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Crypto Analyst Predicts 45% Drop For Bitcoin, But Says It Won’t Go Below This Level

Bitcoin

Bitcoin has been in a notable state of flux recently after recovering from the crash below $60,000 and establishing support above $61,000. However, with the pioneer cryptocurrency failing to completely beat important resistance points such as $63,500, bearish sentiment continues to dominate the market. Amid this, one crypto analyst has predicted that the Bitcoin crash…

Crypto Analyst Predicts 45% Drop For Bitcoin, But Says It Won’t Go Below This Level Read More »

Polkadot Treasury Faces Impending Funding Crisis: Limited To 24 Months Before Exhaustion

Dot

The recent report released by the Polkadot Treasury for the first half of 2024 has raised concerns over an impending funding crisis. The report indicates that the Treasury’s assets, spread across multiple chains, have become increasingly complex and challenging to manage effectively.  Decentralized finance (DeFi) researcher DeFi Ignas has analyzed the report, highlighting the Treasury’s…

Polkadot Treasury Faces Impending Funding Crisis: Limited To 24 Months Before Exhaustion Read More »

Market Analysts Eye July for Potential Big Wins in Bitcoin and Ethereum — Here’s Why

Bitcoin News

In the financial market, historical trends often offer a glimpse into potential future outcomes and so far, July has historically been a strong month for both Bitcoin and Ethereum, and analysts are eyeing this pattern to predict another fruitful period. A Profitable July For Bitcoin And Ethereum According to seasoned market analysts from QCP Capital,…

Market Analysts Eye July for Potential Big Wins in Bitcoin and Ethereum — Here’s Why Read More »

Analysts Says Cardano Has Bottomed And Will Rally To $0.8, But It Must Hold This Level

Cardano

A crypto analyst has uncovered a new technical pattern in the Cardano price movements, signaling the potential for a substantial rebound. Echoing this optimism, another analyst has affirmed that Cardano may have hit its bottom and could be on the verge of rebounding to $0.8.  Analyst Declares Cardano’s Price Bottom In an X (formerly Twitter)…

Analysts Says Cardano Has Bottomed And Will Rally To $0.8, But It Must Hold This Level Read More »

Mt. Gox’s Bitcoin Dump: How Will The $9 Billion Sell-Off Affect BTC’s Price?

Bitcoin News

Defunct Bitcoin exchange Mt. Gox has finally announced the final date to begin refunding Bitcoin and Bitcoin Cash (BCH) to affected customers, starting as early as this week.  This eagerly awaited announcement has raised concerns within the cryptocurrency community regarding the potential contribution of these customers to ongoing selling pressure in the Bitcoin market.  Experts…

Mt. Gox’s Bitcoin Dump: How Will The $9 Billion Sell-Off Affect BTC’s Price? Read More »

Ethereum Goes Budget-Friendly: Transaction Fees Drop To Lowest Since 2016

Cryptocurrency Market News

Ethereum, the world’s second-largest blockchain platform, has entered a new era marked by record-low transaction fees. This dramatic shift, the most significant since 2016, has sent ripples of excitement through the cryptocurrency community, raising hopes for increased adoption and a more accessible DeFi (Decentralized Finance) landscape. From Pricey To Penny-Pinching Previously, Ethereum’s notorious gas fees,…

Ethereum Goes Budget-Friendly: Transaction Fees Drop To Lowest Since 2016 Read More »

Bitcoin Weekend Trading Takes A Siesta: Volumes Plunge To Record Lows

Bitcoin

Bitcoin has long been a hallmark of the cryptocurrency markets, thriving on its 24/7 accessibility. Weekend trading, once a notorious breeding ground for volatility, has been especially significant in the cryptocurrency landscape. However, a recent report by Kaiko reveals a not so rosy picture – BTC weekend trading volumes have plunged to historic lows, potentially…

Bitcoin Weekend Trading Takes A Siesta: Volumes Plunge To Record Lows Read More »

XRP Price On The Verge Of Breaking Falling Wedge That Could Lead To 4% Increase

Cryptocurrency Market News

XRP has mostly traded below $0.5 since the second week of June but a new price formation shows this breakout from the current price level. XRP On The Verge Of Breaking Out Like most cryptocurrencies, the price of XRP has declined in the past few weeks. Price data from Coinmarketcap shows it has declined by…

XRP Price On The Verge Of Breaking Falling Wedge That Could Lead To 4% Increase Read More »

Bitcoin Remains Bullish As New BTC Addresses Surge To New 2-Month Highs

Cryptocurrency Market News

June was much rougher for Bitcoin than many expected at the beginning of the month. This is because the price of Bitcoin virtually declined throughout the month, leaving many investors, especially short-term holders, disappointed. However, despite the price decline, on-chain data suggests that Bitcoin adoption is growing. New data shows the number of new Bitcoin…

Bitcoin Remains Bullish As New BTC Addresses Surge To New 2-Month Highs Read More »

Ethereum ETF Dream On Hold: SEC Thumbs Down Applications (Again)

Cryptocurrency Market News

Ethereum enthusiasts were cruising down the information superhighway towards a July 4th fireworks celebration of a different kind: the launch of the first spot Ethereum ETF. But in a move that worried investors, the US Securities and Exchange Commission threw a big wrench into the works, unexpectedly returning applicants’ proposals and delaying the much-anticipated debut.…

Ethereum ETF Dream On Hold: SEC Thumbs Down Applications (Again) Read More »

XRP Dominance: Pundit Says Missing This Altcoin Could Be A Big Mistake

Cryptocurrency Market News

A crypto pundit has declared that missing out on XRP, the native token of the XRP Ledger (XRPL) could potentially become the biggest mistake an individual can make. The analyst has expressed bullish sentiment on its dominance and future outlook following its possible integration into financial banking systems.  Here’s Why Investors Should Not Miss Out…

XRP Dominance: Pundit Says Missing This Altcoin Could Be A Big Mistake Read More »

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