Analyst Ali Martinez predicts that Bitcoin could first reach $78,000, pull back to $71,500, and then rally to $85,000. Bitcoin soared to unprecedented levels on Wednesday, fueled by former President Donald Trump’s electoral victory over Vice President Kamala Harris. Specifically, the firstborn crypto hit an all-time above $76,000 yesterday. This surge triggered widespread liquidations among […]
Trump victory fuels 40% surge in Dogecoin millionaires
Trump victory fuels 40% surge in Dogecoin millionaires Jordan Major Cryptocurrency Nov 7, 2024 Share Following Donald Trump’s 2024 presidential victory, Dogecoin (DOGE) experienced a significant boost, both in price and in the number of millionaire wallets. According to data retrieved by Finbold Research on November 7 from BitInfoCharts using the Wayback Machine web archive […]
Analytics Firm Reveals Levels of “Liquidity Gap” in Bitcoin Price
In its latest comprehensive analysis titled “Liquidity Trading Profile, Bitcoin’s 4-Year Price Analysis,” crypto research firm Alphractal has offered an in-depth look at Bitcoin’s trading behavior across 11 major exchanges. The study focused on identifying price zones characterized by high trading volume, leverage interest and trading frequency, providing important information for traders and investors. Here […]
Increased demand and heightened volatility signal further upside for Bitcoin – Glassnode
Bitcoin (BTC) soared to a new all-time high on Nov. 6 and is poised for further upside, spurred by significant institutional and retail capital inflows and rising market volatility, according to Glassnode’s latest “Week On-chain” report. The landmark surge comes amid monthly net capital inflows totaling $2.5 billion, lifting Bitcoin’s market Realized Cap — a […]
Will this be Trump’s first action to appease the crypto community?
Will this be Trump’s first action to appease the crypto community? Paul L. Cryptocurrency Nov 6, 2024 Share The cryptocurrency community’s attention is on President-elect Donald Trump and whether he will keep his promises to make the United States a hub for digital asset innovations. Some of Trump’s promises include firing Securities and Exchange Commission […]
Bitcoin Rally Continues: Why the $65K Support Is Key for a $78K Push
Bitcoin is projected to reach $78K, with $65K as a critical support level for continued momentum. Long positions initiated at $53K and $58K show confidence in further gains. Analysts stress the importance of holding $65K to sustain Bitcoin’s upward trend. The latest surge in BTC price has sparked interest among market experts and trading enthusiasts […]
Analyst sets Dogecoin roadmap to $4 amid Elon Musk’s support to Trump
Analyst sets Dogecoin roadmap to $4 amid Elon Musk’s support to Trump Aneena Alex Cryptocurrency Nov 6, 2024 Share Dogecoin (DOGE) surged by 20%, reaching $0.19 on November 6, as markets reacted to news of Donald Trump’s return to the presidency. This sentiment positioned memecoins like Dogecoin as standout performers in the crypto market, with […]
Dormant Bitcoin Millionaire From 2013 Makes Epic Comeback
A strange comeback was captured on-chain today, as a major Bitcoin (BTC) holder came back to life after nearly 12 years of inactivity. As first revealed thanks to a report from Whale Alert, 235 BTC, the equivalent of $17.43 million, came to life for the first time since March 2013. However, their movement may upset […]
Trader turns $18M into $29M betting on Donald Trump’s victory
Trader turns $18M into $29M betting on Donald Trump’s victory Vinicius Barbosa Finance Nov 6, 2024 Share An anonymous trader made $11 million of “pure profit” betting on Donald Trump’s victory on Polymarket, the leading prediction market. On November 6, the Republican candidate consolidated its long-awaited victory against Kamala Harris for the Democrats, settling the […]
Bitcoin predicted to hit $100k by Inauguration Day amid record pre-market equities trading
Bitcoin’s new all-time high of $75,000 following Donald Trump’s 2024 US presidential election win reflects heightened market optimism and anticipation of potential policy shifts favorable to digital assets. According to a report by digital asset custodian Copper.co, Bitcoin’s upward trajectory may continue into the new year. Fadi Aboualfa, Head of Research at Copper.co, said, “We […]