Bitcoin Price to Rocket Past $500 by End of December?
Key Highlights. Bitcoin's price is forming an interesting bullish structure, which is pointing towards more gains in the near term. There is a support trend line formed on the 4-hour chart (data feed from HitBTC), which may act as a catalyst for an upside move. A short-term breakout pattern (triangle) is forming on the hourly chart (data feed from Bitstamp). Bitcoin's price looks set for an upside move, maybe above $500 if buyers remain in control, and if the price stays above a support trend line on H4. Buy Dips? Bitcoin's price-after trading towards $300-started a new bullish trend, and....
Related News
JOE price made an impressive comeback after the rollout of the Rocket Joe liquidity launch program lured new projects and token listings to the DeFi platform. The market appears to be finding its feet and as the smoke clears, its easier to see which projects are fundamentally flawed and which are returning to their previous trading range where they were before the recent three-week downturn.Trader Joe is one of the decentralized finance (DeFi) protocols that continued to push out new developments during the market-wide correction.. Data from Cointelegraph Markets Pro and TradingView shows....
September was a very bullish month for Dogecoin, as several positive announcements restored investor faith in the coin and increased the Dogecoin price. Dogecoin even reclaimed a top-five market cap ranking. However, during the month of October the Dogecoin price has declined considerably. Perhaps the rocket ship to the moon has run out of fuel. Also Read: Dogecoin Creator Responds to Moolah Bankruptcy with Additional Concerns. Dogecoin Price Rocket-Ship Runs Out of Fuel. It takes a lot of fuel to send a rocket-ship to the moon-especially when the ship has more than 87,000 passengers....
“In the staking market, there was significant latent demand for a decentralized option — it just needed our launch to spark an inferno,” said Rocket Pool general manager Darren Langley. Rocket Pool, a decentralized Ethereum 2.0 staking platform has surpassed $350 million worth of total value locked (TVL) within five weeks of its official launch. The project aims to remove the barriers to entry for Eth2 stakers and node operators. It allows any user to run a node for 16 ETH ($59,000), which is half of the 32 ETH ($119,000) required in the Eth2 deposit contract. Users with as little as 0.01....
Bitcoin could rocket even higher in the near to medium term. One analyst believes that $16,000 is in sight after BTC managed to flip $10,000 into support. The analyst who made this assertion is the same one that predicted BTC would undergo a V-shaped reversal to $10,000 by May or June. Bitcoin Could Soon Rocket Towards $16,000, Analyst Predicts Bitcoin could rocket even higher in the near to medium term, analysts argue after the coin […]
Staking provider Lido was also found to be vulnerable to the bug that has delayed the launch of the Eth2 staking service Rocket Pool. Eth2 staking provider Rocket Pool has postponed its launch after a possible exploit was identified in the protocol’s code.On Oct. 6, Rocket Pool announced the postponement while the team implements a fix for the bug. Rocket Pool tweeted that “relatively minimal” changes are required to patch the vulnerability and that a new launch date will be announced soon.1/ Yesterday our bug bounty program helped discover an exploit that also affected other staking....