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Bitcoin’s relentless rally continues, pushing past the $60,000 threshold and drawing closer to its all-time peak. This positive momentum spills over to the broader market, as several altcoins witness bullish trends and enticing presales emerge within the crypto space. Bitcoin price analysis Bitcoin’s current weekly timeframe is marking all-time highs since 2022 and 2023. In 2021, Bitcoin peaked at an impressive level, hitting its highest point and bottoming out at $17,000. The crucial question now revolves around whether the current resistance at $61,462 will be broken or if a rejection will occur around halving time, leading to a significant correction. Analyzing technical indicators like volume, a steady trend is observed. This volume primarily signifies Bitcoin’s trading activity, not specifically its monetary value. Moving on to the stochastic RSI, the weekly timeframe is showing signs of becoming overbought. Historically, overbought conditions on the weekly ...

The Fear/Greed index is at 86 today. That’s about the highest it’s been since the crash in 2022. The growing optimism in the market has not only pushed the value of BTC closer to its ATH but also triggered many altcoin rallies. There are signals that top-ranking cryptos like LTC, Solana, Cardano, etc, are already prime to become the next cryptos to explode. However, the crypto market is still fixated on the BTC trend, leaving the altcoins to tag along. Nevertheless, it’s that time when manipulative moves and gross insecurity are common in the market. Besides, it’s also the time that many governments and their agencies regularly look to take down major players in the industry. Next Cryptocurrency To Explode Hence, the demand for the services of privacy assets like Monero is rising. Moreover, new crypto projects like Scotty the AI use artificial intelligence in market security and surveillance. Hopefully, they’ll be able to reduce the activities of harmful...

While spending his days behind bars, the once-touted ‘King of Crypto’ and founder of the disgraced cryptocurrency trading platform FTX, found guilty on seven counts of fraud and conspiracy, Sam Bankman-Fried, is biding time giving crypto investment tips to prison guards. Indeed, Bankman-Fried, a.k.a. SBF, currently resides in the Metropolitan Detention Center in Brooklyn, New York, where he has been sharing crypto market tips, recommending the guards to invest in Solana (SOL), according to The New York Times report published on February 27. Preparing appeal and promoting Solana Specifically, as the article reads, a “person with knowledge on the matter” said that the former crypto exchange CEO has been spending time in his jail cell preparing the appeal on his criminal conviction and sharing financial advice that heavily favors the native token of the Solana layer 1 blockchain: Picked for you Ripple v. SEC case update for end of February 2024 2 hours ago How rich ...

In a reverse course that no one saw coming, JPMorgan has changed its tune on crypto amid the ongoing Bitcoin surge. Specifically, the institution said, “We see the higher cryptocurrency prices not only sustaining but improving” in a recently issued client note. The standing is in opposition to comments made by JPMorgan CEO Jamie Dimon. Indeed, he has been vocal about his criticism of certain crypto. Dimon has specifically identified Bitcoin as a “pet rock” while questioning its use cases and relevance as an asset class. JUST IN: JPMorgan says "we see the higher cryptocurrency prices not only sustaining but improving." — Watcher.Guru (@WatcherGuru) February 27, 2024 Also Read: JP Morgan : 78% of Institutional Traders Not Interested in Crypto. JPMorgan Optimistic About Crypto Amid Market Rally Since the start of the week, the digital asset market has been amid a surge. Leading the way is Bitcoin, which reached its highest level since November ...

Feb 27, 2024 at 08:48 // Price Author Coin Idol The price of Solana (SOL) is falling below the moving average lines but is supported above the 50-day SMA. Price Analysis by Coinidol.com. Long-term forecast for the Solana price: bearish The rise from February 14 has ended as the altcoin falls below the moving average lines. Later, Solana has fallen between the moving averages. The bears and bulls tried to break out of the moving average but failed. Nonetheless, the altcoin is expected to fall further as selling pressure picks up. At the time of writing, the a...

Bitcoin hits $54,900 for first time since 2021 as BlackRock’s IBIT trades $1 billion shares. BTC price is rising amid analyst predictions for a halving explosion. Bitcoin is eyeing a pre-halving breakout as its price jumped above $54,900 for the first time since November 2021. On crypto exchange Coinbase, Bitcoin price reached highs of $54,980. The more than 6% gains pushed the benchmark cryptocurrency’s market cap to over $1.06 trillion. BTC breaks above $54k as IBIT trades $1 billion ETF shares In the ETF market, BlackRock’s iShares Bitcoin Trust ($IBIT) traded over $1 billion and analysts are saying the momentum is set to fuel further gains for BTC price. Bloomberg ETF analyst shared that the performance ranked $IBIT 11 th amongst all ETFs. “ MILESTONE $IBIT has traded $1b worth of shares today so far.. which ranks it 11th among all ETFs (Top 0.3%) and Top 25 among stocks. Insane number for newbie ETF (esp one w ten competitor...

Bullish COTI (COTI) price prediction ranges from $0.3 to $0.65. Analysis suggests that the (COTI) price might reach above $0.5. The (COTI) bearish market price prediction for 2024 is $0.008. What Is COTI (COTI)? COTI is the first privacy-centric Ethereum Layer 2 platform which provides a basement for companies to develop their own decentralized payment. Additionally, it allows the user to digitize any currency.  COTI delved into the aspect of privacy since it thinks “ Robust privacy protection is missing from Ethereum today, preventing countless valuable use cases from being developed” according to an excerpt from a blog on its website.  It further states “While transparency is a critical feature of blockchain, the inability to protect the information that should be private is harmful to users and to the potential growth of Web3 as an industry”.  COTI makes use of advanced privacy protection cryptographic technology known as Garbled ...

Shiba Inu is currently trading at $0.000009831 and is looking to delete its fifth zero in the charts. The token has around 1.3 million holders worldwide and the majority of them took an entry position in late 2021 and 2022 thereafter. Since then, almost 60% of investors are sitting on losses and only a few investors are currently in profit with SHIB. The negative price moment is testing the patience of investors who want Shiba Inu to reach $0.01 and $1. Also Read: Shiba Inu: SHIB Turns $3,600 Into $19 Million in 3 Years Taking a middle ground, we will highlight the chances of Shiba Inu reaching the 50 Cents mark. In this article, we will indicate a long-term price prediction on when SHIB could hit the $0.50 milestone. $0.50 Long-Term Price Prediction For Shiba Inu: When Will SHIB Hit 50 Cents? Source: Watcher Guru Forget this decade, let’s go 26 years and two decades down the line and set a target for 2050. Does SHIB have any chance of reaching 50 Cents 26 years from t...

US prosecutors seek court orders compelling former Binance CEO Changpeng Zhao to surrender his passports. The government wants Zhao’s bond conditions to ensure he doesn’t travel out of the US ahead of his sentencing. Zhao pleaded guilty to breaking the federal anti-money laundering law. US prosecutors have filed a motion requesting that former Binance CEO Changpeng Zhao be asked to surrender his travel documents ahead of his sentencing in April this year. The US Attorney’s Office, in a filing at the District Court for the Western District of Washington, requested Magistrate Judge Brian Tsuchida to approve additional travel restrictions against Zhao. US Attorney’s Office eyes travel restrictions for Zhao As noted in the court document filed on February 23 by US Attorney Tessa Gorman, the government wants Zhao’s bail conditions specified. The former Binance chief stepped down in 2023 as US authorities announced a $4.3 billio...

The Pepe price has pumped 8% in the past 24 hours to trade at $0.0000009623 as of 8:40 a.m. EST on trading volume that surged 168% to $241 million. The Pepe Price Poised For Bull Rally Above The Falling Wedge Pattern PEPEUSDT Analysis by Tradingview The PEPE price has broken above the falling wedge pattern, which signals a bullish trend reversal.  The support level for Pepe at $0.00000060  established a base for positive momentum, allowing the bulls to propel the price upward, reaching $0.00000180 resistance.  The bears discontinued the momentum, forcing the price downwards and eating into the profits made by the bulls. However, t he support zone at $0.00000089 has given the bulls new strength to fly the price past the upper boundary of the wedge, confirming the anticipated bull rally. The technical indicators are all bullish as the bulls have pushed the price past the 50-day and 200-day simple moving averages(SMAs), which now act as immediate resistance for the P...

Although Solana (SOL) has been following the wider sentiment in the cryptocurrency sector, going through a bit of a setback in the last few days, during which this digital asset recorded a weekly decline of nearly 10%, its price could be finally looking at a significant breakout. Specifically, Solana seems to be preparing for the next leg higher, considering its 50-day exponential moving average (EMA) has caught up to its price, flashing a ‘buy,’ as well as printing higher lows again, as per the observations by crypto analyst Jelle shared in an X post on February 23. On top of that, according to the pseudonymous crypto market specialist, the fifth-largest digital asset by market capitalization is currently looking at a major resistance level in the area of $125, the breaking of which could trigger a massive takeoff , as “all bets are off.” Picked for you Sell-off alert: Cardano chart hints toward imminent ADA price drop 12 mins ago Short squeeze alert for next wee...