Author: Anthony M. Orbison

Bitcoin (BTC) bulls are trying to make a comeback by maintaining the price above the 200-day simple moving average ($84,899) over the weekend. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to close above $85,000 this week to signal strength and “prevent a drop to $76,000.” Lee added that a close above $87,000 would give a clearer bullish confirmation.Tariff wars have rocked both traditional markets and the cryptocurrency markets in the past few days. Nansen research analyst Nicolai Sondergaard believes the markets may remain under pressure until April 2. While speaking on Cointelegraph’s Chainreaction daily X show,…

A popular crypto strategist believes that memecoins will have their day under the sun after getting crushed over the last few months. Pseudonymous trader Altcoin Sherpa tells his 244,300 followers on the social media platform X that he expects meme tokens to eventually take center stage, highlighting that the crypto sector relies on trader attention. But while the analyst believes that memecoins will make a comeback, he says those that have been around longer than others will likely lead the surge. One asset on his radar is the Solana (SOL)-based token Bonk (BONK). “Most memes got smashed overall but I…

The crypto market shows signs of recovery with Ethereum climbing back above the $2,000 level, while several altcoins including Wormhole (W), DIONE, and Magnetix (MAG) post double-digit gains in the past 24 hours. Wormhole (W) has jumped 41.7% in the last 24 hours, trading at $0.1218 from a low of $0.08551. The token’s momentum extends beyond the daily timeframe, with nearly 40% growth over the past week. Source: CoinGecko One commentator on X noted that Wormhole has established itself as one of the most active interoperability networks, processing approximately 200,000 messages and $40 million in daily volume. The platform currently…

The cryptocurrency industry has been witnessing several changes in terms of price over the past couple of days. The latest bearish waves have caused chaos in the market. The Ethereum (ETH) market, in particular, has dropped by 30% throughout the past 30 days. This further prompted firms like Standard Chartered to revise its 2025 year-end price target from $10,000 down to $4,000. While this is a major cause for concern, ETH investors are hoping to witness some gains before the end of March.Also Read: Shiba Inu Price Surge Could Be Imminent as Exchange Reserve Hits All-Time LowHas Ethereum Kickstarted Its…

Canary Capital has filed an S-1 form with the Securities and Exchange Commission (SEC) to launch a crypto exchange-traded fund (ETF) that provides exposure to the PENGU token and the Pudgy Penguins non-fungible token (NFT) collection. This marks the first crypto-related ETF offering connected to an NFT collection.According to the filing, the fund will invest in a portfolio consisting of PENGU tokens and NFTs from the Pudgy Penguins collection. Additionally, the fund will hold Solana (SOL) and Ethereum (ETH), which the filing describes as “necessary or incidental to the purchase, sale, and transfer of the Trust’s PENGU and Pudgy Penguins NFTs.” PENGU,…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Solana’s price action is being shaped by investor behavior at key price levels, as revealed by new on-chain data from Glassnode. Large clusters of traders have formed at both ends of the current trading range, which are now playing…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin continues to trade within a tight range, consolidating below the $85,000 mark and holding above the $81,000 support zone. Bulls are making efforts to reclaim higher levels and spark a recovery rally, but persistent macroeconomic uncertainty and growing…

The Bitcoin (BTC) mining hashprice — a miner’s daily revenue per unit of hashing power expended to mine blocks — has remained constant at around $48 per petahash per second (PH/s), despite a slight 1.4% uptick in Bitcoin difficulty.Data from CoinWarz shows that the Bitcoin difficulty climbed to 113.76 trillion at block 889,081 on March 23, up from the 112.1 trillion difficulty in the previous epoch.According to TheMinerMag, a hashprice below $50 places financial stress on miners running older hardware such as the Antminer S19 XP and S19 Pro.The older hardware coupled with declining network transaction fees risks pushing some…

Bitcoin (BTC) bulls are trying to make a comeback by maintaining the price above the 200-day simple moving average ($84,899) over the weekend. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to close above $85,000 this week to signal strength and “prevent a drop to $76,000.” Lee added that a close above $87,000 would give a clearer bullish confirmation.Tariff wars have rocked both traditional markets and the cryptocurrency markets in the past few days. Nansen research analyst Nicolai Sondergaard believes the markets may remain under pressure until April 2. While speaking on Cointelegraph’s Chainreaction daily X show,…

Bitcoin (BTC) circled $85,000 into the March 23 weekly close as excitement over a key trend change brewed.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin price meets decisive RSI setupData from Cointelegraph Markets Pro and TradingView showed BTC/USD finding strength during weekend trading.Up 1.5% on the day, Bitcoin edged higher as part of a broad crypto market uptick, which also lifted various major altcoins.“I think this next week will be telling where the market wants to head for the next higher timeframe move,” popular trader Daan Crypto Trades wrote in part of his latest X analysis, noting the closing position of CME Group’s…