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Dogecoin (DOGE) has recently displayed remarkable resilience against market resistance levels. The 5 billion coin mark posed a significant challenge, initially expected to be a formidable resistance point for DOGE. Surprisingly, the meme-based cryptocurrency not only overcame this obstacle but is also exhibiting strength in the face of profit-taking pressures, hinting at a potential shift in […]

Hive Digital says BTC miners bought last Dec have already paid themselves off. In December 2022, Hive Digital executed a substantial purchase of ASIC miners. Within just one year, propelled by a surge in Bitcoin value, the cryptocurrency mining company asserts that the acquired rigs have completely offset their initial cost. With Bitcoin trading at

There was a news article in January 2023 “Goldman Sachs: Bitcoin will be the best-performing asset in the world in 2023”According to internal Goldman Sachs documents posted on social media by Blockworks, Bitcoin will be the best-performing asset globally in 2023, surpassing gold, energy, the S&P 500 Index, real estate, the Nasdaq 100 Index, and

Bitcoin outpaces sellers, successfully liquidating $60 million worth of short positions within a span of two days, as the BTC price hovers just a few hundred dollars shy of the $40,000 mark. Source from coinmarketcap Bitcoin caught shorts off guard, as $60 million worth of positions were left hanging. Data from Cointelegraph Markets Pro and

The Ethereum market encountered challenges maintaining levels above $2,100, prompting a descent with potential further declines towards the $1,930 support in the immediate future. Presently, Ethereum is in a consolidation phase, encountering resistance around the $2,060 range. The price is currently below both $2,080 and the 100-hourly Simple Moving Average. Notably, a significant bearish trend

Major central banks worldwide, spanning regions like Europe, North America, and others, have disclosed a substantial commitment to the cryptocurrency market, with XRP emerging as a favored digital asset. As per the Basel Committee on Banking Supervision (BCBS), a global regulatory body overseeing banks, 45 central banks within its membership have exposure to digital assets,

How Ethereum Gets To $10,000 Crypto expert Tony The Bull, the visionary behind CoinChartist, discloses the compelling factors driving Ethereum toward the significant milestone of $10,000. Drawing insights from the intriguing Hurst Cycle Theory, Tony highlights cyclical patterns evident in the ETH/USDT chart, attributing the consistent uptrend in Ethereum to the strategic accumulation of tokens.

Bitcoin’s recent price surge reflects investor optimism, exemplified by the Fear and Greed Index reaching levels not seen since November 2021. What lies ahead? Between October and early November, Bitcoin’s price trajectory showcased a commendable uptrend, marking an impressive 34% increase from its starting point in the $27,000 range to a 16-month high of $35,919

Crypto enthusiasts were already thrilled when Bitcoin (BTC) surpassed $31,000 on Monday. Then came the remarkable ascent. During the later hours of the day, Bitcoin notched up $32,000, followed swiftly by $33,000, then $34,000, and finally hit $35,000 within a matter of minutes. Perpetual contracts listed on Binance’s exchange nearly touched $36,000. This impressive run

Source: Adobe Stock Bitcoin (BTC) has surged in dominance within the cryptocurrency market, exceeding 49% and marking its highest level in over two years. Based on data from CoinGecko, Bitcoin’s current dominance stands at 49.58%, nearly three times greater than Ethereum (ETH), the second-largest cryptocurrency by market capitalization, which currently holds approximately 16.7% of the