Chainlink’s price has regained its bullish momentum after a period of sluggishness. Despite the temporary slowdown, the cryptocurrency has managed to remain above the $14 level in recent weeks. More notably, the LINK price has surpassed the $16 mark for the second time within a month. The question then arises – what is driving this
Bitcoin
The Bitcoin market has been buzzing with anticipation as analysts and enthusiasts eagerly await the next surge in price. Among the various predictions and models, one crypto analyst, Mags, has taken a unique approach by examining Bitcoin’s historical halvings. In a recent social media post, Mags highlighted the timeline of previous price milestones after halvings.
In the world of cryptocurrency, Ethereum has long been considered the main competitor to Bitcoin. While Bitcoin has dominated the market in terms of popularity and price, Ethereum has quietly been making its own strides. Now, a crypto analyst believes that Ethereum may soon have its moment in the spotlight, and it all hinges on
The XRP price has shown some consolidation in recent days after experiencing a significant increase of over 52% in just 18 days from mid-October to early November. The shorter time frames indicate a clear consolidation phase. However, a closer look at the 1-month chart of the XRP/USD trading pair reveals a strong bullish trend in
In the world of cryptocurrency, Bitcoin (BTC) has always been a hot topic of discussion. Recently, the controversial Stock-to-Flow (S2F) model creator, known as PlanB, made a bold prediction that has captured the attention of the crypto community. According to PlanB, Bitcoin’s price will never plummet below the $35,000 threshold again. In this article, we
A recent analysis conducted by crypto expert CryptoCon suggests a bullish outlook for Bitcoin, with a potential rally to $48,000 by early January. The analysis focuses on the Ichimoku Cloud indicator, which has a history of signaling previous price movements with considerable accuracy. The Weekly Ichimoku Cloud has been especially reliable, accurately predicting the rise
Solana (SOL) recently experienced a significant rally, breaking above the $65 resistance level against the US Dollar. This bullish move propelled SOL’s price to new heights, outperforming popular cryptocurrencies like Bitcoin and Ethereum. The bulls even managed to push the price above $68.16, creating a new high for SOL. However, after this impressive surge, the
The Bitcoin mining difficulty has once again reached a new all-time high in 2023. This crucial metric determines the rate at which new blocks are added to the blockchain at any given time. Recent data from BTC Blockchain Explorer reveals a significant adjustment at block height 818,496, resulting in a staggering 5.07% increase in the
Cryptocurrency analyst PlanB, renowned for his bullish stance on Bitcoin and the stock-to-flow model, has recently reaffirmed his optimistic long-term view on the leading cryptocurrency. PlanB believes that we might be witnessing the final days of Bitcoin trading below the $40,000 mark. In a recent analysis, PlanB emphasized the strong price surge that Bitcoin is
Shiba Inu (SHIB) burn tracker, Shibburn, has recently brought forward some serious allegations against the creator of the popular meme coin. The project claims that the creator, known by the pseudonym “Ryoshi,” has not been acting in the best interest of the SHIB ecosystem. These allegations have sent shockwaves through the SHIB community and raised
After facing rejection near the $0.740 zone, XRP started a fresh decline. There was a move below the $0.70 and $0.650 support levels. The price even dived below the $0.60 support, underperforming Bitcoin and Ethereum. Finally, the bulls took a stand near $0.572. XRP is now attempting a fresh increase, with a move above the
Bitcoin (BTC), the largest cryptocurrency on the market, has failed to consolidate and reach the $38,000 level for the third time, experiencing a 3% pullback. This has led to speculation within the community that a significant retracement may occur before the bullish momentum resumes and the next uptrend begins. Analyzing key factors Renowned crypto analyst
Ethereum, the world’s second-largest cryptocurrency by market capitalization, has shown signs of a strong recovery as its price started a fresh increase above the $1,950 resistance level. The digital asset remained stable and consolidated its gains, leading to a breakout above the $2,000 mark and the 100-hourly Simple Moving Average. A major bullish breakout was
In a historic election, Argentina has embraced a new era by electing its first-ever pro-Bitcoin President. The results of the presidential election on November 19 unveiled the victory of Javier Milei, a right-wing libertarian and a vocal advocate for Bitcoin. With almost 56% of the votes counted, Milei’s triumph marks a significant shift in Argentina’s