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CORE, THETA, and CRV Lead the Gains While Fear and Greed Index Signals ‘Extreme Greed’

CORE, THETA, and CRV Lead the Gains While Fear and Greed Index Signals ‘Extreme Greed’The crypto economy is hovering around $3.41 trillion on Saturday, with core dao (CORE) stealing the spotlight by jumping 31.92% against the U.S. dollar. CRV, ENS, and THETA followed suit, climbing between 28% to 31%. Meanwhile, act 1: the ai prophecy (ACT) took a 13.39% dip, while peanut the squirrel (PNUT) slid 5.2% in the […]

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XRP Rockets Towards $2 as Bullish Momentum Surges

XRP Rockets Towards  as Bullish Momentum SurgesXRP has witnessed an impressive surge, climbing 16.4% in the last 24 hours to reach $1.72. This rally positions XRP as the fifth-largest cryptocurrency by market capitalization, with bullish trends evident across all timeframes. XRP On the daily chart, XRP exhibits a robust uptrend, having risen from $0.50 to $1.72 in a parabolic movement this […]

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Is Bitcoin’s Uptober beginning, or will today’s BTC rally end with more of the same? 

Bitcoin rallied to $66,300 on Oct. 14, but definitive proof of a structural trend change remains in question. 

Bitcoin price opened the week with a strong push to $66,300, but will bulls be able to maintain the current momentum?

For the past seven months, a majority of Bitcoin (BTC) price rallies have been capped at overhead resistance, most recently the $65,000–$66,000 level where the price has yet to secure a daily close. 

Oct. 14’s price rally puts Bitcoin in a similar scenario where the descending channel’s trendline was briefly breached, but it’s yet to be determined if BTC will close the day firmly above the channel resistance. 

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Bitcoin Gains Expected as US Jobs Data Drives Fed Rate Cuts, Analyst Says

Bitcoin Gains Expected as US Jobs Data Drives Fed Rate Cuts, Analyst SaysA researcher from 21shares has offered an analysis of how bitcoin’s price could respond to the U.S. jobs report. The analyst indicates that BTC prices could increase if the Federal Reserve reduces interest rates. These rate cuts, which are likely tied to labor market trends, could lower borrowing costs, potentially boosting the cryptocurrency market. Bitcoin’s […]

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Crypto in ‘extreme fear’ as Arthur Hayes tips ‘sub $50K’ Bitcoin weekend

Crypto market sentiment dropped back into “extreme fear” amid Bitcoin’s price slump, with Arthur Hayes predicting that it could drop again.

Crypto market sentiment has fallen back into “extreme fear” as Bitcoin briefly fell below $56,000, while BitMEX co-founder Arthur Hayes predicts it could sink at another 12% to fall under $50,000 over the weekend.

The Crypto Fear & Greed Index — which measures market sentiment and trends to give a total possible score of 100 — hit a score of 22 on Sept. 6, showing “extreme fear,” a seven-point drop from the day prior that pinned sentiment at “fear.” 

It’s the lowest score and price since the index hit 20 on Aug. 8 and the first time it has re-entered the “extreme fear” zone since Aug. 12, when the index hit 25.

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Bitcoin 7-Day Hashrate Average Hits Record 677 EH/s, Surpassing May 25 High

Bitcoin 7-Day Hashrate Average Hits Record 677 EH/s, Surpassing May 25 HighAccording to recent data, bitcoin’s total hashrate achieved a record high this week, based on the seven-day simple moving average (SMA). On July 25, the hashrate, measured by the seven-day SMA, reached 677 exahash per second (EH/s), surpassing the 659 EH/s recorded on May 25. Bitcoin Hashrate Breaks Records Bitcoin’s hashrate has reached new peaks […]

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This Week’s Crypto Gainers: Worldcoin Leads Surge, ZBC and SEI See Largest Declines

This Week’s Crypto Gainers: Worldcoin Leads Surge, ZBC and SEI See Largest DeclinesAlthough last week saw some progress compared to the previous one, bitcoin has only experienced a slight 2% increase, whereas ethereum has incurred a 1.6% loss during the same period. Among alternative cryptocurrencies, worldcoin (WLD) emerged as the standout performer, surging by 32.4% against the U.S. dollar, while render (RNDR) experienced a notable spike of […]

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Arthur Hayes Says US Election To Spark Excessive Government Money Printing, Offers Golden Opportunity for Crypto

Arthur Hayes Says US Election To Spark Excessive Government Money Printing, Offers Golden Opportunity for Crypto

BitMEX founder Arthur Hayes thinks excessive money printing in the lead-up to November’s US presidential election will drive a surge in Bitcoin (BTC) and crypto prices. In a new analysis, Hayes argues that major global economic blocs including the US, China, the European Union (EU) and Japan are debasing their currencies to deleverage their balance […]

The post Arthur Hayes Says US Election To Spark Excessive Government Money Printing, Offers Golden Opportunity for Crypto appeared first on The Daily Hodl.

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Amid a Week of Severe Crypto Lows, TON and ONDO Record Gains Despite Broad Market Declines

Amid a Week of Severe Crypto Lows, TON and ONDO Record Gains Despite Broad Market DeclinesThe past week has not been favorable for the majority of cryptocurrency assets, with only four specific digital currencies recording gains. This week, ONDO appreciated by 13.2%, TON increased by 11.3%, PENDLE grew by 6%, and LEO saw a slight uptick of 0.5%. Market Update: A Tough Week for Crypto With Few Standouts The landscape […]

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Crypto Gainers of the Week: Nervos Leads With a 47.1% Jump, Bitget Token and Bittensor Follow

Crypto Gainers of the Week: Nervos Leads With a 47.1% Jump, Bitget Token and Bittensor FollowIn the recent week, bitcoin and ethereum have regained their pace, with a specific set of nine cryptocurrencies posting significant gains in the double digits. During this period, CKB enjoyed a 47.1% uptick, BGB ascended by 21.6%, and TAO increased by 19.3%. Highlighting the Week’s Crypto Victors and Losers On Monday, April 8, 2024, the […]

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