July 2024 – Page 34 – Coins Cap News
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Bitcoin Is Up 2X But Speculators Are Underwater: Will The Sell-off Continue?

Bitcoin News

Bitcoin is down at press time, wiping the weekend’s gains and inching closer to $60,000. If bears press on, increasing their shorts, the odds of the coin sliding below the psychological number and $56,800 remain high. Glassnode: STHs Are In Red As the world’s most valuable coin finds itself at a critical juncture, fast approaching…

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200 Million XRP Tokens On The Move, Where Are They Headed?

Xrp

On-chain transaction data shows the XRP ecosystem recently witnessed an enormous movement of 200 million XRP tokens worth $94.5 million ahead of the periodic unlock from escrow. This transaction was recorded on-chain on June 30 between two unknown wallets, indicating it isn’t an escrow unlock. Although the periodic unlock has already been completed since this…

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Longest Miner Capitulation Since 2022 Signals Potential Bitcoin Rally Ahead

Bitcoin News

Bitcoin (BTC) has recently struggled to regain bullish momentum, remaining in a consolidation phase just above the crucial $60,000 support. Despite reaching an all-time high three months ago, the largest cryptocurrency witnessed a dip to as low as $59,500 on Wednesday due to increased selling pressure from miners. BTC Selling Spree The ongoing miner capitulation,…

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British Mega Bank Standard Chartered Says Bitcoin Will Hit $100,000, Here’s When

Bitcoin

British mega bank Standard Chartered has made a bullish prediction for Bitcoin (BTC), the world’s largest cryptocurrency. The multinational bank has projected that Bitcoin will surge as high as $100,000 from its current price of above $60,000. Bitcoin To Reach $100,000 By US Election Day In a Tuesday note, Standard Chartered’s head of forex and…

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Kamala Horris (KAMA) Surges 1600% Amid Speculation Of Biden Exiting Presidential Race

Cryptocurrency Market News

In a recent report by Reuters, speculation has emerged regarding the possibility of President Joe Biden withdrawing from the race for the White House, leading to a surge in interest around the newly created Kamala Horris (KAMA) meme coin.  These developments have sparked intrigue in political circles and garnered attention within the cryptocurrency industry. Biden’s…

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Ethereum DApps On Fire: Volume Soars Over 90% — Good For ETH Price?

Cryptocurrency Market News

Ethereum (ETH) has become a beacon in the sea of blockchains, boasting a staggering 92% surge in dApp (decentralized application) volume over the past week. This news, however, comes with a layer of complexity, revealing a landscape of both opportunity and potential setbacks for the leading blockchain. Cheap Gas Fuels The Fire Analysts attribute the…

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Analyst Says Bitcoin Is Hitting Range Bottom, “Right Before The Fireworks”

Bitcoin

Crypto analyst Quinten François has provided an ultra-bullish narrative for the Bitcoin future trajectory. The analyst suggested that things are about to get interesting for the flagship crypto, predicting it could rise to as high as $4.5 million.  The “Fireworks” Are Just About To Begin For Bitcoin While highlighting the significance of Bitcoin’s fourth halving,…

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Avalanche On The Verge: Will AVAX Break Out And Reach $65?

Cryptocurrency Market News

Avalanche (AVAX), the smart contracts platform known for its fast transaction speeds, is stirring excitement in the crypto world. With a recent price dip seemingly nearing its end, analysts are eyeing a potential breakout that could propel AVAX to new highs. However, amidst the bullish whispers, experts advise a dose of cautious optimism before investors…

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