Tag: bitcoin

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Analyst Warns Of Short Squeeze as Bitcoin Futures Market Heats Up

The Bitcoin futures market is seeing a rise in leverage, which may signal an impending short squeeze that could lead to a bullish rally, according to a recent report by a CryptoQuant analyst, known as Percival. Percival insights shared earlier today on the QuickTake platform detailed the current state of Bitcoin leverage and the potential…
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Massive XRP Rally Incoming? Analyst Predicts 220% Price Jump – Details

Veteran bitcoin trader Bitlord recently made a strong call implying XRP is about to experience a big price surge. He claims the coin is “ripe” for a parabolic action that might make investors quite profitable. XRP might see a significant price ascent, even if it lags behind other leading cryptocurrencies in recent increases. With a…
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Bitcoin ETFs Boosted by Inflows, Ether ETFs Hit by $79.21M Outflow

According to the latest figures from sosovalue.xyz, spot bitcoin exchange-traded funds (ETFs) pulled in $4.56 million in inflows, while ether ETFs saw a hefty outflow of $79.21 million on Monday. Mixed Day for Crypto ETFs Spot bitcoin ETFs had a positive day on Monday as three funds attracted inflows during the session. Fidelity’s FBTC took…
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BNB Falters At $600, Paving The Way For A Deeper Pullback

BNB bullish rally has hit a wall as the $600 resistance level proves to be a formidable barrier. After an impressive upward run, momentum has stalled, and downside pressure is starting to build. While bulls are struggling to regain control, the bears are gaining confidence, signaling a potential shift in market direction. With the rally halted…
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Ethereum Users Face Higher Fees as Onchain Transaction Costs Rise

Since Sept. 15, 2024, onchain fees on the Ethereum network have seen a steady rise, jumping from $1 per transaction to $5.08 by Sept. 20. Though there was a slight dip, bringing fees down to just over $4 on Sept. 23, the average cost per transfer reached 0.0027 ETH ($7.06) on Tuesday morning. Ethereum Users…
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Russia Pushes for Sustainable BRICS Interbank Networks and Payment Systems

Russia is pushing to develop independent interbank networks and payment systems within BRICS to boost the bloc’s financial influence. Moscow aims to expand cross-border settlements and the use of national currencies in BRICS trade, as part of a strategy to reduce dependence on Western financial institutions. These efforts have gained attention during Russia’s BRICS presidency,…
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Aptos: Engagement, Active Accounts Growth Fuel 36% APT Rally

Aptos rides the bullish wave that swept over the market. The token, according to the latest market updates, registered an almost 36% surge in price, which follows the movement of major cryptocurrencies such as Bitcoin and Ethereum, pushing forward the overall sentiment on the token. Investors are currently interested in a series of statistics showing…
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Memebet Presale Gains Momentum as Analysts Call It the Next Big Meme Coin

Memebet (MEMEBET) is the new meme coin everyone’s talking about. This GambleFi project has already raised over $270,000 in presale, and it’s not slowing down. Some analysts are even calling Memebet one of the best meme coins to buy right now. Memebet – The Top Gambling Destination for Meme Coin Lovers If you love meme…
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XRP Price Defends Support: Will Bulls Take Over?

XRP price is consolidating above the $0.5785 support. The price must settle above $0.5920 and $0.600 to start a fresh increase in the near term. XRP price is still trading below the $0.600 resistance zone. The price is now trading below $0.590 and the 100-hourly Simple Moving Average. There is a major bearish trend line…
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Bitcoin Set for Major Bull Run? These 3 On-Chain Metrics Signal A Turning Point

Recent data from CryptoQuant has revealed that Bitcoin may be on the cusp of a significant recovery, supported by key on-chain metrics. Particularly, according to a CryptoQuant analyst under the pseudonym Darkfost, several indicators are reaching crucial support levels, signaling a “potential long-term bullish shift.” These metrics suggest that Bitcoin’s price could experience substantial growth…
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