Bitcoin (BTC) is expected to see an “explosive run” by the end of 2024 as recent BTC price action sets a target of $85,000.In a post on X on September 21, cryptocurrency trader, investor, and analyst Titan of Crypto predicted a “mid-point” 35% rally for BTC/USD.Trader: Bitcoin Breakout Expected ‘By Year End’Bitcoin has been on a steady rebound since dropping below $10,000 from its September support level, holding $62,000 at its weekly close.Now, the bullish BTC price prediction shows that the good times are only going to get better for the bulls. For the Titan of Crypto, the first stop…
Author: Crypto Flexs
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A cryptocurrency investor made $131.72 million by investing in Ether during the 2022 bear market and holding it for two years despite uncertain market conditions.Blockchain analytics firm Lookonchain has identified investors’ Ether (ETH) wallet addresses as Diamond Hands, demonstrating long-term losses associated with panic selling. Diamond Hands are individuals who hold onto their investments despite market volatility and price swings.source: Look on ChainAccording to Lookonchain, the investor purchased 96,639 ETH on the Coinbase cryptocurrency exchange between September 3 and 4, 2022. At the time, Ether was trading at around $1,567. Generating Revenue Through Holding Strategy As a result, whale investors…
As an analyst here Cryptonaire WeekI have been watching the recent developments in the cryptocurrency market closely. September has once again presented a challenge, with Bitcoin stuck between significant resistance levels and altcoins following suit. The current state of the market may be disconcerting to many, but a deeper dive reveals some key factors that should be looked at more closely, especially for those who want to navigate this space effectively. One of the most notable recent revelations is this: BlackrockA giant in traditional finance. BlackRock’s recent disclosure of its Bitcoin acquisition tells a deeper story. Bitcoin is not just…
Ethereum is solid at the time of writing, but is still underperforming Bitcoin. ETH is hovering above $2,400 and could hit $3,000 in the coming years, but on the other hand, the rapid rise of the world’s most valuable coin could push the ETH/BTC rate to its lowest level in months. ETH Struggles Against Bitcoin, ETH/BTC Ratio Drops to 40-Month Low As of September 20, ETH is trading at its lowest level against Bitcoin in 40 months, according to IntoTheBlock data. This trend clearly shows that the market is bullish on BTC despite institutional involvement. Interestingly, ETH is still underperforming…
Ted Hisokawa 22 Sep 2024 11:59 Circle’s ‘Unlocking Impact’ pitch competition series returns to the UN Summit, showcasing innovative projects that aim to achieve the UN’s Sustainable Development Goals. Today marks a significant event as Circle launches the fourth in its series of ‘Unlocking Impact’ pitch competitions at the UN Headquarters’ SDG Media Zone. The initiative coincides with the UN Future Summit and aims to highlight innovative solutions that leverage Circle’s technology to address the UN’s Sustainable Development Goals (SDGs), according to circle.com. Expanding global influence Debuting in New York in 2023, the Unlocking…
Since its launch, Bitcoin (BTC)’s market cap has skyrocketed by a whopping 350,000% compared to gold, the traditional safe-haven asset. There are new signals that Bitcoin is headed for another long-term price rally, heralding renewed momentum for precious metals.Bitcoin Could Grow More Than 400% Compared to Gold by 2025The BTC/GLD ratio chart compares the performance of assets and can serve as a measure of BTC adoption relative to gold. For example, a rise in the ratio reflects Bitcoin outpacing gold in terms of market cap performance, and vice versa.According to veteran market analyst Peter Brandt, the Bitcoin-to-Gold ratio could rise…
Digital asset expert Chris Burniskey believes the cryptocurrency market is ready for a new bull market after months of correction. A former crypto analyst at ARK Invest told social media platform X that digital assets had cooled off sufficiently after rallying in late 2023 and early 2024. He shared a chart posted by Real Vision analyst Jamie Coutts, suggesting that technical conditions were ripe for a new surge. “Cryptocurrencies are now moving out of a textbook ‘early bull’ reset. Don’t waver while the path is shaky, and it’s not too late to get sidelined.” Source: Jamie Coutts/X Looking at the…
Wang Long Chai 22 Sep 2024 11:05 Binance has launched a new promotion for EURI Simple Earn Flexible Products, offering up to 7% APR. Available from September 23 to October 11, 2024. Binance has announced a new promotion for Eurite (EURI) Simple Earn Flexible Products, allowing users to earn up to 7% Annual Percentage Rate (APR). According to Binance, the promotion will run from September 23, 2024 to October 11, 2024. Promotion Details Users who sign up for EURI Simple Earn Products during the promotion period will enjoy a 7% bonus tier APR in…
Cardano, the top player in the cryptocurrency market, will soon face a challenging competitor. The new competitor, currently undervalued, is expected to see a surge in price within the next year. In this article, we will explore the rising stars that have the potential to shake up the cryptocurrency market and briefly describe the coins that are expected to see significant growth. Readers will know which digital currency is about to surge. CYBRO Strengthens DeFi Investments with Smart AI Solutions Against Market Headwinds CYBRO is revolutionizing the DeFi landscape. The power of artificial intelligence Maximize your earning potential on the…
Toncoin experienced an 80% surge in large transactions, with active addresses also increasing by 30%, reflecting strong market interest. Despite these positive trends, market volatility is increasing and there are cautionary signals as the long-short ratio declines. Toncoin (TON) is gaining tremendous momentum in the crypto space. According to recent indicators, the number of large transactions has surged by 80% in the last 24 hours. In addition to the aforementioned whale surge, trading activity is also starting to pick up, with active addresses up 30% at the time of writing. A surge of celebration A high increase of 80% in…