In-depth cryptocurrency market analysis. Expert insights on Bitcoin, altcoin price trends, technical indicators, and data-driven market predictions.
"From a technical perspective, Solana (SOL) will overtake Binance's BNB to become the third largest cryptocurrency by market capitalization outside of stablecoins," Chris Burniske, former head of crypto at ArkInvest and managing partner at blockchain-focused venture capital firm Placeholder, told...
Cathie Wood, CEO of Ark Investments, is pessimistic about the May approval of an Ethereum (ETH) spot exchange traded fund (ETF), which has been a major topic of discussion in the crypto market recently. In an interview with BlockWorks on May 1 (local time), Cash Wood said that the SEC will take...
"The Grayscale Bitcoin Spot ETF (GBTC) saw net outflows of $326 million on Monday (local time)," Bloomberg ETF analyst James Seyffart told X. "We thought the GBTC outflows had slowed recently, but this was larger than we expected. "We thought GBTC outflows had slowed recently, but this is larger...
Kruger, a crypto analyst, also recently echoed the bullish sentiment, telling his 169,000 X followers, "The daily chart of Bitcoin is very bullish and I am expecting an ATH (all-time high) soon." Jonathan Dwett, chief investment officer at Melbourne, Australia-based digital asset manager ZeroCap,...
The cryptocurrency bull market is entering its final phase, according to expert analysis, Cointelegraph reports. The bull run, which began in October last year, stalled after Bitcoin (BTC) hit a record high in early March. "The crypto bull market is set to transition into its second and final...
According to data from on-chain analytics platform CoinGlass, approximately $212 million was liquidated in the Bitcoin futures market over the course of the day. The massive liquidation of long bets was driven by Bitcoin's sharp price drop in the morning. After hovering around $71,000, Bitcoin...
Marc Boiron, CEO of Polygon Labs, the developer of Ethereum's Layer 2 network Polygon, has sparked controversy by publicly sniping at Layer 3 networks as unnecessary technology. "Layer 3 is not needed to scale Ethereum and exists only to steal value from the mainnet," Boiron wrote on social media...
Dogecoin is surging more than 10% on news that X (formerly Twitter) is likely to adopt Dogecoin for payments, while Bitcoin is rising slightly. As of Monday, Dogecoin was trading at 22 cents on CoinMarketCap, a global coin marketplace, up 10.21% from 24 hours earlier. This is the highest price...
A day after U.S. prosecutors argued in court that FTX founder Sam Bankman Fried (SBF) should be sentenced to more than 40 years in prison for fraud and that he is a highly likely recidivist. "SBF lied to investors, shared fake documents, funneled millions of dollars in illegal contributions into...
In this regard, market maker GSR has lowered its May approval odds for an ETH spot ETF to 20%. In January, GSR had previously predicted a 75% chance of approval in May. According to TheBlock, GSR analyst Brian Rudick said, "There is reportedly little discussion between the SEC and issuers, and...
Ran Neuner, host of CNBC's Cryptotrader show, told X that he expects "massive volatility this week. The Coinbase-SEC (U.S. Securities and Exchange Commission) lawsuit is just the beginning. This week marks the first quarterly close since the launch of the BTC spot ETF and the largest BTC options...
14 Years Dormant Bitcoin Wallet Moves 2,000 BTC A Bitcoin (BTC) wallet that has been dormant for about 14 years has moved 2,000 BTC mined in 2010 out of Coinbase. Cryptocurrency developer @mononaut reports that a 14-year-old wallet that held a majority of the Bitcoin mined in 2010 has moved 2,000...