Dogecoin Celebrates 10 Years with a Strong Performance
DOGE/USD completed ten years since its launch this month, hitting new 2023 highs, amidst broader crypto boost on ETF hopes and optimism for Fed cuts that weigh on the greenback
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DOGE/USD completed ten years since its launch this month, hitting new 2023 highs, amidst broader crypto boost on ETF hopes and optimism for Fed cuts that weigh on the greenback
Bitcoin has had an astounding start to December. The cryptocurrency is already up around 17% and it is only the first week of the month. However, there is a question of whether it has run too hard too soon. Bitcoin’s daily RSI is severely overbought at 90.10 – a reading of 80 or above is considered as overbought. Given this reading, there may be a near-term price ceiling for the…
BTC/USD roars past 40K for the first time this year, helped by optimism for spot crypto ETFs and rate cuts by the Fed
The altcoin is heading towards a profitable month on spot ETF optimism and greenback weakness, but faces pressure today after rejecting the 2023 highs
Bitcoin declined yesterday by 4.57% following the shock news that Binance Holding’s CEO Changpeng Zhao pled guilty to anti-money-laundering violations and will step down from the crypto exchange. Binance, which is owned by Zhao, has also pled guilty and will pay $4.3 billion in fines, with Zhao agreeing to pay $50 million. Moreover, Zhao may face an 18-month prison term as federal guidelines.
ETH/USD surged to new 2023 highs after an SEC filing pointed to Balckrock’s plans to offer an Ethereum exchange-traded fund (ETF)
BTC/USD consolidates last month’s gains at critical resistance, despite the Fed’s dovish tilt, while markets also digest the quarterly results of Coinbase
On a longer-term basis, bitcoin has reestablished its uptrend. It has charted a higher trough followed by a higher peak on its monthly chart.
BTC/USD soars as the industry is hopeful of ETFs launch, while the greenback slides along with bond yields, ahead of key events
ETH/USD takes advantage of the greenback’s lackluster performance, despite rising bond yields, to advance to key technical levels
Bitcoin is well off its high for the week (red arrow). It reached around $30,000 before pulling back and is currently trading near $28,450. However, the weekly chart does have positive aspects to it.
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