NEWSBTC
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NewsBTC is a Bitcoin news service that covers cryptocurrency news, technical analysis and forecasts for bitcoin, litecoin, dash, doge & digital currencies. We bring you expert and unbiased opinions on Bitcoin and cryptocurrency trading and investment.
NEWSBTC
1h ago
XRP, the native token of Ripple, finds itself caught in a tug-of-war between surging social media interest and a price that refuses to ignite. While online chatter paints a picture of a vibrant community, the token’s value treads water, leaving investors to question whether the buzz translates to bullish momentum.
Social Media Frenzy Fuels XRP Discussions
A recent tweet by Santiment, a crypto market intelligence platform, highlighted a surge in XRP-related discussions. This increased chatter could be linked to the US Securities and Exchange Commission’s (SEC) recent stance on Ripple Labs’ upco ..read more
NEWSBTC
3h ago
The stars may be finally aligning for Cardano (ADA) and its holders, as the crypto token recently experienced a significant reversal and a jump in its trading volume. Interestingly, this development coincides with an ultra-bullish prediction that a crypto analyst made for the crypto token.
Crypto Analyst Predicts Cardano To Rise To $9
Crypto analyst Altcoin Daily revealed in an X (formerly Twitter) post that $9 is their peak price target for Cardano in this bull run. The analyst joins other crypto analysts who have made ultra-bullish predictions for Cardano despite how low the crypto tok ..read more
NEWSBTC
4h ago
Toncoin (TON), the native token of the Telegram Open Network (TON), is experiencing a meteoric rise after a major investment from venture capital giant Pantera Capital. The news sent positive vibes through the crypto market, propelling TON’s price over 30% in the weekly timeframe, and reigniting investor enthusiasm for the project.
Pantera Bets Big On TON’s Mass Adoption Potential
Pantera Capital, a leader in blockchain investments, has made a significant move by placing a hefty bet on the Toncoin ecosystem. While the exact investment amount remains undisclosed, industry whispers suggest it co ..read more
NEWSBTC
5h ago
Crypto analyst Onchained recently provided valuable insights into an important metric that can be used to gauge the future trajectory of Bitcoin. The analyst suggested there was no cause to worry at the moment but highlighted what to watch out for to know the right time to exit the market.
Bitcoin Short-Term Holders NUPL Turns Negative
In a blog post, the analyst noted that the NUPL (Net Unrealized Profit/Loss) for Bitcoin’s short-term holders recently turned negative. The analyst added that this signals fear among this category of investors, which is very much likely given Bitcoin’s cur ..read more
NEWSBTC
7h ago
As the price action of Bitcoin continues to attract crypto investors’ interest, Michael Van De Poppe, a well-known market analyst and trader in a bearish scenario has made a worrying prediction, warning the community of a potential drop in price for the crypto asset to the $52,000 level.
Bitcoin Poised For A Possible Decline
Michael Van De Poppe’s prognosis explores the factors that are driving the gloomy view of Bitcoin‘s price trajectory, in the midst of market turbulence and uncertainty.
Van De Poppe affirms that the largest crypto asset by market cap is currently at the range low. For Bitc ..read more
NEWSBTC
7h ago
The question on everyone’s mind is whether Bitcoin can reach the impressive $70,000 mark in the coming months. While Bitcoin’s performance remains a focal point, the spotlight is also on new altcoin presales that are showing promising potential for massive gains. Among these, Dogeverse, Wiener AI, and Sealana are emerging as key players in the crypto market, each with unique selling points and exciting prospects.
Bitcoin’s Trajectory Aiming for $70K
Bitcoin, the pioneer cryptocurrency, has been a rollercoaster of value fluctuations. Despite recent uncertainties, many analysts and investors are ..read more
NEWSBTC
8h ago
Ethereum has received a lot of criticism recently, and accordingly the ETH price has underperformed other altcoins. However, Ryan Berckmans, a prominent contributor of the Ethereum community and investor, boldly claims we are entering the “Age of Ethereum,” a period that could redefine the hierarchy of blockchain technologies. Berckmans shared his insights via X, sparking a mixture of enthusiasm and skepticism among the crypto community.
Berckmans argues that Ethereum’s underlying fundamentals remain exceptionally strong despite facing several perceived challenges. He tackles common investor c ..read more
NEWSBTC
9h ago
The Ethereum Foundation, a non-profit organization that supports the Ethereum ecosystem, recently transferred a significant amount of ETH. Given what this transaction could imply, it has drawn the crypto community’s attention, which is already speculating about whether the market top might be in.
Ethereum Foundation Moves 1,000 ETH
On-chain analytics platform SpotOnChain revealed in an X (formerly Twitter) post that the Ethereum Foundation transferred 1,000 ETH ($3 million) to a middle multi-signature wallet (0xbc9) on May 8. This development is more concerning as SpotOnChain revealed th ..read more
NEWSBTC
11h ago
TON price rallied nearly 15% and traded above the $6.50 resistance. Toncoin is now showing a few signs of trend exhaustion and might correct gains.
Toncoin jumped above the $6.20 and $6.50 resistance levels.
The price is now trading above $6.50 and the 100-hourly Simple Moving Average.
There is a key parabolic curve forming with support at $6.80 on the hourly chart of the TON/USD pair (data source from Kraken).
The pair could start a downside correction if it declines below $6.80 and the $6.60.
TON Price Reaches $7
Recently, TON price started a strong increase from the $5.60 support zone. It ..read more
NEWSBTC
12h ago
BNB price is attempting a fresh increase from the $540 zone. The price must settle above the $600 resistance to gain bullish momentum.
BNB price started a fresh increase after it cleared the $565 resistance zone.
The price is now trading above $580 and the 100 simple moving average (4 hours).
There is a key bullish trend line forming with support at $592 on the 4-hour chart of the BNB/USD pair (data source from Binance).
The pair could gain bullish momentum if it clears the $602-$610 resistance zone.
BNB Price Holds Support
After forming a base above the $535 level, BNB price started a fresh ..read more