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The cryptocurrency rally, which resumed late last month, is fast gathering pace, with Bitcoin (BTC) hitting a new high on Thursday morning. Bitcoin surpassed $111,000 for the first time to hit a new all-time high. Interestingly, the jump in Bitcoin came despite the broader market ending lower on Wednesday.
Bitcoin had a robust 2024. Experts predicted that the cryptocurrency has the potential to surpass $140,000 once global tensions ease. The ongoing Bitcoin rally is being driven by easing global tensions and hopes of the Federal Reserve resuming rate cuts later this year.
$BTC
The cryptocurrency rally, which resumed late last month, is fast gathering pace, with Bitcoin (BTC) hitting a new high on Thursday morning. Bitcoin surpassed $111,000 for the first time to hit a new all-time high. Interestingly, the jump in Bitcoin came despite the broader market ending lower on Wednesday.
Bitcoin had a robust 2024. Experts predicted that the cryptocurrency has the potential to surpass $140,000 once global tensions ease. The ongoing Bitcoin rally is being driven by easing global tensions and hopes of the Federal Reserve resuming rate cuts later this year.
$BTC
#binanceEarnYieldArena
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Shiba Inu broke above the local descending trendline and moved prices to around $0.00001354, showing the first indications of a possible reversal. Years of consolidation around the $0.0000122 support zone, which served as a base during increased whale outflows, preceded this move.
A bullish crossover in the RSI, which is currently above 50 and increasing volume support, suggests a change in sentiment. A shift in momentum is indicated by this, positioning SHIB to test the 50-day EMA, which is presently trading close to $0.0000142, its next crucial technical level. It may be possible to break and hold above this resistance, opening the way to the 100 EMA and the psychological threshold at $0.0000160.
However, since SHIB is still trading below the 200 EMA and the trend structure is still bearish overall, on longer time frames, caution is still necessary. An intriguing element to the current price movement is the on-chain activity from earlier in the week, especially the 5.54 trillion SHIB outflow by large holders on March 20.
$ETH
#Write2Earn
Shiba Inu broke above the local descending trendline and moved prices to around $0.00001354, showing the first indications of a possible reversal. Years of consolidation around the $0.0000122 support zone, which served as a base during increased whale outflows, preceded this move.
A bullish crossover in the RSI, which is currently above 50 and increasing volume support, suggests a change in sentiment. A shift in momentum is indicated by this, positioning SHIB to test the 50-day EMA, which is presently trading close to $0.0000142, its next crucial technical level. It may be possible to break and hold above this resistance, opening the way to the 100 EMA and the psychological threshold at $0.0000160.
However, since SHIB is still trading below the 200 EMA and the trend structure is still bearish overall, on longer time frames, caution is still necessary. An intriguing element to the current price movement is the on-chain activity from earlier in the week, especially the 5.54 trillion SHIB outflow by large holders on March 20.
$ETH
#Write2Earn
#FedWatch
Ethereum, the second-largest cryptocurrency by market capitalization, is known for its fluctuating gas fees, which typically rise and fall based on network congestion. However, the current decline in transaction fees reflects a substantial slowdown in on-chain activity rather than just a temporary dip. This has raised widespread concerns about decreasing network demand.
Over the years, the Ethereum mainnet has faced significant scalability challenges, prompting the adoption of a rollup-centric roadmap that offloads most on-chain activity to Layer 2 solutions. This shift has also led to the migration of users, protocols, and on-chain activities to alternative blockchain networks such as Solana, Avalanche, and Binance Smart Chain.
$ETH
$
#FedWatch
Ethereum, the second-largest cryptocurrency by market capitalization, is known for its fluctuating gas fees, which typically rise and fall based on network congestion. However, the current decline in transaction fees reflects a substantial slowdown in on-chain activity rather than just a temporary dip. This has raised widespread concerns about decreasing network demand.
Over the years, the Ethereum mainnet has faced significant scalability challenges, prompting the adoption of a rollup-centric roadmap that offloads most on-chain activity to Layer 2 solutions. This shift has also led to the migration of users, protocols, and on-chain activities to alternative blockchain networks such as Solana, Avalanche, and Binance Smart Chain.
$ETH
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#2024withBinance
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https://www.binance.com/year-in-review/2024-with-binance?ref=544642592
#Write2Earn $ETH
https://www.binance.com/year-in-review/2024-with-binance?ref=544642592
#RamadanGiveaway
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Binance Square is celebrating Ramadan with an exclusive 5,000 USDC giveaway for MENA users! 🕌✨
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#CryptoCPIWatch
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uptick, pushing the global market cap to $2.64 trillion. Meme coins followed suit, climbing to a $48.8 billion market cap after a 4.8% gain. PEPE, the frog-themed token, jumped by over 5.04%.
The prolonged bearish pressure within the market has resulted in intense price volatility. The meme coin has mounted to a high of $0.000006518 from the $0.00000568 range.
At the time of writing, PEPE was trading at $0.000006256 with its market cap staying at $2.62 billion. Furthermore, the market witnessed a $1.91 million PEPE liquidation. Consequently, its daily trading volume has reached $882 million.
$PEPE
$ETH
#Write2Earn
uptick, pushing the global market cap to $2.64 trillion. Meme coins followed suit, climbing to a $48.8 billion market cap after a 4.8% gain. PEPE, the frog-themed token, jumped by over 5.04%.
The prolonged bearish pressure within the market has resulted in intense price volatility. The meme coin has mounted to a high of $0.000006518 from the $0.00000568 range.
At the time of writing, PEPE was trading at $0.000006256 with its market cap staying at $2.62 billion. Furthermore, the market witnessed a $1.91 million PEPE liquidation. Consequently, its daily trading volume has reached $882 million.
$PEPE
$ETH
#Write2Earn
XRP has demonstrated remarkable resilience amid broader market turbulence. Ripple’s expanding U.S. operations through strategic licensing acquisitions position the cryptocurrency for institutional adoption. Currently trading at $1.95, XRP has maintained critical support levels despite Bitcoin’s correction.
$ETH
XRP has demonstrated remarkable resilience amid broader market turbulence. Ripple’s expanding U.S. operations through strategic licensing acquisitions position the cryptocurrency for institutional adoption. Currently trading at $1.95, XRP has maintained critical support levels despite Bitcoin’s correction.
$ETH
Hi, I would like to request this Lantern 4 card.My Referral ID:544642592.
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#SaylorBTCPurchase
Bitcoin’s value has tumbled below $91,000, marking its lowest point since November. The wider crypto market lost over $100 billion, dragged down by investor uncertainty, US economic policies, and geopolitical tensions.Analysts warn that Bitcoin is at a crucial juncture, mirroring broader market struggles. Meanwhile, MicroStrategy continued its aggressive Bitcoin acquisition, while regulatory shifts in Asia are reshaping the digital asset landscape.
$ETH
#SaylorBTCPurchase
Bitcoin’s value has tumbled below $91,000, marking its lowest point since November. The wider crypto market lost over $100 billion, dragged down by investor uncertainty, US economic policies, and geopolitical tensions.Analysts warn that Bitcoin is at a crucial juncture, mirroring broader market struggles. Meanwhile, MicroStrategy continued its aggressive Bitcoin acquisition, while regulatory shifts in Asia are reshaping the digital asset landscape.
$ETH
$BTC #BTCNextDirection?
MicroStrategy co-founder Michael Saylor says the US should offload all its gold and accumulate Bitcoin (BTC) as part of a new strategy to cement the country’s global financial dominance which Max Keiser says will send the Bitcoin price to $2,200,000 per coin.
MicroStrategy co-founder Michael Saylor says the US should offload all its gold and accumulate Bitcoin (BTC) as part of a new strategy to cement the country’s global financial dominance which Max Keiser says will send the Bitcoin price to $2,200,000 per coin.
$XRP
XRP was trading at $2.5663 by 21:34 (16:04 GMT) on the Investing.com Index on Saturday, up 10.21% on the day. It was the largest one-day percentage gain since Monday, December 2, 2024.
The move upwards pushed XRP's market cap up to $145.2027B, or 3.95% of the total cryptocurrency market cap. At its highest, XRP's market cap was $155.2807B.
XRP had traded in a range of $2.3874 to $2.5663 in the previous twenty-four hours.
Over the past seven days, XRP has seen a rise in value, as it gained 35.3%. The volume of XRP traded in the twenty-four hours to time of writing was $12.2848B or 6.37% of the total volume of all cryptocurrencies. It has traded in a range of $1.8514 to $2.8928 in the past 7 days.
At its current price, XRP is still down 22.00% from its all-time high of $3.29 set on Thursday, January 4, 2018.
XRP was trading at $2.5663 by 21:34 (16:04 GMT) on the Investing.com Index on Saturday, up 10.21% on the day. It was the largest one-day percentage gain since Monday, December 2, 2024.
The move upwards pushed XRP's market cap up to $145.2027B, or 3.95% of the total cryptocurrency market cap. At its highest, XRP's market cap was $155.2807B.
XRP had traded in a range of $2.3874 to $2.5663 in the previous twenty-four hours.
Over the past seven days, XRP has seen a rise in value, as it gained 35.3%. The volume of XRP traded in the twenty-four hours to time of writing was $12.2848B or 6.37% of the total volume of all cryptocurrencies. It has traded in a range of $1.8514 to $2.8928 in the past 7 days.
At its current price, XRP is still down 22.00% from its all-time high of $3.29 set on Thursday, January 4, 2018.
$BTC #FanTokensRise $BNB
$7 TRILLION Charles Schwab says, "Bitcoin is going to $1 million once Trump establishes a Strategic BTC Reserve." Bitcoin OG Adam Back agrees that a US Bitcoin reserve during Trump's presidency will pump the king crypto (Bitcoin) to $1,000,000.
$7 TRILLION Charles Schwab says, "Bitcoin is going to $1 million once Trump establishes a Strategic BTC Reserve." Bitcoin OG Adam Back agrees that a US Bitcoin reserve during Trump's presidency will pump the king crypto (Bitcoin) to $1,000,000.
https://s.binance.com/z9uOEM5j
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https://s.binance.com/gyyBTPQy
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Crypto World visits Pubkey, the bitcoin-branded Manhattan bar, to learn about former President Donald Trump’s recent campaign visit and how the pub serves as a gathering space for bitcoin enthusiasts.
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