Market Signals Point To Caution: Bitcoin’s 3-Day Chart Shows Potential Sell Alert
Bitcoin (BTC), the market’s leading cryptocurrency, has officially entered a new downtrend phase following a period of consolidation around the mid-$90,000 levels. After reaching an all-time high of $109,000 in January, Bitcoin has now seen a significant drop of 7%, bringing its current price to approximately $87,400. This decline raises concerns about the sustainability of…
Bitcoin Faces Internal and External Pressure—Is a Rally Still Possible?
Bitcoin’s price has faced a dramatic downturn, falling below $90,000 and reaching as low as $87,000 levels today. This steep decline places the cryptocurrency further away from its January all-time high of over $109,000. The sharp sell-off comes amid both internal and external challenges, leaving investors uncertain about what lies ahead. While the market struggles…
$200 Million In Crypto Longs Wiped Out As Altcoins Crash To Start Week
Data shows that the cryptocurrency derivatives sector has seen a high amount of liquidation during the past day as Ethereum and other altcoins plunged. Altcoins Have Just Witnessed Massive Long Liquidations According to data from Liquidation” here refers to the forceful closure that any open contract undergoes after it has accumulated losses of a certain…
Is Toncoin Building a Foundation for a Long-Term Comeback? Analyst Weighs In
Toncoin (TON) continues to face a challenging market environment, struggling to reverse its recent downward trajectory. Trading below the $4 mark, the asset’s price performance over the past weeks has remained largely in the red. Amid these conditions, CryptoQuant contributor Darkfost has shed light on some underlying trends, highlighting that long-term investors are still seeing…
Against The Tide: SEI Climbs 16% As Market Wobbles Post Bybit Hack
The cryptocurrency token SEI has actually stood out as a noteworthy example of market endurance, which was further confirmed by this token posting a solid 16% within the previous week. Obviously, the token’s performance came on the back of a gloomy mood in the cryptocurrency markets after the Bybit security breach and what came thereafter…
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…
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,…
Bitcoin’s Make-or-Break Moment: What’s Holding Back the Next Big Rally?
Bitcoin’s price has gradually increased, climbing from $96,000 to nearly $97,000 as of today. Although still shy of the coveted $100,000 mark, the leading cryptocurrency shows signs of resilience. This recovery is unfolding against the backdrop of mixed market signals, prompting analysts to weigh the potential for continued bullish momentum versus the risk of a…
10x Dogecoin: The ‘Secret Window’ You Need To Know, According To This Analyst
Once more drawing attention in the crypto scene, Dogecoin (DOGE) has market researcher XforceGlobal speculating that the joke coin still has 10 times potential for a price increase. This optimistic forecast has attracted interest as investors consider whether DOGE may provide large returns in the face of continuous market swings. Historical Performance And Cyclical Patterns…
World Liberty Financial WLFI Token Sales Surge: Less Than 1 Billion Tokens Remain
World Liberty Financial (WLFI), a forthcoming cryptocurrency platform endorsed by President Donald Trump and his sons, has reported a significant uptick in the sale of its governance tokens. After a slow initial rollout approximately four months ago, Bloomberg reports that the platform has sold over 24 billion of its WLFI tokens, representing more than 96%…