Archives par catégorie: Business

Bitcoin Holders In Profit Hits 95%: Is BTC Overheating?

Bitcoin Holders In Profit Hits 95%: Is BTC Overheating?

On-chain data shows around 95% of all Bitcoin holders are in profit following the latest bullish action that the asset’s price has seen. Very Few Bitcoin Addresses Are Still Underwater In a new post on X, the market intelligence platform IntoTheBlock has shared an update on how the Bitcoin holder’s profitability is currently looking. The […]

Ethereum Leverage Increases: Analyst Predicts Longs Could Benefit

Ethereum Leverage Increases: Analyst Predicts Longs Could Benefit

Recent reports have revealed that Ethereum has had a challenging run, underperforming compared to other major cryptocurrencies. However, despite this, some positive signs may be on the horizon. According to a CryptoQuant analyst, Percival, Ethereum’s open interest has increased significantly, indicating rising investor optimism for a potential rally. Potential For Ethereum Rally And Longs Benefit […]

Ethereum Price Consolidates: Preparing for the Next Move Higher?

Ethereum Price Consolidates: Preparing for the Next Move Higher?

Ethereum price is consolidating gains above the $2,580 resistance. ETH could gain pace if it clears the $2,650 resistance zone. Ethereum remained in a positive zone above the $2,550 and $2,580 resistance levels. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support […]

Bitcoin Trades Below Global Prices In South Korea, Erasing Long-Standing ‘Kimchi Premium’ – Here’s Why

Bitcoin Trades Below Global Prices In South Korea, Erasing Long-Standing ‘Kimchi Premium’ – Here’s Why

Bitcoin (BTC) is trading slightly lower in South Korea compared to the global cryptocurrency markets due to a reverse ‘kimchi premium,’ not seen since October 2023. Reverse ‘Kimchi Premium’ Makes Bitcoin Cheaper In South Korea According to a report by The Korea Times, there is a price differential of more than $500 between Bitcoin’s price […]

Bitcoin Price Positioned for More Upside: Can It Keep Climbing?

Bitcoin Price Positioned for More Upside: Can It Keep Climbing?

Bitcoin price holding gains above the $67,000 resistance zone. BTC is now consolidating and aiming for more gains above the $68,350 resistance. Bitcoin remained stable and extended gains above the $67,500 zone. The price is trading above $67,400 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support […]

Bitcoin’s Bull Rally Hinges On $57K Support Level—Here’s Why It Matters

Bitcoin’s Bull Rally Hinges On $57K Support Level—Here’s Why It Matters

Bitcoin (BTC) has continued its ascent in recent weeks, reclaiming major highs. However, recent analysis suggests that the $57,000 level could be one of the most critical support points for the ongoing bull rally. This insight comes from a CryptoQuant analyst, Burak Kesmeci, who highlighted the role of Bitcoin Spot Exchange-Traded Funds (ETFs) in shaping […]

XRP Price Prediction: Analysts Turn Bullish As ‘Something Big Is Coming’, Here’s What

XRP Price Prediction: Analysts Turn Bullish As ‘Something Big Is Coming’, Here’s What

Crypto analysts Amonyx and Egrag Crypto have provided a bullish outlook for the XRP price with “something big” on the horizon. Based on their analysis, the long-awaited price breakout for XRP could soon happen.  Something Big Is Coming For XRP Price Crypto analyst Amonyx stated in an X post that something big is coming for […]

Bitcoin Whale Transfers See Massive Spike: Sign Of Profit-Taking?

Bitcoin Whale Transfers See Massive Spike: Sign Of Profit-Taking?

On-chain data shows the Bitcoin whale transactions have spiked following the latest rally, a sign that profit-taking may have begun. Bitcoin Whale Transaction Count Now Highest In Over 10 Weeks According to data from the on-chain analytics firm Santiment, the Bitcoin whales have shown an increase in activity recently. The indicator of relevance here is […]

Bitcoin ETFs See $1.6B Inflows This Week – Is BTC Reaching A New ATH Soon?

Bitcoin ETFs See $1.6B Inflows This Week – Is BTC Reaching A New ATH Soon?

Bitcoin is holding strong above $67,000 after setting a new local high of around $68,300, fueling excitement among investors. This bullish momentum is driven by price action and supported by key market data signaling a potential uptrend continuation. Daan, a top crypto analyst, shared crucial insights showing that Bitcoin ETFs have been buying heavily for […]

BTC Held On Exchanges Hits Lowest Point In 5 Five Years, Here’s What It Means For Bitcoin Price

BTC Held On Exchanges Hits Lowest Point In 5 Five Years, Here’s What It Means For Bitcoin Price

The Bitcoin price has already been up by 10% in the past seven days, breaking above the $67,000 mark again in the last few hours. The Coinmarketcap Fear And Greed Index has now switched to greed in light of recent buying momentum and is showing no signs of slowing down. The buying pressure on Bitcoin […]

Cardano Bullish Pattern Suggests A Breakout – Can ADA Reach $0.54?

Cardano Bullish Pattern Suggests A Breakout – Can ADA Reach $0.54?

Cardano (ADA) is crucial following days of heightened volatility and excitement among crypto investors. While other altcoins have experienced significant pumps, Cardano has yet to see the same breakout, leaving analysts and traders searching for confirmation of a bullish trend.  Despite the lack of a major move, optimism remains high for ADA as market watchers […]

Dogecoin Jumps Over 16% In The Last Week — More Gains To Come?

Dogecoin Jumps Over 16% In The Last Week — More Gains To Come?

Dogecoin (DOGE), initially a mere meme, is demonstrating significant market strength once more. On October 16, 2024, the prominent cryptocurrency surged by 16% in the weekly frame, to the delight of investors. The price surge is accompanied by a substantial rise in trading volume, which has increased by 90% in the last 24 hours, as […]

Solana’s Dogwifhat Meme Coin Flashes Buy Signal At $2.5, Is It Time To Jump In?

Solana’s Dogwifhat Meme Coin Flashes Buy Signal At $2.5, Is It Time To Jump In?

According to a technical indicator, Solana-based meme coin Dogwifhat is gearing up for an upside move. Top analyst Ali Martinez recently shared a bullish perspective for Dogwifhat on social media platform X, with the TD Sequential indicator indicating a buy signal. TD Sequential Flashes Buy Signal At $2.5 As Ali Martinez noted, the TD Sequential […]

Turbo Team Selling After The AI Meme Coin Flies To New All-Time High: Time To Exit?

Turbo Team Selling After The AI Meme Coin Flies To New All-Time High: Time To Exit?

Turbo is trending at around all-time highs. The upswing started in mid-September and initiated a move up that saw the AI meme coin break above local resistances, which is now supported and propelling valuation to record highs. At press time, TURBO is changing hands at $0.010 but is down nearly 20% from this week’s highs. […]

Is $100,000 Bitcoin Possible? Analyst Breaks Down Major Catalysts

Is $100,000 Bitcoin Possible? Analyst Breaks Down Major Catalysts

As Bitcoin (BTC) edges closer to the $70,000 mark, the crypto community is abuzz with predictions of a potential surge to $100,000, accompanied by a significant altcoin season. Amidst this fervor, crypto analyst Axel Bitblaze has provided an analysis on X, examining whether the necessary liquidity and catalysts are in place to propel Bitcoin to […]

Analyst Says This Bitcoin Price Rally Has A ‘Different Ring To It’, Places Next Target At $109,000

Analyst Says This Bitcoin Price Rally Has A ‘Different Ring To It’, Places Next Target At $109,000

A new Bitcoin price target has been set at $109,000, with an analyst predicting that the pioneer cryptocurrency could surge to this projected level before the end of the year. This bullish forecast comes as Bitcoin experiences new momentum that has pushed its price well above $67,000.   New Bitcoin Target Set At $109,000 A Bitcoin […]

New Grayscale ETF Aims To Include Major Cryptos: Bitcoin, Ether, Solana, And XRP

New Grayscale ETF Aims To Include Major Cryptos: Bitcoin, Ether, Solana, And XRP

Crypto asset manager Grayscale is in the process of converting its Grayscale Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF), according to Bloomberg ETF expert Eric Balchunas.  The strategic move aims to provide investors with a diversified portfolio that includes major digital assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP and […]

BNB Rejection At Key Level Hints At A Potential Price Correction

BNB Rejection At Key Level Hints At A Potential Price Correction

BNB has faced a significant rejection at a critical resistance level, raising concerns among traders about a potential price correction. After an impressive rally, the momentum has faltered, leaving the cryptocurrency at a crossroads.  This key level has proven to be a formidable barrier, indicating that selling pressure may be increasing as bears step in. […]

Why This Crypto Asset Is Bitwise CIO’s Best Contrarian Bet Right Now

Why This Crypto Asset Is Bitwise CIO’s Best Contrarian Bet Right Now

In an interview with Aaron Arnold, founder of Altcoin Daily, Matt Hougan, the Chief Investment Officer (CIO) of Bitwise Asset Management, shared his optimistic outlook on Ethereum for 2025. Amidst a crypto landscape where Bitcoin and emerging high-performance blockchains like Solana, Sui, and Aptos dominate headlines, Hougan positions Ethereum as a “contrarian bet” that may […]