Crypto news

Crypto analyst Dark Defender has recently conducted an in-depth XRP price analysis and believes the asset could hit an ATH of $18.  The trader used several indicators and chart patterns to gauge XRP’s next price target, concluding with three potential ones. One of those patterns is the ABC Correction, which, in trading, can help traders signal temporary reversals or pullbacks in an asset’s price within a broader trend.  Hi all. We recently checked the #XRP daily frame &...

[PRESS RELEASE – Kuala Lumpur, Malaysia, February 10th, 2024] Today, dragonsworld introduces The Dragons project: the pioneering token talisman crafted by a team of crypto enthusiasts, dedicated to infusing the ancient energy of this revered symbol into the digital realm. As the Chinese New Year of the Dragon is ushered in, users are invited to join in celebrating this auspicious occasion with exclusive activities and bonuses for the inaugural Dragon holders. The Main idea of...

On-chain analysis by market intelligence platform CryptoQuant has found that selling pressure from Bitcoin miners has eased and remained low despite a significant decline in transaction fees. According to the firm’s latest weekly report, Bitcoin sold daily by miners currently sits around 300 BTC, significantly down from the companies’ 800 BTC daily sales in November and December 2023. Bitcoin Miner Selling Pressure Remains Low Bitcoin miner selling pressure has stayed low in...

Die Postfinance steigt nun endlich komplett in die Welt der Bitcoin-Services ein und lädt die Journalisten am 19. Februar nach Bern ein. Bitcoin-Börsen wie Bitpanda haben mittlereile europäische Lizenzen und gerade Bitpanda wurde damit zum Einhorn; zum Milliarden schweren Unternehmen. Nun zieht die Postfinance nach und schreibt an alle Finanzjournalisten: Wir freuen uns, Sie zu einem exklusiven Medienevent einzuladen, bei dem Sie die Gelegenheit...

Bitcoin’s positive price performances continued in the past 24 hours as the asset jumped above $48,000 and marked a new monthly peak. The altcoins are also in the green, with ETH tapping $2,500 and SOL jumping to $110. BTC on the Rise A lot can change in the cryptocurrency market within a week, and this is what happened to BTC in the past seven days. Last weekend, the asset had recovered from the most recent declines and stood at around $43,000. The next several days were...

Pandora has witnessed a remarkable surge of over 30% in the last 24 hours amid a broader market resurgence. This increase can be attributed to recent announcements by crypto wallets from renowned exchanges like Binance and OKX, which emphasized the inclusion of support for the ERC-404 token standard. The ERC-404 Token Standard Based on data from CoinGecko, the Pandora token peaked at $32,427 today, marking a 35% increase in the past 24 hours. Its current trading price is...

Bitcoin witnessed significant developments in recent weeks that have helped it extend its rally, surging past $47,000 for the first time in nearly a month. The uptick has brought a sense of relief for its investors, who recently endured a brief plunge to 38,500 and now find themselves comfortably in the profit zone amidst market recovery. Interestingly, the latest data by a CryptoQuant analyst suggests that the market is approaching a “turning point.” Where Is Bitcoin...

In a recent blog post titled ‘Points Guard,’ former BitMEX CEO Arthur Hayes made a compelling case for the emergence of “points” as a superior alternative to traditional initial coin offerings (ICOs) and yield farming with regard to crypto fundraising and user engagement. Hayes argued that points combine the best aspects of ICOs and yield farming while addressing their respective limitations. ICOs, he noted, allow retail investors to purchase a stake in a new protocol but...

Bitcoin spot ETFs recorded $400 million of net inflows on Thursday, bringing their total inflows since launch beyond $2 billion for the first time. The inflows were coupled by a surge in Bitcoin’s price late this week, taking it to $48,000 as of Friday. Bitcoin ETF Inflows Outpacing Grayscale In terms of daily flows, Thursday was the third best day yet for Bitcoin ETFs since going live on January 11. Their best performance remains the day of launch when they raked in $655...

Last week, Bitcoin managed to recover a substantial portion of the ETF-induced losses that occurred in the two weeks after their approval but then stalled at around $43,000 for several consecutive days. In fact, the asset remained at around that level from last Thursday to this Wednesday with little to no actual movements. That, though, started to change on Wednesday evening when the bulls finally stepped up on the gas and initiated an impressive leg up that resulted in...