Tag: High

XRP Price About To Make A New All-Time High Run To $5? Here’s What The Chart Says

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Este artículo también está disponible en español. The past 24 hours have seen bullish momentum return to XRP, with the cryptocurrency now reclaiming the $2.5 price level. This bullish momentum comes after a seven-day stretch of range consolidation between resistance at $2.5 and support at $2.3. Despite this consolidation of the price, technical analysis shows that XRP is still trading in a bullish setup, especially on the daily candlestick timeframe. Notably, this bullish setup shows that the XRP price is about to make a new all-time high run to $5.…

How High Can Dogecoin Go If Bitcoin Hits $1 Million?

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Este artículo también está disponible en español. Long a wild card in the crypto scene, Dogecoin (DOGE) has been riding the waves of excitement, community passion, and even Bitcoin’s price swings. Related Reading Speculation on the potential price pinnacle of Dogecoin is growing given Bitcoin’s present price hovering at $96,000-97k, and some analysts predicting a whopping $1 million valuation over the next decade. The Course Of Bitcoin Towards $1 Million Several business analysts, including Jack Dorsey and Robert Kiyosaki, have noted Bitcoin’s possible price ascent to $1 million by 2030.…

Gold-Backed Cryptocurrencies Shine as Precious Metal Hits Record High Amid Trade War Worry

Gold-backed cryptocurrencies are outperforming the wider market amid a historic rally for the precious metal, which is up around 9.7% so far this year to a new record of $2,880 per ounce amid growing trade war tensions. PAX gold (PAXG) and Tether gold (XAUT) have benefitted greatly from the precious metal’s rise, both rising roughly 10% in line with the spot price of gold. Each of these tokens is backed by one troy ounce of gold stored in a vault. Unsurprisingly, in the traditional market, gold miners’ stocks have also…

BTC Hashrate Hits All-Time High Defying Analyst Expectations

Bitcoin (BTC) hashrate has reached another all-time high, with seven-day moving average jumping to 833 exahashes per second (EH/s), according to Glassnode data. This represents a 9% increase from 767 EH/s in the past few days. According to Miner Mag, pre-orders for mining hardware have begun to decline following the pre-halving surge. Many mining firms had stocked up on equipment in anticipation of this event, ensuring their operations remained competitive; however, analysts now expect a slowdown in hashrate growth. Hashrate measures the computational power used to secure the bitcoin network…

Bitcoin Difficulty Set to Skyrocket as Hashrate Hits ‘Insane’ All-Time High of 840 EH/s

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While bitcoin’s value slid beneath the $100,000 threshold, bottoming at $91,530 on Feb. 2, its computational muscle flexed to an unprecedented apex. Bitcoin’s Hashrate Taps an All-Time High Data from hashrateindex.com reveals bitcoin’s hashrate soared to a historic zenith of 840 exahash per second (EH/s), maintaining a formidable 837.25 EH/s as of noon ET on […] Original

Bitcoin Kimchi Premium hits 3-year high as Asia market down

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The Bitcoin Kimchi Premium index has hit a three-year high due to economic factors like the strong U.S. Dollar or global trade war fears. The Bitcoin Kimchi Premium has spiked to a three-year high of 11.9%. The premium represents the price gap between Bitcoin (BTC) in South Korea and the rest of the world.  The increase suggests that there is a solid domestic demand for the asset even as prices fall globally. Even as BTC’s price dropped to $93,900, South Korean traders are paying a significant markup. At the same time, a…

Ethereum Price Enters Bullish Expansion, Analyst Reveals How High It Can Go In February

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Este artículo también está disponible en español. Ethereum is still showing signs of upward momentum if you know where to look. The leading altcoin is now in a bullish expansion phase, with analysts predicting that its price could surge past key resistance levels in the coming weeks. According to crypto analyst Ted Pillows, Ethereum has entered a bullish expansion phase and is on the verge of a major rally that could push it beyond $4,000 in the short term and to new all-time highs by March. Bullish Expansion Puts Ethereum…

Stablecoins See Positive Momentum: Will This Lead To New Bitcoin All-Time High?

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Data shows the stablecoins USDT and USDC have been seeing capital inflows recently, something that could turn out to be bullish for Bitcoin. Top 2 Stablecoins Have Seen Their Market Caps Grow Recently In a new post on X, the on-chain analytics firm Santiment has discussed about the latest trend in the market caps of the top two stablecoins: USDT and USDC. Below is the chart shared by the analytics firm, that shows the data for the 30-day change in the market caps of the two cryptocurrencies. As is visible…

Stablecoin market cap jumps $37b, hits record high since Trump’s victory

The market capitalization of stablecoins has jumped by $37.6 billion since U.S. president Donald Trump’s electoral victory in November. A new report from on-chain analytics provider CryptoQuant has revealed that the total value of USD-denominated stablecoins in circulation has jumped to a new record high since the announcement on Nov. 6. The report, which tracks the total market cap of Tether (USDT), USD Coin, Binance USD, True USD, Pax Dollar, and DAI, reveals that they have collectively hit $204 billion, representing a 22 percent rise in value in the 86…

Bitcoin Outflows Signal Bullish Strength As Demand Remains High At $100K – What This Means

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Este artículo también está disponible en español. Bitcoin (BTC) has seen an impressive 8% surge since Monday, solidifying $100K as a strong support level. After weeks of volatility and uncertainty, BTC has now reclaimed key levels and is pushing toward an all-time high (ATH) retest. Investors and analysts alike are closely watching Bitcoin’s next move, as bullish momentum continues to build. Related Reading Top analyst Axel Adler shared insights revealing that Bitcoin continues to flow out of exchanges, a sign that long-term holders are accumulating. This trend is reducing available…