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Legendary Trader Peter Brandt Uncovers Major Bitcoin Buy Signal
Peter Brandt, expert trader and renowned technical analysis guru, recently provided a fresh new outlook on the price action ofBitcoin (BTC). Over the past weekend, thanks to the fact that the cryptocurrency market literally never sleeps, the price of the major cryptocurrency soared by over 5.1%, going all the way from $75,714 to $81,500 perBTC.
While Bitcoin was tearing all-time high after an all-time high, many left sidelines, seeking answers as to what to expect next. That is when Brandt arri
Bitcoin (BTC), the world's leading digital asset, has a not-so-publicized record in the crypto and traditional finance ecosystem. This Bitcoin achievement is further complemented by the soaring price of the coin.
Bitcoin's increasing relevance
According to prominent crypto analyst Fred Krueger, BTC is the fastest asset to cross the $1 trillion mark. In a post on X, Kruegerposted a chart showing 10 assets whose value has crossed $1 trillion. According to the details, it took Bitcoin 12 years to
In a noteworthy technical milestone, XRP has achieved a golden cross — this time on its four-hour charts.
A golden cross, often viewed as a bullish signal, happens when a short-term moving average, such as the 50-period moving average, crosses above a long-term moving average, such as the 200-period moving average.
A golden cross, especially on a four-hour chart, is viewed as an indicator of short-term price movement, suggesting that bullish sentiment may be on the horizon. However, golden cro
Important Pivotal Bitcoin (BTC) Data Shared by Bloomberg's Mike McGlone
Mike McGlone, the senior commodities strategist at Bloomberg Intelligence, has taken to his profile on the X social media platform (widely famous as Twitter in the past) to share part of the recent Bloomberg report.
This document mentions new Bitcoin data after the flagship cryptocurrency has reached yet another historic price peak. It talks about not only a change in the Bitcoin market situation but of that of gold, its physical rival, too.
Peter Schiff Reacts to Bitcoin's Historic Rise Above $82,000
Bitcoin, the biggest cryptocurrency by market cap, has recently achieved a historic milestone, surpassing the $82,000 mark for the first time. This remarkable gain has garnered reactions across the board, including from well-known cryptocurrency critic Peter Schiff.
In his characteristic manner, Schiff expressed his skepticism about Bitcoin's surge, claiming that it had little to do with its fundamentals.
In his tweet, Schiff stated that Bitcoin's rise "has nothing to do with its supposed fund
SEC Is 'Done,' Former Official Says; Ex-Binance CEO CZ Makes Crucial Warning as BTC Hit...
U.Today has prepared a summary of the top three news stories over the weekend.
SEC is "done," former official says
In a recentpost on X platform, former SEC official John Reed Starkstated that the U.S. SEC is essentially "done." He believes that in the coming years, it is unlikely that the regulator will pursue significant cases against the cryptocurrency industry. Meanwhile, Ripple's chief legal officer Stuart Alderotyhas urged SEC Chair Gary Gensler and his "anti-crypto minions" to voluntari
Ethereum (ETH) Sees Abnormal 1,652% Spike in Flows Amid $1.98 Billion Boom
New weekly research fromCoinShares bought fresh insights to the current conjecture on the cryptocurrency market. As it turns out, last week saw an astounding $1.98 billion in inflows into cryptocurrency-focused investment products.
Among the major highlights is $157 million in inflows to exchange-traded products, mostly funds, of course, linked toEthereum (ETH). In fact, this amount is 1,652% higher than what ETFs on the major altcoin saw a week earlier.
Stunning $3.28 Billion in Bitcoin in Past 7 Days – Something's Cooking?
As Bitcoin has been scoring one all-time high after another in the last few days, whales have been transferring massive amounts of BTC. By now, this cumulative stash has reached more than $3 billion worth of Bitcoin.
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Whales grab $3.28 billion amid Bitcoin’s ATHs
Cryptocurrency analyst and trader Ali Martinez has published a post on his X account, revealing Glassnode data about the most recent acquisitions of BTC whales. The chart that he shared shows a drastic plunge in the Bitcoin suppl
8.2 Billion Dogecoin (DOGE) Open Interest Comes With Major Catch
Dogecoin (DOGE), amid its bullish price performance, has also seen a surge in its Open Interest. Per CoinGlass data, an analytics platform on the crypto market, the open interest has jumped by 20.07% in 24 hours, which is $2.4 billion. This represents a total of 8.28 billion DOGE committed by futures traders.
Dogecoin’s Open Interest shows investor confidence
An analysis of the data shows that a greater concentration of the numbers cuts across major crypto trading platforms such as Binance, By
Massive $4.3 Billion XRP Over 24 Hours: Can XRP Spark Rally?
XRP, the eighth-largest cryptocurrency by market capitalization, has seen a surge in trading volumes over the past 24 hours. According to CoinMarketCap data, XRP trading volume is up 103.21%, with 7.45 billion XRP traded in the last 24 hours amounting to $4.37 billion.
This rise in activity coincides with a broader market boom that saw Bitcoin reach $82,000 for the first time in its existence. Bitcoin reached a new all-time high of $82,444 on Monday, driving demand for other altcoins, which hav
Bulls keep controlling the situation on the crypto market after the weekend, according to CoinStats.
SOL/USD
The rate of Solana (SOL) has increased by 5.43% over the last 24 hours.
On the hourly chart, the price of SOL is rising after a breakout of the local resistance of $212.38. If the growth continues and the daily bar closes far from that mark, there is a chance to see a test of the $230-$240 zone.
On the biggest time frame, the rate of SOL keeps growing after yesterday's bullish closure
The market keeps growing at the beginning of the week; however, there are some exceptions to this rule, according to CoinStats.
DOGE/USD
DOGE is the biggest gainer today, rocketing by almost 20%.
On the daily chart, traders should pay attention to the current bar's closure in terms of yesterday's candle peak. If a false breakout happens, there is a chance to see a correction to the $0.28 area.
A new week has started positively for most of the coins, according to CoinMarketCap.
BTC/USD
The rate of Bitcoin (BTC) has risen by 3.09% since yesterday, having set a new all-time high.
On the daily chart, the price of BTC keeps growing after yesterday's bullish closure. As there are no vital levels nearby, one should pay attention to the nearest bar peak of $81,482. If the candle closes far from it, the upward move is likely to continue.
Dogecoin Founder Can't Hold in Emotions as DOGE Price Goes 'To the Moon'
Dogecoin's recent market performance has left its cofounder, Billy Markus, widely known in the community as Shibetoshi Nakamoto, stunned by the significant upward momentum of the coin he helped launch. Over the past week,Dogecoin has seen an 83% increase in price, its largest weekly gain in over two years, pushing its value to an impressive $0.3 - its highest level since 2021.
Markus was pretty blown away by the speed of Dogecoin's rise and was pretty open about how he felt when he saw the pric
Virginia-based business intelligence firm MicroStrategy has purchased 27,200 coins for $2.03 billion, according to its Monday press release.
The firm bought its latest batch of Bitcoins at an average price of $74,463.
After its most recent purchase, which was funded via an at-the-market (ATM) equity offering, MicroStrategy's total holdings have now swelled to almost $23 billion. The firm's average purchase price is now approaching the $43,000 mark.
SHIB Burns Skyrocket 1,837% With Close to Half Billion SHIB Burned
Nearly half a billion SHIB meme coins have been scorched over the past day as a result of a sudden increase in the community’s burn activity. This time, a mysterious whale stepped in to facilitate a staggering SHIB burn, according to the data shared by Shibburn.
This coincided with a stunning increase of the SHIB price by more than 24%, which pushed it to the $0.00002753 level.
463.4 million SHIB torched; burn rate up 1,837%
Tracking platform Shibburn revealed that since yesterday morning, on
Sensational 21 Trillion Shiba Inu (SHIB) in 24 Hours: All Records Are Broken
With an incredible 21 trillion SHIB transactions in the last 24 hours, Shiba Inu has broken previous records. SHIB's price has increased dramatically as a result of this spike, which has also given the meme coin newfound attention. SHIB's network is very active, as evidenced by the most recent data from IntoTheBlock, which shows both high transaction volume and an increase in the number of transactions.
The price chart of SHIB shows a robust upward trend with a recent sharp increase. Following
XRP Ledger (XRPL) Hits Major Burn Milestone: Details
XRP Ledger (XRPL) is in an evolutionary phase, showcased by key features, including the burn rate. While not a full-blown deflationary protocol, a certain number of XRP is burnt daily. The cumulative effect of this XRP burning has pushed the protocol to a new milestone overall.
XRP Ledger statistics to note
According to data from XRPScan, 13,014,042.56 XRP have been incinerated since inception. While this figure might be small relative to the circulating supply of XRP, it underscores the proto