XRP is trading at $2.41, with an intraday range of $2.38 to $2.52, a market cap of $137.70 billion, and a 24-hour trading volume of $8.77 billion, highlighting a phase of consolidation. XRP On the 1-hour chart, XRP shows a short-term downtrend following a retreat from a local high of $2.531 to its current level […] Source CryptoX Portal
Tag: Market
Bitcoin Technical Analysis: Will $101,000 Support Hold Amid Mixed Market Signals?
In the past hour, bitcoin has settled into a cozy spot, bobbing gently between $101,536 and $101,747. Over the last day, it’s danced from $99,939 to a peak of $102,658, with a whopping $74.15 billion in trades shuffling around and a market cap hitting the stellar $2 trillion mark. Bitcoin On the 1-hour chart, bitcoin‘s […] Original
Bitcoin Confidence Grows As Binance Data Highlights Surprising Market Trends
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…
Bitcoin Derivatives Market Heating Up Again: Brace For Impact?
Data shows that the indicators related to the Bitcoin derivatives market have recently been heating up, which could lead to more volatility in BTC’s price. Bitcoin Open Interest & Leverage Ratio Have Shot Up As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the Bitcoin Open Interest has registered a sharp increase alongside the asset’s return above the $100,000 level. The “Open Interest” here refers to a metric that keeps track of the total amount of derivatives positions related to BTC that are currently open…
What The Sudden Volatility Means For The Market
Este artículo también está disponible en español. Crypto analyst Master Kenobi has provided extensive analysis, which discusses the Bitcoin price dominance and altcoin season. In his analysis, Master Kenobi also revealed what this sudden volatility means for the market. Where The Bitcoin Price Dominance Is Headed In an X post, Master Kenobi stated that the Bitcoin price dominance was meant to have begun its decline yesterday. However, the drop started 20 days earlier than anticipated. The crypto analyst added that. Having recorded three consecutive red weeks, Bitcoin’s dominance has entered…
Should Investors Brace For A Market Shift?
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…
Goldman Sachs Considering Bitcoin is Exactly How Best Wallet Is Slated to Reach $4.4bn of the Non-Custodial Market
Sentiment from the head of a Wall Street giant signals good news for the cryptocurrency economy. Goldman Sachs CEO David Solomon has said that the investment banking major would evaluate trading cryptocurrencies should US regulations permit the bank to do so. “At the moment, as a regulated banking institution, we’re not allowed to own a cryptocurrency like Bitcoin as a principal,” he said at a Reuters Next conference, held on Tuesday, 10 December. “We give our clients advice around a variety of these technologies and these issues, and will continue…
‘It’s another stock market for him’: Trump to focus on Bitcoin price after inauguration
President-elect Donald Trump will reportedly make Bitcoin a central focus of his administration, aiming to push the price of Bitcoin to $150,000. According to sources from the Trump transition team who spoke to Axios, the former President and now President-elect… Original
Goldman Sachs open to Bitcoin, Ethereum market
Goldman Sachs is unopposed to expanding its Bitcoin or Ethereum participation in an accommodating regulatory environment. Original
HBAR To Hit $100? Analyst Points To Utility, Market Cap Potential
Este artículo también está disponible en español. Hedera’s native cryptocurrency, HBAR, has garnered the interest of investors and cryptocurrency aficionados due to its remarkable recent performance and increasing prominence in the blockchain sector. Related Reading Hedera’s HBAR token, supported by major technology companies like Google, IBM, and Boeing, has the potential to revolutionize decentralized finance. In the preceding month, HBAR has ascended by 430%, attaining a new peak of $0.392 and elevating its market capitalization to nearly $13 billion. Despite some skeptics, analysts believe a $100 price tag for HBAR…