Bitcoin’s price experienced a massive drop yesterday, fluctuating over 10% in 24 hours. While the cryptocurrency has yet to break below any significant support level, analyzing the root of this move and what it means for the market is essential. Yesterday’s crash, albeit caused by a questionable report, provides some insightful data from a technical perspective. Technical Analysis By TradingRage The Daily Chart On the daily chart, it is evident that the price has been...
Read More »Im April 2024 findet das nächste Halving statt
Das sogenannte Bitcoin Halving (dt. Halbierung) ist eine regelmäßige Halbierung der Belohnungen in Form von Bitcoin, die die Miner für die Bereitstellung ihrer Rechenkapazitäten erhalten. Diese Belohnung wird in Form von Bitcoin ausgezahlt. Das nächste Halving-Event im April 2024 ist ein bedeutendes Ereignis in der Welt der Kryptowährungen, insbesondere für Bitcoin. Das Halving, das ungefähr alle vier Jahre stattfindet, ist ein Mechanismus, der in...
Read More »Warum sie 2024 einen Bitpanda Account eröffnen sollten
Das Jahr 2024 markiert eine aufregende Zeit für digitale Innovationen und finanzielle Möglichkeiten. Eine der herausragenden Plattformen, die Aufmerksamkeit verdient, ist Bitanda. Hier sind einige überzeugende Gründe, warum die Eröffnung eines Bitanda-Accounts in diesem Jahr eine kluge Entscheidung ist. 1. Fortschrittliche Technologie Bitanda hat sich durch die Implementierung neuester Technologien in der Blockchain- und Kryptowährungswelt hervorgetan. Die Plattform bietet verbesserte...
Read More »EOS Price Analysis: Upsides Could Be Capped Near $0.825
EOS price started a fresh decline after it failed to clear $0.900 against the US Dollar. The price is now trading below $0.825 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.860 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.804 and $0.825 resistance levels. EOS price is struggling below $0.825 against the US Dollar,...
Read More »Litecoin (LTC) Price Analysis: Can Bulls Protect This Uptrend Support
Litecoin started a fresh decline from the $78.00 resistance zone against the US Dollar. LTC price is now trading below $70.00 and the 55 simple moving average (4 hours). There was a break below a key contracting triangle with support at $72.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down unless the bulls protect the $60.00 support zone. Litecoin price is struggling below $70.00 against the US Dollar, like...
Read More »Radiant Capital Flash Loan Attack Leads to $4.5 Million Loss
Cross-chain lending protocol Radiant Capital has suffered a hack resulting in the loss of 1,900 ETH, equivalent to approximately $4.5 million, according to blockchain security and analytics firm PeckShield Inc. Radiant Capital operates as a decentralized borrowing and lending protocol featuring cross-chain functionality built using LayerZero technology. As of the latest data from DefiLlama, the protocol has around $315 million in total value locked. Radiant Capital...
Read More »Tether Eating All Other Stablecoins as Total Assets Approaches $100B
Tether’s total assets are not far away from $100 billion following a monumental rise over the past six years. The current figure for the firm’s total assets is $95.2 billion, according to its transparency report. Of that amount, $92 billion is in the dollar-pegged stablecoin, USDT. Tether Keeps Growing On Jan. 3, Tether and VanEck strategy advisor Gabor Gurbacs reaffirmed his support for the firm, adding, “Like the Bitcoin ETF, many thought I was crazy.” “USDT market cap...
Read More »Can the Cardano (ADA) Price Reach $0.80 in January? This Analyst Thinks so
TL;DR Cardano’s ADA experienced an 11% drop recently, but analysts like Captain Faibik see potential for a rally, predicting a rise towards $0.80 by the end of January. ADA’s on-chain trading volume has been on the rise, suggesting increased interest that could lead to a potential uptrend in its value. External factors, including the possibility of a US Bitcoin ETF approval and the upcoming Bitcoin halving, might positively influence ADA’s price, with some analysts...
Read More »Lyn Alden Targets $200,000 Bitcoin Price Within Next Two Years
Global macro investor Lyn Alden hopes to see Bitcoin (BTC) reach $200,000 per coin in the next two years, believing $100,000 would be a “disappointing” outcome. In a Monday episode of What Bitcoin Did, Alden assessed Bitcoin’s role within the current macroeconomic environment, and why its potential price destination may be hard to forecast between its adoption as a currency and surrounding central bank activity. Bitcoin And Global Liquidity According to Alden, Bitcoin is...
Read More »Happy 15th Birthday, Bitcoin: Here’s The Journey So Far
On this day, 15 years ago, Satoshi Nakamoto mined the genesis block of the Bitcoin network, laying the foundation for the cryptocurrency industry. Since 2009, the community has celebrated Bitcoin’s birthday every January 3, reminiscing about one of the most significant moments in crypto history. Bitcoin’s 15th Anniversary The genesis block contains the first 50 BTC earned as a reward for the transaction, which was released on Sourceforge, a web-based service offering...
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