The recent market rally has been accompanied by a significant pullback, dampening the spirits of many investors. However, amidst this sea of red, there are a few altcoins that have managed to defy the bearish trend. Stacks (STX) is one such outlier, experiencing a remarkable 21% increase in value over the past week, according to
Bitcoin
The price of Bitcoin has been a topic of constant speculation and debate among cryptocurrency enthusiasts. As we enter the new year, experts have begun to make their predictions for Bitcoin’s performance in 2024. In this article, we will analyze the forecasts made by Ryan Lee, the chief analyst of Singaporean exchange Bitget, and examine
VeChain (VET), like many other cryptocurrencies, has experienced its fair share of price volatility throughout the year. Starting the year with a value of $0.01579, VET quickly surged by 101% in just two months, reaching a high of $0.03186 in February. However, it then went on a downtrend, hitting a low of $0.01477 later in
The price of Optimism’s native token, OP, has been facing challenges in maintaining its recent bullish momentum. Despite experiencing a significant rally, with the price going from a low of $1.2 to a high of nearly $2.5, the cryptocurrency has encountered a pullback. While OP has managed to retain a majority of its profits, it
Polygon (MATIC) has experienced a decline following Bitcoin’s pullback, which has led to a certain level of concern among investors. However, upon careful analysis, there are indications that MATIC could soon see an upward movement. Crypto analyst JB, in a video shared on the Cheeky Crypto YouTube Channel, pointed out that MATIC’s decline to a
As the crypto market prepares for the year 2024, Stu Alderoty, the chief legal officer of Ripple, a blockchain payment company, has shared three predictions on upcoming crypto regulations. These projections have the potential to impact investor confidence as the new year is expected to kickstart a new bull cycle, according to various analysts. In
Bitwise, a prominent crypto index fund manager, has made a bold prediction for Bitcoin’s future price, stating that it will surpass its current all-time high. The cryptocurrency has been experiencing a bullish sentiment, with its price doubling this year. Bitwise believes that this positive momentum will carry into the next year, as outlined in their
The price movement of OSMO has been nothing short of a rollercoaster ride, characterized by significant volatility. Over the course of the year, the cryptocurrency has predominantly experienced a bearish trend. However, the last three months have brought about a strong comeback for OSMO, indicating a phase of robust recovery. Traders are now presented with
Arbitrum (ARB), a well-known Ethereum scaling solution, recently encountered a significant downtime event, raising concerns among users and industry participants. The incident, which lasted for over 60 minutes, prompted an immediate investigation into the root cause and the deployment of a fix. In this article, we will delve into the details of the downtime, explore
Cardano (ADA) has been showing significant progress in recent days, surpassing the $0.60 resistance level. This breakthrough has brought renewed optimism to investors, as the cryptocurrency aims to continue its upward trajectory. Market experts believe that ADA could rally even further if it manages to make a clear move above the $0.685 and $0.700 resistance
As the final months of the year approach, the anticipation surrounding the approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) has generated considerable excitement among analysts and traders. While many stake their hopes on these index funds to fuel a significant price surge for Bitcoin and the broader
Recent reports have revealed that the United States Securities and Exchange Commission (SEC) has implemented a “new regulatory standard” for all Bitcoin Spot Exchange-Traded Fund (ETF) applicants while awaiting approval from the regulatory body. The SEC’s latest “Cash Redemption Model” came amid the spot Bitcoin ETF issuers ironing their filings with the US regulator. It
As the cryptocurrency market continues to evolve, JPMorgan analysts have taken a cautious stance. However, they are predicting that Ethereum (ETH) will surpass Bitcoin (BTC) and other digital currencies in terms of market price performance by 2024. This unique perspective within the institution highlights the analysts’ optimism for Ethereum and its potential compared to other
The recent correction in the Bitcoin market, which brought the price back to $40,000, has caused some investors to panic sell in an attempt to avoid further losses. However, with the selling pressure subsiding, the cryptocurrency has been slowly recovering. Despite the current price sitting at $40,000, there is a prediction by one crypto analyst