One Ethereum rival to turn $100 into $1,000 in 2025 Vinicius Barbosa Cryptocurrency Oct 5, 2024 Share Ethereum (ETH) has grown to be the most competitive Bitcoin (BTC) rival, allowing for programmable money and smart contracts. After that, other cryptocurrencies surged as Ethereum rivals, challenging its dominance with advanced technologies fostering innovation, scalability, decentralization, and […]
A CryptoQuant analyst using the pseudonym “tugbachain” has recently shed light on a key trend within the Bitcoin market. Posting on the CryptoQuant QuickTake platform, the analyst focused on the Market Value to Realized Value (MVRV) ratio, an important metric in the Bitcoin market. According to tugbachain, the MVRV ratio shows a historical downward trend. […]
The active Layer-1 blockchains by social interaction include Bitcoin ($BTC), Solana ($SOL), and Ethereum ($ETH). The latest stats in Phoenix Group, a crypto analytical platform, show that Bitcoin ($BTC) has scored an impressive 171.1K engage posts within 24 hrs, with more than 101.5M interactions. TOP #LAYER1 PROJECTS BY SOCIAL ACTIVITY$BTC $SOL $ETH $TON $ADA $SUI […]
The crypto market tumbled significantly as geopolitical tensions escalated after Iran launched missile strikes on Israel. Bitcoin, for one, dropped below $60,500 before staging a modest recovery. Despite this, demand from United States-based investors remains high, according to recent findings. Such a trend could provide Bitcoin with a respite from the bears. US Investor Demand […]
Bitcoin (BTC) price faces uncertainty as market trends and macroeconomic factors clash. Strong job growth could prompt the Federal Reserve to cut interest rates, potentially benefiting Bitcoin by increasing liquidity. However, recent exchange flows show a balance between outflows and inflows, signaling no clear price direction yet. BTC needs to break resistance around $63,000 to […]
Bitcoin price movement continues to attract attention as recent trends in the Coinbase Premium Index point to potential short-term bullish momentum. Specifically, the Coinbase Premium Index has broken above its 168-hour moving average, with the 24-hour average approaching a golden cross, a strong indicator of upward price movement. The Coinbase Premium Index, which tracks the […]
Though bitcoin rallied Friday after a stronger-than-expected jobs report, industry watchers said geopolitical uncertainties could temper economic optimism in the coming weeks. Crypto investors sometimes refer to October as “Uptober” due to the gains bitcoin has historically seen during the month. BTC gains in October have averaged roughly 20% since the asset’s inception, noted 21Shares […]
Sell signal: Ethereum long-term investors offload massive ETH positions Vinicius Barbosa Cryptocurrency Oct 4, 2024 Share Some Ethereum (ETH) high-conviction investors have been signaling pessimism about the project’s future by offloading relevant long-term positions. Overall, two accounts have recently sold more than 45,000 ETH, worth approximately $110 million at current prices. In crypto, we can […]
The last 12 hours have been absolutely wild in the crypto space, as major U.S. television network HBO announced the imminent launch of a new series, “Money Electric: The Bitcoin Story.” However, the cause of the hype was not the program itself, but the claim that the real identity of Satoshi Nakamoto – the pseudonymous […]
Short squeeze alert for two highly shorted cryptocurrencies Vinicius Barbosa Cryptocurrency Oct 4, 2024 Share As October started, the cryptocurrency market faced a significant crash, increasing the bearish sentiment and attracting highly capitalized short-sellers. Some cryptocurrencies now risk suffering a short squeeze as imbalances appear in the market’s open interest, dominated by short positions. In […]