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Coinbase Sees Largest USDC Inflow Ever, What This Could Mean For Bitcoin

Bitcoin News

On-chain data shows Coinbase has just witnessed its largest USD Coin (USDC) inflow. Here’s why this may be relevant for Bitcoin. Coinbase Has Just Seen A $1.4 Billion USDC Inflow As pointed out by analyst Maartunn in a exchange inflow,” which keeps track of the total amount of a given asset entering into the wallets…

Coinbase Sees Largest USDC Inflow Ever, What This Could Mean For Bitcoin Read More »

Grayscale Bitcoin ETF Sees Drastic 60% Drop In Outflows, Why This Is Important

Bitcoin

The outflows from the Grayscale Bitcoin ETF rocked the market hard last week, leading to a dramatic decline in the BTC price. However, with the new week, there has been a change in direction as investors begin to get bullish on Bitcoin once more. As a result, the outflows from the Grayscale ETF have slowed…

Grayscale Bitcoin ETF Sees Drastic 60% Drop In Outflows, Why This Is Important Read More »

Dogecoin Enters New Trend Set To Drive Price To $0.3: Analyst

Dogecoin

Amid the recent momentum displayed by the meme-inspired cryptocurrency Dogecoin (DOGE), Rekt Capital, a crypto trader and analyst, has identified a new trend that could propel DOGE’s price to the $0.3 price mark in the short term. Dogecoin (DOGE) Inititate New Macro Uptrend Over the past few weeks, Dogecoin has been performing fairly well, triggering…

Dogecoin Enters New Trend Set To Drive Price To $0.3: Analyst Read More »

Brace For Market Impact: Ethereum Open Interest Has Reached A New All-Time High

Ethereum

Ethereum has, for the most part, established a foothold above the $3,500 price level throughout the week as investors continue to anticipate a surging to new highs. The surge in open interest, although a bullish sentiment indicator, can also serve as a bearish signal of an impending change in market trend.  Ultimately, this metric added…

Brace For Market Impact: Ethereum Open Interest Has Reached A New All-Time High Read More »

Crypto Analyst Predicts Top 8 Altcoins With 50x Potential Not Yet On Binance

Cryptocurrency Market News

Popular crypto analyst Xremlin, known on social platforms as @0x_gremlin, told his 104,000 followers that the altcoin season in 2024 could eclipse the monumental gains seen in 2021. Reflecting on the historical significance of major exchange listings, Xremlin emphasized, “Altseason 2024 > Altseason 2021. Your bags are headed to Valhalla.” During the 2021 altseason, altcoins…

Crypto Analyst Predicts Top 8 Altcoins With 50x Potential Not Yet On Binance Read More »

Dogecoin Jumps 37% – How High Can DOGE Go This April?

Cryptocurrency Market News

Retail and institutional investors alike are taking notice as Dogecoin (DOGE), the playful cryptocurrency born from internet fame, experiences a surprising surge. Prices jumped almost 10% in a single day this week, marking a 37% increase over the past seven days, according to CoinGecko. This unexpected rally has the “Doge army” howling with excitement, but…

Dogecoin Jumps 37% – How High Can DOGE Go This April? Read More »

Wyckoff ‘SOS’ Could Catapult Bitcoin To $100,000: Hedge Fund Manager

Bitcoin

Charles Edwards, founder of the Bitcoin and digital asset hedge fund Capriole Investments, published a detailed examination of Bitcoin’s current market phase suggesting a bullish trajectory, potentially reaching the $100,000 mark. The analysis hinges on the identification of a Wyckoff ‘Sign of Strength’ (SOS), a concept derived from the century-old Wyckoff Method that studies supply…

Wyckoff ‘SOS’ Could Catapult Bitcoin To $100,000: Hedge Fund Manager Read More »

Bullish Winds Blow: Bitcoin Bull Flag Points To New $77,000 ATH: Analyst

Bitcoin

Bitcoin (BTC) is poised for a potential surge after forming a bullish technical pattern and attracting a wave of institutional investment. The world’s leading cryptocurrency recently surpassed the $70,000 mark, setting the stage for a possible breakout that could eclipse its current all-time high of $73,750. This optimistic outlook comes from analyst Ali Martinez, who…

Bullish Winds Blow: Bitcoin Bull Flag Points To New $77,000 ATH: Analyst Read More »

Ethereum Price Gearing For Another Lift-Off to $4K: Increase Isn’t Over Yet

Eth

Ethereum price is holding gains above the $3,500 zone. ETH could gain bullish momentum if it clears the $3,680 resistance zone in the near term. Ethereum retested the $3,450 and is currently moving higher. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend…

Ethereum Price Gearing For Another Lift-Off to $4K: Increase Isn’t Over Yet Read More »

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