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Bitcoin Falls to $60.5K as Coinbase Premium Gap Points to Sell Pressure
[Oct 9, 2024 11:52 PM] Bitcoin had a rough Wednesday, starting the day above $62,000 but quickly slipping to a daily low of $60,541. The market turbulence didn’t stop there, as over $40 million in bitcoin long positions were wiped out. Across the broader crypto…
Peter Brandt’s Bullish Bitcoin Forecast: $135K by 2025, but $48K Is the Line in the Sand
[Oct 9, 2024 2:47 PM] On Wednesday, seasoned trader Peter Brandt shared his long-term perspective on bitcoin, predicting it could reach $135,000 by August or September 2025. This forecast comes with a key caveat: for the projection to hold, bitcoin must stay above a…
AI Cryptos Spike as Broader Market Stays Flat, Sector Nears $30B Milestone
[Oct 7, 2024 8:30 PM] While the crypto market’s overall capitalization has only ticked up by 0.28% over the past day, reaching $2.19 trillion, the artificial intelligence (AI) crypto economy has made more noticeable gains, climbing 5.4% to hover above the $29…
SPX Tops the Charts This Week Jumping 193%, CVC and FTT Also See Gains
[Oct 7, 2024 2:47 PM] According to recent data, bitcoin and ethereum have experienced modest improvements in the last 24 hours, but both have dropped against the U.S. dollar over the week, with losses ranging from 0.8% to 5.5%. However, several other crypto assets saw…
Bitcoin Nears $62K as Crypto Rebounds on Jobs Report and Rate Cut Hopes
[Oct 4, 2024 2:20 PM] On Friday, the global crypto market saw a boost in value, with bitcoin (BTC) climbing 2.29%, approaching the $62,000 mark at 9:30 a.m. EDT. Ethereum (ETH) joined the upward trend, gaining a more modest 1.6%, pushing toward the $2,400 level. Bitcoin…
Mass Liquidations Impact Over 100,000 Traders Amid Crypto Market Downturn
[Oct 3, 2024 5:10 PM] Bitcoin’s price briefly dipped to an intraday low of $59,860 shortly after 9 a.m. EDT on Oct. 3, 2024. As of 1 p.m., the cryptocurrency is trading above the $60,000 mark, though it continues to face challenges in maintaining this key…
QCP Capital: Middle East Tensions Hit Bitcoin Harder Than Traditional Markets
[Oct 2, 2024 1:40 PM] In its Oct. 2 market analysis, QCP Capital highlights the effect of escalating Middle Eastern conflicts on traditional financial (tradefi) assets and the cryptocurrency market. According to QCP’s researchers, the market response has been…
Middle East Tensions Trigger Equities Sell-Off, Bitcoin Drops to $60,246
[Oct 1, 2024 9:35 PM] On Tuesday, major U.S. stock indices, including the Nasdaq Composite, Dow Jones Industrial Average, Russell 2000, and S&P 500, all closed in negative territory, driven by growing concerns over potential conflict escalation in the Middle East…
EIGEN Token Enters the Crypto Scene, Sees Early Gains and 12% Price Drop
[Oct 1, 2024 6:30 PM] On Monday, eigenlayer (EIGEN) made its debut on major exchanges, hitting a peak of $4.47 per token. However, by 1:30 p.m. EDT on Oct. 1, the price had dipped 12%, settling at $3.90 per coin. By 2 p.m. it was exchanging hands for $4.30 per unit…
Bitcoin Stumbles as ‘Uptober’ Kicks Off With a Slump
After Initial Surge, MOODENG Falls 45.6%; Hamster Kombat Drops 51% From Peak
[Oct 1, 2024 3:45 PM] According to the latest market updates, two fresh-faced crypto assets, moo deng (MOODENG) and hamster kombat (HMSTR), have faced some dips over the past 24 hours. While HMSTR had a rocky launch, MOODENG initially skyrocketed, but the meme token has…
Digital Collectibles Market Struggles as September NFT Sales Slide by 47.9%
[Oct 1, 2024 1:30 PM] Over the last two weeks, non-fungible token (NFT) sales have enjoyed steady week-over-week increases. However, when we compare the numbers from September to August, the story takes a different turn. Data from Cryptoslam.io reveals that September…
Bittensor’s TAO Flips ICP to Become Second Largest AI Coin Amid Market Shift
[Sep 30, 2024 4:11 PM] According to the latest market trends, the artificial intelligence (AI) coin bittensor (TAO) has overtaken internet computer (ICP), now sitting as the second largest AI-focused coin, just below near protocol (NEAR). TAO’s 5.7% 24-Hour Jump Pushes…
Crypto Market Holds Strong Despite Monday Dip: MOODENG and ETHW Shine
[Sep 30, 2024 2:15 PM] The crypto economy had a fairly solid week, though Monday morning brought a bit of a dip. The market currently holds at $2.26 trillion, reflecting a 1.6% drop over the last 24 hours. Among the big winners, meme coin MOODENG took the spotlight…
TON-Based Hamster Kombat Token Plummets 42% in 3 Days
[Sep 29, 2024 9:14 PM] On Sunday, Sept. 29, 2024, market data revealed that the TON-powered crypto asset, hamster kombat (HMSTR), experienced a 14% drop against the U.S. dollar over the last day, just three days after its market debut. Initially trading at $0.009993 per…
QCP Capital: Risk Assets Rise on Global Stimulus Outlook
[Sep 28, 2024 9:10 PM] According to a weekend market insights analysis provided by QCP Capital, risk assets experienced a notable rally this week, driven by central bank stimulus measures and key political developments. Analysts from QCP highlighted multiple factors…
Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’
Meme Coins Shine: SHIB Climbs 35%, MOODENG Rises to $305M Market Cap
[Sep 28, 2024 5:05 PM] In the past week, meme coins have been on a roll, with shiba inu (SHIB) leading the top five pack, gaining 35.5% against the U.S. dollar over seven days. However, the real standout was MOODENG, the meme token inspired by a baby pygmy hippopotamus…
Bitcoin Tops $66K as Inflation Cools, $9.67M in Shorts Liquidated
[Sep 27, 2024 3:30 PM] Bitcoin prices continued climbing this week, reaching an intraday peak of $66,456 per unit at 10:35 a.m. ET on Friday, marking a 2.4% boost against the U.S. dollar today and a solid 5% gain over the past seven days. Bitcoin Jumps to $66,456…
Bitcoin Reaches $65K — Market Braces for Major Options Expiry
[Sep 26, 2024 3:55 PM] At 11:40 a.m. EDT on Thursday, bitcoin (BTC) surpassed the $65,000 mark. After the latest climb, the current trading price per BTC stands at $65,430 per coin. Bitcoin Peaks Above $65K Bitcoin (BTC) has enjoyed a rise today, reaching $65,499 during…
QCP Capital Analyzes Bullish Macro Trends Impacting Bitcoin and Risk Assets
[Sep 25, 2024 6:30 PM] According to QCP Capital’s latest analysis, macroeconomic conditions are becoming increasingly favorable for risk assets, including cryptocurrencies. Central bank policies, particularly from China and the U.S. are playing a crucial role in…
Bitcoin Bounces Back Above Key Averages, Glassnode Sees New Investor Resilience
AI-Focused Cryptos Outshine the Pack This Week, Bittensor Tops Gains
[Sep 25, 2024 4:33 PM] This past week, the digital asset market experienced a broad upward trend, with the artificial intelligence (AI) crypto sector standing out as the top performer over the last seven days. This week, the AI-driven crypto sector climbed 30.59% against…
Weekly Crypto Standouts: CEL’s 339% Surge, BNX’s 15% Decline
[Sep 23, 2024 3:13 PM] On Monday, Sept. 23, 2024, the crypto market reached a total value of $2.22 trillion, marking a 1.3% increase in just 24 hours. Over the past week, bitcoin (BTC) climbed 8.7% against the U.S. dollar, while ether (ETH) enjoyed an impressive 15.8%…
QCP Capital: Crypto Rally Extends, Supported by ETF Inflows
[Sep 21, 2024 6:30 PM] Bitcoin (BTC) and ether (ETH) surged for a third consecutive day, supported by strong inflows into spot exchange-traded funds (ETFs), according to a weekend analysis by QCP Capital. The firm reported that bitcoin retested the $64,000 mark, while…
Bitcoin Rockets to $63.8K: $6.36B in BTC Pulled From Exchanges in 30 Days
[Sep 19, 2024 5:59 PM] On Thursday, bitcoin (BTC) soared to a peak of $63,882, marking a 7.8% increase against the U.S. dollar over the past month. During this same period, approximately $6.36 billion worth of BTC was pulled from crypto exchanges, hitting levels not seen…
Bitcoin Taps $63K After Fed Rate Cut Sparks Market Rally
[Sep 19, 2024 2:00 PM] Bitcoin reached an intraday peak of $63,227 on Thursday, following the U.S. Federal Reserve’s decision to lower the benchmark interest rate by 50 basis points the previous day. The entire cryptocurrency market has gained over 5%, and in the…
Bitcoin Market Stagnation Signals Potential for Future Volatility, Report Shows
[Sep 18, 2024 4:44 PM] Bitcoin’s market is currently experiencing a period of stagnation, characterized by minimal capital inflows and outflows. According to an onchain analysis from Glassnode, researchers highlight that this inactivity may lead to heightened…
Markets Await Fed Decision: Bitcoin Spikes, Gold Drops, Stocks Wobble
[Sep 17, 2024 8:15 PM] Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds. While BTC posted a 5% gain, stock markets exhibited mixed signals, hovering near…