According to a recent X post by crypto trader Coinvo, Ethereum (ETH) is ‘insanely undervalued’ at its current price. Several on-chain metrics appear to support Coinvo’s assessment, as ETH accumulation addresses continue to stack the digital asset despite lackluster price performance over the past few years. Ethereum May Be Due A Rally Soon Although ETH […]
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XRP price found support at $2.080 and started a fresh increase. The price is now facing resistance near $2.1650 and struggling to continue higher. XRP price started a recovery wave from the $2.080 zone. The price is now trading below $2.170 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]
Ethereum price started a downside correction and tested the $1,750 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,800 resistance. The price is trading above $1,800 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line […]
Bitcoin price started a downside correction and tested the $94,000 zone. BTC is again rising and might aim for a move toward the $98,000 resistance. Bitcoin started a decent increase above the $95,500 resistance zone. The price is trading above $95,500 and the 100 hourly Simple moving average. There was a break above a connecting […]
With the Federal Open Market Committee set to announce its May 7 policy decision, Bitcoin traders face a macro‑driven inflection point that could define price action into the summer. The Federal Reserve, under Chair Jerome Powell, is all but certain to keep the fed‑funds corridor at 4.25 to 4.50 percent; CME Group’s FedWatch tool assigns a 98.2 percent probability […]
Riot Platforms sold 475 Bitcoin worth $38.8 million in December as profit margins narrow throughout the mining sector. The Colorado firm, the second-largest publicly traded Bitcoin miner by market capitalization, sold the cryptocurrency at an average price of $81,731 per coin, Monday’s operations update disclosed. Mining Profits Narrow Following Bitcoin Halving Event The sell-off follows […]
The XRP price continues to show strong bullish signals in the medium term, with a crypto analyst forecasting a significant move to a new ATH. Despite ongoing market fluctuations, the cryptocurrency continues to hold key levels, maintaining a bullish path toward the $5 target. Elliott Wave Maps Out XRP Price Path To $5 XForceGlobal, a […]
On-chain data shows the Bitcoin network activity has recently declined into the bear market zone. Here’s what this could mean for the asset. CryptoQuant’s Bitcoin Network Activity Index Is Flashing A Bear Market Signal As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin Network Activity Index has recently been inside the […]
Ethereum is under pressure after failing to break above the $1,874 high set on May 1st, a level that now acts as stiff resistance. As the broader crypto market begins to heat up, Ethereum remains stuck in a tight range, lacking the momentum to confirm a breakout. Currently trading just above $1,800, ETH sits at […]
Crypto analyst Tolimanu has used the Elliott Wave Theory to provide insights into where Bitcoin currently is in this market cycle. Based on his analysis, the bull run is not yet over, with the flagship crypto set to reach new highs. Elliot Wave Theory Shows Bitcoin’s Current Position In This Cycle In an X post, […]
Shiba Inu (SHIB) might have its price increase more than fivefold from where it is now, based on recent market analysis. The meme coin trades at $0.0000125, down 3% from its daily high and 9% within the last seven days. In spite of these latest plunges, an analyst is optimistic about SHIB’s prospects. Price Target […]
Cardano (ADA) is trading at a critical juncture after several days of sideways consolidation around the $0.70 level. While bulls have attempted to defend this zone, upward momentum has faded, and selling pressure is beginning to mount. The market appears hesitant, with traders uncertain about the next directional move amid growing volatility across the crypto […]
A major accumulation trend is currently ongoing for XRP, with crypto whales actively adding to their positions. This provides a bullish outlook for the altcoin, considering it could break out from its current range following this accumulation phase. XRP Whales On The Rise In an X post, crypto analyst Kyle revealed that over 300,000 addresses […]
At Sui Basecamp, macro investor and Real Vision co-founder Raoul Pal delivered a characteristically sweeping address that framed the current crypto market environment as the beginning of what he called a “liquidity-driven supercycle” — with Bitcoin potentially reaching $450,000 before the end of it. Drawing from over three decades of macroeconomic research, Pal outlined his […]
A growing number of public firms may begin purchasing Bitcoin in substantial quantities in the next five years, with more than $300 billion potentially entering the cryptocurrency by 2030. That’s what researchers at Bernstein, an asset manager that monitors corporate appetite for Bitcoin, say in a new report. Their estimates hinge on the assumption that […]
Ripple, the blockchain technology company, has announced a significant commitment of $25 million aimed at supporting US classrooms and teachers. This initiative is designed to equip both students and educators with essential resources to improve academic outcomes, foster economic resilience, and prepare for a rapidly changing job market. Ripple’s $25 Million Initiative Despite the known […]
In a post on X, crypto analyst Dr Cat (@DoctorCatX) laid out a detailed road map for the XRP/BTC pair that hinges on both the thickness of the monthly Ichimoku cloud and Bitcoin’s eventual trajectory toward six-figure territory. The analyst’s working target is a test of 5,200 satoshis by June—a level that “must fight three […]
Worldcoin ($WLD), the native crypto of the Altman-backed ‘World Orb’ eye-scanning project, is now available in most parts of the US. Tools for Humanity’s ‘World orb’ is an initiative by the OpenAI founder that offers people $WLD in exchange for scanning their eyes. The project aims to develop $WLD as a blockchain-based global ID, which […]
Bitcoin dipped marginally after reaching a new peak above $97,000 on May 2. It retreated to just below $94,000, a 3% to 4% decline from its recent high. Although short-term price movements are keeping traders nervous, longer-term on-chain data is beginning to exhibit signs that may influence what happens next. Index Reading Indicates A Potential […]
As Bitcoin (BTC) inches closer to the coveted $100,000 mark, optimism in the broader cryptocurrency market is palpable. Following a recovery that saw Bitcoin rise to approximately $97,800 last week, it has since retraced to around $94,340, reflecting a slight 0.4% decrease over the last 24 hours, according to CoinGecko data. This comes on the […]