Solana (SOL) has broken through its short-term resistance levels, leaving many short sellers reeling from significant losses. This recent price action has led to a surge in liquidations, highlighting the strong momentum behind Solana's rally.
Ethereum faces key resistance, potential bullish divergence, and election-driven rally possibilities ahead.
Bitcoin (BTC) is witnessing a notable surge in whale activity, with large holders increasing their Bitcoin assets to levels not seen since early 2021. This uptick raises questions about the potential for Bitcoin to reach a new all-time high (ATH) in the near future.
Bitcoin's consolidation below $68,000 extended throughout this week, with bulls holding steady above the $66,000 support level. Although the cryptocurrency hasn't seen a significant push to the upside, its ability to avoid a deeper correction means that Bitcoin remains on track to end October on a bullish note.
Following Microsoft's recent proposal to shareholders to consider investing in Bitcoin, Michael Saylor, co-founder of MicroStrategy and a prominent BTC advocate, publicly encouraged Microsoft CEO Satya Nadella to embrace the largest cryptocurrency as a means to future growth.
Russia's new Bitcoin mining regulations could reshape global crypto dynamics, influencing digital currency adoption and international trade strategies. The post Russia enacts control measure on Bitcoin mining operations appeared first on Crypto Briefing.
Bitcoin steadies at $67K; Tether's response to WSJ investigation calms markets. Strong ETF inflows and key US data could push BTC above $70K.
The United States approaches its presidential elections, the political climate is heating up, and its effects are rippling through various markets, particularly in the world of cryptocurrency. With Donald Trump's chances of winning appearing increasingly favorable, some experts are predicting that Bitcoin could surge, potentially reaching unprecedented values.
Bitcoin has faced a turbulent week, with price swings ranging from a local high of $69,500 to a low of $65,000, cooling off after weeks of bullish excitement. Now, BTC is consolidating just below the crucial $70,000 level, a price point seen as a key threshold for the next major move.
Ethereum has experienced a sharp retrace, dropping over 13% since Monday and stirring concerns among investors who had anticipated a breakout. This sudden pullback, which took ETH as low as $2,380 on Friday, has injected a sense of worry into the market, leaving many to question the strength of its recent rally.
The cryptocurrency market continues to evolve, one voice stands out among the noise: crypto analyst Pentoshi. With over 809,600 followers on the social media platform X, Pentoshi has built a reputation for his keen observations and insightful analyses.
Economist Peter Schiff forecasts a “Trump dump” for bitcoin, questioning its weak momentum amid Donald Trump's rising election odds. Peter Schiff Sees ‘Trump Dump' for Bitcoin Economist and gold advocate Peter Schiff, known for his skeptical view on bitcoin and fervent support of gold, has shared insights on both assets amid recent market shifts.
The Bitcoin price could see its price surging dramatically to $200,000, with the formation of a new Cup and Handle pattern. While the pioneer cryptocurrency has been slowly recovering from bearish trends to reach the $70,000 mark, a rally to $200,000 would mark a historical milestone and a new All-Time-High (ATH) for BTC.
The ever-fluctuating world of cryptocurrencies, recent days have witnessed a surge in price volatility, rekindling interest among investors and traders alike. Notably, two altcoins, Solana (SOL) and Ripple (XRP), have been in the spotlight, drawing significant attention due to their dramatic price movements.
Rich Dad Poor Dad author Robert Kiyosaki predicts a bitcoin “blast-off,” urging investors to buy BTC and seize this prime entry point.
Bitcoin, the world's largest cryptocurrency, may be heading towards a significant market correction, as current price patterns in October 2024 resemble those seen during key periods in 2021. According to an analysis by trader Alan Santana, these familiar trends could indicate a bearish phase for Bitcoin, but there's a divide in predictions.
Analysts said that Bitcoin prices could drop slightly in the short term as whale accumulation reached a new record high. Whale's Bitcoin holdings have reached 670,000 BTC, the largest accumulation of the digital currency in history.
The Bitcoin open interest has been a subject of debate over the past week, with various on-chain platforms revealing its recent record-breaking surge. However, investment analytics firm Alphractal disputed that the open interest in BTC had reached a new all-time high.
The cryptocurrency market is experiencing a rebound, prompting discussions about whether Bitcoin has finished its recent correction. After a notable sell-off on Wednesday that saw market capitalization drop to $2.23 trillion, the total has since recovered to around $2.32 trillion, reflecting a slight 0.1% increase in the last 24 hours.
Ethereum co-founder Vitalik Buterin has proposed significant changes aimed at drastically reducing gas costs on the Ethereum network. Historically, high gas prices have been a major issue for Ethereum, especially during periods of high demand.
TeraWulf stands out as a top-performing Bitcoin mining stock in 2024, up 70% YTD with 62.49% institutional ownership. Discover How Financial Health, Expansion, and Low-Cost Energy Fuel TeraWulf's success The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Oct.
Bitcoin hashrate hits new peak levels, inching closer to a Zettahash.
Solana has reached new heights, with its real economic value surpassing Ethereum, fueled by a booming memecoin market.
Bitcoin has had a volatile week, with its price fluctuating between a local high of $69,500 and a low of $65,000. Following weeks of strong bullish momentum, the market has now cooled, and BTC is consolidating just below the crucial $70,000 level.
The Bitcoin and Ethereum price have crashed in the last 24 hours, dropping below $67,000 and $2,500, respectively. This price crash came following news about the alleged investigation into the USDT issuer Tether.
Discover how Bitcoin mining companies are navigating operational efficiency amid global layoff trends by examining their G&A expenses relative to revenue. Analyzing the Operational Efficiency of Mining Firms Like MARA, CLSK, RIOT, and Other Top Miners The following guest post comes from Bitcoinminingstock.
Bitcoin eyes bullish breakout, aiming to smash $67,583 resistance—will it finally hit $70K again?
Ethereum (ETH) continues to perform poorly against Bitcoin (BTC) as the second-largest digital asset by reported market cap hit new multi-year lows against the top cryptocurrency. Ethereum Continues To Underperform Against Bitcoin Today, Ethereum's native ETH token slid further against BTC, recording a low of 0.
Following its bearish start to October, Bitcoin has since shifted momentum, rising as high as $69,000 in the last two weeks. Despite this significant price rally, Bitcoin retail investors remain hesitant to engage the market.
Despite a key catalyst easing pressure, ETH remains on a bearish trajectory.
A deep-pocketed crypto holder who bought Bitcoin (BTC) more than 14 years ago has suddenly moved the flagship digital asset at a massive profit. On-chain data shows that on Friday, the previously dormant crypto wallet abruptly moved a Bitcoin stack at recorded gains of 169,358,650%.
Reducing the need for every node to permanently store all history in addition to unneeded protocol features could mitigate Ethereum's bloat, Buterin said.
Explore Ethereum's recent market trends, whale movements, and upcoming upgrades as we analyze potential bullish momentum in Uptober's trading landscape. Ethereum is an established trading platform for cryptocurrencies. It uses decentralized technologies to enable the development of smart contracts. Founded by Vitalik Buterin in 2014, Ethereum stands firmly behind Bitcoin.
Today, the crypto market recorded outflows, wiping out previous gains in Ethereum and other altcoins. These recent short-term exits weakened the bullish drive, with several digital asset whales repositioning their portfolios.
On Wednesday, Solana's price went up to a new high in relation to Ethereum (ETH). SOL is regarded as one of Ether's main rivals in the smart contract space. Therefore, the fact that SOL/ETH reached a new all-time high is a significant event for SOL traders.
Coinbase announced a new set of fully on-chain AI agents users can create in under three minutes on its Ethereum L2 network Base. Built with tools from Coinbase, OpenAI, and Replit, these agents can manage crypto wallets, connect with X (formerly Twitter), and perform other tasks.
One of the problems of Ethereum, or any blockchain, is that it grows in size over time. This means an increase in the complexity of its code and its storage requirements.
Despite the Bitcoin network's lackluster speeds and a subsequently sub-optimal user experience, Cardano founder Charles Hoskinson is super optimistic about decentralized finance (DeFi) in the Bitcoin ecosystem.
The cryptocurrency market is known for its rapid evolution, and one of the latest innovations gaining traction is liquid staking. This method enables cryptocurrency holders to earn rewards without the constraints of locking up their assets, providing a unique solution for investors in an often unpredictable market.
Base ups the ante in terms of competitiveness as strong weekly volumes earn it a spot in the top 3 ranking.
On-chain data shows the Bitcoin Realized Cap has set a new all-time high (ATH) recently as the market has witnessed sharp capital inflows.
Bitcoin (BTC) is currently trading around $67,000, signaling a recovery after establishing firm support at the $66,000 level, following a modest 2% decline earlier in the week.
The momentum behind Bitcoin exchange-traded funds (ETFs) in the United States has seen a sudden reversal, with a sharp outflow of $79.01 million on Tuesday, breaking a remarkable seven-day streak of positive inflows. This change has ignite questions about whether this is a temporary setback or the beginning of a broader market shift.
According to the paper, central banks collectively hold $2.2 trillion in gold as of Q1 2024 and continue to expand their gold allocations.
Solana's price recently faced challenges in maintaining $175 as a support level, which halted its upward momentum after weeks of gains. This loss in bullish momentum has put SOL under pressure, making it vulnerable to a potential drawdown.
Ethereum (ETH) has fallen to its lowest value against Bitcoin (BTC) since April 2021. On October 23, the ETH/BTC trading pair dipped to just 0.0375 BTC, reflecting a dramatic 55% decline from its previous all-time high.