Kryptowaluty - wiadomości

Bitcoin has yet to rally in October, with many bullish proponents awaiting the resumption of an uptrend. Among those closely monitoring the price action in anticipation of an uptrend is a well-known analyst on the social media platform X. This analyst, who goes by the name Ash Crypto, recently highlighted a striking similarity between Bitcoin’s current price behavior and a notable pattern observed earlier in 2023. Ash Crypto pointed to Bitcoin’s decline in early October 2023, which ultimately reversed into a multi-month rally to its current all-time high. Explaining The Similar Price Action October 2023 was the turning point for the price of Bitcoin and many cryptocurrencies. It was during this month that the crypto industry finally broke out of a lengthy bear cycle, with Bitcoin heralding the charge toward renewed optimism and significant price gains. Related Reading: Crypto Analyst Says Solana-Based BONK Is In Prime Position For Legendary Rally For the first time since January, [...]

A CryptoQuant analyst using the pseudonym “tugbachain” has recently shed light on a key trend within the Bitcoin market. Posting on the CryptoQuant QuickTake platform, the analyst focused on the Market Value to Realized Value (MVRV) ratio, an important metric in the Bitcoin market. According to tugbachain, the MVRV ratio shows a historical downward trend. Should this trend continue or get breached, it may lead to a major impact on Bitcoin. Related Reading: Bitcoin’s NVT Cross Signals a Local Top – Is a Major Correction Looming? MVRV Ratio And Its Impending Impact On Bitcoin The MVRV ratio, as explained by tugbachain, is a tool used to gauge whether a cryptocurrency is overvalued or undervalued. This ratio is calculated by comparing the market value to the realized value of Bitcoin, providing insights into investor behavior and market trends. The analyst highlighted that the MVRV has proven useful in identifying market tops, bottoms, and notable peaks and troughs over the years. The [...]

Crypto activity is dynamic, and with over two million tokens (and growing), it is hard to know precisely which of these coins will pump and on which network. Admittedly, meme coins have been dominating headlines, especially on Solana. From MooDeng to Bonk and Pepe, traders are on the lookout.  Meme Coin Trader Misses A $25 Million Payout In the past week, eyes have been on Sui Network, a modern blockchain that claims to process over 50,000 transactions every second (TPS) and is faster than Solana. The spike in activity results from the success of what’s arguably one of the largest meme coins in its ecosystem. Related Reading: Aptos (APT) Jumps 11% Following Acquisition Of Japanese Blockchain Developer HashPallette After launching nearly six days ago, Sudeng (HIPPO) is on fire, posting impressive higher highs. The surge over this time has pushed HIPPO’s market cap and, thus liquidity, higher, looking at swaps at Sui Network‘s decentralized exchange, Cetus 4. Changing hands at over [...]

The late cryptographer and privacy advocate is in the spotlight because bettors on Polymarket think he may be identified as Satoshi Nakamoto. 

Igor Runets, owner and CEO of Bitriver, commented on the growth potential of the Russian bitcoin mining industry following the approval of the mining law in the country. Runets stated that, due to the several advantages provided by the law, the Russian bitcoin mining industry could reach parity with the U.S. in two to three […]

BBVA, one of Spain’s largest financial institutions, has announced plans to launch its stablecoin product by 2025. The organization is currently in the sandbox stages and will be developed in partnership with credit giant Visa as part of one of the first projects using its services to launch stablecoins. BBVA Plans to Launch Stablecoin in […]

Despite being in a downward trend all week, Floki (FLOKI) remains significantly bullish, according to a crypto analyst. Basing his analysis on similarities between past price movements, the analyst has outlined a master plan for Floki, predicting that the popular meme coin and Shiba Inu competitor is set for a 2,000% surge.  Analyst Reveals The Floki Master Plan In a recent X (formerly Twitter) post, crypto analyst, ‘Master Kenobi’ discussed Floki’s past price movements, identifying a unique recurring chart pattern that could indicate a future price spike for the cryptocurrency. The analyst predicted that if Floki can continue this recurring pattern, a massive price pump could happen around October 22.  Related Reading: Crypto Capo Returns After 2 Months To Predict Ethereum Decline To $1,800, Is It Time To Go Long? According to the analyst, the Viking-themed meme coin experienced a sharp rise of about 92X over 112 days starting from July 5, 2021, followed by a long decline spanning [...]

CleanSpark’s hashrate increased from 9.6 EH/s to 27.6 EH/s over the past year, driven largely by strategic acquisitions that boosted its mining capacity.

With dozens of layer-1 blockchains on the market, communication between networks has become a significant pain point for the broader adoption of Web3-based applications. 

The bullish jobs report adds fuel to hopes for an “Uptober” and fourth-quarter rally in Bitcoin’s price.

According to CryptoQuant, the current Bitcoin network difficulty is 88.4 trillion — down from the 92 trillion recorded on Sept. 20, 2024.

Following a volatile week, Bitcoin (BTC) has once again captured the attention of investors as it fluctuates between bearish and bullish sentiments. Earlier this week, the leading cryptocurrency retracted to the $59,800 mark after reaching a two-month high of $66,500 at the end of the previous week. Despite these fluctuations, analysts express confidence that Bitcoin could reach new records by year’s end. Could Bitcoin Prices Rise As Year-End Approaches? As noted in a recent CNBC report, a recent resurgence in demand for Bitcoin exchange-traded funds (ETFs) offers a glimmer of hope for the cryptocurrency’s price in the medium term.  Related Reading: XRP Macro Charts Signal Explosive Bullish Move Despite SEC Appeal: Analyst However, demand for BTC remains stagnant and needs a significant boost to facilitate any upward movement in its price. John Todaro, a crypto analyst at Needham, emphasized that a significant weekly buying demand is essential for a significant price increase. He told [...]