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news-imageFebruary 16, 2024

Price analysis 2/16: BTC, ETH, SOL, BNB, XRP, ADA, AVAX, DOGE, LINK, DOT

Spot Bitcoin ETF demand remains robust, but Bitcoin could face stiff resistance near $52,000. How could altcoins react?
Publisher: Cointelegraph
Sentiment: Positive
ADA
AVAX

More News Articles

Positive
cover-imageCoinPedia
November 28, 2024

XRP Price Prediction For November 28

Ripple's XRP is up by more than six percent in the last 24 hours and is trading slightly below the $1.50 level. The altcoin is up by more than 36 percent in the last seven days and is now eyeing the $2 levels.

Negative
cover-imageThe Currency Analytics
November 28, 2024

Bitcoin Faces Risk of Decline to $85,610 Amid Market Weakness

Bitcoin's recent performance has raised alarm bells among traders, as the leading cryptocurrency struggles to hold vital support levels. Despite a strong bullish run in recent months, Bitcoin has encountered increasing selling pressure over the last few days, with analysts warning that if key support at $91,583 fails, Bitcoin could experience a significant decline, with $85,610 emerging as the next crucial target.

Positive
cover-imageNewsBTC
November 28, 2024

Bitcoin Sentiment Cools Down From Extreme Greed: Can Rally Restart Now?

On-chain data shows the Bitcoin Fear & Greed Index has cooled down from extreme greed, a sign that may be positive for BTC's price. Bitcoin Fear & Greed Index Is Pointing At ‘Greed' Again The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment among investors in the Bitcoin and wider cryptocurrency markets.

Positive
cover-imageBitcoin
November 28, 2024

Ripple Drops $25M to Champion Crypto-Friendly Policies

Ripple boosts Fairshake with another $25M, amplifying its push for crypto-friendly policies and challenging regulatory overreach to solidify its leadership in innovation advocacy. Ripple Doubles Down on Fairshake With Third $25M Contribution Ripple has reaffirmed its dedication to fostering innovation-friendly policies by contributing $25 million to Fairshake, a bipartisan Super PAC supporting pro-crypto candidates.

Positive
cover-imageCoinPedia
November 28, 2024

XRP Price Set to Explode? Whale Moves $36.67M in Tokens

After a notable upside rally, XRP, the native token of Ripple, appears to be consolidating near a crucial level. Meanwhile, this ongoing consolidation has been attracting significant attention from whales and traders, as reported by on-chain analytics firms CryptoQuant and the whale transaction tracker Whale Alert.

Negative
cover-imageCryptoSlate
November 28, 2024

Short-term holders hit with losses as Bitcoin fell below $93k

Bitcoin's recent correction to $92,000 came after failing to breach the psychological resistance at $100,000, a critical level expected to mark a new chapter in the ongoing bull market. While corrections of up to -30% are frequent during bull runs, the sharp decline below $93,000 caused a segment of short-term holders (STHs) to realize losses.

Positive
cover-imageBitcoin
November 28, 2024

Ethereum Explodes With 10% Gain—Is Altcoin Season About to Ignite?

As bitcoin enjoyed a bit of a lift on Wednesday, ether (ETH) stole the spotlight by jumping more than 10% in just 24 hours. The second-largest cryptocurrency now claims over 13% of the $3.33 trillion total market cap. Ether's $47B Volume Surge Sparks Wild Speculation—$7,500 Next? Bitcoin (BTC) gained 4.4% against the U.S.

Positive
cover-imageCoingape
November 27, 2024

Pro-XRP Lawyer John Deaton Supports Paul Atkins as Potential SEC Chair

Pro-XRP lawyer John Deaton has voiced his support for Paul Atkins as a candidate to replace outgoing U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. John Deaton, a prominent advocate for cryptocurrency regulation reform, has criticized the SEC's leadership under Gensler, alleging overreach and misconduct, particularly in its enforcement of crypto regulations.

Positive
cover-imageNewsBTC
November 27, 2024

Binance Data Reveals Bitcoin Profit Trends: Is the Bull Run Far From Over?

Before its recent price correction, Bitcoin came close to hitting the six-digit milestone, achieving an all-time high of $99,645—a near 170% year-to-date increase. This notable price performance, followed by the recent price dip, has sparked discussions about the state of the market, particularly the profit-taking behaviour observed among investors.

Positive
cover-imageThe Currency Analytics
November 27, 2024

Brazil's Congress Discusses New Law for Strategic Bitcoin Reserves: A Potential Game-Changer for Global Finance

Brazil is taking bold steps toward integrating Bitcoin into its financial framework, with the country's Congress discussing a new law aimed at creating a strategic Bitcoin reserve. The proposed law could see up to 5% of Brazil's international reserves allocated to purchasing Bitcoin, a move that could have wide-reaching effects on Bitcoin's value and adoption worldwide.

Positive
cover-imageThe Currency Analytics
November 27, 2024

XRP Shows Stability Amid Market Decline, Eyes Potential Upside

XRP, the native cryptocurrency of Ripple, is facing a period of consolidation after a significant rally in recent weeks. Although many cryptocurrencies have experienced notable price corrections recently, XRP seems to be holding steady above the crucial support level of $1.35.

Positive
cover-imageCryptopolitan
November 27, 2024

Cardano founder Charles Hoskinson predicts $500,000 price target

The founder of Cardano, Charles Hoskinson, has recently made a very bullish prediction for Bitcoin, stating that the asset may climb to between $250,000 and $500,000 within one or two years. In a live stream recently, Hoskinson highlighted that Bitcoin is a “strategic reserve asset” much like gold.

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