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Updated on 10/20 below. This post was first published on October 18th Tesla billionaire Elon Musk may have intended to “keep Dogecoin in the Treasury,” but Tesla's sudden move of Bitcoin this week sparked a Bitcoin price panic. Earn over $3,000 in benefits, including unparalleled access to Web3's community of top entrepreneurs, creators, and investors, premium networking, priority access to global events, and free access. forbes.com and our forbes Cryptocurrency and Blockchain Advisor Newsletter. Apply now! Bitcoin prices have soared towards an all-time high of about $70,000 per Bitcoin in recent weeks, thanks to BlackRock and China, but Tesla's $750…

As Blockstream CEO Adam Back pointed out, Bitcoin's 200-week moving average (MA) has surpassed the $40,000 level for the first time.The leading cryptocurrency is currently trading at $68,352.”Only up”The 200MA level has always been treated as the floor price for the largest cryptocurrencies, excluding volatility.In fact, Bitcoin has never had a monthly closing price below the aforementioned levels, even during the most severe price corrections.It is worth noting that the flagship cryptocurrency has fallen below the 200 moving average several times. For example, during the 50% crash that occurred on “Black Thursday'' in March 2020, stock prices temporarily fell.However, barring…

12:05 ▪ 3 Minimum read time up to ▪ Fenelon L. Bitcoin rose 11% last week, hitting a high comparable to July. However, some analysts say macroeconomic headwinds could quickly undermine this bullish momentum. U.S. Treasury yields, Bitcoin threat Yuya Hasegawa, an analyst at Japan's BitBank, sounded the alarm about the evolution of the U.S. bond market. He said rising U.S. Treasury yields are “a concern for Bitcoin in the near term.” In fact, when bond yields remain high, they tend to become more attractive than assets considered riskier, such as Bitcoin. This phenomenon could lead investors to abandon cryptocurrencies…

YearMinimum PriceAverage PriceMaximum Price2024$4,215.58$4,341.57$4,773.522025$5,907.41$6,124.39$7,194.282026$8,232.18$8,477.15$10,283.972027$11,892.81$12,316.77$14,527.552028$18,352.16$18,968.10$20,942.912029$26,883.31$27,831.22$31,829.822030$38,664.13$40,055.99$47,066.292031$56,588.34$58,191.18$67,571.242032$87,586.24$90,495.95$98,973.102033$126,956.30$131,481.85$150,114.992040$168,296.17$184,074.59$193,277.672050$226,147.38$244,555.54$259,018.10 Our real-time ETH to USD price update shows the current Ethereum price as $2,621.14 USD. Our most recent Ethereum price forecast indicates that its value will increase by 1.57% and reach $2,662.24 by October 17, 2024. Our technical indicators signal about the Neutral Bullish 66% market sentiment on Ethereum, while the Fear & Greed Index is displaying a score of 65 (Greed). Over the last 30 days, Ethereum has had 16/30 (53%) green days and 4.58% price volatility. Ethereum Profit Calculator Profit calculation please wait… Ethereum (ETH) Technical Overview When discussing future trading opportunities of digital…

One veteran trader says it would be unwise to start calling the top in a crypto bull market. A pseudonymous trader known as The Flow Horse wrote on his Telegram channel that based on a number of charts, including Bitcoin (BTC), gold futures, and Nasdaq, there is a clear bull market underway and there is no way to bet on it. said it could be costly. “I said this in 2020 and I'll say it again now: If you're having trouble entering late into an upbreak, just buy and walk away.” Once a week, close that level strong and that's…

A new paper by ECB researchers argues that Bitcoin benefits early adopters at the expense of latecomers.Bitcoin analysts called this a “declaration of war.”Italy recently raised capital gains taxes on Bitcoin, signaling increased regulatory oversight in Europe.European Central Bank (ECB) economists Ulrich Bindtheil and Jürgen Schaaf argue in a paper that Bitcoin's rise in value disproportionately benefits early adopters at the expense of latecomers and non-holders. It is claimed that it bringsAlthough this does not necessarily reflect the ECB's official position, the paper has triggered a discussion about the potential regulatory implications.Bitcoin analyst Tour Demeester went so far as to…

share Tweet share share email October has gotten off to a slow start for the crypto industry so far, but analysts and experts remain optimistic about the bull market ahead. Tron (TRX), a well-known name among cryptocurrencies, has been gaining a lot of attention recently with a significant rally. At the same time, Monero (XMR) has emerged from its predicament and begun a new journey towards revival. While both these coins have experienced volatility in the market, new blockchain players have entered the market and have been among the best performers of the year. Zig Network (ZIG)is a…

There are many people who wish they had added TRX and XMR to their portfolio right now. According to popular exchange service ChangeNOW, trading volumes for these coins are increasing. This tool is preferred by prudent investors and large holders who prioritize the safety of their assets. Increased trading suggests that investors are accumulating these coins, suggesting potential for future growth. TRON (TRX) Shows Signs of Steady Growth Amid Moderate Bullish Momentum TRON price is currently between $0.1561 and $0.1664, up about 43% over the past six months, showing steady progress. The price is approaching the first resistance level at…

Kaspa and Zcash are gaining traction in the crypto market, with upside potential on the horizon. According to ChangeNOW, coins such as Monero, Litecoin, and Kaspa are seeing an increase in trading. ChangeNOW's increased activity suggests that investors keen on security and anonymity are starting to accumulate these coins in anticipation of future growth. Monero gains momentum as bulls target key resistance levels The price of Monero has been rising, hovering between $143 and $154. It's up more than 5% over the past week, showing a strong upward trend. The next hurdle for buyers is the $160 resistance level. If…

Over the past month, Ethereum’s price has shown resilience, spiking intermittently due to institutional adoption, Layer 2 innovation, and developments in the DeFi sector. Analysts predict that Ethereum could reach the $3,000 level by the end of the fourth quarter. Shiba Inu’s burn rate also recorded a significant increase of over 14,575%, with 279 million SHIB tokens removed from circulation, boosting SHIB’s price performance, which is already recording over 34% monthly appreciation. meanwhile, Kutoshi It continues to attract investors with its unique features. This Ethereum-based utility token has already made significant profits, and early investors are enjoying it 46% ROI.…