As the first week of October unfolds, the Bitcoin and crypto market is set to witness a whirlwind of events that could shape the future price trajectory. This includes the launch of Ethereum futures ETFs, the anticipation of a bullish October (now colloquially termed “Uptober”), and the highly anticipated US employment report for September. Historically, […]
Bitcoin (BTC) surged past the $28,000 benchmark on Monday, its highest peak in over a month. This bullish stride is attributed to a combination of Exchange Traded Fund (ETF) optimism and a seasonal trend that often favors the cryptocurrency market.The altcoin sector also experienced a surge, with Ether (ETH) surpassing $1,700, Binance Coin (BNB) and […]
Ethereum (ETH) has seen a steady climb towards the $1,800 mark, largely fueled by increased whale accumulation in anticipation of the launch of the first-ever Ether Futures ETF. Noteworthy support and resistance levels are determining ETH’s price trajectory in the short-term, while the influx of ETFs is pointing to a bullish outlook for Ethereum.The launch […]
Bitcoin has broken the $28,000 mark, and on-chain data shows that key BTC wallets have been accumulating the cryptocurrency since the start of last month. According to data from the on-chain analytics firm Santiment, the large BTC wallets have bought BTC worth about $1.17 billion. The holders are divided into three groups based on the […]
In the past 24 hours, the crypto market has seen a major shakeup, resulting in $114.92 million in liquidations, mostly in short positions. Major exchanges such as OKX, Binance, and Huobi were the hardest hit. Bitcoin was the main driver of these liquidations, but the tides are turning. After staying below $27,000 for over a […]
Friend.tech, a social application built on top of the Base Layer 2 network, has seen tremendous growth in revenue since its launch on August 10. In less than two months, the platform has reaped about $10,684 in ETH. According to Dune Analytics, the cumulative revenue has exceeded $18.4 million, with sniper bots in the Friend.tech […]
XRP has been reinstated to the TaiFu™ 30 Crypto Index, with a weighted share of 2.756%. This follows a crucial legal ruling in July, dispelling the SEC’s claim of XRP being a security, and leading to its re-listing on major exchanges. The SEC lawsuit in December 2020 had a cataclysmic effect on XRP, leading to […]
As the first week of October begins, the cryptocurrency world is abuzz with events that could have a major impact on the markets. On Monday, October 2, Federal Reserve Chair Jerome Powell and Philadelphia Fed President Patrick Harker will have a round-table discussion that could affect the crypto markets. Later in the week, the high-profile […]
Cardano (ADA) price is currently trading above $0.260, after finding support near the $0.235 zone. The token has broken above a key bearish trendline with resistance near $0.2560 on the daily chart. The Relative Strength Index (RSI) is also rising and approaching the 70 level with no major sign of overbought conditions.Immediate resistance is near […]
Crypto analyst Credible Crypto is warning traders that Bitcoin (BTC) may be about to take off without giving them any more good entry points. He believes that the current market structure is different from 2019, when Bitcoin’s rallies were much faster. Credible Crypto suggests that if Bitcoin is in the beginning of a big move […]
