Bitcoin surges, but five emerging cryptos are gaining attention for their potential to outperform and deliver massive returns. #partnercontent
Bitcoin surges, but five emerging cryptos are gaining attention for their potential to outperform and deliver massive returns. #partnercontent
The cryptocurrency market experienced notable price movements on November 23, 2024. Altcoins like HBAR and XLM showed significant increases, attracting investor attention. Continue Reading: Crypto Market Observes Significant Price Movements The post Crypto Market Observes Significant Price Movements appeared first on COINTURK NEWS .
ADA is the top performer from the larger-cap alts today.
The post Kraken Adds 19 Tokens to Roadmap Amid Optimism for US Crypto Regulations appeared first on Coinpedia Fintech News Kraken, the second-largest crypto exchange in the United States, has unveiled its latest coin listing roadmap featuring 19 tokens, including BNB, DYDX, AR, and LQTY. This move signals Kraken’s expansion strategy as it anticipates a more relaxed regulatory environment under President-elect Donald Trump. The crypto community expects fewer restrictions on token listings in the US, …
Cardano (ADA) is back in the spotlight with a stellar performance in the crypto market. Over the past 17 days, ADA’s market cap has tripled, edging closer to the $1 milestone—a level last reached in April 2022. With bullish on-chain metrics, ADA is capturing the attention of traders and analysts alike. Traders Reap Big Rewards … Continue reading "Cardano’s Resurgence: Market Cap Triples in 17 Days" The post Cardano’s Resurgence: Market Cap Triples in 17 Days appeared first on Cryptoknowmics-Crypto News and Media Platform .
The post XRP Price Rallies After Gary Gensler’s Exit – Is Ripple vs SEC Lawsuit Reaching Its End? appeared first on Coinpedia Fintech News With preparations for Gary Gensler’s exit in January 2025, will it mark the end of the XRP lawsuit? XRP’s price reacted to this news and pumped over 20% and XRP is currently trading at $1.52. With the rate it got up, it seems a bigger target is on the way if the Ripple vs SEC …
According to recent data from DeFiLlama, Binance experienced a substantial net inflow of $8.73 billion in crypto assets within the last month. This influx has significantly boosted the exchange’s total
SEC Commissioner and a potential pick for SEC chairman under President-elect Donald Trump, Mark Uyeda, has detailed his aspirations and goals for the crypto industry. With Donald Trump yet to make his pick for the position, Uyeda outlined the agency’s likely approach under him in 2025. Speaking at an interview with Fox Business’s Stuart Varney,
The ongoing Bitcoin bull market has sparked renewed interest in on-chain metrics to fully understand the bullish trend behind the scenes. Earlier today, Avocado Onchain, a CryptoQuant analyst, shared his perspective on Bitcoin’s market performance, focusing on the widely-used Market Value to Realized Value (MVRV) ratio. This indicator is often used to assess Bitcoin’s valuation about its realized cap, which represents the aggregated value of all Bitcoin based on its last movement price. Related Reading: Bitcoin Hits S2F Threshold: Should You Hold Tight Or Take Profits? What Bitcoin MVRV Metric Currently Signals According to Avocado Onchain, the MVRV ratio provides key insights into market cycles. Historically, when the MVRV ratio dips below 1, it signals a market bottom, while values above 3.7 have coincided with potential market tops. As Bitcoin approaches new all-time highs, the MVRV ratio’s behavior suggests a shift in market sentiment from skepticism to optimism. This raises critical questions about how investors should interpret these metrics during a bull cycle. The MVRV ratio, calculated by dividing Bitcoin’s market cap by its realized cap, offers insights into whether the asset is undervalued or overvalued relative to its historical averages. Avocado Onchain emphasized that the ratio might not necessarily reach 3.7 in this cycle, as seen in prior bull markets, but could still signal overvaluation at lower levels. He noted that the ratio’s peaks and troughs have shown a narrowing trend, with higher lows and lower highs. MVRV Historical Patterns Drawing from historical patterns, the CryptoQuant analyst noted: In past cycles, detailed analysis of historical charts shows that in 2017, the MVRV ratio first reached 3.7, but Bitcoin’s price didn’t peak until six months later. Similarly, in 2021, the peak followed about three months after the ratio hit 3.7. Avocado Onchain suggested that while the MVRV ratio signals “overvaluation,” it does not guarantee an imminent price peak. Instead, the ratio often lingers around the overvaluation range, reflecting ongoing bullish sentiment with price fluctuations. Related Reading: Bitcoin Officially In Overheated MVRV Zone, Rally End Near? To mitigate risks, Avocado Onchain advises against relying solely on the MVRV ratio for investment decisions. He advocates for a gradual selling strategy as the ratio rises, allowing investors to balance potential gains with reduced exposure to market corrections. The analyst particularly concluded, stating: Asset prices often enter phases of extreme overvaluation that cannot be fully explained by numerical data alone. During a bull market, it’s essential to use not only on-chain metrics but also factors like investor sentiment, macroeconomic trends, and government policies to develop a well-rounded. Featured image created with DALL-E, Chart from TradingView