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news-imageDecember 17, 2024

Bitcoin (BTC) Back at ATH: Next Target, Dogecoin (DOGE) Volume Disappears, Ethereum (ETH) Hits $4,000, But There's a Catch

The market leader has made a significant comeback, as Bitcoin has risen to a new all-time high of $106,000. Strong market fundamentals and increasing institutional interest have supported investor sentiment, as evidenced by this breakout, which highlights Bitcoin's ongoing momentum.
Publisher: UToday
Sentiment: Positive
BTC
DOGE

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cover-imageNewsBTC
December 17, 2024

Bitcoin's Next Big Move? Key Metric Reveals When to Cash In Profits

Bitcoin recent price momentum which led to a renewal of its all-time high (ATH) appears to have reignited interest in key metrics used to time market entries and exits. Among these, the Stock-to-Flow (S2F) reversion metric has been highlighted by a CryptoQuant analyst known as Darkfost, who shared insights on its current implications for Bitcoin investors.

Negative
cover-imageCoinPedia
December 17, 2024

Ethereum (ETH) Bearish Signal, $3,500 the Next Target?

Ethereum (ETH), the world's second-largest cryptocurrency by market cap, is showing signs of a potential price decline after recent bearish price action. In addition to the price action, whales and industry experts seem to be losing interest in the altcoin, as revealed by the on-chain analytics firms IntoTheBlock and CryptoQuant.

Positive
cover-imageCryptoSlate
December 17, 2024

AVIV ratio spikes as Bitcoin reaches new ATH

Bitcoin reaching an all-time high of $107,000 reflects the strong bullish sentiment in the market in the past two months. To understand what caused the persistent upward momentum this year, we can turn to the true market mean price (TMMP) and AVIV ratio.

Positive
cover-imageThe Currency Analytics
December 16, 2024

Bitcoin Could Become Neutral Reserve Asset Amid National Security Crisis, Says Investor Luke Gromen

Bitcoin (BTC), once dismissed by many as a speculative asset, is now being considered by some financial experts as a potential solution to the United States' national security and economic challenges. In a recent interview with Bitcoin advocate Robert Breedlove, macro investor Luke Gromen proposed that the US may soon have little choice but to elevate Bitcoin as a neutral reserve asset.

Positive
cover-imageCrypto Reporter
December 16, 2024

Bernstein Analysts Saying Bitcoin Price Crash Is Investment Opportunity For This $0.02 Hidden Altcoin Set To Explode 57,800% In Q4 2024

The cryptocurrency world is buzzing after Bernstein analysts identified the recent Bitcoin price crash as more than just a downturn: it is an opening for an investment opportunity in WallitIQ (WLTQ). This hidden altcoin, priced at $0.0243 during its presale, is projected to explode by 57,800% by Q4 2024.

Positive
cover-imageCoingape
December 16, 2024

Bitget Rides El Salvador's Bitcoin Wave, Capitalizes on $362M Profit

Leading crypto exchange Bitget has reached a critical milestone for itself as it is the very first digital asset trading platform that has been granted a license to be a Bitcoin Service Provider via El Salvador's Central Bank. The exchange announced this following President Nayib Bukele revealing El Salvador's BTC holdings made an unrealized profit

Positive
cover-imageThe Currency Analytics
December 16, 2024

How Bitcoin Mining is Becoming a Key Player in Europe's Energy Transition Amid Crisis

Bitcoin mining—once viewed as an energy-hungry villain—has quietly emerged as an unexpected ally in the continent's push toward a sustainable energy future. While the environmental costs of cryptocurrency mining have long been a topic of heated debate, recent developments show that Bitcoin miners are playing a crucial role in stabilizing Europe's energy grid, utilizing surplus energy, and aiding the integration of renewable energy sources.

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