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Bitcoin (BTC) slipped below $61,000 earlier today and is down almost 3% over the past 24 hours as it struggles to maintain its position above $60,000. According to analytics firm Santiment, the crypto market has turned bearish, which has impacted several assets, including BTC, Ethereum (ETH), Solana (SOL), and Ripple (XRP).  Analysts had warned that short-term BTC holders could be tested if BTC slips below $61,000. BTC has been trading in a narrow price range, with its low levels of…

Nerves are jangling once again among Bitcoin investors as $BTC plummets $4,200 over the last 3 days. Price is holding above $60,000 currently. Can this continue to hold? Will there be one more flush out before $BTC heads higher again? Bitcoin investors given quite a ride The unrelenting shocks to the Bitcoin price are very likely shaking out any weaker hands that were still clinging desperately to their positions. Very much like a bucking bronco, Bitcoin is taking investors through…

After a considerable surge for relatively new layer 1 networks $SUI and $APT, both have been cooling off over the last two or three days. With both coming down to support, could the next bounce be about to take place? Short term price momentum about to lift the $SUI price Source: TradingView The short term time frame chart for $SUI shows that the price (SUI/USD) has practically come down to the ascending trend line, and has already dipped below the…

Memecoins have delivered unparalleled gains over the past year and are available at relatively reasonable prices. These low prices, coupled with their potential for immense growth, make memecoins one of the most potentially lucrative investments available. Five projects stand out for their innovative technology, unique attributes and strong community affiliation: Husky Inu ($HINU), Shiba Inu ($SHIB), Pepe ($PEPE), Bonk ($BONK) and Brett ($BRETT).  Husky Inu ($HINU) Determined for Immense Growth Husky Inu ($HINU) recently joined the crypto scene, significantly impacting…

The SUI Foundation announced support for native USD Coin (USDC) on the Sui Network (SUI) blockchain. According to an Oct. 9 press release, NAVI—Sui Network’s top decentralized finance (DeFi) and liquidity protocol—has already announced plans to integrate USD Coin on the day it launches on the SUI blockchain. The network will see $120 million worth of USDC be deployed on its blockchain, making it the third in order of USDC supply. The introduction of native USDC enhances Sui Protocol’s DeFi…

Tron price is holding gains above the $0.1560 zone against the US Dollar. TRX is outperforming Bitcoin and could start a fresh increase above $0.1600. Tron is stable and holding gains above $0.1560 against the US dollar. The price is trading below $0.1580 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.1585 on the hourly chart of the TRX/USD pair (data source from Kraken). The pair could continue to climb higher…

The recent Bitcoin price action appears to have caught the attention of market analysts, with a particular focus on its positioning between key psychological levels. A CryptoQuant analyst under the pseudonym “datascope” recently posted on the CryptoQuant QuickTake platform, providing an in-depth analysis of Bitcoin’s current price movements. The analyst highlighted that Bitcoin is at a critical psychological turning point, where market sentiment could shift towards optimism or pessimism based on its trajectory. Bitcoin Historical Patterns Suggest Optimism Could Persist…

Bitcoin’s exchange-traded funds (ETFs) are once again generating headlines due to an extraordinary increase in inflows. An investment of $235.2 million in Bitcoin ETFs occurred on October 8, indicating a substantial increase in investor appetite. This surge, based on data from Farside Investors, follows a relatively uneventful beginning to the month, but it indicates a resurgence in investor confidence in the cryptocurrency market. Fidelity And BlackRock Lead The Way This was led by Fidelity’s Bitcoin ETF (FBTC) with a $103.7…

XRP price is still trading in a range below the $0.550 level. The price is slowly moving lower and there could be more downsides below $0.520. XRP price is still stuck in a range above the $0.5080 support. The price is now trading below $0.5300 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $0.5285 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish…