Bitcoin’s (BTC) price has been in a downward trend following a recent surge to $72,000. A surprising 4% correction over the past few days has caught traders off guard, leading to speculation about the market’s next move. Recent Bitcoin Price Movements Bitcoin is currently down by 2.5%, surprising traders who were anticipating new all-time highs after a rally earlier in the week. Data f shows that leveraged long traders were particularly impacted, with the price dropping from $71,980 on May 21 to an intra-day low of $67,550. #Bitcoin is still following a similar path to 2016-2017. Once that 2021 ATH…

Pepe (PEPE), the Ethereum-based memecoin, recently marked a significant milestone by achieving a new all-time high of $0.00001422, showcasing a notable 27% surge over the past 24 hours. After hitting an all-time high yesterday, Pepe’s (PEPE) bullish momentum faltered, sending the price to an intra-day low of $0.00001256, where support was established. PEPE/USD 24-hour price chart (source: CoinMarketCap) Speculations around the potential approval of spot Ether ETFs in the United States primarily drive this uptrend. PEPE’s current trading volume and market sentiment suggest a robust engagement from traders, influenced by the optimistic market conditions surrounding Ethereum and its related assets.…

Shiba Inu (SHIB), a meme crypto, is gearing up for a massive rally, with analysis predicting a 117% surge in its price. This bullish outlook is backed by a confluence of technical indicators, whale activity, and a spike in the token burn rate. As of press time, Shiba Inu is trading at $0.0000255, which is up 5.15% in the last 24 hours and 8.60% over the last 7 days. Its market cap stands at over $15 billion. Impressively, the 24-hour trading volume has surged by 137% to $878 million. SHIB Price Chart: CoinMarketCap On May 20th, the number of SHIB…

As India progresses through the Lok Sabha General Elections of 2024, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) announced a closure today on May 20th. This decision aligns with the fifth voting phase occurring in Mumbai, which is also a part of the broader seven-phase election schedule. The city’s six constituencies see their polls on this day, marking a crucial step in the electoral process. The BSE and NSE closures are notable as they represent a momentary pause in the financial activity of India’s two largest stock exchanges. This is the second time this month that…

Bitcoin price analysis for today shows a subtle uptick in value as its price climbs back to $66,257.75, with a modest 24-hour increase of 0.12%. This slight rise comes amidst a backdrop of fluctuating market conditions and technical setups that suggest potential further gains. Specifically, Bitcoin has been oscillating around critical support and resistance points, with recent price action testing the upper limits of this range. Bitcoin (BTC) is currently priced at $66,257.75, showing a slight uptick of 0.12% in the last 24 hours. The trading volume over the past day has been substantial, totaling approximately $31.39 billion, reflecting active…

Amidst a backdrop of economic uncertainties and mixed signals from the financial markets, Bitcoin (BTC) is currently navigating through a challenging phase, with its price oscillating around $61,195.04. The cryptocurrency has experienced a slight uptick of 0.60% in the last 24 hours, according to real-time data. This modest increase comes after a period of relative stagnation, where Bitcoin struggled to break through major resistance levels, reflecting the broader market’s hesitation and the impact of external economic factors. The cryptocurrency market, particularly Bitcoin, has been highly sensitive to macroeconomic triggers, including statements from Federal Reserve officials and economic data releases. Recently,…

Comparative Analysis: India, Pakistan, and US Crypto Adoption Crypto adoption is steadily increasing worldwide as more individuals and businesses embrace digital currencies. Crypto adoption in Pakistan, which has grabbed its place in the top 10 most crypto-accommodating countries, sits at the 10th spot, whereas India is behind by a fair one point on the 11th rank. India, known for its quickly advancing tech industry and its tech-savvy populace, lags behind its neighbor Pakistan in the list of the most crypto-friendly countries. The ubiquity of Cryptocurrency has risen dramatically in the past few years, so much so that in 2023 alone,…

Explore these top 7 cryptocurrency gainers of May 08, 2024  In the volatile world of cryptocurrencies, where prices can swing dramatically within a matter of hours, identifying top gainers becomes an essential task for investors looking to capitalize on market momentum. On May 08, 2024, several cryptocurrencies surged ahead, outperforming others and attracting attention with their impressive gains. Let’s delve into the details of the top cryptocurrency gainers of the day, analyzing their price movements, trading volumes, and underlying factors driving their growth. THORChain (RUNE) Price: US$5.61 24h Change: 3.99% 24h Volume: US$347,022,809 THORChain (RUNE) emerged as the top gainer…

BTCC world trading competition (BWTC) 2024 About BTCC BTCC was Founded in the year 2011, BTCC is one of the cryptocurrency exchanges globally, to make cryptocurrency trading accessible and fit for everyone. BTCC is continually adapting and innovating to fulfill the needs of traders worldwide. Now BTCC exchange announces World Trading Competition (BWTC) 2024. This competition offers an extraordinary prize pool of 10 million USD. The aim behind this competition is to engage traders worldwide and underscores BTCC’s commitment to equalize and diversify in the cryptocurrency trading globe. The BTCC world trading competition 2024 is formatted into three main categories:…

ZKasino Crypto Fraud Case: Dutch Authorities Make Arrest Dutch authorities arrested a man suspected of being included in the trick encompassing the ZKasino online gambling platform. The Fiscal Information and Investigation Service (FIOD) and Dutch authorities arrested the 26-year-old on April 29, who is suspected of extortion, theft, and cash laundering. According to a May 3 report by FIOD, the Dutch authorities seized over 11.4 million euros ($12.2 million) worth of crypto, real domain, and extravagance cars. This marks the first arrest in the ZKasino crypto fraud case, in which speculators misplaced even the slightest $33 million of computerized resources.…