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Vilnius, Lithuania, September 26th, 2024, Chainwire The BITmarkets crypto exchange has published its end-year update for its crypto study on the game-changers for crypto in 2024, entitled “Revisiting the Game-Changers for Crypto”. Amongst the listed assets, which include cryptocurrencies and other digital assets with the potential to transform the crypto world as we know it, an emerging newcomer is Sui—a blockchain token that is gaining popularity and significance within the decentralized finance (DeFi) applications and technology. “Sui’s continued innovations and…

Bitcoin (BTC), the world’s largest cryptocurrency, has rallied over 22% in the past two weeks to trade at around $63,200, following a significant drop to $52,000 on September 6. This is the highest level BTC has reached in almost two months. Critical Resistance At $65,200 Looms According to a recent report from digital asset trading platform Bitfinex, this price increase was largely driven by the Federal Reserve’s (Fed) decision to cut interest rates, which helped propel BTC to a new…

XRP trades at a pivotal moment after several days of volatile price action, sparking renewed optimism among investors. Some analysts believe that XRP is on the verge of breaking out from a massive 4-year bullish triangle pattern, which has served as an extended accumulation period.  This technical formation has been steadily building up, and now XRP appears poised for a significant expansion phase. Following years of underperformance caused by the ongoing SEC lawsuit and broader economic uncertainty, the market is…

In a notable divergence from the broader cryptocurrency market, Cardano (ADA) has faced challenges in capitalizing on the recent bullish sentiment triggered by the Federal Reserve’s decision to reduce interest rates by 0.50% earlier this week.  While major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have seen gains exceeding 5% in the same timeframe, ADA currently trades at $0.3517, reflecting a 2% decline over the past week. Buy Signals For Cardano  Despite these short-term setbacks, analysts remain optimistic about Cardano’s…

Recent CryptoQuant analysis suggests that short-term Bitcoin holders’ average buy price could be a key factor in predicting the leading crypto’s future movements. The focus is on holders who have had Bitcoin for months, with historical data indicating that their average buy price often serves as a critical support or resistance level. These short-term holders’ buy prices have been linked to significant shifts in Bitcoin’s market direction. How Short-Term Holders Buy Price Hints At Future Move The analysis, provided by an analyst…

As the broader cryptocurrency market experiences notable gains following the Federal Reserve’s rate cuts, Bitcoin (BTC) has reached a price of $63,670 on Thursday, marking substantial bullish momentum since late August. This surge has sparked increased interest from both retail traders and institutional players, leading to diverse positioning within the market. Divergence In Trader Strategies According to a recent post on social media site X (formerly Twitter) by technical analyst InspoCrypto, the recent price action on the Binance BTC/USDT perpetual…

Could Ethereum break the $3,000 mark this autumn? Market analysts are buzzing with predictions. While Ethereum leads the charge, other altcoins show promising signs of growth. This article delves into expert opinions on Ethereum's price potential and highlights key altcoins poised to rise. Get ready for the insights that could shape investment decisions. Ethereum (ETH) Ethereum may be trading between $2240 and $2430, but the current market setup suggests it could be on the verge of a significant breakout. While…

Bitcoin has long been characterized by its cycles of bull and bear markets, each marked by the trajectory of its price movements. However, the crypto appears to be in a transitional phase, according to a CryptoQuant analyst under the pseudonym CryptoHell. CryptoHell has recently shared insights into Bitcoin’s current market cycle, providing investors with key indicators to watch during this period. Understanding The Bitcoin Bull-Bear Transition Phase In a recent post on the CryptoQuant QuickTake platform, CryptoHell revealed that Bitcoin’s…

The cryptocurrency market is always on the lookout for new opportunities, and Sui (SUI) has been a standout in recent months, attracting a large number of investors with its strong performance and technological advancements. However, despite Sui’s stellar growth, many of its investors are now looking at another promising token — Mpeppe (MPEPE), a new casino-focused ICO. There are several reasons why Sui investors are jumping on the Mpeppe bandwagon, and in this article, we’ll explore those factors and why…