Tag

Cryptomarket

All articles tagged with #cryptomarket

cryptocurrency1 year ago•1 min saved

Bitcoin's Bullish Momentum: A Trillion-Dollar Comeback and Future Prospects

Bitcoin has entered a parabolic phase, according to crypto strategist Rekt Capital, who suggests this phase could last around 300 days, with Bitcoin currently on day 34. The cryptocurrency recently closed above $100,000 for the first time, though it is trading at $96,862 at the time of writing. Rekt Capital also notes that Bitcoin is 55% through its current bull market. In the altcoin market, the OTHERS chart, which excludes the top 10 coins and stablecoins, faces resistance at $425 billion but is expected to overcome it eventually.

via The Daily Hodl|

#altcoins #bitcoin #cryptocurrency

cryptocurrency1 year ago•3 min saved

Bitcoin Dips Below $100K Amid $1.7B Crypto Liquidation

A sharp correction in the crypto market led to $1.7 billion in leveraged position liquidations, with Bitcoin dropping to $94,100 and Ethereum falling below $3,800. The market-wide selloff saw significant losses in altcoins like Ripple, Dogecoin, and Cardano. Speculation suggests factors like Google's new quantum computing chip and Bitcoin transfers from Bhutan may have influenced the downturn. Despite concerns about quantum computing's potential threat to crypto security, experts argue that current quantum capabilities are insufficient to compromise Bitcoin's encryption.

via Crypto Briefing|

#bitcoin #cryptocurrency #cryptomarket

cryptocurrency1 year ago•2 min saved

Altcoin Season Looms as Bitcoin Dominance Wanes and Prices Surge

Despite recent price corrections in major altcoins like Ethereum, Binance Coin, and Solana, and a decline in the altcoin season index from 88 to 71, there is speculation that an altcoin season may be imminent. This is based on historical patterns where altcoins have rallied after similar market cap trends, as noted by crypto analyst Moustache. However, bearish sentiment and increased short positions suggest continued volatility, leaving the market's direction uncertain.

via AMBCrypto News|

#altcoins #bitcoin #cryptocurrency

cryptocurrency1 year ago•2 min saved

Ethereum's Surge: Analysts Predict New Highs Amid Market Momentum

Ethereum is facing resistance near the $4k mark, but analysis suggests a potential path to $4.5k, contingent on maintaining the $3,560 demand zone. While buying pressure is rising, indicated by a declining exchange reserve and a positive Coinbase premium, bearish signals like a high RSI and a red taker buy/sell ratio suggest possible short-term corrections. The MA Cross indicator remains bullish, but historical patterns in the NUPL metric could lead to price corrections.

via AMBCrypto News|

#cryptocurrency #cryptomarket #ethereum

cryptocurrency1 year ago•2 min saved

XRP Surges Past $2.50: Will Whale Activity Maintain Momentum?

XRP's recent rally to $2.55 has been fueled by significant whale accumulation, with large holders increasing their positions during price dips. Despite the bullish momentum indicated by technical indicators like RSI and MACD, XRP remains in overbought territory, suggesting potential for profit-taking. Historical patterns show mixed outcomes for whale activity, with past accumulations leading to both substantial profits and periods of stagnation. The sustainability of XRP's upward trend depends on continued whale demand and broader market sentiment, with potential resistance at the $2.50 level.

via AMBCrypto News|

#cryptocurrency #cryptomarket #priceanalysis

cryptocurrency1 year ago•4 min saved

Crypto Markets Brace for US Economic Data Impact

The crypto market is closely watching the upcoming US CPI and PPI inflation figures, which could influence Bitcoin and altcoin rallies. Despite potential short-term pullbacks, Bitcoin recently hit an all-time high of $103,900, driven by optimism over pro-crypto regulations. Analysts predict further gains, with Bitcoin possibly reaching $112,926, as whale accumulation and retail interest grow. Historical trends suggest Q4 is favorable for cryptocurrencies, and the market remains optimistic despite inflation concerns.

via CoinGape|

#altcoins #bitcoin #cpi

cryptocurrency1 year ago•3 min saved

Ripple CEO on '60 Minutes': Can XRP Reach $3?

Ripple CEO Brad Garlinghouse is set to appear on CBS's "60 Minutes," where he will discuss Ripple's legal victory against the SEC and its implications for the crypto industry. This interview is anticipated to potentially boost XRP's price, with analysts predicting a rally past $3. Despite recent price consolidation, market sentiment remains optimistic, supported by increased whale activity and long-term holding strategies. The crypto community is closely watching for XRP's next move, especially in light of Garlinghouse's upcoming media appearance.

via Cryptopolitan|

#bradgarlinghouse #cryptocurrency #cryptomarket

cryptocurrency1 year ago•5 min saved

Crypto Market Highlights: Top Gainers and Emerging Trends

In the past week, Virtuals Protocol (VIRTUAL), Theta Network (THETA), and Core DAO (CORE) were the top gainers in the cryptocurrency market, with VIRTUAL leading with a 177% increase. Conversely, Stellar (XLM), Raydium (RAY), and Solana (SOL) were the biggest losers, with XLM experiencing a 10.1% decline. The market remains volatile, highlighting the importance of thorough research before investing.

via AMBCrypto News|

#cryptocurrency #cryptomarket #solana

cryptocurrency1 year ago•2 min saved

Render (RNDR) Faces Uncertainty Amid Market Correction and Price Predictions

Render (RNDR) has experienced a significant price increase, rising over 10% in the last 24 hours, with trading volume up by 22%. The cryptocurrency has broken out of a bearish trend, indicating a bullish uptrend, and is currently challenging the $8.87 level. Analysts suggest that if RNDR maintains its momentum, it could reach $15 by the end of December, with longer-term targets between $20 and $30. Increased net inflows and large holder activity support this bullish outlook.

via AMBCrypto News|

#bullishtrend #cryptocurrency #cryptomarket

cryptocurrency1 year ago•2 min saved

Ethereum's Bullish Momentum Returns with Potential for $7,500 Surge

Ethereum's price has surged by 10%, triggering a SuperTrend buy signal, which previously led to a 120% price increase in 2023. Crypto analyst Tony Severino highlights the potential for Ethereum to reach $7,500 if it replicates its past performance. The SuperTrend indicator, along with other technical analyses, supports a bullish outlook, with Ethereum currently trading at $3,590. The RSI and MACD indicators suggest further upward momentum, with the price potentially peaking by mid-2026.

via Bitcoinist|

#cryptocurrency #cryptomarket #ethereum

cryptocurrency1 year ago•2 min saved

Tornado Cash Sanctions Overturned, Crypto Privacy Coins Surge

Tornado Cash's token, TORN, surged nearly 383% after a U.S. Fifth Circuit Court ruling stated that immutable smart contracts cannot be classified as property, challenging the U.S. Treasury's sanctions. This decision led to a rally in privacy-focused cryptocurrencies like Railgun, Zcash, and Beam. The court's ruling is seen as a significant win for privacy advocates and the crypto community, emphasizing the autonomy of decentralized technology.

via Decrypt|

#cryptocurrency #cryptomarket #privacycoins

cryptocurrency1 year ago•4 min saved

XRP Price Soars Amid Bullish Momentum and SEC Optimism

XRP's price has surged to a 3-year high, driven by speculation of reduced SEC scrutiny and strong technical indicators, with predictions it could reach $10 in the next bull run. Meanwhile, Rexas Finance (RXS), a new player in asset tokenization, is gaining attention with its presale success and potential to match or exceed XRP's growth, making it a compelling investment prospect for the upcoming market phase.

via Bitcoinist|

#bullrun #cryptocurrency #cryptomarket

cryptocurrency1 year ago•3 min saved

Dogecoin's Meteoric Rise: Analysts Predict $10 Milestone Amid Market Shifts

As Bitcoin reaches new highs, analysts predict Dogecoin could hit $10, but highlight three altcoins, including XYZVerse, as likely to achieve significant price milestones first. XYZVerse, a sports-themed memecoin, is gaining attention for its innovative approach and potential for high returns, with a presale price of $0.000667 and a target of $0.1. Meanwhile, Dogwifhat and Bonk also show promise, but XYZVerse's unique blend of sports and meme culture positions it as a standout in the crypto market.

via crypto.news|

#altcoins #cryptocurrency #cryptomarket

cryptocurrency1 year ago•2 min saved

Crypto Experts Predict Imminent Altcoin Season Amid Bitcoin Trends

Crypto strategist TechDev suggests a new altcoin season may be imminent, based on historical patterns from the 2017 and 2020 bull markets. He notes that altseasons typically begin after Bitcoin achieves three consecutive weekly closes above its previous cycle highs, leading to a drop in Bitcoin Dominance (BTC.D). TechDev also highlights that Bitcoin's recent movement into the parabolic zone, as indicated by its RSI and Bollinger Bands, mirrors its 2017 bull market behavior, potentially signaling a shift where altcoins could outperform Bitcoin.

via The Daily Hodl|

#altcoinseason #bitcoin #bollingerbands

cryptocurrency1 year ago•2 min saved

Analyst Warns of Bitcoin's Imminent Local Top Amid Market Heat

Pseudonymous analyst Capo, known for predicting the 2022 crypto collapse, warns that Bitcoin may soon hit a local top and retrace its recent gains. He cites overly bullish market sentiment, the US government's potential Bitcoin sales, and political uncertainties as reasons for a possible correction. Capo also notes the strength of the US dollar and weakness in altcoins as indicators of an impending market downturn. Bitcoin is currently trading at $98,994.

via The Daily Hodl|

#altcoins #bitcoin #cryptocurrency