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The non-fungible token market has witnessed a significant surge in activity today, marked by a surge in trading sales volume. In the past 24 hours, the NFT market has raised a trading sales volume of $31 million, up by 89% from the previous day. The global NFT market surge appeared amid the crypto market rally, which has left the flagship crypto reaching a new all-time high (ATH) of $122,000. Bitcoin Pumps +400% In Daily NFT Sales Volume Data compiled by cryptoslam.io, one of the leading on-chain crypto market data aggregators and a non-fungible token explorer, shows that the non-fungible token market has surged in trading sales volume today. In the past 24 hours, the NFT market has amassed a trading sales volume of $31 million. During this time, the global NFT market has surged by 89% from the previous day. Bitcoin, the popular blockchain network renowned in the non-fungible token market for hosting Ordinals, BRC-20 and Runes collections, is today’s most-traded NFT blockc...

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Bulls remain in control of the broader cryptocurrency market as investors’ optimism remains pegged on crypto-friendly policy measures, heightened adoption of these digital assets, and central banks’ strategic reserves. Even so, crypto majors have largely stalled in the absence of an immediate catalyst.  Amid the pullback, meme coins and particularly AI projects have shown immense growth and indismissible opportunities. iDEGEN , a unique social experiment is one such project. Even before hitting the public shelves, it has the potential to give the likes of Fartcoin and AI16z a run for their money.  Bitcoin’s under pressure from bets on fewer rate cuts Bitcoin price rebounded on Tuesday after testing the crucial support zone of $90,000 in the previous session. As at the time of writing, the top crypto was at $96,485 as it finds support along the 50-day EMA while hovering around the short-term 20-day EMA.  While the bulls are stil...

The Bitcoin price has soared 4.5% in the last 24 hours to trade at  $97,535 as of 3:30 a.m. EST on an 18% pump in trading volume to $105 billion. This surge in price comes as President-elect Trump considers Teresa Goody Guillén, a blockchain expert and seasoned securities lawyer, for the role of SEC Chair. BREAKING: 🇺🇸 Trump considering Crypto lawyer Teresa Goody Guillén to replace Gary Gensler as SEC Chair – Coin Desk pic.twitter.com/UBturdoo4M — Radar🚨 (@RadarHits) November 19, 2024 Goody Guillén enters a competitive shortlist to replace current SEC Chair Gary Gensler, who recently began referring to his job in the past tense and is expected to step down before Trump’s inauguration on January 20. Her potential appointment signals a shift toward pro-crypto policies and lighter regulations, sparking optimism in the crypto market. Bitcoin Price Rallies Along A parabolic Curve Bitcoin’s journey to $97,576 ...

The Bitcoin price climbed 1% in the last 24 hours to trade at $76,557 as of 9:09 p.m. EST, despite trading volume dropping 14% to $51.65 billion. The Donald Trump election victory continued to pump markets over the past 24 hours, with Bitcoin clocking another all-time high at $77,252, according to CoinMarketCap. Bitcoin Price Set For A Continued Rally The Bitcoin price, according to the BTC/USD chart Analysis on the 4-hour chart, shows a clear “cup and handle” formation (highlighted in yellow). This is a bullish continuation pattern, which generally suggests a potential upward breakout if confirmed. According to GeckoTerminal data, a sustained breakout above the resistance level of around $76,500 could lead to a significant price rally. BTC price now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), further supporting the generally bullish outlook of the price. The Relative Strength Index (RSI) is currently at 65.26. Although it’s in the ...

After Bitcoin (BTC) claimed its all-time high of above $73,000 in early 2024, most investors have set their target on the $100,000 mark as the next record valuation for the maiden cryptocurrency. Now, a trading expert has come forward, offering a blueprint to push Bitcoin toward this milestone. In particular, the expert, Peter DiCarlo, noted that Bitcoin looks solid to reach $100,000 but needs to breach the $68,000 resistance level to confirm the path to a new record high, he said in an X post on September 28. Bitcoin price analysis chart. Source: TradingView/Peter DiCarlo DiCarlo observed that Bitcoin is currently in a bull flag formation, a classic indicator of bullish momentum, but warned that this pattern has “faked a lot of traders out” in recent months. Picks for you Expert explains how he turned $40,000 into $10 milli...

With Bitcoin (BTC) experiencing a price rally partly triggered by the Federal Reserve’s interest rate cut, a cryptocurrency analyst is warning that the momentum might be short-lived.  In this case, Bitcoin is approaching key price levels, as market momentum could shift triggered by technical factors and upcoming economic events, RLinda observed in a T radingView post on September 21.  While highlighting how this momentum might stall, the trading expert raised concerns about the “conglomeration of strong resistances” between the $64,000 and $65,000 price range, which could create a roadblock. The Analysis highlighted that this zone, which has yet to be fully tested, could halt Bitcoin’s advance.  Picks for you OpenAI o1 builds ideal crypto portfolio for the 2024 bull run 11 mi...

Financial educator and author Robert Kiyosaki has doubled down on his support for Bitcoin (BTC), this time offering insights into why the maiden cryptocurrency will likely see a price explosion.  Kiyosaki, the author of the best-selling personal finance book Rich Dad Poor Dad , noted that Bitcoin, as well as precious metals such as gold and silver, will likely rally due to the upcoming Federal Reserve monetary policy, he said in an X post on September 15 The investor argued that when the Fed eventually cuts interest rates, the flow of money will shift from what he termed as “fake assets” like U.S. bonds to “real assets” such as gold, silver, real estate, and Bitcoin. In his view, investors holding the assets will likely get richer.  Picks for you Here’s Bitcoin’s trading plan for this week; Interest rate cut incoming ...

As Bitcoin (BTC) consolidates below $60,000, a cryptocurrency trading expert has pointed out that the digital asset still has the potential to reach the coveted $100,000 valuation in the near term.  This projection is based on Bitcoin’s adherence to structural patterns similar to past cycles, which it has followed with remarkable precision. Notably, the analyst TradingShot , in a TradingView post on September 2, noted that the asset could reach new highs based on technical analysts and exterior catalysts.  One of the most critical aspects of the Analysis is the one-week moving average (MA50), which has served as a strong support level during key moments in previous Bitcoin cycles. Notably, cryptocurrency’s price recently tested this level in early August and successfully held above it, aligning with historical patterns seen just before the asset entered a parabolic rally. Picks for you ...

The Bitcoin price rose by a fraction of a percentage in the last 24 hours to trade at $58,346 as of 03:36 a.m. EST on trading volume that surged 5% to $34 billion. This comes as around 24,300 Bitcoin options contracts expire today, with a notional value of around $1.4 billion. Will Bitcoin fall after the options expire, having stalled around $58K in the last two days? Bitcoin Price Could Rebound The Bitcoin price movements in July formed a rounding top pattern as the bears took control of the price and drove it to the $49,000 support. However, in August, the price of Bitcoin invalidated the bearish sentiments of the pattern, soaring to the $63,000 resistance, according to data from GeckoTerminal. BTC has since been trading within a falling channel pattern, but the price bulls aim for a price rebound over the channel. The price of Bitcoin still trades below both the 50-day and 200-day Simple Moving Averages (SMAs), supporting the bearish movements from its resistance level. More...

The sharp rebound in Bitcoin and select altcoins suggests that bulls remain in charge and continue to buy at lower levels. Traders hate uncertainty; hence, the settlement between Binance, Changpeng “CZ” Zhao and the United States Department of Justice is likely to be viewed as a positive for the cryptocurrency space. Analysts largely remained positive on the deal, but a few sounded cautious due to the Securities and Exchange Commission’s pending lawsuit against Binance. Bitcoin (BTC) and several major altcoins fell sharply on Nov. 21 following the Binance news but are finding support at lower levels. This suggests that traders stepped in after the initial knee-jerk reaction, and are buying at lower levels. After the initial bounce, the bulls are likely to head into stiff opposition from the bears. Daily cryptocurrency market performance. Source: Coin360 Buying on dips and selling on rallies results in a range-bound action as both the bulls and the bears battle it out for supremacy. Ge...