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Bitcoin Technical Analysis: BTC Breaks $42K Resistance in Latest Bullish Swing
4.12.2023
On December 4, 2023, bitcoin’s price exhibited significant movements trading between $39,409 and $42,155 during the intraday sessions. The crypto asset briefly crossed the $42K zone — a height not seen since the Terra LUNA crash. Bitcoin’s current market capitalization is around $813 billion...
Bitcoin Price Breaks Through $42,000, Up 6.6% in 24 Hours
4.12.2023
Source: Pexels Bitcoin price briefly broke through the $42,000 mark earlier today, gaining 6.6% in the last 24 hours. This surge marks a recovery to levels last witnessed before the Terra crash in May 2022. Liquidations in the crypto market have concurrently spiked, with over $160 million...
Bitcoin ETFs to jumpstart Crypto Market Entry and Price in 2024
4.12.2023
Cory Klippsten, the chief executive officer of Swan Bitcoin, believes that spot Bitcoin exchange-traded funds (EDFs) could provide an alternative approach to entering the crypto market. This could be achieved by circumventing the exploitative marketing mechanisms that date back to 2017. According...
Shiba Inu Price Prediction as Meme Coins See Double-Digit Gains – Time to Buy?
4.12.2023
Source: Dall•E 3 The Shiba Inu price has jumped by 10% in the past 24 hours, with the meme token’s rise to $0.00000934 coming as the market as a whole gains by 4% today. This increase puts SHIB up by 18% in the last 30 days, with the coin also having appreciated by 15% since […]
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XRP Price Prediction as $1.2 Billion Trading Volume Floods In – Bull Market Starting?
4.12.2023
Source: Dall•E 3 The XRP price has risen by 3% in the past 24 hours, moving to $0.639999 on a day when increasing bullishness has pushed the entire crypto market by 4%. XRP has now gained by 6% in a week and by 4% in the last 30 days, with the altcoin – the fifth-biggest […]
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Why Are Early $DOGE Investors Stacking This New Meme Coin?
4.12.2023
Majors rising across the board, stablecoin supply going up, and institutional money scrambling to get on-chain ahead of the Bitcoin ($BTC) Spot ETF. The trajectory is already clear and soon the pre-bull market phase will give way to the authentic bull market. That means another memecoin season...
Bitcoin Market-Neutral Bets Offer 10% Return as BTC Tops $41K, Analysts Say
4.12.2023
The "basis trade," a standout in the 2020/2021 bull market, is hinting at a resurgence, one observer said, referring to the rising futures premium
French Court Acquits Hackers Accused of Targeting Avalanche Stablecoin Project Platypus
4.12.2023
Image Source: Pixabay A French court has acquitted the individuals accused of orchestrating the $8.5 million hack on Platypus Finance, an automated market maker (AMM) protocol on the Avalanche blockchain. According to a report by Le Monde, the defendants, identified as Mohammed and Benamar M., were...
Bitcoin Price Prediction: BTC Soars 3.5%, Fed Cuts Stir USD, Zodia Joins Ripple’s Network
4.12.2023
In a striking display of market dynamics, Bitcoin’s price surged to $40,630, marking a notable 3.50% increase on Monday. This uptrend in Bitcoin’s value coincides with a weakening US Dollar, as market speculation intensifies around potential Federal Reserve rate cuts. Adding to...
What is the Next Cryptocurrency to Explode in 2024? Top 17 Contenders
4.12.2023
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Many investors are looking for the next crypto to blow up. However, with so many crypto projects in the market, it can be hard to make a definitive...
Platypus Exploiters Acquitted of Wrongdoing in Landmark Case
4.12.2023
Mohammed and Benamar M., two brothers accused of exploiting Platypus, an avalanche-based automated market maker (AMM) platform, were acquitted of any criminal wrongdoing in a landmark case for French justice. The judge in charge stated that the individuals just interacted with a smart contract that...
Bitcoin Breaks $40K for First Time in 18 Months Amid Broader Crypto Market Rise
4.12.2023
The price of Bitcoin hit $40,000 on Sunday for the first time in 18 months, while Ethereum rose past $2,200
Lido Achieves 9 Million Ethereum Milestone as Rocket Pool Surpasses 1 Million in Defi’s Booming Staking Sector
3.12.2023
Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring Lido’s dominant position in the market. Lido and Rocket...
Gold Nears Record High Amid Global Uncertainty, Surges to $2,071 an Ounce
3.12.2023
The price of an ounce of pure gold has approached its highest historical level this weekend, reaching $2,071 per ounce. This peak nearly matches its record three years ago on August 7, 2020, when during the Covid-19 pandemic, spot gold prices soared to an unprecedented high of $2,072.50 per ounce....
Celestia Price Prediction as Airdrop Token Approaches $10 Level – Is TIA the Next Solana?
3.12.2023
As the crypto community buzzes with anticipation, the Celestia token (TIA) nudges the $10 mark, currently trading at $8.31 amidst a bustling 24-hour trading volume of $387,150,841. Despite a slight downtrend of around 2.50% in the last day, Celestia maintains a robust position, ranked #50...
Bitcoin Price Prediction as $40,000 Resistance Comes into Play – Can BTC Reach $50,000 This Week?
3.12.2023
As Bitcoin soars to a striking $39,390, up by a significant 1.50% in the last day, the crypto community is abuzz with anticipation. This remarkable surge forms a crucial part of the broader escalation in the total cryptocurrency market cap, which has now eclipsed the $1.5 trillion milestone....
Terra (LUNA) Re-enters Top 100 Crypto As InQubeta (QUBE) Smashes $5.6 Million Presale Mark
3.12.2023
Significant digital asset ranking shifts continually happen in the crypto market. According to CoinMarketCap, Terra (LUNA), an algorithmic stablecoin, has re-entered the top 100 cryptocurrencies by market capitalization after a recent spike in its price. This development coincides with...
Robert Kiyosaki Warns of Giant Market Collapse, War, ‘Really Hard Times Ahead’ for Millions
3.12.2023
Rich Dad Poor Dad author Robert Kiyosaki has issued more warnings about the U.S. economy, including a giant market collapse, a possible next Great Depression, and another war. The famous author emphasized that millions of people will face “really hard times ahead.” He urged them to...
Bitcoin Surpasses $39K, Achieving 19-Month Peak in Saturday’s Crypto Market Surge
2.12.2023
On Saturday, December 2, 2023, the cryptocurrency market exhibited a positive trajectory, advancing by 1.91% to reach a total value of $1.48 trillion. Notably, bitcoin achieved a peak of $39,705 within the day, marking its highest value since late April 2022. Crypto Economy Climbs Nearly 2%...
FDUSD Nears $1 Billion Cap — A Rapid 253% Surge in Supply Since August
2.12.2023
Recent data indicates that the market capitalization of the newly introduced stablecoin, first digital usd (FDUSD), is approaching the $1 billion threshold. This growth, a 253% increase in supply, has been recorded since August 4, 2023. Currently, the circulation of FDUSD tokens stands at...