Ethereum price started a fresh increase above the $3,400 zone. ETH is consolidating and might aim for a move above the $3,500 resistance. Ethereum started a fresh increase above the $3,320 and $3,400 levels. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with […]
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An analyst has explained how the path to a new Chainlink all-time high (ATH) could open up if LINK can break past this resistance block. Chainlink Could Find Major Resistance At The $20 Level In a new post on X, analyst Ali Martinez has discussed how the resistance barriers for LINK are currently looking in […]
Bitcoin price is correcting gains below the $96,500 resistance. BTC is now trading below $95,000 and might face hurdles near the $95,750 resistance. Bitcoin started a downside correction from the $98,880 zone. The price is trading below $96,000 and the 100 hourly Simple moving average. There was a break above a short-term bearish trend line […]
The crypto market witnessed a significant milestone last week as investment products recorded roughly $3.13 billion in net inflows globally, primarily driven by US spot Bitcoin exchange-traded funds (ETFs), according to data from CoinShares. This surge highlights growing institutional interest and confidence in the crypto market, with Bitcoin leading the charge. CoinShares reveals that the […]
On-chain data shows exchanges have continued to receive stablecoin deposits recently, a sign that could be bullish for Bitcoin and other digital assets. Stablecoin Exchange Netflow Has Remained Positive Recently As pointed out by an analyst in a CryptoQuant Quicktake post, stablecoins have been flowing into exchanges recently. The on-chain metric of relevance here is […]
Long-term Bitcoin holders are showing signs of growing greed as the price of BTC steadily approaches the $100,000 mark. A crypto analyst has underscored the significance of this market trend, highlighting that a possible Bitcoin market top could be incoming in the next few months. Long-Term Holders Stay Greedy On-chain data from Glassnode reveal that […]
Solana (SOL) has been making waves in the cryptocurrency industry, reaching an all-time high of $265 on November 23, 2024. The surge of Bitcoin toward the $100,000 mark and the enthusiasm for meme currencies were the catalysts for this remarkable rally. Solana-based tokens have experienced substantial gains in the past month, with some exceeding a […]
Shiba Inu lead developer Shytoshi Kusama has addressed inquiries regarding the ambitious goal to burn 99% of the circulating SHIB token supply. Kusama initially engaged with the community by inviting questions for his podcast, stating, “What a topic or question you want to hear answered on my podcast? #shyspeaks.” Burning 99% Of Shiba Inu Tokens […]
Traders have had a torrid start to the week, as over $500 million has been liquidated from the crypto market in the last 24 hours. This has been due to the Bitcoin price, which has continued to fluctuate heavily in recent times. $500 Million Liquidated As Bitcoin Price Fluctuates Coinglass data shows that over $500 […]
Business intelligence firm MicroStrategy has significantly increased its Bitcoin (BTC) purchases this month in response to the bullish sentiment following President-elect Donald Trump’s victory on November 5. The company’s recent acquisitions have pushed its total Bitcoin holdings to approximately $38 billion. Convertible Notes Fuel Massive Bitcoin Purchase On November 25, co-founder Michael Saylor announced via […]
Bitcoin has been on a remarkable upward trajectory, pushing above the $96,000 mark for several days after consolidating below the psychological $100,000 level. As the leading cryptocurrency, Bitcoin has consistently broken all-time highs over the past three weeks, with yesterday marking a milestone weekly close at $98,000—the highest in its history. CryptoQuant analyst Axel Adler […]
Toncoin (TON) has surged past the $6 mark, rekindling hopes for a sustained bullish rally. After facing a challenging period of bearish pressure, this recovery has sparked curiosity among investors and traders alike. The key question is whether the bulls have what it takes to maintain this momentum and push TON higher. As Toncoin navigates […]
Recent analysis suggests that the Ethereum price may be operating on an 8-year cycle, diverging from Bitcoin’s established 4-year cycle. This would explain the sheer underperformance of the Ethereum price in relation to the Bitcoin price since the beginning of the year. Keeping this in mind, technical analysis suggests that the Ethereum price still has […]
Ethereum has been trading at its highest levels since late July, hovering around $3,470. This marks a significant rebound for the second-largest cryptocurrency, which has managed to hold above the crucial 200-day moving average (MA) at $2,965. By maintaining this level, Ethereum confirmed a bullish price structure, paving the way for continued momentum as it […]
In a new analysis, prominent crypto analyst Miles Deutscher unveiled his thesis on a crypto he believes could rival Dogecoin in this market cycle. With a following of over 550,000 on X and 208,000 YouTube subscribers, Deutscher’s insights carry significant weight in the crypto community. Titled “I Just Found The Next DOGE! [10X Potential… Or […]
Over the past week, Stellar native cryptocurrency, XLM, has experienced a solid 180% increase, causing a stir in the cryptocurrency market. As the token approaches its all-time peak, investors and analysts are abuzz with excitement. Stellar’s market capitalization has reached $17.3 billion, surpassing Shiba Inu and approaching the top 10 cryptocurrencies, following an impressive 480% […]
Solana started a fresh increase above the $240 zone. SOL price is consolidating gains and might aim for an upside break above the $255 resistance. SOL price started a fresh increase after it settled above the $220 level against the US Dollar. The price is now trading below $255 and the 100-hourly simple moving average. […]
XRP price surged further above the $1.45 and $1.50 resistance levels. The price is now consolidating gains near $1.40 and might aim for more upsides. XRP price started a fresh surge above the $1.40 resistance level. The price is now trading above $1.350 and the 100-hourly Simple Moving Average. There is a new connecting bearish […]
Last week was another positive period for the Dogecoin price. After concluding the prior week in a phase of consolidation, the meme cryptocurrency carried this trend into the early days of the new week. However, the Dogecoin price kicked off a new 25% rally on Friday, November 22, to create a new 2024 high. Interestingly, […]
Bitcoin price is consolidating below the $100,000 resistance. BTC bulls might soon attempt to breach the stated milestone and push the price further higher. Bitcoin started a fresh increase above the $96,500 zone. The price is trading below $98,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with […]