Ethereum Technical Analysis: ETH Stabilizes Amid Key Resistance

Ethereum’s price found stability within a narrow range, moving between $2,470 and $2,537 over the past day, as both oscillators and moving averages reflect neutral-to-bearish signals, indicating a pause in its short-term momentum. Ethereum The daily chart shows ethereum’s (ETH) recent trend of lower highs and lows, hinting at a bearish undertone. However, steady positioning … Read more

Bitcoin Technical Analysis: Upward Momentum Stays Strong Across Short and Long-Term Averages

Bitcoin’s price holds at $68,499 today within a 24-hour range of $66,964 to $68,750, with a market cap of $1.35 trillion and trading volume at $24.46 billion. Bitcoin On the 1-hour chart, bitcoin (BTC) has been on a steady climb after breaking free from a consolidation zone near $66,912. This upward movement gained momentum with … Read more

Glassnode Report Reveals Insights on Bitcoin’s Latest Rally – Why Investors Are Paying Attention

Bitcoin’s recent price rally to $69,000 marked a notable shift, according to research from Glassnode and onchain analysts Ukuria OC and Cryptovizart. Bitcoin’s Rally to $69K: Glassnode’s Analysis on What’s Next for the Market The recent surge in bitcoin’s (BTC) spot price to $69,000 has brought relief to investors after months of stagnant trading, per … Read more

Institutional Demand Rises, but What’s Holding Bitcoin Back? QCP Capital Weighs In 

QCP Capital’s weekend brief delves into a volatile week for bitcoin, which saw a peak in price that couldn’t hold and a sharp decline amid renewed regulatory concerns. Bitcoin’s Price Stumbles at Key Level: QCP Capital Explains Why It Matters Now Analysts at QCP Capital observe a pattern of consolidation in bitcoin as institutional demand … Read more

Triple-Digit Gains and Pricey Sales—What’s Fueling the NFT Market’s Latest Shakeup?

Between Oct. 19 and Oct. 26, recent data reveals that non-fungible token (NFT) sales slid 7.11% lower than the prior week. Top NFT Collections of the Week: Froganas, Mythos Dmarket, and BAYC Lead Sales This week’s total NFT sales clocked in at $89.26 million—a dip of 7.11% from last week’s numbers. Despite this decline, NFT … Read more

Bitcoin Drops Amid Market Chatter—A Familiar Pattern From the Past—Here’s What We Know

Bitcoin’s price danced through a roller-coaster ride on Friday, hitting an intraday high of $68,700 before plunging to a 24 hour low of $65,853. Speculation Unsettles Bitcoin Market – Are We in for More? The dip came right after the Wall Street Journal published claims that Tether was allegedly facing a probe by U.S. authorities. … Read more

QCP Capital Analysts Highlight Impact of US Elections on Crypto Markets

QCP Capital’s latest market update highlights the influence of the upcoming U.S. elections on financial markets, with a particular focus on cryptocurrencies like bitcoin (BTC). Analysts predict increased volatility as the elections near, with potential outcomes shaping investor sentiment and price movements. QCP Analysts Link U.S. Elections to Crypto Market Movements QCP Capital‘s analysts observe … Read more

Bitcoin Market Update: Traders Question Whether There’s a Breakout or Breakdown Looming

As of Oct. 22, 2024, bitcoin (BTC) is priced at $67,058.95, fluctuating within a 24-hour range of $66,669 to $68,268. With a market cap of $1.32 trillion and a daily trading volume hitting $44.03 billion, the digital currency appears to be in a consolidation phase, according to technical indicators. These indicators suggest that while things … Read more

Triple-Digit Gains Propel GOAT and APE to the Top This Week, But Not All Coins Thrived

While bitcoin is up 4.6% this past week and ethereum gained 5.2% over the seven day run, a large number of crypto assets saw double-digit weekly gains and some managed to capture triple-digit rises. The leaders of the pack this week included GOAT and APE which rose 191% to 102% respectively. While Bitcoin Remained Steady, … Read more

From Giga Chad to Turbo: The 10 Meme Coins Dominating 2024’s Crypto Charts

Since Jan. 1, bitcoin has climbed over 62% in the last 293 days. Throughout 2024, meme coins have managed to grab the spotlight in terms of market performance, with one clear leader: giga chad (GIGA). This digital asset surged an astonishing 123,929.02% against the dollar since the year kicked off. Following in GIGA’s wake, several … Read more