After hitting the $100,000 milestone, Bitcoin suffered a sudden price crash on Friday resulting in an estimated price loss of 7%. During this decline, the asset’s perpetual funding rates in the derivative markets took a hit. However, traders may yet…
Category: Crypto Analysis
Chainlink Price Shines With 40% Rally — Is $28.5 Possible?
Over the past week, the cryptocurrency market was not particularly on that impressive streak many investors may have now become accustomed to. However, the large-cap altcoins seem to have woken from their slumber to close the week, with the Chainlink…
Is Pepe Coin’s Next ATH Around The Corner? Whales Bet Big After Major Listings
Pepe is in the meme coin spotlight again. Binance.US and Coinbase, two of the major cryptocurrency exchanges, have added Pepe Coin to their trading platforms. Whales have been consuming enormous amounts of the token, generating ripples. Could this momentum take…
SUI Flashes Overbought Warning, Will A Price Correction Follow?
SUI has been on an impressive upward trajectory, but signs of potential exhaustion are beginning to emerge. Key technical indicators now suggest the cryptocurrency has entered overbought territory, sparking speculation about whether a pullback could be on the horizon. While…
Has Bitcoin Reached Its Cycle Top? Insights From Leading Analysts
Bitcoin experienced extreme volatility yesterday after reaching a new all-time high of $104,088 on Wednesday. What followed was a textbook “Darth Maul” candle on the daily chart, as BTC plummeted from $103,550 to as low as $90,500 before stabilizing. While…
Dogecoin’s Big Question: How Far Can Its Price Rise By Year’s End?
Dogecoin continues to keep investors on edge with its evolving price dynamics. Trading at $0.4500 as of December 5, the memecoin has surged by an impressive 450% from its annual low. This rally has brought DOGE’s market capitalization to over…
President-Elect Trump’s Message To Bitcoin Holders: Congratulations On Reaching $100,000
President-elect Donald Trump, now a vocal supporter of Bitcoin, took to social media to congratulate cryptocurrency holders on surpassing the $100,000 milestone for the first time in history. Bitcoin Price Surpasses $100,000 In a post on Truth Social, Trump expressed…
XRP Price Steadies Above Support: Preparing for the Next Move?
XRP price remained in a range below the $2.50 zone. The price is consolidating above $2.150 and might aim for a fresh increase above the $2.40 level. XRP price started another decline and traded below the $2.40 level. The price…
Ethereum Breaks Barriers, Targets $6K Amid Record ETF, TVL Activity
The increasing prominence of Ethereum is once again in the spotlight, as recent data indicates a substantial inflow of funds into Ether-based ETFs. These products have experienced a remarkable $133 million in net inflows over the course of seven days,…
XRP Downtrend Is Only Temporary: Analyst Gives Reasons Why Price Is Headed For $3.2
The XRP price has witnessed a significant correction after rallying to as high as $2.9 this week. This has raised speculations about whether the recent rally is over, but crypto analysts MadWhale has indicated that XRP still has more room…