NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.
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Anthony Scaramucci showed up to Solana Breakpoint in Abu Dhabi wearing a tie — a small act of rebellion in a sea of hoodies — and then proceeded to make a much bigger one on stage: Solana is going to “flip” Ethereum. Scaramucci’s Solana Prediction Not in the Twitter-war, zero-sum, “ETH is dead” kind of way. More like: same league, different growth curve, and Solana ends up with the bigger...
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On Thursday, Bitcoin (BTC) once again fell below the critical $90,000 mark, even after what many had anticipated to be a bullish event stemming from the US Federal Reserve’s (Fed) decision to cut rates by a quarter point. Analysts from Bull Theory note several factors contributing to this unexpected downturn. Bitcoin Sell-Off Amid Market Unease The analysts pointed out that the rate cut itself...
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Dogecoin started a fresh decline below the $0.1420 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1440. DOGE price started a fresh decline below the $0.1420 level. The price is trading below the $0.1420 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.1440 on the hourly chart of the...
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A cryptocurrency analyst has pointed out how Stellar has just seen a TD Sequential buy signal. Here’s what happened the last time the pattern surfaced. Stellar Shot Up The Last Time A TD Buy Signal Appeared At Current Prices In a new post on X, analyst Ali Martinez has talked about a Tom Demark (TD) Sequential signal that has appeared in the 1-week price of Stellar. The TD Sequential is a...
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XRP price started a fresh decline below $2.080. The price is now struggling and faces resistance near the $2.040 resistance level. XRP price started a fresh decline below the $2.050 zone. The price is now trading below $2.050 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.040 on the hourly chart of the XRP/USD pair (data source from Kraken)....
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A recent report from BitcoinTreasuries.Net highlights significant challenges faced by Bitcoin-focused treasury companies since November. The findings revealed that the vast majority of these firms are now grappling with substantial unrealized losses, prompting many to sell off considerable amounts of their Bitcoin holdings. Market Struggles Continue In a sample analysis of 100 companies with...
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Ethereum price started a fresh increase above $3,150. ETH is now consolidating and might soon aim for a clear upside break above $3,350. Ethereum started a downside correction from the $3,450 zone. The price is trading above $3,200 and the 100-hourly Simple Moving Average. There is a new connecting bullish trend line forming with support at $3,180 on the hourly chart of ETH/USD (data feed via...
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Bitcoin has retraced below the $91,000 level following the Federal Reserve’s decision to cut interest rates by 25 basis points, a move that initially generated volatility across risk assets. While the market’s reaction has leaned bearish in the short term, on-chain data tells a very different story beneath the surface. Related Reading: The Whale Who Can’t Stop Buying: BitcoinOG Scales Ethereum...
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Bitcoin price stayed above the $90,000 support zone. BTC is now rising and might soon aim for an upside break above the $94,000 resistance. Bitcoin started a downside correction from the $94,500 zone. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $92,950 on the hourly chart of the BTC/USD pair (data feed from...
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As the start-of-week momentum slows, Dogecoin (DOGE) dropped 5.5% on the daily timeframe, falling to the recent lows once again. Some analysts have suggested that the cryptocurrency is setting the stage for a massive short-term and mid-term rally if the retests of current levels hold. Related Reading: Cathie Wood Says Bitcoin Is ‘Climbing Another Wall Of Worry’– Here’s Why Dogecoin Prepares For...