On Fridays early morning, the crypto market experienced a setback due to escalating crisis news in the Middle East. Consequently, Bitcoin‘s (BTC) value decreased from $60,000 to $59,000 for the initial time in weeks. Recently, Bitcoin (BTC) has bounced back slightly and is now trading above $64,000. However, this uptick hasn’t been enough to make … Read more
The day before Bitcoin‘s expected halving in 2024, its price experienced notable selling pressure due to heightened geopolitical tensions. Within the past 24 hours, Bitcoin’s price dipped below $60,000 but rebounded, currently trading at a 5.39% increase, with a price of $64,510 and a market capitalization of $1.270 trillion. Amid the fear, uncertainty, and doubt … Read more
Anthony Scaramucci, Skybridge Capital’s founder and managing partner, recently predicted in an interview that Bitcoin‘s price might soar to $200,000 after its upcoming halving event. This forecast was made amidst crypto markets’ volatility and heightened by geopolitical conflicts and economic instability. Bitcoin Poised To Hit $200,000 At the interview, Scaramucci shared his perspectives on what … Read more
The cryptocurrency community is buzzing about Toncoin from the TON network, as its Total Value Locked (TVL) has reached an astounding $148 million, setting a significant record. According to DefiLlama’s recent reports, this figure represents a nearly threefold increase within the past month and an impressive tenfold growth over the last year. As of now, … Read more
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