Bitcoin (BTC) is pressing up against a major decision point after failing to break above the $76,000 resistance level. Following consecutive rejections in that area, the cryptocurrency has shifted into consolidation once again. Bitcoin Set For A ‘Final Push’ One of the latest bullish takes came on Wednesday from market analyst Ted Pillows, who recently suggested that Bitcoin has broken out of a broader 7-month downtrend. In his view, this shift is supported by a technical signal on the weekly chart: a weekly MACD bullish cross. Pillows argues that, together,…
Tag: Top
Bitcoin price tests $72.6K ascending channel top
Bitcoin is trading at $72,330 on April 13, pressing the upper trendline of a 4H ascending channel that has been building since the late March lows near $65,000. Spot Bitcoin ETF inflows of $786 million last week, led by BlackRock’s IBIT at $612 million across five trading days, provide the structural demand backdrop for the move. Summary Bitcoin price is at $72,330 on April 13, up 0.65% on the session, pressing the upper boundary of a 4H ascending channel defined by two parallel upward-sloping trendlines from the March lows near…
RAVE Token Rockets Past $9, Weekly Gains Top 3,400% – Markets and Prices Bitcoin News
Key Takeaways: RAVE surged 245% on April 13, pushing its total monthly gains past 3,600% and market cap to $2.4 billion. Coinglass data shows $31.1 million in short liquidations, highlighting a massive squeeze on Binance. RaveDAO faces scrutiny over its 1 billion token supply as analysts warn of potential insider manipulation. Exchange Listings and Market Sentiment The utility token of RaveDAO, a Web3-native entertainment collective built on the Ethereum blockchain, surged past $9 on April 13, marking a staggering 245% gain in just 24 hours. The latest rally has pushed…
Top Toncoin Whales Silently Accumulate 189,730 TON Despite Market Weakness
On-chain data shows the largest Toncoin whales have quietly been accumulating the asset while its price has continued to struggle. Top Toncoin Whales Have Seen A Surge In Their Supply In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the supply of the top whales on the Toncoin network. “Whales” popularly refer to the big-money investors of the cryptocurrency who tend to carry some degree of influence in the market. Here, the top whales are the 100 largest investors of this kind.…
Bitcoin Sees 3:1 Profit-To-Loss Transaction Ratio—A Local Top Signal?
On-chain data shows the Bitcoin network has seen a spike in profit transactions, something that has often led into local price tops in the past. Bitcoin Has Seen Its Highest Profit-To-Loss Transfer Ratio In 12 Weeks In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the ratio of profit and loss transactions taking place on the Bitcoin network. A transfer is categorized as a ‘profit’ one when the tokens involved in it had a last transaction price lower than the latest one.…
Analyst Who Called Bitcoin Top Says Price Is Going To $200,000, But Should You Buy Now?
Crypto analyst Doctor Profit, who called the Bitcoin top, has predicted that BTC could still rally to $200,000, marking a new all-time high (ATH) for the leading crypto. However, the analyst suggested now isn’t a good time to buy as BTC is still likely to drop lower. Bitcoin Still Going To Rally To $200,000 But Will Drop Lower First In an X post, Doctor Profit indicated that Bitcoin would rally to $200,000, but that now is not a good time to buy, as BTC is likely to drop further, presenting…
Human Error, Not Hacking, Cited as Top Cause for Crypto Access Loss – Security Bitcoin News
The Primary Causes of Asset Loss A new study by Oobit has revealed a sobering reality for the digital asset space: More than one-third of cryptocurrency holders, or 35%, have lost access to a wallet or account at some point. The data suggests the greatest threat to crypto wealth is not sophisticated hacking, but simple human error. Forgotten passwords or login failures were cited by 33% of 1,000 U.S.-based crypto holders who participated in the study, followed by 21% who lost their seed phrases and 20% who lost two-factor authentication…
Crypto Quantum Scare Is Real Says Top Trading Firm, But Here’s Where The Real Risk Is
QCP Group released an article today weighining in the quantum risk for crypto, following the Google whitepaper from March 30 showing Bitcoin‑style elliptic‑curve cryptography can be broken with far fewer quantum resources than previously assumed. Related Reading A Bigger Threat Beyond Crypto The crypto-quantum panic continues raging on, with multiple important voices from crypto and technology, such as former Binance CEO Changpeng Zhao (CZ), responding to the report in different ways. QCP’s article, written by Rachel Lee, establishes the firm’s opinion in a simple sentence: the quantum threat is more of…
US Troops in Region Top 50,000 as Polymarket Gives 71% Odds Forces Enter Iran by April 30 – Bitcoin News
What Trump Is Deciding About Iran Ground Troops — And What Has Actually Happened So Far The U.S. military buildup in the region began in earnest after American and Israeli airstrikes hit Iran on Feb. 28, opening the fifth week of what officials in Washington and Tehran are now openly calling a war. More than 50,000 American troops are now positioned across the Middle East, up roughly 10,000 in recent days, with Marines, Army infantry, and 82nd Airborne Division units added to a force that was already substantial before the…
A16z Is Uniswap’s Top Voter, One-Third of Voters Unidentifiable – Bitcoin News
Top 100 Holders Control 80% of DeFi Governance Tokens, ECB Study Finds The working paper, ECB Working Paper No. 3208, examined governance data from four protocols, Aave, MakerDAO (now rebranded as Sky), Ampleforth, and Uniswap, across two snapshots in time: November 2022 and May 2023. The protocols were selected for their size and representation of different decentralized finance (DeFi) activity categories, collectively holding roughly 32% of total value locked on Ethereum at the time of data collection. Token concentration figures were stark. ECB researchers state that the top 100 holders…