Dogecoin Jumps Over 16% In The Last Week — More Gains To Come?
Dogecoin (DOGE), initially a mere meme, is demonstrating significant market strength once more. On October 16, 2024, the prominent cryptocurrency surged by 16% in the weekly frame, to the delight of investors. The price surge is accompanied by a substantial rise in trading volume, which has increased by 90% in the last 24 hours, as…
Analyst Says This Bitcoin Price Rally Has A ‘Different Ring To It’, Places Next Target At $109,000
A new Bitcoin price target has been set at $109,000, with an analyst predicting that the pioneer cryptocurrency could surge to this projected level before the end of the year. This bullish forecast comes as Bitcoin experiences new momentum that has pushed its price well above $67,000. New Bitcoin Target Set At $109,000 A Bitcoin…
New Grayscale ETF Aims To Include Major Cryptos: Bitcoin, Ether, Solana, And XRP
Crypto asset manager Grayscale is in the process of converting its Grayscale Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF), according to Bloomberg ETF expert Eric Balchunas. The strategic move aims to provide investors with a diversified portfolio that includes major digital assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP and…
Why This Crypto Asset Is Bitwise CIO’s Best Contrarian Bet Right Now
In an Sui, and Aptos dominate headlines, Hougan positions Ethereum as a “contrarian bet” that may offer significant returns for investors willing to look beyond current market sentiments. Why Ethereum Is The Best “Contrarian Bet” Hougan acknowledged Ethereum’s unique position within the crypto market. He describes Ethereum as “the asset that people love to hate;…
WLFI Token Launch, Backed By Trump, Falls Flat On $300 Million Fundraising Target
The anticipated launch of the Donald Trump World Liberty Financial (WLFI) token has globally faced challenges in raising the expected $300 million. Thus, the fundraising activities have been described as a total failure within two days after it was launched on 15 October since WLFI has raised only around $11 million accounting for only 4%…
Ethereum Whales Are Quietly Accumulating—Is A Major Price Breakout Coming?
As Ethereum continues to trail behind Bitcoin’s ongoing recovery in price, it seems the second-largest cryptocurrency by market cap is experiencing some positive developments in the background. According to recent data from IntoTheBlock, large Ethereum holders, often called whales, have been actively accumulating Ethereum over the past month. The Quiet Accumulation Of ETH From Whales…
Bitcoin Dominance Hits New Cycle High Of 58.9%, More Pain Before Altcoin Season?
As Bitcoin (BTC) inches closer to $70,000, its dominance in the wider crypto market has risen to a cycle high of 58.9%. Bitcoin Dominance Rises, Are Altcoins In Trouble? Bitcoin dominance (BTC.D), a metric that measures the proportion of the total cryptocurrency market cap commanded by the leading digital asset, has hit a new cycle…
Analyst Forecasts Bitcoin Could Surge 250%, Yet Warns Of Potential Drop To $10,000
As the week progressed, the Bitcoin (BTC) price steadily climbed toward its all-time high of $73,700 in March of this year. This upward momentum is in line with the predictions of various market experts, expecting significant gains for the leading cryptocurrency by the end of the year. One such expert, crypto analyst Gert van Lagen,…
Bitcoin Sees Massive Surge In Active Addresses: Here’s What It Signals For Price
Bitcoin has been experiencing a notable increase in network activity, as indicated by a surge in active addresses. Data shows that the cryptocurrency has seen a resurgence in user engagement following a sluggish performance during July and August since the start of September. With this uptick in activity, it is worth assessing Bitcoin to see what…
SUI Price Hits All-Time High – But Questions About Valuation Remain
SUI has lately attracted a lot of interest and peaked in its development. It finished the week at its all-time high price of $2.30 and ranked higher than top altcoins such as Polkadot (DOT), therefore ranking itself among the top 15 cryptocurrencies. Among those who support SUI, this achievement has inspired hope since they believe…