Litecoin started a steady increase above $72 against the US Dollar. LTC price is now trading above $73.50 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $74.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $76.20 and $78.00 resistance levels. Litecoin price is showing positive signs above $72 against the US Dollar, like Bitcoin. LTC price...
Read More »Golden Cross on Ripple’s Chart: Will the XRP Price Skyrocket Soon?
TL;DR XRP’s Modest Gains: XRP has underperformed in the recent crypto market rally, rising only 5% compared to larger gains by Bitcoin, Ether, and Solana. Bullish Predictions: One analyst anticipates a potential “Golden Cross” for XRP, suggesting a future price surge, possibly up to $1.50 if it surpasses the $0.75 resistance level. Signs of a Slowdown: Despite optimistic forecasts, XRP is experiencing a downturn in transaction activity and some analysts warn of possible...
Read More »Analysts Believe Bitcoin Begins Early Bull Run and May Hit $50,000 This Month
Analysts are bullish on Bitcoin’s chance of rally and are suggesting that the king coin may have begun a rally and could hit $50,000 in weeks. A Bitcoin analyst has said that Bitcoin (BTC) is already displaying signs of an early bull market, while another predicts $50,000 this month. This means that BTC could end the year considerably higher than its current price of $43,573, according to CoinMarketCap. Bitcoin has gained more than 13% in the past week, continuing its bull rally. According...
Read More »L2 Crypto Project Blast Crosses $822M in TVL Ahead of Next Year’s Mainnet Launch
Blast has announced that it is hiring for senior DevOps engineer and senior protocol engineer to ensure a timely mainnet launch in February 2024. Amid the heightened demand for liquid staking on the Ethereum (ETH) network from institutional investors, Blast protocol, a layer two (L2) project backed by Paradigm venture capital and Standard Crypto, has set a new record in Total Value Locked (TVL) and community members. According to the latest market data provided through DeBank, Blast...
Read More »VanEck Releases List of 15 Predictions for Crypto Industry in 2024
One of the 2024 predictions is the emergence of at least one breakout blockchain game that will surpass a million daily active users as Web3 gaming continues to vie for mainstream adoption. Asset manager VanEck has made 15 forecasts for the crypto industry in 2024. In what it terms a “speculative expedition”, the New York-based firm touches many corners of the cryptoverse with mentions of the highly anticipated Spot Bitcoin ETFs, peak NFT season, and KYC regulations in DeFi. A Relatively...
Read More »Amazon Removes PayPal-backed Venmo as Payment Option, PYPL Stock Drops Nearly 2%
While Amazon did not provide the actual reason for not supporting Venmo as a payment option, the notable rise of web3 payment platforms could be a major factor. In October last year, Amazon.com Inc (NASDAQ: AMZN) announced that it would begin to offer Venmo, a product of PayPal Holdings Inc (NASDAQ: PYPL), as a new payment option to boost its orders on the mobile app and Amazon.com site during the festival season. Initially, Amazon announced only its US-based customers would shop with the...
Read More »UK Crypto Industry Growing Faster than the US Crypto Market
Although far behind the United States in terms of revenue and the number of users, the UK crypto industry maintains a strong pace of growth, growing much faster than the world’s largest crypto market. According to data presented by AltIndex.com, the UK crypto industry grossed $1.9bn this year, showing a massive 137% year-over-year growth. This figure is expected to double and hit $3.77bn by 2027. The Fastest-Growing Crypto Industry Among the Top Five Markets Over the years, the United Kingdom...
Read More »Meetup Becrypto à Liège
Notre meetup de fin d’année 2023 est planifié pour le mercredi 13 à 19h00. Il se tiendra au Seven Bar, 20 rue Souverain Pont à Liège, le célèbre quartier général des bitcoineurs liégeois. Comme chaque année à la même période, les présentations sont en vacances d’hiver et cèdent le pas aux rencontres, au réseautage et aux libations. Fidèles à notre amour de Bitcoin et des cryptos, nous parlerons et...
Read More »BTC Short Sellers Burn Through Billions as Bitcoin Refuses to Drop
Cryptocurrency short sellers experienced a turbulent year in 2023, grappling with mark-to-market losses amounting to $6.05 billion. These losses were primarily driven by the remarkable performance of Bitcoin and other digital currencies since the beginning of the year. Crypto Prices Soar in 2023, Short Sellers Feel the Heat According to a report published on December 5 by research firm S3 Partners, traders who have taken a bearish stance on publicly traded crypto firms,...
Read More »Bitcoin Bull Run 2.0: Surge in Price amid Subdued Interest
Despite the subdued overall interest, a group that remains consistently passionate is the die-hard Bitcoin maximalists. In recent weeks, Bitcoin price has once again captured the attention of the financial industry as it surged above $44,000, a level not seen since May 2022. However, this rally seems to lack the fervor and widespread interest that accompanied previous bull cycles, according to a Bloomberg report. Despite Bitcoin Price Growth, Interest Remain Subdued A notable indicator of...
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