NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.
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Nearly two years after the inception of the Bitcoin ETF sector in the United States, these funds are currently grappling with significant challenges, exacerbated by mounting concerns regarding a potential bear market in the coming months. This turmoil is exemplified by the BlackRock iShares Bitcoin Trust ETF (IBIT), which experienced its largest single-day withdrawal since launch, further...
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The native token of the crypto exchange WhiteBIT (WBT) is leading the mid-week altcoin market after a significant 20% surge over the past 24 hours. This performance follows the announcement of a key partnership with Durrah AlFodah Holding to promote the growth of blockchain technology in Saudi Arabia. Related Reading: Solana Reclaims $140 As Second Wave Of SOL ETFs Debut – Is A Rebound Coming?...
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Bitcoin slid below the $92,000 mark on Wednesday, trading at $91,500 at press time after a one-day drop of 5% that left the token down 17% in the last 30 days. Related Reading: With 42% Of XRP Holders Underwater, Analysts Say The Altcoin Could Crash Even Further Market players were rattled after a stretch of heavy swings that began with a peak early in October. According to market trackers,...
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Solana started a recovery wave above the $132 zone. SOL price is now consolidating and faces hurdles near the $145 zone. SOL price started a decent recovery wave above $135 and $140 against the US Dollar. The price is now trading above $140 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $140 on the hourly chart of the SOL/USD pair...
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XRP’s price action continues to follow a clear corrective structure, setting the stage for a potential drop toward the key $2.03 support level. With momentum cooling and Wave 2 behavior unfolding as expected, the market may be preparing for one final dip before the uprend shift emerges. Wave 2 Dynamics: Why XRP’s Choppy Pullback Is Completely Normal CasiTrades, a well-followed crypto analyst,...
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XRP price started a fresh decline below $2.150. The price is now attempting to recover and faces resistance near the $2.15 pivot level. XRP price started a fresh decline below the $2.10 zone. The price is now trading below $2.150 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.150 on the hourly chart of the XRP/USD pair (data source from...
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A cryptocurrency analyst has revealed where the most significant Dogecoin support level is located, according to on-chain cost basis data. Dogecoin CBD Points To $0.08 As Strongest Support In a new post on X, analyst Ali Martinez has talked about how Dogecoin support is looking from the perspective of the Cost Basis Distribution (CBD). The CBD is an indicator created by on-chain analytics firm...
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Ethereum price failed to stay above $3,000 and tested $2,870. ETH is now attempting to recover but faces resistance near $3,100. Ethereum started a fresh decline after it failed to stay above $3,050. The price is trading below $3,100 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,100 on the hourly chart of ETH/USD (data feed via Kraken)....
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The crypto market is buzzing after the launch of the first U.S. spot XRP ETFs, a development that has injected fresh institutional energy into the asset. Related Reading: Famous Trader Bets $27 Million That The XRP Price Will Crash With multiple high-performing firms entering the race, including Canary Capital, Franklin Templeton, and Grayscale, a bold question is resurfacing across the...
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Bitcoin price found support near $88,500. BTC is now correcting some losses but faces many hurdles near $92,500 and $93,500. Bitcoin started a fresh decline below $93,000 and $92,500. The price is trading below $93,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $93,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The...