Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…
Tag: Rally
Stablecoin Market Capitalization Nears $200 Billion — Bitcoin Price To Resume Rally?
Este artículo también está disponible en español. The latest on-chain data shows that the stablecoin market is nearing a new milestone in terms of valuation. Here’s how the increasing liquidity could impact Bitcoin and the general cryptocurrency market. Can The Increasing Stablecoin Cap Push Bitcoin Price To $100,000? Market intelligence platform IntoTheBlock has revealed in its weekly report that the stablecoin market capitalization has experienced notable growth in the past month. According to the crypto firm, the stablecoin market cap surged past $190 billion this week for the first time…
XRP to rally? What to expect from Ripple
XRPLedger’s native token (XRP) gained 12% on Nov. 29 as the altcoin held steady above $1.7300, rallying alongside Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other leading cryptocurrencies. XRP on-chain indicators signal price growth XRP traders increased their on-chain activity between Nov. 16 and 29, and Santiment recorded several spikes in the active addresses metric. The spikes represent the increase in activity, accompanied by a spike in transaction volume across exchange platforms. The network realized profit/loss metric used to identify the net profit/loss of all tokens traded on a given…
Is $10 Within Reach For Cardano? Whale Moves Signal Rally
Este artículo también está disponible en español. Cardano (ADA) has achieved a significant milestone by breaking past the $1 barrier, a level that appeared unattainable for the majority of 2023. Related Reading The cryptocurrency’s recent price surge has captivated the attention of both analysts and investors, as it has been unable to overcome this psychological level for years. Although the token has recently experienced some price consolidation, analysts anticipate that this is merely the commencement of a much more substantial rally. ADA price up in the last day. Source: Coingecko…
Explosive Breakout Ahead? XRP Bulls Rally Toward $2 Mark
Este artículo también está disponible en español. Recently, XRP has been on a robust positive run; some predict that the altcoin will hit $2 in the following weeks. This hope coincides with increasing whale activity, as technical signs suggest that the price might cross significant barrier levels. Starting in early November, XRP’s explosion has inspired experts and investors. Related Reading Whales Fuel Price Movement Whale purchase activity is one of the main causes of XRP’s recent rise. Widely seen as a positive sign, large altcoin holders have been accumulating millions…
Bull Flag Rally Points To Another 50% Surge
Este artículo también está disponible en español. Crypto analyst CoreCrypto has predicted that the Cardano price could enjoy a massive breakout soon enough. The analyst highlighted a bull flag-like structure that could cause Cardano to enjoy another 50% price surge. Cardano Price Breakout On The Horizon In a TradingView post, CoreCrypto stated that the Cardano price is showing strong bullish momentum and is breaking out from a bull flag-like structure, with a successful retest confirming this move. The analyst added that the support is holding firm, signaling a potential rally…
Temporary Or End Of The Bull Rally?
Este artículo también está disponible en español. Crypto analyst TradingShot recently discussed the Bitcoin price rejection at $99,000, providing insights into whether this was temporary or marked the end of the bull rally. His analysis indicated that this price rejection was temporary and that Bitcoin would still reach the $100,000 mark and possibly surpass it. Bitcoin Price Rejection At $99,000 Likely Temporary In a TradingView post, TradingShot suggested that the Bitcoin price rejection at $99,000 is likely temporary. As to what could have caused this price rejection, the analyst noted…
Is BONK Rally In Jeopardy? Technical Indicators Confirm Weakness
Este artículo también está disponible en español. BONK is facing mounting bearish pressure as technical indicators signal growing weakness in the market. After a brief attempt to stabilize, the token appears to be losing momentum dropping again toward the $0.00004002 for another test, with key metrics pointing to further downside. As BONK navigates these challenging conditions, speculations are on whether the meme coin can reclaim its footing or if deeper losses are inevitable. This analysis dives into BONK’s current market performance under bearish conditions, highlighting the technical indicators that signal…
Memecoin CHILLGUY Hits $0.65 ATH, What’s Behind The Rally?
Este artículo también está disponible en español. A new Solana-based memecoin has stolen the crypto market’s spotlight after surging over 80% in seven days to a market capitalization above the $600 million mark. After its remarkable performance, the latest internet sensation continues to grow in popularity, recently scoring two major exchange listings. Related Reading Just A Chill Rise To $0.65 This cycle’s memecoin mania has seen the rise and fall of many tokens in the last few months, including the Celebrity token frenzy and the recent Pump.fun Livestream saga, sparking…
Altcoins See Massive Inflows Amid Bitcoin’s Record Rally, But 2021 Bubble Warnings Persist
Este artículo también está disponible en español. Amid a significant uptrend in crypto prices, altcoins are beginning to outperform Bitcoin (BTC), marking a notable shift since the historic highs of 2021. This surge coincides with Bitcoin nearing an all-time high of $100,000, fueled by the presidential election victory of Donald Trump, who positions himself as a pro-crypto leader. However, Bloomberg reports that the uncertainty stemming from the 2021 crypto collapse remains palpable among investors, as many altcoins experienced dramatic price fluctuations during past market cycles. Expert Voices Skepticism On Altcoins…