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…
BTC
Ethereum (ETH) To Touch $15,000 If Bitcoin (BTC) Reaches $180,000, Altcoins Set To Follow
Based on several projections, Bitcoin (BTC) could rise to as high as $180,000 at the peak of this bull run. Ethereum (ETH) could also reach $15,000, while altcoins like ETFSwap (ETFS) are predicted to enjoy parabolic rallies, providing investors with significant returns in this market cycle. ETFSwap (ETFS) Can Surge To $5 As Bitcoin (BTC) Reaches $180,000 Analysts predict that ETFSwap (ETFS) will surge to $5 as Bitcoin (BTC) reaches $180,000. As part of their prediction, these analysts have stated…
8 months ago
BlackRock Bitcoin Stash Nears 370,000 BTC, Closes In on Binance
BlackRock remains steady with its Bitcoin accumulation appetite, growing its portfolio to 363,626 BTC as of Friday, September 27. The asset manager has been bullish on crypto for nearly a decade and does not show signs of stopping. As it grows its Bitcoin holdings, BlackRock is solidifying its place among the most dominant institutional players in the crypto playing field. BlackRock Grows Bitcoin Portfolio With 1,434 BTC Purchase The asset manager bought 1,434 BTC valued at $94.3 million on Friday, bringing…
8 months ago
Crypto Price Analysis 9-27 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, RIPPLE: XRP, BITTENSOR: TAO, RENDER: RNDR
Bitcoin (BTC) went above the crucial $65,000 mark for the first time in four weeks and is up almost 3% over the past 24 hours. BTC’s move past $65,000 comes just ahead of the expiry of over $5.8 billion in options contracts, which analysts believe could increase volatility in the crypto markets. The jump seems to be driven primarily by monetary stimulus in the US and China, which led to crypto markets registering a substantial jump. Nearly all major cryptocurrencies…
8 months ago
Bitcoin (BTC) overcomes resistance – $70,000 is next
Thursday saw the BTC/USD pair make a higher high, breaking through the $65,000 resistance. Friday is so far showing a daily confirmation above the resistance, which, should this be successful, will provide the platform for the next leg up towards the major $70,000 resistance. Greed is back Source: Alternative.me The bull market is back. Sentiment is tipping back to Greed across the market, as displayed by the Fear and Greed Index. Only last month, this indicator was deep in…
8 months ago
BlackRock Continues To Buy Bitcoin: Holdings Now Reach 358,000 BTC Worth $22 Billion
In less than nine months since the launch of its Bitcoin exchange-traded fund (ETF) following the approval of these investment vehicles by the US Securities and Exchange Commission (SEC), asset manager BlackRock has established itself as the world’s largest Bitcoin fund. A Tale Of Two Titans In Bitcoin And Ethereum Holdings According to on-chain data from blockchain analysis platform Arkham, BlackRock has aggressively expanded its Bitcoin holdings through its ETF, known as IBIT over the last months. Despite recent market…
9 months ago
Crypto Price Analysis 9-26 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGWIFHAT: WIF, TONCOIN: TON, COSMOS: ATOM, AKASH NETWORK: AKT
Bitcoin (BTC) retreated from $64,000 late on Wednesday after reaching a peak of $64,780, just short of the crucial $65,000 price level. The overall crypto markets saw a slight retreat, with the market cap falling by 0.82% to $2.23 trillion. BTC is down almost 1% over the past 24 hours but could look to push back above $64,000 if buyers can regain momentum. While BTC retreated, the crypto markets tested new monthly highs when its market cap climbed to $2.25…
9 months ago
Bitcoin (BTC) prepares to make a higher high
The BTC/USD pair is currently holding above $63,500. The next step for the bulls is to push the price above $65,050, which would be an all-important higher high, and would officially break the current downtrend. Is this the first stage in Bitcoin’s drive towards its all-time high? Momentum is pushing Bitcoin higher Source: TradingView The $BTC price is potentially about to crack open the door that will lead to the next higher high, and the path towards the top of…
9 months ago
Crypto Price Analysis 9-25 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, BITTENSOR: TAO, RIPPLE: XRP, CELESTIA: TIA
Bitcoin (BTC) and Ethereum (ETH) continued to climb after witnessing a slight correction on Tuesday as the crypto market rally continued. BTC is within touching distance of $65,000, and ETH is close to the $2,700 mark. The overall crypto market capitalization also registered an increase of 2.01% to climb to $2.26 trillion. BTC is up over 2% in the past 24 hours, while ETH is up 0.80% in the same duration. The surge in the cryptocurrency and traditional markets can…
9 months ago
Shiba Inu ($SHIB) Investors Rush to Best Friend Husky Inu ($HINU) as $BTC and $ETH Recover
Memecoins are making marginal recoveries after spending weeks in the red. Amid the broader memecoin recovery, investors are continually looking at alternative projects such as Husky Inu ($HINU) to help mitigate the potential uncertainty of the inherent crypto market. Memecoins have been down in price over the past weeks but appear to be making a marginal recovery. While memecoins such as Dogecoin ($DOGE), Shiba Inu ($SHIB) and Dogwifhat ($WIF) make their recovery, Husky Inu ($HINU) continues its hugely successful presale…
9 months ago