cryptocurrencies
Binance's Indian Crypto Exchange Lists SHIB Token as Vitalik Gift Garners Local Press
The new listing comes a day after Ethereum's founder donated $1 billion in SHIB to India Covid Relief Fund.
Bitcoin Sell-Off Could Stabilize Around $42K Support
BTC remains under pressure and could find lower support near $42K as long-term momentum wanes.
Bitcoin Adoption Keeps Growing During Alt Season, Blockchain Data Shows
Dominance is at the lowest level since April 2018, suggesting traders are rotating into ether and other altcoins.
US CPI Report Shows April Inflation Faster Than Expected, Highest Since 2008
Nearly all major components of the CPI increased in April, a sign that pent-up demand is fueling a rebound in economic mobility.
Bitcoin Struggles Near Resistance; Could Find Support at $55K
Long-term momentum is deteriorating as buyers continue to take profit on rallies.
Bitcoin Stabilizes After Pullback; Faces Resistance at $57K
The broader uptrend remains intact despite several months of consolidation.
Ethereum Classic Demand Coming From Traders Covering Borrowed Positions: FundStrat
ETC could see steady demand until the end of the third quarter, according to David Grider, strategist at FundStrat.
Inflows to Crypto Funds Slow as Apparent Profit-Taking Offsets Fresh Money
Digital asset fund inflows slowed last week, although demand for Ethereum products rose, according to CoinShares.
Bitcoin Stalls at Resistance; Could Face Lower Support at $56K
However, if BTC breaks below $57,000, buyers will likely wait to enter around lower support at $56,000.
Ether Price Pushes Past $4K for First Time, Approaches JPMorgan's Market Value
A Coinbase premium for ether is continuing to spur new investment, according to analyst Ki Young Ju.
