Lido DAO Price Prediction: LDO set to flirt with a break above $3 this Friday
Lido Dao (LDO) price was on a tear this morning as bulls came storming out of the gates during the Asia-PAC session. That bullish sentiment could take over during the European session and make LDO a big outlier as it outpaced other major cryptocurrencies and even diverged from equities on the back foot. That results in bulls already holding over 7% gains near the US opening bell, with another 8% to be eked out by bulls toward the closing bell of this work week.
Bitcoin metric prints 'mother of all BTC bullish signals' for 4th time ever
A Bitcoin (BTC $23,880) price indicator has flashed green for just the fourth time ever this week in a major warning to bears.
Bitcoin price, Ethereum and other cryptocurrencies got a cold shower on Thursday over some very strong Producer Price Index numbers. Not only were the recent numbers higher, but the previous numbers were revised upwards as well. This means that the situation in terms of inflation is not so rosy at all, but markets must not forget that US Fed Chair Jerome Powell warned that the actual impact of what the Fed is doing could be seen filtering through with a delayed effect.
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Is Altcoin Season here as Bitcoin reaches a new all-time high?
Bitcoin reaches a new all-time high of $98,384 on Thursday, with altcoins following the suit. Reports highlight that the recent surge in altcoins was fueled by the victory of crypto-friendly candidate Donal Trump in the US presidential election.
Shanghai court confirms legal recognition of crypto ownership
A Shanghai court has confirmed that owning digital assets, including Bitcoin, is legal under Chinese law. Judge Sun Jie of the Shanghai Songjiang People’s Court shared this opinion through the WeChat account of the Shanghai High People’s Court.
BTC hits an all-time high above $97,850, inches away from the $100K mark
Bitcoin hit a new all-time high of $97,852 on Thursday, and the technical outlook suggests a possible continuation of the rally to $100,000. BTC futures have surged past the $100,000 price mark on Deribit, and Lookonchain data shows whales are accumulating.
Shiba Inu holders withdraw 1.67 trillion SHIB tokens from exchange
Shiba Inu trades slightly higher, around $0.000024, on Thursday after declining more than 5% the previous week. SHIB’s on-chain metrics project a bullish outlook as holders accumulate recent dips, and dormant wallets are on the move, all pointing to a recovery in the cards.
Bitcoin: New high of $100K or correction to $78K?
Bitcoin surged to a new all-time high of $93,265 in the first half of the week, followed by a slight decline in the latter half. Reports highlight that Bitcoin’s current level is still not overvalued and could target levels above $100,000 in the coming weeks.
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