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Bitcoin Faces Potential Major Pullback: Glassnode Analysts Predict Price MovementGlassnode analysts are warning that despite Bitcoin's recent record highs, its continued upward momentum may be nearing its end, with a significant price correction potentially looming in the coming days. A report released on Tuesday notes that Bitcoin has entered a new price discovery phase, with nearly all circulating Bitcoin currently in profit

With the US Election Approaching, Financial Markets Bet on Trump's Victory, US Stocks Suffer Major Sell-Off, Bitcoin Surges then Retracts, What's Next?On Friday, Bitcoin's price dipped to $71,440 after US stock markets opened, subsequently rebounding and hovering around $72,300. Bulls are trying to gather strength and launch another attack, aiming to break through the previous high

Bitcoin Suffers Another Major Plunge, Over 148,000 Liquidated: Halving Effect Continues to Ferment, Market Risks IntensifyOn October 26th, Bitcoin prices saw another significant drop, falling nearly 4% at one point. According to data from Coinglass, the virtual currency market experienced a collective decline, with Ethereum falling over 3

Cryptocurrency Market Analysis: BTC Breaks Out of Triangle Consolidation, Major Altcoins Move Defense Positions UpBitcoin (BTC)In the article published on the 15th, we noted that Bitcoin was inside a triangle convergence zone. To continue its upward trend, it had to break through the upper resistance level of the triangle at $67,200

Ethereum Co-founder Vitalik Buterin Proposes Major Network Adjustments: Lowering Staking Threshold, Accelerating Transaction SpeedsIn a recent blog post, Ethereum co-founder Vitalik Buterin explored several potential improvements to Ethereum's Proof-of-Stake model, aiming to reduce network usage costs and enhance overall speed. He argued that the current 32 ETH staking threshold hinders wider participation and proposed lowering it to 1 ETH

The Bitcoin Mystery: Documentary Points to Satoshi Nakamoto's True Identity, Expert Denies, Crypto Ecosystem Could See Major ChangesThe Canadian Broadcasting Corporation (CBC) recently reported that a new HBO documentary, "Cryptocurrency: The Bitcoin Mystery," points to Canadian cryptocurrency expert Peter Todd as the true identity of Bitcoin founder "Satoshi Nakamoto." The film's producer, Hobeck, presented Todd's writings as circumstantial evidence, such as Todd's claim to have destroyed a significant amount of digital currency, which "Satoshi Nakamoto" also did in the early days of Bitcoin

Bitcoin Price Surges Over 3%: ETF Cash Inflows and Major Events Drive Market SentimentBitcoin (BTC) price jumped over 3% in the past 24 hours, reaching a daily high of approximately $57,896 before retreating to $56.6K during the early Asian trading hours on Tuesday, September 10th

Bitcoin Plunges Below $54,000, US Stocks Suffer Major Losses as Market Volatility IntensifiesAccording to Coinglass data, Bitcoin has dropped over 4%, breaking below the $54,000 mark, while Ethereum has seen an even steeper decline of over 6%. In the past 24 hours, over 86,000 traders have liquidated their positions in the cryptocurrency market

Major Crypto Market Analysis: Wait and See, Patience is KeyBTC, as mentioned in the previous article, encountered resistance at $65,000 and retreated to near the lower boundary of the rising channel on the right. If it continues to fall and breaks below $62,000, there is a risk of a breakdown

Bitcoin Price Not Expected to See Major Breakout Before Q4As the cryptocurrency market stabilizes after a turbulent period, a new analysis warns against expecting a major breakout in the Bitcoin price before the final quarter of the year. Singapore-based digital asset firm QCPCapital says that while there are encouraging signs, the market could remain in a wait-and-see mode for the foreseeable future

The price trend of Ethereum itself is an important indicatorThe breakthrough in Ethereum (ETH) may indicate the beginning of a bullish reversal. A careful study of the ETH price chart reveals that its price has broken through key resistance levels, which may mark the beginning of a broader market recovery

As developers prepare for major network upgrades, dogcoin price predictionsThe price of dog coins was rejected after the weekly closing price was below the top of the channel. It is expected that the decline will reach the bottom of the channel near $0