As the cryptocurrency market continues to be volatile, traders are on the lookout for the best cryptocurrency to invest in today for quick gains. Bitcoin (BTC) has been showing resilience, with a rebound from last week’s lows to $65,500. This surge comes alongside a resurgence of inflows into spot Bitcoin ETFs, with net inflows reaching
potential
Cryptocurrency analyst and trader, Rekt Capital, recently shared a fascinating discovery regarding Bitcoin’s price trend. According to his analysis, Bitcoin is currently following a historical price pattern that occurred during a bull cycle eight years ago. This revelation has sparked excitement among investors, as it suggests that Bitcoin could be on the verge of significant
A recent transaction involving the third-largest meme coin by market cap, PEPE, has caught the eye of the crypto community. A wallet purchased an astonishing 1.238 trillion PEPE from Binance, totaling $10.4 million. The wallet then proceeded to withdraw the tokens in two separate transactions, indicating a significant interest in the meme coin. On-chain data
Friend.tech, an exclusive new decentralized blockchain social network, has been experiencing a rollercoaster ride in terms of its crypto token value. With a sudden drop of 4.3% in the last hour, the $FRIEND token has been facing challenges amidst a broader decline in the cryptocurrency market. Since its debut, the FRIEND token has seen significant
As the Ethereum price started a recovery wave above the $3,000 zone, ETH is now trading above the 100-hourly simple moving average. However, the digital currency is facing some hurdles along the way. Ethereum found support at $2,820 and initiated a recovery wave. The price is currently above $3,100 and the 100-hourly Simple Moving Average.
AVAX price has been showing a positive trend recently, gaining pace above the $36.50 resistance level. The cryptocurrency Avalanche (AVAX) has the potential to rise further if it manages to break above the $40.00 resistance zone. The price has been moving higher from the $30.50 support zone against the US dollar and is currently trading
The recent turmoil in the cryptocurrency market has led to significant price drops for many altcoins. However, XRP seems to be standing its ground amidst the chaos. Despite a slight dip in price, on-chain data reveals some interesting trends that may offer a glimmer of hope for XRP investors. One surprising trend that has emerged
In a recent blog post celebrating his 50th anniversary in future markets trading, Peter Brandt shared his perspective on Bitcoin, describing it as a “once-in-a-lifetime trade, never to be equaled.” Brandt, a veteran analyst and market expert, has predicted that Bitcoin has the potential to reach a six-figure digit value by 2025. He emphasized that
The crypto research platform 10x Research recently pointed out that the Bitcoin Relative Strength Index (RSI) has surged to 40%. This surge has sparked discussions among the crypto community about the potential future moves of the flagship cryptocurrency. The analysis provided by 10x Research in their newsletter titled “Fake Dip?” highlights the historical behavior of
In the first quarter of 2024, Polkadot’s blockchain protocol saw significant progress in terms of market capitalization and revenue. The market capitalization experienced a notable 16% quarter-on-quarter increase, reaching $12.7 billion. This momentum built upon the previous quarter, where Polkadot saw a 111% increase in market capitalization, reaching $8.4 billion. Despite these gains, the current