Is The Bitcoin Price Bottom In? Latest On-Chain Data Suggests So
Posted inBitcoin

Is The Bitcoin Price Bottom In? Latest On-Chain Data Suggests So

As the Bitcoin market continues to experience a flurry of sales, which started in mid-October, recent on-chain data paints a somewhat optimistic picture of the cryptocurrency’s future. The question is — is the Bitcoin bottom in? Is A BTC Price Reversal Imminent?  In a recent Quicktake post on the CryptoQuant platform, pseudonymous crypto pundit Sunny…
Bitcoin Dominance Signals The Crypto Bull Run Remains Active – Analyst
Posted inBitcoin

Bitcoin Dominance Signals The Crypto Bull Run Remains Active – Analyst

The crypto market has endured a turbulent period in recent weeks, as the total market cap has crashed by over 18% in the last month, with Bitcoin leading the decline. Amid this heavy correction, data on Bitcoin Dominance counters circulating narratives of the market top being in. Bearish Bitcoin Dominance, Bullish Market Outlook Popular market…
Bitcoin May Launch Recovery To $120,000 If This Condition Holds – Details
Posted inBitcoin

Bitcoin May Launch Recovery To $120,000 If This Condition Holds – Details

In the last week, Bitcoin’s correction took another drastic turn as prices retested the psychological $100,000 price zone, triggering heavy waves of liquidation. Although the premier cryptocurrency witnessed some rebound after, the current market price remains 19.02% away from the all-time high at $126,198. In the hope of a sustained recovery, a popular analyst with…
Ethereum Price Surge To $5,500: What To Watch Out For To Mark The Bottom
Posted inEthereum

Ethereum Price Surge To $5,500: What To Watch Out For To Mark The Bottom

Coming out of weeks of downtrend, the Ethereum price could be looking to establish the next bottom as it sets up for a campaign toward new all-time highs. This is highlighted by crypto analyst MMBTtrader, who explained that the Ethereum price crash could be coming to an end. This is evidenced by a number of…
Ripple President States No Current Plans For IPO: What It Means For XRP Prices
Posted inRipple

Ripple President States No Current Plans For IPO: What It Means For XRP Prices

Blockchain payments company Ripple has no immediate plans to follow the trend of digital asset firms going public. In a recent interview with Bloomberg at the company’s Swell conference in New York, Ripple President Monica Long stated, “We do not have an IPO timeline. No plan, no timeline.”  Her comments highlight the company’s present priorities,…
Solana’s ETF Era Could ‘Redefine Its Position In The Crypto Hierarchy’ – Report
Posted inCryptocurrency Market News

Solana’s ETF Era Could ‘Redefine Its Position In The Crypto Hierarchy’ – Report

Following the launch of the first Solana (SOL) Exchange-Traded Funds (ETFs) in the US, Bybit analysts believe that the cryptocurrency could enter a multi-quarter rally fueled by institutional demand. Solana ETF Era To ‘Reshape’ Price Trajectory On Friday, crypto exchange Bybit discussed the potential impact of the recently launched Bitwise Solana Staking ETF (BSOL) and…
Bitcoin Options Craze: OI Looks Set To Keep Printing ATHs, Glassnode Says
Posted inBitcoin News

Bitcoin Options Craze: OI Looks Set To Keep Printing ATHs, Glassnode Says

Glassnode has explained how the Bitcoin options Open Interest has been climbing recently and looks set to explore new all-time highs (ATHs). Bitcoin Options Open Interest Has Already Bounced Back From Oct Expiry In a new options market. This segment of derivatives trading involves traders betting on future price moves through contracts giving the right…
Polkadot Break Above $2.85 Ahead? Reversal Setup Forms Beneath Heavy Resistance
Posted inPolkadot

Polkadot Break Above $2.85 Ahead? Reversal Setup Forms Beneath Heavy Resistance

breakout that could confirm a change in trend. Still, the presence of strong resistance overhead means the coming sessions will be crucial in determining whether DOT can break free or face another rejection. DOT’s Downtrend Shows Signs Of Exhaustion As Buyers Eye A Short-Term Recovery Giving a follow-up on the expected path of DOT in…