Bitcoin Slips Below $100K: Is The Rally Losing Steam?
Bitcoin price started another decline below the $105,000 zone. BTC is down nearly 5% and attempting a close below the $100,000 support zone. Bitcoin started a fresh decline from the $108,000 resistance zone. The price is trading below $104,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with…
XRP Will Create Millionaires, Analyst Declares In Wealth Projection
Ripple’s digital asset is gaining traction in December 2024, generating a stir in the cryptocurrency market. XRP, the third-largest cryptocurrency by market capitalization, recently surpassed Tether (USDT). Analysts and investors alike are growing excited about the possibility for XRP holders to become among the wealthiest investors in the foreseeable future, as indicated by the recent…
Secret Bitcoin Driver: Exchanges Receiving $40 Million USDT Fuel Per Day
On-chain data shows a massive amount of the stablecoin USDT has been moving to exchanges recently, potentially acting as fuel for the Bitcoin and wider cryptocurrency rally. USDT Exchange Inflows Have Remained High Recently In a new Exchange Flow Balance” here refers to an indicator that keeps track of the net amount of a given…
Why XRP Is A Long-Term Gem, According To A Wealth Guru
A notable financial expert and wealth mentor, Linda Jones, has explained why XRP is a good long-term investment. In her video “Why Do I Hold XRP?”, she underlines the cryptocurrency’s potential to change finance. Many investors are watching XRP as a crypto market challenger due to Ripple’s progress and institutional involvement. Ripple Institutional Adoption Expanding…
Solana Poised For Growth In 2025 With Record $173 Million Q3 Funding—Report
According to Messari’s most recent analysis, Solana (SOL) is primed for explosive expansion in 2025, fueled by major funding, technological improvements, and growing institutional interest. The study indicates that in the third quarter of 2024 Solana’s ecosystem funding reached $173 million, the highest level since mid-2022. This money flow shows a strong conviction in Solana’s…
Bitcoin Price Corrects, Yet Support Zones Keep Bulls in Play
Bitcoin price started another increase above the $106,000 resistance zone. BTC traded to a new all-time high above $108,000 and is currently correcting gains. Bitcoin started a fresh surge above the $106,000 zone. The price is trading above $105,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend…
Bitwise Exec Reveals His Personal Top 3 Crypto Predictions For 2025
In a post on X dated December 17, 2024, Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, shared his personal top three predictions for the crypto sector in 2025. His insights come at a time when the crypto market has experienced significant growth, and after Bitwise released its annual top 10 crypto predictions…
Solana Struggles Against Bitcoin & Ethereum: Glassnode Explains Why
The on-chain analytics firm Glassnode has revealed the reason why Solana (SOL) has recently been lagging behind Bitcoin (BTC) and Ethereum (ETH). Solana Realized Cap Growth Has Slowed Down Recently In a new post on X, Glassnode has discussed about how the recent performance of Solana has stacked up against the two largest coins in…
Bitcoin’s Price Momentum Shifts As Spot Market Outpaces Futures – Here’s What It Means
Bitcoin has continued its upward trajectory as recent market trends highlight a shift in investor behaviour. According to data shared by CryptoQuant analyst Avocado Onchain, spot market demand has emerged as a significant driving force behind Bitcoin’s ongoing price increases. This trend indicates growing buying pressure from long-term investors, as speculative activity in the futures…
Bitcoin Miners Now In Selling Mode For A Year: Should You Be Concerned?
On-chain data shows that Bitcoin miners have been selling for around a year now. Here’s how much they have sold so far. Bitcoin Miners Have Shed Over 4% Of Their Holdings In Past Year As pointed out by CryptoQuant community analyst Maartunn in a new miner reserve,” which keeps track of the total amount of…