Bitcoin price push through $68K adds strength to SOL, DOGE, RUNE and BGB

October 27, 2024 Coin Telegraph

Bitcoin

Bitcoin’s bounce back to $68,000 raises the chance of a rally in SOL, DOGE, RUNE and BGB.

Bitcoin (BTC) is down just over 2% this week, but a positive sign is that the buyers have not allowed the price to sustain below $65,000. That started a recovery, pushing Bitcoin above $67,500 on Oct. 27. Kraken analysts believe that Bitcoin’s “trend should remain constructive” as long as Bitcoin stays above $66,500.

However, not everyone is bullish on Bitcoin’s prospects in the near term. Crypto analyst Luca said in a post that Bitcoin could witness “another flush to 60K,” before a local bottom can be confirmed.

Crypto market data daily view. Source: Coin360

One Factor Could Be Hinting at Speculative Overheating in the Crypto Market, According to IntoTheBlock

Ledger Live enables THORChain’s decentralized native cross-chain swaps

October 22, 2024 Coin Telegraph

Coin Telegraph

Ledger will allow users to swap assets across chains in its app using the decentralized liquidity protocol THORChain.

Ledger Live has partnered with decentralized finance protocol THORChain to launch native cross-chain swaps on its platform, allowing users to swap assets across blockchains from within the Ledger Live app.

The hardware wallet manufacturer announced the new feature in an Oct. 22 post to X, sharing that the new partnership would allow users to swap assets from different blockchains — such as swapping Bitcoin (BTC) into Ether (ETH) more easily.

Source: Ledger

One Factor Could Be Hinting at Speculative Overheating in the Crypto Market, According to IntoTheBlock

Bitcoin’s strong monthly close could spark a rally in XRP, TAO, RUNE and SEI

September 29, 2024 Coin Telegraph

Bitcoin

Bitcoin is en route to locking in a historic monthly performance, which could set a bullish path for XRP, TAO, RUNE, and SEI.

Bitcoin (BTC) has failed to run up following the breakout above $65,000, but a positive sign is that the bulls have not given up much ground. This suggests that the buyers are holding on to their positions as they expect the up move to extend further.

The United States-based spot Bitcoin exchange-traded funds witnessed inflows of $1.1 billion last week, the largest weekly flows since July 15-19. This shows that the sentiment has turned positive. The rally pushed the Crypto Fear & Greed Index into the greed territory at 63 on Sept. 29.

Crypto market data daily view. Source: Coin360

One Factor Could Be Hinting at Speculative Overheating in the Crypto Market, According to IntoTheBlock

Trader Predicts Big Surge for Bitcoin Ecosystem Altcoin and Two Additional Crypto Assets – Here Are His Targets

February 15, 2024 The Daily Hodl

Altcoins

A widely followed crypto trader believes that a trio of altcoins are gearing up for big moves to the upside. Pseudonymous analyst Kaleo tells his 620,300 followers on the social media platform X that he’s bullish on the native asset of ORDI (ORDI), a crypto project that aims to bring non-fungible token (NFT) capabilities to […]

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One Factor Could Be Hinting at Speculative Overheating in the Crypto Market, According to IntoTheBlock

Trader Predicts Nearly 200% Surge for Under-the-Radar Altcoin, Says 2024 Is Going To Be ‘Insane’ for Crypto

December 27, 2023 The Daily Hodl

Altcoins

A widely followed cryptocurrency analyst and trader is predicting that one under-the-radar altcoin will nearly triple in value. The analyst pseudonymously known as Kaleo tells his 612,400 followers on the social media platform X that scaling platform Celer Network (CELR) could break out from an enduring accumulation phase. “The DOT (Polkadot) ecosystem is ripping across […]

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One Factor Could Be Hinting at Speculative Overheating in the Crypto Market, According to IntoTheBlock

Analyst Says He ‘Could Easily See’ One Top-50 Altcoin That’s Exploded 230% in Two Months Hit New Record High

December 22, 2023 The Daily Hodl

Altcoins

A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a blue-chip altcoin that has more than tripled in value in two months. The analyst pseudonymously known as Kaleo tells his 611,900 followers on the X social media platform that if THORchain (RUNE) rises above the descending trendline on the daily chart that […]

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One Factor Could Be Hinting at Speculative Overheating in the Crypto Market, According to IntoTheBlock

Bitcoin price surge toward $40K boosts sentiment in KAS, RUNE, MNT and RNDR

December 3, 2023 Coin Telegraph

Bitcoin

Bitcoin’s recent rally toward $40,000 could further fuel traders' bullish sentiment for KAS, RUNE, MNT and RNDR.

Bitcoin (BTC) finally broke above the formidable resistance of $38,000 in the past week and marched closer to $40,000.

The major tailwind for Bitcoin is the expectation that the United States Securities and Exchange Commission (SEC) will approve a spot Bitcoin exchange-traded fund as early as January. Swan Bitcoin CEO Cory Klippsten said in an interview with Bloomberg that the window for the approval for the spot Bitcoin ETF “seems to have been narrowed to January 8th, 9th, or 10th.”

*Crypto market data daily view. Source:* *Coin360*

Several analysts expect Bitcoin’s price to soar after one or more spot Bitcoin ETFs are greenlighted.

Could Bitcoin's rise near $40,000 boost buying in altcoins? Let’s look at the charts of the top 5 cryptocurrencies that may attract investors.

Bitcoin price analysis

Bitcoin rose and closed above the overhead resistance of $37,980 on Dec.

One Factor Could Be Hinting at Speculative Overheating in the Crypto Market, According to IntoTheBlock

Crypto Trader Warns Slow Grind Down Incoming for Solana, Chainlink, Avalanche and One DeFi Altcoin

November 29, 2023 The Daily Hodl

Altcoins

A closely followed crypto strategist believes that four altcoins including Solana (SOL), Chainlink (LINK) and Avalanche (AVAX) will witness a bearish December. Pseudonymous analyst Altcoin Sherpa tells his 198,900 followers on the social media platform X that he thinks SOL, LINK and AVAX will likely give up some of their gains before the next leg […]

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One Factor Could Be Hinting at Speculative Overheating in the Crypto Market, According to IntoTheBlock

Trader Says Polygon on the Cusp of New Uptrend, Predicts Rallies for THORChain and Ocean Protocol

November 15, 2023 The Daily Hodl

Altcoins

A popular crypto trader has a long-term bullish outlook on the blockchain scaling solution Polygon (MATIC) as well as two additional altcoins. The pseudonymous digital asset analyst known as Rekt Capital tells his 368,100 followers on the social media platform X that MATIC is “on the cusp of entering a new macro uptrend” after taking […]

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One Factor Could Be Hinting at Speculative Overheating in the Crypto Market, According to IntoTheBlock

Trader Predicts Legs Up for THORChain and One Ethereum-Based Altcoin, Updates Outlook on Polygon

November 1, 2023 The Daily Hodl

Bitcoin

A widely followed crypto analyst is taking a look at Polygon (MATIC) while predicting upward moves from two altcoins. Pseudonymous crypto trader Altcoin Sherpa tells his 197,400 followers on the social media platform X that THORChain (RUNE) is ready to move up. “RUNE: Next area up is $3.” THORChain is a decentralized liquidity protocol designed to […]

The post Trader Predicts Legs Up for THORChain and One Ethereum-Based Altcoin, Updates Outlook on Polygon appeared first on The Daily Hodl.

THORChain

Bitcoin price analysis

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