Tag: crypto

Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (October 15) – ETH Is Back Above $2.5k Following A Double-Bottom Formation, Signals A Reversal

Opening this month short, ETH found solid ground after establishing support above $2.3k. This restored buying pressure as the price gradually rose with a double-bottom formation on the short-term scale.  Ethereum has continued to subject the market to a sideway move since it rejected the $2,100 level in August. It […]

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (October 15) – BTC Foots Big Moves, Will It Break Out Of Its Channel This Time?

Last Thursday, Bitcoin reestablished support above the important $60k level following a quick recovery from a small retracement phase. The price currently appears strong as it resurges on a daily scale. Bitcoin’s price is growing stronger daily but trading is still captured in a falling channel for over seven months. […]

Market Analysis

TRON PRICE ANALYSIS & PREDICTION (October 14) – TRX Eyes $0.2 But This Resistance May Pose A Little Threat

Tron’s market structure is still looking bullish from a long-term perspective. After taking a little break in buying, it recently initiated another rally after going through a short retracement. After exploding massively to a peak of $0.17 in August, TRX lost steam and retraced in the late month. This retracement […]

Crypto, News

Bitcoin And Ethereum Options Set To Expire: $1.57 Billion In Play As Key Price Levels Emerge

As the crypto market braces for the upcoming expiration of Bitcoin and Ethereum options, traders are closely watching pivotal price levels. A significant $1.10 billion in Bitcoin options and $466 million in Ethereum options are set to expire, bringing the “max pain” price into focus—$62,000 for Bitcoin and $2,500 for […]

Crypto, News

Institutional Demand For Bitcoin Surges as U.S. Spot ETFs Control $58 Billion, Sparking Market Uncertainty

The appetite for Bitcoin among institutional investors is growing rapidly, with U.S. spot ETFs now holding an impressive $58 billion worth of the cryptocurrency. This amount represents approximately 4.6% of Bitcoin’s total circulating supply. Investment giants such as BlackRock, Fidelity, and Grayscale are actively buying Bitcoin, focusing their purchases within […]

Crypto, News

Solana Sees Surge In Memecoins Creation Amid Market Fluctuations And DeFi Growth

In the last 24 hours, the Solana blockchain has witnessed a remarkable surge in token creation, with nearly 20,000 new tokens minted, predominantly memecoins. A significant portion, approximately 70%, of these tokens debuted on the platform known as Pumpdotfun, highlighting the growing trend of memecoins on Solana. 🚨 REPORT: Nearly […]

Crypto, News

Understanding Token Unlocking And Circulating Supply Dynamics In The Crypto Market

In the world of cryptocurrencies, the relationship between unlocked tokens and circulating supply can often vary significantly, influencing market dynamics and investor perceptions. While circulating supply is a standard metric, it doesn’t always directly correlate with the percentage of tokens unlocked as outlined in project whitepapers. Let’s examine several notable […]

Market Analysis

BINANCE COIN PRICE ANALYSIS & PREDICTION (October 10) – BNB Recovers Overnight Loss But Can It Overcome This Tough Resistance Zone

BNB’s outlook is becoming bullish again after losing grip above key price levels in the past month. Amid a recent bounce, it posted losses overnight but the price is slowly picking up on the lower time frame.  The $600 – $618 levels have been a critical resistance zone for BNB […]

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (October 7) – BTC Resumes Bullish After A Short Pullback, Is $70k The Next Key Target?

Bitcoin fundamentally opened this month on a short after failing to push above $67k in the previous month. However, it appears to have found a strong footing and is now climbing back on a daily scale. The recent monthly drop in Bitcoin’s price was seemingly triggered by the new conflict […]