NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.
-
Max Resnick, a reputable Ethereum expert, has taken a bold shift to the Solana blockchain. The change follows his departure from Consensys, where he played an important role in advancing Ethereum’s ecosystem. Given Resnick’s strong ties to Ethereum and growing enthusiasm for Solana, this unexpected decision has sparked debate in the cryptocurrency community. Related Reading: Bitcoin...
-
POPCAT has reignited excitement in the market as buyers stepped in at the crucial $1 support level, halting the recent pullback and fueling hopes for a renewed rally. This strategic rebound underscores the token’s resilience and growing bullish momentum, setting the stage for a potential climb toward new heights. With market sentiment shifting and technical indicators flashing promising...
-
A crypto analyst has unveiled uncanny similarities between Bitcoin’s Chicago Mercantile Exchange (CME) chart from late Q4 2024 and 2023. According to the analyst’s report, the 2024 Bitcoin CME chart replicates the price action seen in 2023, experiencing similar technical patterns, wave structures, price movements, and specific key indicators. Bitcoin CME Chart Mirrors 2023 Price Action A...
-
In a notable display of resilience amidst a broadly subdued crypto market, XRP has surged 6.7% in the last 24 hours. Following a dip to as low as $1.90 on December 10, the asset is once again trading above $2.36, defying the predominantly bearish sentiment that has taken hold of the altcoin sector. While most altcoins have posted losses or traded sideways over the same period, and Bitcoin has...
-
Bitcoin has faced a volatile week, with sharp moves above and below the pivotal $100,000 mark, but the price still struggles to close and hold above this psychological level. The lack of a clear direction has divided investors, with some anticipating a breakout into uncharted territory while others brace for a potential correction. Related Reading: Solana Might Reach $295 Once It Breaks Key...
-
The Solana price is currently in a massive supply zone after recent declines in the past 48 hours that cut across the entire crypto landscape. Notably, technical analysis suggests that the Solana price is on the way to a massive breakout that would see both its price and market cap surge by over 1,700% in the near future. This analysis is highlighted by a cup and handle formation that has been...
-
Sentiment from the head of a Wall Street giant signals good news for the cryptocurrency economy. Goldman Sachs CEO David Solomon has said that the investment banking major would evaluate trading cryptocurrencies should US regulations permit the bank to do so. “At the moment, as a regulated banking institution, we’re not allowed to own a cryptocurrency like Bitcoin as a principal,” he said at a...
-
As of the end of Q3 2024, Tether’s USDT stablecoin has hit a new record with 330 million on-chain wallets. This shows that USDT is the market leader in stablecoins and is accompanied by an astounding rise in acceptability, particularly among small holders. Stablecoins are becoming more popular for a variety of financial transactions, including savings, remittances, and transactions, which is...
-
As meme coins continue to win over the public’s hearts and wallets, analysts wrestle with their irreverent, often degenerate appeal. Take $Luigi, a meme token inspired by Luigi Mangione, the lead suspect in the December 4 shooting of UnitedHealthcare CEO, Brian Thompson. The coin soared to a $77 million market cap just two days after launching earlier this week, in what can only be read as a...
-
Eric Trump (second son of President Donald Trump) predicts that crypto and blockchain will soon surpass traditional banking systems. At the recent Bitcoin Conference in Abu Dhabi, Trump remarked that the current banking system is quite ‘antiquated.’ If you want a loan for your dream house, it’ll take at least 90 days. But by then, your dream house might be sold. However, blockchain...