Tag: Trends
Solana-Ether Ratio Drops to 3-Month Low, Analyst Predicts Continued Decline
The SOL/ETH ratio has dropped to a 3-month low as the speculation surrounding an ether ETF continues to impact altcoins like Solana's SOL token. The decline in the ratio, currently at 0.038 on Binance,...
Bitcoin Price Must Break $50,000 for Rally
Bitcoin experienced a flash crash on July 4 and 5, leading to a 30% drop from its all-time highs. Despite a slight recovery over the weekend, the world's most valuable coin, BTC, remains in...
Bitcoin Price Analysis: 4 Consecutive Weekly Declines Spark Memories of 2017 Bull Market
Bitcoin has been on a rollercoaster ride in recent weeks, experiencing four consecutive weekly declines that have sparked memories of the 2017 bull market. This recent decline, which saw an 11% correction in the...
Is Bitcoin Near Bottom? Analysts Identify Signs of Capitulation as Prices Drop Below $58K
Samuel Edyme, also known as HIM-buktu, is a versatile web3 content writer, journalist, and aspiring trader. With a talent for words and a keen eye for trends, Edyme has written for various industry players,...
Bitcoin and Crypto Market Outlook: Analyst Warns of Potential Pain Ahead
Bitcoin and other cryptocurrencies have had a tumultuous second quarter in 2024, with prices struggling to maintain their earlier highs. While the year began with bullish predictions of Bitcoin reaching $100,000, the reality has...
Bitcoin’s Maturity Forecasted Using Power-law Model After 2024 Halving
Bitcoin's maturity after the 2024 halving is being forecasted using a power-law model. This model provides a mathematical description of Bitcoin's historical price trends, showing a power-law distribution on a log-log scale. The analysis...
Solana Achieves Record Monthly Users Despite Price Decline
Solana (SOL) has been facing a challenging time recently with a noticeable decrease in its market value. Data from CoinMarketCap shows that the "Ethereum Killer" has experienced a 6.36% decline in its weekly chart,...
Crypto Assets Rally in Americas as BTC Returns to $66K
Crypto assets in the Americas saw a rally with bitcoin rising to $66,300 and ether to $3,600. The broader digital asset market, measured by the CoinDesk 20 Index (CD20), climbed about 1%, with Avalanche's...
Reassessing the Validity of High Ether Volatility Predictions
Spot Ether exchange-traded funds (ETFs) are set to make their debut in the United States this year, sparking a surge in excitement among investors. The anticipation of these new ETFs has led to a...
Is FLOKI Doomed? Analyst Forecasts 80% Drop for Shiba Inu Rival
FLOKI, a competitor to Shiba Inu, has seen a significant increase in its price this year, attracting many new investors to the meme coin. However, one crypto analyst has predicted a drastic price crash...