An analyst has explained how the age of the average Bitcoin token has only been getting older during the recent bull run, something that could be bullish for the asset’s price. In a new post on X, CryptoQuant author Axel Adler Jr has talked about the recent trend in the Average Coin Age for Bitcoin.
Bitcoin price failed to surpass $100,000 and corrected gains. BTC is back below $96,500 and might revisit the $93,200 support zone. Bitcoin price started a decent upward move above the $96,500 resistance zone. BTC was able to climb above the $97,500 and $98,000 resistance levels. The pair cleared the $99,000 resistance level and traded close
Ethereum price started a fresh decline from the $3,550 resistance. ETH is now showing bearish signs and might slide below the $3,300 level. Ethereum price struggled to continue higher above the $3,550 resistance and started a fresh decline like Bitcoin. ETH traded below the $3,450 and $3,420 support levels. There was a break below a
XRP price failed to continue higher above $2.35 and declined. The price is down over 5% and is showing bearish signs below the $2.20 level. XRP price failed to clear the $2.35 resistance and started a fresh decline, like Bitcoin and Ethereum. There was a sharp move below the $2.30 and $2.50 support levels. Besides,
A crypto analyst, known as CryptoSanders9563, disclosed in a report on TradingView that the Dogecoin price has broken out of a symmetrical triangle pattern. This technical pattern, signaling a bullish continuation for Dogecoin , is expected to trigger a price surge to a new target above $0.375. CryptoSanders has shared a Dogecoin price chart ,
Bitcoin delighted investors with a Christmas Eve surge, climbing from $92,300 to an intraday high of $99,400. The swift rally has reignited bullish sentiment as the price successfully held a critical demand level, signaling strength and positioning BTC to challenge the psychological $100,000 milestone. Market participants are now closely watching Bitcoins next move, anticipating continued
The Cardano price action has continued to stall below the $1 mark in light of corrections in the past seven days. This correction, which played out across the entire crypto industry, saw Cardano break below the $1 mark again on December 18%. Although the broader trend suggests a possible move on the weekly timeframe towards
Bitcoin price started a decent increase above the $96,000 level. BTC might continue to rise if it clears the $100,00 resistance zone. Bitcoin price started a decent upward move above the $95,000 resistance zone. BTC was able to climb above the $96,500 and $97,000 resistance levels. The pair cleared the $98,000 resistance level and traded
Ethereum price started a decent increase above the $3,350 resistance. ETH is now recovering some losses and might gain pace if it clears the $3,550 resistance. Ethereum price started a decent increase above the $3,320 level like Bitcoin. ETH was able to climb above the $3,400 and $3,420 resistance levels. The price even cleared the
XRP price attempted an upside break above the $2.350 resistance zone. The price is struggling and slowly moving lower toward the $2.20 support. XRP price started a fresh increase above the $2.20 support level, like Bitcoin and Ethereum. There was a decent increase above the $2.25 and $2.30 levels. The price even tested the $2.35
The synergies between AI and crypto are very promising. In fact, the incoming Trump administration is combining the two sectors into one advisory office. President-elect is calling it the White House Crypto and AI Czar. Trump’s appointee for the office, former PayPal COO David Sacks, has close ties to payments and crypto. The AI and
Thailand is considering a potential Bitcoin pilot project, proposed by former premier Thaksin Shinawatra, to be tested in Phuket as a tourism-focused sandbox. The proposal has received support from the Binance Thailand CEO, who sees it as a positive step for the countrys competitiveness and ability to attract tech-savvy visitors. However, despite efforts from industry
While major institutions worldwide are gradually embracing Bitcoin, recognizing its potential as a transformative asset and even integrating it into their corporate treasuries, the perception of the cryptocurrency remains far from universally positive. Amid this growing institutional adoption, the Bank of Italy has taken a notably critical stance. In its Economic and Financial Occasional Paper,
Canadian crypto firm Matador Technologies announced a major shift in its capital preservation strategy this week after its Board of Directors unanimously approved the addition of Bitcoin and USD-denominated assets to its corporate treasury. The goal behind this decision is to mitigate risks associated with the company’s reliance on Canadian dollar-denominated assets, which marks a
Russian Finance Minister Anton Siluanov revealed on Wednesday that domestic firms are now utilizing Bitcoin and other digital assets for international payments, which is enabled by recent legislative adjustments designed to offset Western sanctions. It is important to note that these sanctions have posed challenges to Russia’s trade with significant partners such as China and
Bitcoin’s price actions took a turn for the better over the past few days, and the asset even came close to $100,000 yesterday evening as the crowd became highly bullish again. However, it was stopped there and pushed south by a few grand amid reports of a growing number of investors realizing profits. The analytics
Toncoin (TON) appears to have now entered a notable phase in its market cycle, presenting potential opportunities for investors. A recent analysis by CryptoQuant analyst Joao Wedson highlights that TON has moved into a favorable risk zone for accumulation, as indicated by the Normalized Risk Metric (NMR). This metric evaluates an asset’s price risk relative
Bitcoin price started a recovery wave above the $95,000 level. BTC might continue to rise if it clears the $100,00 resistance zone. Bitcoin price remained supported near $92,500 and started a recovery wave. BTC was able to climb above the $94,500 and $95,000 resistance levels. There was a break above a key bearish trend line
Data shows the Bitcoin market sentiment is still quite close to the extreme greed zone, a potential sign that a further price cooldown may be needed before a bottom. 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
Ethereum price started a recovery wave from the $3,220 support. ETH is now recovering some losses and might rise if it clears the $3,550 resistance. Ethereum price remained stable above $3,220 and started a recovery wave like Bitcoin. ETH was able to climb above the $3,350 and $3,400 resistance levels. The price even cleared the
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