In the midst of cryptocurrency market volatility, Bitcoin‘s price climbed by 1.7% over the last 24 hours, reaching just above $62,000. According to CryptoQuant, a well-known crypto analysis firm, Bitcoin might experience a notable drop in price down to $52,000 if certain critical resistance levels are breached. A warning is issued as Bitcoin derivatives traders … Read more
In Q1 2024, Ethereum (ETH) experienced a remarkable price surge of almost 100%, leading to significant gains. Beyond the price increase, Ethereum’s blockchain produced impressive earnings, amounting to approximately $369 million. This unanticipated profitability has sparked curiosity about how a blockchain network like Ethereum can become profitable. Ethereum Revenue Potential According to Token Terminal’s latest … Read more
According to on-chain information, a particular pattern indicated by Chainlink’s on-chain data has historically resulted in an approximate 50% price surge for LINK. Chainlink 30-Day MVRV Ratio Has Plunged Analyst Ali shared insights on X’s newest post about Chainlink’s recent trend in the 30-day MVRV ratio. The “Market Value to Realized Value (MVRV) ratio” is … Read more
Bitcoin‘s price has taken an unexpected dip prior to the Halving, defying experts’ assumptions. This unforeseen trend demonstrates Bitcoin’s unpredictable nature, as it often goes against anticipated price movements, effectively carving out its own course on the charts. Bitcoin Breaking The Mold Based on Bitcoin’s unpredictability, particularly in the last several months since the green … Read more
Bitcoin miners have historically offloaded their newly mined coins during each halving event. Now that another halving is approaching, we’re wondering if miner behavior will be the same this time around. Next Bitcoin Halving Is Less Than Two Days Away Now An analyst at CryptoQuant examined how Bitcoin miners acted prior to the upcoming Halving … Read more
The price of Bitcoin is indicating a downward trend as it hovers beneath the significant resistance level at $63,000. In order to prevent a significant drop, Bitcoin needs to maintain its position above the critical support level at $60,000. Bitcoin is still struggling to start a recovery wave above the $63,000 resistance zone. The price … Read more
The cost of Ethereum remains stable around the $3,000 mark for now. If the bulls manage to surpass the $3,100 resistance, Ethereum may begin a sustained upward trend. Ethereum is still struggling to recover above the $3,100 resistance zone. The price is trading below $3,100 and the 100-hourly Simple Moving Average. There is a key … Read more
“The BNB price is trying to rise again from around $515. If it manages to surpass the $572 hurdle, the price may pick up more strength and move upward.” BNB price started a fresh increase after it found support near the $515 zone. The price is now trading below $555 and the 100 simple moving … Read more
Crypto expert Trend Rider has highlighted to Cardano (ADA) investors that the cryptocurrency may witness a substantial price increase in the near future. According to Trend Rider’s assessment, the value of Cardano could reach up to $3 during this upward trend. Cardano To Rise To $3 If History Repeats Itself According to a post on … Read more
Notable tech companies, including Microsoft, Brevan Howard, and SK Telecom, have teamed up with Aptos Labs, the innovator behind the Aptos (APT) blockchain, to create a new decentralized finance (DeFi) system based on the Aptos L1 platform. Aptos Labs Unveils Aptos Ascend On Thursdays announcement, Aptos Labs unveiled their new project, Aptos Ascend. This innovative … Read more