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Cover image from youtu.be Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. MicroStrategy Chairman Michael Saylor made a profound statement that resonates with the core of the digital asset community:…

JPMorgan released a prolific report on Friday setting a $300 price target for Coinbase. Gabby Jones/Bloomberg—Getty Images It was only a year ago that the entire crypto industry was on the defensive, announcing layoffs and dodging regulators as trading all but dried up. Today, that doom and gloom has been replaced by his ETF-fueled “to the moon” chatter, and it all feels like a distant memory. Unsurprisingly, 2024 turned out to be a very good year for industry mainstay Coinbase, with its stock up nearly 70% this year to around $265, according to analysts at J.P. Morgan. It is receiving…

This is a Cheatsheet, a primer on what you need to know about cryptocurrencies today. There are times in every market cycle when Bitcoin just goes up because it doesn't go down. Today is one of those days. Internet Computer (ICP) is the best performing cryptocurrency at the top end of the table, up 20%. Puppy in a Wool Hat (WIF) is a close second with 16% bounce. After posting a healthy 30% retracement, WIF spent much of the past week in the red and remains one of the worst performers among the top 100 cryptocurrencies over the past seven…

Bitcoin price has recently found support near a significant price level of $60,000, marking the beginning of a sideways correction period. However, buyers are aiming to regain the $73,000 threshold in the medium term and push the price towards all-time highs. technical analysis Written by Shayan daily chart A closer analysis of the daily chart shows that the Bitcoin price is entering a medium-term correction phase following a notable rally towards its all-time high of $73,000. This consolidation extends into an important support area separated by the 0.5 ($62,000) and 0.618 ($59,5,000) Fibonacci retracement levels, where demand currently exceeds supply.…

Key Point:Elon Musk asked why Ethereum co-founder Vitalik Buterin left Company X.Buterin's X account remains active, but active engagement has decreased.One cryptocurrency user believes Buterin needs to be more involved in X for the benefit of Ethereum.X owner Elon Musk asked why Ethereum co-founder Vitalik Buterin left the social media network. Musk's question was in response to a user who suggested Buterin needed to return to the platform in an effort to promote Ethereum. Buterin's accounts on the social media platform are still active at the time of writing, with over 5.2 million followers. However, the data highlighted that Ethereum's…

prisma stakeIn anticipation of the expected market volatility during the upcoming Bitcoin halving, Prisma Stake has announced the launch of an advanced staking platform. Designed for resilience in volatile markets, it offers robust passive income opportunities through ETH crypto staking, altcoin staking, and more. Founder and CTO Arthur Kennedy emphasizes Prisma Stake's role in stabilizing crypto earnings.MELBOURNE, AUSTRALIA, March 25, 2024 (Globe Newswire) –In the ever-evolving cryptocurrency landscape, the impending Bitcoin halving has historically been a pivotal event that has caused significant market volatility. Against this background, prisma stake has emerged as a beacon of innovation and stability, announcing the…

On-chain analysts at Glassnode said Bitcoin (BTC) investors are likely to sell some of their coin holdings ahead of the crypto king’s April halving. new Video update, Checkmate, a pseudonymous lead analyst at Glassnode, said Bitcoin has yet to experience a major correction in the recent bull run, suggesting Bitcoin holders may take profits sooner. He said that “Since FTX's lows, we've only barely had a 20% correction, certainly on a closing price basis. So that really shows that the market structure in this cycle has changed significantly. [seeing] More buy-side [pressure]you just don't see the type of depth of…

In the quest for the best cryptocurrencies to buy right now, investors have traditionally turned to established names like Bitcoin (BTC) and Monero (XMR), which are known for their pioneering features and strong community support. I've been drawn to. However, things are about to change with the emergence of Raboo (RABT), a fast-growing meme coin that is gaining investor attention. This interest is particularly at its peak as we approach Bitcoin's halving, an event that historically influences investors' strategies. RABT is quickly emerging as a viable option. Bitcoin (BTC): Pioneer's Growing Pains Bitcoin (BTC), the original cryptocurrency, revolutionized digital finance…

The crypto market rebounded over the weekend following the Fed's interest rate decision on March 20th, but this week also saw the release of a number of important economic indicators. The week will be short as the TradFi market will be closed for Good Friday on March 29th. But investors are awaiting Fed Chairman Jerome Powell's speech for further clues about the Fed's policy outlook. economic calendar The first major report that could impact the market is the US GDP data for the fourth quarter of 2023, scheduled for release on Thursday, March 28th. This third and final reading is…

A closely watched analyst said he expects Bitcoin (BTC) to end its current correction and witness further gains soon. In a new video update, crypto strategist Kevin Svenson tells his 74,100 YouTube subscribers that Bitcoin could see a change in momentum after recording a bullish technical pattern on the lower time frame. Told. “Bitcoin is in a position on the 4-hour chart that could lead to further lows.” [at $64,800]This is an inverted head and shoulders and would indicate a reversal of momentum, increased demand, and trend reversal in the short term. ” Source: Kevin Svenson/YouTube Traders often focus on…