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Pseudonymous Coin Bureau host Guy is expressing bullish sentiment toward the leading smart contract platform Ethereum (ETH). Guy tells his 2.21 million YouTube subscribers that Ethereum is likely to see a higher price this year after rallying by over 55% from its 2022 low. According to the popular crypto analyst, ETH’s deflationary nature, brought about by its switch to a proof-of-stake consensus mechanism last year, could potentially trigger a new record high for the… Source link

Bitcoin (BTC) remains firmly “bullish” at $23,000, according to new on-chain metrics from one of the industry’s best-known names. In a preview on Jan. 28, market cyclist and on-chain analyst Cole Garner revealed what he said were “backtested and validated” Bitcoin trading tools. Garner: BTC price signals should excite bulls While BTC/USD attempts to push through liquidity above $23,000, the debate rages as to whether a significant BTC price correction is due. For Garner, who offered a… Source link

Bitcoin (BTC) remains firmly “bullish” at $23,000, according to new on-chain metrics from one of the industry’s best-known names. In a preview on Jan. 28, market cyclist and on-chain analyst Cole Garner revealed what he said were “backtested and validated” Bitcoin trading tools. Garner: BTC price signals should excite bulls While BTC/USD attempts to push through liquidity above $23,000, the debate rages as to whether a significant BTC price correction is due. For Garner, who offered a… Source link

As the world becomes increasingly digitized, it’s no surprise that cryptocurrencies are on the rise. While Bitcoin Cash (BCH) and Litecoin (LTC) have both seen their fair share of ups and downs, Snowfall Protocol (SNW) has emerged as a strong contender in the race to become the top digital currency. In this article, we will take a look at why (SNW) is poised to overtake BCH and LTC in the coming months. Bitcoin Cash (BCH) might soon be St. Kitts and Nevis’ legal tender Saint Kitts and… Source link

Recent data from Matrixport, a digital asset financial services platform, confirm that institutional investors have not abandoned crypto, especially Bitcoin. According to data, institutional investors now account for 85% of Bitcoin purchasing.  Matrixport’s head of research and strategy, Markus Thielen, said it shows that institutional investors are still very much interested in crypto and is also a sign that the bull market is near. Bitcoin Performance During Trading Hours… Source link

An analyst who correctly called this year’s crypto turnaround and bought Bitcoin and Ethereum in November says his bullish stance on the market will change if BTC falls below a key support level. Pseudonymous analyst DonAlt tells his 46,800 YouTube subscribers that he while Bitcoin’s rally from 2022’s low is significant, the bull case for the king crypto could be invalidated if the top crypto asset by market cap falls below the $19,000 level. “[Bitcoin is] up 50% since the… Source link

Image source: Getty Images Just when you thought it was safe to consign cryptocurrencies to the corner of your mind inhabited by video cassettes and sub-2% mortgage rates, Bitcoin has come bouncing back. The granddaddy of digital currencies had been on the floor and seemed out for the count as 2022 ended. Its price had crashed from $65,000 in November 2021 to less than $16,000 a year later. And with crypto exchanges going bust left and right and the industry (allegedly) getting its own Bernie… Source link

Bitcoin and Ethereum prices have been steady despite experiencing significant volatility in the past few weeks. Bitcoin is maintaining a narrow range between $22,350 and $23,350, while Ethereum is trading choppily within a tight range of $1,550 to $1,630.  As we enter the weekend, many investors are wondering if this could be the time for a breakout. The answer to this question lies in the analysis of Bitcoin and Ethereum prices… Source link

Despite the recent negative crypto and macroeconomic newsflow, the total cryptocurrency market capitalization broke above $1 trillion on Jan. 21. An encouraging sign is that derivatives metrics are not showing increased demand from bearish traders at the moment.  Total crypto market cap in USD, 1-day. Source: TradingView Bitcoin (BTC) price gained 8% on the week, stabilizing near the $23,100 level at 18:00 UTC on Jan. 27 as the markets weighed the potential impact of Genesis Capital’s… Source link

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