[ad_1] Este artículo también está disponible en español. Crypto analyst Tony Severino has said that the Bitcoin price is approaching the strongest part of the bull run. Based on his analysis, Tony provided insights into how high the flagship crypto could rise as it approaches its peak in this market cycle. Bitcoin Price Target For Strongest Part Of This Bull Run Tony revealed in an X post that the Bitcoin price could reach a market top of $133,000 in this bull run. He explained that the BTC 2-month Relative Strength Index (RSI) is approaching 70, which has ignited the strongest…
Author: dfrancis36
[ad_1] Bitcoin has observed a rally beyond the $71,000 level during the past day as on-chain data shows demand for the coin has notably increased. Bitcoin Apparent Demand Has Spiked To Notable Positive Levels Recently As an analyst in a CryptoQuant Quicktake post explained, the demand for Bitcoin has appeared to be on the rise again recently. The on-chain metric of interest here is the “Apparent Demand,” which keeps track of the difference between the BTC production and the changes in its inventory. The only way to produce BTC is by adding new blocks to the chain and receiving block subsidy…
[ad_1] An analyst with a history of timely Bitcoin calls believes that conditions are now ripe for BTC to witness huge upside bursts to new all-time highs. Pseudonymous analyst Bluntz tells his 289,300 followers on the social media platform X that BTC appears to be in the initial stages of a parabolic rally that could take Bitcoin well above $100,000. “It’s happening BTC.” Source: Bluntz/X Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to go through a five-wave surge where waves one, three and five are upside moves and waves two and four are corrective periods.…
[ad_1] Este artículo también está disponible en español. Bitcoin’s bullish trend continues for another day, breaking the $73,000 barrier, as several market conditions seem to favor the world’s biggest cryptocurrency. According to data, Bitcoin jumped by 6% to hit $73,544 late Tuesday, its highest market price since March 14th. With this latest price surge, Bitcoin’s October gain is up by 13%, better than the top performers in the S&P with an average 1% increase. Related Reading Aside from Bitcoin, other top digital assets showed strengths, with Ethereum surging by 4% and the Binance Coin up by 2%. And with considerable…
[ad_1] As the United States gears up for another significant presidential election, the intersection of politics and cryptocurrency has emerged as a critical area of focus. The candidates, former President Donald Trump and Vice President Kamala Harris, offer contrasting visions for the future of digital currencies and blockchain technology. This divergence is not only shaping the political landscape but also influencing financial markets, particularly the rapidly growing cryptocurrency sector.The Crypto Landscape Amidst Political UncertaintyCryptocurrency, once a niche interest, has evolved into a major financial force. Its decentralised nature and potential for high returns have attracted a wide range of investors,…
[ad_1] RCO Finance is making a big impact in the crypto world with its innovative AI tool, designed specifically for trading Bitcoin and Ethereum. This advanced platform simplifies trading by creating personalized strategies tailored to each user’s unique needs, making crypto trading more accessible. Read on to find out why RCO Finance will soon be the go-to solution for traders seeking to trade these top cryptocurrencies effortlessly. RCO Finance’s Robo Advisor: A Crypto AI Trading Tool for Bitcoin and Ethereum Traders’ Objectives RCO Finance’s robo advisor is designed to meet each trader’s individual needs. Unlike many crypto AI tools, it…
[ad_1] Este artículo también está disponible en español. A Bitcoin wallet containing around 749 BTC, equivalent to roughly $53.2 million, has been reactivated after nearly 12 years of inactivity. This sudden move in funds was detected in the early hours of Tuesday, as blockchain tracking platforms such as Mempool and Whale Alert recorded a transfer of approximately 159.2 BTC, valued at $11.3 million, from this long-dormant wallet. Related Reading The last known transaction from this address was back in November 2012, when Bitcoin’s price was around $10, making the wallet’s balance worth below $9,000. 💤 💤 💤 💤 💤 💤…
[ad_1] Although Bitcoin (BTC) fell short by $200 of establishing a new ATH against the US dollar, it achieved this milestone against several other fiat currencies. Most importantly, against the euro, where the crypto asset surpassed €68,000 for the first time in history.Bitcoin with a New ATH (Kind Of)The leading cryptocurrency reached €68,000 on major exchanges, including Binance, marking its first all-time high against the European currency since March. This breakthrough comes as Bitcoin demonstrates remarkable strength against several major fiat currencies, reflecting growing institutional adoption and market confidence.Against the US dollar, Bitcoin tested the $73,600 level on Binance this…
[ad_1] Este artículo también está disponible en español. Dogecoin (DOGE) has surged over 39% recently, sparking renewed euphoria and optimism among traders and investors. Key metrics from IntoTheBlock reveal that DOGE network activity has spiked multiple times over the past month, a sign of increased engagement that suggests the meme coin could be primed for more gains. As Bitcoin nears its all-time high, the broader crypto market rally is fueling confidence that DOGE may soon challenge its yearly high of $0.228. Related Reading The surge in network activity highlights the growing momentum behind DOGE, as new and seasoned investors show…
[ad_1] A recent legal dispute surrounding token airdrops has gathered the support of prominent crypto lobbying organizations, including the Blockchain Association and the Crypto Council for Innovation. These Washington, D.C.-based lobbying groups have filed an “amicus brief” backing apparel brand Beba in its lawsuit against the US Securities and Exchange Commission (SEC). Details Of The Ongoing Legal Battle Against The SEC Filed in March, the case seeks proactive clarity from the SEC regarding how token airdrops align with US securities laws. Beba and the DeFi Education Fund argue that airdrops fall outside the scope of the “Howey Test,” a legal…