The asset returned to the $0.50 zone where it has sideways and bounced several times. XRP could remain in this zone for some time, following historical patterns. The price of XRP, the cryptocurrency issued by the Ripple company, has fallen more than 10% in the last 24 hours. With this movement, it returned to a … Read more
According to the CEO of CryptoQuant, the market has never seen so much bitcoin accumulation. The outflows of money from ETFs and the conflict in the Middle East generate downward pressure on the asset. Bitcoin (BTC) is trading this Thursday, October 3, near $60,000. As of this publication, it remains above that price mark. This … Read more
The global crisis situation makes investors become conservative. In the medium and long term, bullish expectations remain in force for bitcoin. For the third day in a row, bitcoin (BTC) is testing $60,000 (USD) as support. This occurs after the perceived decline in the escalation of the war between Israel and Iran this week. Thus, … Read more
Bitcoin’s downward reaction to the war does not disarm its bullish thesis. Bitcoin has the ability to act as a safe haven asset, the analyst highlights. Financial markets have retreated this week as a result of the war in the Middle East involving Israel, Iran, Lebanon, Hezbollah and other armed organizations. In this way, they … Read more
SUI, TAO, and OP are some of the cryptocurrencies Grayscale watches. These cryptocurrencies “have great potential in the quarter,” according to the company. With the arrival of the fourth quarter of 2024, Grayscale has renewed the quarterly list of the 20 digital assets that it considers to have high performance potential. This company, an issuer … Read more
According to the historical behavior of bitcoin (BTC), it may be entering a bull market phase, motivated by 2 key factors. This is highlighted by the Brazilian investment company Hashdex. In a report on the matter, the company indicates that, since the first halving of the digital currency in 2012, BTC has followed a pattern … Read more
They argue that they seek to “protect users and maintain a high-quality trading market.” Excluding a trading pair does not affect the availability of tokens on Binance Spot. This Wednesday, Binance, the largest cryptocurrency exchange by trading volume, announced the removal of four trading pairs due to lack of liquidity and low trading volume. The … Read more
Bitcoin could hit a long-term low after October ends. The pullback to 60,000 is not a surprise, for Ng. Beyond the bullish expectations that abound about bitcoin (BTC) for October, there are factors that still show headwinds. “Investor eyes are eagerly set on October or, as it is known among cryptocurrency circles, uptober”, indicates financial … Read more
Bitcoin behaves as a “risk asset”, but has rapid recoveries. The price of oil skyrockets due to the possibility of greater shortages. October started “on the wrong foot.” A few hours into the tenth month of the year, war conflicts in the Middle East, Russia and Ukraine escalate to new heights. There are even those … Read more
October is historically one of the most bullish months for bitcoin, along with February. For this reason it has earned the nickname ‘uptober‘ (play on words in English that can be translated as “bullish October”). The following graph, taken from the platform CoinGlassshows that, since 2013, bitcoin had 9 positive Octobers and only 2 slightly … Read more