Bitcoin Price Hope: Mt. Gox Delays Repayment Plan Until October 2025
In a development that could offer relief for Bitcoin (BTC) and the broader crypto ecosystem, Mt. Gox, the defunct cryptocurrency exchange that was hacked in 2014, has announced a significant delay in its repayment plan for affected creditors. Originally set for October 31, 2024, the new deadline for repayments has been pushed to October 31,…
Solana (SOL) Could Regain Steam: Is a Fresh Rally Ahead?
Solana tested the $135 support and recently corrected losses. SOL price is rising and might gain bullish momentum if it clears the $144 resistance. SOL price is attempting a fresh increase from the $135 zone against the US Dollar. The price is now trading below $145 and the 100-hourly simple moving average. There was a…
XRP Price Teases Fresh Gains: Is a Strong Move Ahead?
XRP price is moving higher from the $0.5220 support. The price could gain bullish momentum if it clears the $0.5360 and $0.5450 resistance levels. XRP price is slowly moving higher above the $0.5320 support. The price is now trading above $0.5340 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming…
Bitcoin Price Encounters Resistance: Will It Clear The Hurdles?
Bitcoin price extended losses and traded below the $60,000 zone. BTC is now attempting a recovery wave and facing hurdles near $60,800. Bitcoin is struggling to start a fresh increase above the $61,200 zone. The price is trading below $61,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming…
‘Cardano Isn’t Dying’: Charles Hoskinson Defends Project Amid ADA Price Criticism
Cardano founder Charles Hoskinson took X to defend the project from its detractors, arguing that the network has continued to grow and thrive despite the criticism. As ADA’s price falls 2.9%, some analysts warn of the next key level to watch out for. Charles Hoskinson Defends Cardano On Thursday, Charles Hoskinson addressed the adverse response…
Ethereum Price Targets a Comeback: Will the Bounce Last?
Ethereum price extended losses and tested the $2,320 support. ETH is now correcting losses and might aim for a fresh increase above the $2,420 resistance. Ethereum remained in a bearish zone and traded below the $2,360 zone. The price is trading below $2,420 and the 100-hourly Simple Moving Average. There is a connecting bearish trend…
Bitcoin On The Brink: Will $60K Hold Or Is A Major Correction Coming?
After briefly rising above $63,000 in recent days, renewing investor’s hope on “uptober,” Bitcoin has once again dampened this excitement by decreasing to as low as the $60,000 region today. This unappealing performance has led to a CryptoQuant analyst, Aytekin, raising and sharing insight on an important question: “Is it reasonable to expect a final…
Bitcoin Facing Potential Capitulation Amid On-Chain Liquidity Squeeze, Analyst Says
According to a crypto analyst, Bitcoin (BTC) may be heading towards a capitulation due to tightening on-chain liquidity. However, this capitulation could be followed by a “full bull” market. Bitcoin Headed Lower Before Higher In a detailed thread on X about BTC price analysis, crypto analyst Cole Garner stated that capitulation might be on the…
Bitcoin Price Flashes Fractal Similar To October 2023, Here’s What Happened Last Time
Crypto analyst TradingShot recently revealed that the Bitcoin price is forming a similar fractal pattern to the one that happened in October 2023. This is bullish for the flagship crypto, considering what happened last year when the fractal pattern formed. Bitcoin Prices Flashes Fractal Similar To October 2023 TradingShot mentioned in a Bitcoin price currently…
Uniswap Rallies In Bearish Conditions, Can UNI Break New Grounds?
Uniswap is making a surprising move, rallying in the face of bearish market conditions, and showing signs of resilience despite the downward pressure seen across the crypto space. As bullish sentiment begins to build, market participants are now focused on whether UNI can maintain this upward momentum and break new ground. As UNI continues to…