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  1. BitMEX co-founder Arthur Hayes has suggested that Zcash (ZEC) could eventually reach 10% of Bitcoin’s market capitalization, a long-term bullish thesis on privacy coins rather than a near-term price forecast. Based on ZEC’s circulating supply of around 16 million tokens, that scenario would imply a price in the high four-figure range, roughly $8,000–$10,000, depending on Bitcoin’s valuation. A...
  2. Wintermute said Bitcoin’s latest rally has failed its first major macro test, arguing that the move was driven more by leverage and short covering than by durable spot demand. In its May 18 market update, the trading firm pointed to hot inflation, rising Treasury yields, ETF outflows and renewed rate-hike pricing as the backdrop behind a sharp reversal across digital assets. “Last week we said...
  3. Data shows sentiment around Bitcoin among social media users has turned negative following the recent decline in the cryptocurrency’s price. Bitcoin Positive/Negative Sentiment Has Dropped Recently In a new post on X, analytics firm Santiment has discussed the latest trend in the Positive/Negative Sentiment for Bitcoin. This metric tells us whether the majority of social media comments...
  4. While XRP attempts to hold a crucial area, some analysts have pointed to key indicators that could dictate whether the recent pullback is temporary or marks the start of a deeper correction. Related Reading: Bitcoin Rally On The Line: Analyst Explains Why This Weekly Close Is Critical XRP Rally Faces Critical Resistance On Tuesday, XRP continued its recent decline, falling to the $1.35 area, its...
  5. Solana failed to settle above $92 and corrected most gains. SOL price is now consolidating losses above $84 and might attempt another increase. SOL price started a fresh decline below $90 and $88 against the US Dollar. The price is now trading below $87 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $85 on the hourly chart of the...
  6. XRP is approaching a crucial turning point as price action tightens within a major consolidation range, fueling speculation that a breakout could be near. With bullish momentum slowly building, analysts believe a decisive move above the key $1.50 resistance level could ignite a powerful rally toward higher targets in the coming sessions. Bollinger Band Squeeze Signals Explosive Move Ahead Crypto...
  7. XRP price extended losses and traded below $1.40. The price is now consolidating losses and faces hurdles near $1.3650 and $1.3940. XRP price started another decline and traded below the $1.40 zone. The price is now trading below $1.3880 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.3720 on the hourly chart of the XRP/USD pair (data source...
  8. Ethereum price started a recovery wave above the $2,100 zone. ETH is now consolidating and might struggle to continue higher above the $2,150 resistance. Ethereum started a recovery wave from the $2,075 zone. The price is trading below $2,120 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,120 on the hourly chart of ETH/USD (data feed via...
  9. Bitcoin price started a fresh decline below the $76,800 zone. BTC is consolidating and might struggle to stay above the $76,000 support. Bitcoin failed to stay above $77,000 and extended losses. The price is trading below $77,200 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $77,200 on the hourly chart of the BTC/USD pair (data feed from...
  10. Bitcoin (BTC) has slipped after failing to clear a major ceiling around the $83,000 area, with the flagship cryptocurrency down nearly 5% over the past week.  As of Tuesday evening, BTC was changing hands at roughly $76,750. Even with the pullback, market analyst Ali Martinez believes the current price action still leaves room for a rebound toward $94,850.  Bitcoin Could Drop Toward $54,270 In a...