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news-imageNovember 13, 2024

Crypto Price Analysis 11-13 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGWIFHAT: WIF, TONCOIN: TON, INJECTIVE: INJ, FANTOM: FTM

Bitcoin (BTC) hit $90,000 for a brief, fleeting moment before dropping back to mid-$ $89,000. The crypto markets have declined over the past 24 hours as the ongoing bull run took a breather, with most major cryptocurrencies in the red over the past 24 hours.
Publisher: Crypto Daily
Sentiment: Negative
BTC
ETH

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Positive
cover-imageThe Currency Analytics
November 24, 2024

Whale Purchase of $23.86M in Solana (SOL): Is $400 Within Reach

A whale recently acquired 100,000 Solana (SOL) tokens, valued at $23.86 million, sending ripples through the cryptocurrency community. The massive purchase and strategic staking of Solana's native token have fueled speculation about the future of Solana's price, with many asking: Could the asset be on track to hit the $400 mark?

Positive
cover-imageThe Currency Analytics
November 24, 2024

Growing Optimism Around Solana ETF as SEC Takes Action

There is growing optimism in the cryptocurrency space as Solana (SOL) spot exchange-traded fund (ETF) filings continue to move forward with the U.S. Securities and Exchange Commission (SEC). Recent reports indicate that the SEC is engaging with asset managers filing for Solana ETFs, signaling a promising step towards the approval of such products.

Negative
cover-imageNewsBTC
November 24, 2024

Analyst Sounds Bearish Alarm For Bitcoin As $100,000 Presents Psychological Resistance

Despite heightened expectations for the Bitcoin price to hit the $100,000 milestone, a crypto analyst has surmised that this key target could present psychological resistance for the pioneer cryptocurrency. Amidst this bearish warning, the coin's price's continued upward movement towards the elusive $100,000 mark has become the center of attention in the crypto community.

Negative
cover-imageCoinPedia
November 24, 2024

Is Bitcoin Going to Crash After Hitting $100K?

Bitcoin has cleared major resistance levels at $70,000, $85,000, and $99,000. The exponential moving averages (EMAs) signal a strong bullish trend, with the 50-day EMA positioned above the 100- and 200-day lines. However, the Relative Strength Index (RSI) has reached 82, indicating overbought conditions that could lead to a short-term price correction.

Negative
cover-imageBitcoin
November 23, 2024

Ethereum Shorts Hit Record High as Market Leverage Soars

Leveraged short positions in ethereum (ETH) have climbed to unprecedented highs, signaling a bearish tilt in market sentiment as traders brace for intensified volatility. Ethereum Bears Bet Big as Futures Market Records Peak Short Open interest in ethereum futures has surpassed $20 billion, setting a new record and highlighting heightened speculative activity.

Neutral
cover-imageBitcoin
November 23, 2024

Cipher Mining: Will It Be Another Standout Bitcoin Miner This Cycle?

Dive into Cipher Mining's Q3 2024 performance. From revenue challenges to strategic investment in fleet upgrades, data center expansion and plans for AI/HPC. Discover what's next for this Bitcoin miner! The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research, and analyses on Bitcoin mining stocks. Originally published on Nov.

Positive
cover-imageThe Currency Analytics
November 23, 2024

ETH/BTC Hits New Low: Investors Seize the Opportunity to Accumulate

Ethereum (ETH) has been experiencing a period of relative stability above the $3,000 mark, but recent fluctuations in the ETH/BTC pair are catching the attention of investors. As the ETH/BTC pair hits its lowest level since 2021, traders from key markets such as Korea and the U.S. are seizing the opportunity to accumulate Ethereum, believing the token is undervalued at current prices.

Positive
cover-imageThe Currency Analytics
November 23, 2024

Injective's TVL Jumps 61%: Can It Reverse Retail Sell-Off Pressure

Injective Protocol (INJ) has made headlines with a 61.2% surge in Total Value Locked (TVL) over the past week, a significant milestone for the blockchain's ecosystem. However, this achievement is dampened by ongoing retail sell-offs, which have kept INJ's price under pressure despite its recent growth.

Neutral
cover-imageBitcoin
November 23, 2024

NFT Fever Cools: Ethereum and Bitcoin NFT Sales Dive Amid Broader Crypto Growth

Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even as the broader cryptocurrency market climbed higher. NFT Market Shifts: Ethereum and Bitcoin Sales Plunge, Solana Gains Ground Data from cryptoslam.io revealed that NFT transactions over the past seven days amounted to $161.47 million. Ethereum NFTs dominated with $51.

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