Cryptomonk's Posts | Commonstock

Chainlink All Set To Enter Top 10 Crypto Market With LINK Price Massive Rally on Horizon

Chainlink Price breaking free with a 9% surge to $18.45! 🚀 Surpassing Tron, LINK hits a 22-month high, crossing the $10 billion market cap. Revived dormant wallets fuel the rally. Despite a $4.5 million liquidation, the momentum is strong. Analysts eye $20 resistance as a game-changer, predicting a $16 trillion tokenized assets market by 2030. While BTC and ETH show slow growth, LINK stands out with the potential for a $25–30 rally. A beacon of strength in the crypto storm, Chainlink charts its course for a sustained upward trend.

Cryptomonk

@cryptomonkFebruary 2

Altcoins Trading Under the Extreme Consolidation Zone: Will They Trigger a Breakout This Month?

The crypto markets have been on a rollercoaster ride ever since the bearish trend was reversed in the first few days of 2023. With this, many tokens soared to significant numbers, while some managed to surpass their previous ATH. This was followed by a descending consolidation, which was again challenged by the bull during the previous month. With the market conditions being volatile, some of the altcoins continue to trade within a narrow range, with fewer chances of triggering a bullish breakout.

Check out the full article

https://coinpedia.org/price-analysis/altcoins-trading-under-the-extreme-consolidation-zone-will-they-trigger-a-breakout-this-month/

Cryptomonk

@cryptomonkJanuary 29

Spot Bitcoin ETFs hit $14.8 million daily net inflow, first in 5 trading days

📈 Spot Bitcoin ETFs break through with a $14.8 million net inflow on the 11th trading day. GBTC sees reduced outflows at $255 million, but total outflows remain over $5 billion. Pre-ETF launch, GBTC's BTC balance drops nearly 20% to 506,000 BTC. 🚀 Also Check Out Our Crypto ETF Tracker

On January 26, BlackRock's IBIT gains $87 million, hitting $2.2 billion. Fidelity adds $100 million, reaching $1.9 billion. Fidelity's FBTC ETF consistently draws $100 million daily.

Coinpedia Cryptocurrency Markets

Bitcoin ETF Tracker | Cp Markets

List of all Bitcoin ETF(exchange trader funds) and holding companies by marketcap, AUM and performance.

Cryptomonk

@cryptomonkJanuary 20

LUNC Price Faces Significant Drop – Can Terra Bulls Revive Terra Classic Token?

Over the past two weeks, Terra tokens have exhibited a neutral trend, signaling a lack of investor interest. Notably, the LUNC price has seen a 9% decrease, breaking a crucial support level.

Initially trading in a narrow range between $0.0001561 and $0.0001683 for about a week, the market lost momentum, leading to a correction of over 13% in LUNC's valuation.

Following this correction, the price entered a neutral trend, fluctuating between $0.0001327 and $0.0001457. Increased market volatility resulted in significant chart fluctuations. After testing the $0.0001177 support level, the bulls recovered, pushing the price up by over 23%, but faced rejection at $0.0001457.

Since then, LUNC has been consistently trading within the range of $0.0001177 and $0.0001327, reflecting weak price action. A recent breakdown suggests a rise in bearish sentiment in the crypto space.

Coinpedia Fintech News

Terra Classic Price Prediction 2025: Will LUNC Go Up This Year?

Terra Classic Price Prediction: CoinPedia's prediction of LUNC coin price illustrates the feasible targets for 2024 and the years to come.

Cryptomonk

@cryptomonkJanuary 19

The Reasons Behind Today’s Crypto Market Selloff: BTC, ETH, SOL, XRP, and LUNC

The crypto market saw $250 million liquidation on Friday’s expiry, first after the spot Bitcoin ETFs trades. ETH, XRP, and LUNC under pressure.

On Friday, a widespread selloff in the cryptocurrency market led to a nearly 4% decline in the global market cap, bringing it down to $1.61 trillion. Traders and investors bore the brunt of Friday’s expiry, with approximately $250 million liquidated in the last 24 hours. The fear and greed index for cryptocurrencies dipped from 63 to 56, indicating a shift to a neutral sentiment.

The price of Bitcoin experienced a sharp drop from $42,720 to a low of $40,631 within a short period, resulting in an overall daily loss of around 4%. Leading altcoins such as Cardano (ADA), Solana (SOL), XRP, and Ethereum (ETH) also saw notable declines ranging from 3% to 7% within hours.

In the aftermath of the recent proposals’ failure, the LUNC price plummeted by 9% over the last day, currently trading at $0.000113. It is important for market participants to stay informed about these fluctuations, as cryptocurrency prices can be highly volatile and subject to rapid changes.

Crypto Market Selloff on Friday’s Expiry

Traders anticipated a major liquidation after the spot Bitcoin ETFs listings, which kept the crypto market stagnant throughout the week.

Notably, 22,000 BTC options of notional value $890 million are set to expire on January 19, with a put-call ratio of 1.1. The max pain point is $44,000, indicating that traders are under selling pressure. BTC price fell 4%, with the price currently trading at $41,419.

Moreover, 211,000 ETH options of notional value $520 million are set to expire, with a put call ratio of 0.55. The max pain point is $2,500, which is also higher than the current price of $2,469. ETH price is down 3% in the last 24 hours, with a 24-hour low of $2,426.

Crypto Market Saw $250 Million Liquidation

Crypto rollercoaster alert! Coinglass spills the tea: $250 million liquidated today. 103K traders took a dip, with Binance’s BTCUSDT leading at $7.31 million. The crypto market is rocking the “red” look. Fasten your seatbelts, it’s a wild ride!

Coinpedia Fintech News

Terra Classic Price Prediction 2025: Will LUNC Go Up This Year?

Terra Classic Price Prediction: CoinPedia's prediction of LUNC coin price illustrates the feasible targets for 2024 and the years to come.

Robert

@robertwhiteMarch 28

In the ever-fluctuating world of cryptocurrencies, today's selloff of major assets like BTC, ETH, SOL, XRP, and LUNC raises questions about market dynamics. While market movements can be influenced by various factors, including regulatory news, macroeconomic trends, and investor sentiment, one thing remains constant: the need for secure, instant, and accessible blockchain transactions. Zert https://zert.com/ stands firm in its mission to democratize finance, offering a world-class platform that ensures transactions are not only secure but also swift and user-friendly. Amidst market uncertainties, rely on ZERT's fully licensed ecosystem spanning three continents to navigate the crypto landscape with confidence and resilience.

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Cryptomonk

@cryptomonkJanuary 9

A price forecast suggests that reaching $1.1 for XRP might be feasible.

Renowned cryptocurrency analyst Ali Martinez recently shared a noteworthy XRP price prediction 2024, indicating a potential increase in the cryptocurrency's value. Martinez, recognized for precise analyses, emphasized an intriguing ascending parallel channel that has been influencing XRP's price movements since June 2022.

After examining the pattern, Martinez suggested a positive trajectory for XRP, indicating the digital asset's potential to reach either $0.80 or $1.10, corresponding to the channel's middle or upper boundaries, respectively. This analysis was backed by a comprehensive XRP price chart illustrating the observed pattern.

Cryptomonk

@cryptomonkJanuary 4

Bitcoin Mining Firm Cipher Secures 16,700 New Miners Ahead of Bitcoin Halving,

Bitcoin mining firm Cipher Mining has purchased 16,700 new miners for delivery in the second quarter, with hopes to be “one of the industry winners” of the Bitcoin Halving event — expected in April.

Coinpedia Fintech News

Bitcoin Halving 2024: Why It Matters & What To Expect

Imagine a currency that is not controlled by any government, bank, or institution, but rather by a decentralized network of computers around the world.

Cryptomonk

@cryptomonkJanuary 2

Bitcoin Breaks Free: Skyrockets Over $45,000 Since April 2022! Brace for Crypto Chaos

Ah, surprise! Bitcoin decides to make a dramatic comeback, hitting a whopping $45,000 mark after lounging around for nearly 21 months. The cryptocurrency is putting on quite the show as it struts back into the spotlight, breaking records and reminding us it's still a force to be reckoned with in 2024.

Ah, the never-ending saga of Bitcoin's skyrocketing prices continues, building upon its jaw-dropping 152% surge in 2023. Commentators, in their unyielding optimism, foresee these bold escalations persisting, adding yet another chapter to the riveting tale of cryptocurrencies.

In the midst of this fervor, discussions revolve around the potential approval of the inaugural bitcoin exchange-traded fund (ETF) in the U.S. This proposed ETF supposedly offers investors a chance to indirectly shadow bitcoin's price, catering especially to the discerning tastes of larger institutional investors who prefer a hands-off approach to actual cryptocurrency ownership.

Absolutely, here's a more refined version for readability while keeping the professional humor intact:

"Ah, brace yourselves for the grand spectacle of the upcoming Bitcoin Halving 2024! It's like witnessing a magician's trick—rewards for Bitcoin miners sliced in half, orchestrating a strategic reduction in the cryptocurrency's market supply. And the history books whisper tales of these halving events being a launchpad for jaw-dropping price surges, adding an extra thrill to our crypto crystal ball.

Amidst this bustling crypto carnival, Ether and Solana refuse to be wallflowers. They've boldly crashed this party, bringing their unique moves to add a dash of diversity and flair to this ongoing market extravaganza. Seems like everyone wants a front-row seat for the crypto fun!

Coinpedia Fintech News

Bitcoin Halving 2024: Why It Matters & What To Expect

Imagine a currency that is not controlled by any government, bank, or institution, but rather by a decentralized network of computers around the world.

Cryptomonk

@cryptomonk12/28/2023

Bitcoin 2024 Timeline – ETFs, Halving, and Predictions

January 2024: The approval of a Bitcoin ETF, akin to the GLD (Gold ETF), is a game-changer.
February 2024: Following the approval, Bitcoin ETF trading commences, attracting a new wave of institutional and retail investors.
March 2024: The potential for the first-rate cut in March 2024 signals a crucial juncture. This move, while typically aimed at stimulating the economy, also suggests caution, hinting at underlying economic challenges.
April 2024: Bitcoin Halving in April 2024, a scheduled event reducing the reward for mining new blocks by half, is anticipated to impact its value significantly.
May – November 2024: This period is expected to be marked by further rate cuts and increased liquidity, potentially fuelling more investment in Bitcoin.
December 2024: Michael Saylor, the founder of Microstrategy, has highlighted the FASB’s decision to adopt fair value accounting for Bitcoin for fiscal years beginning after December 15, 2024.

Coinpedia Fintech News

Bitcoin Halving 2024: Why It Matters & What To Expect

Imagine a currency that is not controlled by any government, bank, or institution, but rather by a decentralized network of computers around the world.

Cryptomonk

@cryptomonk12/18/2023

Bitcoin Halving Prediction-2024

The upcoming Bitcoin Halving scheduled for April 2024 is really energizing the crypto community. These halving events typically generate heightened interest and positivity among investors regarding Bitcoin, often resulting in significant price increases.

Experts who analyze historical trends are suggesting that Bitcoin's price might surpass $100,000 in 2024. However, the extent of the halving's impact depends on various factors, such as the adoption rate of Bitcoin, governmental regulations, decisions concerning elements like the Bitcoin Spot ETF, and the overall state of the economy.

Coinpedia Fintech News

Bitcoin Halving 2024: Why It Matters & What To Expect

Imagine a currency that is not controlled by any government, bank, or institution, but rather by a decentralized network of computers around the world.