Many traders have traditionally seen Bitcoin’s halving event as a predictable indicator of a looming price rally. In 2024, however, the cycle broke away from its precedent. For the first time, Bitcoin’s price surged before rather than after the halving episode. Derivatives trading experts have told BeInCrypto that the pre-halving price rally will likely become…
A hotter-than-expected Producer Price Index (PPI) report for July has sent a ripple of concern through markets. It suggested that inflationary pressures may be more persistent than anticipated and dimming hopes for a series of aggressive interest rate cuts from the Federal Reserve. Bitcoin, which had been rallying on expectations of looser monetary policy, fell…
Meme coin dominance has reached its lowest level in 1.5 years, reflecting a shift in market dynamics amid what analysts describe as an ‘Ethereum season.’ Despite this, experts remain optimistic about meme coins’ prospects. They point to a 4-phase market cycle, which could lead to an explosive rally in meme coins as money trickles down….
Bitcoin (BTC) quietly closed a long-watched CME futures gap at $117,400. While some traders see the technical milestone as the final step before a breakout, others warn of turbulence ahead. The CME gap phenomenon refers to price differences that appear between the Friday close and Sunday open on the Chicago Mercantile Exchange’s Bitcoin futures market….
Bitcoin deposits on Binance, the world’s largest cryptocurrency exchange, have surged to their highest levels in recent months. This triggers an analysis that suggests a potential rise in selling pressure for the leading digital asset. Possible Reasons: Funds Poised for Sell-Off CryptoOnchain, a CryptoQuant analyst, reported Friday that rising Bitcoin exchange balances point to three…
HBAR has been experiencing sideways movement recently, remaining rangebound between $0.244 and $0.271. The price has struggled to break out, largely due to mixed cues coming from both the broader market and investor sentiment. The altcoin’s inability to show decisive price action reflects uncertainty among holders. Hedera Investors Are Selling The Chaikin Money Flow (CMF)…
Pi Network’s performance has been underwhelming, even in a broader bull market. While many cryptocurrencies are reaching record highs, Pi Coin (PI) fell to an all-time low earlier this month, reflecting a significant loss of investor confidence. Though it boasts an ambitious community-driven model and a user base exceeding 60 million, several indicators point to…
Ethereum corrected by over 2% in the past 24 hours, briefly dipping below $4,500 before rebounding to trade above $4,600. The drop came amid a broader crypto market slide that erased over $240 billion in value and triggered nearly $1 billion in liquidations. Yet, despite the heavy selling pressure, Ethereum’s on-chain and technical signals suggest…
Ethereum’s ascent to dominance wasn’t due to a single codebase, but rather the power of diverse clients and the resilience from independent development. SSV Network is now applying this philosophy with the launch of Anchor, a Rust-based Distributed Validator Technology client created in partnership with Sigma Prime, a renowned Ethereum development team. Anchor is an…
SKALE (SKL), the native utility token of the SKALE Network, has experienced a remarkable 145% price surge in August. Furthermore, its trading volume exceeded $900 million yesterday, marking a major milestone. Amid this surge, SKALE’s Chief Technology Officer (CTO) has raised concerns about the sustainability of the trading behavior. SKALE’s (SKL) Price Surges in August:…