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JPMorgan and Wells Fargo buy over $880K in Bitcoin ETFs
Two major American banks, Wells Fargo and JP Morgan, disclosed their investments in spot Bitcoin ETFs. Wells Fargo reported owning 2,245 shares of Grayscale Bitcoin Trust (GBTC) worth $121,208...
Binance to come under three-year monitoring
Tough times are ahead for Binance. The world’s largest cryptocurrency exchange will come under the scrutiny of US regulatory authorities within the next three years. The US Department of Justice...
OPEC revises its evaluation criteria for global oil demand
Market participants in the commodity sector will have to deal with changes in monthly reports provided by OPEC. In the meantime, OPEC is preparing for significant changes in its monthly...
Dogecoin Price Could Rally, RSI Points at Bullish DOGE Momentum, but Will MACD Validate This?
Key Takeaways Dogecoin’s RSI and price both broke out from their resistance trend lines. DOGE has performed worse than other memecoins such as PEPE and FLOKI. What are the signs...
Bitcoin Price Reaches $66,300 Resistance But Will BTC Break it?
Key Takeaways Bitcoin recovers to reach its previous resistance at $66,300. Negative Bitcoin Netflow hints there might be a bullish sentiment around the coin. The market is calm, but there...
Floki DAO Passes Proposal To Burn 15 Billion Tokens — What’s The Outlook for FLOKI Price?
Key Takeaways Floki DAO approved the burning of 15.25 billion FLOKI tokens. The token burn could, potentially, increase FLOKI’s market value. FLOKI’s price recovery could signal new bullish phase...
Bonk Price Prediction: Bullish Reversal Pattern Signals Upside Potential of 22%
Bonk Price Prediction: The Solana-based memecoin Bonk has recently rebounded from $0.0000213 support amid the renewed recovery sentiment in the crypto market. This second reversal within three weeks accentuates...
Coinbase Upgraded to Neutral From Underperform at Bank of America on Positive Crypto Market Dynamics
Bank of America raised Coinbase to neutral from underperform and boosted its price target to $217 from $110. The current macro backdrop has been positive for crypto market cap growth...