XRP adds $1 billion after Elon Musk mentions the token Mijuško Šibalić Cryptocurrency Oct 21, 2024 Share On Sunday, October 20, billionaire Elon Musk hosted a town hall meeting in support of Republican presidential candidate Donald Trump in Pittsburgh, Pennsylvania. Musk’s extraordinary ability to attract publicity was on full display — the event marked the […]
Bitcoin Sees Multi-Month High as 320K+ Addresses Prove Strong Support
The premier crypto asset, Bitcoin, consolidates near its past peak, as data shows over 320K active addresses engaged within the current range. Bitcoin began the week on a strong note, reaching a multi-month peak of $69,500, though it fell short of hitting the crucial $70,000 mark. The cryptocurrency is now trading 7.37% below its all-time […]
Meme coin hunter turns $296 into $620,000 in 4 hours
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 Threshold Of The Critical Level Of $70,000! Will There Be A Breakout? Here Are Analysts’ Views
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 […]
Surprise Elon Musk Endorsement Suddenly Sends Bitcoin And Crypto Prices Higher
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 2020—Could the Same Altcoin Rally Happen Again?
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 […]
Bitcoin Price Soars – Above $69,000 Seen – What is the Latest Data?
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 […]
Analyst explains why not short Bitcoin right now
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
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 […]
Bitcoin Holding 57.6% Dominance as ApeCoin Sees $5.53M in Liquidations
As of October 20, 2024, the cryptocurrency market continues to show mixed movements across various coins, with Bitcoin (BTC) maintaining a solid dominance and certain altcoins experiencing notable volatility. Here’s a breakdown of key statistics and events from the day, along with insights into market sentiment and liquidations. Daily Summary on October 20, 2024$APE $JUP […]