Crypto analyst Matthew Hyland suggests altcoins will be “ripping” much more when Bitcoin Dominance drops to 45%.
Bitcoin’s parabolic rally could last until Christmas with a cycle top near $300,000, according to one analyst.
BlackRock’s Bitcoin and Ether funds were the biggest beneficiaries of Thursday’s net inflows.
Tasmanian police said they found victims were being directed to crypto ATMs by scammers after regular financial institutions flagged the transactions.
Approximately 232,149 traders have been liquidated over the past 24 hours as the crypto market rallied to new highs.
Lucas Moskowitz, Robinhood’s general counsel, told Cointelegraph that the platform’s “disclosures are best-in-class,” and “customers can trade crypto at the lowest cost on average”.
SUI broke out of an inverse head-and-shoulders pattern, opening the door for a rally to $3.89.
Ignoring the reduced customer acquisition costs made possible by AI places businesses at a significant disadvantage, O’Leary said.
Bitcoin’s market structure and the recent rally to new highs suggest an accelerated phase of price discovery has just begun.
Soaring capital inflows and an uptick in Bitcoin wallets identified as “accumulators” suggest BTC price is on a path to $130,900.