November 10, 20240 Comments

Top Analyst Says Bitcoin on an Unstoppable Path, Predicts Ethereum Rallies in Coming Weeks

A crypto strategist known for accurately calling the end of the 2021 Bitcoin bull market says all lights are now flashing green for BTC. Pseudonymous analyst Pentoshi tells his 809,100 followers on the social media platform X that he no longer sees Bitcoin dropping to $50,000 after breaking out from an eight-month consolidation range. According to the crypto strategist, Bitcoin appears poised to move much higher as he expects BTC

Read More
November 10, 20240 Comments

BitMEX Founder Arthur Hayes Details ‘Massive Trade’ As Bitcoin and Crypto Markets Move Higher

BitMEX founder and crypto industry veteran Arthur Hayes says there’s a massive trade to play as the digital asset market edges higher. In a new interview on the CryptoBanter YouTube Channel, Hayes says that the crypto bull market started in March of 2023 when the Federal Reserve printed trillions of dollars to support the struggling US banking sector. Hayes refers to the move as a “stealth” printing of money that

Read More
November 10, 20240 Comments

SUI Price Surges 60% To Record High Market Cap, What’s Next?

The SUI price has gone up by a massive 32.4% within the last 24 hours and 60% in a week with the market capitalization nearing $8.7 billion. This has put SUI at the 15th position among the most valuable cryptocurrencies in the world today. On the other hand, the lending protocol of the Sui ecosystem, Scallop (SCA), has also been on an upward trajectory. SCA has risen by 87% in

Read More
November 10, 20240 Comments

Here’s Why Cardano Price Is Far From Overbought After 96% Weekly Surge

Most major altcoins witnessed a renewed recovery trend in November amid the U.S. election buzz and Donald Trump’s victory. The pioneer cryptocurrency, Bitcoin, entering price discovery further cemented the bullish narrative in the broader market. Among the top performers, the Cardano price recorded an 83% weekly surge, and still enough room for future growth. By press time, the ADA price had traded at $0.58, with an intraday gain of 28.5%.

Read More
November 10, 20240 Comments

EOS Climbs 10% In Rally By Investing.com

Investing.com – EOS was trading at $0.5152 by 23:18 (04:18 GMT) on the Investing.com Index on Sunday, up 10.03% on the day. It was the largest one-day percentage gain since March 7. The move upwards pushed EOS’s market cap up to $774.4402M, or 0.04% of the total cryptocurrency market cap. At its highest, EOS’s market cap was $17.5290B. EOS had traded in a range of $0.4844 to $0.5155 in the

Read More
November 10, 20240 Comments

$800,000 Bitcoin – Tuur Demeester Says ‘Eye Watering’ BTC Price Target in Play Based on Outperformance of Gold

Bitcoin (BTC) veteran Tuur Demeester says that the crypto king could be headed much higher than many anticipate as it battles for store-of-value supremacy against gold. Demeester tells his 282,000 followers on the social media platform X that he agrees with the thesis that Bitcoin will eventually reach the same market capitalization as gold, perhaps as soon as the current market cycle. Demeester, editor-in-chief of the Bitcoin analysis firm Adamant

Read More
November 10, 20240 Comments

BTC, US Elections, & Ripple’s XRP Spark Buzz

The dynamic realm of crypto closes yet another week, primarily with attention-nabbing developments unfolding across the broader sector. Bitcoin (BTC) price saw a considerable pump post-U.S. elections, whereas the broader market mirrored immense bullishness in light of Donald Trump’s win as the 47th president. Simultaneously, Ripple’s XRP stole the spotlight this week, witnessing remarkable developments. So, here’s a brief overview of some of the top market headlines reported by CoinGape

Read More
November 10, 20240 Comments

FLOKI & PEPE To Lead Memecoin Rally Next Week, Here Is Why

The memecoin market is showing strong bullish signals as FLOKI price and PEPE price prepare for potential breakout rallies. Both tokens have recently formed bullish pennant patterns, a technical indicator that often precedes upward movement, hinting at renewed investor interest. PEPE Price Eyes Breakout with Bullish Pennant Formation PEPE’s current price stands at $0.00001124, and its technical indicators suggest that it may be poised for a rally. The token has

Read More
November 10, 20240 Comments

Solana Decentralized Exchange Altcoin Skyrockets by More Than 400% on Friday After New Exchange Listing

A Solana (SOL)-based decentralized exchange (DEX) altcoin surged by more than 5x on Friday after South Korea’s largest crypto exchange rolled out trading support for the asset. Traders on the Seoul-based Upbit can now purchase and unload DRIFT, the native asset for the Drift Protocol, an open-source DEX that enables transparent and non-custodial trading. Explains the project’s whitepaper, “Drift was designed with a goal to be capital-efficient but also protective of

Read More
November 10, 20240 Comments

US CPI, Fed Powell Speech Among 5 Key Crypto Events To Watch This Week

The crypto market eagerly awaits the US CPI inflation data this week, which is likely to decide the future path of the Federal Reserve’s monetary policy plans. Besides, a flurry of other key events, including Fed Chair Jerome Powell’s speech is also scheduled later this week. Notably, this comes a week after the US FOMC decided to cut interest rates for the second time this year. US CPI, Fed Chair

Read More