There is one day left until October begins. This is, along with February, one of the most historically bullish months for the price of bitcoin (BTC). Since 2013, bitcoin closed 9 Octobers with positive returns and only 2 slightly negative Octobers. The following graph, taken from the platform CoinGlassallows us to observe this historical behavior … Read more
The Ethena cryptocurrency (ENA) has seen a notable bullish rally, with the price rising over 12% today and over 45% in the last seven days. Ethena (ENA) price currently stands at $0.4034, consolidating in a key resistance zone. A move above the $0.41 level could propel ENA to new heights, with some analysts forecasting an … Read more
FTT is a token that has been rendered useless after the bankruptcy of the exchange. At the time of this publication, FTT leads the cryptocurrency’s weekly rise. The price of cryptocurrency exchange FTX’s FTT token saw a 94% increase in a single day, rising from $1.39 to $2.70. This phenomenon is attributed to speculation and … Read more
Exceeding USD 65,000 represents a new scenario on a technical level. For analyst Melker, the bullish phenomenon known as “uptober” is coming. According to the behavior that bitcoin (BTC) is showing, key months could be coming for its investors. This is what Scott Melker, the trader known as the wolf of all streets (the wolf … Read more
For Coinbase, the positive effect of macroeconomic measures could be delayed. The bitcoin market is showing strength to start a month that is usually bullish. Bitcoin (BTC) is close to closing September on the rise, while it remains trading within the range of 65,000 dollars (USD). Thus, demand shows strength for the beginning of the … Read more
Key facts: The influence of the main world financial power on bitcoin is undeniable. If hyperbitcoinization becomes a reality, it would upset the balance of economic power. Since its birth in the shadows of the 2008 financial crisis, bitcoin (BTC), the digital currency created by Satoshi Nakamoto, sparked a revolution: a decentralized economy, free from … Read more
Emerging markets give a clear sign of strength by having a general increase in their prices for the sixth consecutive day. “Emerging markets” are called developing economies that are experiencing rapid growth and industrial expansion, although they still have lower levels of infrastructure and financial stability than those of developed markets. In the stock market … Read more
Tracking capital flows through analysis on-chainis reflecting signs of strength for the price of bitcoin (BTC). With the recent interest rate cut in the United States, the price of bitcoin surpassed the cost base of short-term holders. This stands at 61,900 dollars (USD), according to data from the analysis firm Glassnode. It should also be … Read more
CoinEx has established itself as an innovative leader in the cryptocurrency market, providing users with advanced technological solutions and a design focused on ease of use. Its VIP program offers benefits that optimize the trading experience, thus reinforcing its commitment to providing an efficient and user-oriented environment. Main advantages of the CoinEx VIP program 1. … Read more
The publication of the personal consumption expenditure (PCE) price index in the United States this morning has raised expectations of greater liquidity for the markets. This is something that is positive for bitcoin (BTC) and cryptocurrencies. The annual PCE fell from 2.5% to 2.2%which is 0.1% below expectations. With this result, it marked its lowest … Read more