Author: John Smith
FLOKI is up over 10.75% after bouncing from key support. With a bullish trend in place, all eyes are now on a major resistance level that could trigger a 22 percent continuation move. FLOKI coin (FLOKI) has shown impressive strength, gaining 10.75 percent in recent trading sessions. This surge followed a successful reclaim of a high time frame support zone while maintaining a bullish market structure. While the broader trend favors further upside, the next phase of the rally hinges on a critical technical resistance level. A breakout could fuel a strong move toward the upper boundary of the current…
Cecilia Skingsley will leave her role as head of the BIS Innovation Hub next month, cutting short her five-year term by two years amid a broader leadership reshuffle at the central bank body. The Bank for International Settlements digital currency lead Cecilia Skingsley will leave her role two years earlier than planned, Reuters has learned. Skingsley has led the BIS Innovation Hub since September 2022, a unit created in 2019 to help central banks explore new financial technologies, including central bank digital currencies. The Innovation Hub started with just a few centers but has expanded to seven financial hubs around…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The financial world is splitting between those who wait for permission and those who mint their own destiny. The last crypto cycle was about memecoins, degenerate yields, and wild volatility. Where does crypto go from here? It has to be about stability, liquidity, and real-world utility. As the world enters a phase of economic instability and AI automation, on-chain dollars are going to become the backbone of commerce, coordination, and capital flows. In times of global economic…
MEW rallied as high as 31% today after securing a listing on popular crypto and stock trading platform Robinhood. According to crypto.news, cat in a dogs world (MEW) surged to a four-month high of $0.0047 on May 23 Asian time, bringing its market capitalization to over $400 million at the time of writing. MEW’s trading activity accelerated sharply through the week, with volume climbing from $40 million on Wednesday to $70 million on Thursday, before surging over 370% to $315 million by Friday. There are four potential catalysts driving MEW’s rally. First, the biggest catalyst is MEW’s new Robinhood listing,…
With Bitcoin Pizza Day pushing BTC past $111,000, are we just getting started? How high is Bitcoin going to go from here in price discovery mode? Why is Bitcoin going up? Bitcoin (BTC) reached a new all-time high of $111,861 in early trading on May 22. The date also marks Bitcoin Pizza Day, which commemorates the first real-world purchase made with Bitcoin in 2010, when 10,000 BTC were spent on two pizzas. At today’s price, that amount would be worth over $1.1 billion. After the intraday peak, BTC pulled back minutely to around $111,500 at the time of writing, posting…
Pi Network price could miss the ongoing crypto bull run as concerns around token sales by the Pi Foundation, centralization, and token unlocks persist. Pi Coin (PI) was trading at 0.8100 dollars on Thursday, slightly below this week’s high of 0.8610 dollars. The token remains 51 percent below this month’s peak and 73 percent lower than its all-time high. Pi Network price pulled back even as Bitcoin (BTC) soared to a record high and most altcoins jumped by double digits. This performance is a continuation of what happened last week after the launch of the Pi Network Ventures. Pi Network…
Bitcoin price remained near its all-time high after a stellar surge on May 21, with bulls largely in control as the market eyed price discovery. After hitting highs of $111,861, Bitcoin (BTC) traded to around $110,300 before rebounding higher. Despite the spike to a fresh peak, with Bitcoin outpacing the Dow Jones Industrial Average as stocks struggled, the market hasn’t witnessed a significant profit taking scenario so far. What are analysts saying about Bitcoin price? Notably, all BTC addresses flipped profitable as the cryptocurrency rallied. Yet on-chain data shows the benchmark digital asset is “still not overheated.” CryptoQuant analyst Crypto…
Electric vehicle retailer Jiuzi Holdings announced plans to acquire 1,000 Bitcoins over the next year, marking a significant pivot into digital assets. The company said it would fund the purchase through a mix of additional stock issuance and cash purchases, signaling growing corporate confidence in Bitcoin (BTC) as a long-term strategic asset, according to the company. The board-approved acquisition plan underscores Jiuzi’s belief in the long-term potential of blockchain technology and aims to diversify the company’s asset base amid shifting market conditions. Jiuzi Holdings Inc is a China-based enterprise focused on running retail outlets for new energy vehicles. Operating under…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Explore how Stellar price chart signals consolidation, Cronos gains traction with its U.S. trust launch, and why BlockDAG’s extended 2x offer and $0.0020 presale price make it a top choice. Investor sentiment often pivots on timing, and in crypto, timing is everything. Stellar is showing signs of tightening price action as traders wait for confirmation of its next move, while Cronos is drawing attention with its newly launched U.S.-regulated trust aimed at institutional adoption. However, it’s BlockDAG that stands…
As the BTC price stays well above the $110,000 threshold, Matrixport reveals what makes this BTC bull rally different than the others that came before it. In a recent post, Matrixport analysts have noted the evident absence of retail investors in the latest Bitcoin (BTC) rally. Unlike previous bull markets, in which the rally was mostly fueled by retail participation, this time around the firm concludes that the retail investor’s portion in driving the rally is no longer expanding as largely as it used to. “This rally is unfolding largely without retail participation. Instead of the usual buzz and euphoria,…