July 2024 – Page 19 – Coins Cap News
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Crypto Analyst Predicts Bitcoin Decline From Here, But What Happens Next?

Bitcoin

The Bitcoin price has crashed back toward the $56,000 level after a brief pump triggered by the CPI data release on Thursday, showing that inflation rates came out at 3%, lower than expected. This bearish trend has continued despite desperate attempts from bulls to keep the price up. Even then, one crypto analyst does not…

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Is Ethereum (ETH) About To Retest $4,000? Analyst Foresees 3x Rally

Cryptocurrency Market News

Amid the market slowdown, crypto analysts believe Ethereum (ETH) might be ready to retest key resistance levels again. Meanwhile, investors are expectant about the second-largest cryptocurrency performance as the final approval of spot ETH ETFs (exchange-traded funds) approaches. Is Ethereum ETFs Approval Already Priced In? The upcoming approval of spot Ethereum ETFs has crypto investors…

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Bitcoin Recovery Stalls As HODLers Apply Selling Pressure

Bitcoin News

On-chain data shows that Bitcoin long-term holders have potentially been selling recently, something that may explain BTC’s continued bearish momentum. Bitcoin Exchange Inflow CDD Has Registered Huge Spikes Recently As an analyst in a CryptoQuant Quicktake post explained, old cryptocurrency tokens have recently been deposited in large quantities in centralized exchanges. The on-chain metric of…

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Market Strategist Predicts 32% Stock Market Crash, How Will This Affect Crypto?

Crypto

Peter Berezin, chief global strategist at BCA Research, has predicted that the stock market will experience a significant crash by 2025. His prediction is noteworthy, given the impact that a decline in the stock market could have on the crypto market. Market Expert Predicts 32% Crash In Stock Market Berezin mentioned in an interview that…

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XRP Price Eyes Colossal 280% Breakout Amid CME Group Partnership

Xrp

The XRP price has outperformed its peers among the top ten largest cryptocurrencies on the market, experiencing a significant surge of 13.5% in the past week alone after experiencing a sustained decline from its yearly high of $0.745 in March.  With an eye on a key Fibonacci level, the eighth largest cryptocurrency by market capitalization,…

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6,400 Ethereum Mystery Move Sparks ETH Rally Talk Pre-ETF Nod

Cryptocurrency Market News

As more and more investors choose to keep their Ethereum assets frozen rather than actively selling them, the Ethereum ecosystem suddenly finds itself severely short of supplies. The second-largest cryptocurrency in the world could face serious challenges going forward depending on the planned behavior of market players. Ethereum Supply Tightens Up The first sign of…

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Is $73,000 The Top For Bitcoin? Analyst Identifies Where BTC Is In This Cycle

Bitcoin

In March, Bitcoin hit an all-time high above $73,000, sparking debates amongst market watchers and analysts about whether the cryptocurrency  has hit its top this cycle. However, a crypto analyst has provided an in-depth analysis of Bitcoin’s recent price movements and future outlook, suggesting that the pioneer cryptocurrency still has substantial upside momentum ahead.  Analyst…

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Litecoin Is A Hub Of Whales: Over $2.85 Billion Of $100,000 Transactions Processed

Litecoin

Litecoin has been under intense selling pressure in the past few months. After peaking in April, the coin has been trending lower, looking at the arrangement in the daily chart. There is strength at spot rates. So far, LTC is up 20% from July lows and continues to peel back losses. The expansion in price…

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Cardano Moves Toward $0.4233, Will ADA Maintain Its Uptrend?

Cardano

Cardano (ADA) lately has been steadily climbing toward the $0.4233 resistance level. This upward movement which has persisted for a while now is raising curiosity among market participants as to whether the crypto asset can continue to maintain its bullish momentum and break through this significant resistance level.  Also, Cardano’s recent price performance has showcased…

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$36 On The Crosshair: Injective (INJ) Captures Analyst’s Attention

Cryptocurrency Market News

Injective, or INJ, has lately been causing waves in the crypto scene. Many analysts are hopeful about its future even if it has lately dropped. At $20.45 right now, INJ has a market capitalization of $1.91 billion and a daily trading volume of $375.74 million. Analyst Upbeat About Injective Respected expert Jonathan Carter feels INJ…

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Spot Ethereum ETFs FOMO: Tron Founder Justin Sun Drops $5 Million On ETH

Ethereum

Ethereum (ETH), the world’s second-largest cryptocurrency.  Tron Founder Buys $5 Million Worth Of ETH In an X (formerly Twitter) Ethereum transaction allegedly executed by Sun. According to the analytics platform, the Tron founder had supposedly spent $5 million to buy 1,614 ETH tokens at an approximate price of $3,097 per ETH.  Spot On Chain revealed…

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