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…
Bitcoin
Analyst Says Bitcoin Crash Might Not Be Over, Why $60,365 Is Important
Crypto analyst Ali Martinez has suggested that the Bitcoin crash might not be over despite the relief rally to $61,000. The analyst highlighted the $60,365 price level as being important to avoid a potential crash to as low as $57,000. Bitcoin Needs To Hold Above This Price Level To Avoid Crash Martinez stated in an X post that $60,365 is a key price level to watch for Bitcoin. He claimed a break below this could cause the flagship crypto to…
8 months ago
Bitcoin Vs. Ethereum: The Battle of the Titans – Which One Will Dominate 2025?
The clash between Bitcoin and Ethereum captures the interest of many in the crypto world. Both giants have their strengths and potential futures. This article explores which cryptocurrency might take the lead by 2025. Dive in to discover which digital coin could be poised for significant growth in the coming years. CYBRO Presale Exceeds $2.9 Million: A One-in-a-Million Next GEN DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $2.9…
8 months ago
Bitcoin Miner Selloff Is Calming Down: Green Sign For Rally To Continue?
On-chain data shows the Bitcoin miner exchange inflows have been dropping recently, a sign that may be bullish for the asset’s price. Bitcoin Miner Exchange Inflow Has Been Declining Recently As explained by CryptoQuant author Axel Adler Jr in a new post on X, miners have gradually been reducing their exchange inflows recently. “Exchange inflows” here naturally refer to transactions heading to wallets attached to centralized exchanges from self-custodial addresses. In the context of the current topic, the exchange inflows…
8 months ago
Bitcoin Price Dip Explained: Key Causes And Where To Expect A Bounce Back To $70,000
Bitcoin (BTC) recently appeared poised for significant upside momentum and has experienced a notable price correction. Following a two-month high of $66,500 last Friday, the cryptocurrency retraced approximately 6% in the past week to around $60,000 by Thursday. Key Buy Zones For Bitcoin The anticipated bullish trend for Bitcoin was initially fueled by easing economic conditions, particularly following the US Federal Reserve’s decision to cut interest rates on September 18. However, escalating geopolitical tensions in the Middle East have shifted…
8 months ago
Do You Know That Bitcoin (BTC) Cannot Change $500 To $1 Million Again? Sign Up For The WallitIQ (WLTQ) Crypto Presale Instead
Bitcoin (BTC) has undeniably revolutionized the world of cryptocurrency, turning early investors into millionaires. However, its golden days of exponential growth are behind us, with its price now soaring to levels out of reach for many aspiring crypto investors. While Bitcoin (BTC) remains a powerhouse, the potential to turn small investments into life-changing sums is far more limited than it once was. Enter WallitIQ (WLTQ)—a rising star in the crypto world, poised to offer the next wave of massive gains…
8 months ago
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BitcoinHBO Claims It Has Unmasked Bitcoin Creator Satoshi Nakamoto
According to the American television network HBO, the pseudonymous Satoshi Nakamoto, who created Bitcoin, may not be a mystery for much longer. The alleged discovery could significantly impact Bitcoin (BTC), as anonymity has played a strategic role in maintaining the cryptocurrency’s decentralized nature. Satoshi Nakamoto Unmasked, HBO Says In a Thursday post on X, HBO said it would premier a documentary to reveal the identity of the pseudonymous Bitcoin creator, Satoshi Nakamoto. Based on the trailer, the documentary will feature…
8 months ago
BlackRock Executive Sees Bitcoin Market at $5.4 Trillion in Coming Years
BlackRock’s US Head of Thematics and Active ETFs, Jay Jacobs, said there is plenty of room for Bitcoin adoption. Jay still estimates a market of Brazilian Real 30 trillion ( ~ $5.4 trillion) in the coming years. The executive attended the Digital Assets Conference in Brazil on Thursday. Mercado Bitcoin promoted the event in partnership with CME Group, Deribit, and Fireblock. BlackRock is the largest fund manager on the planet and one of the first to have authorization and issue…
8 months ago
Bitcoin Price Poised for Recovery: Will the Uptrend Resume?
Bitcoin price is consolidating above the $60,000 support. BTC seems to be eyeing a fresh increase above the $61,200 and $61,500 levels. Bitcoin is consolidating above the $60,000 support zone. The price is trading below $61,750 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $60,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $61,200…
8 months ago
Is Crypto Losing Steam? Bitcoin And Ethereum Addresses Shrink In 2024
The cryptocurrency market is presently experiencing a substantial decline, as both Bitcoin and Ethereum have experienced a substantial decrease in active addresses. This trend, which has persisted throughout 2024, has triggered apprehension regarding the future of these prominent cryptocurrencies. The implications for market dynamics could be profound as investor enthusiasm diminishes. Declining Active Addresses According to the latest stats from CryptoQuant, Bitcoin’s active addresses have contracted by about 1.17 million to 855,000, whereas Ethereum has reduced by about 382,000 to…
8 months ago