Since the onset of 2024, the Bitcoin ecosystem has seen an influx of capital flowing into startups. Data gathered by Coin98 Analytics from the web portal crypto-fundraising.info, reveals that over the past few months, 43 Bitcoin-centric projects have secured funding from key investors. Startups Dedicated to the Bitcoin Ecosystem Gather Significant Capital Injections A fresh […] Original
Over the past week, Bitcoin (BTC) has struggled to move significantly to the upside as the leading cryptocurrency has entered a consolidation phase below the $69,000 mark. This subdued volatility departs from Bitcoin’s usual fluctuations, raising speculation about a potential stagnation phase in its market trajectory. Anticipation Builds For Bitcoin’s Next Rally The cryptocurrency community has closely monitored Bitcoin’s movements, especially as it approaches crucial resistance levels. Insights from prominent crypto analyst Captain Faibik shed light on Bitcoin’s current outlook. Captain Faibik suggests that Bitcoin could be on the brink…
BNB price is attempting a fresh increase from the $545 zone. The price could gain bullish momentum if it clears the $585 and $590 resistance levels. BNB price started a fresh increase after it found support near the $545 zone. The price is now trading above $560 and the 100 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $585 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair could attempt a fresh rally if it clears the $590…
Renowned venture capitalist and Bitcoin advocate Anthony Pompliano has recently sparked discussions with his post on X addressing the predictions of Bank of America. According to Pompliano’s post, the US government may face a $1.6 trillion annual interest payment by December, should the Federal Reserve persist with its current monetary policies. This projection has ignited speculation among market observers, with suggestions pointing to a scenario that heralded inflation in the US economy. Notably, Bitcoin is emerging as a focal point in discussions, touted by some as a potential hedge against…
GDA Capital (GDA) Ventures Into the Future of Influencer Marketing, Backs Chirpley as a Key Venture Capital Partner with International Distribution Support – Press release Bitcoin News You need to enable JavaScript to run this app.ryxnre475n Original
The Bitcoin price has soared past the $71,000 mark. In the past 24 hours alone, the price of Bitcoin surged by 6.5%, climbing from just below $65,500 to reach $71,491. This remarkable rally can be attributed to a combination of factors that have collectively contributed to the upward trajectory of the world’s leading cryptocurrency. Here’s a closer look at the four key reasons behind Bitcoin’s latest price surge. #1 Futures Market Influence The futures market has played a pivotal role in driving Bitcoin’s price upwards. According to data from Coinglass,…
Solana (SOL) has experienced a notable resurgence in its bullish momentum, with a rebound of over 9% in the past 24 hours. This notable performance has outpaced the top 10 largest cryptocurrencies in terms of market capitalization. The latest surge in SOL’s price has allowed it to surpass its resistance level on the daily chart at $184. The remaining hurdle of $201 now stands as the final barrier to prevent further gains for the cryptocurrency. However, industry experts and crypto analysts suggest that SOL’s price action indicates a potential continuation…
There are a couple of events to watch out for this week, as they could prove pivotal in determining the future trajectory of the crypto market. These events could provide some certainty to the market or cause investors to wait on the sidelines for more favorable market conditions. Events That Could Affect The Market This Week Some Federal Reserve officials are scheduled to speak at different events this week. One of them is Governor Lisa Cook, who will give a lecture on March 25. Fed Chair Jerome Powell will also…
Ethereum price is attempting a fresh increase wave above the $3,400 zone. ETH must clear the $3,580 resistance to continue higher in the near term. Ethereum is holding gains above the $3,250 support zone. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,400 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it settles above the $3,500 resistance zone. Ethereum Price Eyes Fresh Increase Ethereum…
Bitcoin price is again attempting an upside break above $68,000 resistance zone. BTC could rally if it clears $67,500 and $68,000 in the near term. Bitcoin price started a decent increase above the $65,000 zone. The price is trading below $65,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $65,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must clear the $68,000 resistance zone to start a fresh rally. Bitcoin Price Turns Green Bitcoin…