Bitcoin Network Fundamentals Could Sustain $265,000 Price, CryptoQuant CEO Explains
The CEO of analytics firm CryptoQuant has explained how the Bitcoin network fundamentals could support a market cap three times the current size. Bitcoin Hashrate/Market Cap Ratio Could Reveal Ceiling For Cycle In a new post on X, CryptoQuant…
Render Soars 50% In 1 Week: Whales Accumulating As Apple Jumps In
Render is on the move. Price statistics show that the coin is on an uptrend, rising by 50% in the last week due to surging trading volume. The uptick is primarily due to increased whale interest, which appears to be accumulating, moving RNDR from…
Algorand Market Cap And TVL Skyrocket As ALGO Faces Critical Support Test
Blockchain platform Algorand achieved notable gains in key metrics during the year’s first quarter (Q1), aligning with the overall upward trend observed in the crypto market ecosystem. However, despite this growth, its native token ALGO…
Cardano Entry Of A Lifetime: Analyst Predicts 5,600% Rally To $25
Cardano is currently in a downtrend, continuing to show bearish tendencies as its price trends below $0.5. However, where many have seen an altcoin that does not have many prospects, crypto analyst FieryTrading believes that the digital asset is…
Solana’s Surge: Here’s Why This Analyst Is Predicting A Rise To $360
Recently, a popular crypto trader and YouTuber has predicted a substantial surge in Solana price, forecasting it could reach as high as $360 soon. This prediction is underpinned by a technical pattern on Solana’s chart—a bullish signal…
Crypto Traders Discuss Why Memecoins Have Been 2024’s Most Profitable Narrative
Journalist and host Laura Shin interviewed crypto traders Ansem and Kel, known on X as blkoiz06 and Kelxyz, for her Unchained Podcast. They discussed why memecoins had become the most profitable crypto trade this cycle and what the future might…
Crypto Analyst Predicts 350% Surge For Shiba Inu – Here’s The Target
Crypto analyst Crypto Dona has predicted a 350% price surge for Shiba Inu (SHIB). He suggested that the meme coin will unlikely go higher than that in this bull run. Shiba Inu To Rise To $0.00011 Crypto Dona revealed in an X (formerly Twitter)…
FTT Surges 50% On FTX Creditors’ Claims Settlement And Billions In Compensation: How High Can It Rise?
In a significant development, defunct cryptocurrency exchange FTX has unveiled a reorganization plan to reimburse almost all of its customers. The announcement has sparked a substantial surge in the exchange’s native token, FTT, which…
Cardano Offering Better Buying Window Than Other Top Coins, Santiment Reveals
The analytics firm Santiment has revealed that Cardano (ADA) currently shows a slightly better buying opportunity than the other top coins. Cardano May Be Showing A Good Buying Opportunity According To RSI In a new post on X, Santiment discussed…
Fundstrat CEO Predicts When Bitcoin Price Will Reach $150,000 And $500,000
Thomas Jong Lee, the Chief Executive Officer (CEO) of Fundstrat, an independent financial research boutique, has maintained a bullish stance on Bitcoin. The financial analyst has predicted that the world’s largest cryptocurrency could surge…
Crypto Expert Weighs In On ETH/BTC Pair’s Recent Decline
Amid turbulence surrounding the crypto market, popular founder and Chief Executive Officer (CEO) of Into The Cryptoverse Benjamin Cowen has taken the spotlight to shed his insights on the recent downtrend observed in the Ethereum/Bitcoin (ETH/BTC)…
Forget The Price Dip: Ethereum Network Activity Hints At Imminent Takeoff
Ethereum, the world’s second-largest cryptocurrency by market cap, finds itself in a curious position. While the price struggles for direction, its underlying network is experiencing a surge in activity. Ethereum Network Sees Increase In New…
The recent unimpressive price action of Bitcoin is playing out in the minds of institutional investors, with recent data highlighting their bearish sentiment. This has led to a wave of massive outflows from Bitcoin investment products, which could…
Cardano Update: ADA Faces Make-Or-Break Price Level For Bullish Revival
The Cardano (ADA) price is down 46% since its yearly high and is currently facing a make-or-break price level for a bullish reversal. Here’s what you need to know: Cardano Price Analysis: Daily Chart The daily ADA/USD chart is currently charting a…
Is The PEPE Dream Over? Dissecting The Factors Behind The Meme Coin’s Price Tumble
The once-booming meme coin Pepe (PEPE) has hit a rough patch, experiencing a price drop of nearly 10% in the past 24 hours. This sudden downturn comes amidst a flurry of questions surrounding massive token withdrawals from a major exchange and the…
Breaking Free: Analyst Eyes $1.68 Breakout For XRP After Years In The Shadows
The price of XRP, the native token of Ripple, has been on a rollercoaster ride in recent years. After reaching a peak of nearly $2 in April 2021, it has been in a downward motion, leaving investors wondering if a comeback is on the horizon…
Bitcoin Gets A ‘Monster’ Whale Boost With $1.2 Billion ETF Purchase
Susquehanna International Group, a behemoth in asset management with a trading volume handling numerous financial products globally, has made a substantial investment in Bitcoin through various exchange-traded funds (ETFs). A disclosure to the…
DOT Price (Polkadot) Reaches Key Juncture, Is This Bulls Trap or Correction?
Polkadot (DOT) is correcting gains from the $7.5 resistance against the US Dollar. The price could start another increase if it stays above the $6.75 support. DOT gained pace and tested the $7.5 resistance level against the US Dollar. The price is…
Ethereum Price May Have Another Chance For A Bullish Streak: Here’s How
Ethereum price is correcting gains from the $3,220 resistance. ETH could start a fresh increase if it clears the $3,055 and $3,080 resistance levels. Ethereum started a fresh decline after it faced resistance near $3,220. The price is trading below…
Bitcoin Price Dips Again, Is This A Fresh Bearish Signal?
Bitcoin price failed to clear the $65,500 resistance. BTC is now moving lower and there are a few bearish signs emerging below the $63,500 level. Bitcoin started a fresh downside correction and traded below $63,500. The price is trading below…
Bitcoin ETF Issuer Franklin Templeton Bullish On Solana (SOL), Foresees It As 3rd Largest Crypto
In the wake of the November 2022 crypto market crash, which saw the bankruptcy and collapse of FTX and other firms, Solana (SOL) has emerged as a standout performer, experiencing a year-to-date price increase of over 560%. With a market…
Bitcoin’s Bold Bet: Options Traders Eye $100K Surge By September
The crypto market is currently buzzing with anticipation as Bitcoin options traders position themselves for what they foresee as a “substantial price rally” in September. Particularly, the derivatives market is expressing confidence…
Fantom (FTM) Bull Run: 8% Price Surge And Robust Double-Digit Growth In Key Metrics
Fantom (FTM), a Layer-1 (L1) protocol, and its native token, FTM, have experienced significant gains and notable achievements in the first quarter (Q1) of 2024. According to a comprehensive performance analysis conducted by Messari, amid the…
Dogecoin on the Rise: Over 5 Million Wallets Now Profitable As Potential Surge Looms
So far, Dogecoin has emerged as a significant player among the largest altcoins, exhibiting signs of a strong comeback, particularly highlighted by the recent profitability of numerous wallet addresses. A Surge In Dogecoin Profitable Addresses…
AI Tokens ‘Preparing For Round 2’: Industry Shows 8% Growth With RNDR And FET
Excluding Bitcoin, memecoins were the biggest narrative of this cycle. However, Artificial Intelligence (AI) tokens also performed remarkably during the first quarter of 2024. The crypto market recovered over the weekend from the May 1st retrace…
Can Ethereum Reclaim $4,000? Fragile Fundamentals Threaten To Send ETH Crashing
Ethereum has put on a disappointing performance for its investors over the last few weeks, leading to concerns on whether the second-largest cryptocurrency by market cap has lost its shine. The cryptocurrency continues to skirt around the $3,100…
Polkadot To Sponsor Messi’s Inter Miami: DOT To The Moon?
The Polkadot community has approved a proposal to sponsor Inter Miami, the football club co-owned by David Beckham and featuring superstar Lionel Messi. The move could be a strategic decision to propel Polkadot, a smart contracts platform similar…
Ethereum’s Wild Fluctuations: Here’s What ETH Implied Volatility Tells Us
The cryptocurrency market has recently exhibited distinct divergences in the behavior of its two leading assets, Bitcoin and Ethereum. While Bitcoin appears to be stepping into a phase of relative stability, Ethereum’s journey paints a…
Bloomberg’s Mike McGlone Reveals Why A $150,000 Bitcoin Price Target Is Far Off
Mike McGlone, Senior commodity strategist at Bloomberg Intelligence, has made a rather pessimistic prediction for Bitcoin, emphasizing that the cryptocurrency’s potential rise to $150,00 was a long shot. The strategist has revealed factors that…
In an ever-evolving world of cryptocurrency markets, deciding the bottom of Bitcoin price correction is an endeavor that attracts interest from both investors and analysts. Joining the fray is cryptocurrency analyst and trader MilkyBull offering…
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