Author: Web3 Daily Press Staff

Bitcoin Cash witnessed a bullish market structure flip in recent months. Whales have not yet begun to increase their holdings. Bitcoin Cash [BCH] was trading at $259 on the 23rd of February. On the 3rd of March, it posted a local high of $529.2 before the prices pulled back to $417 at press time. This run could play out similarly to how the previous rally in July 2023 went. The $500 level was both a technical and psychological resistance level. While BCH did face rejection from just above this level, it set a milestone by reaching price levels not seen…

Read More

The significant uptick in Bitcoin’s value appears to be preparing for a brief correction, due to the mere $132 million inflow into spot Bitcoin exchange-traded funds observed on March 14. As Bitcoin’s value recently touched the low of $65K, the altcoin market is seeing an influx of capital flow, resulting in a rising dominance. In the coming week, we might see further increases in altcoin prices as Bitcoin’s pullback will trigger a surge in buying demand for Solana, Toncoin and BNB prices. Altcoins Struggle Amid Bitcoin’s $70K Rejection Although Bitcoin has experienced a slight decline in recent weeks with resistance…

Read More

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Ethereum (ETH) and Ripple (XRP) navigate through their respective challenges, Raffle Coin (RAFF) is capturing investor interest with its innovative approach to decentralized raffles. Amid security concerns for Ethereum and legal battles for Ripple, Raffle Coin presents a fresh investment avenue. While Ethereum and Ripple holders sit on the edge of their seats, waiting for their moonship moments, they are now noticing the latest project in space: Raffle Coin (RAFF). This new project is a unique, decentralized way…

Read More

Bitcoin (BTC) whales have been on the move, withdrawing a substantial amount of BTC from exchanges over the past week. Amid the Bitcoin price surge past $73,000, BTC whales sought to realize their profits and withdrew over 21,000 BTC this week. Bitcoin Whales Withdraw Massive BTC Reserve From Exchanges Ali Martinez, a crypto analyst, recently took to X and revealed significant Bitcoin whale activity. He noted that a staggering 21,401 BTC has been pulled out of crypto exchanges during this week to cash out the BTC price rally profits. The impact of this whale activity became particularly pronounced on Thursday,…

Read More

Tim Buckley: It’s in the news spot: bitcoin ETFs. A question came in, “Hey, we know you’re not offering one. Have you changed your mind? What would it take for you to change your mind?” We don’t plan to, and we’re not going to change our minds around this unless the asset class changes. For why, first of all, we don’t believe it belongs, like a bitcoin ETF belongs in a long-term portfolio of someone saving for their retirement. It’s a speculative asset. Greg Davis: That’s exactly it. Tim Buckley: And the funds that we offer invest in asset classes…

Read More

Litecoin Falls 10.15% In Rout Investing.com – Litecoin was trading at $81.138 by 03:22 (07:22 GMT) on the Investing.com Index on Sunday, up 10.15% on the day. It was the largest one-day percentage gain since Wednesday, January 3, 2024. The move upwards pushed Litecoin’s market cap up to $6.123B, or 0.25% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $81.138 to $86.317 in the previous twenty-four hours. Over the past seven days, Litecoin has seen a drop in value, as it lost 7.53%. The volume of Litecoin…

Read More

Shiba Inu (SHIB), a cryptocurrency that experienced a remarkable surge of over 250% in recent weeks, is now facing a notable price decline, with a 7% decrease today and a 20% drop over the week, ultimately closing below the $0.00003 mark. This downturn has raised concerns among investors about potential sell-offs, particularly as it coincides with a significant increase in SHIB transfers to exchanges, facilitated by a whale wallet.According to data from spotonchain, a savvy trader recently deposited a substantial amount of SHIB, totaling 1.24 trillion tokens, equivalent to $35.16 million, onto platforms like Binance and Gate.io.If indeed selling, this trader…

Read More

Story Highlights The live price of VeChain is $ 0.03979823. VET price could have a maximum value of $0.0776 by the end of 2024. VeChain price with a potential surge could go as high as $0.300 by the end of 2030. The surge in Bitcoin’s price has triggered a bullish wave in the altcoin sector, leading to a frenzy of buying among investors. As the market recovers more broadly, altcoins are showcasing remarkable gains, some with nearly double-digit increases. Among the top performers, VeChain (VET) stands out with a 90% jump in three weeks. Given the current momentum and VeChain’s strong…

Read More

The price of Bitcoin (BTC) has spiked to a record level of $73,650, constituting the highest peak ever recorded in the history of the largest cryptocurrency in the world, according to market capitalization. Such exceptional performance signals huge rewards for Bitcoin (BTC) investors. At the same time, in parallel, it awakens activity among the so-called powerful holders or ‘whales’ by adjusting their portfolios as they start selling part of what they have been holding. As Bitcoin (BTC) sets waves, Pushd (PUSHD) picks up momentum with its presale of Stage 6, featuring and underpinning solid bullish movements of Ripple (XRP) and…

Read More