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Bitcoin (BTC)

XRP Price Analysis: XRP Struggles Below This Key Hurdle

XRP price started a fresh decline from the $0.658 resistance against the US dollar. The price is now trading below $0.625 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.619 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.584 support zone. XRP price is struggling below $0.650 against the US Dollar, unlike Bitcoin. The price could...

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Joyeuse année halving !

Il faut bien le dire, l’année 2023 fut des plus surprenantes, non pas tant parce que le cours du bitcoin s’est apprécié de 250% pendant cette période – ce n’est pas une première – mais parce que de nouveaux usages du protocole Bitcoin ont soudainement émergé sans prévenir, mais pas sans créer quelques remous. Le 20 janvier, Casey Rodarmor lançait ainsi le protocole Ordinals qui utilise, à moindre coût [1], l’espace des données témoins...

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Here’s Why The Approval of Spot Bitcoin ETFs Could be a Sell-The-News Event: CryptoQuant

The widely anticipated approval of over a dozen spot Bitcoin exchange-traded funds (ETFs) in the United States could be a sell-the-news event that would cause the price of BTC to move in the opposite direction. According to the latest weekly report from market analytics platform CryptoQuant, the prediction is substantiated by market participants sitting on high unrealized profits from BTC’s recent ascent. A Sell-the-news Event Applicants for the spot Bitcoin ETFs have been in...

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Is the Bitcoin Bull Rally Dead? Important Pattern Starting to Shape Up (BTC Price Analysis)

Bitcoin’s price has been consolidating for a while now, failing to continue the significant bullish momentum observed over the past few months. Yet, things are still looking positive for BTC in the short term. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been aggressively attacking and breaking through resistance levels one at a time. Yet, the market is currently consolidating above the $40K level as the bullish momentum has faded away....

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These 4 Bitcoin Mining Stocks Outperformed Apple and Amazon in 2023

Apple, which announced its Vision Pro headset in June, saw its share price grow by 55% in 2023. Meanwhile, Amazon stock gained 79% as its AWS division pushed for AI-focused products. But these leading “Magnificent Seven” tech stocks did not make it into the top ten by yearly returns for 2023. The tech industry stocks that did were all Bitcoin mining stocks. Moreover, Wall Street’s top ten performers this year included not one, not two or three, but four Bitcoin mining...

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Bitcoin en 2023 : Ordinals, BRC-20, frais et censure

« L’année 2023 dans Bitcoin a été marquée par l’émergence et le succès des métaprotocoles Ordinals et BRC-20. Ce ne sont en effet pas les demandes d’ETF qui ont animé le plus les discussions au cours de cette année, mais la création et l’échange de jetons fongibles et non fongibles (NFT) par l’intermédiaire de ces standards. Cela s’explique par la vague spéculative ayant eu lieu à propos de ces...

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Ripple, Solana, Shiba Inu, or Bitcoin: Crypto Assets to Watch in 2024, According to ChatGPT Rival

2023 is at its end and can be easily categorized as a positive year for the cryptocurrency sector, especially its end. Many digital assets recorded triple- and even quadruple-digit gains, which leads to the question of what could happen in the next 12 months. According to a popular AI chatbot – Perplexity – several altcoins, alongside Bitcoin, stand out as the ones to watch in 2024. Will 2024 Be the Year of Bitcoin? As reported earlier, the primary cryptocurrency outperformed...

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Bitcoin Achieves Record-Breaking Cumulative Transaction Fees, Surpassing $100 Million: Report

As altcoins surge in various directions, it’s noteworthy that the market has not undergone a 25% drawdown in the past 12 months for 234 consecutive days, marking the lengthiest streak since 2011. Even as altcoins continued to fly across the board, Bitcoin has emerged as a winner and one of the top-performing crypto assets so far. Data also suggest that Bitcoin currently holds the top position among blockchain networks in terms of transaction fees over the past seven days....

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