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How the Adoption of the XRP Ledger Nearly Doubled in 3 Years
https://beincrypto.com/xrp-ledger-wallets-hits-milestone/
The number of XRP Ledger wallets with a non-zero balance has reached a record 5.02 million, representing a 170% increase since the start of 2020. Despite this, XRP's price remains lackluster.
The post How the Adoption of the XRP Ledger Nearly Doubled in 3 Years (https://beincrypto.com/xrp-ledger-wallets-hits-milestone/) appeared first on BeInCrypto (https://beincrypto.com/).
These 2 Factors Suggest Signs of a Market Correction Phase Ending
https://beincrypto.com/signals-suggest-btc-correction-end/
Bitcoin's market correction phase may be ending due to short-term holders' unrealized profit margins nearing zero and a decline in Grayscale Bitcoin Trust's selling pressure, suggesting potential market stabilization.
The post These 2 Factors Suggest Signs of a Market Correction Phase Ending (https://beincrypto.com/signals-suggest-btc-correction-end/) appeared first on BeInCrypto (https://beincrypto.com/).
ETFs Now Hold 638,900 Bitcoin Worth $26.8 Billion: Analysts Expect Bullish Breakout
https://beincrypto.com/bitcoin-btc-etf-holdings/
Analysts predict Bitcoin (BTC) price reversal amid bullish signals, but cautions against over reliance on optimistic models.
The post ETFs Now Hold 638,900 Bitcoin Worth $26.8 Billion: Analysts Expect Bullish Breakout (https://beincrypto.com/bitcoin-btc-etf-holdings/) appeared first on BeInCrypto (https://beincrypto.com/).
Why Bitcoin Has Yet to Enter Real Bull Market Territory
https://beincrypto.com/bitcoin-real-bull-market-territory/
Despite recent price trends, Bitcoin is not in a true bull market. Increased exchange inflows and ownership shifts, without key bull market indicators, suggest a cautious approach is necessary, according to IntoTheBlock analysts.
The post Why Bitcoin Has Yet to Enter Real Bull Market Territory (https://beincrypto.com/bitcoin-real-bull-market-territory/) appeared first on BeInCrypto (https://beincrypto.com/).
Are High Staking Inflation Rates a Death Sentence for These Altcoins?
https://beincrypto.com/altcoins-high-staking-inflation-rates/
High staking inflation rates are threatening the value of Proof-of-Stake altcoins like Sui, Evmos, Sentinel, Umee, and Comdex, potentially undermining investor confidence and network security.
The post Are High Staking Inflation Rates a Death Sentence for These Altcoins? (https://beincrypto.com/altcoins-high-staking-inflation-rates/) appeared first on BeInCrypto (https://beincrypto.com/).
3 On-Chain Signals That Indicate Start of Bitcoin (BTC) Bull Market
https://beincrypto.com/on-chain-signals-indicate-btc-bull-market/
On-chain indicators signal a potential cycle shift in the crypto and Bitcoin (BTC) market, with key markers hinting at a long-term bull market onset.
The post 3 On-Chain Signals That Indicate Start of Bitcoin (BTC) Bull Market (https://beincrypto.com/on-chain-signals-indicate-btc-bull-market/) appeared first on BeInCrypto (https://beincrypto.com/).
Why These 5 Altcoins Could Drop Due to a Spike in Profit-Taking
https://beincrypto.com/altcoins-overbought-could-drop/
High MVRV values suggest Ethereum Name Service, Arbitrum, Mantle, Maker, and Ethereum are overbought. Investors must consider market volatility and unique crypto characteristics before deciding to sell in this dynamic market environment.
The post Why These 5 Altcoins Could Drop Due to a Spike in Profit-Taking (https://beincrypto.com/altcoins-overbought-could-drop/) appeared first on BeInCrypto (https://beincrypto.com/).
Did Bitcoin Hit a Market Top? Smart Whale Sold 2,742 BTC
https://beincrypto.com/crypto-whales-bitcoin-market-top/
A Bitcoin whale sold 2,742 BTC for a profit of over $75 million, suggesting a potential market top. This aligns with a dip in the Inter-Exchange Flow Pulse, indicating a bearish trend.
The post Did Bitcoin Hit a Market Top? Smart Whale Sold 2,742 BTC (https://beincrypto.com/crypto-whales-bitcoin-market-top/) appeared first on BeInCrypto (https://beincrypto.com/).
Forecasting Ripple: Is There a Further Decline in the XRP Price on the Horizon?
https://beincrypto.com/ripple-decline-in-xrp-price-horizon/
Ripple's (XRP) recent 33% price drop leads to speculation about its next move. If current support holds, a stabilization or rebound may follow; if breached, further decline could occur.
The post Forecasting Ripple: Is There a Further Decline in the XRP Price on the Horizon? (https://beincrypto.com/ripple-decline-in-xrp-price-horizon/) appeared first on BeInCrypto (https://beincrypto.com/).
After a 26% Drop: Is the Cardano (ADA) Price Set for Recovery or Further Fall?
https://beincrypto.com/ada-price-recovery-further-fall/
Cardano's (ADA) 26% price drop prompts questions about its future. Will it decline further or recover? Current substantial support is crucial for ADA's next move.
The post After a 26% Drop: Is the Cardano (ADA) Price Set for Recovery or Further Fall? (https://beincrypto.com/ada-price-recovery-further-fall/) appeared first on BeInCrypto (https://beincrypto.com/).
Bitcoin (BTC) Funding Rate At 66%, Altcoin Season to Begin Soon, Says Matrixport
https://coingape.com/bitcoin-btc-funding-rate-at-66-altcoin-season-to-begin-soon-says-matrixprot/
On Monday, January 1, the Bitcoin (BTC) price gave a strong bounceback gaining more than 7% and shooting past $45,000 levels. Everyone is awaiting the spot Bitcoin ETF approval which shall tentatively happen by the next week around January 10. Bitcoin Price Above $50,000 As per the recent Matrixport report, the Bitcoin funding rate has
The post Bitcoin (BTC) Funding Rate At 66%, Altcoin Season to Begin Soon, Says Matrixport (https://coingape.com/bitcoin-btc-funding-rate-at-66-altcoin-season-to-begin-soon-says-matrixprot/) appeared first on CoinGape (https://coingape.com/).
Bitcoin NFT Sales Hit New Record for December 2023, What’s Ahead in January?
https://coingape.com/bitcoin-nft-sales-hit-new-record-for-december-2023-whats-ahead-in-january/
While the Bitcoin price flirts around $42,500 level, the Bitcoin blockchain witnesses strong network activity. Thanks to the surge in NFT sales happening in 2023 on the Bitcoin blockchain. NFT Sales Surge on Bitcoin Blockchain According to data from Cryptoslam, the month of December 2023 witnessed an unprecedented surge in Non-Fungible Token (NFT) sales on
The post Bitcoin NFT Sales Hit New Record for December 2023, What’s Ahead in January? (https://coingape.com/bitcoin-nft-sales-hit-new-record-for-december-2023-whats-ahead-in-january/) appeared first on CoinGape (https://coingape.com/).
Top Analyst Expects Bitcoin Price To Hit $50000 Before 40% Correction
https://coingape.com/top-analyst-expects-bitcoin-price-to-hit-50000-before-40-correction/
Bitcoin (BTC), the world’s largest and oldest cryptocurrency, had fallen below $42,000 today before recovering. The pullback could be attributed to over $10 million worth of BTC options expiry on Friday, December 29, 2023. However, in a recent post on X, Ali Martinez, a top crypto analyst, predicted that Bitcoin price could hit $50,000 before
The post Top Analyst Expects Bitcoin Price To Hit $50000 Before 40% Correction (https://coingape.com/top-analyst-expects-bitcoin-price-to-hit-50000-before-40-correction/) appeared first on CoinGape (https://coingape.com/).
Will Increased Ethereum (ETH) Network Activity Fuel a Price Surge?
https://beincrypto.com/eth-network-activity-fuel-price-surge/
Ethereum network activity has surged, with new addresses increasing by around 17.5% and active addresses by around 23%. Over 76% of Ethereum addresses Et
The post Will Increased Ethereum (ETH) Network Activity Fuel a Price Surge? (https://beincrypto.com/eth-network-activity-fuel-price-surge/) appeared first on BeInCrypto (https://beincrypto.com/).
BTC Price Contains Losses At $42,000 On Bitcoin ETF Hopes, What’s Next?
https://coingape.com/btc-price-contains-losses-at-42000-on-bitcoin-etf-hopes-whats-next/
Bitcoin (BTC) along with the broader cryptocurrency market entered a strong retracement on Tuesday, December 26. The Bitcoin price dropped some odd 3%, however, it has contained well above the $42,000 level. Bitcoin ETF Developments on Radar Bitcoin experienced a pullback as traders evaluated potential reactions in the cryptocurrency markets following regulatory decisions on the
The post BTC Price Contains Losses At $42,000 On Bitcoin ETF Hopes, What’s Next? (https://coingape.com/btc-price-contains-losses-at-42000-on-bitcoin-etf-hopes-whats-next/) appeared first on CoinGape (https://coingape.com/).
Dollar-Cost Averaging for Bitcoin: Is $120,000 Coming Soon?
https://beincrypto.com/dca-strategy-bitcoin-halving/
With Bitcoin's fourth halving approaching in April 2024, reducing miner rewards from 6.25 to 3.125 BTC per block, analysts suggest now is prime for accumulation and dollar cost averaging (DCA).
The post Dollar-Cost Averaging for Bitcoin: Is $120,000 Coming Soon? (https://beincrypto.com/dca-strategy-bitcoin-halving/) appeared first on BeInCrypto (https://beincrypto.com/).
Ethereum Foundation Sells 700 ETH: Could This Trigger a Price Dip?
https://beincrypto.com/ethereum-foundation-sold-millions-in-eth/
The Ethereum Foundation sold 700 ETH for 1.68 million DAI, a stablecoin pegged to the US dollar.
The post Ethereum Foundation Sells 700 ETH: Could This Trigger a Price Dip? (https://beincrypto.com/ethereum-foundation-sold-millions-in-eth/) appeared first on BeInCrypto (https://beincrypto.com/).
Shibarium Nears 300 Million Transactions: Is Shiba Inu (SHIB) Ready to Break Out?
https://beincrypto.com/shiba-inu-shibarium-transactions/
Shiba Inu SHIB price has witnessed a reversal of fortunes over the past day as Shibarium approaches a notable milestone.
The post Shibarium Nears 300 Million Transactions: Is Shiba Inu (SHIB) Ready to Break Out? (https://beincrypto.com/shiba-inu-shibarium-transactions/) appeared first on BeInCrypto (https://beincrypto.com/).
This Crypto Whale Bought Over $8 Million in Chainlink (LINK)
https://beincrypto.com/crypto-whale-million-chainlink-link-bet/
A crypto whale purchased 601,949 Chainlink (LINK) tokens, valued at $8.2 million, during a recent price drop, signalling potential confidence in the cryptocurrency's future.
The post This Crypto Whale Bought Over $8 Million in Chainlink (LINK) (https://beincrypto.com/crypto-whale-million-chainlink-link-bet/) appeared first on BeInCrypto (https://beincrypto.com/).
Ethereum Staking Hits New High: Nearly 30 Million ETH Locked
https://beincrypto.com/ethereum-eth-staking-total-supply/
Ethereum's 24% staking milestone post-Shapella upgrade indicates a shift towards earning passive income. With enhanced liquidity and a robust staking market cap, investor confidence in Ethereum’s long-term value is evidently growing.
The post Ethereum Staking Hits New High: Nearly 30 Million ETH Locked (https://beincrypto.com/ethereum-eth-staking-total-supply/) appeared first on BeInCrypto (https://beincrypto.com/).
Indicator Signals Altcoin Season: Is Solana (SOL) Ready for Next Leg Up?
https://beincrypto.com/solana-sol-new-altcoin-season/
The Altcoin Season Index has surpassed the critical threshold of 75, signaling a shift in capital from Bitcoin to altcoins like Solana (SOL), which has seen a 6.7% price increase over the past week.
The post Indicator Signals Altcoin Season: Is Solana (SOL) Ready for Next Leg Up? (https://beincrypto.com/solana-sol-new-altcoin-season/) appeared first on BeInCrypto (https://beincrypto.com/).
These 4 On-Chain Signals Suggest Bitcoin (BTC) Pre-Halving Correction
https://beincrypto.com/signals-btc-pre-halving-correction/
Rising Bitcoin prices and on-chain signals suggest an overheating crypto market, especially relevant with the upcoming Bitcoin halving.
The post These 4 On-Chain Signals Suggest Bitcoin (BTC) Pre-Halving Correction (https://beincrypto.com/signals-btc-pre-halving-correction/) appeared first on BeInCrypto (https://beincrypto.com/).
These Are the Most Undervalued Cryptos: Is it Time to Buy the Dip?
https://beincrypto.com/undervalued-cryptos-buy-dip/
Exploring the MVRV ratio's insights, several cryptos like Fantom and Loopring appear undervalued, posing a potential investment opportunity. Investors should balance market trends and individual crypto characteristics before buying the dip.
The post These Are the Most Undervalued Cryptos: Is it Time to Buy the Dip? (https://beincrypto.com/undervalued-cryptos-buy-dip/) appeared first on BeInCrypto (https://beincrypto.com/).
Bitcoin Hits a 15-Year Milestone: Second Highest Anniversary Close Ever
https://beincrypto.com/bitcoin-milestone-second-highest-close-ever/
BTC's price fell 10% in 2 hours in a recent crypto market crash, yet such volatility doesn't faze long-term investors, considering Bitcoin's historical performance and value.
The post Bitcoin Hits a 15-Year Milestone: Second Highest Anniversary Close Ever (https://beincrypto.com/bitcoin-milestone-second-highest-close-ever/) appeared first on BeInCrypto (https://beincrypto.com/).
Bitcoin’s MVRV Data Points Out Potential Targets of $52,000 and $70,000
https://coingape.com/bitcoins-mvrv-data-points-out-potential-targets-of-52000-and-70000/
With the Bitcoin ETF approval around the corner, everyone’s wondering where is Bitcoin heading from here onwards. Earlier this week, the Bitcoin price gave a strong breakout above $45,000 and continues to hold above this level. Bitcoin Price Target At $50,000 And More? Some on-chain metrics suggest that Bitcoin is currently facing some buying pressure
The post Bitcoin’s MVRV Data Points Out Potential Targets of $52,000 and $70,000 (https://coingape.com/bitcoins-mvrv-data-points-out-potential-targets-of-52000-and-70000/) appeared first on CoinGape (https://coingape.com/).
BTC Price Can Retest $37,000 In January Despite Bitcoin ETF Approval, Here’s Why
https://coingape.com/btc-price-can-retest-37000-in-january-bitcoin-etf-approval-heres-why/
The Bitcoin (BTC) price has been flirting around for a while at $42,500 levels as investors eagerly await the launch of the first spot Bitcoin ETF in the US. A report from last week suggests that the approval from the U.S. SEC is most likely to arrive this week. Will Bitcoin ETF Be A Sell
The post BTC Price Can Retest $37,000 In January Despite Bitcoin ETF Approval, Here’s Why (https://coingape.com/btc-price-can-retest-37000-in-january-bitcoin-etf-approval-heres-why/) appeared first on CoinGape (https://coingape.com/).
Bitcoin ETF Approval News Won’t Lead to Crypto Market Rally As Per Options Data
https://coingape.com/bitcoin-etf-approval-news-wont-lead-to-crypto-market-rally-as-per-options-data/
The first of 2024 is going to be pretty exciting for Bitcoin investors and the entire crypto community which has been eagerly awaiting the launch of the first spot Bitcoin ETF in the US. As per the latest reports, the U.S. SEC could be contacting the Bitcoin ETF applicants earlier next week. Bitcoin ETF News
The post Bitcoin ETF Approval News Won’t Lead to Crypto Market Rally As Per Options Data (https://coingape.com/bitcoin-etf-approval-news-wont-lead-to-crypto-market-rally-as-per-options-data/) appeared first on CoinGape (https://coingape.com/).
Last Bitcoin Options Expiry of the Year, Here’s What the Data Tells
https://coingape.com/last-bitcoin-options-expiry-of-the-year-heres-what-the-data-tells/
The year 2023 has been quite eventful for Bitcoin investors with the world’s largest cryptocurrency recording a 160% surge. Bitcoin continues to be investors’ favorite as we head into 2024 with the community eagerly awaiting the launch of the first Bitcoin ETF of the market. Last Bitcoin Options Expiry of 2023 Today is the last
The post Last Bitcoin Options Expiry of the Year, Here’s What the Data Tells (https://coingape.com/last-bitcoin-options-expiry-of-the-year-heres-what-the-data-tells/) appeared first on CoinGape (https://coingape.com/).
Technical Indicator Signals Big Bitcoin Pullback—Will BTC Dump Before New Year?
https://beincrypto.com/technical-indicator-bitcoin-pullback-btc-dump-year/
The Puell Multiple, a technical indicator for Bitcoin markets, suggests that Bitcoin is overbought and a price correction may be imminent. This indicator correctly predicted significant reversals in 2012, 2016, and 2019.
The post Technical Indicator Signals Big Bitcoin Pullback—Will BTC Dump Before New Year? (https://beincrypto.com/technical-indicator-bitcoin-pullback-btc-dump-year/) appeared first on BeInCrypto (https://beincrypto.com/).
These 3 Signals Are Boosting Altcoin Season Anticipation
https://beincrypto.com/signals-altcoin-season-anticipation/
As the crypto market emerges from a prolonged downturn, indicators suggest an approaching Altcoin Season, marked by a potential resurgence in Ethereum and a shift in market capitalization trends. This analysis delves into the technical signals and market dynamics hinting at a pivotal shift in the crypto landscape.
The post These 3 Signals Are Boosting Altcoin Season Anticipation (https://beincrypto.com/signals-altcoin-season-anticipation/) appeared first on BeInCrypto (https://beincrypto.com/).