Tag: Price

Chainlink Whales in Sell-off Mode, Here’s Impact on LINK Price

Key Notes Since August, LINK price has been declining and is currently around $12.28. Chainlink whales have resorted to a massive selloff amid a gloomy macro outlook. The first Chainlink ETF went live for trading in early December, but with no impact on price. Chainlink LINK $12.29 24h volatility: 2.8% Market cap: $8.70 B Vol. 24h: $491.28 M price has been on a steady decline in the last few months, with most of its key metrics at their worst levels currently. Its market capitalization and trading volume have been fluctuating…

Altcoin Season Index Crashes To Low 17 As Bitcoin Price Struggles, What This Means

boss

There’s been a major shift in profitability since the Bitcoin price crashed from $126,000, and altcoins have borne the brunt of it. With major altcoins down between 30% and 80% from their all-time high values, calls for an altcoin season have gone down drastically. This has been reflected in the performance of the Altcoin Season Index, falling to one of the lowest recorded levels in 2025 as the year draws to an end. Altcoin Season Index Says Losses Are The Order Of The Day The Altcoin Season Index Chart on…

Bitcoin Price Bottom Is Here, Says VanEck Citing Miner Capitulation

Key Notes Bitcoin price shows a contrarian behavior to Bitcoin mining activity as the hashrate sees a sharpest drop since April 2024. Breakeven electricity costs for rigs like the Antminer S19 XP have fallen about 35% since late 2024, suggesting a drop in profitability. VanEck estimates nearly 400,000 mining machines have been shut down. Crypto asset manager VanEck has recently released a report noting that the dip in Bitcoin mining activity suggests that the bottom is already here. Citing historical trends, they noted that miner capitulation has often been bullish…

XRP Price Forecasts For 2026 Unveiled By AI Simulation: Should Investors Remain Bullish?

boss

XRP, currently the fifth-largest cryptocurrency in the market, has mirrored the overall performance of digital assets over the past months, experiencing a significant retracement of nearly 50% from its all-time high of $3.65 earlier this year.  Amid this volatility, a new artificial intelligence (AI) simulation model has produced price forecasts for the altcoin, offering investors a more detailed outlook for the coming year. XRP Price Predictions Market analyst Sam Daodu recently shared insights from a Monte Carlo simulation that explored XRP’s price trajectory in which 10,000 paths were generated to…

XRP ETFs Record 25-Day Streak As Price Eyes Key Level

boss

While most leading crypto-based Exchange-Traded funds (ETFs) recorded significant outflows last week, XRP investment products went against the current and attracted over $80 million in inflows, ending the week with a green performance. Related Reading XRP ETFs Steal The Spotlight XRP ETFs continue to show strong demand, recording a 25-day streak last Friday and closing the week with a positive net flow. Notably, crypto investment products registered a negative performance last week, seeing nearly a billion dollars in outflows. According to CoinShares’ weekly report, digital asset-based funds ended the week…

XRP Price Trims Upside, Slow Decline Signals Seller Dominance

boss

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…

Ethereum Price Presses Resistance, but Can The Recovery Survive?

boss

Ethereum price started a recovery wave above $2,980. ETH is now consolidating and faces a key barrier near the $3,080 level. Ethereum started a decent upward move above the $3,000 zone. The price is trading above $2,980 and the 100-hourly Simple Moving Average. There is a rising channel forming with support at $2,975 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above the $3,080 zone. Ethereum Price Faces Important Resistance Ethereum price started a decent increase above $2,880,…

Bitcoin price may rebound as hashrate drops 4%: VanEck

boss

Bitcoin’s network activity is flashing a signal that has often appeared near market lows. Summary Bitcoin hashrate fell 4%, the steepest drop since April 2024. Corporate treasuries bought 42,000 BTC as exchange-traded product holdings declined. Past hashrate drops saw 180-day Bitcoin price gains averaging 72%. The latest data shows pressure across miners, traders, and short-term holders, even as long-term conviction stays intact. Bitcoin’s network hashrate fell about 4% over the past 30 days, the sharpest drop since April 2024, according to VanEck’s latest report. The pullback followed a rough month for price action, with…

Bitcoin Price Holds Firm, Upside Extension Now in Trader Focus

boss

Bitcoin price started a decent recovery wave above $88,000. BTC is now consolidating below $89,000 and might aim for a fresh increase. Bitcoin started a recovery wave above the $87,500 zone. The price is trading above $87,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $87,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it settles above the $89,100 zone. Bitcoin Price Eyes More Gains Bitcoin price attempted a…

Recent Bitcoin Miner Troubles Could Be Bullish for BTC Price

boss

Bitcoin’s hashrate fell 4% over the month to Dec. 15, which could be a positive sign for the cryptocurrency’s price in the months ahead as miner capitulation is “historically a bullish contrarian signal,” VanEck analysts say.  “When hash rate compression persists over longer periods, positive forward returns tend to occur more often and with greater magnitude,” VanEck crypto research lead Matt Sigel and senior investment analyst Patrick Bush noted in a report on Monday. They noted that since 2014, Bitcoin’s 90-day forward returns have been positive 65% of the time…