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This week, Bitcoin (BTC) reached a high of $64,000 before falling back to the current price mark below $62,000. This downward price trend raises the question of whether the leading crypto asset can reach new heights in the near future. Analysts at CryptoQuant have shared research showing that the leading crypto asset may be able to maintain its current price range and even unlock higher levels. Bitcoin at a psychological tipping point Historically, market participants have been pessimistic about losing their BTC holdings after a sharp drop in price. Conversely, if the BTC portfolio is in the green zone, investors…
8:05am ▪ 3 min read ▪ by Eddy S. Bitcoin continues to attract the attention of investors and analysts around the world. According to recent analysis, the bullish cycle of the crypto queen is still continuing. This observation is supported by several market indicators that show a sustained positive trend and a sustained explosion in 2025. Bitcoin: heading for another explosion in 2025? Recent analysis points out that despite short-term volatility, Bitcoin’s fundamentals remain strong. The high volume and movement of BTC between wallets suggests continued accumulation by institutional investors. This accumulation often portends long-term price increases. Moreover, there are…
The price of Ethereum remains in the spotlight. Over the past 24 hours, ETH has risen by 1.4%, rising from the key support level at $2,300, bringing the price to $2,411. Because of this, many are wondering: Will Ethereum maintain this upward trend? Current Ethereum price fluctuations Ethereum (ETH) is showing signs of recovery and is trading within a triangle pattern. Recently, ETH price recovered from $2,332, an important level related to the Fibonacci extension. If ETH continues to sustain above this, it could reach $2,598, which is consistent with the daily Fibonacci extension of 0.618. Trading volumes have increased…
Alvin Lang October 13, 2024 05:02 Binance announces the launch of new trading bots for certain trading pairs on the spot market to improve the trading experience for users. Restrictions are applied based on the user’s location. Binance, a leading cryptocurrency exchange, has announced a new trading bot service for the spot market, aiming to improve the trading experience for its users. The development, announced on October 11, 2024, marks a significant expansion of the trading tools available to users on the platform. New trading bot to improve your experience The new trading bot…
According to the latest on-chain data, cryptocurrency market liquidity has reached an all-time high. Here’s how increased liquidity will affect Bitcoin’s price and future trajectory. Stablecoin market capitalization hits new high — Impact on Bitcoin price CryptoQuant revealed in its latest report that liquidity in the cryptocurrency market reached an all-time high in late September, sparking discussion about the resumption of the Bitcoin bull market. Liquidity in the crypto market, measured by stablecoin value and market capitalization, currently stands at around $169 billion, according to the on-chain analytics firm. According to data from CryptoQuant, the market capitalization of major USD-backed…
Donald Trump supports decentralized finance protocols, and World Liberty Financial’s token sale will begin Tuesday morning, the former president said Saturday. What Happened: “This is an opportunity to help shape the future of finance,” President Trump wrote on social media platform X (formerly Twitter) about the upcoming token sale. The President also urged interested candidates to attend the X Spaces event on Monday regarding the token sale. .@WorldLibertyFi The token sale will begin on Tuesday morning, October 15th. This is your chance to help shape the future of finance. For more information, visit our dedicated space on Monday, October 14th…
Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. GambleFi’s Rollblock disrupts the $500 billion iGaming market, attracting Solana and XRP whales in presale, raising $4.2 million. One reason alone is enough to make a splash in today’s dynamic cryptocurrency space. That’s innovation. But new GambleFi solution Rollblock and its unique focus on disrupting the $500 billion iGaming scene puts Solana and the XRP whales head-to-head in an ongoing presale. There’s a reason! Not one, but three. The result raised a record-breaking $4.2 million, and the price soared…
Iris Coleman October 13, 2024 02:37 AMD releases ROCm 6.2.3 to enhance AI capabilities on Radeon GPUs with enhanced support for Llama 3, Stable Diffusion, and Triton frameworks, improving AI development efficiency. AMD has launched the latest version of its open computing software, AMD ROCm™ 6.2.3. It is specifically designed to enhance Radeon GPU performance on native Ubuntu® Linux® systems. According to AMD.com, this update aims to provide better inference performance for AI models, especially Llama 3 70BQ4, and will help developers bring Stable Diffusion (SD) 2.1’s text-to-image capabilities to their AI projects. It…
Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. As “Uptober” heats up in the crypto market, Ethereum is struggling, prompting whales to move their investments into Solana and Katsi. From many signs, it looks like it’s going to be an exciting month for the crypto market. There’s been a lot of “upward” enthusiasm around major coins, but rather surprisingly, Ethereum (ETH) has struggled to keep up with the trend and has drifted away from the ETH whales. As a result, one particular Ethereum whale reportedly jumped ship…
The price of Ethereum has seen very volatile trading recently, hovering between $2,600 and $2,300. However, in the midst of this, prominent crypto markets have highlighted important support levels below which could trigger further declines in the Ether market and drive prices lower. Furthermore, there are also a series of factors at play that could potentially influence the price of ETH in the coming days. Ethereum price risks further decline In a recent analysis shared on the X Platform, renowned crypto expert Ali Martinez identifies $2,300 as a key support level for Ethereum price. He noted that over 2.4 million…