In December, Bitcoin miners achieved their peak monthly revenue for the year, reaching $1.51 billion. Furthermore, this month saw a record-breaking fee collection, with miners securing $324.83 million in onchain transaction fees. Bitcoin Miners Achieve Unprecedented SuccessIn December 2023, a new milestone was reached in monthly revenue generated by Bitcoin (BTC) miners through block discovery […]
Read moreLow volatility in Shiba Inu market Shiba Inu (SHIB) Price Analysis: 31 December Buyers may force SHIB to break up the $0.0000118 and $0.0000125 levels if they can drive the price above the $0.0000113 resistance level. If bears can hold the $0.0000113 level, the price of the cryptocurrency may go below $0.0000104 and reach the […]
Read moreLucky Block Market Prediction – December 29th The Lucky Block market prediction is for a price to spring off the $0.0000470 demand level as bulls remain alert. LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart) Key Levels-Supply Zones: $0.0000880, $0.0001100Demand Zones: $0.0000600, $0.0000360Lucky Block is currently trading close to the $0.0000470 demand level. At this point, the […]
Read moreTechnical indicatorsMajor Resistance Levels – $0.12 and $0.14Major Support Levels – $0.06 and $0.04 Dogecoin (DOGE) Price Long-term Prediction: BearishThe price of Dogecoin (DOGE) is falling between the moving average lines as suppliers threaten to short. The decline is approaching the 50-day simple moving average line. The selling pressure will intensify should the price drop […]
Read moreEthereum (ETH) Current StatisticsThe current price: $2,282.83Market Capitalization: $274,579,031,195Trading Volume: $6,860,693,131Major supply zones: $3,000, $3,500, $4,000Major demand zones: $1,700, $1,500, $1,000 Ethereum (ETH) Price Analysis December 31, 2023The price of Ethereum (ETH) has dipped above the 21-day moving average line as it fails to re-establish a bullish trend above $2,200. Buyers have failed twice to […]
Read moreMarket Analysis – December 29th USOil Price remain poised for an aggressive decline as bears maintain control. The price of oil is showing signs of continuing its aggressive decline, potentially breaking below the significant level of 71.00. The bears are staggering but still determined to break through this key level, indicating a higher likelihood of […]
Read moreBTCUSD Holds Above the $42,000 Threshold BTCUSD holds firm and keeps securing its position above the $42,000 threshold. Despite a robust bullish trajectory from October to early December being restrained beneath the $45,000 resistance level, Bitcoin has resiliently pulled back and maintained a foothold above $42,000. BTCUSD Key Levels Supply Levels: $45,000, $47,570, $50,000Demand Levels: […]
Read moreThere have been major movements in this week’s list of trending cryptocurrencies. Only Solana and Bonk have been able to retain their trendy characteristics from last week until now. Meanwhile, other tokens have been replaced by Gorilla, Origin Protocol, and ANALOS. Let’s further examine each of these tokens, one after the other. Solana (SOL) Major […]
Read moreFollowing the earlier price surge in the Tamadoge market, it’s evident that headwinds were triggered, resulting in a moderate downward correction. Nevertheless, this token continues to trade above a notable support level, and studying the trading pattern in this market suggests a potential bullish breakout. Key TAMA Statistics on December 30, 2023: Tamadige Price: $0.008340 […]
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