When we aggregate the data from all cohorts, including miners, exchanges, and retail investors, over the past 30 days, it shows that all groups combined have accumulated a total of 26,000 BTC. But again, this demand has been consistent for the past three months since September, outstripping supply and issuance. Source
Cardano price started a consolidation phase below the $0.6650 zone. ADA is holding gains and might aim for a fresh increase above $0.6500. ADA price started a downside correction after a strong rally toward $0.6600. The price is trading above $0.580 and the 100-hourly simple moving average. There is a key contracting triangle forming with support at $0.5780 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another increase if it clears the $0.6060 resistance zone. Cardano Price Consolidates Gains In the past…
Este artículo también está disponible en español. Many analysts are anticipating a bull run for Ripple’s XRP which could lead to an exponential growth, giving Ethereum and Bitcoin a run for their money. Several experts suggest that XRP’s potential price rally could be attributed to Donald Trump winning the US election, a political event that brought so much excitement to the cryptocurrency sector. Related Reading XRP: 700% Price Hike Analysts said that XRP could be on the brink of a possible price rally based on historical price movement after an…
Bitcoin’s new all-time high has ignited fear of missing out (FOMO) among investors, driving speculation on how high it could soar before any realities dampen the momentum. Bitcoin’s Unstoppable Climb Ignites FOMO Across Global Markets Bitcoin has reached a new all-time high, spurred by investor enthusiasm and a wave of “fear of missing out” (FOMO) […] Original
Este artículo también está disponible en español. Solana (SOL) recently saw its market cap surge past $100 billion, setting the stage for a potential all-time high (ATH) rally for its native SOL token. Solana Reclaims $100 Billion Market Cap, Is SOL ATH Imminent? Solana, currently the cryptocurrency with the fourth-largest market cap, recently joined the ranks of Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) by surpassing the $100 billion mark in market valuation. Related Reading At the time of writing, Solana’s native token SOL is trading at $216.43, marking impressive…
Bitcoin passed $80,000 for the first time on Sunday and topped $82,000 on Monday. BTC enjoyed an unusually busy weekend, rising over 4% amid trading volumes of almost $100 billion. Weekend pumps in the crypto market are seen as bullish indicators, given that professional traders and institutional investors are much less active. The positive sentiment extended into the new week, with BTC climbing as high as $82,394. Futures premiums on BTC-tracked products are soaring, indicating a bias for bullish bets. The popularity of the $80,000 call on Deribit points to…
As Bitcoin reached a new all-time high, Gemini co-founder Cameron Winklevoss suggested the real rally is yet to come. Bitcoin (BTC) has still room to grow as the recent spike to a new all-time high was not driven by retail fear of missing out, Gemini‘s co-founder Cameron Winklevoss speculates. The road to $80k bitcoin was paved with steady ETF demand. Not retail FOMO. Little fanfare. People buy ETFs, they don’t sell them. This is sticky HODL-like capital. Floor keeps rising. Where are we in the cycle? We just won the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. VeChain and Polkadot gain traction as the crypto market rebounds, with AI-focused assets surging 410% amid rising interest. As the cryptocurrency market shows signs of revival, certain coins are capturing keen interest. VeChain and Polkadot are standing out as possible leaders in this upswing. An AI-focused crypto asset has already soared by 410%, suggesting a new trend may be forming. Could these platforms be set for significant gains? Discover…
Solana achieved a remarkable comeback after the collapse of Sam Bankman-Fried’s FTX and Alameda Research in 2022, which was a key backer of the budding smart contract platform. The chain emerged as the go-to ecosystem for retail crypto users and a hotbed of this cycle’s memecoin craze, hosting for example the popular pump.fun protocol. Resurging decentralized finance (DeFi) activity also benefitted the network, making Solana’s on-chain trading ecosystem the third-most-profitable sector in crypto, a recent Coinbase report noted. The solana token was a standout among altcoins over the past year’s…
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”…