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Peter Schiff said Bitcoin is approaching “bear market territory” when priced in gold, a claim that provoked a ferocious response from crypto supporters on X. “Priced in gold, since hitting a high of about 37.2 ounces on Aug. 12, Bitcoin is down 18%, just 2% above official bear market territory,” Schiff wrote on X, highlighting gold’s recent record-breaking surge above $3,600 per ounce. Schiff, a legendary investor with more than 1.1 million followers on X, added that when looking at Bitcoin priced in gold, the leading crypto is “currently almost 16% below its Nov. 2021 high.” “How do you square this dismal performance with all the hype?” he asked crypto investors X Users Remind Schiff That He Said Bitcoin Would Be Expensive At $750 They quickly hit back. “If I look at a 5-year chart, gold is up around 85%,” said Rich Eddy (@richeddy). “Bitcoin is up 975% in that same time period. What is this ‘dismal per...

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Summary ⚈ Bitcoin network activity has hit a six-month high with over 925,000 active addresses, indicating rising investor interest ⚈ Price is consolidating around $95,000 with potential breakout toward $100,000 ⚈ Market remains bullish with strong technicals and sentiment, though RSI signals slightly overbought conditions Bitcoin’s (BTC) network activity has reached a six-month high, a trend likely to support the asset’s ongoing push toward a six-figure valuation. Specifically, Bitcoin recorded 925,914 unique active addresses within 24 hours as of May 3, according to on-chain data shared by cryptocurrency analytics platform Glassnode. The data indicates that BTC price has steadily climbed from mid-April lows, closely tracking the rise in network participation. Bitcoin number of active addresses chart. Source: Glassnode Notably, the surging activity reflects heightened investor engagement and speculation that Bitcoin may be gearing up for a sig...

The Solana price prediction is experiencing significant volatility, driven by market sentiment and fundamental concerns. Solana Prediction Data: Solana price now – $177.80 Solana market cap – $86.77 billion Solana circulating supply – 488.61 million Solana total supply – 594.53 million Solana Coinmarketcap ranking – #6 Getting in early on Solana (SOL) would have been highly rewarding, as its price has surged 33,406.9% from its all-time low of $0.5052 in May 2020. Despite currently trading between $168.41 and $180.43, SOL hit an all-time high of $294.33 just last month but is now 42.49% below that peak. This price history highlights the potential gains of early crypto investments and Solana’s long-term growth despite market fluctuations. SOL/USD Market Key Levels: Resistance levels: $225, $235, $245 Support levels: $130, $120, $110 SOLUSD – Daily Chart The Solana (SOL/USD) daily chart shows a downtrend channel, with the price c...

A closely followed analyst believes that digital assets still have more room to run to the upside despite calls that crypto may be in the midst of carving a cycle top. Pseudonymous trader Altcoin Sherpa tells his 240,200 followers on the social media platform X that digital assets can still spark more rallies driven by the “best macro environment in years” along with a pro-crypto US government. He also highlights that Bitcoin is one strong candle away from printing a new all-time high just as nations and US states consider the possibility of establishing a strategic BTC reserve. From a technical Analysis perspective, Altcoin Sherpa says Bitcoin has been consolidating above $90,000 for months and is just beginning to flash signs of expansion. Meanwhile, he adds that altcoins, especially the old ones, have been witnessing time-based capitulation for years, suggesting they are likely to spark at least one run before the cycle is over. The analyst also n...

The cryptocurrency market is gaining attention as recent developments suggest potential growth. A mix of political changes, such as the swearing-in of Donald Trump to office and financial advancements, like the rise of cryptocurrency-focused exchange-traded funds (ETFs), has sparked interest.  Investors are paying close attention to assets like XRP, SOL, and LTC. At the same time, the approval of ETFs reflects a growing recognition of cryptocurrencies as financial assets. These changes might encourage adoption while addressing concerns about legitimacy and security. This article analyzes the top cryptocurrencies to buy now . Top Cryptocurrencies to Buy Now  Litecoin recently broke through significant resistance levels, climbing to $118.35, drawing increased interest from traders and investors. Similarly, XRP has reached a notable milestone, hitting its highest price in seven years. The token’s value surpassed $3, signaling a potential upward trend and boosting market...

Digital assets are witnessing a green December, with the cryptocurrency market capitalization surging 7.2% to reach $3.49 trillion. This record metric reflects a continuation of the market rally following Donald Trump’s victory in the concluded US polls. Experts believe Trump’s pro-crypto stance will drive the adoption and introduction of favorable regulatory changes. Meanwhile, altcoins are beginning to break out and could revisit or surpass their previous all-time highs, according to TradingView data. Analysts believe the current market outlook will continue fueling altcoin growth, with investors looking to capitalize on the sustained growth. Altcoins like Toncoin and BNB are already riding this wave, showcasing metrics worthy of consideration among the best altcoins to watch today. 6 Best Altcoins To Watch Today  BNB recently hit new ATHs following months of resistance. Meanwhile, Curve Finance has generated annualized revenues of approximately $37 million in the ...

Bitcoin’s price is showing an upward trend as the market enters a bull cycle. Analysts have predicted a potential price target of $180,000 per BTC token. Political and legal developments, including the U.S. presidential election, could be contributing to renewed investor interest and influencing market dynamics. Meanwhile, Bitcoin’s dominance within the cryptocurrency market has risen to 59%, a level not seen since March 2021. This increase reflects its growing role in the market, driven by clearer regulations and strong demand from investors. While Bitcoin’s dominance highlights its central position, there is also anticipation of growth in decentralized finance (DeFi) and altcoins. As such, investors are looking for the best cryptocurrencies to invest in right now to participate in the anticipated bull run. Best Cryptocurrencies to Invest in Right Now Flockerz successfully raised $3.1 million during its presale, signaling strong initial interest in the project. At...