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Crypto Price Analysis: The cryptocurrency market experienced a recent downturn following the release of inflation data that surpassed expectations, heightening concerns among investors about the future of the global economy. According to CNBC, the core personal consumption expenditures (PCE) price index, which excludes food and energy, rose by 2.8% in March on a year-over-year basis, The post Crypto Price Prediction 28/4: $BTC Eyes $60,000 For Potential Recovery appeared first on CoinGape .

Crypto Price Prediction 28/4: $BTC Eyes $60,000 For Potential Recovery

After an overwhelming response to the launch of the spot Bitcoin ETFs in the United States this January, issuers are now eyeing the Australian market. Van Eck Associates Corp. and BetaShares Holdings Pty have lined up for the listing of spot Bitcoin ETFs in Australia. Australia to Approve Spot Bitcoin ETFs According to sources familiar The post Spot Bitcoin ETF Issuers Eyes Australian Market After US Success appeared first on CoinGape .

Spot Bitcoin ETF Issuers Eyes Australian Market After US Success

Ethereum price rallied above the $3,300 level. ETH tested the $3,350 resistance and recently started a sharp decline below $3,300. Ethereum rallied toward $3,350 before the bears appeared again. The price is trading below $3,220 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,250 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below the $3,165 support. Ethereum Price Trims Gains Ethereum price started a strong increase above the $3,200 level. ETH outperformed Bitcoin and even cleared the $3,300 resistance. However, the bears were active near the $3,350 level. A high was formed at $3,355 and the price started a fresh decline. There was a sharp move below the $3,300 level. The price declined below the 50% Fib retracement level of the upward move from the $3,070 swing low to the $3,355 high. There was also a break below a key bullish trend line with support at $3,250 on the hourly chart of ETH/USD. Ethereum is now trading below $3,220 and the 100-hourly Simple Moving Average. However, the bulls are active near the $3,165 support and the 61.8% Fib retracement level of the upward move from the $3,070 swing low to the $3,355 high. Immediate resistance is near the $3,210 level and the 100-hourly Simple Moving Average. Source: ETHUSD on TradingView.com The first major resistance is near the $3,250 level. The next key resistance sits at $3,350, above which the price might gain traction and rise toward the $3,465 level. A close above the $3,465 resistance could send the price toward the $3,550 resistance. If there is a move above the $3,550 resistance, Ethereum could even test the $3,680 resistance. Any more gains could send Ether toward the $3,750 resistance zone. More Downsides In ETH? If Ethereum fails to clear the $3,210 resistance, it could continue to move down. Initial support on the downside is near the $3,180 level. The first major support is near the $3,165 zone. The main support is near the $3,070 level. A clear move below the $3,070 support might set the pace for more losses and send the price toward $3,030. Any more losses might send the price toward the $2,880 level in the near term. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 level. Major Support Level – $3,165 Major Resistance Level – $3,210

Ethereum Price Reverse Gains, Can ETH Bulls Save The Day?

Runes are one of the hottest trends in the Bitcoin ecosystem. There’s been a lot of buzz about Bitcoin Runes. But what are they? Runes are simply a new token standard on the Bitcoin chain. They make it easier for people to create fungible tokens on Bitcoin. The Rune protocol opens up a lot of The post Top 5 Best Platforms to Trade Bitcoin Runes appeared first on CoinGape .

Top 5 Best Platforms to Trade Bitcoin Runes

As the cryptocurrency market reels from the Bitcoin halving event, investors are scrambling to find the next significant investment – the most promising projects for the coming year. While established players like Solana, Shiba Inu, Ethereum, and Litecoin remain solid contenders, new and innovative projects like the hugely hyped BlockDAG

BlockDAG, Ethereum, Solana, Shiba Inu & Litecoin Make the List of The Top 5 Best Crypto Investment Opportunities for 2024

The solo miner netted around $200,000 in rewards for validating block 841,286.

Solo Bitcoin miner wins the 3.125 BTC lottery, solving valid block

David Schwartz, the Chief Technology Officer of Ripple Labs, has recently discovered his first tweet from 2009, which has sparked a lot of positive reactions from the XRP community. In the tweet, Schwartz showcased his typically light-hearted communication style, stating “The passive voice will be used by me!”, giving an insight into his future online The post Ripple CTO Unearths His First Ever Tweet. Here’s the Message appeared first on Times Tabloid - Latest Cryptocurrency News, Bitcoin (BTC) News, Ethereum (ETH) News, Shiba Inu (SHIB) News, Ripple's XRP News .

Ripple CTO Unearths His First Ever Tweet. Here’s the Message

Ripple price started a downside correction from the $0.570 zone against the US dollar. The price is now trading below $0.5250 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $0.5275 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair The post Ripple Price Analysis: Bulls Struggle To Clear This Key Hurdle appeared first on Live Bitcoin News .

Ripple Price Analysis: Bulls Struggle To Clear This Key Hurdle

Bitcoin price struggled to settle above the $65,000 zone. BTC is again moving lower and there is a risk of more downsides below $62,000. Bitcoin started another decline after it failed to surpass the $64,000 resistance zone. The price is trading below $64,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $63,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate lower if there is a daily close below the $62,400 support zone. Bitcoin Price Dives Again Bitcoin price attempted a fresh increase above the $64,000 zone. However, BTC failed to gain pace for a move above the $65,000 resistance zone. A high was formed at $64,301 and the price started another decline. There was a move below the $63,800 level. The price declined below the 50% Fib retracement level of the upward move from the $62,408 swing low to the $64,301 high. Bitcoin is now trading below $63,200 and the 100 hourly Simple moving average. There is also a key bearish trend line forming with resistance at $63,350 on the hourly chart of the BTC/USD pair. The pair is signalling a bearish bias below the 76.4% Fib retracement level of the upward move from the $62,408 swing low to the $64,301 high. Immediate resistance is near the $63,350 level or the trend line. The first major resistance could be $64,000 or $64,300. A clear move above the $64,300 resistance might send the price higher. The next resistance now sits at $65,000. Source: BTCUSD on TradingView.com If there is a clear move above the $65,000 resistance zone, the price could continue to move up. In the stated case, the price could rise toward $65,500. The next major resistance is near the $66,200 zone. Any more gains might send Bitcoin toward the $67,500 resistance zone in the near term. More Losses In BTC? If Bitcoin fails to rise above the $63,350 resistance zone, it could continue to move down. Immediate support on the downside is near the $62,400 level. The first major support is $62,000. If there is a close below $62,000, the price could start to drop toward $61,200. Any more losses might send the price toward the $60,000 support zone in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $62,400, followed by $62,000. Major Resistance Levels – $63,350, $64,000, and $65,000.

Bitcoin Price Grinds Lower As Bears Aim For New Monthly Low

Bitcoin’s metric suggests that it is undervalued, but market indicators show more slow-moving days ahead.

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