Archives par catégorie: Business

Bitcoin Enters Wyckoff Distribution — Time For Altcoins To Shine?

Bitcoin Enters Wyckoff Distribution — Time For Altcoins To Shine?

The Bitcoin market has been showing signs of increasing selling pressure, with its recent price action hinting at an even deeper distribution phase unfolding beneath the surface.  Wyckoff Pattern Reveals Imminent Breakdown In an August 2 post on the social media platform X, crypto analyst Joao Wedson explained how the Bitcoin price may be at […]

Solana Brewing Cup-And-Handle Pattern Suggests Drop To $140 – Details

Solana Brewing Cup-And-Handle Pattern Suggests Drop To $140 – Details

Popular market analyst and key opinion leader (KOL), Ted Pillows, shares an insight into the Solana (SOL) market, stating the altcoin is likely to experience further price corrections in the short term. This price forecast comes amid a general crypto meltdown during which Solana prices have crashed by over 15% in a week. SOL Charts […]

More Work, Less Reward: Bitcoin Mining Toughens As Price Sinks To $113K

More Work, Less Reward: Bitcoin Mining Toughens As Price Sinks To $113K

Bitcoin’s network just got a lot tougher to mine while its price took a hit. According to data from CoinWarz, mining difficulty climbed to a record 127.6 trillion this week. At the same time, Bitcoin fell by 3%, touching an intraday low of $113,005 before edging back to $113,250 by 7:30 pm ET. Mining Difficulty […]

XRP Must Hold $2.65 Support Or Risk Major Breakdown – Analyst

XRP Must Hold $2.65 Support Or Risk Major Breakdown – Analyst

XRP prices are down by over 5% in the last day amid a broader price correction in the general crypto market. The prominent altcoin now trades around $2.81 with no indication of a potential pause in selling momentum. While this crisis persists, popular X analyst with the username Egrag Crypto has helped identify the currently […]

Bitcoin Inflows To Binance Accelerate: Investor Behavior Shifts After Months Of Decline

Bitcoin Inflows To Binance Accelerate: Investor Behavior Shifts After Months Of Decline

After weeks of consolidation within a tight range, Bitcoin has broken down below the crucial $115K level, reaching a local low around $112,200. This correction has sparked a divide among analysts and investors, with some viewing it as a healthy retracement that could set the stage for a continuation of the broader uptrend. Others, however, […]

Over 1-M Ethereum Withdrawn From Exchanges In 2 Weeks: Supply Shock Incoming?

Over 1-M Ethereum Withdrawn From Exchanges In 2 Weeks: Supply Shock Incoming?

Ethereum is undergoing a notable correction after an explosive rally that saw its price surge over 85% since late June. After reaching a local high near $3,940, ETH has pulled back approximately 13%, sparking debate among analysts about whether this is a healthy consolidation or a shift in market momentum. While some view the retracement […]

Ethereum Price Pulls Back To $3,500, But MVRV Signals Uptrend Continuation Likely

Ethereum Price Pulls Back To $3,500, But MVRV Signals Uptrend Continuation Likely

A breach of the $4,000 mark for the Ethereum price has looked almost like a certainty over the past two weeks, with the altcoin hovering around $3,900 in the last few days. However, this almost-certain event took a different turn after the price of ETH suddenly succumbed to severe bearish pressure. On Friday, August 1, […]

Litecoin Drifts Sideways—Intraday Action Tied To BTC Pulse

Litecoin Drifts Sideways—Intraday Action Tied To BTC Pulse

Providing an update on Litecoin’s daily technical setup, Cryptowzrd noted in a recent X post that LTC closed the session indecisively as LTCBTC responded to a spike in Bitcoin Dominance (BTC.D). With Bitcoin continuing to dictate overall market direction, the analyst mentioned plans to monitor LTC’s intraday chart for a potential quick scalp opportunity. LTCBTC […]

Bitcoin Long-Term Holders May Be Selling, But Is The Bull Run Really Over?

Bitcoin Long-Term Holders May Be Selling, But Is The Bull Run Really Over?

The Bitcoin price kicked off the weekend in the worst way possible, falling beneath the $115,000 level for the first time since early July. Considering the supposed significance of this price mark, there have been questions about how much headroom the price of Bitcoin still has. The latest on-chain data suggests that the Bitcoin bull […]

Altcoin Rally To Commence When These 2 Signals Activate – Details

Altcoin Rally To Commence When These 2 Signals Activate – Details

The altseason fanfare remains on the rise despite a broad altcoin rally two weeks ago that has quickly evaporated in a wider market correction. As investors continue to await a potential rebound from these price dips, a popular analyst with X user PlanD has highlighted the two crucial signals that may initiate an altcoin market […]

Bitcoin From 2009 Awakens—Is The $30-M Move A Warning Sign?

Bitcoin From 2009 Awakens—Is The $30-M Move A Warning Sign?

Five long-dormant Bitcoin wallets sprang back to life on July 31, moving a total of 250 BTC—nearly $30 million at today’s rates. That’s money mined on April 26, 2010, during Bitcoin’s earliest tests. Traders saw the shift and paused, wondering if a massive sell-off was coming after more than 15 years of silence. Early Coins […]

Satoshimeter Shows Where Bitcoin Price Is In This Cycle

Satoshimeter Shows Where Bitcoin Price Is In This Cycle

The Bitcoin price surge above $120,000 has reignited speculation about where the flagship cryptocurrency stands in the current cycle. While price action alone offers only part of the picture, on-chain data from the Satoshimeter indicator suggests that Bitcoin is still firmly in the mid-phase of its cycle, pointing to significant potential ahead in its long-term […]

3 Key Ethena (ENA) Support Levels To Monitor – Analyst

3 Key Ethena (ENA) Support Levels To Monitor – Analyst

Ethena (ENA) prices are presently in the red zone during a broader crypto market correction. According to data from CoinMarketCap, the DeFi token recorded a significant 2.00% loss in the past day, with prices presently set hovering around $0.55.  Amidst this price decline, top market analyst Ali Martinez has identified the major support regions that […]

No Gold? No Problem: Why XRP Stands Strong On Its Own—Analyst

No Gold? No Problem: Why XRP Stands Strong On Its Own—Analyst

Reports have disclosed that XRP community commentator Versan Aljarrah says XRP could gain a link to gold without actually holding bullion. According to Aljarrah, XRP would simply move gold-backed stablecoins across the XRP Ledger. The commentator argues that this role would give XRP a “synthetic connection” to tokenized assets like gold and oil, even though […]

Market Cap Not A Hindrance To XRP Price Reaching $1,000, Expert Explains Why

Market Cap Not A Hindrance To XRP Price Reaching $1,000, Expert Explains Why

The long-standing debate over XRP’s price ceiling is still a strong discussion. In a recent post on social media platform X, fintech analyst Armando Pantoja argued that the notion of market capitalization limiting XRP’s rise to $1,000 is fundamentally flawed. His comment came alongside a short video clip in which he draws comparisons between crypto […]

Exchanges Receive 21,400 Bitcoin At A Loss From Short-Term Holders – Retail Capitulation?

Exchanges Receive 21,400 Bitcoin At A Loss From Short-Term Holders – Retail Capitulation?

Bitcoin has broken below the critical $115K support level, reaching a new local low of approximately $112,700. After spending over two weeks consolidating in a tight range, BTC has now exited this phase with bearish momentum, raising concerns across the market. Traders and analysts are closely watching to see if Bitcoin can find strong demand […]

Spot Ethereum ETFs Set A New Record In July With $5.4 Billion Monthly Inflow

Spot Ethereum ETFs Set A New Record In July With $5.4 Billion Monthly Inflow

In a powerful show of investor confidence, spot Ethereum exchange-traded funds (ETFs) broke all records in July with $5.43 billion in net inflows. It marks the highest monthly inflow since their market debut and reflects a sharp 369% rise from June’s inflow of $1.16 billion.  With 20 straight days of net inflows, spot ETH ETFs […]

Ethereum New Addresses Surge To Nearly 257K In A Day, Matching 2017 And 2021 Bull Markets

Ethereum New Addresses Surge To Nearly 257K In A Day, Matching 2017 And 2021 Bull Markets

Ethereum has entered a correction phase after weeks of aggressive buying pressure that pushed the price to a local high of $3,940. Following this rally, ETH has retraced over 12%, breaking below the $3,450 level as the market digests recent gains. The sharp pullback has sparked concerns of a deeper correction; however, on-chain data and […]

Ethereum Price Crash: What’s Happening And Where ETH Is Headed Next

Ethereum Price Crash: What’s Happening And Where ETH Is Headed Next

Crypto analyst Marcus Corvinus has commented on the Ethereum price crash, providing optimism about the altcoin’s recent decline. The analyst explained the current price action and suggested that this was simply a minor setback before another parabolic uptrend to new highs.  Ethereum Price Action And ETH’s Next Targets In an X post, Marcus Corvinus said […]