Tag Archives: crypto

Major Bitcoin Addresses See 5% Holding Boost – What’s Driving The Accumulation?

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Recent data illustrates the interesting trend in Bitcoin ownership, where addresses that hold between 100 and 1,000 BTC control approximately 20.3% of the circulating supply. This would amount to a total of about 4.01 million BTC, which is a considerable surge of 5% compared to the 3.82 million BTC it had just six months ago.… Continue reading Major Bitcoin Addresses See 5% Holding Boost – What’s Driving The Accumulation?→

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

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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?

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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%

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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

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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→

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

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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→

Michael Saylor Predicts Bitcoin Will Hit $13 Million, Reveals Expected Date

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Michael Saylor, co-founder and Executive Chairman of the business intelligence firm MicroStrategy and a well-known Bitcoin advocate, recently reiterated his bullish stance on the leading cryptocurrency during an exclusive interview with CNBC on Monday. Saylor’s Bitcoin Price Forecast Saylor, recognized for steering his company towards significant BTC investments to capitalize on its continuous growth, projected… Continue reading Michael Saylor Predicts Bitcoin Will Hit $13 Million, Reveals Expected Date→

Vitalik Buterin Withdraws 760 ETH As Market Turmoil Strikes Ethereum

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Ethereum co-founder Vitalik Buterin has been in the news of late with his 760 ETH withdrawal–a move that raised eyebrows as speculations about what such external wallet transactions by him could do to the Ethereum market. Transactions are part of a broader trend that has seen wallets associated with Buterin and the Ethereum Foundation actively… Continue reading Vitalik Buterin Withdraws 760 ETH As Market Turmoil Strikes Ethereum→

Crypto Research Firm Identifies Why The Bitcoin Price Could Crash To $45,000

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10x Research, a digital asset research platform for traders and institutions, has unveiled a foreboding forecast for the price of Bitcoin (BTC). Highlighting current market conditions and Bitcoin’s recent price dynamics, the research firm projects a massive price crash to $45,000 soon. Bitcoin $45,000 Price Crash Incoming 10x Research has released a report outlining several market… Continue reading Crypto Research Firm Identifies Why The Bitcoin Price Could Crash To $45,000→

Bitcoin Support Retests Reflect September 2023 Patterns: Is Another Bull Run Coming?

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Bitcoin has faced significant price fluctuations marked by a notable crash on August 5 that saw its value dip to $49,000. This was followed by a rebound to approximately $65,000, only to experience another decline to around $52,000 last Friday.  Despite these challenges, the largest cryptocurrency by market capitalization is undergoing crucial support retests, reminiscent… Continue reading Bitcoin Support Retests Reflect September 2023 Patterns: Is Another Bull Run Coming?→