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
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.…
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…
The Shiba Inu price crashed to as low as $0.000007683 yesterday, sparking bearish sentiment towards the meme coin. This crash came on the back of a transfer of billions of SHIB tokens, which raised concerns of a potential sell-off by the whale in question.ย Why The Shiba Inu Price Crashed The Shiba Inu price crashed amid significant selling pressure, with a SHIB whale sending billions of tokens to Robinhood, likely to offload these tokens. Arkham data shows that the whale (0x2d0โฆ9f7bB) first sent 210.365 billion SHIB tokens, worth $1.63 million,…
Bitcoinโs price edged slightly below $90,000 to rest at $89,962, with a market capitalization of $1.79 trillion and around $54.29 billion in 24-hour trading volume. The intraday trading range spanned from $87,304 to $90,295, pointing to a tense standoff between buyers and sellers. The market is teetering on the edge of direction, and frankly, bitcoin […] Original
With the market still weak and uncertainty lingering, concerns of another XRP price crash are growing. This comes as selling pressure increases and market dynamics show no clear indications of an upcoming bullish reversal. Notably, XRPโs ongoing downtrend also coincides with a decline in both retail and institutional activity, underscoring weakened confidence across the broader market.ย XRP Price Stays Weak Amid Retail And Institutional Declineย After jumping above $2 earlier this year, the XRP price stayed stuck around that level for weeks, repeatedly attempting to break to the upside but…
Bitcoin price continues to face resistance around the $90,000 level, while a large-scale buyer has reportedly increased purchasing activity, according to statements from a cryptocurrency industry executive. Summary A Bitfinex whale is reportedly buying around 450 BTC per day near $90k, roughly matching daily mining supply at current prices. Glassnode flags a moderate bear phase, with market mean near support and short-term holder cost basis capping BTC with dense supply above $98kโ$100k. Derivatives show dealers short gamma below $90k and long above it, options skew front-loaded, and futures participation thin,…
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…
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io ยท ๐ณ BloFin ๐ โ 20% cash back on trading fees! ยท ๐ Join Patreon! (Discord Access) ๐ ยท ๐ All Links ๐ ยท ๐ | Twitter ๐ 00:00 Intro 1:49 Economy 3:15 Initial Thoughts 4:20 Bitcoin Analysis 5:30 Halving Cycle 8:40 Alt Dominance 13:42 Psychology 14:27 QT End Fuels Alts 16:00 Altcoin Narratives 17:00 BTC Dominance 18:10 Global Liquidity 19:35 Final Thoughts 20:30 Like and Sub 20:38 Discord LIVE 21:00 Save on Trades 21:59 Outro ๐ DISCLAIMER – Kevin Svenson should…
Ethereum price started a fresh decline from the $3,000 resistance. ETH is now consolidating losses and might aim for a recovery if it clears $3,120. Ethereum started another decline and traded below $2,920. The price is trading below $3,050 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,900 zone. Ethereum Price Attempts Recovery Ethereum price failed…