[ad_1] Bitcoin has seen unpredictable and volatile activity recently, with price action testing both psychological and technical boundaries. The cryptocurrency failed to break above the coveted $100,000 mark while showing resilience by holding firmly above the $90,000 level. This tight range has left traders and investors on edge, watching closely for a decisive move. Amid this volatility, the broader crypto market is experiencing unprecedented demand, signaling a bullish outlook that could keep the “BTC party” alive in the coming months. However, challenges remain, as key data from CryptoQuant indicates elevated risks of coin sales by current holders. This suggests potential…
Author: dfrancis36
[ad_1] A crypto strategist who nailed the pre-halving Bitcoin (BTC) correction earlier this year says altcoins will likely rip once this large-cap coin takes center stage. Pseudonymous analyst Rekt Capital tells his 517,800 followers on the social media platform X that a bullish Ethereum (ETH) would be very favorable for the altcoin market. “An ETH breakout would lead the next wave of altcoin rallies.” Looking at Ethereum, the trader says ETH is very close to sparking a high timeframe breakout. “Ethereum is now pressing past the ~$3,700 resistance of its main pattern (light blue). A weekly close above the pattern…
[ad_1] Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of…
[ad_1] Global exchange-traded fund (ETF) issuer and asset manager WisdomTree has officially submitted an S-1 application for a spot XRP ETF to the US Securities and Exchange Commission (SEC), becoming the fourth asset manager in the US to seek approval of the index fund. Growing Interest In XRP ETF The proposed fund, named the WisdomTree XRP Fund, aims to provide investors with exposure to XRP’s price movements through shares listed on the Cboe BZX Exchange. The fund plans to utilize a cash-create method for share creation and redemption, with the possibility of adopting an in-kind model pending further approvals. Coinbase…
[ad_1] Analysts said that two of the biggest cryptocurrencies in the world are riding on the waves of positive sentiments as the exchange-traded funds of Bitcoin and Ethereum reached record highs. The pro-cryptocurrency stance of US President-elect Donald Trump continues to fuel the positive outlook, propelling BTC and ETH to attain unprecedented levels. Bitcoin Hits $6.5 Billion In Net Inflows Analysts showed that as of November, the firstborn cryptocurrency’s exchange-traded funds (EFT) recorded an all-time high of $6.5 billion in net inflows, a significant milestone attributed to the incoming Trump administration. Many market commentators are predicting that Bitcoin could soon…
[ad_1] A new animal-based memecoin is surging to start the week, as Coinbase adds the crypto asset to its listing roadmap. Moo Deng (MOODENG), a crypto asset honoring the baby hippo who became an international sensation, soared 108% as the top US crypto exchange made the announcement. The Solana-based memecoin is now up 59% at time of publishing, at $0.5609, with a market cap of $555.8 million. The announcement from Coinbase means the firm has determined the asset will be available for trading in the near future, although the coin is not yet live on the platform. Moo Deng launched…
[ad_1] Este artículo también está disponible en español. Shiba Inu (SHIB) is stirring up excitement again. The meme-based cryptocurrency has seen bullish momentum lately, grabbing the attention of investors and analysts alike. But is this rally sustainable, and could SHIB really soar to the heights some experts are predicting? Related Reading Crypto analyst Javon Marks thinks so. He just recently published insights suggesting SHIB may be targeting $0.000081, a massive 179% jump from where it is today. The market has been very unpredictable, but Marks said that this breakout is a sign of strength. Is this enough to keep SHIB…
[ad_1] The Dogecoin price has just broken out from a unique Ascending Triangle pattern, signaling that it could be gearing up for its next critical level. Following recent market trends, Dogecoin (DOGE) has shown resilience, aiming to hit the $1 threshold despite failing to surpass resistance levels. Dogecoin Price Next Critical Level At $0.56 Popular crypto trader and analyst Rekt Capital took to X (formerly Twitter) on December 20 to discuss Dogecoin’s next bullish move after it broke out of an Ascending Triangle pattern. Typically, when a cryptocurrency breaks out of an Ascending Triangle, it suggests that the price has…
[ad_1] Este artículo también está disponible en español. After surging over 330% in a six-week span, Dogecoin (DOGE) has been navigating a period of consolidation, maintaining a sideways trajectory for the past three weeks. This remarkable rally was initially propelled by speculative bets on Donald Trump’s victory in the US presidential election, colloquially referred to as the “Trump trade.” Following Trump’s electoral success, the momentum was sustained by the establishment of the Department of Government Efficiency (DOGE), spearheaded by Elon Musk, a prominent advocate within the Dogecoin community. December 5 Could Be A Major Catalyst For Dogecoin The crypto market…
[ad_1] Japanese cryptocurrency exchange DMM Bitcoin announced its decision to shut down operations following a severe security breach in May that resulted in more than $300 million in losses. The latest report states that the exchange has agreed to transfer its assets to SBI VC Trade, the crypto division of Japan’s financial conglomerate SBI Group. Key Details Revealed The planned closure follows a tumultuous period for DMM Bitcoin, which suffered the theft of 4,502.9 BTC, valued at approximately $306 million at the time of the hack. In response to the breach, the company secured funding amounting to 55 billion yen…