According to market analyst Jake Wujastyk, the Bitcoin market has shown signs of a potential quick recovery. After a sharp decline to $41,454, the cryptocurrency has made strides toward regaining its lost value. Wujastyk’s analysis shows a volume gap above the current trading price, signaling that Bitcoin could climb to $43,700 swiftly. This optimistic prediction […]
Category Archives: Solana (SOL)
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Shares of prominent cryptocurrency-related companies observed a notable uptick following a 1.18% increase in Bitcoin’s price earlier today. Coinbase Global, Bitfarms and MicroStrategy are leading the surge, each recording gains of around 2%, 1.2% and 1.42%, respectively. Additionally, Riot Platforms and the U.S.-listed shares of Hut 8 Mining saw increases of 1.7% and 2.3%, while […]
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Recent data from CryptoDiffer reveals that Cardano (ADA) has taken a substantial lead in the average daily size of developer activity on GitHub over the past month, surpassing Ethereum (ETH) by 245%. With an average daily GitHub commit size of 449, Cardano is setting the pace in the development race, leaving Ethereum’s daily average of 183 behind. […]
A recent alert from 100eyes Crypto Scanner spotlighted a critical moment for Ripple-affiliated XRP. The controversial token is approaching what technical analysts refer to as “horizontal support.” This key technical level could prove pivotal for the digital asset’s short-term price movements. Understanding horizontal support Horizontal support is a term used in technical analysis that refers […]
John Reed Stark, a former official at the Securities and Exchange Commission (SEC), provided a stark viewpoint on the factors influencing cryptocurrency prices. Stark identifies two main reasons for the rise in crypto values: the absence of regulatory oversight and the speculative nature of crypto investments driven by the ‘greater fool’ theory. The impact of […]
Bitcoin (BTC) has just recorded an extremely bullish pattern. The leading cryptocurrency by market capitalization has formed what is known in trading circles as a “golden cross” on its weekly chart for the very first time, according to a tweet from Barchart. The golden Cross is a bullish pattern observed when an asset’s short-term moving […]
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Bitcoin has surged to a high of $45,210 on the Bitstamp exchange earlier today. The climb is attributed to several factors, including the increasing hype around Bitcoin exchange-traded funds (ETFs), particularly with established financial firms like BlackRock, VanEck and Ark/21Shares announcing competitively low fees for their proposed spot Bitcoin ETFs. This development comes amid a […]