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news-imageAugust 7, 2024

Crypto Price Analysis 8-7 BTC, ETH, SOL, DOGE, BCH, UNI, MKR

The cryptocurrency markets saw a strong recovery on Tuesday following a 30% correction that pushed Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and other major cryptocurrencies to multi-month lows.
Publisher: Crypto Daily
Sentiment: Positive
BCH
BTC

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Negative
cover-imageThe Currency Analytics
February 14, 2025

Solana (SOL) Price Faces Selling Pressure, Drops Toward $190

Solana (SOL) has been experiencing considerable pressure as its price struggles to stay above $200, now declining toward the $190 range. After facing strong resistance around the $200 mark, Solana's market cap is now sitting at around $94 billion, and the recent downtrend has raised concerns about the potential for further price declines.

Positive
cover-imageTokenpost
February 14, 2025

GameStop Eyes Bitcoin Investment, GME Shares Jump 11%

GameStop (GME) is reportedly exploring investments in alternative assets, including bitcoin (BTC) and other cryptocurrencies, according to CNBC. The news follows a social media post by GameStop CEO Ryan Cohen featuring a photo with Strategy (MSTR) founder and Executive Chairman Michael Saylor.

Negative
cover-imageThe Currency Analytics
February 14, 2025

Bitcoin Miners Face Delays and Seizures Amid Trade Tensions

Bitcoin miners in the U.S. are facing a significant obstacle: delayed shipments and the seizure of mining rigs by U.S. Customs and Border Protection (CBP). The delays are particularly affecting rigs manufactured by Bitmain, a Chinese company that dominates the global Bitcoin mining hardware market.

Positive
cover-imageNewsBTC
February 14, 2025

Dogecoin Breakout Coming? Analyst Identifies Key Price Level

In his latest technical breakdown posted on X, analyst Kevin (@Kev_Capital_TA) highlighted a pivotal threshold on Dogecoin's daily chart. According to Kevin, reclaiming the $0.28 region on a weekly close—and then showing clear follow-through—could set Dogecoin on a path toward retesting its all-time highs.

Positive
cover-imageThe Currency Analytics
February 14, 2025

Bitcoin Set to Surge as Gold Faces Major Delivery Issues

Bitcoin's role as a reliable alternative to traditional assets like gold is gaining momentum, with experts predicting a possible mass migration from gold to Bitcoin in the wake of a brewing crisis in the gold market. Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, has expressed confidence that the latest developments in the gold sector could trigger a significant shift, strengthening Bitcoin's appeal as a “hardest asset on Earth.

Positive
cover-imageBitcoin
February 14, 2025

Bank of Montreal Has Been Quietly Buying Bitcoin ETFs

The Bank of Montreal (BMO), Canada's third largest bank by asset size, quietly purchased approximately $150 million in spot bitcoin ETFs. The information came to light when the bank filed its Form 13F-HR with the U.S. Securities and Exchange Commission (SEC) on Thursday.

Neutral
cover-imageInvezz
February 13, 2025

SEC reviews Grayscale's Dogecoin and XRP ETF proposals, seeks public comments

The US Securities and Exchange Commission (SEC) has officially recognized Grayscale's proposal for a Dogecoin (DOGE) exchange-traded fund (ETF). This development comes as part of the SEC's standard process for reviewing ETF proposals. The regulatory body posted a 19b-4 form on Thursday, which acknowledges the filing by NYSE Arca on behalf of Grayscale.

Negative
cover-imageThe Currency Analytics
February 13, 2025

Bitcoin's Bull Run Stalls as Powell Reinforces QT

Bitcoin (BTC) has made impressive strides over the past year, but recent comments from Federal Reserve Chair Jerome Powell have raised concerns about the future of the crypto market. Despite BTC's dominance over the cryptocurrency space, Powell's firm commitment to continuing Quantitative Tightening (QT) could potentially delay the much-anticipated bull run.

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