The year-to-date inflows for digital assets hit a new high of $29.2 billion with inflows of $2.2 billion last week. This was according to Coinshares’ latest digital assets inflow report by head of research, James Butterfill. Coinshares: Record Numbers for Digital Asset Inflows With $2.2 billion in inflows, bitcoin (BTC) was identified in Coinshares’ analysis […] Source CryptoX Portal
At the same time, crypto investors are looking to reduce risk ahead of the U.S. election, driving bitcoin’s crypto-market dominance to a cycle high. Source
Investors in crypto and traditional markets bet that impending U.S. presidential election will breed price volatility. Source
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…
Este artículo también está disponible en español. The Dogecoin price now looks like it has established support of around $0.17, having rebounded just below it in the past 24 hours. With the $0.17 price level cleared, the next step is a convincing break above $0.18. Interestingly, technical analysis of the Dogecoin price suggests a strong multi-year resistance level between $0.18 and $0.20. Technical analysis using Elliot waves suggests a break above the resistance levels could open up the path to a peak of $2.4. While this target may seem ambitious,…
As Bitcoin hovers near its all-time high of $73k, crypto investors are witnessing a green run, especially in meme coins, including Dogwifhat (WIF). Launched in November 2023, the WIF token has appreciated almost 170x in price and currently standing at $2.636, at the time of writing. WIF weekly chart, October 2024 | Source: Tradingview In this article, we’ll discuss the Dogwifhat price prediction by giving you its short and price forecasts, and explore whether this meme coin can continue its bullish run. What is Dogwifhat? Inspired by a viral meme…
As bitcoin’s price nears its all-time high, the network’s hashrate is hitting impressive heights once again this year. Bitcoin’s Computational Power Climbs to New Highs—Will the Trend Continue? Following the trajectory of BTC’s rising value against a variety of fiat currencies, including the U.S. dollar, bitcoin’s network hashrate is soaring. At 11:30 a.m. Eastern Time […] Original
Este artículo también está disponible en español. Bitcoin’s bullish trend continues for another day, breaking the $73,000 barrier, as several market conditions seem to favor the world’s biggest cryptocurrency. According to data, Bitcoin jumped by 6% to hit $73,544 late Tuesday, its highest market price since March 14th. With this latest price surge, Bitcoin’s October gain is up by 13%, better than the top performers in the S&P with an average 1% increase. Related Reading Aside from Bitcoin, other top digital assets showed strengths, with Ethereum surging by 4% and…
Spot bitcoin ETFs recorded their third-highest inflows on Tuesday, adding more than $870 million. Total trading volumes crossed $4.75 billion — the highest since March — with BlackRock’s IBIT accounting for $3.3 billion alone. Bloomberg ETF analyst Eric Balchunas said he expects bigger inflow figures in the coming days. “$IBIT traded $3.3b today, biggest number in 6mo, which is a bit odd bc btc was up 4% (typically ETF volume spikes in a downturn/crisis),” Balchunas wrote on X. “Occasionally tho volume can spike if there a FOMO-ing frenzy. Given the…
As more holders move into profit and look to lock in gains, their market activity may slow the climb toward the record, CoinDesk research noted earlier this month. Since Oct. 17, when the research was published, profit-taking has not abated, but it still seems as though a new all-time high is on the cards. Source