With a strong breakout, Ethereum (ETH) is causing more buzz among crypto traders. Respected analyst Michaël van de Poppe confirmed on social media as of May 8, 2025, at 10:30 AM UTC, indicating hopeful momentum for the second-largest cryptocurrency by market capitalisation has Ethereum broken past a critical resistance level. ETH traded at about $3,250 on Binance’s ETH/USDT exchange at his announcement, a 4.7% rise over the past 24 hours. This burst beyond the $3,200 level is particularly noteworthy; it has resisted upward progress for the preceding two weeks. Real-time exchange data indicates that this jump was matched by a…
Author: Ali Malik
Crypto and Stock Market Synergy: As dynamic ecosystems where trading success depends on adaptation and trend detection, the stock markets and cryptocurrencies keep changing. A May 8, 2025, social media post by well-known crypto influencer Altcoin Gordon, who asked a provocative question to his followers: “Are you connecting the dots?” emphasised this synergy. The message underlined the need for quick adaptability and identifying new trends, skills more important than ever in the linked financial markets of today. On May 7, 2025, one obvious instance of this market interaction was seen. Driven by excellent quarterly earnings from big companies such as…
One of Hong Kong’s top online brokerages, Futu Securities International, formally debuted its much-awaited crypto deposit service on its all-in-one digital platform. The service allows traders of Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). This action is a significant first in combining cryptocurrency with conventional financial services into one simplified ecosystem. A press statement from the company states that qualified investors may now deposit and trade digital assets using the Futu NiuNiu app. The app also supports traditional financial instruments, including stocks, ETFs, mutual funds, options, and bonds, across markets in Hong Kong, the United States, and Japan. By providing…
Bitcoin price forecast: After gaining 2.7% over the past two days, Wednesday’s Bitcoin price is steadying at $97,000. As US and Chinese officials get ready to start high-level negotiations meant to lower tensions in their continuous trade conflict, optimism is returning to the crypto market. Still, care is urged since the forthcoming US Federal Reserve interest rate decision can cause further volatility in risk markets like Bitcoin. Bitcoin recovers as Trade Tensions Between China calm down Two of the biggest economies in the world, the United States and China, will start diplomatic talks this week in Switzerland, according to a…
On May 6, 2025, the crypto market slightly corrected, with Bitcoin Ethereum price drop(ETH) falling about 2% and falling below the crucial $1,800 level. Under pressure, Bitcoin (BTC) also dropped momentarily below $94,000, therefore testing a vital support zone. Notwithstanding early-week uncertainty, a combination of institutional interest and macroeconomic events—including the forthcoming U.S. Federal Reserve rate decision—keeps shaping market mood. Traders are closely monitoring indicators of a reversal or more thorough consolidation. BTC Nears $100K Hype, ETH Lags Bitcoin’s current price is $93,869; over 24 hours, the price dropped 0.17%. Still, BTC dominates with 64.85%, the most since February 2021,…
Riot Platforms Bitcoin sale Selling millions of Bitcoin as financial pressure builds and post-halving issues affect its operations, Riot Platforms has taken an unexpected step. The company’s choice to sell off its April output points to a strategic turnaround with wider consequences for the crypto mining industry. Riot Dumps April 475 BTC Changing from its long-standing HODL strategy, Riot Platforms sold 475 BTC in April—the most notable monthly sale since January 2024. This covers an extra 12 BTC from current reserves and all 463 BTC mined in April. The sales brought in $38.8 million in profits at an average price…
Bitcoin price surge: Notable tweeting from @doctortraderr highlighted insights from $BTC guru @ProfitCircle_ on May 5, 2025, at roughly 10:30 AM UTC, drawing much attention in the bitcoin trading community. Based on CoinGecko statistics at 11:00 AM UTC on the same day, the tweet claims that Bitcoin ($BTC) showed a notable price change, rising by 3.2% from $62,500 to $64,500. This price movement matched rising purchasing demand on big exchanges like Binance and Coinbase. Rising by 18% from the previous 24-hour average, the trading volume for the BTC/USDT pair peaked at $2.1 billion by midday UTC (source: Binance exchange data).…
As Litecoin (LTC) remained consistent at near $86 throughout the Asian trading session on Monday, the market for cryptocurrencies shows indications of consolidation. This little increase indicates a tiny comeback even while the larger market pauses after the April surge. Still, investor mood toward LTC is favourable, particularly in light of recent events involving the Litecoin Exchange Traded Fund (ETF) proposal. Renowned Bloomberg analyst James Seyffart feels that Canary Capital’s spot Litecoin ETF proposal has a better chance of being approved than many other crypto-related ETF proposals. Many traders and investors have been driven by this hope to monitor LTC…
Blockchain Group Bitcoin treasury strategy, With its audacious aim to buy 260,000 Bitcoin worth around $24 billion by 2033, Europe’s first Bitcoin treasury company, The Blockchain Group, is generating headlines. This strategic vision marks a turning point for institutional crypto adoption in Europe and sends encouraging signals to worldwide digital asset markets. The Blockchain Group became the first European corporation in November 2024 to center Bitcoin heavily in its treasury approach. The company sees Bitcoin as a basic financial reserve rather than a volatile asset for short-term trade, much like gold in conventional finance. This action showed a change in how European institutions…
Bitcoin price resistance: Once more, Bitcoin has made notable progress, and its price is presently trading over the $95,000 zone. Supported strongly above $94,500, BTC has acquired momentum and may shortly aim for a breakout above the crucial $97,500 resistance level. Bitcoin’s Current Support and Upward Movement With regular price trading above $95,000, Bitcoin is still well-supported above the $94,500 level. The 100-hour Simple Moving Average (SMA) strengthens this increasing tendency even more. On the hourly chart of the BTC/USD pair, a positive trend line is also developing and providing more support close to $96,350 (data feed from Kraken). If…