The cryptocurrency market is still at a very high risk level, CryptoQuant analysts warned, even after a recent drop in Bitcoin prices. According to analysts, the market still hasn’t moved into a high-conviction re-accumulation phase.Underlying this risk are a number of powerful forces. Two important factors to consider are short-term...
Fartcoin became an unlikely frontrunner in the burgeoning cryptocurrency market, soaring despite a sector-wide crash. The token quickly proved its doubters wrong, outperforming incumbents and bursting into the top 100 cryptocurrencies by market capitalization. This surprising combustor has generated considerable interest among investors and analysts alike. They are indeed discussing...
The total cryptocurrency market capitalisation has increased by 13 per cent in the last week alone. This big jump suggests that the 2023 market may be bouncing back. Bitcoin is now working hard to stay above the $85,000 mark, even as the total mkt cap approaches the $2.7 trillion mark....
XRP now stands out as the biggest altcoin contender that could receive the greenlight ahead of others for a spot exchange-traded fund (ETF) approval by U.S. regulators. Optimism is soaring amid an incredible 30% price rally following last week’s outflow. On top of that, U.S. trading volumes are on the...
Bitcoin’s price has surged past $85,000 in early trading. The upswing is being fueled by rising U.S. stock futures and a drop in 10-year Treasury yields. This resurgence comes on the heels of market uncertainty caused by threatened tariffs. Recent news indicates that the market may be leveling out. Bitcoin...
Bitcoin, Solana, XRP, and Dogecoin are all pioneering their own unique journeys in the turbulent world of cryptocurrency. As Bitcoin still maintains its play at the top, Solana is stretching the limits of blockchain capabilities. XRP’s still facing complicated legal tests, and Dogecoin is still twirling to the beat of...
According to Jason Pizzino, Bitcoin’s profit potential is shrinking the higher the price rises. He argues that, as Bitcoin’s market cap has increased, the expected returns are getting “pretty finite” potentially spelling trouble in the long-term for the cryptocurrency.After reaching a low point in this cycle—in the form of $15,500...
Moments ago, Bitcoin was showing some truly bullish signs. One of the most important metrics, the driving force behind trends we witnessed when the crypto bottomed out during Q3 2024, The Long-Term Holder (LTH) Realized Cap, a measure of the cost basis for investors holding Bitcoin for 155 days or...
Due to the good news, XRP is having a nice rally, trading at about $2.14 after a 4% jump in the past 24 hours. Over the last six months, it has almost tripled in value, propped up by bullish technical indicators and favorable regulatory news. With the formation of an...
Dogecoin started in 2013, as a light-hearted joke about the “Doge” meme. Since then, it’s taken off to become a powerhouse in the cryptocurrency space. Dogecoin recently has a market cap over $24 billion. It accounts for over 50% of the entire meme coin market, furthering its status as the...