Archives par catégorie: Business

Ethereum Set to Eclipse Bitcoin: ETFs Could Catapult ETH to New Heights — K33 Research

Ethereum Set to Eclipse Bitcoin: ETFs Could Catapult ETH to New Heights — K33 Research

As the global financial markets prepare to launch U.S.-based spot Ethereum exchange-traded funds (ETFs), Ethereum is positioned to potentially outperform Bitcoin, according to a new analysis by K33 Research. This comes amid concerns that Bitcoin might face downward pressure due to upcoming repayments to creditors of the defunct Mt. Gox exchange. ETF Launch to Begin […]

XRP Price Ready for Bullish Spike: Fading Bearish Momentum and Solid Support

XRP Price Ready for Bullish Spike: Fading Bearish Momentum and Solid Support

XRP price extended losses and tested the $0.4440 support zone. The price is correcting losses sharply and might soon retest the $0.4720 resistance. XRP price is correcting losses from the $0.4440 support zone. The price is now trading below $0.4650 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend […]

Bitcoin Price Takes a 5% Hit: Can Bulls Save The Week?

Bitcoin Price Takes a 5% Hit: Can Bulls Save The Week?

Bitcoin price failed to start a fresh increase above the $62,850 resistance zone. BTC started another decline and tumbled 5% to test $58,000. Bitcoin started a fresh decline and traded below the $60,000 zone. The price is trading below $61,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming […]

200 Million XRP Tokens On The Move, Where Are They Headed?

200 Million XRP Tokens On The Move, Where Are They Headed?

On-chain transaction data shows the XRP ecosystem recently witnessed an enormous movement of 200 million XRP tokens worth $94.5 million ahead of the periodic unlock from escrow. This transaction was recorded on-chain on June 30 between two unknown wallets, indicating it isn’t an escrow unlock. Although the periodic unlock has already been completed since this […]

Ethereum Price Plummets: Potential Recovery Hindered by Bearish Pressure

Ethereum Price Plummets: Potential Recovery Hindered by Bearish Pressure

Ethereum price failed to clear the $3,520 zone and started a fresh decline. ETH dived below the $3,250 support and even tested the $3,150 zone. Ethereum started a fresh decline below the $3,320 and $3,250 levels. The price is trading below $3,250 and the 100-hourly Simple Moving Average. There is a key bearish trend line […]

Bitcoin Is Up 2X But Speculators Are Underwater: Will The Sell-off Continue?

Bitcoin Is Up 2X But Speculators Are Underwater: Will The Sell-off Continue?

Bitcoin is down at press time, wiping the weekend’s gains and inching closer to $60,000. If bears press on, increasing their shorts, the odds of the coin sliding below the psychological number and $56,800 remain high. Glassnode: STHs Are In Red As the world’s most valuable coin finds itself at a critical juncture, fast approaching […]

Longest Miner Capitulation Since 2022 Signals Potential Bitcoin Rally Ahead

Longest Miner Capitulation Since 2022 Signals Potential Bitcoin Rally Ahead

Bitcoin (BTC) has recently struggled to regain bullish momentum, remaining in a consolidation phase just above the crucial $60,000 support. Despite reaching an all-time high three months ago, the largest cryptocurrency witnessed a dip to as low as $59,500 on Wednesday due to increased selling pressure from miners. BTC Selling Spree The ongoing miner capitulation, […]

British Mega Bank Standard Chartered Says Bitcoin Will Hit $100,000, Here’s When

British Mega Bank Standard Chartered Says Bitcoin Will Hit $100,000, Here’s When

British mega bank Standard Chartered has made a bullish prediction for Bitcoin (BTC), the world’s largest cryptocurrency. The multinational bank has projected that Bitcoin will surge as high as $100,000 from its current price of above $60,000. Bitcoin To Reach $100,000 By US Election Day In a Tuesday note, Standard Chartered’s head of forex and […]

These Are The Altcoins In Buy Zone, Analytics Firm Reveals

These Are The Altcoins In Buy Zone, Analytics Firm Reveals

The on-chain analytics firm Santiment has revealed the altcoins that are currently in the historical buy zone according to a fair value model. A Large Amount Of Altcoins Are Currently Near The Opportunity Zone In a new post on X, Santiment talked about what the various assets in the cryptocurrency sector are looking like right […]

Kamala Horris (KAMA) Surges 1600% Amid Speculation Of Biden Exiting Presidential Race

Kamala Horris (KAMA) Surges 1600% Amid Speculation Of Biden Exiting Presidential Race

In a recent report by Reuters, speculation has emerged regarding the possibility of President Joe Biden withdrawing from the race for the White House, leading to a surge in interest around the newly created Kamala Horris (KAMA) meme coin.  These developments have sparked intrigue in political circles and garnered attention within the cryptocurrency industry. Biden’s […]

Ethereum DApps On Fire: Volume Soars Over 90% — Good For ETH Price?

Ethereum DApps On Fire: Volume Soars Over 90% — Good For ETH Price?

Ethereum (ETH) has become a beacon in the sea of blockchains, boasting a staggering 92% surge in dApp (decentralized application) volume over the past week. This news, however, comes with a layer of complexity, revealing a landscape of both opportunity and potential setbacks for the leading blockchain. Cheap Gas Fuels The Fire Analysts attribute the […]

Bitcoin Price Drops Below $60,000: Key Reason Explained

Bitcoin Price Drops Below $60,000: Key Reason Explained

The Bitcoin price has fallen to a low of $59,604 today, marking a 4% decrease. According to several renowned crypto analysts, this movement was largely driven by the phenomenon known as the CME gap, a concept critical in Bitcoin futures trading at the Chicago Mercantile Exchange (CME). Why Is Bitcoin Down Today? A “CME gap” […]

Analyst Says Bitcoin Is Hitting Range Bottom, “Right Before The Fireworks”

Analyst Says Bitcoin Is Hitting Range Bottom, “Right Before The Fireworks”

Crypto analyst Quinten François has provided an ultra-bullish narrative for the Bitcoin future trajectory. The analyst suggested that things are about to get interesting for the flagship crypto, predicting it could rise to as high as $4.5 million.  The “Fireworks” Are Just About To Begin For Bitcoin While highlighting the significance of Bitcoin’s fourth halving, […]

Avalanche On The Verge: Will AVAX Break Out And Reach $65?

Avalanche On The Verge: Will AVAX Break Out And Reach $65?

Avalanche (AVAX), the smart contracts platform known for its fast transaction speeds, is stirring excitement in the crypto world. With a recent price dip seemingly nearing its end, analysts are eyeing a potential breakout that could propel AVAX to new highs. However, amidst the bullish whispers, experts advise a dose of cautious optimism before investors […]

FET Bearish Descent Targets Key $0.966 Level, More Dips Ahead?

FET Bearish Descent Targets Key $0.966 Level, More Dips Ahead?

Artificial Superintelligence Alliance (FET) is experiencing a prolonged bearish trend, pushing its price closer to the critical $0.966 support level. This sustained downward pressure has raised concerns among investors, as the cryptocurrency continues to extend its bearish momentum.  The $0.966 resistance mark now serves as a significant point of interest, determining whether FET can reverse […]

Toncoin Price Inches Closer To All-Time High – Will TON Hit $8 This Week?

Toncoin Price Inches Closer To All-Time High – Will TON Hit $8 This Week?

Toncoin (TON), with its history of wild price fluctuations, perfectly embodies the volatility that thrives in the cryptocurrency market. Prices often experience dramatic swings that can make even the most seasoned investors dizzy. However, recent trends suggest TON might be entering uncharted territory – a period of eerie stability. This unexpected calm has set tongues […]

Experts Eye Spot Ethereum ETF Launch By Mid-July, Predict Price Rally

Experts Eye Spot Ethereum ETF Launch By Mid-July, Predict Price Rally

The crypto industry is on the verge of a potentially significant development as key figures in the sector hint at the imminent approval of a spot Ethereum ETF in the United States, possibly triggering a notable price rally for ETH. Nate Geraci, president of The ETF Store, shared insights into the expected timeline for the […]

Market Expert Sees Big Things For LDO: $6 Price Increase On The Horizon?

Market Expert Sees Big Things For LDO: $6 Price Increase On The Horizon?

Lido DAO (LDO), the innovative liquid staking solution on the Ethereum network, has been on a wild ride lately. After a stellar run, the past week saw LDO plummet 24%, mirroring the broader cryptocurrency market’s turbulence. However, amidst the dip, a sense of cautious optimism flickers among investors, fueled by potential market shifts and bullish […]

Cardano Breaks Out Of Falling Wedge Pattern, Analyst Predicts 70% Rally For ADA

Cardano Breaks Out Of Falling Wedge Pattern, Analyst Predicts 70% Rally For ADA

Cardano (ADA) has correlated with the broader market, experiencing a retracement from its yearly high of $0.810 in March to as low as $0.357 on June 22. However, ADA has now deviated from the struggles of Bitcoin (BTC) and Ethereum (ETH), exhibiting a 2% increase in the past 24 hours and over 12% in the […]

Crypto Analyst Says Next Bitcoin Target Is $78,700 If BTC Breaks This Resistance

Crypto Analyst Says Next Bitcoin Target Is $78,700 If BTC Breaks This Resistance

An analyst explained that the next target for Bitcoin could be $78,700 if BTC could cross this resistance level of an on-chain pricing model. Bitcoin MVRV Extreme Deviation Pricing Bands Put Resistance At $65,800 In a new post on X, analyst Ali has discussed some price levels for Bitcoin that could be important based on […]