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“# Crypto markets tag $3T combined market cap for first time ” With Bitcoin trading within 2% of its all-time high while Ethereum, Solana, and Polkadot push into previously uncharted price ranges, CoinGecko estimates that the combined cryptocurrency market cap has broken above $3 trillion for the first time. According to CoinGecko, the total crypto…
“# How cautiously bullish Bitcoin traders use options to maintain BTC exposure ” Bitcoin (BTC) traders appear undecided on the next step and this is reflected in the price oscillating between $58,400 and $63,400 over the last 14 days. There are some bearish signals coming from the United States regulatory front, but at the same…
“# Top 5 cryptocurrencies to watch this week: BTC, DOT, LUNA, AVAX, EGLD ” Bitcoin’s (BTC) dominance has dropped from about 48% on Oct. 20 to 42.3% on Nov. 7 while the total crypto market capitalization has continued its northward journey. This indicates that the price action has shifted from Bitcoin to altcoins. CryptoQuant CEO…
“# Bitcoin consolidates right below Fib level that triggered 2013 all-time highs ” Bitcoin (BTC) continued to track sideways on Nov. 7 amid warnings that now is “not the time” to sell BTC. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Not the time to be selling” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering…
“# Solana surpasses Cardano, Tether to become fourth-biggest crypto worth $76 billion ” Solana (SOL) surpassed Cardano (ADA) and leading stablecoin Tether (USDT) to become the fourth-largest cryptocurrency by market capitalization. At press time, the net worth of total SOL tokens in circulation was a little over $76 billion, falling only behind Binance Coin’s (BNB)…
“# Bitcoin’s consolidation is ‘normal’ — Analysts set $80K BTC price target ” Bitcoin (BTC) bulls are still hoping for a major breakout but at the moment, bears are applying pressure and keeping the digital asset pinned below $61,000. Data from Cointelegraph Markets Pro and TradingView shows that an early morning breakout by bulls to…
“# Altcoins surge even as Bitcoin and Ethereum price fall toward key support levels ” Price action in the crypto market has not been for the faint of heart over the past 48-hours and it’s clear that volatility following Bitcoin (BTC) and Ether’s (ETH) breakouts to new all-time highs. While the top two cryptocurrencies fight…
“# Tampa mayor to accept pay in Bitcoin — Report ” Jane Castor, the mayor of Tampa Bay, Florida, has announced that she will begin accepting her paycheck in Bitcoin (BTC), according to multiple sources who attended Florida’s Bitcoin & Blockchain Summit. Castor made the announcement Friday morning on day two of the Summit, which…
“# Bitcoin whale selling jumps while BTC price holds $60K and buyers snap up supply ” Bitcoin (BTC) is still seeing a supply squeeze despite a significant uptick in whale selling on exchanges this week. As confirmed by on-chain monitoring resource CryptoQuant on Nov. 5, whales have accounted for the vast majority of selling pressure in…
“# Bitcoin only needs to break $64K to run to new all-time highs — Analyst ” Bitcoin (BTC) stayed rangebound on Nov. 5 as fresh analysis argued that breaking $64,000 would produce a new all-time high. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView “So near yet so far” for BTC price all-time high Data from…