Analysis of Prices on 6/12: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
Market observers will closely watch the United States CPI data and the Fed’s policy decision to provide direction to the stock and crypto markets.
Altcoins
ETH, XRP, LDO and RNDR may experience breakouts due to Bitcoin’s stagnant price.
If BTC price consolidates in the $25,000 range, ETH, XRP, LDO and RNDR could be the first altcoins to break out with recovery rallies.
Crypto Market Sell-Off Results in $390M Liquidation, Bitcoin Price Steadies Above 3-Month Lows
Bitcoin and altcoins feel the pressure of the week’s regulatory bombshells, with BTC price action steadying below the key 200-week moving average.
Court requested for ‘alternative service’ as SEC fails to locate Binance CEO Changpeng Zhao
The Binance CEO is rumored to be in Dubai, but with no known base of operations, the SEC wants permission to serve his lawyers on his behalf.
Discovering the Next Promising Altcoin Before Its Surge
Join us as we discuss the best way to find the next big altcoins before they pump and what every trader should be doing right now.
Hall of Flame: Former China State Media Journalist, Heilpern, Expresses Love for Bitcoin and Disdain for Nonsense
Layah Heilpern has attracted a big following for her no-bullshit take on Bitcoin. Weirdly, in a former life she worked for China state media.
Controversy arises as Jack Dorsey asserts that ETH is a security.
Since Binance and Coinbase were sued for offering unregistered securities, the longtime Bitcoin advocate has tweeted posts promoting a focus on BTC development.
Amid Binance and Coinbase lawsuits, SEC and Gensler-inspired memecoins experience a surge.
Memecoins that draw their likeness from Gary Gensler and the SEC have rallied significantly since the regulator sued Binance and Coinbase.
Coinbase and Binance CEOs’ net worths squeezed by SEC lawsuits
Brian Armstrong and CZ have seen respective net worth losses of 11.8% and 5.1% since the SEC sued Coinbase and Binance.
These 4 altcoins may experience buying surge due to Bitcoin’s recovery
While most coins are reeling under pressure, Bitcoin and select altcoins such as ADA, ATOM, LDO, and ARB are showing promise.