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Cryptocurrency experts have lowered their predictions for Ethereum (ETH), over the next few years , according to a new survey from Finder. The survey asked 31 industry specialists for their ether price forecasts for the end of 2023, 2025 and 2030. The average predictions were down compared to a previous Finder survey conducted in July 2022. The panel predicted Ether will be worth $1,840 on average by the end of 2023, down from a prediction of $2,451 in July. The 2025 forecast fell to $5,824 from $5,845 previously, and the 2030 prediction declined to $14,411 versus $16,414 in the earlier survey. Finder calculates the average forecasts by removing the top and bottom 10% of responses and taking the mean of the rest, a technique known as the truncated mean. This is designed to eliminate outliers and arrive at a more consistent consensus. You might also like: Investor optimism fuels meme coins growth: predictions and market analysis While still bullish long term, some panelis...

Bitcoin (BTC) could rally to a high of $125k in late 2024 amid institutional adoption, Matrixport said in report. The crypto services provider’s Bitcoin price prediction comes amid BTC’s surge to $35k. Spot Bitcoin ETF approval could be one of the catalysts of the bull market. Bitcoin’s jump to above $35,000 this week came amid the crypto market’s latest spot Bitcoin ETF anticipation. This has the flagship cryptocurrecy looking at potentially printing the first consecutive weekly green candle since late July/early August when it went on to hit lows of $24,900 in September. BTC has notably retreated from the $35k level and is battling to strengthen above $33.5k as of Friday afternoon, October 27. What could drive Bitcoin price to $125k? While some analysts say the crypto could look to retest key support levels, crypto services platform Matrixport says in a new Bitcoin price prediction that the benchmark cryptocurrency could soar to $...

A highly expected approval of spot Bitcoin ETFs has dominated the cryptocurrency market narrative in the last months. Investors speculate whether this event could increase the demand for Bitcoin (BTC), positively affecting its price. Particularly, BTC price surged following two different rumors starting on two consecutive Mondays on October 16 and October 23. The first rumor started after unverified “breaking news” of BlackRock’s ETF approval that proved to be false. The second happened with another supposed “breaking news” of the ticker of BlackRock’s Bitcoin ETF being added to DTCC’s list — which was later revealed to be there since August 2023. Understandably, skepticism and controversy have grown in the crypto community after these “buy the rumor, sell the news” consecutive events regarding the financial giant BTC-based product approval. Cryptocurrency Bitcoin flips Tesla's market capitalization amid strong BTC price rally Cryptocurrency ...

LOOM witnessed a remarkable 930% surge in the last month. However, an unexpected 65% price decline has taken place, surprising investors. BIGTIME enjoyed a 250% price increase after gaining support from major trading firms. Yet its value has recently experienced fluctuations. NuggetRush is emerging as a promising investment alternative. The crypto world is buzzing with two digital asset trends: Big Time (BIGTIME) and Loom Network (LOOM).  While each of these tokens signifies something different, investors and enthusiasts are paying close attention to their fluctuating price s. LOOM and BIGTIME appear poised to make technical gains, but their recent price increases suggest a slight pullback as their price s begin to fall. Big Time & Loom’s appeal lies in their promising features and technology concepts, which initially attracted investors.  With recent changes to their pricing, another crypto project, NuggetRush (NUGX), has stepped...

Bitcoin looks ready to start a relief rally and this could trigger interest in MKR, AAVE, RUNE and RNDR. After forming successive Doji candlestick patterns on the weekly chart for the past three weeks, Bitcoin (BTC) is on target to end the week on a positive note. This is an early sign that the uncertainty between the bulls and the bears is resolving to the upside. Although the recovery is still in its early stages, the Federal Open Market Committee meeting on Sep. 20 could boost volatility. The majority of the market participants expect the Federal Reserve to maintain a status quo on rates but surprises could arise during Fed Chair Jerome Powell’s press conference following the rate decision. Crypto market data daily view. Source: Coin360 Bitcoin’s recovery from the strong support near $24,800 has ignited buying interest in select altcoins, which are providing trading opportunities. For these altcoins to continue their upward trajectory, Bitcoin needs to maintain above $26,500. Coul...

Although a large part of the cryptocurrency market is starting to reverse the losses from the recent slump, while others are resuming their sideways trend, Solana (SOL) is not one of them, and the prognosis for the end of the month does not look much better either. As it happens, the machine algorithms employed by the cryptocurrency forecast platform PricePredictions have set the price of Solana at $17.57 for September 30, 2023, according to the latest information retrieved by Finbold on September 13. Solana 30-day price forecast. Source: PricePredictions In other words, if the projections made by the platform, which relies on indicators such as the Bollinger Bands (BB), moving average convergence divergence (MACD), relative strength indicator (RSI), and others, are correct, Solana will decline 3.34% from its price at press time. Solana price analysis Indeed, the price of Solana presently stands at $18.177, having declined 0.8% in the last 24 hours, losing 7.98% across the pr...

BTC price peers over the cliff at $25,000. Should investors look for shelter or perceive an opportunity? Bitcoin stands at the edge of a bearish breakdown, with a small possibility that the $25,000 support level could hold. On Sept. 11, Bitcoin (BTC) broke from its parallel range between $25,500 and $26,500, falling to an intraday low at $24,950. A daily close below $24,750 threatens a drop to the sub-$20,000 range, but there's a slight chance that the bullish momentum could revive. According to pseudonymous trader Horse, Bitcoin at $25,000 presents a short-term buying opportunity as it's the “best area to trap sellers” and “arguably the best place for long contextual” risk to reward ratio. I feel like the chances that the market smokes this level after the first major test is slim. Seems like the best area to trap sellers, and arguably the best place for long contextual R:R I'll catch a falling knife. pic.twitter.com/eFNMzBCPJW — HORSE (@TheFlowHorse) September 11, 2023 ...

The Bitcoin (BTC) price has been consolidating between $29,000 and $29,600 over the past day. The amount of BTC outside exchanges has reached a new all-time high (ATH). According to data from Santiment, Bitcoin supply on self-custodial wallets has reached 18.39 BTC, marking a new ATH. Per the market intelligence platform, this amount has been constantly rising since December 2018 with a few declines in October 2019 and February 2021. BTC price, weekly volatility and supply outside exchanges – Aug. 3 | Source: Santiment However, Bitcoin is down by 1.3% in the past 24 hours and trading at around $29,030 when writing. The asset’s 24-hour trading volume is also down by 24%, currently at $15.5 billion, with a total market capitalization of over $564 billion. You might also like: Bitcoin briefly touches $30k amid whale transactions Moreover, the one-week price volatility of Bitcoin has been consistently rising since August 1, suggesting a spike in short-term traders. Pe...

MKR looks primed to continue the rally given its recent buyback mechanism and two other key metrics that impact Maker’s price. Maker has gained 53.5% over the past month, and the cryptocurrency witnessed a remarkable 28.1% surge between July 15 and July 22, achieving its highest daily close in nearly a year. While the gains are impressive, the real question is: Can the cryptocurrency sustain its current trajectory, or were short-term factors behind the price pump? Average Maker (MKR) price at Coinbase, Binance and Bybit. Source: TradingView MakerDAO, the decentralized autonomous organization (DAO) responsible for the Dai (DAI) stablecoin and the governance token Maker (MKR), unveiled a five-phase roadmap in mid-May. Dubbed “Endgame," the upgrade plan includes a new blockchain, a rebrand and the introduction of two tokens featuring updated functionalities. Rune Christensen, co-founder of MarkerDAO, revealed that the primary component of “Endgame” entails developing incentive prog...

The U.S. dollar index (DXY) is gaining ground more rapidly than Bitcoin after fresh economic data surprises from Washington. Bitcoin (BTC) hit its highest in almost a week on Feb. 15 as "extremely positive" economic data boosted risk asset sentiment. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price aims for $23,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 2.2% on the day to eye a reclaim of $23,000. Analysts were already predicting volatility, with the latest economic numbers from the United States delivering a pleasant surprise. Retail sales and the Empire State Manufacturing Index both surpassed market expectations, showing a more resilient economy despite restrictive policy at the Federal Reserve. "Extremely positive numbers. Core Retail Sales and Retail Sales both smash expectations, while also Manufacturing Index more positive than expected," Cointelegraph contributor Michaël van de Poppe, founder and CEO ...

The increased demand for EVs prompted Tesla to increase its prices throughout last year. However, in a new turn of events, the automaker has currently introduced major reductions in the price of certain models. JUST IN: Tesla $TSLA reduces price s in the United States and Canada by up to 23% for some model s. — Watcher.Guru (@WatcherGuru) January 13, 2023 This decrease in price is limited to Model 3 and Model 7 Tesla vehicles in the United States. According to reports, Model 3 RWD is seeing a 6.4 percent drop from $46,990 to $43,990. The Model 3 Performance vehicle is currently price d at $53,990. This model was previously valued at $62,990, noting a 14.2 percent drop. Shifting the focus to Model Y vehicles, the Model Y Long Range is now $52,990 following a 20 percent drop from $65,990. The Model Y Performance recorded the highest plunge in price from $69,990 to $56,990, i.e an 18.6 percent dip. It should be noted that Tesla slashed the price of its vehicles in Chin...

SOL price has been unable to close above a key resistance level of around $17.50 despite its big rebound in the past two weeks. Solana (SOL) price is up an impressive 60% since the new year, partially boosted by hype surrounding meme cryptocurrency Bonk (BONK). However, the SOL/USD pair now shows signs of exhaustion, raising anticipations that the token may see a short-term correction in the coming days. Solana turns overbought Solana is one of the best performing cryptocurrencies so far in 2023 after being one of the biggest losers in 2022.  On Jan. 9, SOL's price jumped to as high as $19.50, or around 120% gains in a recovery rally after sliding below $8 on Dec. 29, 2022. But the price spik also turned Solana into an overbought asset, per its daily relative strength index (RSI) reading above 70, as shown below. SOL/USD daily price chart. Source: TradingView Traditional investors typically see an overbought RSI as a potential sell signal, given the indicator has historically coin...