Bitcoin

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…

The Bitcoin price has been relatively quiet in October, but things seem to be looking up after the premier cryptocurrency broke the $63,000 mark on Saturday, October 12. However, the crypto has to scale a major resistance level if the current bull run is to get back on track. $64,000 The Resistance Level To Watch: Analyst In a Quicktake post on CryptoQuant, an analyst with the pseudonym ShayanBTC has put forward an interesting prognosis for the Bitcoin price in the…

You are not alone if you are disappointed that you did not invest in Bitcoin (BTC) when it first launched. A large question for many people has been how they managed to miss the opportunity to fully embrace such a force with a multitude of striking benefits as Bitcoin. But, the crypto market is changing, and there will be new opportunities. As the technology underlying blockchain rapidly develops and new products come onto the market, the investment space in the…

Bitcoin whales have stockpiled $90 billion in BTC since May, a period marked by range-bound market conditions. According to an open disclosure by Axel Adler Jr. of CryptoQuant, investors holding over 1,000 BTC have seen rapid growth in their balances. Whale Appetite Grows Over the past six months, they accumulated about 1.5 million BTC, representing a massive inflow of capital worth approximately $90 billion at an average price of $60,000. However, these tokens came from weaker hands that sold at…

Sui (SUI) could witness a bullish breakout soon enough, with crypto traders betting on the crypto climbing above $2. SUI’s fundamentals also paint a bullish picture for the crypto and indicate that it could be one of the best performers in this market cycle. SUI Eyes Breakout With Traders Going Long SUI could be on the verge of a breakout, with traders betting that the crypto will rise higher. Coinglass data shows that the long/short ratio is currently at 1.3,…

A particular crypto analyst has boldly predicted that XRP price could rise to $60, driven by the influx of demand and capital from institutional investors as it taps into the market share or daily volume of the SWIFT, a global messaging solution for banking and payment.  XRP Eyes $60 With SWIFT’s Volume Boost In a recent X (formerly Twitter) post, Levi Rietveld proposed a unique scenario where XRP’s price could potentially surge to $60, marking a staggering increase of approximately…

In an interesting move, Cardano (ADA) has rebounded by almost 4% in the past 24 hours, in what seems to be an uptick in activity among large ADA holders. The price of ADA started the week on a bearish note and spent the majority of the week trending downwards. Particularly, the ADA price fell by about 9.5% to bottom out at $0.33260. However, the crypto has rebounded and has increased by about 6% from this low.  This price rebound was…

In line with the general crypto market, Ethereum (ETH) produced a positive price performance in the past day with a significant 4.50% gain, according to data from CoinMarketCap. Following this price rise, the altcoin moved its weekly profits to around 1.35% after what has been a turbulent trading week. However, certain market indicators signal the ETH market remains far from a bullish breakout. Ethereum MVRV Far From Critical Bullish Level, Analyst Says  In an X post on Friday, crypto analyst…

According to data from CoinMarketCap, Bitcoin (BTC) gained by 4.08% in the last 24 hours as it briefly traded above the $63,000 price mark. Notably, this price rise comes following a decline that saw the market leader trade below $59,000 on Thursday. While the market sentiment is currently bullish, certain conditions are needed to procure an actual bullish breakout. Bitcoin On The Brink Of Short-Term Bullish Run Following Bitcoin’s price ascent to around $62,000 on Friday, CryptoQuant analyst with the…

A crypto analyst has offered an update on their analysis, predicting the Bitcoin price to climb to a new all-time high in the coming months. What’s Next For Bitcoin In October? In a September 23 post on X, crypto analyst Ali Martinez put forward an interesting prognosis on the current price action of Bitcoin and its future trajectory. According to the pundit, the premier cryptocurrency looked set for a bullish breakout — albeit not in a straightforward move. In his…

Former President Donald Trump foray into decentralized finance (DeFi) with his initiative, World Liberty Financial, has officially begun onboarding users, with a public sale of its WLFI token scheduled for October 15.  This announcement comes as the project aims to raise $300 million at a valuation of $1.5 billion through its initial token offering, which garnered significant attention in the cryptocurrency community. The Trump DeFi Initiative In a recent post on X (formerly Twitter), World Liberty Financial announced that the…

Bitcoin (BTC) may experience increased volatility in the coming days, driven by speculation surrounding another Chinese fiscal stimulus announcement and the expiration of BTC options worth $1.1 billion. Chinese Stimulus Measures To Help Bitcoin? According to the State Council Information Office, China’s Finance Minister, Lan Fo’an, is expected to provide details on upcoming fiscal stimulus measures during a press conference on Saturday. These measures aim to stimulate economic activity in the country. On September 24, the People’s Bank of China…

It’s been a tale of different fates for different altcoins as the crypto market becomes increasingly unpredictable. However, recent developments point to a period of stability for top meme coin, Shiba Inu (SHIB). Elsewhere, experts are tipping a new meme coin, Cutoshi (CUTO), as one of the projects that could outdo the duo of PEPE and Shiba Inu (SHIB). Analysts are predicting a strong end-of-the-year bull run for the meme coin sector, and with Cutoshi bringing Defi and memes to…

In Q3 2024, four cryptos could turn a modest investment of $500 into a potential fortune. Kaspa, Ripple, Polkadot, and Cybro are being eyed by market experts for their promising growth. Discover which of these digital assets are set to explode and how they could transform a small sum into a million-dollar portfolio within just eight weeks. CYBRO Presale Exceeds $3 Million: A One-in-a-Million Next GEN DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive…

A savvy investor who skyrocketed from $800 to an astounding $5 million with Dogecoin and Solana in 2021 has made an exciting new move. After a 400-day hiatus, this seasoned trader has dived back into the market with a brand new AI altcoin. Discover which coins show promise for explosive growth in the detailed article ahead. CYBRO Presale Climbs Past $3 Million: A One-in-a-Million DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale…

Tired of the daily grind and dreaming of sudden wealth? Certain cryptocurrencies might hold the key to fast fortune. Uniswap, Cybro, and Dogecoin are increasingly seen as potential game-changers in the digital currency space. This article will delve into why these coins are gaining traction and how they could lead to financial freedom. CYBRO Defies Market Headwinds, Empowering DeFi Investments with Smart AI Solutions CYBRO is revolutionizing the DeFi landscape by harnessing the power of artificial intelligence to maximize earning…

With the rapid evolution of digital currencies, a modest investment today could lead to significant rewards in the near future. Some cryptocurrencies are positioned for exceptional growth, potentially transforming a $1,000 stake into the value of a new sports car by 2026. Spotting these opportunities early is key for those looking to capitalize on the next big surge in the crypto market. One such promising crypto is XYZVerse (XYZ), an innovative memecoin that unites sports fans across football, basketball, MMA,…

Discover the top digital assets poised to generate steady returns without active trading. This piece dives into promising cryptocurrencies that can enhance passive income. Experts share insights on the coins set for growth, offering valuable guidance for those looking to maximize their crypto investments. Curious about which tokens could boost your earnings? Read on to find out more. CYBRO Presale Soars Past $3 Million: A One-in-a-Million NeoBank Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive…

Imagine turning a humble $500 into an astonishing $5 million by 2026. While it might sound like a fantasy, four emerging cryptocurrencies could make this a reality. Market analysts are buzzing about one in particular, hailing it as the most promising investment since Bitcoin first appeared. Delve into which digital coins are set for explosive growth and could revolutionize financial futures. DOGEN Pumps Hard: The Strongest Meme Token Dominating Crypto Doge, Shib, and Floki will be left whimpering as the…

As the US presidential election approaches, the crypto industry has emerged as a focal point of political debate, with key figures from blockchain payments company Ripple expressing divided support for leading candidates Vice President Kamala Harris and former President Donald Trump.  This division comes amid ongoing debates about regulatory frameworks, particularly concerning the US Securities and Exchange Commission (SEC) and its enforcement actions against the cryptocurrency sector. Ripple Larsen’s $1 Million XRP Donation  Christian Larsen, co-founder of Ripple, has made…

The Bitcoin ongoing rebound, reclaiming the $62,000 price mark once again today, has sparked renewed optimism in the cryptocurrency community. According to a recent analysis by CryptoQuant analyst Crypto Dan, the current market is still amid a bull cycle, with promising long-term prospects for Bitcoin holders. While the market has faced some short-term turbulence, key indicators suggest that more gains may be on the horizon. Bull Run Is Still In Progress Crypto Dan’s insights, shared on the CryptoQuant QuickTake platform,…

Peter Brandt, a well-known veteran in the trading community, recently took to X to share a concerning outlook on Bitcoin price trajectory. Brandt’s warning comes amid a relatively stagnant performance by the leading crypto, failing to produce any decisive moves toward new all-time highs in recent months. Brand pointed out a historical pattern that could signal a 75% drop for Bitcoin. Reason Why A 75% Plunge Could Be Looming In his post, Peter Brandt pointed out that Bitcoin has been…

Bitcoin is currently hovering above a key support level, and any minor selloff triggered by a group of traders could potentially snowball into a wave of intense selling pressure. This fragile situation is underscored by data from the on-chain analytics firm Santiment, which revealed that over 30,000 BTC, valued at approximately $1.83 billion, has been transferred to crypto exchanges within a short period. Undoubtedly, such a huge amount of BTC entering crypto exchanges is problematic, especially in terms of a…

Rising roughly 200% since mid-September, Baby Doge Coin (BABYDOGE) has fundamentally rocked the digital currency market. Reaching early August, it has climbed an impressive 237% from its lowest price this year. The enthusiasm commenced when Baby Doge was listed on Binance. Such listings frequently generate excitement and attract interest in tokens, and BABYDOGE proponents are evidently capitalizing on this momentum. Baby Doge: Surpassing September Peaks Following its lows on September 6, Baby Doge experienced a 215% increase within three weeks,…