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The past 24 hours in the cryptocurrency market have shown a significant calmness, putting a halt to the ongoing bearish assault and leading to some consolidation. Bitcoin has been hovering around the $61K mark on Sunday morning, while Ethereum has dipped below the crucial $3K level. A recent report by CryptoPotato highlighted a sudden correction
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Bitcoin, the leading cryptocurrency, has been experiencing a period of consolidation after hitting a new all-time high in mid-March. This stagnation in price movement has raised concerns among investors, particularly with the recent loss of support at the $60,000 level. However, the slowdown is not just limited to the price of Bitcoin; on-chain activity on
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Bitcoin recently saw a price decline of 3.06% on Friday, dropping to as low as $60,372.36 according to CoinMarketCap. Despite this dip, trading analyst Titan of Crypto remains optimistic about Bitcoin’s future prospects. Titan of Crypto pointed out a bullish signal on the daily timeframe known as the bullish engulfing candle. This pattern suggests a
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The International Monetary Fund (IMF) recently suggested that Nigeria should consider embracing the regulated use of digital assets by licensing international crypto exchanges. This proposal was included in the IMF’s consultation report for Nigeria, with the aim of enhancing the country’s economic stability and solidifying its position within the African crypto sector. The recommendation comes
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Cardano (ADA) has recently seen a significant reversal in its trading volume, indicating a potential upward trend for the cryptocurrency. This positive development has coincided with ultra-bullish predictions from various crypto analysts. Altcoin Daily, for example, has set a peak price target of $9 for Cardano in the current bull run. This optimistic outlook is
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