In the wake of the recent launch of a Bitcoin ETF, the Ethereum price has been performing well. However, an unsettling development has come to light that threatens to disrupt the price movement. Celsius Network, the now-bankrupt crypto lender, has commenced its reimbursement plan to creditors, as evidenced by the movement of its ETH holdings
Bitcoin
Cryptocurrency intelligence firm ChainArgos recently conducted a detailed analysis that sheds light on concerning allegations surrounding the Polygon team’s involvement in secret sales of MATIC tokens, potentially leading to a suppression of the token’s price. By closely examining the token allocations and subsequent flows to various exchanges, ChainArgos uncovered irregularities that raise questions about the
Traders in the crypto realm are eagerly watching Chainlink (LINK) as it consolidates near the $16 mark, signaling a potential breakout towards $17 or even $20 in the coming week. This price coiling behavior between $13.00 and $17.00 since November aligns with classic market cycle patterns that present lucrative opportunities for knowledgeable traders. The current
In the world of digital currencies, Ethereum has recently staged a remarkable coup, outshining its longtime rival Bitcoin. Over the span of just two weeks, Ethereum has surged by an impressive 14%, capturing the attention of investors and enthusiasts. This surge has propelled Ethereum’s price above a key psychological barrier, as it surpassed $2,600 for
The US Securities and Exchange Commission (SEC) made a momentous decision on Wednesday, January 10, by approving the launch of spot Bitcoin ETFs. This marks a significant milestone in US trading history and has paved the way for increased institutional demand for Bitcoin. In just the first two days of trading, these investment funds have
In a recent analysis by crypto analyst Ali Martinez, he highlighted the potential for Solana (SOL) to continue its impressive performance from 2023. Martinez pointed out that SOL was breaking out from a bull flag on the 4-hour chart, suggesting a possible rally towards the $150 to $165 price range if there was a sustained
The price of Bitcoin has been soaring recently, thanks to the approval and launch of Spot Bitcoin ETFs. However, Jason Pizzino, a renowned crypto analyst, warns that this bullish momentum might come to a temporary halt. Pizzino predicts a significant price drop for Bitcoin due to its proximity to a crucial resistance point. In a
The price of Shiba Inu (SHIB) has been facing a continuous downtrend since the beginning of the month. It has fallen as much as 20% from the yearly open, reaching a low point of $0.000008735 on January 8th. Although there has been a recovery of 15% since then, with SHIB currently trading at $0.000009763, the
The approval of the Bitcoin spot ETF in the United States has made a significant impact on the cryptocurrency market, resulting in a surge in prices. Among the altcoins experiencing a remarkable rally, Ethereum Classic (ETC) stands out as a prominent leader. After a prolonged period of stagnation at around $20, Ethereum Classic has skyrocketed
Cryptocurrency enthusiasts are buzzing with excitement over a bold prediction made by Samson Mow, a prominent figure in the crypto world. Mow, known for his role as the former CSO at Blockstream, has set the stage for a colossal price surge in Bitcoin, which he calls the “Omega Candle.” According to Mow, this surge will
With the recent approval of Spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC), the focus of crypto investors has now shifted to the possibility of XRP ETFs. Steve McClurg, the Chief Investment Officer (CIO) for Valkyrie, believes that altcoins like Ethereum and Ripple’s XRP might be the next in line to
Dogecoin (DOGE), the popular meme coin, has garnered the attention of crypto analysts, who are closely monitoring its price movement. In this article, we will analyze the potential price levels that could signify profitable opportunities for investors. While considering the insights provided by crypto analysts Skew and Jaydee, as well as the bullish narrative shared
The recent approval of 11 spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC) has sent shockwaves through the cryptocurrency and Bitcoin market. This groundbreaking development signifies a significant milestone in the maturation of the industry, with the potential to attract a broader range of investors and pave the way for further
Prominent analysts in the crypto space have observed signs of a bullish breakout for Ethereum, the second-largest cryptocurrency by market capitalization. According to World Of Charts, Ethereum is currently showing consolidation within a bullish pennant pattern. This technical formation typically suggests a continuation of the upward trend for Ethereum. The analyst predicts that if Ethereum
The US Securities and Exchange Commission (SEC) is currently evaluating the approval of Spot Bitcoin exchange-traded funds (ETFs). This decision has significant implications for the cryptocurrency market and the future of institutional investment in digital assets. Meanwhile, the Depository Trust and Clearing Corporation (DTCC) has listed the Spot ETF tickers from VanEck and WisdomTree on
The cryptocurrency market is known for its volatility and ever-changing trends. To navigate this complex space, investors often turn to technical analysis indicators such as the Relative Strength Index (RSI) to gauge the momentum of different assets. Santiment, an analytics firm, has recently shared insights into altcoins that are currently exhibiting bullish and bearish divergences
Cryptocurrency analyst and advocate Scott Melker recently made bold projections regarding a massive inflow into Bitcoin following the approval of a BTC Spot Exchange-Traded Fund (ETF). However, several crypto analysts have voiced their disagreement and criticized Melker’s inflated projections. Melker suggested that $570 billion could potentially be invested in a Bitcoin ETF, which would represent
Ethereum, the king of altcoins, has been gaining significant support from its largest holders, commonly known as whales. These influential players in the cryptocurrency market have been on a relentless buying spree, driving the price of Ethereum to new heights. The increasing accumulation of ETH by these whales hints at their confidence in the future
The crypto industry has been witnessing significant advancements in Layer-2 (L2) scaling solutions, and one platform that has been making waves is Arbitrum. Since the launch of its native token, ARB, in March 2023, Arbitrum has been on an impressive upward trajectory. The protocol’s recent surge in value, along with its surpassing of Ethereum (ETH)
Solana co-founder Anatoly Yakovenko is confident that their blockchain can meet the increasing demand for decentralized applications (dapps) without the need for layer-2 solutions, unlike Ethereum. In a recent post, Yakovenko emphasized Solana’s design, which utilizes a hybrid consensus mechanism, enabling it to scale efficiently without relying on additional layers. According to Yakovenko, the goal
The Shiba Inu Layer 2 Shibarium network has demonstrated impressive resilience and recovery after the holiday season. This time around, the layer 2 network is celebrating a major milestone, crossing a total of 250 million transactions processed since its launch last year. The recent surge in transactions comes following a decline at the start of
Cryptocurrency enthusiasts have witnessed a significant decline in prices over the past day, with XRP being one of the worst affected. The value of XRP has plummeted by 10%, causing a seismic shift reminiscent of the drastic market volatility experienced in August of the previous year. The rapid decline in price has led to a
The price of Solana (SOL) has been on a staggering rise, increasing by 722% year-to-date. This growth has not only attracted attention but also posed challenges for the network. Along with the surge in value of the native token, the use of Solana-based meme coins like Bonk Inu (BONK) has skyrocketed by over 854% this
Crypto financial services platform Matrixport has recently stirred up a frenzy in the crypto community with the release of two conflicting articles on January 2nd, each offering contradictory projections about the future of Bitcoin (BTC). These articles generated mixed sentiments among investors and triggered a wave of controversies. This critical analysis aims to dissect and
In a shocking turn of events, the cryptocurrency market experienced a massive selloff today, wiping out nearly $200 billion in value. The driving force behind this sudden plunge was the rumor of impending Bitcoin ETF denials by the SEC. As Bitcoin prices started to plummet around 6AM, altcoins followed suit, experiencing drops of 20 to
Cardano (ADA) has experienced a remarkable climb, surpassing 150% in 2023. This surge in price coincides with significant growth in the Cardano ecosystem, particularly in the leading Decentralized Exchange (DEX) Minswap, which has seen a staggering 26,000% gain and attracted a substantial influx of new users. Currently trading at $0.61, ADA is showing positive signals
One of the recurring discussions surrounding Ripple’s XRP buybacks is whether the company should be focused on distributing the cryptocurrency instead of purchasing more. This question was raised by a community member known as Crypto Mark. The argument is that Ripple should own less XRP rather than increasing its holdings. However, Mr. Huber, an esteemed