Bitcoin and Ethereum have broken above minor resistance.
#BTC
#ETH

Now, it seems that time may have arrived, according to Gambardello, as he detects the rumblings of a stampede heading toward Cardano.

The analyst was always vocal about Cardano’s future prospects as a value investor, envisioning a time when the blockchain platform would boast a solid infrastructure that was secure, scalable, and decentralized.

In a recent video, crypto analyst and trader Dan Gambardello expressed his long-standing belief in Cardano’s (ADA) potential for mass adoption.

Snek stands out as the first to make a notable impact in terms of social media presence and price action.

Cardano Cube reports the existence of 25 Cardano-based meme coins, including Hosky Token, DGAF, and A SHIB.

proponents argue that meme coins enhance community engagement and act as a gateway for newcomers to enter the cryptocurrency ecosystem.

Meme coins often face criticism due to their perceived lack of utility, inherent value, and highly speculative nature, raising doubts about their long-term viability.

The block size refers to the amount of data or transactions included in a single block of the blockchain.

This surpassed the previous high of 121,327.386, which was observed on 27 May 2023.

The on-chain analysis platform, Glassnode, recently shared on Twitter that the mean block size of Ethereum (ETH) has reached a new 1-month high, measuring 121,439.928.

The leading crypto’s price could finally flip the resistance level at $26,850 into support. This will then clear a path for it to rise to the next major resistance at $27,450.

A bullish technical flag was on the verge of triggering on BTC’s 4-hour chart, as the 9 EMA line was looking to cross above the 20 EMA line.

BTC was down against the altcoin leader by about 0.02%.

BTC performance was also not enough for it to strengthen against its biggest competitor, Ethereum (ETH).

A call option gives the right to buy, while a put option offers the right to sell.
#BTC

Options are derivative contracts that give the purchaser the right to buy or sell the underlying asset at a predetermined price on or before a specific date.
#BTC

if a trader wants to buy a BTC call option at the $40,000 strike price and there is no matching sell order, the market maker would do the needful by providing the sell order.
#BTC

In the short term, "a U.S. default or a U.S. recession are probably bad for crypto. These are risk assets, and you want to take risk off," Blockchain.com CEO Peter Smith said at the Qatar Economic Forum, organised by Bloomberg.

The U.S. government could fall behind on its bills next month - and even default on its debt - if Congress does not raise a $31.4 trillion cap on government borrowing, a failure that could trigger economic calamity and panic on global financial markets.