Crypto index fund manager Bitwise has recently released a report predicting a bullish price for Bitcoin that would surpass its current all-time high. Despite the cryptocurrency already experiencing a doubling in price this year, Bitwise believes this upward trend will continue into the next year. According to their forecast, BTC is expected to hit $80,000
Bitcoin
The cryptocurrency market has seen significant volatility in recent times, and Osmosis (OSMO) has been no exception. However, the past three months have shown a remarkable turnaround for OSMO, signaling a strong recovery. Traders have access to multiple technical indicators that offer a complex view of OSMO’s potential future paths. These indicators create a mosaic
Arbitrum (ARB), a well-known Ethereum scaling solution, encountered a significant downtime event on December 15, causing disruptions to the network. This incident prompted an immediate investigation into the root cause and the deployment of a fix. The impact of the downtime on the network’s functionality and transaction processing remains a concern for users and stakeholders.
Cardano (ADA), one of the leading cryptocurrencies, has been gaining significant momentum in the market. With its price surging above the $0.60 resistance level, investors and enthusiasts are eagerly watching whether ADA can rally further and reach new heights. In this article, we will analyze the current state of Cardano and explore the potential factors
As the year draws to a close, the speculation surrounding the approval of Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) is reaching a fever pitch. While many anticipate that the introduction of these index funds will drive a significant surge in Bitcoin and the broader crypto market, one financial services
Shiba Inu’s layer-2 blockchain, Shibarium, recently achieved a significant milestone by surpassing 100 million transactions. This achievement has brought considerable exposure to the SHIB token, resulting in a substantial price surge. According to Coingecko, the token’s price has experienced nearly an 8% increase in the weekly timeframe, with the most significant surge occurring over the
Bitcoin experienced a notable correction at the beginning of the week, causing the price to drop back to $40,000. Understandably, this correction rattled some investors, leading them to panic sell in order to minimize their losses. However, as the selling pressure eased, the cryptocurrency’s price has been gradually recovering. Despite currently sitting at $40,000, it’s
Bitcoin’s price experienced another significant dive, testing the support zone at $40,000. Although the cryptocurrency is currently on the rise, it must surpass the $42,350 mark to establish a positive trend. Despite recent struggles, the market remains hopeful for a potential upward movement. Bitcoin currently trades below $43,600, as well as the 100 hourly Simple
The cryptocurrency market continues to captivate investors with its volatility and potential for high returns. However, a recent analysis by ETC Group’s Head of Research, Andre Dragosh, reveals some interesting insights into the current state of the market. The findings highlight the performance dynamics, profit-taking activity, and derivative trends that are shaping the crypto landscape.
Injective Protocol (INJ) has been experiencing a significant surge in social media activity, as indicated by the data obtained from AlphaScan on December 12. Over the past day and week, the project has seen a steady increase in interest, positioning itself as the second-most mentioned token on social media platforms, just behind Bitcoin (BTC). Impressively,