Bitcoin (BTC) has recorded a significant rally, moving away from its key support of $90,000 to reach $97,000 in the last 24 hours. This movement occurs amid the publication of new inflation data in the United States, which was lower than expected, which is why this rebound in the price of the first digital currency … Read more
ZK is approaching the lower boundary of a bullish channel and has a high chance of rebounding. The ZKsync team works in alliances to increase the adoption of this technology. ZKsync (ZK), governance token of the eponymous Ethereum rollup, consolidates a bullish channel that – if the trend continues – could take it to new … Read more
Different events that are about to take place could shake up the bitcoin (BTC) and cryptocurrency market, both downwards and upwards. “In the short term, cryptocurrency markets are primarily focused on two catalysts,” notes exchange Coinbase in a new report. These are Donald Trump’s US presidential inauguration in a week and the ongoing FTX compensation … Read more
The big current question in the bitcoin (BTC) market is how it will continue after the presidential inauguration of Donald Trump in the United States. Is a price rise coming for bitcoin after this event scheduled for January 20, 2025? Will there be strong profit taking that drags the digital currency down? What should be … Read more
Purchases on exchanges offset money outflows from ETFs. Generally, a negative capital flow for ETFs implies a drop in the price of bitcoin. Yesterday, January 13, bitcoin (BTC) exchange-traded funds (ETFs) in the United States recorded money outflows of more than $284 million and have accumulated three consecutive days in the red. According to data … Read more
Grayscale, a digital asset management firm, announced the rebalancing of its cryptocurrency funds for the fourth quarter of 2024. The company detailed that removed its holdings in Avalanche (AVAX) from its Digital Large Cap fund to increase its exposure to bitcoin (BTC) and ether (ETH)the native currency of the Ethereum network. Additionally, he allocated a … Read more
Interest in the real-world asset (RWA) tokenization industry is growing. XDC is up 7.50% over the last 7 days. For several weeks now, the XDC Network (XDC) cryptocurrency has been positioning itself among those with the highest weekly rise. And, at the time of this writing, XDC is first in that ranking, with a 7.50% … Read more
The cryptocurrency market is mostly in the red. The fall of bitcoin (BTC) near $90,000 during the current week has caused many altcoins (cryptocurrencies that are not bitcoin) to have much steeper price declines. But, in this “blood-colored” context, some cryptocurrencies and tokens are standing out. On a weekly level, that is, In the last … Read more
Inflation uncertainty in the United States is at its highest point since the economic recession of 1982. The data They note that American consumers expect “prices to increase at an annual rate of 3.3% over the next 5 to 10 years, the highest since the 2008 financial crisis.” This figure represents an increase compared to … Read more
This pattern tends to have an upward outcome for the asset’s price. Analysts project that ADA could reach $1.50 in this bullish cycle. Cardano (ADA) is one of the cryptocurrencies that has once again captured the market’s attention since Donald Trump’s victory in the United States elections. As CriptoNoticias reported, at that time, the native … Read more