Author: Renata Fonseca

Jupiter’s Market Trend Shows Bearish Signals Jupiter (JUP) is currently experiencing substantial sell-offs which have erased the currency’s short-term advancements. The cryptocurrency has displayed a bearish pattern, evident by its recent short-term moving average descending beneath the critical 200-day moving average mark. Such technical patterns often suggest a potential continuation of the downward trend. Financial […]

Bitcoin Treads Above $60,500 After Economic Data Release After recently touching the much-watched $60,000 benchmark, Bitcoin has managed to maintain a price slightly above $60,500. This activity comes on the heels of the latest financial indicators from the United States. The Core PCE Price Index reported a modest increase, while consumer sentiment recorded a slight […]

Rebalancing Federal Power: The Supreme Court has made a landmark decision that propels Congress back towards its foundational role as the nation’s primary legislative body. In the recent case involving Loper Bright Enterprises against Raimondo, the highest court has overhauled a decades-old precedent which previously allowed administrative agencies to fill in legislative blanks. Revoking Deference […]

Coinbase Derivatives is gearing up to introduce a regulated futures contract for the cryptocurrency known as Shiba Inu. The product, called the 1k Shib Futures (SHB), is slated for release on the platform starting July 15, 2024, aiming to present a new investment opportunity for traders in the dynamic crypto market. The SHB Futures Contract […]

NVIDIA has made strides in artificial intelligence with its novel approach known as DoRA, a method designed to enhance fine-tuning procedures for complex AI models without increasing the inference time. This advancement has been recognized for its excellence, being selected for oral presentation at the prestigious ICML 2024 conference. The structure of DoRA sets it […]

Ethereum’s Bright Horizon: Possibility of a 120% Surge Ethereum (ETH), the renowned digital currency network, may be on the verge of a significant uptick in value. Industry experts from Glassnode, particularly founders Jan Happel and Yann Allemann, hint at an optimistic price projection for Ethereum. Drawing from historic market trends, they indicate that Ethereum has […]

Dubai Demonstrates Its Crypto Clout with Upcoming Blockchain Event As the digital asset market continues to burgeon, enthusiasts, experts, and entrepreneurs are eagerly awaiting Blockchain Life 2024, which is poised to be the most pivotal crypto event of the year. Dubai’s prominence as a leading crypto hub provides the ideal backdrop for the 13th iteration […]

Analyzing the Bitcoin Market’s Movement A prominent cryptocurrency analyst, who has had a previous success in predicting Bitcoin’s price movements around the much-anticipated halving event, recently shared insights with his substantial YouTube following. The essence of his prediction is that Bitcoin may encounter a dip potentially reaching levels that reflect a significant correction compared to […]

Unexpected Market U-Turn Affects FET Value FET investors are navigating a turbulent market after the cryptocurrency’s value dropped sharply by over 20% within a two-day time frame. This decline marks a stark contrast to its prior performance, where FET had soared, signaling a potentially unstable period for the digital asset. Significant Gains Reversed Amid Market […]

Cryptocurrency markets have witnessed a downward trend, with Bitcoin dropping momentarily below $60,000, an unexpected move given the recent inflows into Bitcoin Exchange-Traded Funds (ETFs). Ethereum, along with other major alternative coins like Solana and XRP, has seen a similar decrease in value, reflecting a broader bearish market sentiment. Market capitalization has felt the impact […]