ATH

TL;DR Bitcoin’s price dipped recently but has begun to recover, raising hopes for a potential rally in May. Favorable regulations and increased institutional adoption could fuel a significant BTC price rally (according to ChatGPT). What Are the Odds of a BTC Rally in May? Despite the promising start of the year and the surge to an all-time high price in March, Bitcoin’s progress stalled in April. The primary cryptocurrency did not start May on the right foot, declining to $56,800…

An analyst has explained what path Bitcoin might need to follow to surge to a new all-time high (ATH) target of $92,190. Bitcoin Needs To Breach This Resistance Barrier To Rise To New ATH In a new thread on X, analyst Ali discussed whether the BTC price has hit the top. The one signal the analyst has pointed out that may point towards the top has been the massive scale of profit-taking that the market has seen recently. Ali is…

The Bitcoin network has witnessed a surge in trading activity in the days after the halving, as shown by on-chain data. Although the just concluded halving brought a lot of attention to Bitcoin, the recent surge in trading activity can be attributed to something else. According to data from on-chain analytics platform IntoTheBlock, the number of daily BTC transactions has grown rapidly in the past few days to reach a new high of 927,000 thanks to a new token standard…

TL;DR The number of XRP wallets holding at least 1 million tokens is nearing an all-time high, reflecting increased investor interest despite recent value fluctuations. Ripple’s final trial phase with the SEC and the Bitcoin halving are anticipated to significantly influence the asset’s price movement. XRP Investors on the Move Over the past several months, the price of Ripple’s XRP has been far from its glory days, hovering in the $0.45-$0.70 range. However, many investors appear to have viewed the rates…

The post Toncoin Maintains Strength While, the Top Cryptos Consolidate: Can TON Price Form New ATH Above $10? appeared first on Coinpedia Fintech News Toncoin price has been displaying enough strength since the last trading day, as the bulls appear to have jumped. The token marked new highs at around $7.67 a couple of days before and is now heading back to secure more highs after a retracement. With the buying volume kicking in again, the TON price now displays…

TL;DR Despite a recent dip, VeChain (VET) has seen a nearly 60% increase in its value year-over-year, with speculation about reaching new highs soon. Analyst predictions are varied, with some expecting short-term rises to $0.06, while others envision a whopping 2,500% rally to $1. VET Price Gearing up for a Peak? Despite plunging significantly in the past week, VeChain’s native cryptocurrency – VET – remains among the best performers on a yearly scale, with its price rising by almost 60%…

The post Crypto Funding Report Q1 2024: Venture Capitalists Show Increased Interest Following Bitcoin’s New ATH appeared first on Coinpedia Fintech News In the first quarter of 2024, the crypto market began a notable upward trajectory, approaching a total market capitalization of $3 trillion. By the first quarter, the market experienced a significant surge, surpassing the peak prices of 2021, which rewarded the long-standing patience of investors and holders. The introduction of spot Bitcoin ETF trading and a substantial increase…

There are roughly 21,000 Bitcoin options contracts due to expire on Friday, April 12. These have a notional value of around $1.5 billion, which is slightly higher than last week’s expiration event. Additionally, crypto markets have been relatively stable this week, with total capitalization hovering at just over $2.7 trillion, and Bitcoin is dominating market movements. Bitcoin Options Expiry Today’s tranch of expiring Bitcoin derivatives has a put/call ratio of 0.62, meaning there are almost twice as many call (long) contracts…

The post Will Bitcoin (BTC) Price Hit New ATH in Less Than 10 Days appeared first on Coinpedia Fintech News Bitcoin Halving is just 10 days away! Altcoin Daily expresses optimism in his YouTube video about Bitcoin’s price potential, suggesting that it is consolidating at all-time highs and poised for a significant breakout. The recent surge in Bitcoin’s price and the anticipation of further gains have sparked significant excitement in the cryptocurrency community. With Bitcoin consolidating at all-time highs, many…