Solana (SOL), the world's fifth-biggest cryptocurrency by market cap, is poised for a massive upside rally as it approaches a mega-bullish breakout. Most on-chain metrics suggest a strong bullish signal ahead of the breakout.
A widely followed crypto analyst says that one artificial intelligence (AI)-based altcoin looks strong while updating his outlook on Solana (SOL) and a handful of memecoins. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 224,800 followers on the social media platform X that Fetch.
The Solv Protocol has announced the integration of Liquid Bitcoin (LST) into Solana's decentralized finance (Defi) ecosystem through its new product, Solvbtc.JUP. This initiative allows Bitcoin holders to participate in yield generation by depositing BTC or Wrapped BTC to mint Solvbtc, which can then be converted into Solvbtc.
Cryptocurrency markets are trading higher as BlackRock's Bitcoin ETF accumulated $1 billion in BTC this week. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $68,954.45 +2.9% Ethereum (CRYPTO: ETH) $2,665.94 +2.9% Solana (CRYPTO: SOL) $156.04 +5% Dogecoin (CRYPTO: DOGE) $0.1388 +14.2% Shiba Inu (CRYPTO: SHIB) $0.00001889 +6.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 16.4% and daily active addresses growing by 19.9%.
Trading platform Robinhood Markets (NASDAQ:HOOD) has grown from a strong base of young users and retail users into a platform that caters to all, a development the company's Chief Brokerage Officer Steve Quirk told Benzinga is "kind of exciting to see" during the 2024 HOOD Summit. Robinhood's Growth: With a long career in the trading world at TD Ameritrade and the Cboe, Quirk has seen trends come and go in the stock market.
Geopolitical tensions escalate in the Middle East, especially with the potential for conflict involving Israel and Iran, some financial experts are speculating about the impact on cryptocurrency markets. Notably, Arthur Hayes, the co-founder of BitMEX, has put forward an intriguing perspective: that such a war could actually lead to a significant increase in Bitcoin's price.
Institutional accumulation through self-custodial services is rising as Bitcoin whales hold a record stake in BTC.
All eyes are on Ethereum as the crypto market watches closely following Bitcoin's recent surge. Analysts and investors are now cautiously waiting for Ethereum to catch up, with some fearing that ETH's performance in this cycle may fall short of expectations.
For much of the past year, predictions were rife that Ethereum's (ETH) price could reach five-digits. However, as Bitcoin (BTC) surged in 2024 while ETH lagged behind, market analysts have reassessed their forecasts.
Bitcoin ETF inflows have accelerated this week as the 2024 presidential election tightens in its final weeks.
Slowly but surely, El Salvador is on its way to mass Bitcoin adoption.
Bitcoin's price has been soaring lately, but not all traders are celebrating. Despite its recent gains, many are worried about a possible dip before the next big surge.
Bitcoin, the leading cryptocurrency by market cap, briefly touched the $69,000 level on the Binance exchange at 18:46 UTC.
The possibility that blockchain payments firm Ripple will go public is low, according to the company's CEO, Brad Garlinghouse. In a new interview, Garlinghouse says that Ripple is not is not eyeing an initial public offering (IPO) because of its relationship with the U.S. Securities and Exchange Commission (SEC).
DonAlt, a pseudonymous cryptocurrency trader with more than half a million followers on the X social media network, has predicted that Dogecoin (DOGE) can potentially "run" all the way to the $1 mark as long as the broader cryptocurrency market remains in bullish mode.
Bitcoin advocate Samson Mow addresses the German Bundestag, driving efforts to accelerate global hyperbitcoinization.
Freedom Factory has launched Dgen1, dubbed the “Ethereum Phone,” a mobile device integrating Ethereum's ethOS v4.0 operating system for seamless crypto interactions. Freedom Factory's goal is to empower users with a “freedom-enhancing” technology that restores hope in technology by combating corporate control.
TL;DR Matt Hougan, CIO of Bitwise, predicts that the price of Bitcoin will reach six-figure numbers due to whale accumulation, which acquired 60,000 BTC in 24 hours. The demand for Bitcoin ETFs in the U.S. has recorded over $20 billion in net inflows in less than ten months.
Wall Street veteran Max Keiser has shared an extremely optimistic outlook for Bitcoin's (BTC) near-term trajectory. In a recent post on X, the prominent Bitcoin propounder predicted that the Bitcoin price is headed to the ambitious $220,000 level.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Ethereum might ignite the altcoin fire since it has set its eyes on making a more than 53% surge to the psychological threshold of $4,000.
Why is crypto's seasoned top dog outshining newer rivals like WIF and BONK in mid-October's crypto market trends?
Ethereum's supply reduction, rising Layer 2 activity, and demand signal future price growth.
This week has seen a resurgence in trading activity, with a notable 10% increase in the global crypto market capitalization. As a result, large coin holders, also known as whales, have started accumulating certain coins.
Craig Wright is accusing Bitcoin Core developers of misleading the market, claiming that the integration of recent upgrades has altered Bitcoin's original design.
Cardano (ADA) is currently teetering on the edge of a potential breakout from its recent trading patterns. As of October 17, 2024, ADA is priced at $0.3585, reflecting a slight decline of 0.80%.
Bitcoin, the pioneer cryptocurrency, has been trading sideways for the past seven months, struggling to maintain a directional uptrend. While the ‘Uptober' has boosted the BTC price for the next breakout attempt from $70,000, these three cryptocurrencies are gathering even more momentum with technical breakouts, increasing whale activity.
Users must first mint a non-fungible token on the Base layer-2 network to redeem the NFT for the upcoming crypto-native device.
Anatoly Yakovenko, Solana's co-founder, recently pointed to a deep divergence in how Solana and Ethereum see resource satiation and price discovery. He explained that once a global resource becomes saturated on Solana, the current pricing mechanisms begin to be suboptimal.
Musk's rhetoric painted a dire picture of the US economy while pitching his own recovery plan.
Crypto trader Cold Blooded Shiller has outlined a bullish outlook for Bitcoin (CRYPTO: BTC), pointing to technical analysis and market psychology as key factors for a potential breakout. What Happened: In a Friday update on his YouTube channel, the trader emphasized the significance of Bitcoin's recent price action, particularly the formation of a higher high and higher low pattern on higher timeframes.
Plasma unveils its upcoming Bitcoin scaling solution built on a native UTXO foundation.
What are the solutions proposed to address centralization concerns on Ethereum?
As Bitcoin (BTC) approaches the $70,000 resistance level, a crypto analyst has highlighted chart patterns that suggest BTC could reach a peak between $140,000 and $160,000 during this cycle.
Bitcoin's bullish thesis for trading above $100,000 has only solidified in recent weeks, Bitwise CIO Matt Hougan asserted in a new X post.
The BRICS alliance is growing stronger as it continues to reflect shifts to alternative asset classes like Bitcoin and XRP. While the speculation regarding a shift to cryptocurrency is growing, Russian President Vladimir Putin just shared insight into what to expect.
TL;DR Plasma is an innovative payment infrastructure on Bitcoin, designed to eliminate unnecessary costs in the payments sector. This solution uses the USDT stablecoin and a unique consensus mechanism, allowing for the processing of more than 1,000 transactions per second. With the support of Bitfinex and a fundraising of $3.
Samson Mow, the CEO of Bitcoin technology firm Jan3, publicly advocated for Germany to adopt Bitcoin as part of its national strategic reserves.
Bitcoin's steady rise past $67,000, fueled by institutional inflows into Spot ETFs, leaves retail investors craving explosive gains.
The price action and momentum were bullish, but the buying volume was tepid. This trend was seen in the mean coin age as well.
Goatseus Maximus (GOAT), a Solana meme coin, has captured the attention of crypto whales following a 260% price surge over the past 30 days. On October 15, GOAT's price was $0.10.
Bitcoin is back in the spotlight, recently climbing above $67,000 and exciting both seasoned investors and newcomers alike. As the cryptocurrency landscape evolves, new data shows that retail investors are returning to the market, which could lead to significant changes in Bitcoin's price and overall market sentiment.
The Federal Bureau of Investigation (FBI) arrested on Thursday an Alabama man who is allegedly behind the hacking of the U.S. Securities and Exchange Commission (SEC)'s account on social media platform X last January. The United States Department of Justice says Eric Council Jr.
The AI-created GOAT meme coin continues to make waves in the cryptocurrency space, with both analysts and prominent figures predicting the uptrend to continue. What Happened: In response to the meme coin's abrupt success, Bitmex co-founder Arthur Hayes on Friday provocatively tweeted, “are you really fading AI + memecoin + religion?
Bitcoin's potential surge to six figures could reshape global financial markets, influencing investment strategies and economic policies worldwide. The post Bitcoin set to hit six figures amid growing whale accumulation and supply constraints: Bitwise CIO appeared first on Crypto Briefing.
Since their January launch, spot Bitcoin ETFs have attracted more than $20 billion in cumulative net inflow—the most successful ETF debut ever. That is far quicker than the five years it took the gold ETF market inflows to reach the current level.
Cardano's ($ADA) popularity among investors continues to diminish in the face of stiffening competition among layer 1 projects.