Archives par catégorie: Business

Bitcoin Price Rejects $68K, Indicators Signal Fresh Downside To $62K

Bitcoin Price Rejects $68K, Indicators Signal Fresh Downside To $62K

Bitcoin price failed to recover above the $68,000 resistance zone. BTC is sliding and might decline again toward the $62,000 support zone. Bitcoin price started a decent increase but struggled near the $68,000 zone. The price is trading below $66,000 and the 100 hourly Simple moving average. There is a short-term declining channel or a […]

Beyond Bitcoin ETFs: ‘There Are Other Players Controlling This Market’ – Says Analyst

Beyond Bitcoin ETFs: ‘There Are Other Players Controlling This Market’ – Says Analyst

Recent observations by Eric Balchunas, a senior ETF analyst at Bloomberg, suggest that the movements in Bitcoin’s price are influenced by factors beyond just the flows of spot Bitcoin Exchange Traded Funds (ETFs). According to Balchunas, who shared his insights on X, “bigger forces at work” shape the largest cryptocurrency’s valuation. This indicates that the […]

MakerDAO Stakeholder-Focused Updates Drive MKR Price Up By 10%

MakerDAO Stakeholder-Focused Updates Drive MKR Price Up By 10%

Blockchain protocol MakerDAO (MKR) continues to see significant gains, maintaining a strong upward trend throughout the year. MKR has seen significant growth of over 358%, accompanied by positive metrics reflecting increased adoption and usage of the protocol. In addition, upcoming voting initiatives aim to further increase the platform’s benefits for its stakeholders. MakerDAO Announces Plans For […]

Bitcoin Brief Bounce Back Above $67,000: Triggers Nearly $300 Million In Total Liquidations

Bitcoin Brief Bounce Back Above $67,000: Triggers Nearly $300 Million In Total Liquidations

The crypto market has recently experienced a wave of liquidations, amounting to nearly $300 million, closely following Bitcoin’s sharp reclaim of the $67,000 mark. This surge in Bitcoin’s value, a stark reversal from its previous downtrend, caught many traders off guard, especially those who had placed bets on the continuation of the market’s decline. Over […]

Bitcoin Surging But Likely To Consolidate Before Breaking $74,000: Analyst

Bitcoin Surging But Likely To Consolidate Before Breaking $74,000: Analyst

After capitulating on March 19, Bitcoin recovered on March 20. However, while the crypto community expects more rapid gains, even above the all-time highs of around $73,800, Willy Woo, an on-chain analyst, thinks the coin will likely consolidate in the days ahead. SOPR Peaked At An Unusually High Level: Profit-Taking? Taking to X, Woo listed several on-chain […]

Bitcoin Cash (BCH) Surges 15% As Coinbase Plans Futures Listing

Bitcoin Cash (BCH) Surges 15% As Coinbase Plans Futures Listing

Bitcoin Cash (BCH) has registered a sharp 15% rally in the past 24 hours after plans of a futures listing on Coinbase have surfaced for the asset. Coinbase Plans To Launch Bitcoin Cash Futures Product On 1 April As an X user has pointed out, the cryptocurrency exchange Coinbase appears to have filed certifications with […]

Crypto Expert Reveals The Possibility Of Bitcoin Reaching $500,000

Crypto Expert Reveals The Possibility Of Bitcoin Reaching $500,000

Crypto experts and analysts have given their opinions on how Bitcoin could rise in this bull cycle, with some opining that the flagship crypto token could rise to as high as $237,000. Now, this crypto expert has given a more ambitious price prediction, raising the possibility of Bitcoin hitting $500,000.  Bullish Sentiment Shows Bitcoin Can […]

Are Arbitrum Investors Still Selling Off? Analysts Remain Bullish On ARB As Price Surges 5.2%

Are Arbitrum Investors Still Selling Off? Analysts Remain Bullish On ARB As Price Surges 5.2%

Arbitrum (ARB), the Ethereum Layer 2 (L2) scaling solution, recently went through an unlocking event as part of its 2024 roadmap. However, the event raised concerns about how the token’s price would react amid the market slowdown.  It’s been a week since Bitcoin’s price started to dip. Despite BTC’s recovery, the market still exhibits red […]

US Spot Bitcoin ETFs Experience Record Outflows, Losing $740 Million In Three Days

US Spot Bitcoin ETFs Experience Record Outflows, Losing $740 Million In Three Days

The 10 spot Bitcoin ETFs experienced their biggest three-day outflow since their debut in January, as reported by Bloomberg. This shift in investor sentiment comes after heightened interest that propelled the largest cryptocurrency in the market to a record high of $73,700. Bitcoin ETFs See Record Outflows Between Monday and Wednesday, a net total of […]

Don’t Panic: The Bitcoin Bull Market Is Far From Over, Quant Says

Don’t Panic: The Bitcoin Bull Market Is Far From Over, Quant Says

Amidst the recent Bitcoin pullback from its previous all-time high above $73,000, Ki Young Ju, the founder and Chief Executive Officer (CEO) of Crypto Quant, reassures the broader crypto community that the BTC bull market is far from over.  Bitcoin Bulls Are Not Done In a recent X (formerly Twitter) post, Ju expressed strong bullish sentiment […]

Crypto Analyst Touts Base As Next Memecoin Hotspot: Top 8 Picks

Crypto Analyst Touts Base As Next Memecoin Hotspot: Top 8 Picks

In an analysis shared with his nearly 100,000 followers on X (formerly Twitter), the crypto analyst known by the pseudonym Xremlin (@0x_gremlin) has pinpointed Base as the burgeoning hub for memecoin enthusiasts and investors. This proclamation follows a season of unprecedented gains in the Solana memecoin market, with tokens like BOME, WIF, and SLERF achieving […]

Bitcoin Pullback Has Ended? Analyst Declares “Worst Is Over”

Bitcoin Pullback Has Ended? Analyst Declares “Worst Is Over”

After a stunning retrace, Bitcoin witnessed a notable recovery as Wednesday closes rising from the $61,000 price mark to $67,000, triggering hopes within the cryptocurrency community that a bullish movement might be imminent. However, the crypto asset has not exactly returned to the point it was a week ago, especially since BTC reached a new all-time […]

Bitcoin Faces One Major Hindrance To Reaching New $75,000 All-Time High

Bitcoin Faces One Major Hindrance To Reaching New $75,000 All-Time High

Bitcoin is still struggling to reclaim its all-time high even after staging an impressive recovery in the last day. The bounce up from $60,000 to $68,000 has no doubt reignited confidence in the market, but the cryptocurrency continues to face some challenges in its bid for a new all-time high. Outflows Continue To Rock Bitcoin […]

Bitcoin Traders Capitulate: Here’s What Happened Last 2 Times

Bitcoin Traders Capitulate: Here’s What Happened Last 2 Times

On-chain data shows the Bitcoin investors have been capitulating recently, a sign that FUD has been gripping the market. Bitcoin Total Amount Of Holders Has Seen A Drop Recently According to data from the on-chain analytics firm Santiment, the Bitcoin Total Amount of Holders has registered a notable decline recently. The “Total Amount of Holders” […]

Fantom (FTM) Bull Run: Can FTM Hit $2 After 20% Price Spike?

Fantom (FTM) Bull Run: Can FTM Hit $2 After 20% Price Spike?

Fantom (FTM), a cryptocurrency known for its high-speed smart contract platform, has been making headlines recently with its price movements and market predictions. As of the latest data, Fantom is ranked #43 by market cap at $2.9 billion, with a trading volume of $863 million in the last 24 hours. The current value of Fantom […]

Why Is Bitcoin Price Up Today? Key Reasons Explained

Why Is Bitcoin Price Up Today? Key Reasons Explained

Within the last 24 hours, the market witnessed a significant rally in the Bitcoin price, which soared by 10% from a daily low of $60,805 to a peak of $68,250. This remarkable price movement can be attributed to several key factors, including yesterday’s Federal Open Market Committee (FOMC) meeting, a notable change in the Coinbase […]

Leading The Pack: Solana Captures Nearly 50% Of Global Crypto Attention

Leading The Pack: Solana Captures Nearly 50% Of Global Crypto Attention

The Solana ecosystem has achieved a significant milestone by becoming the most popular blockchain ecosystem of the year. This is due to its ability to capture nearly half of the world’s crypto investor interest in the chain-specific theater. Together with the outstanding performance of native meme coins like dogwifhat and important ecosystem project tokens like […]

Dogecoin Price Holds Crucial Support But Can DOGE Clear This Hurdle?

Dogecoin Price Holds Crucial Support But Can DOGE Clear This Hurdle?

Dogecoin is recovering higher from $0.1220 against the US Dollar. DOGE must clear the $0.1650 resistance to start another increase toward $0.200. DOGE declined heavily and tested the $0.1220 support against the US dollar. The price is trading below the $0.1650 level and the 100 simple moving average (4 hours). There was a break above […]

Cardano (ADA) Eyes Explosive 2000% Bull Run, Targeting $12 And Quadrupling ATH

Cardano (ADA) Eyes Explosive 2000% Bull Run, Targeting $12 And Quadrupling ATH

Cardano (ADA), currently positioned as the 9th largest cryptocurrency by market capitalization, has encountered a downward trend following the prevailing bearish sentiment in the crypto market. Bitcoin (BTC), the market leader, has led the way in price corrections for top cryptocurrencies.  Despite ADA’s recent retracement of nearly 20% in the past week after reaching a […]