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Bitcoin Nears Two Important On-Chain Levels: What Happened Last Time

Bitcoin News

Data shows Bitcoin is currently nearing two notable on-chain price levels. Here’s what happened the last time BTC broke above them. Bitcoin Is Approaching Vaulted Price & MVRV +1SD Currently In a new post on X, Glassnode leads on-chain analyst Checkmate points out that BTC has been near two on-chain price levels recently. The first…

Bitcoin Nears Two Important On-Chain Levels: What Happened Last Time Read More »

Bitcoin To Go ‘Ballistic’ After Halving, Says Top Analyst – Here’s Why

Bitcoin News

As the crypto space eagerly awaits the highly anticipated Bitcoin halving event, top crypto analyst Willy Woo has emerged with a bullish prediction that has stirred considerable excitement among enthusiasts. Woo particularly underscored the potential for Bitcoin’s price to surge dramatically, using the term “ballistic” to describe the expected trajectory post-Halving. Notably, Bitcoin’s Halving is…

Bitcoin To Go ‘Ballistic’ After Halving, Says Top Analyst – Here’s Why Read More »

Ethena’s (ENA) Crucial Role In Bitcoin Bull Market: Expert Identifies Critical Factors For Sustainable Growth

Bitcoin News

The recent volatility in the Bitcoin (BTC) price and its struggle to consolidate above the $70,000 mark has raised questions about the sustainability of its ongoing bull run. However, market expert Charles Edwards, co-founder of Capriole Invest, believes that the decentralized finance (DeFi) protocol Ethena Labs (ENA) could significantly extend and boost Bitcoin’s bull market…

Ethena’s (ENA) Crucial Role In Bitcoin Bull Market: Expert Identifies Critical Factors For Sustainable Growth Read More »

Paradigm Drives $225M Funding Round For Monad Labs, Blockchain Rival To Ethereum, Solana

Cryptocurrency Market News

Venture Capital (VC) firm Paradigm is leading a substantial $225 million funding round for a new Layer 1 (L1) network, that aims to compete with the Ethereum (ETH) blockchain. Other notable participants include VC firms Electric Capital and Greenoaks. According to a recent Fortune Magazine report, Monad Labs, the company behind the blockchain project, aims…

Paradigm Drives $225M Funding Round For Monad Labs, Blockchain Rival To Ethereum, Solana Read More »

Crypto Prophet Jeremy DaVinci Predicts Bitcoin Surge: Are We Headed For $130,000?

Bitcoin News

Amidst the recent market retracement, notable crypto enthusiast and YouTuber Jeremy DaVinci has sparked optimism in the Bitcoin community. DaVinci’s analysis revolves around a technical indicator, the Bollinger Bands, suggesting a potential rally in Bitcoin’s price trajectory. Where Are We Headed To? According to DaVinci, Bitcoin has closed above the upper Bollinger Bands indicator for…

Crypto Prophet Jeremy DaVinci Predicts Bitcoin Surge: Are We Headed For $130,000? Read More »

Shiba Inu Sees Bullish Reversal In On-Chain Metrics, Can SHIB Price Recover?

Shiba Inu

Shiba Inu (SHIB) could be on the brink of a price recovery following a bullish reversal in critical on-chain metrics. This also includes the burn rate, with a recent development showing a sustained increase in the number of SHIB tokens burned.  Shiba Inu Demand Looks To Be On The Rise There has been an increase…

Shiba Inu Sees Bullish Reversal In On-Chain Metrics, Can SHIB Price Recover? Read More »

Are The Odds In Bitcoin Bulls Favor? These Analysts Forecast BTC’s Future

Bitcoin News

As the Bitcoin (BTC) “Halving” approaches, expectations increase about how the flagship cryptocurrency will perform. Bitcoin (BTC) is recovering momentum after facing a significant correction in the first few days of Q2, and some analysts are forecasting new heights for the number one cryptocurrency soon. Are The Odds In The Bulls Or Bears Favor? Bitcoin…

Are The Odds In Bitcoin Bulls Favor? These Analysts Forecast BTC’s Future Read More »

Solana Open Interest Drops $370 Million Amid Network Troubles, $200 Still Possible?

Solana

Amid the issues that continue to plague the network, the Solana open interest has seen a drop in the last week. This drop coincides with a decline in the cryptocurrency’s price, suggesting that investors may be getting wary of waiting for a fix to come through. Solana Open Interest Drops By $370 Million Solana saw…

Solana Open Interest Drops $370 Million Amid Network Troubles, $200 Still Possible? Read More »

Bitcoin To $150,000 Is “Programmed” With Halving Approaching: Analyst

Bitcoin News

With Bitcoin ripping higher and closing in on breaking all-time highs, one analyst on X thinks $150,000 post-halving is “programmed.” The analyst remains upbeat in a post, highlighting several fundamental developments that could drive the world’s most valuable coin to new valuation and more than 2X from spot rates.  Currently, the path of least resistance remains northward.…

Bitcoin To $150,000 Is “Programmed” With Halving Approaching: Analyst Read More »

Is Bitcoin Headed For A Crash? Analysts Cite Possible Downtrend

Bitcoin

Investors in the cryptocurrency space are eagerly awaiting the halving of Bitcoin in order to fuel future market growth. However, top cryptocurrency expert and trader Benjamin Cowen cautions that if the price of BTC follows a previous pattern, there may be a correction. Bitcoin Halving Could Impact Price Negatively Cowen has highlighted a trend that…

Is Bitcoin Headed For A Crash? Analysts Cite Possible Downtrend Read More »

Crypto Founder Warns Of Burgeoning Bitcoin Fire Sale, Here’s What It Means

Bitcoin

BitMEX has released another blog post, predicting a major fire sale and a potential price decline for Bitcoin, the world’s largest cryptocurrency.  Bitcoin Fire Sale Imminent In his affect the price of the cryptocurrency.  The Bitcoin halving is an occurrence that takes place every four years which reduces Bitcoin miner block rewards by half. This,…

Crypto Founder Warns Of Burgeoning Bitcoin Fire Sale, Here’s What It Means Read More »

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