Markets

Bitcoin’s meteoric rise continues as its total market value surpasses $1 trillion, fueled by a surge in price to over $51,000 on February 14th. This increase follows rising interest from not just individual but also institutional investors, propelling Bitcoin to sustainable price appreciation despite significant challenges. Despite the latest milestone, data suggests an ongoing battle among traders revolving around the asset’s $50,000 market value. At such psychological...

[unable to retrieve full-text content]CoinspeakerBitcoin Surpasses $51K, BTC Reaches $1T Market Capitalization Optimism about Bitcoin price prospects is palpable among industry figures. Arthur Hayes has predicted a BTC climb to $70,000 by year-end, emphasizing his bullish stance on Bitcoin's prospects. Bitcoin Surpasses $51K, BTC Reaches $1T Market Capitalization

[unable to retrieve full-text content]CoinspeakerWeb3 Gaming Projects Set for $175M Token Unlock Schedule in February, SAND Price Slides Despite a broader market uptrend, The Sandbox’s SAND token dipped around 3%. Web3 Gaming Projects Set for $175M Token Unlock Schedule in February, SAND Price Slides

[unable to retrieve full-text content]CoinspeakerRobinhood Strong Performance Boosts HOOD Stock amidst Crypto and Trading Rebound Robinhood outlined its 2024 expense plan, which includes investments in new products such as a professional trader offering on its website, index options, and futures. Robinhood Strong Performance Boosts HOOD Stock amidst Crypto and Trading Rebound

Solana price started a downside correction from the $115 zone against the US Dollar. The price is now trading above $102 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $109 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $109 and $106 support levels to start another increase. Solana price is trading above $106 against the US Dollar, like Bitcoin. SOL is...

Bitcoin price started a downside correction from the $50,450 zone against the US Dollar. The price is now trading above $46,500 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $49,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $48,500 support zone. Bitcoin price is correcting lower below $49,800 against the US Dollar. BTC might...

Founders Fund, the venture capital enterprise founded by billionaire Peter Thiel, is reportedly reinvesting in Bitcoin and Ether, as per reports. This move by the San Francisco-based venture capital firm, which has roughly $12 billion in total assets under management as of 2023, marks a resurgence of Silicon Valley’s interest in the crypto market. Silicon Valley’s Crypto Comeback According to sources familiar to Reuters, Founders Fund dedicated $200 million in the past year...

The Crypto Fear and Greed Index, a tracking tool for market sentiment in crypto, has surged as high as 79 out of 100, hitting a level not seen since Bitcoin peaked at $69,000 in November 2021. The increase, observed on February 13, comes as Bitcoin surpassed the $50,000 mark a day earlier. Crypto Fear and Greed Index Hits ‘Extreme Greed’ For the first time in more than two years, the Crypto Fear and Greed Index is in the “extreme greed” zone, which happens when the value of...

Bitcoin’s price has finally created a new higher high, following weeks of consolidation and correction. This has caused many investors to believe that a new all-time high will be created in the upcoming months. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has broken above the key $48K resistance level after a previous rejection. Bitcoin is currently targeting the $52K resistance level in the short term. Meanwhile, the Relative Strength...

Ethereum’s price has been rallying aggressively over the past few days. Yet, the market is approaching a strong resistance level that could determine the mid-term fate of ETH. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been rallying since a rebound from the $2,200 zone. The $2,400 resistance level has also been broken with ease. Currently, ETH is climbing toward the $2,700 resistance level and the higher boundary of the large ascending...