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Cryptocurrency Market News – Page 26 – BitcoTasks BLOG
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ORDI Soars 26% On Solid 7-Day Run – Can It Climb Higher This Week?

Cryptocurrency Market News

Ordinals are a relatively novel innovation within the crypto space, but ORDI, the cryptocurrency with the Ordinals namesake, is within the grasp of the bears. According to the latest market data provided by CoinCodex, the token is down nearly 5% within the last 24 hours despite Bitcoin making an 11% gain within the past week.…

ORDI Soars 26% On Solid 7-Day Run – Can It Climb Higher This Week? Read More »

Solana Leads Crypto Rally As Expectations For A Break Above $200 Grow

Cryptocurrency Market News

Solana has recently captured the attention of market participants with a remarkable surge to $175, stunning investors and analysts alike. Solana is currently up 40% from its lowest point of $123 this month. The cryptocurrency’s strong upward momentum has reignited optimism among traders and investors, who are now eagerly anticipating a potential breakthrough above the…

Solana Leads Crypto Rally As Expectations For A Break Above $200 Grow Read More »

Polkadot (DOT) Poised For Rally? Analyst Predicts $9.00 Breakout

Cryptocurrency Market News

Resilient and showing great upward momentum is Polkadot (DOT), the blockchain network noted for its emphasis on interoperability. Polkadot has maintained its ground at the $6.30 support level thus far, indicating a solid basis for next developments. DOT saw a little increase of 1.6% during the previous week, which experts think may be the forerunner…

Polkadot (DOT) Poised For Rally? Analyst Predicts $9.00 Breakout Read More »

AVAX Brushes Off Bearish Pressure With 11% Rally – Details

Cryptocurrency Market News

AVAX continues to rush forward to greater heights with the token reaching $28.74 since last week. This has been the biggest push by the bulls, influenced by the growing market confidence fueled by Bitcoin’s rally to $60k. Avalanche’s dev team is also hard at work with multiple on-chain news supporting this most recent price action.…

AVAX Brushes Off Bearish Pressure With 11% Rally – Details Read More »

Dogwifhat (WIF) Sees 60% Weekly Surge But Analyst Warns Of Potential Retrace

Cryptocurrency Market News

This week, the dog-themed sensation Dogwifhat (WIF) has recovered from its drop below the $2 support zone. The Solana-based memecoin flipped Ethereum’s Layer-2 (L2) Arbitrum (ARB) and is currently testing the $2.5 resistance level. However, a crypto analyst has warned investors of a possible retrace for WIF. WIF Puts Its Hat Back On Dogwifhat became…

Dogwifhat (WIF) Sees 60% Weekly Surge But Analyst Warns Of Potential Retrace Read More »

Analyst Upbeat On XRP Rally Despite SEC Meeting Cancellation – Details

Cryptocurrency Market News

Nobody in the XRP community expected the SEC to cancel a meeting behind closed doors on July 18 without giving any reason. Some people think this move has something to do with the approval process for spot Ethereum ETFs. Crypto Community Clueless On Meeting Cancellation There has been an obvious shakeup in the cryptocurrency market…

Analyst Upbeat On XRP Rally Despite SEC Meeting Cancellation – Details Read More »

Mass Exodus? Over 672,000 Bitcoin Holders Drop Out Amid Market Shifts

Cryptocurrency Market News

As Santiment analytics disclose an accelerating decline in wallets holding one or more Bitcoin, the cryptocurrency industry has gone abuzz. Crucial for gauging mood in the market, this indicator has been progressively dropping as traders become less optimistic that Bitcoin may rise beyond its historic high of $73,750, which it last touched on March 14.…

Mass Exodus? Over 672,000 Bitcoin Holders Drop Out Amid Market Shifts Read More »

Injective (INJ) Breaches Key Resistance, Setting Stage For 1,350% Boom — Analyst

Cryptocurrency Market News

Recently, injective (INJ) has undergone explosive growth, pushing itself to unprecedented heights and drawing interest both from experts and bitcoin aficionados. Over the past week, the digital asset has jumped about 32%, and a measly 1% in the last day. INJ, at the time of writing, was trading at $26.17. A chance that its price…

Injective (INJ) Breaches Key Resistance, Setting Stage For 1,350% Boom — Analyst Read More »

Buying ‘Ethereum Beta’ Altcoins Is A Recipe For Disaster, Researcher Finds

Cryptocurrency Market News

In a research report released on July 18, 2024, Thor Hartvigsen, a crypto researcher, strongly cautioned against the investment strategy of purchasing high-beta altcoins within the Ethereum ecosystem as a leveraged tactic, particularly with the forthcoming launch of the spot Ethereum ETFs in the United States. Hartvigsen’s analysis titled “ETH Beta – a Recipe for…

Buying ‘Ethereum Beta’ Altcoins Is A Recipe For Disaster, Researcher Finds Read More »

Polygon Announces Date For MATIC To POL Token Upgrade, Price Drops 7%

Cryptocurrency Market News

On Thursday, the Polygon Foundation announced the date for its upcoming MATIC to POL upgrade after reaching a community consensus. The long-awaited token migration will occur in less than two months and aims to kickstart Polygon’s native token expansion. MATIC saw a 7% drop following the news. Save The Date: Polygon Token Upgrade Coming Soon…

Polygon Announces Date For MATIC To POL Token Upgrade, Price Drops 7% Read More »

THORChain (RUNE) Primed For Big Gains, Analyst Eyes $20 Milestone

Cryptocurrency Market News

Rising as a major competitor for a big breakthrough is THORChain (RUNE). Rune has showed strength, recovering by around 23% during the previous week following a recent fall to $3.10. At $4.22 right now, the coin is attracting both traders and analysts, with some even seeing a solid upward path. Market Statistics And Growing Hope…

THORChain (RUNE) Primed For Big Gains, Analyst Eyes $20 Milestone Read More »

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