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Bitcoin (BTC)

Stellar Lumen (XLM) Price Eyes Fresh Surge To $0.125

Stellar lumen price is attempting a fresh increase from the $0.1110 zone against the US Dollar. XLM price is now trading above $0.1150 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.1140 on the 4-hour chart (data feed via Kraken). The pair could start a decent increase if there is a clear move above the $0.1180 resistance zone. Stellar lumen price is trading in a positive zone above $0.1150 against the US...

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XRP Price Analysis: Bulls Aim Fresh Increase To $0.65

XRP price is attempting a fresh increase above the $0.522 pivot level against the US dollar. The price is now trading above $0.540 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5550 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.565 resistance. XRP price is consolidating near $0.550 against the US Dollar, like Bitcoin. It must stay...

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Is BTC’s Price Impacted by the Recently-Approved Spot Bitcoin ETFs? (CryptoQuant Analysis)

Bitcoin (BTC) recently soared past the $50,000 mark for the first time since December 2021 and has remained on the rise, currently trading above $51,900. Analysts from on-chain intelligence platform CryptoQuant have attributed the asset’s rise to high demand from the recently approved spot Bitcoin exchange-traded funds (ETFs). According to CryptoQuant’s latest weekly report, an estimated 75% of new money invested into BTC is coming from ETFs, excluding Grayscale’s GBTC....

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Cardano (ADA) Soars 9% Daily While Bitcoin (BTC) Nears $52K Again (Weekend Watch)

Bitcoin faced some untypical for the weekends volatility yesterday and dropped by roughly a grand and a half, but has recovered most losses and now sits close to $52,000. Most altcoins have also turned green today, with ETH reclaiming the $2,800 level and SOL returning to $110. BTC Heads Toward $52K Again After closing last week with a 13% gain, BTC started the current one with another surge on Monday that drove it to $50,000 for the first time in over two years. The US CPI...

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Solana-Based Meme Coin WIF Explodes 16% Daily as SOL Price Challenges $110

Solana’s ecosystem has been booming in the past few months, giving birth to a number of meme coins that came to prominence only to decline and subsequently fade into oblivion. That hasn’t been the case with WIF, however, as – by all measures – it appears that the dog, indeed, still has a hat. Dogwifhat (WIF) has seen its price exceed $0.40 in the past 24 hours, surging by more than 16%, as seen in the chart below: Source: DexscreenerIt’s worth noting that WIF’s move comes...

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These Altcoins Might Outperform Bitcoin (BTC) in 2024: Perplexity

Bitcoin’s start of 2024 has been quite impressive not only in price movements but also in terms of global adoption following the approvals of nearly a dozen spot BTC ETFs in the US. With the fourth halving scheduled to take place in about two months, the primary cryptocurrency is expected to have a highly positive year, with some predictions indicating a price tag of up to $150,000, which would mean a 3x surge from this point. However, once BTC starts to head north, so do...

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Stacks Skyrockets 3,028% in Annual Revenue Ahead of Nakamoto Upgrade

Stacks, a Bitcoin Layer 2 solution, had major growth over the last year with a 3,386% quarterly and 3,028% annual increase in its revenue, reaching $637,000. The market capitalization of Stack’s native cryptocurrency, STX, experienced a significant surge of 203% quarterly and an impressive 598% year-over-year, reaching a milestone of $2 billion. Stacks Q4 Report Reveals 363% TVL Increase Messari’s “State of Stacks Q4 2023” report pointed to a 363% quarterly increase in total...

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Federal Officer Faces Charges for Allegedly Stealing Crypto Associated With Drug Fortune

A federal police officer is currently undergoing legal proceedings in the Melbourne Magistrates’ Court, facing allegations of pocketing confiscated cryptocurrency from an online drug trafficking syndicate. The committal hearing, presided over by Magistrate Malcolm Thomas, is ongoing, with the defendant’s lawyer saying the case was “circumstantial” and they would dispute the accusations. Drug Trafficking Raid Unveiled Crypto William Wheatley, the currently suspended federal...

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