Bitcoin climbed back above $70,000 on Friday after earlier falling to a 16-month low, lifted by a sharp recovery in technology stocks and precious metals after a global rout that hit a wide range of risk assets. The world’s largest cryptocurrency last rose more than 11% to $70,231, rising to $71,464.96 and reversing losses that […]
A well-known financial coach in the XRP community has urged patience, calling the cryptocurrency’s price drop below $2 a rare long-term buying opportunity. According to his public posts, he described XRP trading below $2 as “one of the greatest blessings of our lives” and said he continues to actively accumulate at current levels. Related reading […]
Bitcoin proponents are warning holders not to ditch BTC to buy gold, even if the metal climbs above $4,000 an ounce. According to market researcher Matthew Kratter, Bitcoin’s characteristics – such as ease of transfer, clear supply rules and divisibility – make it a stronger long-term store of value than gold. Related reading Concerns about […]
Ethereum’s derivatives market is showing signs of a decisive shift beneath the surface, and price action is about to return above the $3,000 mark. Data on the chain shows that the behavior of traders on major exchanges is changing towards a more accumulative phase. Even if ETH remains hanging below the psychologically important price level […]
XRPs recent drop to $2 hasn’t changed the broader technical picture, according to a new analysis shared on X by crypto analyst Egrag Crypto. Despite the lack of bullish price action in recent weeks, the technical analysis suggests that the market structure continues to favor an upward continuation rather than the end of the trend. […]
A sharp increase in crypto liquidations sends a louder signal that some traders have used more leverage in recent months. Related reading Average daily wipeouts have risen from about $28 million long and $15 million short last cycle to about $68 million long and $45 million short in the current cycle, according to new research […]
A recent comment from crypto analyst CryptoTank has drawn attention to a long-standing misconception about the size of the XRP community. His post focused on the widely quoted figure of seven million XRP wallets and explained why this number does not represent the number of real holders. The clarification comes at a time when XRP […]
XRP has spent the past week continuing a downtrend from the previous week, falling from above $2.50 before recovering around $2.12 and now hovering around $2.30. The price action reflects a market struggling to find direction, caught between bullish optimism and continued selling pressure. Despite the broader slowdown in its price action, technical analysis shows […]
They say journalists never really clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-changing tides of the cryptocurrency market, using words like a seasoned editor and articles that decipher the jargon for the masses. However, when the PC enters sleep mode, its activities take a […]
Bitcoin traded just above $121,000 on Wednesday, holding gains after falling from a recent peak above $126,000. According to analyst Egrag Crypto, a small market move could trigger a much larger rally, building on a pattern he believes has repeated itself in recent cycles. Related reading Historical canal outbreaks Egrag’s view is based on a […]