Analysis

Following its brief stint above $66,000, the Bitcoin price fall had put it below multiple important levels. This allowed the bears to thrive as they reclaimed control of the largest cryptocurrency by market cap once again.

Shiba Inu whales have been noticed recently making a lot of moves despite the high volatility of the meme coin right now. Most importantly, these large whales more than doubled their volume in 24 hours, which could have serious implications for the SHIB price.

The new HBO documentary “Money Electric: The Bitcoin Mystery,” which aired on October 8, has ignited intense debate within the crypto community.

Tron price is holding gains above the $0.1560 zone against the US Dollar. TRX is outperforming Bitcoin and could start a fresh increase above $0.1600.

NFTs dominated headlines from late 2020 throughout 2021 before peaking in early 2022. By November 2020, the global NFT sales volume was around $8 million.

Bernstein analysts have predicted that the November presidential election result could affect the price of Bitcoin. The firm’s report shows possible price shifts based on Trump and Harris assuming the presidency.

Analysts at British multinational bank, Standard Chartered have predicted that the price of Ethereum (ETH) could potentially climb to $10,000 in response to the anticipated political changes set to take place following the upcoming United States (US) Presidential elections.

The Dogecoin price could soon witness another price rally following a recent accumulation trend from crypto whales. Onchain data shows that these whales have bought billions of DOGE tokens in the last week, which could trigger a price surge for the foremost meme coin. 

Crypto analyst Dark Defender (@DefendDark) has issued a bullish forecast for XRP, projecting a price surge above $5.85 based on a confluence of technical indicators and chart patterns.

As the bulls and long-term holders continue to capitalize on the dip, analysis of on-chain data has revealed that the selling pressure has been eased massively as the majority of short-term holders have exited the market.

Holonym Foundation partnered with Renzo Protocol, an Ethereum Liquid Restaking Protocol, to strengthen the Mishti network’s security and the company’s Digital Identity Solution: Human Keys.

The CEO of the on-chain analytics firm CryptoQuant has explained how the Bitcoin whales have been showing a shift in their Realized Cap recently.

Technical analysis shows that SUI has formed a bearish divergence on a momentum indicator.

A new Dogecoin price prediction has put it on another bullish path and this time, forecasting that the meme coin is destined for new all-time highs.

Ethereum is at a critical juncture after failing to break above the $2,500 mark yesterday, leaving investors uncertain about its next move.

On-chain data shows the Bitcoin supply in loss has shot up close to the 20% mark after the recent bearish action in the coin’s price.

Peter Schiff is itching for a fight. After Michael Saylor posted an AI-generated image of himself, dressed like a warrior and draped in a Bitcoin chain, Schiff was quick to respond.

Injective Protocol, a DeFi-centric platform using Cosmos tech, is gaining traction, looking at the gas fee revenue distributed to its validators in Q3 2024.

Ethereum bulls might struggle for momentum at press time, but other onchain data points to interesting developments. While ETH is trading above $2,400 but capped by determined sellers, IntoTheBlock data shows that nearly 30% of all circulating ETH has been staked.

Last week, Bitcoin (BTC) experienced considerable volatility, climbing to a two-month high of $66,500 before falling back to a low of $59,500 at the end of the week.