August 2024 – Page 11 – Coins Cap News
cropped-coinscap_logo-removebg-preview.png
Loading ...

Battleground At $60,000: Bitcoin Faces Pivotal Test As Bulls Aim To Reclaim Key Support

Bitcoin News

The world’s largest cryptocurrency, Bitcoin (BTC), has struggled to maintain a foothold above the critical $60,000 price level in recent trading sessions, as the digital asset finds itself caught in a tug-of-war between bullish and bearish forces. After recovering from a dip below $49,000 earlier this month, Bitcoin has been vacillating around the $60,000 mark,…

Battleground At $60,000: Bitcoin Faces Pivotal Test As Bulls Aim To Reclaim Key Support Read More »

Hedera Developer Community Remained Vibrant In Q2 2024: When Will HBAR Turn The Corner?

Altcoin

Despite the challenges across the board, Hedera, a business-focused platform, especially in Q2 2024, continues to build and enhance its ecosystem further. According to a Q2 2024 review shared across X on August 19, analysts noted improvements made in the last quarter, pointing out how the platform performed relative to Q1 2024 and the broader…

Hedera Developer Community Remained Vibrant In Q2 2024: When Will HBAR Turn The Corner? Read More »

Bitcoin Resistance: Here Are The Challenges Ahead For BTC

Bitcoin News

Bitcoin has certain on-chain resistance levels coming up that could threaten future rallies. Here are the exact prices at which they lie. Bitcoin Short-Term Holders Have Their Cost Basis At These Levels Ahead As explained by CryptoQuant author Axel Adler Jr in a new Realized Price,” which keeps track of the average acquisition price on…

Bitcoin Resistance: Here Are The Challenges Ahead For BTC Read More »

Analyst Forecasts Bitcoin Bull Run Top With Historically Proven Indicator

Bitcoin

In a video update on YouTube, crypto analyst Rekt Capital delved into the dynamics of Bitcoin’s price movements through the lens of the PI Cycle Top Indicator, a predictive tool that has garnered attention for its historical accuracy in pinpointing the peaks of Bitcoin bull runs. Here’s How High Bitcoin Price Could Go This Cycle…

Analyst Forecasts Bitcoin Bull Run Top With Historically Proven Indicator Read More »

Ethereum Sees Major Outflow From Mega Whales – ETH Price Drops Below $2,600

Ethereum

The crypto market has been challenging, and Ethereum (ETH), the second-largest cryptocurrency, is no exception. Despite its dominant position, the token has faced significant headwinds in recent weeks, with its price showing no signs of a sustained recovery. Key Metrics Point To Continued Bearishness According to crypto analyst Ali Martinez, some of the largest Ethereum…

Ethereum Sees Major Outflow From Mega Whales – ETH Price Drops Below $2,600 Read More »

Cardano Down 90% Since September 2021, Did Smart Contracts ‘Kill’ ADA?

Cardano

At the peak of the 2020 to 2021 bull run, ADA, the native token of Cardano, rose to $3 in August. Interestingly, developers activated smart contracts around the top of this cycle after completing the Alonzo hard fork, ushering in the Goguen phase. Did Alonzo And Smart Contracts Kill ADA? However, as Atomic Wallet analysts…

Cardano Down 90% Since September 2021, Did Smart Contracts ‘Kill’ ADA? Read More »

Monday’s Crypto Leaderboard: BNB And XRP Surge Past Market Leaders

Xrp News

In a significant development, two of the top 10 cryptocurrencies on the market, Binance Coin (BNB) and XRP, have emerged as the outperformers this Monday, overshadowing the gains of industry leaders Bitcoin (BTC) and Ethereum (ETH). XRP Price Analysis XRP, the token associated with the blockchain company Ripple, has taken the lead among the top…

Monday’s Crypto Leaderboard: BNB And XRP Surge Past Market Leaders Read More »

Over 80% of Short-Term Bitcoin Holders Underwater — What This Means For BTC

Bitcoin News

Bitcoin (BTC) is currently in red regarding price performance, dragging the rest of the crypto market along with it. Amid the continuous bearish price action, the latest data has revealed that Bitcoin short-term holders now face losses compared to their initial purchase prices. Onchain data expert James Check highlighted this in a recent post on…

Over 80% of Short-Term Bitcoin Holders Underwater — What This Means For BTC Read More »

Bitcoin Holders Now Doing Loss-Taking: Sign That A Turnaround Is Near?

Bitcoin News

On-chain data shows that Bitcoin investors have ended their net profit-taking spree recently, a potential sign that a price reversal could occur soon. Bitcoin Daily Realized Profit Loss Ratio Has Dipped Below 1 Recently As explained by CryptoQuant author Axel Adler Jr in a new post on X, realized losses have started to exceed profits…

Bitcoin Holders Now Doing Loss-Taking: Sign That A Turnaround Is Near? Read More »

Ethereum Transaction Costs Hit Historic Lows: What Does This Mean For ETH?

Ethereum

According to recent insights from a CryptoQuant analyst, Ethereum’s daily mean gas price has reached an all-time low, falling to roughly 2.9 Gwei. This decline in gas prices correlates with a significant drop in daily transaction fees, which now average merely $0.85, marking a multi-year low for the network. The analyst reported that this cost…

Ethereum Transaction Costs Hit Historic Lows: What Does This Mean For ETH? Read More »

Bitcoin Price Could Surge 200% To Cross $100,000 If This Happens

Bitcoin News

A crypto analyst has predicted that Bitcoin (BTC), the world’s largest cryptocurrency could see its price surging as high as $100,000, representing a 200% increase from its current value. However, the analyst noted that this bullish projection would occur only when certain conditions are met.  Bitcoin Could Rise To $100,000 In an X (formerly Twitter)…

Bitcoin Price Could Surge 200% To Cross $100,000 If This Happens Read More »

Scroll to Top