Altcoin News by Thebittimes.Com

Bitcoin’s (BTC) recent price action hints at a renewed strength in fighting for higher grounds and whale activity corroborates that. In particular, Bitcoin whales have accumulated over 100,000 BTC in the past week. This activity draws a spike on the chart, as shown by the expert trader and on-chain analyst Ali Martinez. Martinez reported the increase in Bitcoins held by addresses between 1,000 and 10,000 BTC, worth over $7 billion . Interestingly, the spike resembles what the market previously saw in early February, before the bull run to above $70,000. Picks for you How much 20-year-olds should invest monthly to reach 1 million by age 50 3 mins ago DOGE price prediction as Dogecoin chart makes waves on social media 52 mins ago How much is the father of TRON worth? – Justin Sun's net worth revealed 1 hour ago AI predicts Terra Classic price for end of 2024 1 hour ago At that time, these whale addresses started accumulating larger a...

VanEck made 15 crypto currency prediction s for 2024, including price forecasts and the timing of the spot Bitcoin ETF launch. The firm estimates Bitcoin (BTC) will reach a new all-time high in late 2024 amid a long-feared US recession and regulatory changes following the next US presidential election. They will take place on Nov. 5, 2024. VanEck 15 Crypto Predictions for 2024 Prediction #1. The US recession will finally arrive, but so will the first spot #Bitcoin ETFs. Over $2.4B may flow into these ETFs in Q1 2024 to support Bitcoin’s price. — VanEck (@vaneck_us) December 7, 2023 Additionally, VanEck expects the first spot Bitcoin ETFs to be approved in the first quarter. However, he also had dire forecasts for the US economy. You might also like: Will Bitcoin price make a new all-time high in 2023? Prediction and analysis The firm also believes Ether (ETH) will unlikely disrupt Bitcoin in 2024 but will outperform the most significant tech stocks. “Like ...

Bitcoin is due to hit $45,000 by the end of 2023, with post-halving BTC price targets reaching a giant $250,000. Bitcoin (BTC) continues to circle its highest levels in 18 months and bullish BTC price prediction s are flowing in — how high can the bull market go and how fast? From a crash to $20,000 to six figures within months, there is plenty of variety when it comes to what Bitcoin might do next, with November traditionally one of its most volatile months. BTC/USD monthly returns (screenshot). Source: CoinGlass The mood among crypto traders and analysts has improved over the past month after “Uptober” delivered nearly 30% BTC price gains. Cointelegraph takes a look at five of the most popular targets for 2024 and beyond. Stock-to-Flow may not have come true — at least for now — but $250,000 is still on the radar. Matrixport predicts $45,000 within two months A lot can happen in Bitcoin within a short space of time, and with 2024 less than two months away, there is plenty of time ...

THORChain (RUNE) has been constantly rising over the past ten days after witnessing a 45% decline since the start of October.  The asset has gained bullish momentum as the global crypto market capitalization gained traction, reaching a local top of $1.27 trillion. The possibility of the Bitcoin (BTC) spot exchange-traded fund is one of the main positive drivers. RUNE price, development activity , social volume and Binance funding rate – Oct. 31 | Source: Santiment According to data from Santiment, THORChain’s development activity rose by 27% in the past 24 hours and registered 160% gains since Oct. 29. Per the market intelligence platform, the asset’s development activity is still down by 95.4% from its local top on Oct. 17. You might also like: Daniel Shin denies hand in Terra’s collapse On the other hand, RUNE’s social volume surged by a whopping 160% over the past 24 hours, putting the asset in the trend zone, according to Santiment. Data shows that th...

BTC price all-time highs await Bitcoin hodlers before April 2024, says BitQuant — but what happens after will be even bigger. Bitcoin (BTC) has a $250,000 target for after its next block subsidy halving — but new all -time highs will come sooner. That is the latest BTC price prediction from BitQuant, the popular social media commentator who sees a rosy future for the largest cryptocurrency. BitQuant: Pre-halving all-time high will not be BTC price top In his latest post on X (formerly Twitter) on Sep. 15, the pseudonymous “central banker and Bitcoiner” revealed a pre- halving target above $69,000. “No, Bitcoin is not going to top before the halving,” he wrote in part of commentary. “Yes, it's going to reach a new all-time high before the halving.” Bitcoin has just over six months before the halving, the event which cuts miner rewards earned per block by 50% every four years. Analysts argue that the resulting emission restrictions have a cathartic impact on BTC price performance...

The third Litecoin (LTC) halving is only hours away, and market data indicates a surge in LTC trading activity in the last 24 hours. This halving happens every 840,000 blocks, according to Litecoin’s whitepaper. At the time of writing, the countdown clock on the OKLink platform indicated that there were less than 11 hours left to the event. Litecoin $LTC halving is just HOURS away. pic.twitter.com/2CoOpVzdzs — Altcoin Daily (@AltcoinDailyio) August 2, 2023 The previous halving in 2019 led to a significant uptick in Litecoin’s value. Per historical data from CoinMarketCap, between Aug. 2 and Aug. 9, 2019, in the run-up to the last halving , LTC prices see-sawed between $91 and $95, finally skyrocketing to $105.59 on the day of the halving itself.  Litecoin during the 2019 halving | Source: CoinMarketCap Unsurprisingly, the anticipation for the 2023 event is palpable, with Litecoin experiencing a demand surge primarily attributed to the approaching halving . Acc...

The day the Terra Classic price (LUNC) hit its 2022 top, two of the best crypto traders correctly predicted the bull run was over. That was September 8th, when the LUNC price reached $0.000593 on Binance, and as of mid October LUNC is now trading over 50% lower, below the $0.0003 support level. Terra LUNA Classic Price Prediction - Light Crypto Light (@lightcrypto), who has 169,000 followers, tweeted: "Think LUNC burn trade is about to implode, momentum just broke, elevator down is a high possibility " . GCR (@GiganticRebirth), who has 187,000 followers, replied from his secondary account with a Hillary Clinton quote "that's right, zero" . GCR famously won a $10 million bet against former Terraform Labs CEO Do Kwon, with his bearish Terra LUNA price prediction back in March. Light, who runs a prop trading firm, then posted a long tweet thread a few days later with a mix of fundamental and technical analysis: As well as predicting the Terra Cl...