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Showing posts with the label market sentiment

XRP Faces Sharp Decline Amid Liquidations, But Pundits Say “This Week Changes Everything”

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Bitcoin STH-SOPR Metric Reclaims Critical Level — More Pain For Short-Term Holders?

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Bitcoin Bears Are Taking Fresh Market Positions, But Are They Safe?

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Solving Burning Queries: Shiba Inu (SHIB) Lifetime Prediction

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Shiba Inu is considered legendary in the cryptocurrency space for many reasons. Firstly, the token is responsible for giving birth to the meme coin mania, the one that started the meme coin frenzy to spread across the entire crypto domain. Secondly, SHIB’s iconic 2021 price rally helped shape the investor narrative, delivering SHIB its iconic flavor and identity. While the market expects Shiba Inu to hit $0.01 or $1 as soon as possible, here’s a more realistic target that SHIB could achieve in this lifetime. Also Read: SHIB Price Prediction: $1K in Shiba Inu Could 5.8x After Breakout Shiba Inu’s Realistic Price Targets Source: Watcher Guru Shiba Inu is deemed an iconic cryptocurrency, a meme coin that has helped shape millions of lives. The token had once claimed the $0.0008 mark in 2021, taking the markets by utter surprise. However, since then, SHIB has been struggling hard, sluggishly hovering at $0.00001432, unable to drop zeros in its wake. However, the market sentiment...

4 Key Factors That Could Move Bitcoin's Price This Week

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Bitcoin price watchers are on high alert as several factors could impact this week’s cryptocurrency market. Market volatility and security risks remain key concerns for BTC price movers. Below you can see a post from The Kobeissi Letter on X. Let’s dive right in and understand the circumstances for Bitcoin better! Also Read: VeChain Weekly Price Prediction: Can VET Hit $0.03 This Week? Key Events This Week: 1. OPEC Monthly Report – Monday 2. September Retail Sales data – Thursday 3. Philly Fed Manufacturing data- Thursday 4. September Housing Starts data – Friday 5. Total of 11 Fed speaker events this week 6. ~10% of S&P 500 companies report earnings… — The Kobeissi Letter (@KobeissiLetter) October 13, 2024 Navigating Market Volatility And Security Risks For BTC Price Movers Source: Watcher.Guru 1. Economic Reports on the Horizon Source: CoinDesk Two important economic reports are due on Thursday. The September Retail Sales report will show consum...

Bitcoin: Market Sentiment Has BTC Eyeing October All-Time High

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With Bitcoin making a habit out of performing well in October, market sentiment has BTC eyeing yet another all-time high this year. Indeed, there is tremendous potential for the leading crypto to surge in the short term. Moreover, it could be set to enjoy the fruits of a perfect storm in the upcoming month. The asset has certainly struggled in recent months. However, things looked to have turned around for the better in September. That could be setting the stage for a monumental rally when the calendar turns, as the crypto market and macroeconomic factors could propel BTC to uncharted territory. Also Read: Deutsche Digital Assets Macro Bitcoin ETP Begins Trading Today Bitcoin May be Poised to Break Through $73,000 in October Despite its August and early September lulls, Bitcoin has dominated 2024. The asset emerged as the first crypto-based ETF in the United States. With that product getting approval in January, the leading cryptocurrency surged to an all-time high of $73,000 just thre...

Celestia reaches an all-time high, records 10x growth since airdrop

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Modular blockchain Celestia’s TIA token has reached an all -time high, crossing the $20 mark today.  This milestone comes after the blockchain’s mainnet beta was successfully launched at the end of October last year. Celestia’s journey to this achievement was marked by significant user engagement, evidenced by the airdrop of TIA tokens to approximately 580,000 users. This widespread distribution has clearly indicated growing user adoption and interest in the blockchain platform. Since the token’s airdrop in October, TIA has seen a more than 10 times increase in value.  TIA three-month price chart | Source: CoinGecko Bitget was the first to list the TIA token, paving the way for its increased accessibility and market penetration. Following Bitget’s lead, Binance, the world’s largest cryptocurrency exchange, added TIA to its listing in November, further bolstering the token’s market presence. The total contract holdings of TIA across the en...