The Bitcoin price and the bull run appear to be back on the right track after recording its best weekly performance in the past month. Despite starting the week quietly and hovering around the $63,000 level, the premier cryptocurrency received…
Category: Crypto Analysis
Analyst Backs Spot Bitcoin ETFs To Surpass Gold ETFs In Cumulative Net Inflows
Market analyst and President of the ETF Store Nate Geraci has backed the US-based spot Bitcoin ETFs to overtake the Gold ETFs in terms of cumulative net flows. This projection comes amidst a staggering performance by these Bitcoin ETFs in…
Analyst Points To Key Bitcoin Metric Indicating A Strong Uptrend—$90K in Sight?
Bitcoin (BTC) has been on an upward trend in recent weeks, showing positive price movements that appear quite appealing to investors. According to a recent CryptoQuant analysis, a key metric, “active address momentum,” paints a bullish picture for the cryptocurrency. Active Address…
Dogecoin Breaks Away With 9% Surge: Why This Could Trouble Bitcoin
Dogecoin has broken away from the rest of the market with a 9% surge. Here’s why this could be bad for Bitcoin, according to history. Dogecoin Has Registered A 9% Jump During Last 24 Hours While most of the cryptocurrency…
Expert Calls On Ripple Community To Collectively Send XRP Price On 1,800x Rally To $1,000
The idea of the XRP price reaching $1,000 has once again gained traction as a social media platform X user called Drewski called for the Ripple community to unite in driving XRP to the unprecedented price level. While Drewski’s post…
Bitcoin Breaking Out Of 7-Month Accumulation Channel: Expert Predicts Further Upside
Bitcoin is at a pivotal moment after surging past the $68,000 mark and setting a new local high, confirming its bullish uptrend. Analysts and investors closely monitor the next steps, searching for signs of a continued rally or a potential…
Bitcoin Holders In Profit Hits 95%: Is BTC Overheating?
On-chain data shows around 95% of all Bitcoin holders are in profit following the latest bullish action that the asset’s price has seen. Very Few Bitcoin Addresses Are Still Underwater In a new post on X, the market intelligence platform…
Cardano (ADA) Eyes a Potential Recovery: Can It Bounce Back?
Cardano price started a fresh decline below the $0.3565 zone. ADA is consolidating above $0.3420 and might attempt a recovery wave. ADA price started a downward move below the $0.3520 support level. The price is trading below $0.3500 and the…
Is $100,000 Bitcoin Possible? Analyst Breaks Down Major Catalysts
As Bitcoin (BTC) edges closer to the $70,000 mark, the crypto community is abuzz with predictions of a potential surge to $100,000, accompanied by a significant altcoin season. Amidst this fervor, crypto analyst Axel Bitblaze has provided an analysis on…
Turbo Team Selling After The AI Meme Coin Flies To New All-Time High: Time To Exit?
Turbo is trending at around all-time highs. The upswing started in mid-September and initiated a move up that saw the AI meme coin break above local resistances, which is now supported and propelling valuation to record highs. At press time,…