Ethereum, Cardano, Binance Coin Price Analysis: 31 May

Ethereum Reaches New All-Time High, Bitcoin Breaks Above $38,000

“While Bitcoin mostly trading between $34,000 and $37,000 over the past few days, major altcoins such as Ethereum, Cardano and Binance Coin found themselves restricted between certain channels. However, an upward price swing for BTC could enable these alts to break out their channels and target levels seen prior to the recent crypto sell-off. Ethereum”

Source: AMBCrypto

Here’s the downside to ‘trading in and out’ of Bitcoin and crypto

“Liz Young, Head Of Investment Strategy at SoFi, recently shared some advice about when and how to decide which asset classes to allocate in one’s portfolio, during a recent podcast. According to the exec, “The first rule of portfolio construction is to have asset classes that are not correlated to

FTX Exchange Now Valued at $25 Billion Following Successful $420 Million Fundraiser

“FTX cryptocurrency exchange has announced that it has successfully secured $420 million in funding through its series B-1 round from 69 investors, increasing the firm’s valuation to $25 billion, according to a press release on October 21, 2021. FTX Raises Fresh $420 Million Barely three months after completing a series