Tag: Top

Bitcoin Top Or ‘Dramatic’ Move Is Coming Soon: Peter Brandt

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Bitcoin is poised for unprecedented price discovery as long as it doesn’t peak within the next few days, according to veteran trader Peter Brandt. “It is reasonable to expect a bull market high any day now,” Brandt told Cointelegraph on Wednesday, citing Bitcoin’s (BTC) historical cycle pattern, which has played out in the three previous cycles. “These cycles from low-to-halving-to-high have not always been the same length, but the post-halving distance of each has always been equal to the pre-halving distance,” Brandt said. Sunday marked the crucial day for Bitcoin’s…

Ethereum at Risk as Validator Withdrawals Top $10B

Key Notes Ethereum has witnessed its largest validator exit on record, with more than 2.4 million ETH, worth over $10 billion, waiting to leave the PoS network. Grayscale and other institutional clients are replacing these validators through the Ethereum entry queue. Ethereum price risks further breakdown if ETH is dumped from the system. Ethereum ETH $4 474 24h volatility: 5.8% Market cap: $540.43 B Vol. 24h: $50.68 B price is in the spotlight as there is a notable exodus of ETH validators, with up to $10 billion waiting to exit…

Bitcoin Price Retreats From Highs – Is The Market Signaling A Short-Term Top?

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Bitcoin price struggled to surpass $126,200 and corrected gains. BTC is now consolidating near $122,000 and might aim for a recovery wave. Bitcoin started a downside correction below the $125,000 level. The price is trading below $124,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $123,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it trades below the $120,500 zone. Bitcoin Price Corrects Gains Bitcoin price extended gains…

Binance Coin Flips XRP and USDT, Enters Crypto’s Top 3

Key Notes BNB Chain reports a record 58 million monthly active addresses, with 24-hour fees exceeding $2.48 million. BNB Chain DEX volume has crossed $4.14 billion, with growth fueled by Aster’s TVL jump. BNB’s daily trading volumes rose 65% to $7.93 billion. Binance Coin ( BNB $1 286 24h volatility: 5.7% Market cap: $179.97 B Vol. 24h: $7.45 B ), the native cryptocurrency of the BNB Chain, has surged another 7%, hitting fresh all-time highs above the $1,300 level. With its market cap soaring to $183 billion, BNB has now…

A7A5 Becomes Top Non-Dollar Stablecoin Amid Sanctions

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A7A5, a Russian ruble-backed stablecoin issued in Kyrgyzstan, has become the world’s biggest non-US dollar stablecoin despite facing multiple sanctions. A7A5’s market capitalization stood at almost $500 million on Monday, about 43% of the total $1.2 billion market cap of non-US dollar stablecoins, according to data from CoinMarketCap and DefiLlama. “We have already proven that a national digital currency can be not only an alternative to the dollar but also a driver of global change,” A7A5 wrote on its Telegram channel on Saturday. The statement came as the project drew…

Top Global Crypto Exchange Binance Airdrops and Lists Native Asset of DeFi Lending Network

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The largest crypto exchange platform in the world by trading volume has rolled out support for the native asset of an enterprise-focused, on-chain lending network. Binance listed the decentralized finance (DeFi) project Morpho (MORPHO) via its HODLer Airdrops program, which rewards BNB holders with select tokens based on historical snapshots of their balances. Morpho bills itself as “the most trusted on-chain lending network,” noting it has more than $10 billion in deposits. “Businesses can connect to Morpho’s open infrastructure to power any lending or borrowing use case at scale, including…

Bitcoin Eyes New ATH Rally: Analyst Forecasts Mid-November Top

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As the market recovers, Bitcoin (BTC) is kicking off the weekend on a positive note by reclaiming another crucial support level. Some analysts suggest that the cryptocurrency is setting the stage for a new price discovery rally, which could start sooner than expected. Related Reading Bitcoin Eyes Third Price Discovery Uptrend On Friday, Bitcoin jumped nearly 3% to hit a two-month high of $123,894. The flagship crypto has seen a massive recovery from last week’s correction, surging 14% from the local lows. Earlier this week, BTC reclaimed the $115,000-$117,000 area,…

Top Analysts Predict Massive Bitcoin Price Rally This ‘Uptober’: Is $150,000 Within Reach?

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As the Bitcoin price approaches record highs, recently surpassing the $121,000 mark, analysts are increasingly optimistic about the cryptocurrency’s trajectory for October, often termed “Uptober.” According to the analysis team at The Bull Theory, there’s a possibility that the Bitcoin price could reach as much as $143,000, meaning a potential surge of nearly 20% for the rest of the month. Bitcoin Price Poised For October Rally Such projections may seem ambitious, but historical data supports the notion that October has consistently been one of Bitcoin’s strongest months. Over the past…