Crypto Price Analysis July-03: ETH, XRP, ADA, BNB, and HYPE

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum managed to bounce off support at $1,500 and recovered last week’s losses. This is also why it closed the week with an impressive 10% rally, as buyers regained control of price action. To be confident in a sustained […]

Ethereum Traders Eye Key Support Levels Amidst Mixed Market Signals — Implications for Future Moves

Ethereum has reached historically oversold conditions, drawing significant attention from traders and analysts. Despite recent market volatility, Ethereum maintains strong support levels, indicating potential for future price movements. This situation highlights the ongoing interest in ETH as traders assess the cryptocurrency’s trajectory amidst broader market fluctuations. What Went Down Ethereum is currently trading around $1,670, […]

CryptoCred Highlights Trading Pitfalls — What Comes Next

CryptoCred, a prominent figure in the crypto community, recently shared insights on the dangers of counterfactual trading thoughts via Twitter. The tweet emphasizes that reflecting on what could have been can be detrimental to a trader’s mindset and urges followers to focus on their trading processes instead. You can view the full tweet here. Breaking […]

Sui Testnet Update v1.74.1 Slashes Transaction Gas Costs Via Protocol Version 128

There is a reason this one is worth separating from the usual market noise. Sui Testnet Update v1.74.1 Slashes Transaction Gas Costs Via Protocol Version 128 gives Bitcoinist readers a clean angle on Sui at a point where the market is trying to separate durable signals from short-lived noise. According to the source material reviewed […]

Kraken Secures Breakoutprop — Implications for the Crypto Market Ahead

Kraken has made headlines with the announcement of its acquisition of Breakoutprop, a move celebrated by the crypto community. This acquisition aligns with Kraken’s strategy to enhance its product offerings in the competitive trading landscape, as highlighted by CryptoCred’s tweet. The implications of this acquisition could resonate throughout the market. What Went Down The broader […]

Stablecoins Surge 2% in Brazil as the Central Bank Triggers a New ‘Samba Premium’

The Central Bank of Brazil recently sent a notification to several financial institutions about the possible misuse of purpose structures to import crypto into Brazil and act as intermediaries. This was enough to send stablecoin prices up by 2%, as actors worried about liquidity channels. Central Bank of Brazil’s Interpretation Gave Rise to a Temporary […]