July 2024 – Page 31 – Coins Cap News
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Polkadot Under Fire: 20% Price Drop Follows $87 Million Spending Outrage

Cryptocurrency Market News

The winds of change are swirling around Polkadot (DOT). After a month-long slump that mirrored a broader cryptocurrency market downturn, DOT finds itself at a critical juncture. Technical indicators hint at a bullish reversal, with some analysts predicting a significant price surge for the interoperable blockchain darling. However, a recent spending spree by the Polkadot…

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German Parliament Member Urges Government To Cease Selling Bitcoin

Bitcoin News

Joana Cotar, an independent member of the Bundestag, one of Germany’s legislative chambers, has called on the government to stop the ongoing Bitcoin (BTC) sell-off, which has had a notable impact on the BTC market, resulting in a 10% drop in the cryptocurrency’s price over the past two weeks.  Bitcoin As Valuable Asset Class For…

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Bitcoin Nears Bottom? QCP Analysts Spot Signs of Capitulation as Prices Tumble Below $59K

Bitcoin News

Recent trading patterns have led QCP Capital, a prominent trading firm, to highlight potential signs of a market bottom in the crypto market. Bitcoin, the leading digital currency, recently dipped below $58,000, causing analysts to focus on the behavior of miners and their possible capitulation. Such capitulation could indicate a market bottom, similar to past…

Bitcoin Nears Bottom? QCP Analysts Spot Signs of Capitulation as Prices Tumble Below $59K Read More »

Analyst Predicts Ethereum Nosedive, Cautions Investors To Prepare For $2,700 Target

Ethereum

Amid the ongoing bloodbath in the cryptocurrency market, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has not been spared. Over the past week, ETH has experienced a significant 9% price decline, bringing it down to the $3,130 level.  As market participants closely monitor the situation, the focus now lies on crucial levels that must…

Analyst Predicts Ethereum Nosedive, Cautions Investors To Prepare For $2,700 Target Read More »

Bitcoin Traders Sink Into ‘Fear’ As Price Crashes Below $58,000

Bitcoin News

Data shows that Bitcoin traders’ sentiment has declined into ‘fear’ after the price crash the cryptocurrency has seen during the past 24 hours. Bitcoin Fear & Greed Index Is Now Suggesting A Fearful Market The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment currently held by…

Bitcoin Traders Sink Into ‘Fear’ As Price Crashes Below $58,000 Read More »

XRP Price Crashes 15%, Slips Under $0.40: Difficult Recovery Ahead

Xrp

XRP price tumbled and dived below the $0.400 support zone. The price is consolidating losses and might struggle to recover above the $0.4150 resistance. XRP price gained bearish momentum below the $0.4240 support zone. The price is now trading below $0.4250 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming…

XRP Price Crashes 15%, Slips Under $0.40: Difficult Recovery Ahead Read More »

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