While the Bitcoin price continues to record profits, it is showing signs of exhaustion on lower timeframes. However, when zooming out and considering recent data, it becomes clear that cryptocurrencies have experienced a massive rally over the past few months, with the potential for further gains. As of now, Bitcoin is trading at $34,800 with
Bitcoin
Ripple CEO Brad Garlinghouse is eagerly anticipating the upcoming DC Fintech week, where he is expected to make some significant announcements and engage in heated discussions. Garlinghouse is known for his active involvement in the crypto community, and he has been dropping hints and teasers about the upcoming Ripple Swell 2023 event scheduled for November
XRP, the popular cryptocurrency, has been experiencing significant strides in recent trading hours, providing a promising outlook for investors and traders. Despite a sharp rise, the hourly chart indicates a bullish trend, with the price of XRP hovering around $0.696533. According to CoinGecko, there has been an impressive 8.9% increase in the past 24 hours,
Ethereum (ETH) has been making waves in the investment world, with its price inching towards the $1900 mark. As part of the broader market rally fueled by Bitcoin, ETH has seen a 5.85% increase in the last seven days, contributing to a total price surge of 15.17% in the last four weeks. However, it is
The Bitcoin price performance in October has undoubtedly been one of the most promising and encouraging stories in the cryptocurrency market. Despite some bearish projections for the premier cryptocurrency, analysts like Mags have remained optimistic about Bitcoin’s performance in November and beyond. In this article, we will delve into the insights offered by Mags and
Polygon (MATIC), a Layer 2 (L2) blockchain network, has witnessed remarkable growth in the third quarter of 2023. One of the most notable achievements is the significant increase in non-fungible token (NFT) sales. According to a report by Messari, Polygon experienced a staggering 131% quarter-on-quarter increase in weekly NFT sales volume, reaching an impressive $20
The Solana price has experienced a remarkable surge from its yearly lows, reaching new heights due to a spike in volatility. This sudden bullish momentum has left some market participants in disbelief, while others eagerly tried to capture profits. At the time of writing, Solana, abbreviated as SOL, is trading at $40, demonstrating sideways movement
Metrics play a crucial role in determining the health and vitality of a blockchain network in the realm of cryptocurrencies. When examining Cardano’s performance in the third quarter of the year, it becomes evident that some metrics presented a less-than-stellar picture. However, there are emerging indicators that suggest the potential for a positive turnaround. In
It has become increasingly essential to monitor Bitcoin’s response to specific macroeconomic events. The CEO of Lumida Wealth, Ram Ahluwalia, recently weighed in on the potential impacts of a failed Treasury auction on Bitcoin. As an SEC registered investment advisor specializing in alternative investments and digital assets, Lumida Wealth brings a unique perspective to the
A solo Bitcoin miner has achieved a remarkable feat by claiming a $200,000 block reward, sparking intrigue among fellow miners and crypto enthusiasts. This milestone emphasizes the potential for lone miners to effectively compete with larger mining operations, challenging the dominance of mining pools. On October 28, a software engineer and admin of Solo Ckpool,
