Author: cointechies

BTC reaches new highs while ETH and XRP stall

Bitcoin price reached an all-time high of $106,648 on Monday, after rising 3.32% in the previous week. Ethereum price is approaching the $4,000 resistance level. A solid close above this suggests further upside. Ripple price finds support around $1.96. A closing price below this would indicate further decline. Bitcoin (BTC) price reached an all-time high (ATH) of $106,648 on Monday. At the same time, Ethereum (ETH) is eyeing a rally if it can close solidly above $4,000, and Ripple (XRP) maintains support at $1.96, but hints at a potential breakdown. I am doing it. Bitcoin hits new all-time high above…

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Bitcoin hits a new all-time high of over $106,000, where will BTC go?

Bitcoin hit a new all-time high on Monday, hitting a high of $106,648. About $120 million in derivatives positions were liquidated, according to Coinglass data. Analysts say Bitcoin is in the blue-ceiling region and BTC's next target could be $110,000. Bitcoin hit an all-time high above $106,000 on Monday, following recent developments regarding President-elect Donald Trump's strategic Bitcoin reserves and demand from institutional investors. The Bitcoin Fear and Greed Index, a measure of sentiment among traders, read 83 on a scale of 0 to 100, indicating “extreme greed” among traders. This is consistent with sentiment from last week and last…

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Solana (SOL) faces headwinds: Can the bulls regain momentum?

Solana remained stable above the $215 level. SOL price is currently recovering its losses and facing hurdles near the $228 and $332 levels. SOL price started a new rally after testing the $215 zone against the US dollar. The price is currently trading below $225 and the 100 hourly simple moving average. On the hourly chart of the SOL/USD pair (data source: Kraken), it broke above the bearish trend line connecting with the resistance at $222. If the bulls clear the $228 zone, the pair could start a new rally. Solana Price's eyes break upward Solana price formed a support…

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Ripple CTO advises against FOMO as RLUSD price surge expected at launch

Important points Ripple CTO warns against FOMO as RLUSD stablecoin launch price skyrockets. RLUSD is pegged to the US dollar and competes with USDT and USDC. Share this article The launch of Ripple's RLUSD stablecoin could result in early supply shortages that could lead to temporary price spikes, with some buyers potentially paying more than the $1 target. David Schwartz, Ripple's CTO, advised against buying out of FOMO, stressing that this is not an investment opportunity.The warning was issued after members of the crypto community discovered that RLUSD was listed at $1,200 per unit on the Xaman trading platform, far…

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