Author: cointechies

Solana price rebounded after finding support near $205.41 on Tuesday. On-chain data shows signs of recovery as SOL's daily trading volume increases and the long/short ratio reaches its highest level in a month. The bullish theory will be invalidated if the daily candlestick falls below $205.41. Solana (SOL) price recovered on Wednesday, finding support around the $205 level after falling sharply earlier in the week. On-chain data suggests a near-term rally as SOL’s daily trading volume increases and the long/short ratio reaches its highest level in a month. Solana’s technical outlook, on-chain data suggests recovery Solana price reached a new…

Check out the latest information in Spanish. Solana (SOL) has seen its rally slow in recent days, falling 23% from its all-time high (ATH) and falling more than 8% in the past day. Some investors are concerned about the short-term performance of altcoins as the cryptocurrency market retreats. Related books Solana falls to lowest level in a month Solana has been one of the leading cryptocurrencies this cycle, outperforming most of the market and grabbing headlines. Unlike most altcoins, this cryptocurrency outperformed during the retrace in Q2 and Q3, rising above its pre-bull run levels. As the fourth quarter began,…

Check out the latest information in Spanish. In a recent report, Bitwise, the crypto exchange-traded fund (ETF) issuer and asset manager, announced bold predictions for Bitcoin and the broader crypto market through 2025, highlighting the key highlighted the outstanding performance of virtual currencies. A brilliant year for Bitcoin and major cryptocurrencies Bitcoin hit an all-time high of $104,000 at the beginning of the month, marking a staggering 141.72% year-to-date gain, largely due to the historic Bitcoin Spot ETF launch in the US. His total assets reached $33.56 billion. . Other cryptocurrencies also showed impressive gains. Solana (SOL) rose 127.71%, XRP…

Binance and Coinbase ally Circle form USDC alliance to take on Tether  Fortune

Investing.com — Bitcoin was little changed on Wednesday, stabilizing from a recent sell-off as traders avoided big bets ahead of key U.S. inflation data that is likely to be factored into interest rate forecasts. The world's largest cryptocurrency remains firmly within the $90,000 to $100,000 trading range set in the past few weeks as optimism about friendly regulation under President-elect Donald Trump wanes. Ta. This week, rising geopolitical tensions in the Middle East and Asia have soured risk appetite, with widespread crypto prices posting sharp declines. The virtual currency market was also a target of profit-taking selling after performing well…

Bitcoin has soared above $100,000, but Bitwise CIO Matt Hogan says it's never too late to start investing. Despite significant price increases in recent years, mainstream skepticism remains, and companies like Microsoft are wary of adding Bitcoin to their balance sheets. Hogan emphasized that most investors do not have exposure to Bitcoin yet, suggesting that it is still too early for investors to jump in now. He advocates HODLing over market timing, noting that long-term profits can be made even after significant declines. With Bitcoin recently breaking above US$100,000 and hitting a new all-time high of US$103,900 (AU$162,889), it may…

Check out the latest information in Spanish. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, appears to be in the spotlight as analysts monitor market indicators that indicate ETH's likely next move. Recent data from CryptoQuant highlights patterns of accumulation and exchange-traded fund (ETF) inflows, detailing the potential trajectory of Ethereum, which has underperformed compared to Bitcoin in the current cycle. Masu. Related books Analyzing trends in reserves and ETF inflows In a series of posts shared on social media platform X, CryptoQuant analysts analyzed key metrics for Ethereum. One notable observation was the balance of Ethereum in accumulation addresses.…

Ripple CEO Brad Garlinghouse said NYDFS has approved the launch of Ripple's stablecoin RLUSD. XRP price rises 9% as Ripple predicts that RLUSD could reach a market cap of USD 2 trillion by 2028. Changes in SEC leadership and pending ETF approval suggest the future of XRP and crypto regulation is bullish. Ripple’s stablecoin ambitions have just become a reality, as CEO Brad Garlinghouse said in X that regulators approved the project. According to a post on December 11, Australian time, the New York Department of Financial Services (NYDFS) has given the green light for the launch. CEO Garlinghouse Announces…

Matthew Siegel links the recent altcoin rally to Bitcoin's rise above $100,000 and predicts Bitcoin will rise further before reaching its all-time high. The Altcoin Season Index is currently at 63, indicating an upcoming rally for Bitcoin. Top altcoins such as Hedera and Stellar have shown significant gains in three months. Despite the market being slightly down, analysts like JA Marthun see the current decline as a strong buying opportunity for assets including Bitcoin. As traditional asset returns decline, investors are increasingly turning to alternative assets such as Bitcoin, potentially reshaping their investment portfolios. Matthew Sigel, Head of Digital Assets…

SINGAPORE, Dec. 10, 2024 (GLOBE NEWSWIRE) — FBS, a leading global broker, is highlighting the return of altseason, a phase in the cryptocurrency market characterized by increased attention to altcoins. The 2024 Alternatives Season reflects evolving trends in blockchain innovation, including projects like Fetch.ai that integrate AI into decentralized applications and layer 2 solutions like Arbitrum that enhance scalability. Additionally, meme coins such as Dogecoin continue to engage with the community and further diversify the market landscape. FBS analysts attribute this alternative season to technological advances, regulatory clarity, and hopes for Bitcoin ETFs to broaden the appeal of cryptocurrencies. Altcoins…