Meme coin hunter turns $296 into $620,000 in 4 hours Paul L. Cryptocurrency Oct 21, 2024 Share A cryptocurrency trader, whose trading pattern mirrored hunting for meme coins, finally struck a jackpot after recording a 2,090-fold return on a single transaction. Details of the trade indicate that the trader had an initial investment of $296 […]
Bitcoin is on the verge of breaking the $70,000 barrier as investors closely monitor the US presidential elections in two weeks. Bitcoin Nears $70,000 as US Presidential Election Approaches “The $70,000 mark represents a key psychological resistance point that lines up closely with Bitcoin’s all-time high set above $73,700 in March this year,” said Min […]
Bitcoin Bitcoin and cryptocurrencies have surged higher, boosted by fears swirling over out-of-control government spending and former U.S. president Donald Trump’s crypto bombshell. The bitcoin price has come within touching distance of $70,000 per bitcoin, putting it just marginally behind its all-time high of $73,000 it reached earlier this year on the back of BlackRock’s […]
Bitcoin’s dominance spiked 14% in 18 days during 2020, drawing liquidity from altcoins. Historical patterns suggest a potential decrease in Bitcoin dominance could trigger another altcoin rally. Investors are cautiously watching for signs of Bitcoin liquidity shifting, which could signal the start of a new altcoin season. Season of many new alt coins could be […]
The world’s largest cryptocurrency, Bitcoin, has surpassed the psychological limit of $69,000, according to the latest data. At the moment of writing this article, BTC is trading at $69,142 and there is only a 5% difference left to break the all-time high price level record. On the other hand, we see an attack on the […]
Bitcoin’s (BTC) price volatility can offer both long and short opportunities for traders speculating on different time frames. However, an analyst navigated through the BTC price chart, explaining why shorting Bitcoin is not a good idea right now. In a video uploaded on October 18, CrypNuevo first analyzed Bitcoin in a high (HTF) and low […]
Analyst explains why not short Bitcoin right now Vinicius Barbosa Cryptocurrency Oct 20, 2024 Share Bitcoin’s (BTC) price volatility can offer both long and short opportunities for traders speculating on different time frames. However, an analyst navigated through the BTC price chart, explaining why shorting Bitcoin is not a good idea right now. In a […]
As of October 20, 2024, the cryptocurrency market continues to show mixed movements across various coins, with Bitcoin (BTC) maintaining a solid dominance and certain altcoins experiencing notable volatility. Here’s a breakdown of key statistics and events from the day, along with insights into market sentiment and liquidations. Daily Summary on October 20, 2024$APE $JUP […]
Could USDT’s $120 billion market cap trigger the next bull rally? Aneena Alex Cryptocurrency Oct 20, 2024 Share Tether USD (USDT), the largest stablecoin by market capitalization, has reached a significant milestone, surpassing the $120 billion mark. This growth in circulating supply is often viewed as a precursor to a potential bull rally in the […]
Trader turns $3K into $9M while other loses $43,500 out of FOMO Vinicius Barbosa Cryptocurrency Oct 20, 2024 Share The market will have losers and winners in the speculative trading game, with capital outflowing from the former to the latter. Usually, the winning group is made of a smart trader’s minority, leveraging some sort of […]