Bitcoin Weekly Forecast: BTC price provides buy opportunity before ascent toward $110,000
Bitcoin price could be awaiting a major upswing if the digital asset manages to slice above a crucial line of resistance. The prevailing chart pattern suggests that if the leading cryptocurrency could be expecting a 54% surge toward $110,000 if BTC breaks above $69,829.
Decentraland starts bull rally ahead of New Year’s eve celebration at Times Square
The Digital Currency Group has plans to unveil the iconic Times Square in the Decentraland metaverse through a New Year’s Eve party. Decentraland revealed that it wants to recreate the cultural site and offer users a metaverse experience.
Sandbox Price Prediction: SAND bulls prepare for 38% upswing
Sandbox price is forming a bullish chart pattern that could send SAND surging 38% toward $9.60. As long as the token manages to stay above the December 30 low at $5.55, the optimistic target could still be in the offing.
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Aptos and EIGEN lead $200 million token unlocks next week amid massive failure in low float, high FDV launches
The crypto market will witness token unlocks worth $200 million next week. APT and EIGEN will see the highest unlock volume, adding $93 million and $34 million worth of new supply to circulation. There is a massive failure among tokens that conducted airdrops with low float, high FDV.
Bitcoin, S&P 500 and USD sees simultaneous uptick amid declining unemployment rate
Bitcoin trades around the $62,200 level on Saturday following a reduction in the US unemployment rate. In addition to BTC, the S&P 500 and the US Dollar Index also posted gains. This marks a new market trend amid investors' heightened risk appetite.
Ethereum sees revenue uptick in September amid rising inflation rate
Ethereum revenue in September was about 4x larger than Solana's after the Fed rate cut. Ethereum annual inflation rate has risen to a two-year high of 0.74%. Ethereum has reclaimed the $2,395 support level and could rally to $2,595 if it crosses above the 100-day SMA.
Token unlock pushes XRP lower as holders come to grips with SEC appeal
Ripple climbs 2% on Friday. XRP is influenced by several market movers: the US SEC’s decision to appeal the final ruling in the Ripple lawsuit, Ripple’s $1 billion token unlock on October 1 and other token unlocks this month.
Bitcoin: Is BTC sell-off over?
Bitcoin price declined over 6% this week until Friday as the escalation of the conflict between Iran and Israel added fuel to this sell-off. The decline was also supported by falling institutional demand for ETFs. BTC bulls seem to be holding strong at a critical support level.
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