Month: September 2024

Analysts Who Correctly Predicted Bitcoin March ATH Forecasts What Happens Next

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Este artículo también está disponible en español. 10xResearch analysts who had correctly predicted the Bitcoin price run-up to a new all-time high earlier in the year have turned bullish once again. In a recent report by 10xResearch Head of Research, Markus Thielen, the analysts point out a number of factors that have seen the BTC price turn bullish. Just like before, this is a development that could lead to a run-up to a new all-time high for the Bitcoin price, something that could mark the beginning of another bull market.…

Is Rollblock the crypto to lead the 2025 bull run? XRP & SOL

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With Q4 bullish and a halving year, Rollblock’s strong presale positions it as a contender against XRP and Solana for big returns. Q4 is typically bullish for the crypto market, and with this being a halving year, many are optimistic that the bull run will quickly gain momentum. Bitcoin always leads, but if this quarter is the start, then Alt Season will likely kick in by Q1, 2025. Rollblock…

Dogecoin Could Target $0.20 Soon, Analyst Predicts – Is DOGE Primed For A Rally?

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Este artículo también está disponible en español. Dogecoin is trading above $0.12 after a 20% pump over the past two days, reigniting investor enthusiasm. The meme coin had been struggling to break past the $0.11 mark, leaving investors frustrated as other cryptocurrencies surged.  The recent breakout has lifted sentiment, with Dogecoin now eyeing higher targets. Analysts believe that this momentum could lead to further gains as DOGE successfully clears key resistance levels. Related Reading One prominent analyst has even set a bullish target of $0.20 in the coming weeks, suggesting…

Bitcoin ETFs hit $1b weekly inflows: A FOMO-driven rally?

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Liquidity flowing into spot Bitcoin exchange-traded funds, or ETFs, surpassed $1 billion this week as analysts anticipate a new all-time high for the top cryptocurrency over the next three months. For the first time since July, weekly inflows into spot Bitcoin ETFs surpassed the billion-dollar mark, reaching $1.11 billion. This pushed the total cumulative net inflows across the 12 offerings to $18.8 billion, marking a new all-time high, per SoSoValue data. Notably, most of the inflows — $494.27 million — were recorded on Sept. 27, led by ARK 21Shares’ ARKB,…

Crypto Veteran Says Decentralized AI Reduces Bias and Manipulation Risks

Albert Castellana, co-founder and CEO of Yeager.ai, believes artificial intelligence (AI) can propel blockchain-based applications beyond simple, static contracts. AI integration unlocks “much more subjective decision-making,” opening doors to entirely new use cases, he argues in written responses to Cryptox.trade News questions. Risks Associated With Centralized AI Models Castellana said he envisions developers creating applications […] Source CryptoX Portal

Bitcoin Breaks $66,000, But Analyst Warns Against Fresh Longs—Here’s Why

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Bitcoin has shown bullish momentum during the past day, but an analyst has pointed out how the asset may be in a high-risk zone now due to the Open Interest trend. Bitcoin Open Interest Has Seen A Rapid Increase Recently As explained by CryptoQuant community manager Maartunn in a new post on X, the Bitcoin Open Interest has just surged to high levels. The “Open Interest” is an indicator that keeps track of the total amount of BTC-related positions currently open on all derivatives exchanges. When the value of this…

GameFi investment is surging: Blockchain becomes a staple in every title

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Web3 gaming has received a lot of skepticism over the past few years. However, the industry has undergone substantial changes in the developer’s approach to gameplay mechanics, reward models, and inclusivity factors. The result? We’re seeing GameFi emerge stronger than ever.  It’s not just a theoretical observation but rather a statistical one. In the second quarter of 2024, blockchain gaming projects received a remarkable $1.1 billion investment—a…

Cryptocurrency Purchases Soar in Brazil: $12.37 Billion Spent YTD

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According to data from the Central Bank of Brazil, purchases of cryptocurrency made abroad have soared this year, surpassing the numbers registered in 2023. These purchases, considered imports, have reached $12.37 billion year-to-date, exceeding the total crypto purchases of 2023. This indicates that exchanges and trading platforms are preparing to accommodate a large demand for […] Source

Solana Could ‘Go Nuts’ As SOL Price Retests $160 Resistance

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Este artículo también está disponible en español. Solana (SOL) broke above a key resistance level on Friday, fueling the bullish sentiment that reignited over a week ago. As a result, some analysts think the fifth-largest cryptocurrency by market capitalization could be about to see a massive bull run as “Uptober” approaches. Related Reading Solana Retests $160 Resistance Solana’s rally started last week following the market surge driven by the US Federal Reserve’s rate cuts. The jump pushed the cryptocurrency’s price above the $140 resistance level, successfully turning it into support.…