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Crypto analyst Justin Bennett is seeing a familiar pattern in Bitcoin’s price chart, one that he believes could signal a significant price increase. A Bullish Pattern Emerges Bennett, who boasts a large following on X (formerly Twitter), points to an “ascending channel” forming on Bitcoin’s daily chart. This pattern, characterized by higher highs and higher…
A crypto analyst spotted a strong buy signal for Bitcoin. Let’s break it down. Bitcoin’s 4-Hour Chart Shows a Buy Signal A technical indicator called the TD Sequential flashed a “buy” signal on Bitcoin’s 4-hour chart. This means the downward trend might be ending, and a price bounce could be on the way. Specifically, a…
Bitcoin recently hit a new all-time high, but then dropped over 11%. What’s the worst that could happen? Let’s explore. Historical Patterns: Weeks 6, 7, and 8 A crypto analyst, Rekt Capital, looked at Bitcoin’s history. He noticed something interesting: weeks 6, 7, and 8 after a new high are often tricky. Looking back at…
XRP, the cryptocurrency behind Ripple, is seeing a massive surge in the number of active wallets. This growth significantly outpaces giants like Bitcoin and Ethereum. Rapid Adoption of XRP Data from Santiment, a blockchain analytics firm, reveals a huge increase in the “Total Amount of Holders” for major cryptocurrencies over the past couple of years….
Ethereum’s price hasn’t quite cracked the $4,000 mark, but something big is happening behind the scenes. BlackRock’s Ethereum ETF just hit a major milestone: it now holds over one million ETH! This shows serious institutional interest in Ethereum, even if its price hasn’t been setting the world on fire in 2024. Institutional Love for Ethereum…
Hyperliquid (HYPE), a decentralized exchange (DEX) running on its own blockchain, is facing a serious security threat. North Korean hackers have been spotted messing around on the platform. North Korean Hackers Test the Waters Security expert @tayvano noticed suspicious trading activity linked to known North Korean hacker groups. These groups have already caused over $700,000…
Litecoin’s price took a 15% tumble recently, but surprisingly, long-term holders aren’t panicking. Data shows that a significant portion of Litecoin remains locked up, indicating strong HODLing behavior. Who’s Holding the Litecoin? The Litecoin team analyzed the distribution of Litecoin across different investor groups based on how long they’ve held their coins: Traders: These are…
Coinbase, a major US crypto exchange, recently shared its predictions for the top five crypto trends to watch in 2025. Their report paints a picture of a maturing and evolving crypto market. Stablecoins: The Killer App Coinbase believes stablecoins are just getting started. They see them as crypto’s “killer app,” moving beyond simple trading to…
Bitcoin veteran Samson Mow predicts a massive shift in Bitcoin’s price movement. He believes we’re on the verge of seeing daily price swings far exceeding what we’ve seen before. From “God Candles” to “Omega Candles” Mow uses the term “god candle” to describe a $10,000 daily price jump in Bitcoin. He suggests that the next…
Altcoins might be facing a rough patch, according to Glassnode co-founders Jan Happel and Yann Allemann. They’re warning that the recent market correction could spell the end of the altcoin rally that started late last year. Altcoins Losing Ground to Bitcoin Happel and Allemann, known as “Negentropic” on X, point to Bitcoin’s rising dominance as…
