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63.5% of respondents said they are positive on the outlook of crypto for the next year and 88% said they are optimistic for the next decade, according to a recent survey by the exchange.
Cryptocurrency prices rose early Friday but then dropped sharply following a report that the SEC had deemed recent spot BTC filings inadequate.
Bitcoin cash added the most, almost tripling over the course of the month.
The latest price moves in crypto markets in context for June 30, 2023.
With the expiry done, the supposed price magnet at $26,500 from the max pain point is gone and prices could resume the upward journey, a common pattern during the bull market days of 2021.
The crypto exchange is faced with several risks that could trigger a reversal of the stock’s recent gains, the report said.
The latest price moves in crypto markets in context for June 29, 2023.
With today’s 17% gain, BCH has now more than doubled in the week since it was listed on EDX Markets, a new crypto exchange backed by financial heavyweights.
Technical improvements and a listing on EDX Markets have likely fueled trading interest in bitcoin cash tokens.
The latest price moves in crypto markets in context for June 28, 2023.
- 03:07MemeFi is now live on Sui NetworkOn November 27, according to MemeFi's official tweet, MemeFi has officially launched Sui, and the number of users holding coins on the MemeFi chain has exceeded 2.5 million. In addition, MemeFi will also provide detailed documents for this airdrop and the roadmap after the token TGE.
- 03:00Top trader Eugene: Have bought ETH during the market downturnTop trader Eugene Ng Ah Sio posted, "I bought some ETH during this dip. Although the market signals are still not very clear, the trends of BTC and MSTR imply that the Bitcoin train has clearly stopped." According to the most basic "10 IQ capital flow logic", it should be ETH's turn to rise now, and its current price around 3000 dollars seems like a bargain.
- 02:56Analyst: Bitcoin daily line shows adjustment, altcoins remain resilientAccording to analyst Duck Army on platform X, Bitcoin (BTC) displayed a small bearish candle with upper and lower wicks on its daily chart, indicating a normal downward adjustment with slightly higher trading volume than the day before yesterday. The daily MA30 remains on an uptrend, but the MACD indicates a shift from weakening bullish momentum to strengthening bearish momentum. Nevertheless, the candle began to shorten and formed a pattern similar to a doji, suggesting weakening bearish momentum, which makes a significant further downturn unlikely. A rebound is expected after some consolidation, with potential target levels between $96,000 and $98,000. It's noteworthy that despite Bitcoin's retracement, altcoins showed strong resistance to the drop, with some even rising against the market trend. The focus might shift to those altcoins that have had minimal gains at the bottom, which are expected to experience a catch-up rally. Technical indicators place Bitcoin's daily resistance levels between $94,600 and $126,000, with support levels ranging from $87,400 to $79,830. From a short-term trading perspective, the market is currently experiencing a rebound at the 8-hour level of the daily MA30, returning to a 10-minute bounce within the 8-hour support zone. It is suggested to go long at $90,600 and enter short positions between $93,200 and $94,320, while closely monitoring stop-loss points. According to the liquidation heat map, there are substantial unresolved short positions in the $94,750 to $101,900 range, and a large number of long positions provide support between $90,800 and $88,600.
