Month: January 2025

Ethereum Price Pullback Deepens: Bulls Struggle to Hold Support

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Ethereum price failed to clear the $3,400 resistance and extended losses. ETH is struggling and might continue to move down if it stays below $3,400. Ethereum started a fresh decline from the $3,400 zone. The price is trading below $3,350 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with… Continue reading Ethereum Price Pullback Deepens: Bulls Struggle to Hold Support→

Survival Of The Strongest: Bitcoin Miners Face Tough Choices As Selling Pressure Mounts

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Bitcoin journey in the new year continues to demonstrate less upward momentum, with its price recently dropping below the $95,000 price mark. Amid this movement, the market seems to be witnessing a notable trend among miners as they grapple with the effects of rising values and selling pressure. shed light on the challenges facing Bitcoin… Continue reading Survival Of The Strongest: Bitcoin Miners Face Tough Choices As Selling Pressure Mounts→

XRP Price Stays Steady: Will Consolidation End Soon?

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XRP price is holding the ground above $2.20 despite pressure on Bitcoin. The price is still consolidating and aiming for a fresh increase above the $2.320 resistance. XRP price is still in a range mode above the $2.25 zone. The price is now trading below $2.350 and the 100-hourly Simple Moving Average. There is a… Continue reading XRP Price Stays Steady: Will Consolidation End Soon?→

Whale Movements Push Shiba Inu Burn Rate To Stunning 4,100% Rise

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Renewed investor optimism and interest in Shiba Inu (SHIB) has emerged despite market volatility. This is due to a remarkable 4,100% surge in its burn rate within just 24 hours, resulting in the removal of nearly 21.7 million SHIB tokens from circulation. The cryptocurrency is once again capturing attention in the digital asset space as… Continue reading Whale Movements Push Shiba Inu Burn Rate To Stunning 4,100% Rise→

Dogecoin (DOGE) Dips: A Warning Sign or A Hidden Opportunity?

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Dogecoin started a fresh decline below the $0.350 zone against the US Dollar. DOGE is now consolidating and might recover if it clears the $0.3350 resistance. DOGE price started a fresh decline below $0.3550 and $0.350. The price is trading below the $0.350 level and the 100-hourly simple moving average. There is a connecting bearish… Continue reading Dogecoin (DOGE) Dips: A Warning Sign or A Hidden Opportunity?→

Bitcoin May Hit $1.5 Million By 2035 According To Metcalfe’s Law, Analyst Predicts

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As Bitcoin (BTC) continues its pullback into the low $90,000 range, analysts are divided on how much further the top cryptocurrency might fall before a potential bounce. However, long-term market observers remain confident, emphasizing that short-term price action does not alter their belief in BTC’s eventual rise to a million dollars or more in the… Continue reading Bitcoin May Hit $1.5 Million By 2035 According To Metcalfe’s Law, Analyst Predicts→

Bitcoin’s Current Struggles Could Set the Stage for a Major Comeback—Here’s Why

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Bitcoin market performance has faced a challenging start to the year, marked by a lesser upsurge and more bearish sentiment. Amid these fluctuations, insights from CryptoQuant analyst Avocado Onchain shed light on the current state of Bitcoin’s price movements and the factors influencing them. In a post titled “Bitcoin Price Correction: Short-Term Volatility Amid Long-Term… Continue reading Bitcoin’s Current Struggles Could Set the Stage for a Major Comeback—Here’s Why→

UK Judge Dismisses $770M Bitcoin Landfill Hard Drive Case: A Lesson for Crypto Investors

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A UK judge has dismissed the long-standing legal case of James Howells, who sought access to a landfill containing a hard drive with Bitcoin worth more than $770 million. This ends the 12-year saga for the IT engineer from Newport, Wales that captivated the cryptocurrency community all these years. Back in 2009, Howells mined 8,000… Continue reading UK Judge Dismisses $770M Bitcoin Landfill Hard Drive Case: A Lesson for Crypto Investors→

Bitcoin Accumulation Trend Score Turns Red: More Decline Coming?

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On-chain data shows the Bitcoin Accumulation Trend Score has observed a decline recently, a sign that investor cohorts have taken to selling. Bitcoin Accumulation Trend Score Is Currently Sitting At 0.21 In a new Accumulation Trend Score” refers to an indicator that tells us about whether the Bitcoin investors are accumulating or not. The indicator… Continue reading Bitcoin Accumulation Trend Score Turns Red: More Decline Coming?→

Ethereum: Analyst Says $7,000 Target ‘Is Looming’ As Price Retests Crucial Level

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Ethereum (ETH) has seen an over 10% correction from the New Year highs amid the market retrace, recently falling below the $3,300 support. Despite the ongoing pullback, some analysts remain optimistic about ETH’s Q1 performance, suggesting new highs are around the corner. Ethereum Forming Bullish Pattern Ethereum shredded its New Year gains today after falling… Continue reading Ethereum: Analyst Says $7,000 Target ‘Is Looming’ As Price Retests Crucial Level→