It’s actually quite striking that Bitcoin soared to $120,000 earlier this week, even before the US Congress voted on a series of laws that would make it easier for crypto companies to operate in the world’s largest economy. Will we thus see another “Buy the Rumor, Sell the News” movement within a few days, or […]
Bitcoin is trading slightly lower today but still shows a strong technical structure. While the price drops 3.93% to $117,019, the upward trend remains clearly intact. The market is moving cautiously ahead of US inflation figures expected later this afternoon. Volatility increases, trend remains bullish Today, traders are getting exactly what they hoped for: big […]
Bitcoin flexes its muscles once again and breaks through to a brand new all-time high of $123,091, continuing the rally of recent weeks. Analysts are calling it a technical breakout that paves the way for a possible jump toward $150,000 or even $165,000. Breakout confirmed, price target in sight Bitcoin has been setting new all-time […]
The price of Stellar (XLM) jumps nearly 9% today, reaching $0.43. The project is staging a solid comeback after weeks of downward movement. Traders and analysts speak of a trend reversal, which also seems to be confirmed on the chart. But it’s especially the PayPal news that’s igniting fireworks. XLM price breaks out of downward […]
Dogecoin is showing signs of life again, with a price of $0.2016 and a 1.92% increase over the past 24 hours. Trading volume has reached $3.38 billion, clearly indicating that interest in the coin remains strong. Still, not everyone is convinced: analysts are divided over the strength of the current move. Key levels approaching According […]
Bitcoin continues to surprise. The world’s largest cryptocurrency is breaking records once again and climbing even higher. The price is currently around $117,784, placing Bitcoin firmly among the top five most valuable assets. And the rally might be far from over. Bitcoin surges to new all-time high With a 6.26% increase in the past 24 […]
The crypto market is making strong moves today, with Ethereum standing out as the clear leader. Ethereum’s price has skyrocketed, breaking through a key price level. After a strong consolidation phase around $2,400, the engine now seems to be running at full speed. Ethereum is targeting the next resistance zones, even overtaking Bitcoin on the […]
The US dollar is currently showing significant weakness, which could turn out to be good news for Bitcoin. The Dollar Index (DXY) has fallen below its average of the past year, which has historically often marked the beginning of strong Bitcoin rallies. The pattern is clearly visible in CryptoQuant’s charts. Every time the DXY drops […]
The news that CoreWeave (an American company that deals with cloud computing) is acquiring the crypto mining company Core Scientific for an amount of about 9 billion dollars was jubilantly praised on many crypto websites yesterday afternoon. For me though, it brought back memories of 2022. Level CoreWeave and Core Scientific shareholders weren’t too happy […]
June is normally the month when the first heat waves start in Texas, the largest state in the United States. Due to climate change, these heat waves are becoming more frequent (and are relatively longer). And that has consequences for Bitcoin, because Texas is where most Bitcoin mining companies operate. Authorities in Texas are asking […]
