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Contrary to usual, positive news came from the USA this time for Bitcoin and the cryptocurrency industry. Here are the details. Continue Reading: Good News from the US to Bitcoin and Cryptocurrencies This Time

Good News from the US to Bitcoin and Cryptocurrencies This Time

Bitcoin flipped its old resistance into support as Tether’s market cap continues to grow rapidly in 2024.

Tether mints another $1B mint — Last time it helped Bitcoin climb to $73K

Anthony Scaramucci, the co-founder of Skybridge Capital, remains optimistic about Bitcoin. He thinks it is still on its way to becoming widely adopted. He specifically mentions the increasing focus of institutional investors as a critical factor for that possibility. In a recent interview with CNBC, Scaramucci highlighted that the regulatory obstacles previously disqualifying large-scale investors …

Bitcoin poised for institutional boom: Scaramucci predicts rise

Dennis Lockhart, the former President of Atlanta’s Federal Reserve backs interest rate cuts this year but downplays the high expectations of early reductions in September. In a recent CNBC interview, the finance expert spoke on sticky inflation and the current movement of the Federal Reserve amid market factors. Responding to questions on the positive Consumer The post Market Experts Lock Horns on September Fed Rates Cut appeared first on CoinGape .

Market Experts Lock Horns on September Fed Rates Cut

The Bitcoin liquid restaking protocol is opening the door for Asian BTC capital to meet western projects, said founder Matt Ye.

How Lorenzo Protocol is Supercharging Bitcoin DeFi With Liquid Restaking

After having a greedy zone the previous day, the crypto market is returning to neutral today. However, the crypto market cap is still up by 1.7%, pushing the value to $2.41, the highest in weeks. The same is true in the case of popular cryptocurrencies like Bitcoin, Ethereum, and many meme coins, which have gained The post Analyzing The Most Popular Meme Coins; Buy, Sell, or HODL appeared first on CoinGape .

Analyzing The Most Popular Meme Coins; Buy, Sell, or HODL

A crypto analyst has made a daring prediction for Ethereum (ETH), setting the timeline for when the world’s second-largest cryptocurrency would embark on a significant rally to new all-time highs above $10,000. Here’s When Ethereum Will Reach $10,000 A crypto analyst identified as ‘Yoddha,’ on X (formerly Twitter) has announced the timeline for Ethereum’s ascent above $10,000. According to Yoddha, Ethereum is expected to rally massively after a period of accumulation and decline, continuously rising above $10,000 by the end of the year. Related Reading: Why Did The Bitcoin Price Rise Above $66,000 Today? The analyst’s ambitious predictions are based on historical trends exhibited by Ethereum from 2016 to 2024. He shared a chart depicting Ethereum’s price action over these years, highlighting periods of accumulation, interim peaks and volatility. Yoddha disclosed that from 2019 to 2021, Ethereum witnessed a period of accumulation marked by multiple price fluctuations, including long declines and short rallies. Following this, Ethereum surged significantly, reaching a peak of $4,867 towards the end of 2021. This price range aligns with the cryptocurrency’s all-time high of $4,878, achieved during the previous bull market cycle in 2021. Based on these historical trends, Yoddha identified a similar accumulation phase in Ethereum’s price movements during this current market cycle. The analyst noted that from 2022 to early 2024, Ethereum experienced an accumulation and slightly bearish phase. Prior to reaching a record high of $4,088 on March 12, 2024, Ethereum had experienced a bearish trend in 2022 and 2023. The cryptocurrency also faced declines on several occasions in 2024, especially around April and May. Yoddha has indicated that Ethereum has successfully concluded this accumulation and bearish period and is on track to witness a massive rally towards $15,346, extending into the end of 2024. Analyst Says ETH Could Start Altcoins Season In another X post, Yoddha indicated that Ethereum could start the upcoming altcoins season. The crypto analyst has consistently emphasized the impending launch of the highly anticipated altcoins season in 2024. He revealed that altcoins will begin to gain more attraction once the hype surrounding meme coins diminishes. Additionally, Yoddha revealed that 2024 could issue the biggest altcoins season, encompassing healthy pullbacks and new all-time highs. Related Reading: End Of The Road For BNB After 200% Surge? Mounting Resistance Threatens Rally Presently, the price of Ethereum is trading at $3,024, reflecting a 1.58% decline over the past month, according to CoinMarketCap. A surge above $10,000 will require the cryptocurrency to jump by more than $7,000, fueled by a notable uptick in investor demand and interest in the cryptocurrency as well as the potential introduction of an Ethereum Spot ETF in 2024. Crypto analyst, Ali Martinez has revealed that currently, Ethereum’s TD Sequential is presenting a “buy signal” on ETH’s daily price chart. He predicts that Ethereum could witness a rebound of one to four candlesticks from its recent price drop. Chart from Tradingview.com

Expert Sets Timeline For When Ethereum Price Will Begin Rally To $10,000

The cryptocurrency market is presently witnessing robust price movements, leading to significant portfolio increases for top crypto tokens. As Bitcoin (BTC) maintains a stable position above the $66K mark, experts suggest a positive trajectory for these tokens in the near future. However, not all sectors of the market are experiencing the same level of buoyancy. The post Solana Memecoins WIF and BOME Eyes Slump Amid Market Gains appeared first on Coin Edition .

Solana Memecoins WIF and BOME Eyes Slump Amid Market Gains

Bitcoin is aggressively testing the upper liquidity limits as market watchers spot an upcoming “golden cross” on the horizon. The latest data points reveal Bitcoin near its peak levels since the middle of April, maintaining sustained pressure. Analyzing the Golden Cross Potential The concept of the golden cross, where a shorter-term moving average crosses over

Bitcoin Sends Bullish Signals on Short Intervals: Will it Break Resistance?

The CoinDesk 20 Index is higher by more than 4% over the past 24 hours as crypto's big rally this week continues.

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