[ad_1] Este artículo también está disponible en español. Bitcoin continues to excite the market, finally breaking the $79k level for the first time, Sunday — and nearing the vaunted $80k level, courtesy of many positive factors, one of which is the US election win of Donald Trump. The cryptocurrency market is having a moment, driven by the results of the US elections and the surge of inflows to Bitcoin ETFs. As Bitcoin rewrites its bullish price narratives, many market watchers and analysts share their opinions and outlook. Bitcoin’s breach of the key $79,000 barrier is just the beginning for many…
Author: dfrancis36
[ad_1] Bitcoin has shattered its all-time highs once again, reaching a new peak of $79,780. This marks the fourth time in just five days that BTC has set a record high, firmly establishing a bullish phase that began when it broke its previous all-time high in March. Market optimism surged following Donald Trump’s recent victory in the US election, adding momentum to Bitcoin’s rise. Adding to the bullish sentiment, data from IntoTheBlock shows a notable development in BTC’s open interest for perpetual swaps, with its ratio to market cap hitting a multi-year high. This metric often indicates heightened market interest…
[ad_1] Este artículo también está disponible en español. Solana, the leading Layer 1 blockchain platform, has at last overcome the critical $200 barrier, giving investors new hope. This milestone feeds expectations of more price increases and marks a turning point following a period of consolidation. Some optimistic market onlookers are viewing this price action as a sort of launching pad for long-term bullish trends. If the price breaks above the $200 level, Rekt Capital pointed out, the months-long downtrend of Solana might finally be over. Additionally, he said, for SOL’s advance to be fully absorbed, it must close the week…
[ad_1] The management of bankrupt crypto exchange FTX has launched a lawsuit against American financier Anthony Scaramucci and his hedge fund company SkyBridge Capital to recoup funds invested by the exchange’s former CEO Sam Bankman-Fried (SBF). This legal action forms part of major efforts by the FTX bankruptcy estate to recover ill-spent funds by the previous administration and settle its existing creditors. FTX Deals With Scaramucci Shows No Benefit, Lawyers Claim According to a recent report by Bloomberg, FTX filed 23 lawsuits in the Delaware bankruptcy court on Friday all to claw back funds directed at shady investments by Bankman-Fried.…
[ad_1] Este artículo también está disponible en español. The Dogecoin price action since the beginning of the week has been nothing short of impressive. Notably, the price of Dogecoin has doubled in the past 30 days, with price data highlighting a 115% increase within this time frame. This impressive Dogecoin price rally has seen the meme coin break above $0.22 for the first time since April 1, which is more than seven months ago. Interestingly, this break means the memecoin price is now trading at its highest point so far in 2024. Furthermore, the Dogecoin price rally has seen many…
[ad_1] Este artículo también está disponible en español. Avalanche (AVAX) has surged over 40%, reaching a critical supply level that, if broken, could trigger a substantial rally. The recent surge has captured the attention of traders and investors who recognize the potential of Layer-1 blockchains as AVAX positions itself as a leading contender in the space. Related Reading Among those following this development closely is top analyst and investor Kaleo, who recently shared a technical analysis with a bullish price target of $420 for AVAX. Kaleo’s optimistic outlook aligns with broader market sentiment as Bitcoin and Ethereum continue to rise,…
[ad_1] BitMEX founder and crypto industry veteran Arthur Hayes says there’s a massive trade to play as the digital asset market edges higher. In a new interview on the CryptoBanter YouTube Channel, Hayes says that the crypto bull market started in March of 2023 when the Federal Reserve printed trillions of dollars to support the struggling US banking sector. Hayes refers to the move as a “stealth” printing of money that ultimately triggered Bitcoin’s (BTC) move into a new bull market. “Every bull market feels good in the beginning and then it gets overextended and then we fall. We’ve started…
[ad_1] After Donald Trump won the US elections, speculations have been circulating that Cardano founder Charles Hoskinson could be appointed to a key government role that will oversee the crafting of policies on digital currency. Hoskinson confirmed that he might step in as the presidential advisor on legislation concerning crypto. Collaboration With The Trump Administration He confirmed that he is interested in working with the government of the newly elected US president to share his expertise in creating crypto legislation. The crypto founder said that he will push for clearer regulatory frameworks that are appropriate to the cryptocurrency landscape. A…
[ad_1] Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the…
[ad_1] The crypto industry is reveling in bullish sentiment, with most meme coins also participating in the action. Notably, a crypto analyst on the TradingView platform has dropped an interesting 160% bullish outlook for a meme coin, and it’s neither Dogecoin nor Shiba Inu. Instead, the focus is on DOGS, a relatively new meme cryptocurrency with a strong following on social media. Crypto Analyst Predicts 160% Breakout For DOGS A crypto analyst who goes by the name CoreCrypto1 recently revealed a bullish perspective analysis on DOGS. Posted on the TradingView platform, the analysis highlights DOGS Coin as a potential breakout…