In a bold projection, Standard Chartered, the British multinational bank, envisions a substantial surge in the value of Bitcoin, anticipating it to reach $100,000 by the conclusion of 2024. Observing Bitcoin’s impressive resurgence throughout the current year, the bank identifies the onset of what they refer to as the ‘crypto spring.’ This period of renewed…
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Long-term crypto investor Jelle who caught the Bitcoin top in 2021 recently provided insights as to the best time to buy and sell crypto assets. Jelle provided a background for his knowledge as he stated these insights helped him sell his Bitcoin holdings at the peak of the last bull run. A Powerful Bull Market…
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USTC experienced an impressive surge this week, propelled by two key catalysts: a newly introduced Binance perpetuals contract listing and the unveiling of a bitcoin-focused makeover along with an enticing airdrop initiative. Notably, TerraClassicUSD’s value has nearly quadrupled within this period. It’s essential to contextualize this surge, however, as even with the substantial rally, the…
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Bitcoin price failed again to clear the $38,500 resistance zone. BTC is consolidating above the 100 hourly SMA and might attempt another increase. Bitcoin is still facing heavy resistance near the $38,500 zone. The price is trading above $37,400 and the 100 hourly Simple moving average. There is a key bullish trend line forming with…
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Bitcoin (BTC), the leading cryptocurrency, is currently in an upward accumulation phase, inching closer to surpassing its current yearly high of $38,390. This upward trend is further fueled by the anticipation surrounding the approval of Bitcoin spot exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC). Bitcoin ETF Approval By January 10 In…
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Chainlink, a widely used distributed computing platform, has recently introduced an upgrade to its staking capabilities. Known as Staking v0.2, this new version adds an extra layer of security to the network and stands as a key component of Chainlink’s Economic 2.0 strategy. The anticipated duration for the migration of the protocol for the current…
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Terra has stirred considerable attention of late, experiencing an impressive surge in prices that has left market observers intrigued. The catalyst behind this upward trajectory can be largely attributed to notable advancements within the Terra Ecosystem. A recent substantial capital infusion likely instilled significant confidence among investors, acting as a driving force behind the recent…
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Bitcoin price trimmed losses and climbed above $37,750. BTC gained pace but it is still struggling to clear the $38,500 resistance zone. Bitcoin is again facing heavy resistance near the $38,500 zone. The price is trading above $37,500 and the 100 hourly Simple moving average. There was a break above a major bearish trend line…
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On-chain data shows the Bitcoin SOPR hasn’t yet reached high levels that have been associated with heated bull market phases in the past. Bitcoin SOPR Has Only Seen Mildly Positive Values Recently In a CryptoQuant Quicktake post, an analyst has explained how market psychology has driven the BTC price during the past few years. The…
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Bitcoin price is moving lower below the $37,000 level. BTC could continue to move down toward the $36,000 level or even $35,000 zone in the coming sessions. Bitcoin is showing bearish signs and moving lower from the $37,750 resistance. The price is trading below $37,400 and the 100 hourly Simple moving average. There is a…
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