Bitcoin Bull Market: Pundit Reveals When To Sell Everything

The Bitcoin bull market looks to be back following BTCs surge above $100,000. With market participants again accumulating following this recent rally, crypto pundit Ardizor has revealed when to sell everything to avoid roundtripping on gains made in this bull market.  When To Sell Everything In This Bitcoin Bull Market In an X post, Ardizor stated that he will sell nearly everything in this bull market when BTCs Profitability Index rises above 300% and crypto becomes more popular on TikTok or Instagram, and when market participants think they are the smartest. He further outlined three other events that could mark the top and act as a clue to sell everything.  Related Reading: Why The US-China 90-Day Tariff Slash Can Push Bitcoin Price Above $110,000 The first is when crypto exchange Coinbase becomes the number one on the app store for two months, and every taxi driver starts speaking crypto. The other two clues are when the BTC Coin Days Destroyed (CDD) metric rises above 300 million and when old friends are inquiring about whether they should buy crypto now.  He asserted that the Bitcoin bull market will reach its peak when these things begin to happen. Until then, Ardizor revealed that he will be accumulating more coins daily. The pundit also told crypto community members that he would announce publicly when it was time to sell everything.  In another X post, Ardizor provided insights into how investors should allocate their capital in this Bitcoin bull market. He stated that 40% should be invested in BTC, 20% in ETH, 10% in quality alts, 5% in high-potential meme coins, 15% working capital, and 20% in USDT to buy dips.   Market participants are actively accumulating more coins with the Bitcoin bull market in play following BTCs rally above $100,000. Crypto analyst Ali Martinez cited Glassnodes data while revealing that $35 billion has flowed into the crypto market in the past three weeks.  A Possible Top For BTC In This Market Cycle Market experts have provided the price targets that could mark the BTC top in this Bitcoin bull market. Veteran trader Peter Brandt stated that the leading crypto is on target to reach the bull market cycle top in the $125,000 to $150,000 level by August or September this year. Once that happens, he predicts that a 50% correction will follow.  Related Reading: Analyst Predicts Bitcoin Price Surge To $120,000 And Then A 50% Crash To $60,000, Heres When Crypto analyst CrediBULL Crypto also reaffirmed that his target for this Bitcoin market cycle is $150,000. However, he also raised the possibility of BTC reaching $200,000 based on Jim Cramers statement that the leading crypto cannot achieve that target in this bull run. Standard Chartered has also predicted that $200,000 is achievable for BTC by year-end.  At the time of writing, the Bitcoin price is trading at around $103,600, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

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Market Volatility Indicator Pointing Towards $135K Bitcoin in 100 Days, Analyst Reveals

The cryptocurrency market remains turbulent, with significant fluctuations in value that can present opportunities for investors. An analyst predicts that Bitcoin could reach $135,000 within the next 100 days based on market volatility indicators. Market indicators play a crucial role in predicting the future movement of cryptocurrencies like Bitcoin. These indicators help investors make informed [...]

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Conviction over doubt: Yat Siu on building web3s most influential unicorn

Welcome to Slate Sundays, CryptoSlates new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. Co-founder and executive chairman of web3 gaming unicorn Animoca Brands, few people in crypto havent heard of Yat Siuwith the exception of the […]

The post Conviction over doubt: Yat Siu on building web3s most influential unicorn  appeared first on CryptoSlate.

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Bitcoin at Risk of Crashing to $70K in 10 Days, Analyst Calls it BTCs Bottom Line

Bitcoin Crash Risk to $70K in 10 Days Increasing, Analyst Says It’s BTC’s Practical Bottom Bitcoin’s price has been struggling recently, with analysts predicting a possible crash to $70,000 within the next 10 days. Despite the volatility in the cryptocurrency market, some experts believe that this dip could actually be a positive sign for Bitcoin’s [...]

The post Bitcoin at Risk of Crashing to $70K in 10 Days, Analyst Calls it BTC’s ‘Bottom Line’ appeared first on Crypto Breaking News.

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Discover the Reasons Behind Todays Drop in Solana (SOL) Price

Solana’s SOL Token Sees Price Decline, What’s Causing It? The Solana blockchain’s native token, SOL, has experienced a decrease in price recently. Several factors could be contributing to this downward trend. It’s essential for investors and enthusiasts to understand why this is happening. One possible reason for the decline in SOL’s price could be market [...]

The post Discover the Reasons Behind Today’s Drop in Solana (SOL) Price appeared first on Crypto Breaking News.

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Kicking Yourself Over Pepe Coin? Arctic Pablo Might Be The Next Top New Meme Coin to Invest in Now

When Pepe Coin first launched, it was just another meme in the digital spacesmall, quirky, and overlooked. Early investors who scoffed at its potential are now watching from the sidelines as Pepe Coin surges in value, creating regret among those who didnt seize the opportunity when it was at its lowest point. The question many are asking: Can they find a second chance to get in on a meme coin with such potential? The answer is yesand its Arctic Pablo Coin (APC).

The post Kicking Yourself Over Pepe Coin? Arctic Pablo Might Be The Next Top New Meme Coin to Invest in Now appeared first on Kanalcoin.

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Algorand price has been rising in the last two days: here’s why

Algorand price has been on a sustained bullish trend over the past two days and was trading at $0.2254 at press time. The token has shown quite a strong bullish stance and although it could partly be buoyed by the general bullish crypto market, there are other factors at play behind the scenes.  The Algorand …

<p>The post Algorand price has been rising in the last two days: here’s why first appeared on CCNC | Cryptocurrency Newscast.</p>

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Learn Bitcoin, Earn Bitcoin: Announcing Unchained as Title Sponsor for 21 Days of Bitcoin Educational Course

Unchained will serve as Title Sponsor for 21 Days of Bitcoin, awarding Bitcoin to participants who complete a 21-day online educational course.

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Could Bitcoin Reach $130K in Just 90 Days? One Analyst Thinks So!

Bitcoin has been on a rollercoaster ride recently, with many analysts debating where its price might go next. One analyst, however, is confident that Bitcoin’s price could reach $130,000 in just 90 days. The crypto market is known for its volatility, and Bitcoin is no exception. Despite recent fluctuations, there are some who believe that [...]

The post Could Bitcoin Reach $130K in Just 90 Days? One Analyst Thinks So! appeared first on Crypto Breaking News.

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Is Bitcoin price volatility on the rise during FOMC days? Find out if this time will be different

The price of Bitcoin is becoming increasingly volatile as the days leading up to the Federal Open Market Committee (FOMC) meeting approach. Many wonder if this time will see a significant change in the market dynamics. The FOMC meeting is a key event for many investors as it can impact the direction of interest rates, [...]

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Record High Credit Card Debt: 55% of Americans Concerned About Repayment as Inflation Pushes Consumers to Credit Reliance

According to a Newsweek poll conducted by Redfield & Wilton Strategies, 55% of Americans are “very” or “fairly” concerned about paying off credit debt this year. The total credit card balance of Americans is at its highest point since the U.S. Federal Reserve began tracking the data, and current metrics indicate that Americans are using [...]

The post Record High Credit Card Debt: 55% of Americans Concerned About Repayment as Inflation Pushes Consumers to Credit Reliance appeared first on Crypto Breaking News.

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Cosmos price outlook: Is ATOM a buy ahead of today’s Rho upgrade? | Invezz

The Cosmos (ATOM/USD) price broke down from a rising channel this week as cryptocurrencies reacted to the regulatory crackdown on stablecoins, particularly orders against Paxos to cease issuing the Binance USD (BUSD) stablecoin. ATOM price has not spiked as much as the leading cryptocurrencies like Bitcoin and Ethereum, which on Wednesday, hit levels above $23,000 ...

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<p>The post Cosmos price outlook: Is ATOM a buy ahead of today’s Rho upgrade? | Invezz first appeared on CCNC.</p>

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Crypto in 2023: 10 Things to Be Excited About in the Next 12 months

For crypto industry, 2022 was not exactly stable. But there are still reasons to be excited about next 12 months.

Continue reading Crypto in 2023: 10 Things to Be Excited About in the Next 12 months at DailyCoin.com.

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4 Metaverses to Visit This Holiday Season

The metaverse became the forefront of attention in 2022. DailyCoin explores some of the most popular projects available.

Continue reading 4 Metaverses to Visit This Holiday Season at DailyCoin.com.

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7 NFT Projects to Explore This Christmas

DailyCoin highlights seven NFT projects that shone despite a tough year.

Continue reading 7 NFT Projects to Explore This Christmas at DailyCoin.com.

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Bitcoin: the Digital Gold – Positives for 2023

With the end of the year upon us, DailyCoin overviews Bitcoin, and considers how the asset performed against projections.

Continue reading Bitcoin: the Digital Gold – Positives for 2023 at DailyCoin.com.

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Four Positive Events in the Crypto Space This Year

Crypto in 2022 wasn't just about hacks and bankruptcies, there were many positive developments as well.

Continue reading Four Positive Events in the Crypto Space This Year at DailyCoin.com.

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LUNC up 134% in 7 days amid massive community support and burn tax proposal

Terra Classic (LUNC) has witnessed a massive rally over the past week. It has risen by about 134.2% over the past seven days according to Coingecko. LUNC has also attracted significant interest from investors with its daily trading volume surging by over $2 billion.

The price pump is primarily because of the massive community support and a proposal by the community to recover prices through burning, project building, staking, governance, and ecosystem education.

The Terra Luna Classic community has continued burning and staking LUNC tokens in a bid to recover the token’s price, which has considerably dropped since the TerraUSD (UST/USD) stablecoin debacle that brought down the original Terra LUNA project and resulted in the Terra Luna hard fork to create the new Terra 2.0 (LUNA/USD).

The main aim for the community at the moment is to push LUNC prices at least above $0.0005 with a short-term target of $0.01 by end of this month if it maintains the current momentum.

So far the Terra Luna Classic community has managed to stake over 528 billion LUNC tokens and burned over 3.5 billion LUNC tokens. Interestingly, over $1 billion in trading volume is from Binance after KuCoin ran out of LUNC tokens.

The community intends to take the burning initiative higher with a 1.2% burn tax proposal that is scheduled for release on Monday, September 12. The much-awaited burn tax proposal is geared toward increasing the burning rate of LUNC tokens.

Commenting on the impact of the much-awaited burn tax proposal via a tweet, Miles Deutscher, a popular crypto investor and analyst, said:

“$LUNC is gaining momentum in anticipation of its next major upgrade, which introduces a 1.2% burn tax to all swaps. Could this mark the beginning of a sensational revival for Terra Classic?”

Recently, Terra also announced several governance proposals and upgrades besides burning and staking. It also rolled out a new governance alert bot.

The post LUNC up 134% in 7 days amid massive community support and burn tax proposal appeared first on Invezz.

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Ethereum Classic gains as hashrate hits record high days to the Merge

Ethereum Classic (ETC/USD) remains bullish following its recent uptrend, currently trading 8.3% up on the daily log at highs near $34.70. 

A look at the CoinGecko price data shows the ETC price has seen a decent return over the past week, with over 11% in gains. The ETC/BTC pair is also up by more than 7% in the past 24 hours to suggest the altcoin is building up some momentum as the broader market looks for some volatility after a quiet Monday so far.

This upside, which comes after last week’s downside across risk asset markets that had pushed Bitcoin (BTC/USD) below $20,000 and Ethereum (ETH/USD) to lows of $1,483, continues the altcoin’s gains in recent weeks as Ethereum matches towards the highly anticipated Merge.

The upgrade is expected next week and Ethereum Classic is seeing an influx of miners to the network as Ethereum prepares to switch from proof-of-work to proof-of-stake. The miners appear to see ETC as a good bet for deploying their mining rigs, with the increased computational power pushing the Ethereum Classic hashrate to a record high.

Data shows the altcoin’s hashrate hit 47.3 terahashes per second (TH/s), the highest for the blockchain. The metric hovered around 31 TH/s in July to mid-August before jumping to 43 TH/s and the new all-time high.

As Ethereum Classic’s hash rate reaches new highs, it is worth noting that in the past, ETC price has rallied around the Merge news.

According to crypto market intelligence and research provider Messari, the last three instances were around the Berlin upgrade, the Ethereum EIP 1559 upgrade and the Merge date announcement in July. 

With bullish projections for ETH, a rally into the Merge could also be seen in ETC – with a breakout above $40.00 likely to bring into play a retest of August 2021 highs above $70.00.

The post Ethereum Classic gains as hashrate hits record high days to the Merge appeared first on Invezz.

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Bitcoin’s Hashpower Drops, BTC Mining Difficulty Expected to Jump Higher in 4 Days – Mining Bitcoin News

The processing power behind the Bitcoin network has dropped 30% since the hashrate’s all-time high (ATH) on February 15, sliding from 249 exahash per second (EH/s) to 169 EH/s. Furthermore, four days from now, the network’s mining difficulty is expected to increase following the 4.78% epoch change on February 17. Bitcoin Hashrate Drops From 249 […]

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