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news-imageNovember 29, 2024

‘Very Promising Start': Top Analyst Says Ethereum Headed Higher Against Bitcoin – Here Are His Targets

A top analyst who accurately called the end of the 2022 crypto bull market thinks Ethereum (ETH) is poised to rally in both its Bitcoin (ETH/BTC) and US dollar pairs. Pseudonymous analyst Pentoshi tells his 826,200 followers on the social media platform X that ETH/BTC looks good after respecting its support at 0.30 BTC.
Publisher: The Daily Hodl
Sentiment: Positive
BTC
ETH

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Neutral
cover-imageCoinPedia
November 29, 2024

Will Ether Breakthrough $4,000? Traders Remain Cautious

Ether has been showcasing incredible performance this bull season. A streak of inflows into the US-listed spot Ether ETFs, the rising activity on the Ethereum blockchain, and the increased institutional interest could all drive Ether to beat its three-year-old price record in the coming months.

Neutral
cover-imageCryptopolitan
November 29, 2024

Swyftx lead analyst predicts altcoins will remain shaky until BTC hits $100,000

Pav Hundal, the lead analyst at Swyftx, believes altcoins remain in a cycle of massive gains and pullbacks until Bitcoin reaches the $100,000 level. The analyst also suggested that while several coins, including some memecoins, have been outperforming the top cryptocurrency, altcoins will remain shaky until BTC manages an ‘exuberant move' during the bull run.

Positive
cover-imageUToday
November 29, 2024

Bitcoin (BTC) Makes Final Push to $100,000

Bitcoin (BTC), the world's leading cryptocurrency, appears to have initiated a final push for the historic $100,000 level. Data shows that the BTC price has reclaimed $97,476.16, representing a 2.05% increase in the last 24 hours.

Negative
cover-imageBenzinga
November 29, 2024

Vladimir Putin Signs Bitcoin Mining, Crypto Taxation Law

Russian President Vladimir Putin has signed a law introducing taxation on income and expenses derived from digital currency mining, purchase and sale. What Happened: Published on the official legal information portal, the legislation recognizes digital currencies as property under the Tax Code and establishes a taxation framework to regulate crypto-related activities, according to Russian news agency Interfax.

Positive
cover-imageCoinPedia
November 29, 2024

Ethereum Price Update: Can It Hold the Momentum?

Ethereum reached $3,688 on November 28, its highest in six months. That's big news, but it didn't stay there long. The market took a breather, and ETH slid back to $3,580. Still, it ended the week with a 5% gain, which isn't too shabby, considering the wild 18% jump earlier.

Positive
cover-imageCoinPedia
November 29, 2024

Bitcoin Price Hits $97K, What Next $100K or $95K?

Bitcoin is on the verge of hitting a historic milestone—$100,000 per coin. Bitcoin soared to a new all-time high (ATH) of $99,588 last week but soon faced a 7% correction, dropping to $90,791 on Tuesday. By Wednesday, the cryptocurrency began to recover, and as of Friday, it is steadily climbing, currently trading around $97,000.

Neutral
cover-imageBenzinga
November 29, 2024

Black Friday Vs. Bitcoin: Here's How Much You'd Have If You Took The Average Spendings Of Americans On This Shopping Carnival And Invested It In BTC Last Year

Black Friday, the day after Thanksgiving in the U.S., has become synonymous with enticing discounts, big bargains, and massive sales, marking the start of the critical Christmas shopping season. With time, the traditional one-day frenzy has evolved into a longer season with the introduction of events like “Cyber Monday,” an online equivalent of Black Friday.

Neutral
cover-imageCoinPedia
November 29, 2024

Ethereum Foundation Bets Big on zkVMs Amid Market Concerns

The Ethereum Foundation is preparing to invest tens of millions into zkVMs (Zero Knowledge Virtual Machines). The development has been revealed by Justin Drake, who is a researcher at the organisation. In a separate development, yesterday, Ethereum co-founder Jeffrey Wilcke moved over 20,000 ETH to Kraken, triggering concerns across the cryptocurrency market.

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