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Alex Dovbnya Bitcoin, largest cryptocurrency, might be on cusp of another significant price rally if history is any guide Alan Farley, a private trader and frequent CNBC contributor, has an observation that might give beleaguered Bitcoin bulls a glimmer of hope. The last time it was that heavily oversold, the largest cryptocurrency rallied by more than 500% within just five months in the first half of 2022. Image by @msttrader Back then, Bitcoin was coming off the brutal crypto winter… Source link

Litecoin (LTC) – the 13th-ranked cryptocurrency by market capitalization – has seen an increase in the price of 31.75% over the past seven days. Whereas other cryptocurrencies also continue their upward swing by turning green with significant gains indicating a bullish trend. According to the data from CoinMarketcap, other coins with notable gains include XRP, with a 3% gain, Chainlink (LINK), with a 7% gain; and Solana (SOL) with a 10% increase during the past 24 hours. On November 23rd,… Source link

Bitcoin (BTC) stayed undecided on Nov. 24  as one trader reinforced a $12,000 BTC price target. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price “main target” for bottom $12,000-$14,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $16,500 as an eerie calm continued on the market. The pair nonetheless failed to convince analysts that better times were on the way, and popular commentator Il Capo of Crypto suggested that it was only a matter of… Source link

Kaspersky said that cybercriminals are getting less attracted to Bitcoin for ransomware payments and moving towards privacy coins. The demand for privacy coins in the market is growing fast and they are posing a major challenge to CBDCs. While crypto adoption in mainstream finance is growing fast, their use in cybercrime payments is increasing simultaneously. However, cybersecurity firm Kaspersky recently reported that ransomware payments and negotiations would rely less on Bitcoin very… Source link

First-time bear market? It’s also the first Bitcoin (BTC) bear market for Michael Saylor, one of the world’s biggest Bitcoin bulls.  Executive chairman of one of the world’s largest pro-Bitcoin companies, Saylor took a moment out of his busy schedule at the Los Angeles Pacific Bitcoin conference to speak with Cointelegraph. Crucially, Saylor told Cointelegraph that when it comes to Bitcoin, “you have to take a long frame time perspective.” “If you’re buying [Bitcoin] and… Source link

Ethereum moved back above $1,200 on Thursday, as markets continued to react to the latest Federal Open Market Committee (FOMC) minutes. Yesterday’s report hinted that the U.S. Federal Reserve could pivot to smaller interest rate increases “soon.” Bitcoin was largely unchanged in today’s session. Bitcoin Bitcoin (BTC) mostly consolidated on Thursday, following news that the U.S. Federal Reserve could be set to move away from its aggressive rate hike policy. Wednesday’s FOMC… Source link

As the cryptocurrency market continues to switch between green and red after a difficult few weeks, Ethereum (ETH) is making small daily gains, leading crypto experts to identify crucial levels for these modest increases to continue. Indeed, Ethereum is facing crucial resistance at around $1,200-$1,2500, which it needs to break in order to push toward the first price target at $1,336 and the second at $1,547, according to an analysis by the crypto trading expert Michaël van de Poppe,… Source link

Andrew is a blockchain developer who developed his interest in cryptocurrencies while his post-graduation. He is a keen observer of details and shares his passion for writing along with being a developer. His backend knowledge about blockchain helps him give a unique perspective to his writing Source link

Litecoin made some nice breakout above November highs recently, which we see it as a higher degree wave C or maybe even wave 3 after a completed irregular/expanded flat correction in B/2 on November 9th. Litecoin hasn’t finished its rally yet, it’s still pointing higher within wave C/3, as five-wave cycle of the lower degree looks to be unfinished. So, be aware of further rise at least up to 90 area for wave C, if not even above 100 for wave 3. Don’t forget,… Source link

Gamza Khanzadaev ETH price gets serious boost as investors’ large accumulation is revealed Contents Major whale alert Ethereum (ETH) price action According to crypto analytics portal Santiment, a large accumulation of Ethereum has been seen in recent days. The most active were those addresses holding between 100 and 100,000 ETH on their balance sheet, which are referred to in the crypto space as sharks and whales. In just the last three weeks, this group of investors have reportedly… Source link