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Bitcoin Price Punches Above $48,000 Amid Strong ETF Inflows, Bullish Seasonality, Fading Miner Sell Pressure, US Equity Upside
9.2.2024
Bitcoin Price Punches Above $48,000 / Source: Dalle-3 The Bitcoin price topped $48,000 briefly on Friday for the first time since the first day following spot Bitcoin ETF launches on the 11th of January, and was last up close to 5.0% on the day. Bitcoin (BTC) bulls have taken decisive control...
New Solana Meme Coin SMOG Token Announces ETH Bridge After Major $37M Market Cap Launch – Markets Bullish on Airdrop Campaign
9.2.2024
Friday, February 9th, 2024 – Enter the Year of the Dragon in the latest major airdrop development on Solana, new meme coin Smog Token (SMOG) has announced it is shifting to become a multi-chain ecosystem using Wormhole, just 24 hours after a sensational skyrocket for SMOG price at launch....
XRP Price Prediction as Technical Indicators Signal Bullish Turn – Surge Imminent?
9.2.2024
The XRP price has risen by 1.5% in the past 24 hours, climbing to $0.5227 on a day when the cryptocurrency market as whole enjoys a 3% lift. XRP has now risen by 3.5% in a week, yet the major altcoin actually remains down by 7% in the last 30 days, an underperformance relative to […]
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Is Bonk Dead? BONK Price Chops and Newest Meme Coin Smog Pumps 1185%
9.2.2024
As the leading Solana meme coin continues to fight on in the top 100 cryptocurrencies, BONK price has flipped back into a bullish technical structure above the 20DMA. This article will provide an analysis of BONK’s current price trends and look to see whether a newer meme coin, SMOG, represents...
Analysts are bullish about a surge in Vechain
9.2.2024
The performance of a crypto depends on several factors playing out in any combination. Volatility is only constant, a major factor that affects where a token moves on the graph. Sentiments are more or less the same for Vechain, except analysts are bullish about it, expecting a surge in the coming...
CoinDesk’s CEO Kevin Worth Departs in Major Restructuring Led by New Owner Bullish
9.2.2024
CoinDesk’s CEO Kevin Worth has stepped down as part of a major restructuring effort led by the crypto exchange Bullish, which recently acquired the media outlet. Bullish has appointed Sara Stratoberdha, who previously spearheaded business development for the exchange, as the new CEO...
CoinDesk’s New Owner Bullish Replaces CEO in Restructuring
9.2.2024
Sara Startoberdha succeeds Kevin Worth, who has led CoinDesk since 2017
XRP Price Prediction as Whales Ramp Up Bullish Bets Despite Slump – Huge Pump Incoming?
8.2.2024
The XRP price has increased by 2% today, rising to $0.5129 as the wider cryptocurrency market enjoys a 3.5% gain in the past 24 hours. XRP’s move also comes amid an increase in leveraged long positions among large traders, with XRP’s long/short ratio on OKX reaching its highest position...
Bitcoin Price Pushes Above $44,000 as Bulls Regain Control – Where Next for BTC?
7.2.2024
The Bitcoin (BTC) price just hit its highest level since the 12th of January above $44,000. The world’s largest cryptocurrency by market cap seems to be taking its cue from bullish momentum in US equities. The S&P 500 came within a whisker of hitting the 5,000 level for the first time...
The Protocol: Solana's Missed Moment, Exclusive Farcaster Q&A, Bullish Year of Dragon
7.2.2024
Even in a slow week ahead of the Chinese New Year, there's a lot of crypto news to cover. Here's this week's The Protocol, CoinDesk's weekly newsletter devoted to blockchain tech
Is It Too Late to Buy Bittensor? TAO Price Keeps Rising as Viral New Meme Coin Shakes the Market
7.2.2024
Rising decentralized AI token Bittensor has continued to post alluring gains, but can TAO price analysis reveal whether it’s too late to buy Bittensor token? The impressive growth comes as Bittensor accelerates up to a new all-time high in market cap at $3bn (USD) – a move fuelled...
Bitcoin Price Prediction: BTC Consolidates Near $42,830 Amid Cathie Wood’s Gold Comparison
6.2.2024
Bitcoin price prediction; February 6, 2024 Bitcoin price prediction remains bullish as BTC‘s climb to $42,830 ignites discussions, with Cathie Wood championing it as the new gold, reshaping investment strategies in the digital age. Market sentiment appears cautiously optimistic as influential...
Is It Too Late to Buy Flare? FLR Price Pumps Up 15% as Viral New Meme Coin Hits $8 Million Milestone
5.2.2024
Promising EVM project Flare Network has seen its price pump +15% in a strong push, but can FLR price analysis reveal whether it’s too late to buy Flare? And could this other viral coin be next? The sudden pump comes as Flare price retains bullish poise in technical structure, with the move...
Ethereum Technical Analysis: ETH Remains Range Bound With Neutral to Bullish Momentum
5.2.2024
Ethereum’s price held above $2,300 over the past 24 hours, ranging between $2,266 and $2,333. The cryptocurrency faces technical resistance at its recent highs according to an analysis of key oscillators and moving averages. These indicate continued neutral to bullish momentum over the past...
dYdX Unlocks Over 33 Million Tokens: Pump or Dump? Bullish Metrics Found in Algorand (ALGO) and InQubeta (QUBE)
5.2.2024
The dYdX (DYDX) token unlock continues, with the 33 million coins, worth approximately $90 million, unlocked on February 1. This is on the back of the previous unlock on January 23rd, which is set to continue for the next five months. The frequency and size of these new token releases have raised...
Solana Price Prediction as Crypto Billionaire Arthur Hayes Says It’s Time to ‘Get Back on the Solana Train’
3.2.2024
Solana (SOL) price predictions are turning increasingly bullish, with the cryptocurrency still substantially below its December peaks, but with chart analysis hinting at upside price risks and widely followed crypto personality Arthur Hayes commenting that it may be time to “get back on the Solana...
Bullish on Bitcoin: Global Survey Respondents Anticipate BTC Price Spike to $60K and Beyond in 2024
1.2.2024
A recent international survey by Bitget has illuminated the crypto market’s hopeful perspective, drawing insights from close to 10,000 individuals across areas such as West Europe, East Europe, Southeast Asia, East Asia, MENA, and Latin America. More than half of the participants globally...
Traders bullish on Bitcoin Minetrix’s potential to surpass Ethereum price gains in 2024
1.2.2024
Ethereum has been making remarkable price gains since Q3 2023 and continues to do so in the new crypto market year. As this crypto giant edges closer to the $2,500 mark, traders are confident that the market has entered the bullish phase. While Ethereum continues its bullish momentum, its potential...
Major red flags slam XRP price: Will bullish dream fade away?
1.2.2024
XRP is down by 3.65% in the last 24 hours. The slip extends to a broader timeline, with more downs coming at 3.82% in the last 7 days and 19.78% in the last 30 days. Notably, this comes at a time when anticipation for the Spot XRP ETF was high following the approval of the …
Vibe Check: The Bullish Bounce Back: CoinDesk Indices' Todd Groth
31.1.2024
Periodic observations and market musings from Todd Groth, Head of Research, CoinDesk Indices