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Leveraged Crypto Traders Hit Hard: $872M Liquidated in a Single Day Amid Bitcoin Price Drop
12.4.2024
On April 12, bitcoin briefly reached above the $71,000 threshold, but its value plunged by more than $3,000 after a substantial sell-off at 2:00 p.m. Eastern Time. The price of bitcoin in USD tumbled to an intraday low of $65,230. Over the past 24 hours, leveraged crypto positions totaling $871.88...
Bitcoin Technical Analysis: BTC Traders on Edge as Mixed Signals Keep Market Guessing
12.4.2024
As of April 12, 2024, bitcoin’s price exhibits resilience, trading at $70,748, with oscillators showing mixed signals while moving averages firmly suggest a bullish trend heading into the weekend. Bitcoin The relative strength index (RSI) on the daily scale sits at a neutral 56, indicating...
Rich Dad Poor Dad Author Robert Kiyosaki Believes Bitcoin Price Will Reach $2.3 Million
12.4.2024
Rich Dad Poor Dad author Robert Kiyosaki says he believes that the price of bitcoin will reach $2.3 million, citing a prediction by Ark Invest CEO Cathie Wood. Meanwhile, he said stock, bond, and real estate markets are “set to crash,” and he expects the U.S. to go bankrupt. Robert...
7-Day NFT Sales Increase by 37%, Bitcoin-Based Collections Lead
11.4.2024
Sales volumes of non-fungible tokens (NFTs) recorded a more than 37% increase to $277 million in the seven-day period ending April 11. Six of the top 10 collections with the largest sales volumes were Bitcoin-based NFTs. Some experts attribute the renewed interest in NFTs to the rise of real-world...
US Stock Traders Influencing Bitcoin Prices, Says South Korean Researcher
11.4.2024
US stock traders are exacting a big influence on Bitcoin (BTC) prices, a South Korean crypto researcher has claimed.
The post US Stock Traders Influencing Bitcoin Prices, Says South Korean Researcher appeared first on Cryptonews
Bitcoin Technical Analysis: BTC Remains Range Bound Ahead of US Inflation Report
10.4.2024
Bitcoin’s price movements on April 10, 2024, showcased a day of significant volatility, with the cryptocurrency’s value swinging between $68,207 and $70,917. Oscillators and moving averages paint a complex picture of neutrality and cautious selling signals, amidst a backdrop of...
BlockDAG achieves $15.3M in presale, revolutionizing 2024’s cryptocurrency landscape and influencing Ethereum prices
10.4.2024
The successful launch of its presale has generated a significant $15.3 million, with a distribution of over 7 billion coins to date. Currently in its sixth phase, BlockDAG offers its tokens at an appealing rate of $0.0045 each, sparking considerable attention. Financial analysts have accordingly...
Next Bitcoin Halving to Propel Prices to Between $150,000 and $169,000, Says Bitfinex
9.4.2024
A new analysis by Bitfinex researchers predicts a 160% surge in bitcoin’s price in the upcoming 12-14 months, potentially reaching over $150,000 per unit. This forecast, derived from historical data and statistical models related to previous Bitcoin halving events, suggests a bullish future...
BlockDAG at the forefront of 2024 crypto innovations with ROI potential of 20,000x – Insights on ETH and NEAR Protocol prices
9.4.2024
BlockDAG is rapidly gaining traction in the cryptocurrency market for 2024, alongside prominent cryptocurrencies such as Ethereum (ETH) and NEAR Protocol. With its groundbreaking blockchain technology, BlockDAG has successfully raised over $15 million through its presale, quickly selling out...
Ripple CEO Expects Crypto Market Cap to Double This Year — ‘I’m Very Optimistic’
9.4.2024
Ripple CEO Brad Garlinghouse says he is “very optimistic” about the crypto market, predicting it could double its market cap this year. The executive explained that the macro trends, such as the spot bitcoin exchange-traded funds (ETFs), are driving “real institutional...
Coinbase Anticipates Bitcoin Dips to Be ‘More Aggressively Bought’ Than Previous Cycles
8.4.2024
Cryptocurrency exchange Coinbase says bitcoin dips are likely to be “more aggressively bought compared to previous cycles, even as volatility persists during price discovery.” The crypto firm noted that the impact of U.S. spot bitcoin exchange-traded funds (ETFs) and the larger inflow...
Ark CEO Cathie Wood Sees Bitcoin as a Hedge Against Currency Devaluations and Rogue Regimes
8.4.2024
Ark Invest CEO Cathie Wood sees bitcoin as a hedge against currency devaluations and wealth erosion. “I think this is an insurance policy against rogue regimes or against just horrible fiscal and monetary policies,” she explained, attributing the recent bitcoin price surge to...
Crypto Gainers of the Week: Nervos Leads With a 47.1% Jump, Bitget Token and Bittensor Follow
8.4.2024
In the recent week, bitcoin and ethereum have regained their pace, with a specific set of nine cryptocurrencies posting significant gains in the double digits. During this period, CKB enjoyed a 47.1% uptick, BGB ascended by 21.6%, and TAO increased by 19.3%. Highlighting the Week’s Crypto...
Ethereum Technical Analysis: ETH Rides a Bullish Surge Amidst Cautionary Signals
8.4.2024
In a demonstration of resilience and bullish momentum, ethereum’s price spiked over the $3,600 threshold, marking a significant increase within a 24-hour range that saw lows of $3,372 and highs of $3,644. This uptrend is underpinned by a strong trade volume of $13.40 billion and a market...
MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark
8.4.2024
The broker raised its price target for the software company to $1,875 from $990 and maintained its buy rating on the stock
Bitcoin Technical Analysis: BTC Eyes Previous Zeniths With Renewed Vigor
8.4.2024
On April 8, 2024, bitcoin reached an impressive 24-hour peak of $72,573, marking a significant uptrend. With a 24-hour trading volume of $29.64 billion and a market capitalization soaring to $1.41 trillion, the cryptocurrency showcases strong market growth. Bitcoin Analyzing the daily chart...
Skybridge Founder: Bitcoin Halving Not Priced in — BTC Has ‘a Lot More’ Upside
7.4.2024
Skybridge Capital founder Anthony Scaramucci remains bullish on bitcoin, dismissing the notion that the potential benefits of the upcoming halving are already priced in. He emphasized that bitcoin has significant room for further growth, noting that the crypto could “trade to half of...
8 Blockchain Giants Log $3.77 Billion in NFT Sales in Q1 2024
7.4.2024
Despite experiencing a downturn for four straight weeks, eight blockchain networks logged $3.77 billion in non-fungible token (NFT) sales in the first quarter of 2024. Leading the charge, Ethereum-centric NFTs accounted for $1.4 billion or 37% of the NFT sales during Q1 2024. The Dual Forces...
V2 whitepaper release shoots BlockDAG’s ROI projection to 20,000x while LTC & Solana prices rally
7.4.2024
BlockDAG has become a top investment choice, with its V2 whitepaper release propelling the project’s ROI projection to an astonishing 20,000x. While Litecoin (LTC) and Solana (SOL) experience notable price rallies, showcasing robust growth and investor confidence, BlockDAG captures...
South Korea’s Crypto Market Continues to Defy Global Trends With Premium Prices
7.4.2024
Metrics reveal that cryptocurrency premiums in South Korea consistently outpace the global average. As of now, bitcoin exchanges hands at $69,245 per piece globally, while on the South Korean platform Upbit, it’s being traded at $73,513 each. Additionally, March witnessed a notable increase...