating four cuts this year. Volatility is high, with the VIX peaking at 28. The backwardation of the VIX term structure suggests a potential market stabilization.
The Shiba Inu coin, once a top performer, has seen an 85% value drop due to the lack of real-world value. Investors are now favoring tokens with utility like Rollblock, which gained $11 million in liquidity.
Bitcoin is facing bearish signals with weakening demand and slowing accumulation by whales. Spot Bitcoin ETFs have turned into net sellers. BTC price stands at $82,706, 32.39% below the all-time high. Recent drops indicate a 15.3% decrease in the past 30 days and 5.8% in the last seven days. The future trend is uncertain.
Cryptocurrency market saw a recovery as Bitcoin rose to $82,000 from a drop below $78,000, prompting a rally in major tokens like Ether, BNB, XRP, and Cardano's ADA.
Cryptocurrency market sees decline with Bitcoin hitting a 4-month low below $77,000 and Ethereum dropping over 13% in a week to $1,875, impacting major altcoins.
Altcoin market, spearheaded by XRP and Sui (SUI), saw slight gains before the U.S. CPI data release. Following recent crypto sell-offs, futures and spot markets have calmed, hinting at a potential market rebound.
Solana price rebounded above $110, preventing further decline. Bullish momentum remains strong, potential for continued upward pressure unless key support is broken.
The US market anticipates the 2025 second inflation report, expecting a decrease in headline and core inflation, a potential shift from the previous trend since July 2024.