Key Notes BitMine expects more than $400 million in annual income from Ethereum staking. Market data shows strong demand for ETH staking, which has now exceeded the 30% threshold. Analysts say the ETH price needs to reclaim $3,050 to continue with further upside. Tom Lee-led Ethereum treasury firm BitMine Technologies (NASDAQ: BMNR) has amped up its ETH ETH $2 923 24h volatility: 2.8% Market cap: $353.34 B Vol. 24h: $22.50 B staking to over $5.71 billion in its latest move. On-chain data shows that the firm has staked an additional…
Tag: Price
How will Bitcoin price react as BOJ holds interest rate?
Bitcoin price traded cautiously on Friday after the Bank of Japan kept its benchmark interest rate at 0.75%.ย Summary The Bank of Japan kept its benchmark interest rate at 0.75% but future hikes are possible if inflation persists. Bitcoin traded slightly below $90,000, reflecting short-term calm but ongoing caution from yen-driven liquidity pressures. Technical indicators point to weakening momentum, making support near $89,500โ$90,000 a key level to watch. Investors are balancing short-term relief against ongoing liquidity concerns linked to Japanโs policy decision. The BOJ voted 8โ1 on Jan. 23 to…
XRP Price Signals Trouble As Bears Prepare Another Push Lower
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Bitcoin Price Stability Sparks Recovery Hopes, But Hurdles Loom
Bitcoin price started a consolidation phase below $90,500. BTC is consolidating losses and might attempt a recovery wave if it clears $91,500. Bitcoin started a minor recovery wave from the $87,200 level. The price is trading below $90,500 and the 100 hourly Simple moving average. There was a break above a short-term bearish trend line with resistance at $89,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might recover if it manages to settle above $90,500 and $91,500. Bitcoin Price Eyes Recovery Bitcoin price…
Bitcoiners Reject Quantum Computing Fears Weighing On Price
Bitcoin backers have minimized claims that fears around quantum computing being a threat to the cryptocurrency sooner than expected are dragging on its price. Glassnode lead analyst James Check said in an X post on Thursday that linking Bitcoinโs price to quantum computing fears โis akin to blaming market manipulation for red candles, and declining exchange balances for green ones.โย Check argued that while quantum computing may be โkeeping some capital awayโ from Bitcoin (BTC), the weakness in Bitcoinโs price performance has been driven far more by heavy selling from…
Bitcoin Price Following The 2022 Fractal? Here Was The Previous Outcome
Technical analysis shared by crypto analyst CryptoBullet on X highlighted a familiar price action that suggests that Bitcoinโs current structure may be closely tracking a 2022 price fractal.ย Bitcoinโs price action in recent days has changed into a more fragile posture, with the cryptocurrency falling back below the psychological $90,000 level after failing to sustain higher ground above $97,000 on January 14. How Bitcoinโs Current Structure Resembles The 2022 Fractal According to CryptoBullet, Bitcoinโs present price action is closely following an interesting structure that it previously played out in 2022.…
This Bitcoin Price Level Must Hold Or Itโs Mid-$50,000s: Veteran
Bitcoinโs April 2025 swing low around $73,000 has become the make-or-break line for 2026, according to veteran professional trader and commentator Nik Patel, who argues that a higher-timeframe break below that level would likely open the door to a prolonged grind in the mid-$50,000s. In Part Three of his โ2026 Outlookโ published Jan. 21, Patel laid out a high-conviction call that Bitcoin prints fresh all-time highs in the first half of 2026, framing it as further evidence the market has shifted away from the clean, narrative-driven four-year cycle. โBitcoin trades…
Is Quantum Computing Casting a Shadow Over Bitcoinโs Price?
Over roughly the past year, discussion has grown more pointed over whether the accelerating pace of quantum computing could eventually threaten the Bitcoin network. This week, prominent crypto advocate and Castle Island Ventures partner Nic Carter contended that bitcoinโs โunderperformance,โ which he links to quantum-related anxieties, is the only storyline that truly deserves attention this […] Original
Pepe Coin Price Prediction: This Brutal Sell-Off Might Be the Best Buying Opportunity Youโll Ever See
Meme coin Pepe (PEPE) is locked in a downtrend and as per analysts, the situation could get worse if Bitcoin continues to lose important key levels, like the $90K price tag. At the time of writing, PEPE trades at $0.000005136, up more than 1% in the past 24 hours and 30% in the past month. CoinMarketCap data shows a 42% increase in volume as well. PEPE Price Analysis: Whatโs Next for the Meme Coin Pepe (PEPE) is nearing a critical technical zone, with price tightening inside a multi-month descending wedge.…
Bitcoin price at risk, Fed rate cut odds fall
Bitcoinโs price remained in a tight range today, January 22, as investors reacted to new developments on Greenland and to ongoing ETF outflows. Summary Bitcoin price retreated after the US released strong GDP data. The numbers pushed the odds of Federal Reserve interest rate cuts this year. Technical analysis suggests that Bitcoin may continue falling, potentially to the key support at $80,000. Bitcoin (BTC) was trading at $89,400, a few points above this weekโs low of $87,200. Still, there is a risk that the coin will continue to fall now…