Ethereum: Rising Prices Lead to Riskier Bets? The recent price increase of Ethereum (ETH) seems to be leading traders to take riskier bets. In the last three months, addresses likely holding less than 10 million ETH have probably sold. Ethereum’s Bullish Tendency Ethereum is showing a bullish tendency on the price charts. The distribution of…
XRP-FUD could turn into FOMO in the coming days Despite uncertainties about Ripple’s transactions, XRP did not fall below $0.56. On-chain metrics and technical indicators suggest a short-term price increase. Early on the morning of February 20, Ripple [XRP] moved 60 million tokens between wallets. According to Whale Alert, the transaction went from Ripple’s wallet…
Ethereum’s price surge raises hopes for ‘Altseason’ While the price of Bitcoin [BTC] reached new heights in recent days, Ethereum [ETH] followed this trend. On February 19, ETH reached its highest price in 22 months, rising to $2,980. This is the first time since April 2022 that ETH has approached $3,000. This significant price increase…
Bitcoin could rise above $100,000 USD in the next 18 months Due to the upcoming Bitcoin halving event in 2024, the cryptocurrency industry is optimistic about BTC’s chances. Anthony Pompliano, founder and investor at Pomp Investments, suggests an inevitable “supply shockwave” expected for Bitcoin’s future after the halving in a recent interview with Fox Business…
Bitcoin Drives Crypto Inflows to 26-Week High Crypto funds recorded net inflows of over $2.5 billion for the third week in a row. This is primarily due to Bitcoin, which accounted for over 99% of total inflows. Record Inflows into Digital Asset Funds Last week, digital asset funds recorded record inflows totaling $2.45 billion. This…
MATIC reclaims the 1-dollar mark – Could this be a sign of further gains? MATIC, the native cryptocurrency of the Polygon network, has recently reclaimed the 1-dollar mark. This positive development could indicate further gains. But what about the details? The facts at a glance After a 20 percent increase over the past seven days,…
Accusations of XRP Manipulation: Ripple CTO Demands Explanation Ripple’s CTO, David “JoelKatz” Schwartz, has vehemently denied allegations of XRP price manipulation. This discussion arose on February 18th on X (formerly Twitter) and is likely due to ongoing concerns and controversies surrounding Ripple and its handling of XRP. Accusations and Defense In particular, Ripple’s sales strategy…
Ether Surpasses Bitcoin: Looking at the Basics Ether (ETH) has put in an impressive performance over the past seven days, outperforming Bitcoin (BTC) in terms of value increase. While Bitcoin increased by 8.5% during this time, Ether was able to record a plus of 16%. The price of Ether has exceeded the $2,900 mark for…
Solana – A Success Story Despite Obstacles Within one year, Solana (SOL) has established itself as a top-5 cryptocurrency, achieving a remarkable growth of 300%. Despite some network disruptions and a difficult start to 2024, the question remains: Is it wise to bet on Solana in 2024? Developments at Solana In an interview with Scott…
Rising Hashrate in Bitcoin: What happens to the miner fees? The hashrate of the Bitcoin network shows a clear increase. At the same time, Bitcoin is maintaining a trend above $50,000. Current data suggest that the increase in Bitcoin prices has a significant impact on the network difficulty and the hashrate. But how do these…