Dogecoin’s Market-Value-to-Realised-Value (MVRV) Z-Score is printing just 0.28 – a level normally associated with capitulation, not euphoria. Yet the price of the ninth-largest cryptocurrency keeps carving a succession of higher highs and higher lows on the weekly chart, trading near $0.17 with a market capitalisation of roughly $26 billion in Monday’s late-New-York session. The juxtaposition…
The United States’ crypto-friendly approach has given the EU a shot in the arm as it mulls an update to 2023’s MiCA regulations. The United States’ crypto-friendly approach has given the EU a shot in the arm as it mulls an update to 2023’s MiCA regulations. , Business Decrypt
The Bitcoin and broader crypto markets are facing another decline as Middle East tensions rise. This follows President Trump’s abrupt departure from the annual G7 meeting in Canada and a warning aimed at Tehran. Despite this, a shift in market behavior has been detected on Binance, which points to a potential return of bullish sentiment,…
As Bitcoin (BTC) and the broader cryptocurrency market show tentative signs of recovery following the most recent correction, a crypto analyst has made a bold statement suggesting that the market may have already reached its peak. BladeDeFi, in a recent post on X (formerly Twitter), warned followers that a significant downturn could be on the…
Traders on decentralized betting platform Polymarket have scaled back expectations for U.S. military action against Iran amid reports that President Donald Trump’s team is looking to mend fences. As of writing, probability that U.S. will strike Iran by June 30 stood at 46%, down sharply from the overnight high of 66.9%, according to trading in…
Ripple Labs and the US Securities and Exchange Commission (SEC) have jointly asked the Second Circuit Court to extend the suspension of the agency’s appeal. According to a June 16 court filing, both parties are pushing to delay the appeal to avoid further litigation following their previous settlement. This request follows an earlier effort to…
Early-stage project Bitcoin Pepe has continued to attract strong investor interest. The Bitcoin Pepe presale has raised over $14.6 million. The BPEP token is currently priced at $0.0416. The team behind the ambitious project is expected to make a listing announcement later today. Bitcoin edged higher on Tuesday even as broader cryptocurrency markets showed mixed…
XRP traders say it has the potential to rally to $14 if a similar technical setup as in 2017 plays out, but a bull pennant breakout will be needed soon. XRP traders say it has the potential to rally to $14 if a similar technical setup as in 2017 plays out, but a bull pennant…
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The latest developments on the Middle East front resulted in enhanced volatility in the cryptocurrency market once again, as bitcoin was stopped at $109,000, pushed south by a few grand, and is trying to recover now. The altcoins are mostly in the red today, aside from WBT, which has extended its massive run. BTC’s Up…
