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Author: Isabella Taylor
Dogecoin has confirmed a bullish head and shoulders breakout, with the neckline now acting as critical support. A successful retest could ignite the next major rally in DOGE price action. Dogecoin’s (DOGE) price action has turned decisively bullish after breaking out of a textbook head and shoulders pattern, widely considered one of the strongest bullish reversal setups in technical analysis. This breakout triggered a sharp rally that recently pushed DOGE to a swing high of $0.25. Now, with the neckline flipped into support, traders are watching closely for a retest to confirm whether the move has enough momentum to extend…
Bitcoin price may be on the verge of a big breakout to its all-time high, and analysts from Fundstrat, Ark Invest, Standard Chartered, and BlackRock expect it to keep rising in the coming years. One key theme among most analysts is that Bitcoin (BTC) is the digital version of gold, a top safe haven. Like gold, Bitcoin is a scarce resource with high demand, which explains why analysts see it as a store of value. Bitcoin has been one of the best-performing assets ever, as its price has moved from below $1 in 2009 to $104,000 today. Its market cap…
Galaxy Digital reported a net loss of $295 million for the first quarter of 2025. The losses were cited due to digital asset depreciation and a $57 million charge related to winding down Helios’s data center mining operations. The company also confirmed that its reorganization and domestication to the United States was completed on May 13, ahead of a planned Nasdaq listing on May 16. The first-quarter loss equates to $0.86 per diluted share. As of March 31, Galaxy’s equity capital stood at $1.9 billion, with cash and net stablecoins totaling $1.1 billion. Despite the Q1 loss, the firm estimated…
The Pi Coin price dropped on Tuesday as the recent comeback took a breather, with investors starting to take profits. Pi Network (PI) token was trading at $1.1475 at press time, down 31% from its highest point on Monday. This retreat has brought its market cap to $8 billion, making it the 19th biggest coin in the industry. Pi Coin price Elliot Wave points to a comeback The Elliott Wave is a popular analysis approach that identifies five stages assets go through during a bull market. The first, third, and fifth phases of the impulsive Elliott wave are usually bullish,…
Bitcoin was conceived as the first sustainable electronic commerce network independent of financial institutions. Fifteen years later, there is much talk about how Bitcoin will strengthen the American dollar, while financial institutions are investing in cryptocurrency. At the same time, it is still possible to come across remarks like “fiat money’s days are counted” when the Bitcoin price goes up. Is Bitcoin a threat to the traditional financial system? What do we learn from the Bitcoin whitepaper? Before launching the Bitcoin network on Jan. 3, 2009, Satoshi Nakamoto released the Bitcoin whitepaper, a nine-page document explaining the purpose and functioning…
Crypto markets are down on the latest inflation numbers, as traders take profit from the recent market rally, which pushed BTC above $100,000. Profit-taking and inflation data have pushed the crypto markets down today. On Tuesday, May 13, the total crypto market cap fell by 0.48% to $3.32 trillion, while Bitcoin (BTC) was down 0.21% to $103,228. Despite this, several signs show that the markets remain strong. The market decline coincided with the release of the latest U.S. inflation figures, which showed the lowest inflation rate since 2021. In April, consumer prices rose at a yearly rate of 2.3%, down…
Sui has been one of the few altcoins that have held their bullish structure and pumped continuously from major support levels. Currently the sentiment around this token is bullish and analysts are predicting $6-$10 levels in the near future. How true is this claim? Let’s find out in this SUI price prediction for May 2025. Currently ranked at the 11th position with a market cap of $13.2 billion, Sui (SUI) has enjoyed a decent bull run so far with prices reaching $5.35, in January 2025. Since then the token has seen a 26.6% drop in prices and is currently trading…
Loopring is currently in an uptrend after bouncing from its multi-month support. Investors are keen to see how far this rise can sustain itself and move higher in the coming weeks. Let’s find that out in detail in this Loopring price prediction. Since its launch, Loopring (LRC) has seen an all-time high of $3.83, followed by a 96.98% drop in price. At the time of writing, it is now trading at $0.1153, which is around a 65.8% decrease from its price of $0.3347, which was recorded four months ago in December 2024. LRC 1d chart | Source: crypto.news\ In this…
The Dow Jones Industrial Average opened around 150 points lower on Tuesday while the S&P 500 and Nasdaq indices inched higher. This comes after Monday’s monster rally that saw the Dow gain more than 1,100 points amid encouraging Washington–Beijing trade talks. On Tuesday, the consumer price index increased 2.3% on an annualized basis, marking the lowest growth seen since 2021. Chris Zaccarelli, chief investment officer at Northlight Asset Management, told CNBC that the markets’ “twin fears” of a tariff-induced recession and sticky inflation have eased. As such, the markets should continue “yesterday’s celebration.” Analysts at Goldman Sachs lifted their S&P…
Robinhood announced Tuesday it will acquire Canadian crypto firm WonderFi in a C$250 million (US$178 million) all-cash deal, marking the brokerage’s latest move to grow its global crypto footprint. The deal gives Robinhood access to over C$2.1 billion in assets under custody and expands its reach into one of the fastest-growing crypto markets in the world. WonderFi, which operates two of Canada’s most established regulated platforms—Bitbuy and Coinsquare—will continue its operations under Robinhood Crypto. WonderFi shareholders will receive C$0.36 per common share, a 41% premium to the stock’s May 12 closing price and a 71% premium to its 30-day volume-weighted…