Day: November 14, 2024

Is Another Rally in Sight?

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Bitcoin price extended gains above $90,000. BTC is now consolidating gains near $90,000 and might attempt another increase in the near term. Bitcoin extended its increase and traded above the $92,000 zone. The price is trading above $87,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $87,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise if it stays above the $85,400 zone. Bitcoin Price Sets Another ATH Bitcoin price started…

Peter Brandt Spots Dogecoin-Bitcoin Chart Similarities: Is a Big DOGE Move Brewing?

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Veteran trader Peter Brandt sees dogecoin mirroring bitcoin’s 2016 price pattern, signaling a potential rally as technical indicators align and Elon Musk’s influence boosts investor sentiment. Peter Brandt Identifies Dogecoin’s 2016 Bitcoin-Like Pattern, Expects Rally Veteran trader and chartist Peter Brandt took to social media platform X on Wednesday to highlight a potential parallel between […] Original

Crypto-critic Sen. Warren named ranking Dem on Banking Committee

Blockchain naysayer Elizabeth Warren has effectively replaced outgoing Senator Sherrod Brown as the ranking Democrat on the Senate Banking Committee, a key panel for crypto regulation. Brown’s 17 years in Congress ended this November as crypto-receptive Bernie Moreno clinched Ohio’s Senatorial seat, joining scores of U.S. political candidates supported by blockchain industry donations. Senator Brown often criticized cryptocurrencies for supposedly aiding sanctions evasion and funding terrorism. The digital asset skeptic urged strict laws and oversight from policymakers and federal agencies. Warren’s statement on Nov. 13 confirmed she assumed Brown’s chair…

Bitcoin Boom: Expert Eyes $500K BTC, Declares $1M ‘Absolutely’ Within Reach

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Bitwise’s Matt Hougan predicts $500,000 as bitcoin’s maturity threshold, with $1 million “absolutely” possible as BTC rises to compete with gold. Bitwise’s $500K Target for Bitcoin — Why $1M ‘Absolutely’ Could Follow Matt Hougan, chief investment officer at Bitwise Asset Management, shared his perspective on bitcoin‘s trajectory in a blog post on Tuesday, arguing that […] Original

Bitcoin Expected To Hit $100,000 Before 2025, According To Kalshi Data

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Este artículo también está disponible en español. Bitcoin (BTC) has hit new highs in recent days, with many users of crypto betting site Kalshi predicting that the largest cryptocurrency on the market could hit the $100,000 milestone before the end of 2024.  According to recent data from the event contract market, 60% of users believe Bitcoin will hit this milestone before January, while 45% are betting it could achieve this level as early as November. Analyst Predicts Six-Figure Bitcoin Prices By Year-End Kalshi, which launched in 2021, allows users to…

Chainlink Whales Waking Up – Data Shows Signs Of Accumulation

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Este artículo también está disponible en español. Chainlink (LINK) has seen a whirlwind of price activity, surging 50% before experiencing a sharp 15% retracement within 10 days. This volatility showcases the potential and unpredictability surrounding LINK’s recent price action, drawing attention from analysts and investors alike.  According to crypto analyst Ali Martinez, there’s a notable trend unfolding beneath the surface: Chainlink whales have been steadily accumulating LINK over the past two months. This accumulation by large holders suggests a growing conviction in LINK’s long-term value, reinforcing a bullish outlook for…