Bitcoin Price: Forecast, History, Chart and Target
BTC has been trapped in a bullish flag that might result in a $100K target in the near future if a breakout and close is witnessed.BTC price has gained over 5.48% in the last 1 month.Key on-chain metrics, fundamentals and favorable technicals show a bullish momentum and with a bullish breakout potent soon. This king Crypto is on the verge of breaking out of a bullish flag pattern and kick-starting a massive bull run to over $100K. This breakout might result in a 51% price surge in the near futu
According to the latest report by CCData, the cryptocurrency market has seen a significant growth so far in 2024. The spot trading volume on centralized exchanges grew by 145% to $10.6 trillion during the first half of 2024. This growth demonstrates the resilience of this sub-sector driven by the resurgence in Bitcoin’s price following the approval of spot Bitcoin ETFs in the United States. “This increase was mostly fuelled by Q1 2024, with March spot volumes recording an all-time high of $2.9t
Bitcoin Price Prediction: BTC is Sealed in Downtrend – Find Out Why
Bitcoin price is stuck in a tight range, stretching from $60,000 to $63,755 over the last week. Any attempts at recovery have been curtailed by stiff resistance on the upside. Several technical and onchain indicators show that the Bitcoin price may have hit a local top, threatening further losses for the big crypto. “It appears we are in a period of consolidation, and many analysts believe this is beneficial for a sustained bull run,” declared crypto firm Swan in a July 2 post on X. Analysts at
As of July 03, 2024, Ethereum (ETH) is trading at US$3,357.3, experiencing a 1.71% decline over the past 24 hours and a 1.05% drop over the last seven days. Despite these short-term decreases, Ethereum maintains a robust market capitalization of US$404.33 billion, with a significant trading volume of US$10.83 billion.
Technical Indicators Relative Strength Index (RSI) Current RSI: 37.73 The RSI, a momentum oscillator that measures the speed and change of Ethereum price movements, indicates tha
Bitcoin Price Struggles Below $69K but a “Bullish Megaphone” Could Take BTC to $180K
A potential escape of Bitcoin from a bullish megaphone technical formation could mark the beginning of the big crypto’s uptrend toward a “target of $180,000,” according to a crypto analyst. A megaphone pattern, also known as a broadening wedge, is a chart pattern that indicates market volatility and uncertainty. It’s characterized by two diverging trend lines that form a widening range over time, with higher highs and lower lows that resemble the shape of a megaphone or cone. A bullish breakout
Uniswap UNI Falls 16%, Yet Signals Strong Market Resilience and Growth
Uniswap’s recent price movements have stirred the crypto market, leading to a notable fluctuation in its native token, UNI. Over the past 24 hours, Uniswap has experienced a notable decline of 16.81%, reflecting a considerable sell-off in the market. Despite the price drop, Uniswap maintains its strong fundamentals, with a live market cap of USD 6,313,931,036 and a circulating supply of 598,187,016 UNI coins. However, the significant trading volume of USD 1,000,386,611 underscores ongoing market
Crypto Market Sees Notable Upticks Amidst Cautious Optimism
In the last 24-hour period, the crypto market has been marked by cautious optimism, with the total cryptocurrency market cap increasing to $1.99 trillion, a 0.96% rise. Bitcoin, the leading cryptocurrency, experienced a growth of 1.21%, reaching a price of $51,669, while Ethereum also showed resilience with a 0.8% increase, trading at $2955.
Bitcoin Continues Above $51K Amidst Market Fluctuations Bitcoin continues to assert its dominance in the cryptocurrency market, with a current market share
Stacks (STX) price rallies 460% in 90 days – What’s behind the rally?
The Stacks price was trading at $2.54 as of 1:00 am ET, down 3% over the last 24 hours. STX has increased by 460% since October and has been up 85% over the last 30 days, according to data from CoinMarketCap. STX trading volume has also increased by 2,600% over the last three months to $437.6 million on Feb. 22. The impressive performance displayed by Stacks has left many wondering what is driving the uptrend. Bitcoin’s performance drives STX price uptrend STX is the native token of the Bitcoin
Role of Crypto Insurance in Mitigating Risk for Investors
How Cryptocurrency Insurance mitigates risk for investors Digital assets, often known as cryptocurrency, are increasingly becoming widely accepted as a means of payment and investment. These assets’ decentralized and unpredictable characteristics do, however, also come with a special set of hazards. In light of exchanges being frequent targets of scams resulting in substantial financial losses, securing money has become an immediate and crucial necessity. Crypto insurance is crucial for anybody
Ripple’s XRP token witnessed a notable decline today, dipping below the crucial $0.55 mark.Recent developments in the lawsuit between the Securities and Exchange Commission (SEC) and Ripple, combined with a fresh legal challenge by the LEJILEX crypto exchange and the Crypto Freedom Alliance of Texas (CFAT), have introduced new uncertainties and opportunities within the crypto market. Ripple vs. SEC and LEJILEX Exchange Lawsuit The primary factor influencing XRP’s recent price movement is the esc
Unlocking Opportunities: Top Crypto Airdrops to Invest in February 2024 Cryptocurrency enthusiasts and investors are constantly on the lookout for new avenues to expand their portfolios and capitalize on emerging trends in the digital asset space. One such avenue that has gained traction in recent years is crypto airdrops – the distribution of free tokens to users as a promotional strategy by blockchain projects. As we venture into February 2024, here are some of the top crypto airdrops worth co
Binance: Six Crypto Pairs Removed for Compliance and Market Evolution Binance, the leading cryptocurrency exchange, recently announced its decision to remove six Crypto pairs from the platform. This move comes amidst ongoing consolidation within the crypto space, signaling a shift toward greater regulatory compliance and enhanced investor protection. Let’s examine the reasons behind Binance’s decision and analyze the implications of this action for the broader cryptocurrency ecosystem. Backgroun
Fixed Float, a decentralized crypto exchange specialized in cryptocurrency mixing services, lost over $26 million in Bitcoin (BTC) and Ethereum (ETH). The incident came to light following a crypto hack, resulting in loss of $26 million worth of BTC and ETH. Immediately, the hacker began to send away the stolen ethereum crypto, taking away much of the assets from the platform. Crypto theft on Fixed Float took away 409 BTC and 1728 ETH. The worth of the whole theft was $21.17 million (BTC) and $4
Bitcoin Holds $52k As Ethereum Aims For $3,000, Solana Up 3.5%, WLD And FET Soar 41% And 9.2%
Crypto Market News: The cryptocurrency prices continue to soar as the bullish momentum in Bitcoin sustains. The biggest smart contract and DeFi asst, Ethereum (ETH) is also on its way to hitting $3,000 after more than two years amid a major network upgrade scheduled for next month. The altcoin markets are also enjoying massive inflows, with AI coins taking the lead once again. Worldcoin (WLD) has been up 41% in the past 24 hours amid growing hype around the video-generating AI model Sora. Simila
Rise of AI-Backed Stablecoins: How Stable Are They?
Navigating Stability: The Rise of AI-Backed Stablecoins in the Crypto Landscape Stablecoins, designed to minimize the volatility inherent in cryptocurrencies, have witnessed a new wave of innovation with the emergence of AI-backed stablecoins. These digital assets leverage artificial intelligence algorithms to maintain stability, but questions linger about their reliability. In this article, we delve into the rise of AI-backed stablecoins, exploring their mechanisms, benefits, and the critical q
DeFi Analytics: Tools and Platforms for Monitoring and Analysis
Decoding DeFi: Navigating the World of Decentralized Finance with Analytics Tools and Platforms The decentralized finance (DeFi) space has witnessed unprecedented growth, offering a new paradigm for financial services. With the surge in DeFi projects, the need for robust analytics tools and platforms has become crucial for users, investors, and developers. This article explores the landscape of DeFi analytics, highlighting essential tools and platforms that empower stakeholders to monitor and an
Here are the top cryptocurrencies for trading in February 2024 and boost your investment portfolio! In 2024, the world of cryptocurrency trading continues to captivate investors with its potential for high returns. As the market evolves, certain cryptocurrencies have emerged as promising options for traders. From the well-established Bitcoin and Ethereum to the innovative altcoins like Solana and Cardano, the landscape is diverse and dynamic. Let’s explore the top promising cryptocurrencies for
Empowering creativity: A step-by-step guide to crafting your own NFTs in 2024 In 2024, the creation of Non-Fungible Tokens (NFTs) has evolved into more than just owning a digital token; it signifies owning a piece of the future. For creators, especially musicians pouring their passion into every note, the NFT development space becomes a personal record label, revolutionizing how they get paid and connect with fans. This article explores the magic of NFTs, the reasons to create them in 2024, and
10 Affordable Cryptocurrencies for Investment in India
Affordable cryptocurrencies: Exploring investment opportunities in India’s digital economy In recent years, the world of cryptocurrencies has exploded with innovation and opportunities for investment. As India, like many other countries, embraces the digital economy, more investors are looking for affordable yet promising cryptocurrencies to add to their portfolios. Whether you’re a seasoned investor or just dipping your toes into the crypto market, here are 10 affordable cryptocurrencies in Ind
Crypto Price Today: Bitcoin Holds Ground at $52k; VET Up 23%
Crypto Price Today: Bitcoin steadfastly holding its ground at $52,000 while VET experiences surge of 23% Crypto Price Today: In the ever-evolving world of cryptocurrencies, the latest trends and fluctuations in prices can have a significant impact on investors and enthusiasts alike. Today’s crypto landscape paints an intriguing picture, with Bitcoin steadfastly holding its ground at $52,000 while VET experiences a remarkable surge of 23%. Let’s delve into the details of these developments and wh