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News – Page 7 – BitcoTasks BLOG
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GEGG Set to Steal the Show: SHIB Shark Says Early Investors at $0.00015 Can Double Their Fortune, Market Responds Positively

Altcoin

The cryptocurrency market is no stranger to volatility, especially when it comes to memecoins like Shiba Inu (SHIB). Once dubbed the “Dogecoin Killer,” SHIB enjoyed its time in the spotlight, gaining millions of loyal supporters and a significant market cap. However, despite these successes, Shiba Inu (SHIB) now faces increasing pressure from new tokens, particularly…

GEGG Set to Steal the Show: SHIB Shark Says Early Investors at $0.00015 Can Double Their Fortune, Market Responds Positively Read More »

Binance Top Traders Go Short On Bitcoin At $60,000, What’s Going On?

Bitcoin

Crypto analyst Ali Martinez has revealed the bearish sentiment among Binance’s top traders towards Bitcoin. This development suggests that the flagship crypto might soon experience significant downward pressure.  Binance Top Traders Are Shorting BTC Martinez revealed in an X (formerly Twitter) post that 51.41% of the top traders on Binance are shorting Bitcoin. This indicates…

Binance Top Traders Go Short On Bitcoin At $60,000, What’s Going On? Read More »

Bearish Signal For Ethereum: Funding Rates Hit New 2024 Lows—Is A Rally Still Possible?

Ethereum

Ethereum, the second-largest cryptocurrency by market capitalization, is experiencing increasing bearish sentiment in its futures market, according to a recent analysis by CryptoQuant analyst ShayanBTC. The analyst reported on the CryptoQuant QuickTake platform that Ethereum’s futures market has shown its lowest funding rates of 2024. This trend indicates that traders in the perpetual futures market…

Bearish Signal For Ethereum: Funding Rates Hit New 2024 Lows—Is A Rally Still Possible? Read More »

Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?

Altcoin

Today’s Ethereum-Bitcoin (ETH/BTC) trading pair slid below 0.04, a level last seen in April 2021. The declining ETH/BTC ratio could have multiple implications for the wider altcoin market. Altcoins Might Suffer Due To Weak Ethereum One of the key indicators to gauge the resiliency of the altcoin market is the ETH/BTC ratio. The ratio essentially…

Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk? Read More »

Solana Price (SOL) Consolidates: Time for a Fresh Comeback?

Technical Analysis

Solana declined and tested the $128 support zone. SOL price is consolidating losses and might aim for a fresh increase above the $132 resistance. SOL price started a consolidation phase from the $128 zone against the US Dollar. The price is now trading below $135 and the 100-hourly simple moving average. There is a connecting…

Solana Price (SOL) Consolidates: Time for a Fresh Comeback? Read More »

Bitcoin Investors Succumb To Fear As BTC Erases $60,000 Weekend Recovery

Bitcoin News

Data shows that the sentiment of the Bitcoin market has switched to fear after the retrace. BTC has seen a $58,000 level during the past day. Bitcoin Fear & Greed Index Is Pointing At ‘Fear’ Now The “Fear & Greed Index” is an indicator created by Alternative that tells us about the general sentiment among…

Bitcoin Investors Succumb To Fear As BTC Erases $60,000 Weekend Recovery Read More »

Is Ethereum Primed For Surge? Analyst Reveals Key Levels to Watch For A $8,100 Rally

Ethereum

Regardless of the Ethereum (ETH) price’s unappealing performance, the latest analysis from top crypto analysts in the space predicts that the asset might be on the verge of a parabolic rise. In a recent post uploaded on X, renowned crypto analyst Javon Marks has laid out an optimistic scenario for Ethereum, suggesting a potential price…

Is Ethereum Primed For Surge? Analyst Reveals Key Levels to Watch For A $8,100 Rally Read More »

Ethereum Price Struggles to Recover: Short-Term Outlook Weak

Eth

Ethereum price gained bearish momentum and traded below $2,350. ETH is consolidating losses and might struggle to recover above $2,350. Ethereum started another decline below $2,350 and $2,320. The price is trading below $2,310 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $2,360 on the hourly…

Ethereum Price Struggles to Recover: Short-Term Outlook Weak Read More »

Bitcoin Price at Risk of Further Downside: Will Bears Tighten Grip?

Btc

Bitcoin price started another decline from the $60,650 resistance. BTC is now at risk of more downsides below the $57,500 support zone. Bitcoin is correcting gains and gaining bearish pace below the $59,000 level. The price is trading below $58,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming…

Bitcoin Price at Risk of Further Downside: Will Bears Tighten Grip? Read More »

DeFi Platform Delta Primes Loses $6 Million In Security Breach, Is North Korea Involved?

Cryptocurrency Market News

Decentralized Finance (DeFi) platform Delta Primes suffered a security breach on Monday, affecting the protocol’s users. The attack took $6 million from the project’s pools and is under investigation. However, on-chain investigators suspect it could be linked to North Korean hackers and be part of a larger-scale scheme. Hackers Drain $6 Million From DeFi Protocol…

DeFi Platform Delta Primes Loses $6 Million In Security Breach, Is North Korea Involved? Read More »

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