Shuhrat Djumayev

Crypto analysts predict ETH could surge if it holds above $2,800 weekly. Futures traders are betting on an upswing.

Goldman Sachs' economists cut the probability of a US recession down to 20% and are increasingly confident of in a Fed rate cut, which could be a welcome sign for #Bitcoin traders.

Crypto analyst Benjamin Cowen expects Bitcoin dominance to make its "final move" to 60% either in September or, at the latest, by December 2024.

A virtual meeting between crypto industry leaders and Democratic Party officials, aimed at repairing relations, reportedly turned contentious according to Fox Business’s @EleanorTerrett. Here's what went down:🧵

Bitcoin's price has been on a rollercoaster lately, dropping to $62K before attempting to reclaim $62,000 on Aug 3. Let's break down what's happening in the crypto markets. 🧵

📈 #Bitcoin's bullish wedge near its 2021 highs has traders speculating a potential surge to $85K! Is a major breakout on the horizon?

#Ethereum ETFs witnessed $113 million in net outflows on their second day of trading, with Grayscale ETHE bleeding to blame.

Global investment bank Citi Group believes a tidal shift in US politics bodes well for #Coinbase shares, upgrading it from “neutral” to “buy” with a price target of $345.

The US contributed $1.3B to the $1.35B total digital asset inflows last week, reported by @CoinSharesCo.

Bitcoin    whales are easing off their selling pressure as BTC gains strength, holding above $67K! 🚀

Tornado Cash has seen $1.9 billion worth of deposits so far this year, a significant and mysterious jump of 50% from all of last year.

The number of Bitcoin addresses holding $BTC has fallen by over 67,000 over the past month, but it’s nothing to be concerned about, according to @santimentfeed.

Metaplanet adopted the strategy to hedge against Japan’s worsening debt burden and the fast-depreciating Japanese yen.

Bitcoin has just reclaimed territory above $62,000 and analysts say the worst of $BTC's price action is most likely over.

Non MiCA-compliant stablecoins still dominate the market at 88% of total volume. But this could shift as exchanges gradually begin to favor compliant options, Kaiko argues.

BREAKING: 🇦🇺 Australia’s largest stock exchange has approved its second spot Bitcoin ETF.

#Crypto could be set for a comeback after small trader capitulation and diminishing selling pressure, according to analysts.

Bitfarms mined 21% more $BTC in June amid Riot takeover attempts 🧵 👇

The current market is very similar to the 2019-2020 correction, which makes it the most likely scenario for this correction, which lasted 5 months with a maximum drawdown of -46%.

👉 History does not have to repeat itself.

An active buyback exceeding 500 thousand BTC can push the situation.

Bitcoin price looks set to sink under $60,000 again but charts suggest traders are viewing each dip as an accumulation opportunity.

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🟠 @novogratz predicts #Bitcoin will range between $55,000 to $75,000 through Q2 2024, anticipating new market catalysts to drive prices higher.

He suggests that economic strength and Fed rate cut uncertainty contribute to the current market pause.

The crypto market surged, with its total market cap rising by 1.70% to reach $2.35 trillion.

Let’s dive into the reasons why.

Major #altcoins like SHIB, AVAX and UNI bled double digits on Monday, though analysts say there’s “no clear catalyst” other than recent outflows from spot $BTC ETFs.

The #Ethereum scaling ecosystem of L2s and L3s recorded a combined TPS of 246.18 transactions on June 16, with over 40% of them coming from a small-scale layer 3.

Since May 2014, over $100 billion has been raised for cryptocurrency startups, with $101.35 billion recorded as of June 16, 2024, per DefiLlama.

Data from Cointelegraph Markets Pro and TradingView reveals a bearish week for the top 100 DeFi tokens by market cap, with most showing declines. The total value locked in DeFi protocols stood at $101 billion.

Joe and Hunter Biden-themed #memecoins pumped then dumped after the U.S. president’s son was convicted of buying a gun while being a crack cocaine user.

JUST IN: 🇨🇦 Canadian public company DeFi Technologies has adopted #Bitcoin as its primary treasury reserve asset.

It just bought 110 BTC 🙌

Traders are bored as Bitcoin price fights rejection from $72,000, but most analysts say ETF inflows will send $BTC into price discovery.