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Bitcoin Long-Term Holders Have 163K More BTC to Sell, History Indicates: Van Straten
26.11.2024
Long-term investors have sold almost 550,000 BTC, almost 4% of their holdings.Last week, one-day profit-taking touched a record high in dollar terms, more than $10.5 billion. The percentage drop from long-term holders continues to fall each cycle
Ethereum Blob Usage Explodes as Traders Rush to Layer 2 Solutions
26.11.2024
Ethereum has seen a surge in blob usage, averaging over 21,000 blobs this month, matching March's record activity.The Dencun upgrade allows Layer 2 solutions to efficiently bundle transactions and post them to Ethereum.Blob fees spiked, leading to the burning of over 166 ETH worth $560,000 in...
XRP Holds Strong as Archax Unveils Tokenized Money Market Fund on XRP Ledger
26.11.2024
Archax has provided access to Abrdn’s U.S. dollar Liquidity Fund (Lux) in tokenized form on XRPL.Ripple will allocate $5 million into tokens on Abrdn’s Lux fund, part of a larger allocation to real-world assets (RWAs) on the XRPL.XRP price jumped 6%, touching a high of $1.49 in the hours following...
Three Reasons Why Bitcoin Risks Falling Below $90K: Godbole
26.11.2024
BTC traders purchase protective put options in response to Monday's 5% decline.The Coinbase premium indicator highlights a decline in demand for Bitcoin in the U.S. market.The daily chart reveals a bearish RSI divergence, signaling potential weakness in price momentum
Bitcoin Slides Near $94K, But Short-Term Bullish Target of $100K BTC Unchanged
26.11.2024
A bitcoin-led crypto market correction continued into its third day as the asset lost a further 3.5% in the past 24 hours.However, bitcoin tends to bounce back when short-term holders sell at a loss. And some say this creates a buying opportunity for traders at current levels.It's a ride that some...
Bitcoin analysts call recent $93K dip the ‘last flush’ before the rush
26.11.2024
Crypto market analysts remain confident that Bitcoin will hit six figures before the end of the year despite the recent 7% correction.
Ether Favored in Crypto Rotation as Bitcoin Recoils Off $100K Sell Wall
25.11.2024
ETH advanced 4% during the day, outperforming BTC's 1.5% loss and slight gains of the broader market benchmark CoinDesk 20 Index.The ETH/BTC ratio hit its weakest level in three years last week, but has rebounded since and is poised for more gains, observers noted.Bitcoin is likely to move sideways...
Dogecoin futures open interest hits all-time high — Is it a top signal for DOGE?
25.11.2024
The DOGE price top could be in, despite constant endorsements from Elon Musk and the general outperformance from most memecoins
Price analysis 11/25: SPX, DXY, BTC, ETH, SOL, BNB, XRP, DOGE, ADA, AVAX
25.11.2024
Bitcoin’s failure to cross above $100,000 could extend the current price pullback. The real question is whether or not bulls will buy the dip
Bitcoin Correction Looms as Analyst Predicts Drop to $85,600 Without $100K Breakthrough
25.11.2024
Bitcoin’s (BTC) recent rally faces a potential setback, with an analyst warning of a significant correction unless the cryptocurrency surpasses the critical $100,000 resistance level. TD Sequential Signals Correction On Nov. 12, 2024, an X trader known as Ali flagged a bearish pattern...
Bitcoin Buying Plans Are Supercharging Stocks. Is This a Michael Saylor Redux — or Another 'Long Island Iced Tea' Fad?
25.11.2024
Following MicroStrategy's successful bitcoin buying strategy, many companies, some microcaps and unrelated to crypto, started announcing similar steps.The strategy has led to significant short-term share price rallies for some of these companies, but according to market observers, the long-term...
Mudslinging Sullies Prediction Markets Just as Sector's Prospects Brighten
25.11.2024
Kalshi paid social media influencers to talk trash about its rival Polymarket's founder, Shayne Coplan, an incendiary article in Pirate Wires revealed.Someone apparently decided to launch a retaliatory smear campaign against Kalshi. (Polymarket denies any involvement.)All of this is happening just...
CoinDesk 20 Performance Update: XLM Surges 47.7% as Index Rises Over 100 Points
25.11.2024
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The CoinDesk 20 is currently trading at 3382.04, up 3.2% (+104.5) since 4 pm ET on Friday.
Seventeen of 20 assets are trading higher.Leaders: XLM (+47.7%) and...
Bitcoin Technical Analysis: Oscillators Indicate Neutral Momentum
25.11.2024
As of Nov. 25, 2024, the price of bitcoin (BTC) has traded between $97,076 and $97,547 within the past hour, displaying a strong bullish trajectory across multiple timeframes. Technical indicators suggest a mixture of neutral momentum and buy signals, highlighting the potential for further growth...
First Mover Americas: Bitcoin Regains $98K After Weekend Slump
25.11.2024
Bitcoin returns to $98,000.Crypto futures saw $500 million in liquidations amid volatility.Brokers raise price targets for MicroStrategy
Solana DEX volume hits record high: Is SOL price headed to $300?
25.11.2024
Solana’s monthly DEX volume surpasses $100 billion for the first time, fueled by high network activity and the memecoin frenzy
Bitcoin Options Worth $9B Expire Friday, Traders May be Thankful for the Post-Thanksgiving Volatility
25.11.2024
November's expiry is due Friday at 08:00 UTC, with $9.4 billion in options expiry for bitcoin.Bitcoin's max pain price is $78,000, significantly lower than the current spot price. The majority of the put open interest represent hedging activity and not outright downside bets: European Head...
MicroStrategy Is a Bitcoin Magnet Pulling in the Earth's Capital Reserves: Bernstein
25.11.2024
Bernstein raised its MicroStrategy price target to $600 from $290.Broker Canaccord also increased its price target for the software company, to $510 from $300.The shares rose over 6% in early trading Monday
Crypto Gets Shock Video Dose as Users Stream 'NSFW' Content to Pump Their Memecoins
25.11.2024
Early 2000s-style internet shock videos are making the rounds on a popular crypto platform, with such content including extreme acts like individuals engaging in self-harm, animal cruelty, and explicit sexual content to attract attention and potentially increase token value.Despite the platform's...
Crypto Gets Shock Video Dose as Users Stream 'NSFW' Content to Pump Their Memecoins
25.11.2024
Early 2000s-style internet shock videos are making the rounds on a popular crypto platform, with such content including extreme acts like individuals engaging in self-harm, animal cruelty, and explicit sexual content to attract attention and potentially increase token value.Despite the platform's...