June 2024 – Page 35 – Coins Cap News
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Binance Coin (BNB) Breaks New Ground With All-Time High Of Nearly $720

Cryptocurrency Market News

Binance Coin (BNB), the native token of the world’s largest cryptocurrency exchange Binance, has been on a tear in recent weeks. After breaking free from a period of consolidation, BNB skyrocketed to a new all-time high of $717 on Friday. Despite a minor correction, the coin remains firmly in bullish territory, with analysts predicting further…

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Chainlink Chain Reaction: Analyst Sets Sights On $33 Target

Cryptocurrency Market News

Chainlink (LINK), the oracle network powering decentralized applications (dApps), has been making waves in the crypto market. After a successful surge, the digital asset is now setting its sights on even higher ground, with analysts predicting a bullish run and price targets as high as $33. At the time of writing, LINK was trading at…

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Is A Bitcoin Crash Below $50,000 Still Possible? Crypto Analyst Shares The Possibilities

Bitcoin

The Bitcoin price has stalled after hitting the $71,000 level, floating in what is essentially a limbo of indecisiveness. Naturally, periods like these act as a predecessor to a massive move, but what direction the price might be headed in is another thing entirely. In an effort to pinpoint where Bitcoin is going, crypto analyst…

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Bitcoin & Ethereum On “Path To Acceleration,” CryptoQuant Explains Why

Bitcoin News

The on-chain analytics firm CryptoQuant has explained why Bitcoin and Ethereum have recently appeared to be on a path towards acceleration. Bitcoin & Ethereum Are Looking Bullish In On-Chain Metrics In a new thread on X, the official CryptoQuant handle discussed how some important on-chain indicators are looking for Bitcoin and Ethereum right now. The…

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Bitcoin’s Stubborn Stand Below $100K: What’s Holding It Back?

Bitcoin

Bitcoin continues to be the market leader. However, despite significant developments, such as the introduction of spot Bitcoin Exchange-Traded Funds (ETFs), the anticipated price surge to $100,000 remains ‘unrealized.’ Charles Edwards, founder of Capriole Investments, commented on this and took to Elon Musk’s social media platform X to explain the hurdles preventing Bitcoin from achieving…

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Is BRETT The New Meme Coin King? Token Surges 300% And Nears $2 Billion Market Cap

Cryptocurrency Market News

As the overall sentiment in the crypto market veers towards bullishness, leading cryptos have regained their previously lost levels and ignited further interest in meme coins. Brett (BRETT) has emerged as the standout performer, experiencing a 400% gain in the past 30 days alone.  Having launched just three months ago, BRETT now boasts a market…

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Inverted Hammer Appears On The XRP Price Chart, Crypto Analyst Picks First Target Of $0.75

Xrp

Crypto analyst Egrag Crypto has revealed a bullish pattern that recently formed on the XRP price chart. The analyst also revealed how high the crypto token could rise once it makes this move to the upside.   Inverted Hammer Forms On The Chart Egrag highlighted an XRP’s chart while noting how bullish this was for the…

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Celebrity Memecoins: Iggy Azalea And Hulk Hogan Beef Before $17 Million Rug Pull

Meme Coins

Celebrity memecoins have been the talk of the town for the past two weeks. A trend that resurged at the end of May quickly became one of the biggest narratives around the crypto community. The industry has seen controversies, rug pulls, and Vitalik Buterin’s thoughts on the celebrity token frenzy. In the phenomenon’s most recent…

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Bitcoin Investors Beware: Extreme Greed Has Returned In Crypto

Bitcoin News

Data shows that cryptocurrency investors’ sentiment has surged to extreme greed recently, a sign that may not be ideal for Bitcoin. Bitcoin Fear & Greed Index Is In The Extreme Greed Territory Right Now The “Fear & Greed Index” is an indicator created by Alternative that keeps track of the average sentiment present among the…

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Bitcoin On The Verge As Global Liquidity Nears New $100 Million ATH

Bitcoin

Philip Swift, the founder of the on-chain analytics platform LookIntoBitcoin, recently highlighted the significant increase in global liquidity, which just hit a new all-time high (ATH). Swift suggested this was a crucial indicator of how Bitcoin can rise in this bull run.  The Most Important Indicator For Bitcoin Swift claimed that the global liquidity was…

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Bitcoin ETFs Witness 18 Straight Days Of Inflows, Options Traders Eye $100,000

Bitcoin News

US spot Bitcoin ETFs have experienced a noteworthy streak of net inflows for 18 consecutive days, contributing to the upward momentum of the leading cryptocurrency as it inches closer to its all-time high levels set in March.  According to Bloomberg data, these ETFs, managed by some of the world’s largest financial institutions, have attracted net…

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