Tag Archives: cryptocurrency

Bitcoin Poised For ‘Blow-Off Top’: Elliott Wave Analysis Suggests New ATH Of $170,000

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The Bitcoin (BTC) price has recently entered a consolidation phase following significant upward movements, as the cryptocurrency market experiences heightened volatility at the start of the year.  Currently, the market’s leading cryptocurrency is hovering above the critical $100,000 milestone, with analysts suggesting that further price increases could be on the horizon. Analyst Warns Of ‘Overly… Continue reading Bitcoin Poised For ‘Blow-Off Top’: Elliott Wave Analysis Suggests New ATH Of $170,000→

Inauguration Effect? Bitcoin Whales Start Accumulating As Trump Era Begins

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Following Donald Trump’s inauguration on January 20th, Bitcoin (BTC) has remained range-bound, trading between $101,000 to $110,000. However, a new report by CryptoQuant states that behind this routine price action, Bitcoin ‘whales’ are quietly back to accumulating the premier cryptocurrency. Bitcoin Whales Back In Accumulation Mode According to the report, large BTC holders – commonly… Continue reading Inauguration Effect? Bitcoin Whales Start Accumulating As Trump Era Begins→

CoinShares Seeks Approval For Spot Litecoin And XRP ETF In Latest Market Move

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In a notable change in the crypto regulatory environment, asset managers are regaining confidence in their pursuit of ETFs. Significantly, CoinShares submitted applications for a spot XRP ETF and a Litecoin (LTC) fund, indicating an increasing enthusiasm for altcoin investment offerings. CoinShares Targets Litecoin And XRP ETF CoinShares’ submission arises as the US ETF market… Continue reading CoinShares Seeks Approval For Spot Litecoin And XRP ETF In Latest Market Move→

Bitcoin Profit-Taking Drops 93% From December Peak – What’s Next For BTC?

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After testing the low $90,000 price level multiple times over the past two months, Bitcoin (BTC) briefly broke out of its tight trading range earlier this week, reaching a new all-time high (ATH) of $108,786. However, a recent report by Glassnode suggests that the sustained consolidation observed in recent months may be nearing its end,… Continue reading Bitcoin Profit-Taking Drops 93% From December Peak – What’s Next For BTC?→

Bitcoin Could Surge To $1.7 Million, According To CryptoQuant And Glassnode

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As Bitcoin continues to establish new milestones, including a recent all-time high past the 108k mark, market analytics tools like CryptoQuant and Glassnode offer predictions for its future growth. Both sites demonstrate that Bitcoin still has a lot of room to expand. CryptoQuant predicts a price range of $145,000 to $249,000 by 2025, with Glassnode’s… Continue reading Bitcoin Could Surge To $1.7 Million, According To CryptoQuant And Glassnode→

Mark Cuban’s Memecoin Idea: 20% Float With All Proceeds Going To The US Treasury

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The recent launch of the TRUMP and MELANIA tokens, catalyzed by President Donald Trump and First Lady Melania Trump, has ignited a mix of excitement and caution within the memecoin and broader cryptocurrency community.  This frenzy has caught the attention of billionaire investor Mark Cuban, who is now contemplating the creation of his own memecoin,… Continue reading Mark Cuban’s Memecoin Idea: 20% Float With All Proceeds Going To The US Treasury→

LINK Price Soars 40% After Trump’s Crypto Venture Purchases 220,000 Tokens In 15 Minutes

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On Monday, the cryptocurrency market witnessed a significant surge in Chainlink (LINK) prices following a remarkable acquisition by World Liberty Financial (WLFI), the crypto venture associated with President Donald Trump.  Trump’s World Liberty Financial Propels LINK Price Up  In a series of rapid transactions completed within just 15 minutes, World Liberty Financial purchased 220,000 LINK… Continue reading LINK Price Soars 40% After Trump’s Crypto Venture Purchases 220,000 Tokens In 15 Minutes→

MicroStrategy Expands Its Bitcoin Empire: Acquires 11,000 BTC For $1.1 Billion

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On Tuesday, tech giant MicroStrategy purchased an additional 11,000 Bitcoin (BTC)  for approximately $1.1 billion, as disclosed by its chair and co-founder Michael Saylor in a social media post on X (formerly Twitter).  This acquisition marks the company’s 11th consecutive week of Bitcoin purchases, reinforcing its status as a significant player in the digital currency… Continue reading MicroStrategy Expands Its Bitcoin Empire: Acquires 11,000 BTC For $1.1 Billion→

Ethereum Struggles As Bitcoin Dominance Pushes ETH/BTC Pair To 4-Year Low

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Ethereum (ETH) continues to lose ground to Bitcoin (BTC) as the latter’s dominance rises, with US President-elect Donald Trump set to take office later today. At the time of writing, the ETH/BTC trading pair stands at 0.031, marking a four-year low for the ratio. ETH/BTC Continues To Decline As Trump Focuses On Bitcoin  Over the… Continue reading Ethereum Struggles As Bitcoin Dominance Pushes ETH/BTC Pair To 4-Year Low→

Ethereum Whales Control 43% Of Supply – What This Means For Retail Traders

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Large holders of Ethereum, also called Ethereum whales, have been on an accumulation trend for a while now, with on-chain data revealing a fascinating increase in their collective holdings. Particularly, data from blockchain analytics firm IntoTheBlock shows that Ethereum whales now hold about 43% of the total circulating supply of ETH. The imbalance in ETH… Continue reading Ethereum Whales Control 43% Of Supply – What This Means For Retail Traders→