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The market capitalization of Tether has reached $150 billion for the first time ever, marking a significant milestone for the popular stablecoin. Tether, which is one of the most widely used stablecoins in the cryptocurrency market, has seen a surge in demand in recent months as more investors seek to hedge their investments against market [...]
Hedera (HBAR) has caught the attention with promising technical patterns signaling a potential price surge. Hedera is holding strong above its crucial support level and aiming to test resistance to start its upward journey. HBAR recently hit its low at $0.1262, triggered by market volatility, but was able to hold support and strongly rebound from […]
Render (RNDR) is on the way to its positive trajectory and experiencing a surge in its price against market volatility and macro factors. However, the overall market is showing signs of stability because Bitcoin is moving around its initial key support levels. The RNDR price today is $3.96 with a 24-hour trading volume of $104.01M […]
A judge has dismissed a fraud lawsuit against Richard Heart, a prominent figure in the crypto community. Meanwhile, a new bill in the US is aimed at addressing crypto ATM fraud. Let’s delve into the details. Recently, a lawsuit alleging fraud against Richard Heart was thrown out by a judge, bringing relief to the crypto [...]
The post Court Dismisses Fraud Case Against Richard Heart as US Legislation Targets Crypto ATM Fraud: Law Decoded appeared first on Crypto Breaking News.
Explore the best crypto to invest in this week, featuring Qubetics, Mantra, and Theta. Qubetics presale offers massive ROI potential for early adopters.
The post Qubetics Presale Gains 23,700 HoldersIs It the Best Crypto to Invest in This Week? Mantra and Theta in Focus appeared first on Kanalcoin.
Cardano (ADA) is experiencing a strong rally, riding the bullish wave alongside the broader crypto market. A key catalyst behind this surge is the recent statement from Federal Reserve Chairman Jerome Powell, who announced a significant reduction in Quantitative Tightening (QT) and hinted at a gradual return to Quantitative Easing (QE) levels. This dovish stance […]
Qubetics presale surges past 501M tokens sold as it revolutionizes Web3 with a non-custodial wallet. Meanwhile, Avalanche eyes $200, and Quant secures institutional adoption.
The post 501M Qubetics Tokens SoldAre These the Best Crypto Coins to Buy Now as Avalanche Eyes $200 and Quant Courts Institutions! appeared first on Kanalcoin.
Is Bitcoin down? Where will Bitcoin price reach? In this Bitcoin price prediction article, we analyze the general crypto market and BTC.
Bitcoin (BTC/USD) has traded up by more than 7% this past week, with positive action seen following US CPI data for July helping bulls break to a two-month high above $24,930.
BTC price price – short term bullish trendWhile the BTC/USD pair has pared some of the intraday gains and currently trade near $24,560, Marcus Sotiriou of digital asset broker GlobalBlock believes the lower inflation readings for July year-over-year at 8.5% could count for bullish sentiment across risk markets.
According to the analyst, cryptocurrencies and stocks could ride the positivity and see fresh gains. Encouragingly for bulls, the BTC/USD pair recorded a daily high near $25,000, which Sotiriou says could indicate a potential short-term bullish trend.
For Bitcoin, the analyst says fresh upward impetus could allow for a breakout above $26k.
He told Invezz in emailed comments:
In my opinion, the fact that inflation has declined will give markets some breathing room over the next month or so, as we have an indication that inflation could have peaked. This is also the first bit of good news regarding the macro economy in months, so I think it will be well received, and allow Bitcoin to break above $26,000 in the following weeks.”
Crypto analyst Rekt Capital also points to a potential upside continuation, especially if bulls hold above the retested 200-week moving average. The main resistance area the analyst is looking at is around $24,700.
#BTC has successfully retested the 200-week MA as support and has enjoyed some continuation to the upside
In doing so however, $BTC has revisited the same resistance price had rejected from a few weeks prior
Red is the resistance to beat#Crypto #Bitcoin pic.twitter.com/Nq41sfo9JF
The post Bitcoin price prediction: analyst says short-term trend is bullish, targets $26K appeared first on Invezz.
Here is the latest daily price chart of Algorand token (ALGO/USDT), which is currently at $0.26, and trying to stay above support levels. There is a strong support at $0.20 and upside targets of $0.45 to $0.50 are visible, and they may come in March-April 2025.
Following is the daily chart of Bitcoin (BTC). It is near $95K currently, and trying to hold up above support levels. Near term upside target is $125K, which has been our upside target since 2021, and it will surely come. Strong support is visible at $90K, and it has been holding in recent weeks, which … Continue reading Bitcoin (BTC) Analysis 19Feb2025
Following is the daily chart of Litecoin (LTC). It is at $135 currently, up 9% today, and once again showing relative strength compared to other cryptos. Our #LTC targets are $220-350 for this year, and $1100 for sometime later. #crypto #markets
Following is the daily chart of Dogecoin (DOGE). It is currently at $0.2516, and trading above support levels. There is a major support level at $0.20, which should hold, but it may get retested. The upside targets are visible from $0.45 in March-April, to $1.00 sometime later this year. Dogecoin (DOGE) is our top pick … Continue reading Dogecoin (DOGE) Analysis 19Feb2025
Avalanche (AVAX) has made a significant move, breaking above a crucial resistance level and soaring over 20% in less than 24 hours. This surge has reignited bullish sentiment among analysts and investors, who are now closely monitoring AVAXs potential to reach the key $50 mark in the coming days. The breakout signals a shift in [...]
The post Avalanche Soars 20% In 24 Hours Analyst Reveals Next Price Target appeared first on Crypto Breaking News.
Avalanche (AVAX) has surged over 40%, reaching a critical supply level that, if broken, could trigger a substantial rally. The recent surge has captured the attention of traders and investors who recognize the potential of Layer-1 blockchains as AVAX positions itself as a leading contender in the space. Related Reading: Ethereum Analyst Sees Altseason Potential As BTS Is Still Outpacing ETH Time To Buy Altcoins? Among those following this development closely is top analyst and investor Kaleo, who recently shared a technical analysis with a bullish price target of $420 for AVAX. Kaleos optimistic outlook aligns with broader market sentiment as Bitcoin and Ethereum continue to rise, creating a favorable environment for blue-chip altcoins like Avalanche to make significant moves. The next few days will be critical in determining whether AVAX can push through this supply level and confirm its bullish trajectory. As more attention shifts toward AVAX and other high-profile altcoins, an aggressive upward move could soon follow, solidifying Avalanches status as a key player in the Layer-1 blockchain sector. Avalanche Rising Above Key Levels Avalanche recently surged above crucial supply levels, breaking through resistance points that had constrained its price for weeks, with the $30 mark emerging as particularly significant. This breakout has bolstered optimism for AVAXs long-term potential, as it hints at a bullish shift in momentum. Top analyst and investor Kaleo has taken to X to share his technical analysis, displaying a detailed AVAX price chart with key levels highlighted. According to Kaleo, Avalanches potential in this cycle could drive its price to an ambitious target of $420, representing a remarkable 1,200% surge from current levels. For this bullish scenario to unfold, AVAX must maintain its current momentum and break past additional resistance. Specifically, the price needs to surpass the last higher high around $33, which would strongly confirm a sustained bullish structure. Clearing this level would likely increase market confidence and attract new investors, as the confirmed uptrend would signal a potential long-term rally. Related Reading: Cardano Skyrockets Over 40% Funding Rate Suggests Further Upside As AVAX continues its upward trajectory, investor interest in Layer-1 blockchain platforms like Avalanche grows, underscoring the broader markets belief in the value of decentralized networks. If AVAX can successfully consolidate above $30 and break $33, it may open doors for substantial gains in this cycle. AVAX Technical Levels To Watch Avalanche is currently trading at $31.4 after breaking above its 200-day moving average (MA) at $28.1, marking a significant achievement in AVAXs price structure. This move has brought AVAX into a critical supply zone that has restrained its growth since early June. For bulls aiming to confirm a sustained bullish trend, AVAX needs to exceed the $33 mark and establish it as a reliable support level. Holding this level could signal a stronger uptrend and attract additional investor confidence. Related Reading: Bitcoin ETFs See Historic Surge Institutions Go Bullish On BTC With $1.38 Billion Record Inflows However, a healthy consolidation phase could be beneficial at this point. A pullback to test the $29 level as support would reinforce market stability, allowing AVAX to gather momentum before attempting the next major push upward. For now, AVAXs price action appears strong, and a breakout above $33 could set the stage for a long-term bullish phase in the altcoin market. Featured image from Dall-E, chart from TradingView
The United States Health Sector Cybersecurity Coordination Center said at least one health-care entity in the US has been hit by Trinity ransomware.
Jupiter (JUP), a cryptocurrency native to the Solana ecosystem, is showing strong signs of an impending breakout, with a notable upward momentum in recent weeks. Over the past week, JUP has demonstrated a positive price trajectory, appreciating by almost 12%. As the crypto space focuses on high-profile launches, such as Donald Trumps new memecoin, OFFICIAL […]
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