Ripple chief technology officer David Schwartz says investors should not hope for gains on stablecoins as his firm prepares to launch its new dollar-pegged crypto asset. In a new post on social media platform X, Schwartz says Ripple USD (RLUSD) may experience supply shortages in the early days of its debut given the pre-market demand […]
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Bitcoin is forecast to soar to $150,000 by mid-2025, as surging FOMO and institutional investment drive ultra-bullish momentum in the cryptocurrency market. Bitcoin Could Hit $150K by Mid-2025 as FOMO Sends Markets Into Overdrive Nigel Green, CEO of financial advisory firm Devere Group, has predicted that bitcoin could climb to a new high of $150,000 […]
Bitcoin’s new all-time high has ignited fear of missing out (FOMO) among investors, driving speculation on how high it could soar before any realities dampen the momentum. Bitcoin’s Unstoppable Climb Ignites FOMO Across Global Markets Bitcoin has reached a new all-time high, spurred by investor enthusiasm and a wave of “fear of missing out” (FOMO) […]
Smart contract platform Cardano (ADA) could soon witness retail fear of missing out (FOMO), according to crypto analytics platform Santiment. In a new thread on the social media platform X, Santiment says that ADA’s surprising 25% jump last week will prompt retail investors to jump into the crypto asset. “Cardano has been one of the […]
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Crypto ownership among retail investors continues to increase despite market setbacks over the past four years.
Crypto ownership has significantly increased among retail investors since 2020, according to the Board of the International Organization of Securities Commissions (IOSCO), which called for more investor education about the space.
Fifteen out of 24 surveyed jurisdictions reported up to 10% or more of retail investors owned crypto last year, while six jurisdictions reported up to 30% or more crypto ownership, according to an Oct. 9 IOSCO report.
This is a steep increase from 2020, when half of the responding jurisdictions estimated that between 1% and 5% or less of investors owned crypto.
August had an average rating of "Fear" on the Crypto Fear and Greed Index, hitting a yearly low of 17 on Aug. 6.
The Crypto Fear and Greed Index has reached its highest point since July, spending two consecutive days above a score of 60.
The index’s Sept. 28 update showed a score of 64, placing it within the “Greed” territory as the Bitcoin (BTC) price briefly touched the $66,000 mark, according to CoinMarketCap.
The Crypto Fear and Greed Index was created to numerically represent the current “emotions and sentiments” toward Bitcoin and the crypto market. The highest score is 100, and the lowest is 0.
Bitcoin appears on the verge of confirming a death cross, but one analyst says historical data suggests it's nothing to worry about.
Bitcoin’s (BTC) price action looks to be approaching a “death cross,” but one crypto analyst believes it might not be “so deadly” based on historical patterns. Instead, it could be a bear trap before Bitcoin enters a “super bull rally,” looking at a theoretical BTC’s seven-year super cycle.
A death cross is a bearish signal that occurs when the 50-day simple moving average (SMA) of an asset’s market price falls below the 200-day SMA.
Currently, Bitcoin’s 50-day SMA is at $62,141 and falling, indicating a potential crossover with the 200-day SMA at $61,676.
Crypto traders appear to agree that today’s market rout is far from over.
Bitcoin (BTC) tumbled below $50,000 during the early Asian trading hours on Aug. 5 as risk-off sentiment gripped global markets. Bitcoin is down nearly 31% over the last three days in a “once in a 7-10 yr event” that has left analysts with mixed opinions on whether BTC will recover in the short term.
Bitcoin’s drop below $50,000 has seen more than $500 billion wiped out of the crypto market in just 24 hours, accompanied by the liquidation of many leverage positions.
According to data from Coinglass, approximately $1.08 billion worth of leverage positions have been liquidated across derivatives markets, with long liquidations accounting for 74% of these, at $803.76 million.
Bitcoin traders anticipate a potential price drop below $60,000. Will dip buyers show up?
Bitcoin (BTC) dropped by $2,300 one hour after the Wall Street opening on Aug. 2, reaching $62,368 on Coinbase. Bitcoin price has seen little change, rising 1% over the last 24 hours to trade at $63,252.
This sell-off has seen the price lose key support levels: the 50-day exponential moving average (EMA) at $64,300 and the 100-day EMA at $63,670.
“We got the #Bitcoin sweep I was waiting for and a nice reclaim of the range,” declared Bitcoin analyst AlphaBTC in an Aug. 2 post on X.
Bitcoin’s decisive move above $65,000 and miners' return to deep profitability could lead to BTC hitting $220,000.
Bitcoin could be headed to $220,000 after reclaiming key support levels during the current market recovery. This price target is based on historical Bitcoin miner capitulation patterns as observed by multiple crypto traders.
“The end of Miner Capitulation periods following Bitcoin Halvings” has historically preceded significant increases in BTC price “in the subsequent months and year,” pseudonymous crypto analyst Cryptonary wrote in a July 17 X post, when Bitcoin (BTC) was hovering just below $65,000.
The analysts shared a hash ribbons chart showing miner capitulation periods and their characteristics. The chart revealed that the end of miner capitulation in previous Bitcoin halving cycles has been followed by massive increases in BTC price: 5,110%, 3,346% and 591% increases post-miner capitulation during the 2012, 2016 and 2020 cycles, respectively.
