Tag: Bullish

Cardano (ADA) to maintain bullish momentum, analyst says

Crypto analyst Ali Martinez is optimistic about Cardano (ADA) and anticipates “new yearly highs.” The cryptocurrency accomplished a noteworthy feat in decentralized finance (defi), securing a spot in the top 10 platforms by total value locked (TVL) and reaching a recent peak of $343 million. Cardano (ADA) defi ecosystem buzzing  The notable surge in the price of ADA, from $0.4 to $0.5, has injected over $100 million into the ecosystem, bringing the cumulative TVL to $361 million. This growth has propelled Cardano to the ninth position based on TVL, surpassing…

Analyst Says Bitcoin Just Broke A Bullish Megaphone Pattern, What Are The Implications?

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Bitcoin continues to maintain its bullish momentum even after some corrections following the breach above $44,000. Despite rising almost $15,000 in 30 days, the bullish sentiment has still not waned, especially among crypto analysts, who continue to expect more bullish strides from the cryptocurrency. Bitcoin Breaks Bullish Megaphone Pattern In a new analysis, crypto analyst TradingShot has referred to a peculiar pattern that the Bitcoin price has broken. According to the analyst, the crypto broke above a very bullish megaphone pattern, something that has been keeping the price muted for…

NFT trading volume nears $1B as markets turn bullish: Report

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As crypto markets turn bullish, nonfungible token (NFT) trading has started to join the wave, with volume nearing $1 billion in November, according to data published by the decentralized app tracking platform DappRadar.  The report highlighted that the NFT industry maintained upward momentum for the second month in a row. Trading volume surged by 125% in November, suggesting a shift in user behavior compared to earlier downturns in NFT trading. NFT trading volume and sales count data. Source: DappRadar On Nov. 6, analytics firm Nansen reported that NFT sales volumes…

Crypto analyst bullish on Dogecoin as crypto market rallies

YouTube crypto analyst Austin Hilton expressed bullish views on the future of Dogecoin. In a video posted on Dec. 7th, which also marked Dogecoin’s (DOGE) 10th birthday, the analyst pointed out that Dogecoin has seen a price increase of over 75% in the last 45 days. “Crazy, crazy good,” he remarked. He believes the current crypto market rally, pushing the total market capitalization to over $1.6 trillion, is fueled by retail money flowing back into significant cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and altcoins. The analyst highlighted the recent 17%…

Ethereum can surge to $3,100; InQubeta on bullish path

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum (ETH) is up 73% this year and remains the second most popular crypto after Bitcoin (BTC). Speculation surrounds ETH, with many envisioning it surpassing BTC in the future. Meanwhile, InQubeta (QUBE) is gaining attention due to its growth potential. The project provides access to artificial intelligence (AI) investments.  Launched on Ethereum, InQubeta utilizes smart contracts, the ERC-20 standard, and fractionalization, enhancing accessibility in crypto investment. Looking at InQubeta…

Animoca’s Yat Siu bullish on TON partnership as Bitcoin sets strong foundation for 2024

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Animoca Brands co-founder Yat Siu is confident that a number of investments and partnerships could prove fruitful in 2024 as mainstream institutional interest in Bitcoin (BTC) gathers steam. Speaking exclusively to Cointelegraph at the Next Block Expo event in Berlin, the chairman of the gaming venture capital firm highlights some 70 investments made in 2023 that are expected to deliver results next year. Related: Animoca eyes SportFi ecosystem, becomes Chiliz Chain validator Chief among these is a high-profile partnership with The Open Network (TON) blockchain, which was announced on Nov.…

Analyst Expects Bullish Trend For: Bitcoin, Ethereum, And Cardano

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Dan Gambardello predicts a bullish trend for Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) in the current cryptocurrency market. Crypto Analyst On The Bitcoin Rally Dan Gambardello took to his official X (formerly Twitter) handle to share his bullish about the three major cryptocurrencies. The analyst post was accompanied by a video where he explained why he is bullish on these three coins. According to the analyst, positive setups have appeared on the charts of all three cryptocurrencies. At the beginning of the video, Gambardello stated that he believes Bitcoin…

Wall Street Bullish on Take-Two Interactive Stock

GTA 6 is expected to incorporate crypto rewards in its upgraded version. Gamers are looking forward to watching the trailer. The unveiling of the Grand Theft Auto VI (GTA 6) trailer is set to debut on December 5, with Wall Street analysts forecasting a significant boost in revenue for Take-Two Interactive Software Inc (NASDAQ: TTWO), Rockstar Games’ parent business. Analyst Predictions and Market Enthusiasm As highlighted in a recent report, Benchmark analyst Mike Hickey, who maintains a buy rating and a $164 price target on Take-Two’s stock, sees GTA 6…

Cryptocurrency Executives Anticipate Bullish Trends and Potential Bitcoin Surge in 2024 – Blockchain News, Opinion, TV and Jobs

In the dynamic world of cryptocurrency, industry leaders are optimistic about the start of a new bullish phase, with growing anticipation for Bitcoin to reach fresh all-time highs above $100,000 in 2024. Bitcoin has experienced a remarkable rally, surpassing a 120% increase this year alone, leading many enthusiasts to believe that this upward momentum will persist into the coming year. Last week, Bitcoin closed at approximately $37,450. The market experienced considerable volatility during the week, triggered by the US Department of Justice’s settlement with Binance, the world’s largest crypto exchange.…

Bitcoin nears $40K: bullish indicators suggest momentum

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Bitcoin’s value is approaching the coveted mark of $40,000 — a height it hasn’t experienced since the sudden destabilization of TerraUSD in May 2022. At the time of writing, the value of Bitcoin (BTC) was hovering around $39,653, having seen a 2.1% increase in just 24 hours, according to data from CoinGecko. Bitcoin price chart. Source: CoinGecko BTC’s bolstering indicators, such as the Relative Strength Index (RSI) and the Awesome Oscillator (AO), suggest a positive momentum maintained by the bulls. Per analysts, the increased buying pressure might propel the coin…