June 2024 – Page 8 – Coins Cap News
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Bitcoin Price Reaches Rejection Zone: Can It Overcome the Resistance?

Btc

Bitcoin price recovered above the $62,000 resistance zone. BTC must clear the $62,500 resistance zone to continue higher in the near term. Bitcoin started a recovery wave above the $61,500 and $62,000 levels. The price is trading below $63,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with…

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This Historical Ethereum Top Signal Is Yet To Appear This Cycle

Ethereum

On-chain data suggests this signal that has historically occurred around Ethereum peaks has yet to appear in the current cycle. Ethereum Foundation Wallets Haven’t Made Large Outflows This Cycle So Far In a new post on X, the market intelligence platform IntoTheBlock has discussed a pattern that Ethereum has witnessed alongside its previous market peaks.…

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Solana Eyes $200 Rebound As New Adoption-Driving Technology Debuts

Solana

The Solana Foundation recently launched two new tools to facilitate the integration of Web3 capabilities into mainstream platforms and the adoption of blockchain.  In a series of social media posts, the foundation launched “Actions” and “Blockchain Links” (Blinks), which, according to the announcement, is a step forward in allowing developers to build blockchain functionality into…

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Will Bitcoin Have A ‘Red Monday, Green Week’? Analyst Sets $63,500 Target

Cryptocurrency Market News

Bitcoin (BTC) faced a sharp price drop as the last week of Q2 began. The dramatic decline saw the flagship cryptocurrency momentarily lose its support above the $60,000 level on Monday. The drop left many investors wondering whether the bullish rally is over. However, crypto analysts remain optimistic about BTC’s performance and consider the drag…

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Pundit Is Undeterred By The Solana Price Crash, Says Price Is Headed For $1,000

Solana

The Solana bearish price action might be coming to a close, as many cryptocurrencies have started to show mixed price action in the past 24 hours. Dialing the price action further back shows Solana has been mostly bearish and has been on a price decline since the beginning of the month. Notably, the crypto recently…

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Bitcoin’s Correction Is Not Done: $54K Could Be On The Horizon, Says Top Analyst

Bitcoin News

Recent trends in the Bitcoin market have shown a significant flushing out of leverage, a process commented on by prominent crypto analyst Willy Woo. While this corrective phase has seen Bitcoin’s price fall to as low as $58,000 yesterday, it has partially rebounded, currently trading around the $61,500 mark. However, the journey could be smoother,…

Bitcoin’s Correction Is Not Done: $54K Could Be On The Horizon, Says Top Analyst Read More »

Bitwise CIO Bullish On Spot Ethereum ETFs: Envisions $15 Billion Inflows

Ethereum

In a significant development for the cryptocurrency market, asset managers are eagerly preparing for the launch of new spot Ethereum ETFs, pending approval from the US Securities and Exchange Commission (SEC).  Bitwise Chief Investment Officer (CIO) Matt Hougan has weighed in on the potential of these ETFs, predicting substantial inflows into the regulated market within…

Bitwise CIO Bullish On Spot Ethereum ETFs: Envisions $15 Billion Inflows Read More »

Crypto Research Firm Says Bitcoin Crash Below $60,000 May Not Be The End, Here’s Why

Bitcoin

Bitcoin dropped to as low as $60,000 in the last 24 hours, and although the flagship crypto has reclaimed that level, crypto research firm 10x Research predicts that BTC can still go lower soon enough. The firm also outlined several factors that support this bearish outlook.  Bitcoin Could Drop To As Low As $50,000 10x…

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10x Your Crypto Portfolio: Top Analyst Highlights 4 Altcoins To Buy

Cryptocurrency Market News

In a new video titled “If I Had To 10X My Money, I’d Only Hold These 4 Altcoins!” aimed at shedding light on potential bull market leaders, renowned crypto analyst Miles Deutscher dissected the crypto landscape to pinpoint four altcoins that he believes could significantly outperform the market. His insights came in response to a…

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