Crypto analyst Lark Davis has identified nine reasons to remain positive about the market. He emphasizes that anticipated interest rate cuts could enhance market liquidity, benefiting risky assets like cryptocurrencies. Additionally, the significant growth in Bitcoin ETFs, including a recent inflow of $283.87 million, supports a bullish outlook for Bitcoin. Recently, Bitcoin’s (BTC) price has…
The crypto market is booming, with Bitcoin bouncing back to over $62,000 after dropping to $49,000 earlier this week. It’s currently at $61,343.58, up 7.27% in the past 24 hours, and its dominance has increased to 56.42%. Meanwhile, Ethereum has risen 11.03% to $2,698.41, with a market cap of $324.75 billion, up 10.38% from yesterday….
Cryptocurrency prices made a strong comeback during the overnight session as investors remained hopeful about the industry and potential Federal Reserve intervention. Bitcoin surged to a high of $56,000, adding over 7,000 points from its lowest point on Monday. Ethereum rose to $2,525, while Stellar Lumens (XLM) increased to $0.090, 20% above its Monday low….
The U.S. Federal Reserve has called an emergency meeting today in response to the severe collapse of Japanese markets, which has triggered a worldwide panic selloff. As global markets face significant downturns, the Fed is set to reassess interest rates to address the turmoil. Analysts are anticipating a rate cut of 50 basis points (bps)…
The entire crypto market cap has dropped by 12.87%, with more than $300 billion wiped out in the last few hours. Bitcoin’s price is also falling amid this turmoil. The crypto sell-off has worsened during Asian trading hours as Japan’s Nikkei index fell another 7% early Monday, August 5. This recent drop means the Nikkei…
The crypto market has risen by 3.5%, reaching $2.48 trillion, thanks to Bitcoin’s strong rally to almost $70,000 on July 29 and overall positive sentiment. While Bitcoin is driving the gains, altcoins have seen smaller increases of 2% to 4%. This week has also seen notable developments, including major token unlocks, ongoing legal battles, upgrades,…
The crypto market is eagerly awaiting important events this week that could affect the Fed’s plans for interest rate cuts. Key events include the FOMC’s interest-rate decision, Fed Chair Jerome Powell’s press conference, and US job data. These events are expected to provide crucial insights into the US Federal Reserve’s policy plans, making this week…
Bitcoin has climbed by 4.34% in the last 24 hours and is currently trading at $66,947.64. Compared to a week ago, Bitcoin is up by 4.24%. Ethereum, the second most popular cryptocurrency, has increased by 2.42% since yesterday, bringing its price to $3,252.93. However, it has dropped by 5.15% over the past week. In terms…
The President of The ETF Store has indicated that issuers might soon apply for a new ETF combining Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Solana, now the fifth-largest cryptocurrency by market cap, is increasingly seen as part of the crypto industry’s Big Three alongside Bitcoin and Ethereum. With Bitcoin and Ethereum either having or…
Cardano (ADA) is currently trading around $0.44, aligning with stable Bitcoin prices. Recent whale activity suggests potential for ADA to rise, possibly reaching $0.49 soon. Unlike BNB and BTC, ADA hasn’t seen sharp price increases due to its higher market value. Even with upcoming ETF listings, Ethereum (ETH) remains below $3,500. Investors are waiting for…
Bitcoin, the top cryptocurrency, recently surged to a high of $62,782 in one day. This big price jump triggered a volatility alert from the 100eyes Crypto Scanner. Bitcoin, the world’s largest cryptocurrency, has now hit its highest level since July 2. On July 5, it dropped to $53,550, its lowest in five months, because of…
As the 2024 bull run kicks off, the crypto market is buzzing with excitement, drawing investor interest towards altcoins that could see significant value increases by 2025. The analyst has reviewed several high-potential altcoins and provided insights for those looking to diversify their portfolios and capitalize on the current market momentum. For those aiming to…
The crypto markets are down, with Bitcoin (BTC) falling below $55,000 and trading at $53,937. Major cryptocurrencies like Ethereum (ETH), Solana (SOL), and Toncoin (TON) have also dropped significantly, following Bitcoin’s lead. The cryptocurrency market has dropped sharply recently, with BTC falling below $60,000 on Thursday and now trading below $55,000. Meme coins have also…
While Bitcoin and Ethereum struggle to hold their support levels, Worldcoin is working to alleviate selling pressure as bulls maintain some control. The price of WLD is aiming to replicate the strong performance seen in the first quarter, with hopes of reaching levels close to $5 in July. Worldcoin’s Strength Amidst Market Downturn While the…
The crypto market experienced a notable surge on June 20, driven by two significant developments. The launch of a Bitcoin ETF on Australia’s leading securities exchange and the SEC’s clearance of Ethereum contributed to a 1.70% increase in net capitalization, reaching $2.35 trillion. These developments sparked excitement across the crypto community, signaling positive momentum in…
Today (Jun 18), crypto prices are falling. Bitcoin dropped to $65K, and Ethereum is pulling back. Altcoins like Solana, Dogecoin, and Shiba Inu are also down 9%-13%. However, XRP is up. The global crypto market cap fell 3.14% to $2.35 trillion, while market volume surged 104% to $94.07 billion. This decline follows the U.S. Fed’s…
Turkey is planning to introduce several new taxes, including a 0.03% transaction tax on cryptocurrency trading, as part of a major fiscal reform. This initiative is designed to tackle the budget deficit worsened by the earthquakes in 2023 and marks a shift in how financial transactions are regulated in the country. Turkey Plans Significant Tax…
After a period of bullish trends, the crypto market abruptly reversed course today, experiencing a significant crash. This downturn is attributed to ongoing political and economic changes across various countries. Despite recent stability following a recovery phase and positive US employment data from May, where the government reported adding 272,000 jobs—exceeding expectations—today’s decline appears influenced…
This week in the crypto world has seen some intriguing developments. A large amount of Bitcoin was moved from Mt. Gox wallets as preparations to repay creditors began, causing the Bitcoin price to drop below $68,000 and making the crypto markets nervous. Ripple Labs and Bitcoin captured significant attention, while Ethereum and other altcoins experienced…
The crypto market is anticipating potential volatility this week as key job data releases could sway Federal Reserve decisions on interest rates, affecting major cryptocurrencies like Bitcoin and Ethereum. Investors are bracing for a potentially turbulent week as a range of economic indicators are scheduled for release, with particular emphasis on job reports following recent…
Recently, Shiba Inu (SHIB) surprised investors by surpassing the $0.000025 mark and now targets $0.00003. Ethereum (ETH) has been strong, aiming for $4,000, but faces hurdles around $3,900 after encountering resistance. Currently, ETH is consolidating near $3,850. Meanwhile, XRP is struggling below important resistance levels like the 50-day, 100-day, and 200-day EMAs. Since early 2024,…
Trump’s campaign has announced it will accept cryptocurrency donations for the 2024 presidential election. They’re accepting various currencies like Bitcoin, Ethereum, Dogecoin, Ripple, Cardano, Shiba Inu, Solana, and USD Coin. Supporters can contribute using wallets like Coinbase Wallet and MetaMask, marking a pioneering step in digital fundraising for political purposes. Trump Campaign’s “Crypto Army” Strategy…
Bitcoin has climbed 5.57% in the past 24 hours to reach $70,914.89, marking a 13.43% increase from last week. Meanwhile, Ethereum has surged 16.45% since yesterday, trading at $3,645.54, and showing a 24.08% rise over the week. Currently, Bitcoin’s market capitalization stands at $1,399 billion, while Ethereum’s is at $439.12 billion. The global cryptocurrency market…
Bitcoin’s ascent is driving major developments in the crypto market. Since April, over a million new tokens have emerged. Memecoin projects are experiencing a mix of excitement and scrutiny within the community. As exciting changes unfold in the crypto world, Bitcoin’s surge is paving the way for important advancements. Starting in April, more than a…
SEC has delayed its decision on Ethereum ETF until July 5, 2024, raising doubts about approval in May. Ethereum remains weak against Bitcoin, with analyst Michael van de Poppe foreseeing further lows. Bitcoin is anticipated to consolidate post-halving for 4-6 months, indicating an accumulation phase. Crypto analyst Michael van de Pop shares insights on Ethereum’s…
During Wednesday’s trading, the cryptocurrency market experienced a downturn, with major coins like Bitcoin, Ethereum, Solana, and Dogecoin leading the decline. This led to a 1.8% drop in the global cryptocurrency market cap within just 24 hours, bringing it to approximately $2.3 trillion. Cryptocurrency Market Update: Prices and Analyst Insights As of 12:25 p.m., Bitcoin…
In the last 24 hours, the biggest meme coin, DOGE, has surged by over 12%. Meanwhile, Bitcoin has extended its recovery, rising from under $59,000 yesterday to a multi-day high of over $63,000 today. This positive trend has also lifted most altcoins, including the famously unpredictable meme coin sector, which has seen impressive gains once…
Bitcoin’s persistent selling streak is hindering recovery efforts in altcoins, suggesting a prolonged period of consolidation. Meanwhile, Ethereum’s price relief rally could extend by 6%, but it may face resistance at $3354, possibly indicating a reversal. Additionally, Dogecoin’s correction nears a crucial resistance level, which could heighten selling pressure. Similarly, Helium’s price correction may continue…
In the last 24 hours, Bitcoin has decreased by 1.99% and is currently trading at $63,018.62. Compared to the previous week, it’s down by 1.90%. Ethereum, the second most popular cryptocurrency, has seen a 0.54% decrease from yesterday, with its current price at $3,124.58. However, compared to last week, Ethereum has increased by 1.85%. Its…
Negentropic, the official X (formerly Twitter) account of Glassnode’s cofounders, has expressed optimism about the crypto market. The Glassnode Cofounders stated that despite recent corrections, they anticipate significant growth ahead. Their analysis suggests that the market, excluding the top 10 cryptocurrencies called “OTHERS,” is showing a strong upward trend, indicating potential for further growth. Glassnode…
Credible, a widely followed crypto analyst, has unveiled his bold predictions for Ethereum (ETH), Bitcoin (BTC), and XRP, igniting fresh hope among investors. Rewrite this as para in easy wording Credible, a prominent crypto analyst, predicts Ethereum (ETH) could soar beyond $10,000, potentially reaching as high as $20,000 in the current bull market cycle. He…
Amidst recent quietness in the crypto world, there’s optimism for a potential bull cycle supported by stablecoin inflows and other factors. The stablecoin market, including assets like USDT and USDC, has shown resilience, adding over $9 billion since October 2023, totaling $133 billion. Experts see this as a bridge between traditional finance and crypto, potentially…
January concluded on a poor note, and February commenced unfavorably for cryptocurrencies, with Bitcoin attracting buyers at $43,000, while Solana trades at $99.4. XRP faces challenges amidst weak fundamental news and a recent hacking incident. Looking ahead, the current chart outlook for Bitcoin, Solana, and XRP Coin may provide insights into potential targets in the…
January saw notable fluctuations in cryptocurrency prices, prompting investors to turn their attention to the forthcoming Bitcoin halving event. Predictions for Bitcoin, SOL, XRP, and AVAX prices are under scrutiny. January swiftly passed, leaving an indelible mark on crypto history with ETF approvals. Bitcoin surged to $49,000, then dipped by over $11,000, yet managed to…
Some of the major cryptocurrencies are currently going through a correction, which means their prices are going down. However, there is a possibility that this trend could turn around, and they might start going up again. Shiba Inu’s chart for SHIB/USDT shows a pattern called an ascending triangle. This is a well-known technical shape, and…
Dogecoin’s future price movement is under speculation as investors closely watch market trends and key resistance levels. The growing interest in DOGE has sparked discussions about its potential surge in value. Analysts are assessing various factors to make predictions, considering the current market dynamics and the broader cryptocurrency landscape. As with any investment, it’s crucial…
According to Michael Van de Poppe, it’s important for Bitcoin to stay within the $36,500-$38,000 range. Another expert, Will Clemente, pointed out that the recent drop in prices shouldn’t have come as a surprise and was bound to happen. On Monday evening, major cryptocurrencies showed a varied performance, with Bitcoin, the biggest one, having its…
In the last seven days, some cryptocurrencies experienced significant gains, even reaching triple-digit percentages. The overall crypto market had a positive week, led by Bitcoin, which surged by 11% and surpassed the $40,000 mark. While many altcoins may have seen some pullback in their daily prices, their performance over the week has been impressive and…
Today, crypto prices took a dip, and investors were a bit careful, thinking about the risks before making more investments. In the ever-changing crypto world, today’s prices, especially for major digital assets, are finding it tough to stay positive. The overall market turned red, possibly because of recent ups and downs, possibly linked to the…
Ethereum has recently made a significant move that could pave the way for reaching $3,000. Ethereum (ETH) has shown strong bullish signs by breaking an important resistance level. The recent charts depict an upward trend, sparking discussions among investors and analysts about the potential for the ETH/USD chart to hit the sought-after $3,000 mark soon….
Cryptocurrency prices went up today, with investors feeling more confident after some positive comments from the Federal Reserve (Fed). Over the weekend, crypto prices saw significant increases, indicating that investors are once again interested in digital assets. Experts believe that the recent boost in crypto prices might be linked to the Federal Reserve officials’ recent…
The current cryptocurrency prices reveal a mix of trends, with investors being careful after a period of positive momentum in the digital asset market. Today’s crypto prices showed a mix of ups and downs on Thursday. While some coins went up, others lost value. Despite this, the overall market is in a good place, thanks…
Today’s crypto market is looking more positive, with increased trading activity and a surge in new investors who seem optimistic about the current situation. The crypto market is feeling positive today as prices are on the rise. Even though there are new challenges with regulations, investors are closely watching how crypto prices respond. Some well-known…
IMF worries about the surging Bitcoin and Ripple (XRP), while South Korea’s digital currency pilot with 100,000 citizens in late 2024 may be a crucial move for CBDC development. With the crypto market booming, the IMF is worried about the fate of Central Bank Digital Currencies (CBDCs). The latest news from The Korea Times suggests…
Bitcoin (BTC), with a current price of $37,584, successfully surpassed the significant barrier at $38,000 on November 24, signaling a positive sentiment in the market. Analysts are optimistic about the next two years, anticipating a favorable market environment. The upcoming catalysts include the Bitcoin halving scheduled for April and pending applications for a spot Bitcoin…
Base Network had more daily transactions than Optimism and Arbitrum but still fell behind Polygon and Binance Smart Chain (BSC). Coinbase’s layer-2 network called Base achieved a new daily transaction record, surpassing its previous high since its launch in August, as reported by blockchain explorer BaseScan. On September 14, Coinbase’s layer-2 blockchain, Base, reached a…
Elon Musk has been supporting the development of Dogecoin and even explored the idea of creating a social media platform based on blockchain technology. He also joined forces with SBF (Sam Bankman-Fried) in an unsuccessful attempt to buy Twitter for $5 billion. A biography set to launch on September 12 unveils Elon Musk’s secret involvement…
Here are some important European companies in the world of blockchain and cryptocurrency 1. OpenLedger: They make special computer programs using blockchain technology. They started in 2014 and are very good at what they do. 2. Aave: They made something new on the internet using blockchain. It helps people lend and borrow money without needing…
Sam Bankman-Fried’s legal fight is getting more serious with fresh accusations. He says he didn’t do the $100M stuff or the claimed political influence and has pleaded not guilty. The ex-CEO of FTX, Sam Bankman-Fried, said he didn’t do what he’s accused of. They say he tried to use $100 million to affect U.S. politics,…
The FBI confiscated 428.5 Ethereum and 5.12 Bitcoins from Virginia wallets, along with $310,277 in Tether stablecoins. This move comes as part of the FBI’s increased efforts in the cryptocurrency sector, which also involved shutting down nine exchanges. On August 16, public notices revealed that the FBI had taken control of different cryptocurrencies from wallets…