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The Uphill Quest — Top Cryptos Face Significant Hurdles to Reclaim Peak Prices
29.2.2024
As of Feb. 29, 2024, at 11:30 a.m. ET, bitcoin’s price stands a mere 9.5% shy of its record high of $69,044 per unit, achieved on Nov. 10, 2021. Below is an examination of several leading cryptocurrencies and their proximity to their historical peaks. The Herculean Task for Some of the...
Bitcoin Price Could Hit $250,000 ‘Sooner’ Than Expected, Says Bitwise CEO
29.2.2024
The chief executive of Bitwise Asset Management expects the price of bitcoin to hit $250,000 sooner than most people would imagine. Moreover, he believes that bitcoin is going to eat into gold’s total addressable market “faster than people expect.” He opined: “Bitcoin...
Arweave and Aptos Lead Crypto Market Surge With Stellar Gains as BTC Nears All-Time High
28.2.2024
Bitcoin experienced a 6.8% increase on Wednesday, reaching a peak of $64,000. This upturn also propelled several other digital assets upwards, notably arweave (AR) with a 50.3% increase and aptos (APT) with a 23.5% appreciation against the U.S. dollar. AR, APT, FET, DOGE, PEPE, and ORDI Post...
CoinGecko API Expands On-Chain Data DEX Coverage to 2.2M Tokens Across 2.5M Liquidity Pools
28.2.2024
CoinGecko's new API provides real-time on-chain data for 2.2 million digital tokens across 2.5 million DeFi liquidity pools. The API covers 900 DEX platforms spread across 120 blockchain networks, including Uniswap, Curve Finance, Sushiswap, and Orca. Explore market data, crypto prices, and more...
Bitcoin Technical Analysis: A Series of Successive Gains Signals Strong Market Confidence
28.2.2024
As bitcoin weaves its way through the market’s intricacies, its pricing path exhibits an unyieldingly positive trend, marked by a train of successive increases. Reaching $59,992, the leading digital currency experienced a significant intraday journey, fluctuating between $56,383 and $59,992...
Peter Brandt Raises Bitcoin Price Target to $200,000 for the Current Bull Market Cycle
28.2.2024
Veteran trader Peter Brandt has provided an update on his bitcoin price prediction. He explained that the price target for “the current bull market cycle” scheduled to end in Aug/Sep next year has been raised from $120,000 to $200,000. Peter Brandt on Bitcoin Bull Market Cycle Peter...
Upbit’s Listing of Altlayer (ALT) and Pyth Network (PYTH) Sparks Double-Digit Surges in Prices
27.2.2024
South Korea’s leading crypto exchange, Upbit, added support for two alternative cryptocurrencies (altcoins) – Altlayer (ALT) and Pyth Network (PYTH). Since their listing, both altcoins have experienced significant double-digit price surges, reflecting the ongoing bullish momentum in the crypto...
9 Spot Bitcoin ETFs Break All-Time Daily Volume Record
27.2.2024
Nine recently launched spot bitcoin exchange-traded funds (ETFs) broke their all-time daily volume record on Monday as the price of bitcoin soared. “It’s official…the new nine bitcoin ETFs have broken all-time volume record today with $2.4b,” said a Bloomberg...
JPMorgan Says Bitcoin Halving and Ethereum Upgrade ‘Are Largely Priced In’
27.2.2024
JPMorgan Chase has discussed three main catalysts driving crypto prices over the coming months. The global investment bank’s analysts believe that the Bitcoin halving event and the next major upgrade of the Ethereum network are largely priced in. JPMorgan on Catalysts Affecting Crypto Prices...
FLR and UNI Spearhead This Week’s Crypto Gains as Token Economy Holds Above $2 Trillion
26.2.2024
In the last week, 23 cryptocurrencies experienced notable gains against the U.S. dollar, with flare (FLR) and uniswap (UNI) leading the charge. Concurrently, dymension (DYM) and helium (HNT) saw significant declines over the same period. FLR and UNI Lead Gains in a Diverse Week for Cryptos, Despite...
Ethereum Technical Analysis: Upper Resistance Tussle Puts Bulls on Pause
26.2.2024
Ethereum’s price movement on Feb. 26, 2024, showcases a strong uptrend despite recent market volatility. With the second leading crypto asset’s price hovering around $3,064, it reflects a significant surge over the past month. At press time, market oscillators and moving averages...
Bitcoin Technical Analysis: Oscillators and Moving Averages Paint a Complex Picture
26.2.2024
Amid shifting market sentiments, bitcoin’s market activity on Feb. 26, 2024, demonstrates both consolidation and fluctuation. Within the intraday, bitcoin’s value oscillated between $50,926 and $51,917, highlighting the persistent unpredictability of the crypto economy while...
Ether, Mantle Lead Crypto Majors as Bitcoin Traders See Prices Correcting to $48K
26.2.2024
“Without a bounce from here, we could see a deeper correction begin, potentially as low as $47,000-$49,000,” one trader said
Pantera Capital Predicts ‘Strong’ Crypto Bull Market Over Next 18-24 Months
25.2.2024
American hedge fund Pantera Capital has predicted “a strong bull market” for cryptocurrencies over the next 18-24 months. “With the halving expected to occur in late April 2024, we believe the convergence of these positive things will provide strong tailwinds for the next bull...
Microstrategy Chairman Says Bitcoin Is Superior to Other Asset Classes — Expects Capital to Keep Flowing Into BTC
25.2.2024
Microstrategy’s executive chairman, Michael Saylor, sees bitcoin as “the strongest asset.” He believes that capital is going to keep flowing from other asset classes, such as gold and real estate, into bitcoin because the cryptocurrency is “technically superior to those...
Weekly NFT Sales Rise 17% With Bitcoin Climbing Back to Second in Volume
24.2.2024
Based on the most recent international standings and weekly figures, sales of non-fungible tokens (NFTs) have surged by 17.66% in the past week, amassing slightly more than $306 million in sales. This uptick marks a jump from last week’s 16.8% rise in NFT sales, with the leading blockchains...
Bitcoin Technical Analysis: BTC Price Oscillation Reflects Crossroads and Market Indecision
23.2.2024
Bitcoin’s value on Friday added another page to its unfolding story, registering just under $51,000, showing a modest decline from its 24-hour peak of $51,965 down to a trough of $50,877. Despite this dip, bitcoin’s 24-hour trading volume remains at $25.07 billion, highlighting...
Max Keiser Warns of Government Seizing Bitcoin in ETFs — Predicts 1987-Style Crash as BTC Rises to $500K
23.2.2024
Bitcoin proponent Max Keiser has warned of potential government seizure of bitcoin held in spot exchange-traded funds (ETFs). He additionally issued a stark warning about a looming 1987-style crash, while simultaneously predicting that the bitcoin’s price will surge past $500,000....
Fundstrat’s Tom Lee Anticipates Bitcoin Hitting $150K This Year — Calls BTC ‘Sound Money’
22.2.2024
Fundstrat’s head of research, Tom Lee, has doubled down on his $150,000 bitcoin price prediction, stating that the crypto could reach that price level this year. He cited three key reasons driving his bullish price forecast. Describing bitcoin as “sound money,” he emphasized...
Bitcoin Technical Analysis: Oscillators and Averages Point to a Market at Crossroads
21.2.2024
As bitcoin navigates through the volatile waves of the crypto market, its price on Feb. 21, 2024, reflects a complex interplay of market dynamics. Oscillating between $50,820 and $52,902 within a 24-hour frame, the leading digital currency continues to showcase significant trading activity. With...