Crypto CEO Calls Start Of The Altcoin Season With A Caveat
According to CryptoQuant’s data, the long-awaited altcoin season may have officially arrived. The CEO of the crypto market company, Ki Young Ju, has pointed out a significant surge in altcoin volume on Centralised Exchanges (CEXs). CryptoQuant CEO Says Altcoin Season Has Begun Presenting a detailed price chart of the volume ratio of Bitcoin versus altcoins…
LINK Price Action Turns Cautious As Bearish Pennant Shapes Up
Chainlink (LINK) is flashing bearish signals as it forms a pennant pattern, hinting at a potential continuation of its downward trajectory. After struggling to gain bullish momentum, the price remains in consolidation, with sellers keeping a tight grip on the market. If this pattern plays out, LINK could be at risk of a steep drop,…
Ethereum Price Prediction: Extremely Strong Support And Monthly 55 EMA Says ETH Is Headed For $4,867
Ethereum has yet to return to its all-time high for over three years, a stark contrast to Bitcoin, which has surged past many price levels in the current cycle. Despite being the second-largest cryptocurrency, Ethereum has struggled to keep up with the broader market even during price rallies. However, a new technical outlook suggests that…
Bitcoin Blasts Past $98,000: Is $100K Next, Or A Trap?
Bitcoin has soared past the $98,000 on Thursday, fueling intense debate among traders over whether the $100K milestone is again within reach or if the current rally is vulnerable to a swift correction. Behind the scenes, market observers point to surging open interest (OI) and increased leverage, spotlighting the possibility of a leverage-driven push. Bitcoin…
Coinbase CEO’s Hot Take: Bitcoin Is Basically A ‘Meme Coin’
Brian Armstrong, the CEO of Coinbase, has recently made an audacious statement regarding Bitcoin that has caused quite a stir in the crypto industry. He recently proposed that Bitcoin could be regarded as “somewhat of a meme coin,” which sparked a debate among enthusiasts, analysts, and investors. The Power Of Collective Belief Like meme currencies,…
North Korean Lazarus Group Identified As Culprit In Bybit’s Historic $1.5 Billion Hack
In a significant blow to the cryptocurrency industry, Bybit, one of the leading crypto exchanges, has confirmed a major security breach involving its Ethereum cold wallet. The incident, reported on Friday by Bitcoinist, marks one of the largest cryptocurrency hacks in history, with losses estimated at over $1.5 billion. Bybit Hack Linked To North Korea’s…
Dogecoin Road To ATHs: Why $0.28 Is The Next Major Milestone For A Breakout
Crypto analyst Dima Potts has provided insights into the current Dogecoin price action. In his analysis, Potts highlighted the $0.28 price level as being the next major milestone for DOGE as it eyes a breakout on its way to a new all-time high (ATH). Why $0.28 Is The Next Major Milestone For Dogecoin’s Road To…
Panic Or Opportunity? Dogecoin Whales Liquidate 100 Million Coins
The crypto market is paying attention to a massive Dogecoin (DOGE) transaction. A whale transferred 100 million DOGE, or about $25.42 million, to Binance. The move has raised questions about whether a sell-off is about to happen or if this is just another typical shift in holdings. Whale Activity Sparks Concerns When a major cryptocurrency…
Is It Time To Buy XRP? TD Sequential Says Yes
A cryptocurrency analyst has pointed out how the Tom Demark (TD) Sequential has just given a buy signal on the hourly XRP price chart. XRP Has Just Witnessed A Bullish Setup On TD Sequential In a new TD Sequential” here refers to an indicator from technical analysis (TA) that’s used for locating probable points of…
Bitfinex Whale Activity Increases As Bitcoin Approaches $100k—Further Surge Ahead?
Following a lackluster performance in recent weeks, Bitcoin appears to be seeing a steady recovery with its price now approaching the $100,000 price mark. Particularly, so far, BTC has managed to regain some of the losses shedded in recent weeks with its price now hovering above $98,000, marking a 2.6% increase in the past 7…