Speculation that BlackRock might support the altcoin market has been dismissed by experts who say institutional investors see most altcoins as mere fundraising tools, not valuable assets. The market remains weak, with about 84% of altcoins on Binance trading below their 200-day moving average, marking a prolonged downturn. Analysts predict future crypto integration will focus on tokenized real-world assets on major blockchains like Solana or Ethereum, bypassing traditional stock exchanges. Meanwhile, major altcoins like Ethereum, BNB, and XRP face declines, with XRP struggling to hold the $1.00 level, signaling ongoing market challenges without strong catalysts.
Bitcoin traded near $63,700 on Aug. 12, with most major cryptocurrencies edging higher ahead of the July U.S. inflation report. Dogecoin and BNB led gains, while Bitcoin struggled to hold above $65,000 amid mixed ETF flows and rising oil prices, whic...
Ethereum is defending a critical support range between $1,720 and $1,780, which is vital for maintaining bullish momentum. A strong breakout above $1,875 could push ETH toward $2,200, but losing support may lead to further declines. A major whale has...
Ahead of Wednesday's U.S. Consumer Price Index (CPI) release, bitcoin and ether remain in a tight trading range, with traders positioning for a potential breakout. Some investors are buying call options betting on a price rise if the CPI is softer th...
Dogecoin led major cryptocurrencies with a nearly 3% gain, reaching just above 7 cents, while BNB rose 2% to $614. Bitcoin slipped to around $63,700, the only major token lower on both the day and the week. Asian equities rallied on strong semiconduc...
Ethereum is consolidating below the $1,900 resistance level, currently trading near $1,880. The critical breakout zone is between $1,900 and $1,925, where buyers have struggled to push prices higher since late July. A decisive close above $1,925 coul...
