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NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.

 

 

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  1. Crypto analyst Kevin (formerly OG Yomi) has made a bullish case for Dogecoin (DOGE). Based on his analysis, the foremost meme coin could replicate its 2021 bull run when it enjoyed a price gain of 18,000%. Dogecoin Could Soon Replicate Its 2021 Bull Run Kevin suggested in an X (formerly Twitter) post that Dogecoin could soon replicate its 2021 run when it made a price gain of 18,000%. This came...
  2. Recent insights from a CryptoQuant analyst suggest that Bitcoin’s recent price action could be the beginning of more substantial movements. The analyst, sharing insights on QuickTake, points to historical data on Bitcoin’s price trends and newcomer activities. This data comparison shows that the most significant bull cycles in Bitcoin history have often peaked when the influx of new...
  3. The approval of Bitcoin ETFs by the US Securities and Exchange Commission (SEC) in January 2023 has opened the floodgates for significant institutional investment in the newly approved market. However, US states are also rushing to capitalize on the success of these ETFs by allocating a portion of their pension funds to reap profits and diversify their investments. Wisconsin, Jersey City,...
  4. Crypto analyst RLinda has revealed that XRP is showing impressive strength despite the decline in Bitcoin and Ethereum’s price. She explained why XRP suddenly has such a bullish outlook, considering that the crypto token has underperformed since the start of the year.  XRP Is The “Strongest” In The Market RLinda mentioned in a post on TradingView that XRP is the strongest in the market. She...
  5. Today, the Render Network finalized its RENDER crypto AI token migration and upgrade. Following the highly anticipated rebrand, the AI token saw a positive price action, surging over 15% on the last day. Investors and market watchers expressed optimism about the rebranded token and consider it could hit $10 soon. Related Reading: Ethereum Targets Recovery: Can It Mirror Bitcoin’s Performance?...
  6. CRV, the native token of Curve, a stablecoin decentralized exchange (DEX), is under immense selling pressure. After the hack of July 2023, CRV has never been the same again. However, the painful liquidations of Michael Erogov’s loans have worsened the situation for holders. Curve Founder Forced To Sell $677,000 Of CRV, Token Falling After the forced liquidation in mid-June, which pushed...
  7. Post the Spot Ethereum ETFs launch, the ETH price has continued to struggle unexpectedly, proving that the launch of the Spot ETFs were a ‘sell the news’ event. So far, the second-largest cryptocurrency by market cap has lost around 10% of its value since the Spot Ethereum ETFs trading began on Tuesday, July 23, and could see further decline from here, according to an analysis from Matrixport....
  8. Toncoin (TON) has recently seen a notable price decline, dropping below its 100-day Simple Moving Average (SMA). This breach of a critical technical indicator has placed the digital asset under bearish pressure, raising concerns among investors and traders. With the $6 mark now looming as a potential target, there is market speculation about whether the price will continue to decline or if a...
  9. After its latest halving event, Bitcoin sent a positive signal throughout the crypto market. Historically, this big drop in supply has been connected to notable price gains, which has inspired investor hope. Related Reading: Debunking Doubts: How XRP Could Achieve A 3-Digit Surge — Analyst The halving, which cut the rate at which new Bitcoins were made, has actually slowed the flow of new...
  10. American investment management firm VanEck has set an astonishing price target for Bitcoin (BTC), the world’s largest cryptocurrency. This forecast, which seems almost inconceivably high compared to most market predictions, has garnered significant attention. Despite the ambitious forecast, VanEck’s research team has presented a comprehensive rationale explaining why they believe such a...