Analysts Say Bitcoin Will Break $90,000 In Q4 2024 But This Must Happen First

Posted on by — No Comments ↓

Predictions for the Bitcoin price have been all over the place, especially when it comes to whether the cryptocurrency can hit a new all-time high after the crash. While bearish sentiments remain strong, there are still analysts who believe that bullish times are on the way for the pioneer cryptocurrency. Bernstein analysts have fallen into… Continue reading Analysts Say Bitcoin Will Break $90,000 In Q4 2024 But This Must Happen First→

Ethereum Sees Massive Outflows from Derivatives: What Does This Mean For ETH?

Posted on by — No Comments ↓

Ethereum, the second-largest cryptocurrency by market capitalization, has been experiencing noteworthy movements in its derivatives markets. Particularly, according to a recent analysis by a CryptoQuant analyst known as ‘Heisenberg,’ the netflow of Ethereum on derivative exchanges has seen a significant negative shift, exceeding 40,000 ETH. Ethereum Derivative Market Outflow: What It Means For ETH Heisenberg… Continue reading Ethereum Sees Massive Outflows from Derivatives: What Does This Mean For ETH?→

Cardano Foundation Reports Massive Growth In These Key Metrics – ADA Price Soars 3%

Posted on by — No Comments ↓

In August, the Cardano (ADA) ecosystem experienced significant growth across several key metrics, coinciding with the anticipated Chang upgrade, which was successfully implemented on September 1. Despite the bearish market sentiment that affected ADA’s price during this period, the Cardano Foundation reported increased investor activity and blockchain usage. August Highlights In a recent social media… Continue reading Cardano Foundation Reports Massive Growth In These Key Metrics – ADA Price Soars 3%→

Bitcoin Price Could Face Challenges With 0.50% Fed Rate Cut, Warns 10X Research

Posted on by — No Comments ↓

A 50 basis points (bps) interest rate cut by the US Federal Reserve (Fed) starting this month might adversely affect Bitcoin (BTC) price, 10x Research cautions. 50 BPS Rate Cut Could Spook The Market After it had started hiking interest rates back in March 2022 to contain rampant inflation due to COVID-related supply chain bottlenecks… Continue reading Bitcoin Price Could Face Challenges With 0.50% Fed Rate Cut, Warns 10X Research→

Ethereum Bullish Signal: Adoption Hits Four-Month High Rate

Posted on by — No Comments ↓

On-chain data shows the Ethereum adoption rate has hit a four-month high, which could be bullish for the cryptocurrency’s price. Ethereum Network Growth Has Shot Up Recently According to data from the on-chain analytics firm new addresses appearing on the network daily. Naturally, an address is considered to have been used when it made its… Continue reading Ethereum Bullish Signal: Adoption Hits Four-Month High Rate→

Analyst Predicts $4,000 Mid-Term Target for Ethereum, Declares End to ETH Correction

Posted on by — No Comments ↓

Ethereum (ETH) has been struggling with a significant downturn recently, leaving the asset deep in the red. Over the past week, Ethereum has recorded a 9.2% decline in value, reflecting broader market weakness. However, the past 24 hours have brought a slight change in momentum, with ETH seeing a 3.2% increase in price. Though this… Continue reading Analyst Predicts $4,000 Mid-Term Target for Ethereum, Declares End to ETH Correction→

Solana Price (SOL) Shows Strength: Is a Return to $150 Possible?

Posted on by — No Comments ↓

Solana started a recovery wave from the $120 zone. SOL price is rising and might aim for a move toward the $150 resistance level. SOL price started a recovery wave above the $125 level against the US Dollar. The price is now trading above $128 and the 100-hourly simple moving average. There is a connecting… Continue reading Solana Price (SOL) Shows Strength: Is a Return to $150 Possible?→

Crypto Investor Loses $16 Million Amid Friend.tech’s Controversy And Token Crash

Posted on by — No Comments ↓

Crypto social media platform Friend.tech faced backlash after a controversial decision by its team. The platform’s native token, FRIEND, plummeted over 42%, reaching its all-time low (ATL) price amid the controversy. As a result, an Ethereum (ETH) whale saw its investment in the token drop by over 95%. Friend.tech Loses Investors’ Trust Over the weekend,… Continue reading Crypto Investor Loses $16 Million Amid Friend.tech’s Controversy And Token Crash→

XRP Price Targets $0.550 Breakout For A Potential Rally

Posted on by — No Comments ↓

XRP price started a recovery wave above the $0.5320 level. The price could gain pace if it clears the $0.5480 and $0.550 resistance levels. XRP price is aiming for a move above the $0.550 resistance zone. The price is now trading above $0.5320 and the 100-hourly Simple Moving Average. There is a connecting bullish trend… Continue reading XRP Price Targets $0.550 Breakout For A Potential Rally→

Ethereum Price Recovers Higher But Lacks Bullish Drive To Test $2,500

Posted on by — No Comments ↓

Ethereum price is attempting a recovery wave above $2,320. ETH might struggle to gain pace for a move toward the $2,500 resistance zone. Ethereum is attempting a recovery wave above the $2,250 zone. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support… Continue reading Ethereum Price Recovers Higher But Lacks Bullish Drive To Test $2,500→