NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.
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Chainlink remains on standby as daily candles continue to show indecision, keeping traders on edge. The next significant move for LINK largely depends on Bitcoin’s momentum, with bulls and bears waiting for a clear signal before committing. Until then, the market is in a holding pattern, building tension for the breakout or breakdown. Traders Await Clear Direction For Chainlink According to an...
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Crypto analyst CryptoBull has highlighted targets that XRP could reach as it eyes double digits. The analyst is confident the altcoin could reach these targets, noting that current price action is mirroring the previous bull run. XRP Eyes Rally To $11 And Then $70 In an X post, Crypto Bull stated that the next impulse will take XRP to $11 and that the last wave will take the altcoin to $70....
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A large investor shifted funds into tokenized gold this week, and Bitcoin felt the impact. Prices dipped while a whale quietly bought millions in XAUT, a gold-backed token, signaling a short-term move toward traditional hedges. Related Reading: Bitcoin Influencers Get Spotlight In X’s New ‘Starterpacks’ Whales Move Into Tokenized Gold According to on-chain trackers, one address moved $1.53...
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As the crypto market suffered a widespread decline, Aave (AAVE) prices dipped by nearly 10%, reaching a local bottom around $153. Presently, the altcoin is trading within a range of $155-$160, but an emerging chart pattern indicates an impending price breakout. Related Reading: XRP Price Recovery Is Possible If It Reclaims This Ichimoku Base AAVE Falling Wedge Nears Explosion Point, $145 As Key...
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Over the past week, the price of Bitcoin faced a significant setback in its goal of reclaiming the six-figure threshold. The flagship cryptocurrency has been hovering around the $90,000 mark, as the market can’t seem to make a decision concerning the next price direction. As Bitcoin faced a mild sell-off, which, in turn, drove its price to fall from its recent highs, specific market...
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Chainlink’s native token, LINK, continues to trade within a clearly defined price channel, reflecting a period of consolidation as the broader crypto market is yet to establish a clear market direction. Meanwhile, renowned analyst Ali Martinez provides some key insights on the LINK market, highlighting the potential price targets for the next breakout. Related Reading: Litecoin Structure Intact,...
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The Bitcoin price had a relatively rough trading period over the past week, as it hovered around the psychological $90,000 mark. The flagship cryptocurrency, which looked set for a return to six-figure valuation barely over a week ago, now seems to have lost all its bullish momentum. Broadly speaking, these recent struggles put to rest questions around the “relief rallies” to the upside, and...
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Reports say Swiss banking giant UBS is planning to let a small group of its private bank clients buy and sell major cryptocurrencies. The step would open access to Bitcoin and Ethereum for people who have worked with the bank for years, not for every customer. Related Reading: Bitcoin’s Sharp Reversal Leaves Over $800 Million Liquidated In 1 Day Private Clients First According to a Bloomberg...
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Binance founder and former CEO Changpeng Zhao (CZ) has pushed back against growing scrutiny surrounding his relationship with President Donald Trump, saying his ties to the president and his family have been widely misunderstood following Trump’s decision to grant him a pardon last year. CZ Rejects Allegations Of Binance’s Political Links Attention on Zhao intensified after President Trump...
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As XRP attempts to climb to higher levels, an analyst affirmed that the altcoin is “doing what it needs to do” to continue its bullish rally, highlighting multiple key structures in key timeframes. Related Reading: Dogecoin Foundation-Backed ETF Launches On Nasdaq As Analysts Call For Massive DOGE Rally XRP Enters Inflection Point After retesting the $1.90 area on Friday morning, XRP saw a 4.6%...