Archives par catégorie: Business

Ethereum Holds Key Support To Set A $6,000 Target – Analyst

Ethereum Holds Key Support To Set A $6,000 Target – Analyst

Ethereum (ETH) is showing strength, finding support at a critical level around $2,400 and pushing to local highs near $2,800. Top analyst Ali Martinez shared a technical analysis highlighting Ethereum’s potential to break out. Holding this key level suggests ETH could be on the verge of a significant rally.  Martinez’s analysis points to a large […]

Can Bitcoin Hit $200,000 Only If The Dollar Falls? Bitwise CIO Answers

Can Bitcoin Hit $200,000 Only If The Dollar Falls? Bitwise CIO Answers

Matt Hougan, Chief Investment Officer of Bitwise Asset Management, addressed a pressing question among investors: Does the US dollar need to collapse for Bitcoin to reach a valuation of $200,000 per coin? Hougan’s analysis suggests that Bitcoin’s ascent to such a price level does not depend on a decline in the US dollar’s value but […]

Crypto Analyst Says Bitcoin Price Is Approaching Strongest Part Of The Bull Run, Here’s The Target

Crypto Analyst Says Bitcoin Price Is Approaching Strongest Part Of The Bull Run, Here’s The Target

Crypto analyst Tony Severino has said that the Bitcoin price is approaching the strongest part of the bull run. Based on his analysis, Tony provided insights into how high the flagship crypto could rise as it approaches its peak in this market cycle.  Bitcoin Price Target For Strongest Part Of This Bull Run Tony revealed […]

On The Verge Of History: Bitcoin Breaks $73,000 Barrier, Eyes New Record High – Details

On The Verge Of History: Bitcoin Breaks $73,000 Barrier, Eyes New Record High – Details

Bitcoin’s bullish trend continues for another day, breaking the $73,000 barrier, as several market conditions seem to favor the world’s biggest cryptocurrency. According to data, Bitcoin jumped by 6% to hit $73,544 late Tuesday, its highest market price since March 14th. With this latest price surge, Bitcoin’s October gain is up by 13%, better than […]

Bitcoin Bullish: Trader Profit-Taking Stays Low Despite $71,000 Break

Bitcoin Bullish: Trader Profit-Taking Stays Low Despite $71,000 Break

On-chain data shows the Bitcoin short-term holders have only been taking minimal profits recently despite the asset’s latest rally. Bitcoin Short-Term Holder SOPR Is Currently At Relatively Low Levels As pointed out by an analyst in a CryptoQuant Quicktake post, the short-term holder SOPR is still under the range that has signaled overheated conditions for […]

Dormant Bitcoin Wallet From 2012 Awakens, Moving Millions—BTC Price To Dip?

Dormant Bitcoin Wallet From 2012 Awakens, Moving Millions—BTC Price To Dip?

A Bitcoin wallet containing around 749 BTC, equivalent to roughly $53.2 million, has been reactivated after nearly 12 years of inactivity. This sudden move in funds was detected in the early hours of Tuesday, as blockchain tracking platforms such as Mempool and Whale Alert recorded a transfer of approximately 159.2 BTC, valued at $11.3 million, […]

Dogecoin Metrics Reveal Increasing Network Activity – Is DOGE Ready To Break Yearly Highs?

Dogecoin Metrics Reveal Increasing Network Activity – Is DOGE Ready To Break Yearly Highs?

Dogecoin (DOGE) has surged over 39% recently, sparking renewed euphoria and optimism among traders and investors. Key metrics from IntoTheBlock reveal that DOGE network activity has spiked multiple times over the past month, a sign of increased engagement that suggests the meme coin could be primed for more gains.  As Bitcoin nears its all-time high, […]

Bitcoin Needs Daily Close Above $76,000 To Confirm True Breakout: Analyst

Bitcoin Needs Daily Close Above $76,000 To Confirm True Breakout: Analyst

Bitcoin (BTC) is closing in on its all-time high (ATH), bringing excitement among bulls. However, seasoned analyst Peter Brandt advises caution, urging bulls to stay excited yet avoid becoming dogmatic. Bitcoin Breakout Yet To Be Confirmed After a lackluster start to October – a historically bullish month for Bitcoin – the digital asset is exchanging […]

Cardano (ADA) NVT Ratio Now Highest Since June: What Does It Mean?

Cardano (ADA) NVT Ratio Now Highest Since June: What Does It Mean?

On-chain data shows that Cardano’s Network Value to Transactions (NVT) Ratio has surged recently. Here’s what this could imply for ADA’s price. Cardano NVT Ratio Has Surged To Its Highest Level Since June In a new post on X, the market intelligence platform IntoTheBlock discusses the latest trend in Cardano’s NVT Ratio. The “NVT Ratio” […]

Solana Memecoin Market Thrives: POPCAT Reaches New Record Price Of $1.75

Solana Memecoin Market Thrives: POPCAT Reaches New Record Price Of $1.75

The Solana (SOL) memecoin ecosystem is regaining traction with investors as Bitcoin (BTC) leads the overall market recovery, approaching its previous record high of $73,700 set in March. This renewed interest is reflected in the performance of Popcat (POPCAT), one of the outstanding and best-performing tokens in the Solana memecoin space over the past month. […]

Bitcoin Rips Above $70,000: Is The Post-Halving Advance Officially On?

Bitcoin Rips Above $70,000: Is The Post-Halving Advance Officially On?

Bitcoin is on a tear, easing past the psychological round number at $70,000. At press time, the world’s most valuable coin is approaching $72,000, a critical resistance level that marks June 2024 highs. Bitcoin Breaks Above $70,000 And Descending Triangle As buyers press on, reversing losses of the second half of last week and soaring […]

XRP Price on The Verge: Can It Shake Free and Surge Ahead?

XRP Price on The Verge: Can It Shake Free and Surge Ahead?

XRP price is attempting a fresh increase above the $0.5150 zone. The price could gain bullish momentum if it settles above the $0.5500 resistance zone. XRP price is eyeing more gains above the $0.5350 zone. The price is now trading above $0.5220 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line […]

Dogecoin (DOGE) Rockets Ahead: Will the Rally Hold?

Dogecoin (DOGE) Rockets Ahead: Will the Rally Hold?

Dogecoin is up over 20% and trading above the $0.1650 support zone against the US Dollar. DOGE must clear the $0.1780 resistance to continue higher. DOGE price started a major increase above the $0.1500 resistance level. The price is trading above the $0.1650 level and the 100-hourly simple moving average. There is a key bullish […]

Ethereum Price Lags While Bitcoin Moves Toward New ATH

Ethereum Price Lags While Bitcoin Moves Toward New ATH

Ethereum price started a fresh increase above the $2,580 resistance. ETH is still very far from a new all-time high while Bitcoin is near ATH. Ethereum started a decent increase above the $2,620 zone. The price is trading above $2,580 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with […]

Stablecoins Signal Strong Bitcoin Demand: Could BTC Renew Its ATH Soon?

Stablecoins Signal Strong Bitcoin Demand: Could BTC Renew Its ATH Soon?

The recent activity in Bitcoin price and demand metrics suggests a potential resurgence in market interest, which could lead to a renewed all-time high. So far, Bitcoin has recently achieved a significant price rebound, reclaiming a trading level above $70,000 after a sustained period of resistance just below this price mark. This uptrend follows a […]

Bitcoin Volatility To Peak By November 8 As ‘Trump Trade’ Intensifies – Report

Bitcoin Volatility To Peak By November 8 As ‘Trump Trade’ Intensifies – Report

According to Bitfinex, Bitcoin (BTC) volatility is set to intensify over the next week. A “potent mix” of geopolitical and macroeconomic factors has significantly influenced the flagship crypto’s performance, with anticipation for the outcome of the US election and Q4’s close setting a potential target of $80,000 by year-end. Bitcoin Volatility About To Reach Its […]

Musk’s Revelation Sparks 15% Dogecoin Spike After Trump Rally Appearance

Musk’s Revelation Sparks 15% Dogecoin Spike After Trump Rally Appearance

Investors got excited as Dogecoin experienced a big price upsurge making it the best-performing cryptocurrency in the last 24 hours after a massive campaign rally by presidential candidate Donald Trump. Dogecoin’s price spiked following the disclosure that the Tesla CEO is being considered as the head of a proposed department. Musk As Gov’t Efficiency Head […]

Bitcoin Price Breaks Out Of 7-Month Descending Broadening Wedge Pattern For Continuation Above $70,000

Bitcoin Price Breaks Out Of 7-Month Descending Broadening Wedge Pattern For Continuation Above $70,000

Recent market inflows and dynamics have seen the Bitcoin price breaking free from a 7-month descending broadening wedge pattern. According to crypto analyst Gert van Lagen, Bitcoin’s breakout last week could signal the onset of a major price continuation phase as the bulls aim above the $70,000 mark. Particularly, Van Lagen highlighted that Bitcoin’s ability […]

Record-Breaking Day: Spot Bitcoin ETF Trading Exceeds $3 Billion As BTC Eyes Record Peak

Record-Breaking Day: Spot Bitcoin ETF Trading Exceeds $3 Billion As BTC Eyes Record Peak

As Bitcoin (BTC), the largest cryptocurrency by market capitalization, inches closer to its all-time high of $73,700 reached in March, the US spot Bitcoin ETF market has re-emerged as a key driver of the cryptocurrency’s recent price surge. On Tuesday, total trading volume for spot Bitcoin ETFs surpassed $3 billion, coinciding with Bitcoin’s price briefly […]