{ }
Bitcoin has reached a new all-time high against gold, with the BTC-to-gold ratio hitting 32.19 ounces per BTC, indicating its growing dominance as a store of value. Veteran trader Peter Brandt suggests a potential target of 89 ounces per BTC, aligning with forecasts that Bitcoin could replace gold as the preferred safe-haven asset within the next decade. Speculation around a U.S. strategic Bitcoin reserve under President-elect Donald Trump could further drive BTC's price, which currently stands at $106,909.
Ethereum is nearing the critical $4,000 resistance level, with whale accumulation suggesting growing confidence among major holders. While this trend historically precedes significant price moves, concerns about a potential bull trap linger, as large investors may pivot quickly if market conditions change. Maintaining support above $3,800 is crucial for sustaining upward momentum and potentially reaching new highs.
Ethereum is nearing the critical $4,000 resistance level, with significant whale accumulation suggesting potential for a breakout. However, concerns about a possible bull trap linger, as large holders may offload their assets if market conditions shift. Sustaining above $3,800 is crucial for maintaining upward momentum.
Toncoin (TON) is showing signs of recovery, trading around $6.41 after a recent dip, with a target of $7.55 if it breaks upward. Sui (SUI) is nearing a $5 breakout, supported by rising trading volume and strong demand, while Polkadot (DOT) must defend the $8.60 level to maintain its bullish momentum after a 107.5% surge.
Chainlink (LINK) surged 25% in a week and nearly 100% in a month, with analysts predicting a potential rally to $60 by 2025. Key resistance levels are at $32 and $35, with targets of $47 and $53. While one analyst forecasts a new all-time high of $63.08 by February 2025, the consensus suggests LINK may not reach $60 until then.
Investors have withdrawn nearly $4 billion worth of Bitcoin from exchanges in the past week, with 40,000 BTC taken out recently, according to analyst Ali Martinez. Despite significant selling by miners, who have offloaded over 140,000 BTC this month, Bitcoin has reached a new all-time high of $105,331. Meanwhile, Ethereum shows positive on-chain metrics, with active addresses up 4.24% and new addresses increasing by 2.65%.
Cryptocurrency investment products have surpassed $44.5 billion in assets, with over $3.2 billion in inflows this past week alone, marking ten consecutive weeks of growth. Bitcoin led with $2 billion, while Ethereum and XRP attracted $1.089 billion and $145.8 million, respectively. XRP's price surged over 110% in the last month, prompting significant accumulation by large holders, as smaller investors sold off their holdings.
Dogecoin's price rose by 2% in the last 24 hours, trading between $0.39 and $0.41, following the movement of 5.8 billion previously idle tokens. This increase comes after a week of decline, as investors show growing speculative activity and holding behavior, with net exchange flows indicating reduced selling pressure. The Relative Strength Index suggests a potential upward momentum, signaling possible buying interest in the coming days.
Meme coins are experiencing volatility amid a 2.7% inflation increase, affecting trading sentiment. Shiba Inu's price is buoyed by rising burn rates, targeting $0.0001, while PEPE benefits from whale accumulation, eyeing resistance at $0.000030. Dogecoin, despite whale optimism, faces bearish signals due to broader market pressures.
Solana (SOL) has seen a significant shift in its long-term holder base, with old investors liquidating positions and new optimistic holders emerging. Despite a recent price decline to $214, analysts predict a potential bull run, although concerns about an upcoming token unlock event could lead to further corrections. While one analyst forecasts a surge to $4,000, another warns of bearish patterns unless SOL maintains levels above $215.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.