Bitcoin price prediction as U.S. Government Shutdown risk shakes markets
Bitcoin price held steady on Saturday, reaching a high of $70,000 for the first time in days, even as a partial government shutdown started in the United States. Summary Bitcoin price rose to $70,000 as the recent recovery continued. The US government experienced a new partial shutdown. Technical analysis suggests that Bitcoin price may rebound….
Here’s why XRP price is rising today (Feb. 14)
XRP price jumped by over 4% today, February 14, reaching its highest level in over a week. It has now rebounded by over 30% from the year-to-date low of $1.1145. Summary XRP price has rebounded by over 30% from its lowest level this year. The rally coincided with the performance of other crypto prices. It…
Bitcoin set for monetary slingshot rebound
ProCap Financial chairman Anthony Pompliano predicted Bitcoin will benefit from a “monetary slingshot” as the Federal Reserve prints money to combat deflation. Summary Pompliano sees Bitcoin gaining after deflation triggers money printing. BTC drop to $70K tests long-term debasement thesis for holders. Gold leads now, but Bitcoin may win in post-deflation phase. Speaking on FOX…
Meme Coins Rebound as Santiment Signals Capitulation
Meme coin market capitalization reached $34.5 billion with a 3.5% gain over 24 hours, according to CoinGecko data. Summary Meme coin market cap climbs to $34.5B with modest gains. Santiment calls “meme era dead” sentiment a capitulation sign. DOGE leads sector while Pump.fun posts strongest rebound. Trading volume hit $2.89 billion as major tokens posted…
Bitcoin layer 2s keep failing because they’re not real L2s
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Over the past two years, the Bitcoin (BTC) ecosystem has witnessed a proliferation of “layer 2s” that have claimed to bring decentralized finance to the world’s oldest blockchain network. Despite the high…
Ethereum ETFs Turn Positive as ETH Reclaims $2K
Ethereum spot ETFs recorded $10.26 million in net inflows on February 13, breaking a two-day outflow streak that saw $242.28 million in redemptions. Summary Ethereum ETFs added $10M as ETH price reclaimed $2,000. Bitcoin ETFs saw modest $15M inflows after prior outflows. Weekly ETH ETF flows remain negative despite rebound. Grayscale’s mini ETH trust led…
Altcoins won’t recover previous highs: analyst
Cryptocurrency markets have undergone structural changes that may prevent most alternative digital assets from reaching their previous all-time highs. Summary Most altcoins are unlikely to reach previous all-time highs due to liquidity issues and capital being concentrated in large-cap assets. The current market may be undergoing a mid-cycle reset, with most of the price decline…
Can Bitcoin bounce back? Perhaps the peak is behind us
BlockTower founder Ari Paul believes the crypto markets are at a critical crossroads, facing two potential outcomes. Summary The market may have already reached its peak, with slow real-world adoption and mixed results from initiatives like El Salvador’s Bitcoin experiment. Despite the downturn, Bitcoin and crypto remain attractive to speculative investors, with growing development and…
Shiba Inu Coin price at risk as funding rate, futures open interest dives
Shiba Inu Coin price has crashed into a bear market, moving from a high of $0.00004565 in March 2024 to the current $0.0000060, and activity in the futures market points to more downside. Summary Shiba Inu Coin price has dived, with its market cap falling from $41 billion to $3.7 billion. The futures open interest…
Why Chainlink price could rally to $10 as oversold RSI signals a bounce
Chainlink’s price is stabilizing at key Fibonacci support, with oversold RSI readings and improving momentum pointing toward a potential relief rally into the $10 resistance zone. Summary $8.33 Fibonacci support is holding, confirming a short-term swing low RSI remains oversold, signaling selling pressure exhaustion Bullish momentum building, with $10 as the next key resistance Chainlink…
