In a week marked by economic anticipation and turbulence, the crypto market experienced a rollercoaster ride as the Bitcoin price surged and retreated in response to Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Economic Symposium. Bitcoin Price Rallies On Powell’s Dovish Tones Powell’s risk assets like Bitcoin, as it signals a more…
Bitcoin Price Breaches $62,000: Market Reacts To Powell’s Speech Read More »
In a recent report analyzing the second quarter (Q2) performance of the Layer 1 (L1) blockchain Algorand (ALGO), data analytics firm Messari highlighted several notable milestones achieved by the network during the period, with a record in transactions being one of the most notable ones. Rapid Network Growth One of the key metrics that stood…
Algorand Achieves New Record With 2 Billion Transactions, ALGO Price Jumps 14% Read More »
Bitcoin, although starting the year with a bang has now been quiet so far in terms of performance, especially following its peak back in March. Despite the halving in April of this year, Bitcoin has experienced modest gains compared to the excitement of previous years. According to Ecoinmetrics, a platform known for providing insights into…
Bitcoin And NASDAQ Show Tight Correlation: What Does This Mean For BTC? Read More »
The XRP price is trading around the psychological barrier of $0.60 after breaking through earlier in the week. Notably, XRP has exhibited interesting price action amidst wider market uncertainty, although many cryptocurrencies are starting to turn positive. While some market participants are still bearish on XRP, others are looking out for a very bullish trajectory.…
This Triangle Pattern Triggered In 2021 Suggests XRP Price Will Surge 5,000% To $32 Read More »
The market swung in favor of Stacks (STX) as the token continued its upward momentum. As of writing, CoinGecko notes a solid 18% gain in the past week as it captured the bullish momentum of the market despite the slight dip yesterday. Since then, STX has attracted more investors as it has shown strength despite…
Stacks: New Developments Push STX Price 18% Higher – Details Read More »
Bitcoin is seeing an uptick following its recent reclaim above the $60,000 mark in the past day. Amid this price performance, renowned crypto analyst Mags on Elon Musk’s social media platform X shared his latest asset analysis. According to Mags, Bitcoin could be poised for a major rally, driven by factors related to the USDT dominance (USDT.D)…
Is Bitcoin Ready to Soar? Key Indicators Signal Potential $72K Target Read More »
Bitcoin (BTC) has been gathering some momentum in the crypto sphere lately, crossing the $60,000 mark against multiple analysts’ signals. The world’s leading cryptocurrency has been on a wild ride, with its price fluctuations going haywire during the past few weeks. Bullish Factors Driving Bitcoin Price One major driver behind the recent price surge in…
Bitcoin Floor: CEO Predicts $38,000 Will Be The Lowest BTC Goes Read More »
After experiencing a significant 25% pullback earlier this month, plunging to the $49,000 level, the king of cryptocurrencies, Bitcoin (BTC), has managed to consolidate above the crucial $60,000 support for the last 24 hours. However, Bitcoin’s journey toward further price appreciation has been without obstacles. The digital asset has been unable to surpass higher resistance…
Bitcoin Could Target $63,000 But Must First Clear This Vital Resistance Level Read More »
The Solana dump looks far from over as whales continue offloading their SOL holdings during this market downtrend. The recent shakeup in the crypto space might have also contributed to these whales’ bearish sentiment towards Solana. Crypto Whale Offloads $16 Million Worth Of Solana In an X (formerly Twitter) post, the on-chain analytics platform Lookonchain…
Solana Dump Far From Over? Whales Continue To Dump SOL Read More »
Ripple’s XRP is on a rampage, breaking through a key resistance level of late. The move has analysts eyeing the crypto asset for a potentially big gain, with many, like Bret Hill, suggesting as such. Meanwhile, Pastor Brandon Biggs is doing rounds on social media with his “prophetic” prediction of an “overnight” surge in the…
XRP Smashes Through Resistance, Could Soar 15%, Analyst Says Read More »
A recent analysis from a CryptoQuant analyst has raised concerns over Bitcoin MVRV Ratio Momentum. The MVRV ratio, a critical indicator in on-chain analysis, represents the ratio between Bitcoin’s realized and market values. It serves as a tool to assess whether the market is overvalued or undervalued. By applying 30-day and 365-day moving averages (DMA)…
Bitcoin’s MVRV Ratio Nears Critical Death Cross: Will The Market See A Bearish Shift? Read More »
