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Analysts See Gold Reaching $2,600 per Ounce Amid Strong Market Demand
19.3.2024
While bitcoin experienced a 12% decrease following its all-time high last week, gold has shown relative stability over the past five days, with only a slight 1% decline in the same period. In a similar vein to crypto enthusiasts, advocates for gold predict that the metal will continue its upward...
Bitcoin Falls to Sub-$63K as Market Awaits Federal Reserve’s Next Move
19.3.2024
On Tuesday, the value of bitcoin fell to a low of $62,355, experiencing a decline of over 7% against the U.S. dollar in the last 24 hours and a decrease of 12.4% in the past week. This downturn led to the liquidation of a substantial number of bitcoin long positions, with more than $180 million...
Standard Chartered Raises Bitcoin Target: BTC Could Hit $150K This Year, $250K Next Year
19.3.2024
Standard Chartered has raised its bitcoin forecast, predicting that the cryptocurrency’s price could reach $250,000 next year and $150,000 this year. The bank also adjusted its ether forecast as it anticipates the approval of a spot ether exchange-traded fund (ETF) by the U.S. Securities...
Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year
19.3.2024
Binance CEO Richard Teng now expects the price of bitcoin to surpass his earlier estimate of $80,000 this year. The executive anticipates continued significant inflows into U.S. spot bitcoin exchange-traded funds (ETFs) as endowments and family offices increase bitcoin exposure in their investment...
Predicting Bitcoin’s Bull Run Values: Plan B’s S2F Model and Ledn CIO’s $92,000 Target
18.3.2024
As bitcoin hovers around the $67,000 mark on March 18, 2024, there’s still widespread speculation about the potential for its price to climb even higher. The analyst Plan B continues to shed light on his well-known stock-to-flow (S2F) model, which suggests that “exponential...
Jupiter Soars by Nearly 100%, Leading This Week’s Crypto Gainers
18.3.2024
Over the past week, bitcoin and ethereum faced declines, while a number of alternative cryptocurrencies enjoyed significant appreciation. Notably, JUP soared by 99.5% against the dollar, with WIF climbing 42% and SOL increasing 37% in the same period. Alternative Crypto Assets Outshine Bitcoin...
Crypto Meme Coin Prices Flash Crash, But Dogecoin20 Raises $1 Million in 48 Hours
18.3.2024
Meme coin prices have taken a hit over the weekend, yet new Ethereum-based token Dogecoin20 has raised almost $2 million in its presale.
The post Crypto Meme Coin Prices Flash Crash, But Dogecoin20 Raises $1 Million in 48 Hours appeared first on Cryptonews
Ethereum Technical Analysis: Oscillators and Averages Signal a Tense Equilibrium
18.3.2024
Ethereum’s journey through financial markets on March 18, 2024, showcases a complex landscape marked by its recent price movements and technical indicators. Amidst a volatile environment, ether is priced at $3,578 per unit, reflecting the intricate dance between buyers and sellers. Ethereum...
Bitcoin Technical Analysis: BTC Navigates Volatile Waves of Change
18.3.2024
As bitcoin flirts with the boundaries of its recent trading range, its price oscillation reflects a vibrant yet undecided market, standing at a pivotal $68,259 per unit, after testing waters between $64,522 and $68,902 within a 24-hour frame. Bitcoin Presently, bitcoin’s (BTC) oscillators...
SOL prices cross $200; Solana surpasses Ethereum
18.3.2024
Solana surpassed Ethereum in terms of network activity, and SOL prices surged beyond $200. Both aspects are likely to be driven by a key factor: demand for Solana-based meme coins. The same has reportedly intensified in recent times, pushing SOL to $202.35 at the time of writing this article....
Despite Broad Crypto Downturn, Solana Hits $200 Range and Overtakes BNB
18.3.2024
Based on the latest metrics, the cryptocurrency landscape has experienced a widespread but modest downturn. Yet, the digital asset solana has risen by 12.2% in the last 24 hours and 43% against the U.S. dollar over the past week. Currently, solana surpassed the $200 mark per coin as it closed in...
Runestone NFTs Lead the Charge in Multi-Chain Marketplace Sales
17.3.2024
According to the latest data, the Runestone non-fungible token (NFT) compilation has emerged as the leading NFT collection across various multi-chain support marketplaces. As of now, a Runestone NFT’s base price fluctuates between 0.047 and 0.048 bitcoin, which translates to approximately...
Despite Recent Dip, Meme Coin Shiba Inu Marks 177% Monthly Growth
16.3.2024
Based on the most recent data, the meme cryptocurrency shiba inu has witnessed 410 trillion tokens burned, translating to approximately 41% of its entire circulation. Concurrently, the digital asset has experienced a recent price revival over the last four weeks. Despite shiba inu’s value...
NFT Market Faces 16.55% Drop in Sales Amidst Cryptocurrency Downturn
16.3.2024
In tandem with the broader downturn of the cryptocurrency market this week, the non-fungible token (NFT) sector also experienced a downturn in sales over the preceding seven days. From March 9 to March 16, 2024, the NFT market witnessed sales amounting to $358,080,260, a decline of 16.55% from...
Market Shakeup — BSV Faces Steep Decline After UK Judge’s Decision in COPA Case
16.3.2024
In recent times, the cryptocurrency landscape has experienced a widespread decline, yet the digital asset bitcoinsv, known for its associations with Craig Wright, has seen the most significant weekly downturn within the crypto sphere, dropping 18.9% versus the U.S. dollar in seven days. This...
Galaxy Digital CEO: Bitcoin Unlikely to Fall Below $55,000 — ‘That’s the New Floor’
16.3.2024
Galaxy Digital CEO Michael Novogratz says he doesn’t believe the price of bitcoin will fall back down to the $50K-$55K level. “I think that’s the new floor unless something dramatic happens,” he described. “This has been a wild ride of an asset,” he added...
Michael Saylor's MicroStrategy Prices Upsized $525M Debt Offering to Buy More Bitcoin
15.3.2024
The firm announced its plans to raise $500 million in a debt offering on Wednesday only days after purchasing 12,000 BTC with the proceeds of a previous $700 million offering
Bitcoin Technical Analysis: Sharp Downturns as Bearish Trends Dominate Price Movements
15.3.2024
Bitcoin witnessed a notable intraday swing from $65,569 to $73,794, reflecting a volatile market environment. Despite this turbulence, its market capitalization still holds strong at just over $1.3 trillion, supported by a substantial 24-hour trading volume of $89 billion. Bitcoin The analysis...
Bitcoin Trader Sees Prices Slumping to $60K as Crypto Bulls See $650M in Liquidations
15.3.2024
The CoinDesk 20, a broad-based index of the most liquid crypto tokens, was down 8.25%
Analysts ‘Now More Convinced’ of Bitcoin Reaching $150,000 by Mid-2025
15.3.2024
Global asset management firm Alliance Bernstein has doubled down on its bitcoin price prediction of $150K by mid-2025. “These are still early days of bitcoin’s integration into traditional asset portfolios,” the firm’s analysts described, adding that they are “now...