ATH

The post Solana ETF Approved in Brazil: SOL Price Hit New ATH Against Ethereum appeared first on Coinpedia Fintech News Amid the ongoing crypto rebound in the past 24 hours fueled by the final ruling of the SEC vs Ripple lawsuit, Solana’s (SOL) price rallied nearly 7 percent to trade at about $155 on Thursday during the early Asian session.  The large-cap altcoin, with a fully diluted valuation of about $90 billion and a daily average traded volume of around…

Bitcoin mining difficulty continues to increase, reaching an all-time high in early August as crypto markets crashed. In the aftermath, the profitability of miners continues to suffer as BTC mining machines fall below their break-even point. Bitcoin Miners Capitulate as Mining Difficulty Soars Head of Research at Galaxy Alex Thorn recently highlighted the 24th biggest increase in Bitcoin mining difficulty since 2016. According to f2pool, at Bitcoin’s current price of $52,982, BTC mining difficulty is at a 90.67 hashrate. “Today,…

The most often used cryptocurrency worldwide, Bitcoin, has had an impressive price rise over the past few weeks, considerably raising trader confidence. The bigger cryptocurrency market still exhibits volatility even with Bitcoin’s recent rallies. Thanks to Ethereum ETFs, which have created conditions perfect for significant price movements, the market is today far more liquid. As Ethereum ( ETH) and Bitcoin (BTC) negotiate these difficult waters, their mechanics as well as the risk of trend reversals are impacting each other. According…

The Bitcoin open interest is a good indicator of how investors are viewing the cryptocurrency and what bets they’re making. This is why the metric hitting a new all-time high is a big deal, carrying serious implications for the market. Once again, the Bitcoin open interest has set a new record and this could spell doom for the digital asset, even if just in the short-term. Bitcoin Open Interest Sets New Record In an interesting turn of events, the Bitcoin…

On-chain data suggests minimal resistance for Bitcoin, which could facilitate a rally toward a new all-time high (ATH). Almost All Bitcoin Investors Are Back In The Green With Latest Recovery According to data from the market intelligence platform IntoTheBlock, resistance looks light in the price ranges ahead. In on-chain analysis, the strength of support and resistance levels is based on the number of investors who last bought their coins at them. The chart below shows what the cost basis distribution…

Bitcoin has definitely performed on the bullish side for the past three weeks. Many investors are now convinced of the full return of bullish price actions, and various technical indicators support this surge in optimism. One such indicator is the hash ribbon, which highlights a positive price momentum for Bitcoin. The hash ribbon provides a compelling view of on-chain activity by tracking the behavior of miners, who are known to have a direct influence on the cryptocurrency’s price. Price Momentum…

The post Bitcoin To Hit ATH After Donald Trump Bitcoin Conference 2024 Speech appeared first on Coinpedia Fintech News As former President Donald Trump prepares to deliver the keynote speech at the Bitcoin Conference 2024 in Nashville, Tennessee, excitement is building in the crypto world. However, this historic moment marks the first time a U.S. presidential candidate will address the Bitcoin Conference 2024. As Bitcoin Price recovers from recent losses, investors are eager to hear what former U.S. President Donald…

The post Bitcoin Within a Re-Accumulation Phase: Here’s When BTC Price Could Break to New ATH! appeared first on Coinpedia Fintech News The markets appeared to have become optimistic as a couple of events were supposed to turn the tables for the majority of tokens, including Bitcoin. The price is hovering in and out of $67,000, which suggests equal participation among the bulls and the bears. This turned out to be a good time to accumulate, as whale activity has…

The PEPE price has remained strong coming out of the crypto market crash, rebounding more than 40% in a single day. This bullishness has fed the narrative for the meme coin, which is touted to be the next big thing on Ethereum. However, the question remains whether the PEPE price will continue to rise from here if it has reached its peak for this cycle. PEPE Price Still Bullish From Here Despite being down around 30% from its May 27…