Category: Other Crypto News

Could a Major Drop Be Next?

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Bitcoin price extended losses and traded below the $95,000 zone. BTC is showing bearish signs and might decline heavily below the $92,000 level. Bitcoin started a fresh decline below the $95,000 zone. The price is trading below $94,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $95,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $92,000 support zone. Bitcoin Price Revisits Support Bitcoin price…

Bitcoin’s Key SOPR Metric Holds Steady: Are Long-Term Holders Eyeing Higher Prices?

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Bitcoin has continued to see declining performance in recent days with on-chain metrics offering valuable insights into market behavior. Among these metrics, the Spent Output Profit Ratio (SOPR) for long-term holders has particularly emerged as a critical tool for assessing investor sentiment and market resilience. Long-term holders, defined as investors holding Bitcoin for over 155 days, are often viewed as a stabilizing force in the market. Their selling patterns can significantly influence price trends, making SOPR an indicator worth watching. Long-Term Holder Trends And Market Sentiment Recent analysis from a…

Metaplanet Bitcoin Reserves Grow With Fresh $61 Million Purchase

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Este artículo también está disponible en español. Japan-based early-stage investment firm Metaplanet continues its Bitcoin (BTC) buying spree. The company announced today that it has purchased 619.7 BTC for $61 million – including fees and other expenses – making it the firm’s largest Bitcoin acquisition to date. Metaplanet Increases BTC Holdings To 1,762 The recent crypto market downturn from its all-time highs (ATH) does not appear to bother Metaplanet, as the Tokyo-listed firm made its largest BTC purchase to date, buying 619.7 BTC worth $ 61 million at an average…

Is Ethereum Ready To Break Out? Key Indicators Suggest Strong Market Confidence

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

If History Repeats Dogecoin Has Potential For A Parabolic Rally – Details

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Este artículo también está disponible en español. Dogecoin (DOGE) has faced significant volatility, with the price plunging 45% from its multi-year high of $0.48. Despite the sharp correction, DOGE has managed to hold above the critical $0.30 level, providing hope for a potential rebound. This level now serves as a vital support zone as bulls aim to reclaim momentum. Related Reading Top analyst Ali Martinez has drawn attention to an intriguing comparison on X, highlighting similarities between Dogecoin’s current price behavior and its performance in 2017. According to Martinez, DOGE’s…

Bitcoin Price Flashes Major Buy Signal On The 4-Hour TD Sequential Chart, Where To Enter?

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Este artículo también está disponible en español. A crypto analyst has shared a TD Sequential chart indicating that the Bitcoin price is flashing a major buy signal in the 4-hour time frame. This signal suggests that Bitcoin’s bearish momentum could be waning, making this a potentially critical moment to consider entering the market. Bitcoin Price TD Sequential Flashes Buy Signal A TD Sequential is a unique technical indicator that identifies trend exhaustion and price reversals and indicates buy or sell signals. According to an X (formerly Twitter) post by crypto…

Top 15 Crypto Predictions For 2025 You Need To Know: Expert

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Este artículo también está disponible en español. In a thread on X, Hitesh Malviya, co-founder of DYOR—a free on-chain analytics platform—unveiled his set of crypto predictions for the year 2025. Malviya outlines pivotal trends and shifts expected to shape the crypto landscape. Below are the top 15 predictions that stakeholders and enthusiasts should closely monitor. Top 15 Crypto Predictions For 2025 #1 US Regulation Of the Crypto Market In 2025 Malviya anticipates the formalization of the United States’ regulatory framework for cryptocurrencies by 2025. “The US crypto regulation framework has…

Solana Holds Weekly Support At $180 – Analyst Expects $330 Mid-Term

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Este artículo también está disponible en español. Solana (SOL) is navigating a turbulent period after facing a significant 33% correction from its all-time high at $264, reached in late November. Despite the sharp pullback, Solana demonstrates resilience, offering investors a promising long-term outlook. Related Reading Renowned crypto analyst Carl Runefelt recently shared his insights on X, highlighting a compelling technical setup for SOL. According to Runefelt, Solana has successfully retested a massive triangle pattern on the weekly timeframe. This critical retest suggests that Solana’s price action remains intact and could…

Why The Next Wave Is Bearish And Could Drop To $0.15

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Este artículo también está disponible en español. Crypto analyst Behdark has provided an in-depth analysis of the Dogecoin price roadmap to its current all-time high (ATH) of $0.75. In his analysis, he explains why Dogecoin could still witness a significant correction before it rallies to its current ATH.  Dogecoin Price Next Wave Is Bearish In a TradingView post, Behdark stated that the Dogecoin price seems to be entering wave F, which is a bearish wave. The crypto analyst noted that the previous corrective waves of this diametric lasted between 196…

Can Ethereum Break $3,500 Before End Of ’24? Analyst Weighs In

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Este artículo también está disponible en español. As 2024 nears its conclusion, Ethereum price fluctuations are being closely monitored. The trajectory of the cryptocurrency is critically influenced by key resistance and support levels, as indicated by recent analysis from crypto experts, which suggests a cautiously optimistic outlook. Related Reading Important Price Levels To Monitor Analyzing cryptocurrencies, Justin Bennett emphasized the importance of Ethereum recovering the $3,540 level over the weekly period on December 22. This pricing range is regarded as necessary to show a potential change in the market toward…