Bitcoin price reaches a new all-time high of $106,648 on Monday but retreats afterward. The US Federal Reserve is widely expected to cut interest rates on Wednesday, but the outlook for 2025 is uncertain. US Bitcoin Spot ETFs recorded a total inflow of $2.17 billion last week, in a sign of continued strong demand. Technical indicators show signs of early bearish divergence in RSI and AO, suggesting weakness in bullish momentum.
Bitcoin (BTC) price retreats on Monday after reaching a new all-time high (ATH) of $106,648 in the early Asian session. The main factor impacting BTC price this week is likely to be the decision of the US Federal Reserve (Fed) on interest rates on Wednesday. The US central bank is expected to slash rates (a positive for risk assets such as BTC) but also signal fewer-than-previously-anticipated cuts for 2025.
The recent rally to a new ATH has been supported by continued strong inflows to the US Bitcoin Spot Exchange Traded Funds (EFTs) of $2.17 billion last week. Still, traders should remain cautious as technical indicators such as the Relative Strength Index (RSI) and Awesome Oscillator (AO) show early bearish divergence, suggesting that bullish momentum is weakening.$BTC #BTCNewATH #bitcoin☀️
USUAL According to our current Usual price prediction, the price of Usual is predicted to rise by 227.60% and reach $ 2.76 by January 16, 2025. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 87 (Extreme Greed). Usual recorded 23/30 (77%) green days with 42.42% price volatility over the last 30 days. Based on the Usual forecast, it's now a good time to buy USUAL
Ethereum Price Prediction: When Will ETH Reach $5,000?
Ethereum is once again flirting with the $4,000 mark, a critical level that has proven tough to break. As ETH consolidates, top analysts highlight its symmetrical triangle pattern—a technical indicator that often precedes a major move. Whether that move takes Ethereum higher or triggers a pullback is a question keeping traders on edge.
Adding to the intrigue, Ethereum’s fundamentals continue to show strength. The ETH network hit an eight-month high in daily new addresses, with over 130,000 being created in December. Meanwhile, liquid restaking protocols on Ethereum surged in popularity, with total value locked growing nearly 6,000% this year, reflecting a booming DeFi ecosystem.$ETH #BinanceAirdropsCATandPENGU #USUALSpotLaunch
Bitcoin price technical setups, including a "cup and handle" pattern, suggest an explosive move to $100,000-$150,000 over the coming months.
The ETH coin price has maintained its bullish price action by adding ~2% to its valuation over the past day. Further, it has surged 26.84% over the last 30 days and has a YTD return of +73.88%.
XRP Despite recording a bearish price action over the past week, the XRP coin price has surged 146.68% over the last 30 days. Furthermore, with a Year-to-Date return of +291.52%, this altcoin has outperformed top tokens this year.
Terra Luna Classic USTC Repeg Team’s Proposal Officially Passed, LUNC & USTC To $1?
LUNC News: The community pool spend proposal to provide funds to the USTC Quant team for the month of August is officially passed by the Terra Luna Classic community. The proposal was resubmitted by the USTC repeg team after it initially failed to receive minimum votes amid the Terra Station wallet issues.
Terra Luna Classic Community Passes Key Proposal Proposal 11730 “USTC / Stable Algo Quant Team” has officially passed as the Terra Luna Classic community has approved the proposal. The proposal has received proper validator voting turnout this time as the Station wallet is live and working after being down for many days.
Terra Luna Classic L1TF All Set For v2.2.0 Core Upgrade, LUNC Price Jumps 5%
Terra Luna Classic developer L1 Terra Classic Task Force (L1TF) finalizes preparation for the v2.2.0 core upgrade of the chain. The core developer team successfully tested the upgrade on the rebels-2 testnet for a week before the mainnet is expected to go live in September starting. Meanwhile, LUNC and USTC tokens are building upside momentum.
Terra Luna Classic v2.2.0 Core Upgrade Readiness L1 Terra Classic Task Force (L1TF) developer Vinh Nguyen took to X to reveal that the developer team is ready for the v2.2.0 core upgrade and will process it after it passes the governance proposal mechanism. Moreover, all full nodes and validators should update with the v2.2.0 release after approval of the proposal by the Terra Luna Classic community.
Terra Luna Classic Requisite Market Swap Reopening For LUNC And USTC To $1
 Terra Luna Classic To USTC Market Swap Importance Terra Luna Classic community member Igor Veras has come up with a proposal to reopen the LUNC and USTC market swap. Enabling the market swap function will significantly reduce LUNC and USTC supply and help the community meet its vision of USTC repeg to $1 and Terra Luna Classic (LUNC) revival to $1. #BinanceTournament
Bitcoin Short-Term Holder Cost Basis Is Valued At $28,100 Currently
As pointed out by an analyst in a CryptoQuant post, the BTC price has recently neared the short-term holders’ realized price. The “realized price” is a metric that basically represents the cost basis (that is, the buying price) of t
Bitcoin Price Analysis: Gains Partially Retained – 31 August 2023
Bitcoin Price Analysis: Gains Partially Retained – 31 August 2023
Bitcoin (BTC/USD) continued to retainsome of its gains early in the Asiansession as the pair sought to remain above the 26709.83 level, representing the 50% retracement of the appreciating range from 25234.76 to 28184.89. During the pair’s rapid ascent above the 28000 figure, Stops were elected above key technical levels during the huge rallyincluding the 27139, 27466, 27728, and 27766 areas. Related upsidetechnical levels th
Bitcoin is not catching a genuine bid despite the buzz around Grayscale, analysis warns, with BTC price still able to dive lower.
Bitcoin (BTC) drifted toward $27,000 after the Aug. 30 Wall Street open as the dust settled on digital asset manager Grayscale’s legal victory.
BTC buyer interest remains low
Data from Cointelegraph Markets Proand TradingView showed BTC price cooling volatility which began the day prior, when a positive verdict for Grayscale against United States regulators sparked
The cryptocurrency market has started to rise again with the announcement of Grayscale winning the SEC case. Ethereum (ETH) managed to surpass the $1700 level after its recent price increases. Crypto analysis platform Santiment evaluated the latest situation in Ethereum and shared current data and critical metrics.
The cryptocurrency market has started to rise again with the announcement of Grayscale winning the SEC case. The leading cryptocurrency Bitcoin (BTC) has surpassed the $27,600 price
So LBRY lost its case against the SEC. Sad to say, the ruling still doesn’t provide regulatory clarity as to the definitive conditions (the essential ingredients) that establish an offered asset as a security. Especially when the Judge touches only on the third prong in this case. The 76-year-old Howey Tes
Bitcoin Surges As Grayscale’s Legal Victory Boosts Market Sentiment
The recent ruling by the U.S. District of Columbia Court of Appeals has dealt a significant blow to the SEC’s efforts to impede Grayscale’s progress in establishing a Bitcoin spot ETF.
As a result, Bitcoin has experienced a notable surge of over 4%, currently trading at $27,300, slightly above its 200-day Moving Average (MA). Initially, there were concerns that the MA could hinder Bitcoin’s recovery from recent setbacks. $BTC
BTC price volatility returns as good news over GBTC’s conversion to a spot Bitcoin ETF sends markets rallying.
$27,865
neared two-week highs on Aug. 29 as news hit that digital asset manager Grayscale had won a lawsuit against United States regulators.
Data from Cointelegraph Markets Proand TradingView captured an instant BTC price reaction to the event, with BTC/USD gaining $1,700 in around 30 minutes.
The news upended a stale Bitcoin trading environment that had endured after snap losses i
Flow Price Forecast 2023: Does It Have Caliber To Surpass $2?
1 The Flow network crypto’s price decreased by 4.91% over the last week and it is trading below major EMA’s.
2 The price of the FLOW crypto is trading at $0.445 and the 52-week range is $0.400 – $2.058.
Flow Network crypto plummeted by 1.63% in market value and surged by 12.37% in trading volume in the last day, as per Coinmarketcap, a crypto data analysis website. Its market value is $460,318,909 and its trading volume is $21,060,287. There are 1,036,200,000 FLOW in circulation.
Traders’ Patience Fades: Bitcoin Price Stuck At $26,000, But Can It Hold?
The Bitcoin price has barely moved a few hundred dollars since late last week, but a vital metric hints at another aggressive move. In the meantime, the cryptocurrency is likely to keep trading sideways until another liquidation event flips momentum into a specific direction.
As of this writing, Bitcoin trades at $26,100 with sideways movement in the last 24 hours. In the previous seven days, BTC recorded similar price action while other tokens in the top 10 moved in tandem except for Binance C
Crypto Analyst Says Bitcoin’s Price Could Still Drop to $16,000
Crypto analyst Crypto Banter says Bitcoin could increase or decline further in the coming days.
The analyst says the current bear has spanned 490 days, making it the longest.
Bitcoin needs to hold its $24k support to avoid a steeper decline.
Crypto analyst Miles Deutscher, known as Crypto Banter on YouTube, in a recent post, said the world’s largest cryptocurrency is tittering on the edge of a potential bull run or a much worse bear fall. According to the analyst, Bitcoin’s price actions in t
Terra Luna Classic Price Prediction, will LUNC’s price hit $0.36?
Terra Luna Classic, LUNC could hit $0.36 in 2023
Terra Luna Classic’s price prediction for the most bearish scenario will value LUNC at $0.000049 in 2023
Terra Luna Classic’s previous All Time High was on 5th April 2022 where LUNC was priced at $119.18
Terra Luna Classic’s price at the same time last week was $0.000066. It has moved by -8.53% in the past week and is currently at $0.000062. Infact, in the past 24 hours, LUNC has dumped by -0.46%. There is a slight bearish sentiment in the cryp