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Author: cointechies
Ethereum briefly crossed the USD 4,000 mark (again), but traders sold off and the coin was once again left hanging just below the resistance level. Nevertheless, inflows to spot ETFs have surged over the past two weeks, with net inflows to Ether funds exceeding USD 2 billion. Juan Leon, senior investment strategist at Bitwise, predicts that this is a harbinger of an Ethereum breakout in 2025. He believes that the Ethereum network has the best chance of gaining significant market share in the rapidly growing tokenization industry. That is a long time ago. Well, he's actually 12 months old. Ethereum…
Bitcoin has broken through an important level. My next goal is $130,000 (here's why). USDT's dominance is cracking, but this could be a sign of a turnaround for the market. Altcoins are lagging, but I'm tracking the ALTBTC chart to find out where the next pullback will come from. It’s simple: This is Bitcoin’s next target We often get asked where Bitcoin is going next, but the truth is, no one knows. But here's the problem. I have been following this same trend-based Fibonacci chart since Bitcoin was below $50,000 and it has been very helpful to me. I will…
Check out the latest information in Spanish. Bitcoin price has started to rise again above the $106,000 resistance zone. BTC traded to an all-time high of over $108,000 and is now correcting its gains. Bitcoin has started a new rally above the $106,000 zone. The price is trading above $105,000 and the 100 hourly simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), it broke below the important bullish trend line with support at $106,000. If it breaks above the $103,750 support zone, the pair could start a new rally. Bitcoin price continues to…
Pyth Network has launched a real-time oil market data feed for West Texas Intermediate (WTI) and Brent crude oil. The Pais team highlighted the multi-trillion dollar opportunity in the energy market to enable DeFi applications such as oil-based derivatives and perpetual futures. The launch follows VanEck's recent listing of PYTH Exchange Traded Notes (ETN) in Europe, allowing investors to track PYTH performance without direct exposure. Decentralized oracle provider Pyth Network has launched a real-time oil market data feed for West Texas Intermediate (WTI) and Brent crude oil. This officially extends the protocol's data services to include energy markets. The new…
Bitcoin hit a new all-time high of $108,268 following bullish announcements and market sentiment. Shiliang Tang highlighted the growing interest of institutional investors as MicroStrategy joins the Nasdaq 100 and continues to buy Bitcoin. Cryptocurrency analyst RektCapital warns of historic price decline and urges preparations for future correction. At the same time, the biggest Bitcoin whales continue to buy, including MicroStrategy, Metaplanet, and the US Spot Bitcoin ETF. In true bull market style, Bitcoin is hitting new all-time highs (ATH) after hitting new all-time highs. Early Wednesday morning, the OG cryptocurrency hit an unprecedented US$108,268 (A$170,828). However, at the time…
Check out the latest information in Spanish. In a post on X dated December 17, 2024, Jeff Park, Head of Alpha Strategy at Bitwise Asset Management, shared his personal top three predictions for the crypto sector in 2025. His insights come at a time when the crypto market is experiencing significant growth. , and after Bitwise releases its annual top 10 cryptocurrency predictions for next year. #1 Rapid increase in Bitcoin structured products Park predicts at least $5 billion in assets will flow into Bitcoin structured products by 2025. “The cold, hard truth is that most private asset managers and…
Ethereum is one of the most innovative blockchain solutions on the market, and more and more businesses are leveraging it to gain cost-effectiveness and scalability benefits. Brands like Mastercard and Visa are approaching Ethereum and Solana blockchains to make user payments faster and more efficient, albeit in a centralized ecosystem. Still, this is just the beginning of a long-term development phase that introduces and embraces decentralization to increase business transparency, improve decision-making skills, and increase autonomy. The rise in ETH prices also contributed to the widespread adoption of blockchain, as its value grows steadily over time, increasing customer trust. However,…
Popular cryptocurrency analyst Miles Deutscher has caused controversy during the bull market by swapping altcoins for other coins with more upside potential. He recommends selling certain well-performing coins like Ondo, citing the potential for diminishing returns due to future token unlocks. Deutscher has moved some of his investments from SOL to ETH and expects Ethereum to perform better despite recent struggles. In line with his belief in AI, he sells FET due to lack of excitement and invests in emerging AI projects like Virtuals Protocols in hopes of higher returns. Australian crypto analyst Miles Deutscher knows how to stir the…
French lawmaker Sara Kunafo has proposed that the European Union establish a strategic Bitcoin reserve, following the example of US President-elect Donald Trump. Germany's former finance minister expressed similar concerns, lamenting missed opportunities in Bitcoin while the US made strides, with Germany selling more than 50,000 BTC in the summer instead of leveraging its potential value. pointed out the decision. French lawmaker Sara Kunafo has proposed that the European Union create a Bitcoin strategic reserve fund, following the steps of US President-elect Donald Trump. Speaking in Brussels, Knafo said EU citizens must be protected from inflation and poor economic policies.…
Investing.com – Litecoin was trading at $127.409 on the Investing.com index by 20:25 (1:25 GMT) on Wednesday, up 10.07% on the day. This was the largest single-day increase since December 2nd. This increase pushed Litecoin's market capitalization to $9.54 billion, or 0.26% of the cryptocurrency market capitalization. Litecoin's market capitalization peaked at $25.69 billion. Litecoin was trading between $123.024 and $127.415 in the past 24 hours. Over the past 7 days, Litecoin's value has increased by 16.87%. The volume of Litecoin traded in the 24 hours up to the time of this writing was $1.716 billion, or 0.92% of the…