OP price slips 7% as Optimism preps for $580M supply jump

Optimism’s price is down 7% on Tuesday after the OP token fell from around $1. 64 to $1. 51. The declines come as the community braces for a supply bump that could see further downside pressure for the Ethereum layer-2 solution.

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OP price down 23% in May, but can Optimism ride the Bedrock upgrade?

The Bedrock upgrade could be a major positive for Optimism, boosting the price of OP. Increased adoption of Optimism could see further demand for OP, helping its price. OP price was down 3% in the past 24 hours and 23% in the past two weeks as the token traded near $1.

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Optimism (OP) Flashes Double-digit Gains, Can Bulls Push Price To $2?

The price of Optimism (OP) has struggled against tether (USDT) in recent weeks after seeing its price rejected from $2. 5. Bitcoin’s (BTC) price showed some great strength bouncing off from a low of $18,500 to a high of $21,000.

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Optimism price prediction as OP stages a strong comeback

Optimism (OP/USD) price has made a strong bullish comeback in the past few days as investors rushed back to cryptocurrencies. The token’s price rose to a high of $0. 73, which was the highest point since June 12th of this year.

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Bitcoin traders expect a ‘generational bottom,’ but BTC derivatives data disagrees

BTC bulls think the bottom is in, but a neutral-to-bearish price formation and the absence of a futures premium contradict their optimism.

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Should I buy Balancer (BAL) in July 2022?

Balancer BAL/USD has weakened from $21.87 below $4 since April 08, 2022, and the current price stands at $5. Balancer launched Optimism to help Ethereum achieve greater scalability Balancer is an automated portfolio manager and trading platform that seeks to incentivize a distributed network of computers to operate an exchange where users can buy and […] The post Should I buy Balancer (BAL) in July 2022? appeared first on Invezz.

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Grayscale 'GBTC Discount' Widens After SEC Bitcoin ETF Rejection

The discount between the share price of the Grayscale Bitcoin Trust and the equivalent value of its underlying bitcoin has widened to 31% from 28.4% on Thursday – a sign of waning optimism after the SEC rejected a proposal to convert the investment vehicle into an exchange-traded fund.

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Market Wrap: From GBTC Discount to Short Bitcoin ETF, Traders See Reasons for Optimism

It's hard to imagine that data showing traders piling into a trade designed to profit from further bitcoin price declines might be bullish, but that's how some analysts are interpreting the signal.

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$15M of Optimism Tokens Stolen After Wintermute Sent Wrong Wallet Address

The theft, which follows the OP token’s botched airdrop, sent the token’s price to new lows.

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$15M of Optimism Tokens Stolen by an Attacker After Wintermute Sent Wrong Wallet Address

The theft, which follows the OP token’s botched airdrop, sent the token’s price to new lows.

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Optimism price prediction: Is OP a good investment?

The Optimism price crashed hard on Wednesday as the hype died down. OP, the…

The post Optimism price prediction: Is OP a good investment? appeared first on CoinJournal.

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Is Bitcoin price optimism fading after the crypto market’s rocky April?

Approximately $3.8 million has been created or returned to the BTC network by whale addresses since the Russian-Ukrainian war began.

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Can Cardano Shatter $3 All-Time High By June Following Vasil Hard Fork? — Here Are The Odds

Vasil Hardfork, the next significant Cardano blockchain upgrade expected to happen in June, is driving market optimism for the price of ADA.

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Should I buy ANKR after progress in the Russia-Ukraine talks?

ANKR/USD has advanced from $0. 051 above $0. 090 since February 24, and the current price stands at $0. 087. The cryptocurrency market is advancing this Tuesday, Bitcoin has stabilized above $47000, and progress in Russia-Ukraine talks boosted optimism around financial markets.

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Three reasons why BTC may correct despite the recent bullish uptick

Bitcoin price saw a massive uptick in bullish momentum in the last week, causing it to surge and retest crucial resistance barriers. The optimism stems from the fact that Terra Labs has been buying upThe post Three reasons why BTC may correct despite the recent bullish uptick appeared first on AMBCrypto.

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Cardano (ADA) Price Rebounds as Traders' Optimism Rises; Here Is What to Watch

Cardano (ADA) rebounds as traders' positivity grows; here's what to look out for

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Bitcoin Sparks Optimism For A Strong Price Rally After Surpassing $50K For The First Time In Weeks

Bitcoin surpassed $50K for the first time in weeks, sparking optimism for a strong price rally. Amid the rise in prices, Facebook, Instagram, and Whatsapp faced a downtime  The downtime triggered increased calls for migration to decentralized social networks to prevent reoccurrence.

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Ethereum price drops below $3K, but ETH options data reflects optimism

$430 million in ETH options expire on Friday, and derivatives data shows that bulls are in control and are planning to push prices higher in the short term.

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Tron price analysis: key target $0.10 as TRX breaks major barrier

Rallies for the top two cryptocurrencies have injected optimism into the altcoin markets, with… The post Tron price analysis: key target $0.10 as TRX breaks major barrier appeared first on Coin Journal.

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London Activated: Ethereum Kicks Off New Journey On Transforming Network

Ethereum London upgrade is now live. The price is also headed north, now 8% up, in the wake of the EIP-1559 upgrade. At the same time, the upgrade is being greeted with optimism across the Ethereum community, though that reaction could be mixed among miners.

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The next big Bitcoin price move: Optimism is high, but is it justified?

While many believe Bitcoin may settle anywhere in the $63K–$75K range next, some are optimistic about even higher price action.

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Bitcoin bulls take a breather while BTC price slips below $55,000

Sellers pushed Bitcoin price below $55,000 even as record-high BTC futures open interest and optimism surrounding the issuance of $1,400 stimulus checks for Americans had traders anticipating a rally.

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$13B Bitcoin futures open interest reflects traders’ strong bullish optimism

Bitcoin price quickly rallied back to $40,000 but key derivatives indicators show traders are happily flirting with overbought levels.

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JP Morgan Warns of Falling BTC Price With Bitcoin ETF Approval in US

JP Morgan’s analysts say that the U. S. Securities and Exchange Commission (SEC) approving a bitcoin exchange-traded fund (ETF) is likely negative for bitcoin in the near term. There is optimism around the prospect of the SEC approving a bitcoin ETF under new leadership, the analysts say.

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Basic Attention Token, Tezos, EOS Price Analysis: 25 December

Although BAT, XTZ, and EOS had been under strain during the month of December, prices picked up pace over the past few trading sessions which painted a picture of optimism for the altcoins. Basic AttThe post Basic Attention Token, Tezos, EOS Price Analysis: 25 December appeared first on AMBCrypto.

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Bitcoin Exchanges See Largest BTC Outflow in 3 years

A record single-day Bitcoin (BTC) outflow from crypto exchanges is triggering renewed optimism for further parabolic price advance for the largest cryptocurrency by market capitalization. Bitcoin is currently up more than 150 percent year-to-date (YTD) and recently set a new all-time high (ATH) less than three years to the date of its previous ATH.

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Ripple exec recommends Barbell Strategy for portfolio allocations

With Bitcoin consolidating its position right under its latest ATH on the price charts, the general mood in the crypto-market is one of bullishness and optimism. Such a mood swing has caught the attenThe post Ripple exec recommends Barbell Strategy for portfolio allocations appeared first on AMBCrypto.

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Chainlink, Algorand, Dogecoin Price Analysis: 05 December

After hitting its latest ATH on the price charts, Bitcoin has fallen. However, optimism remains high, especially since at the time of writing, BTC was still trading at a level right above $19,000.

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4 key indicators reflect extreme optimism from pro Bitcoin traders

Key derivatives indicators show pro traders remain strongly bullish even as Bitcoin price continues to reject at $19,800.

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EOS price remains in a bear market despite ongoing optimism on the cryptocurrency market

The cryptocurrency market is advancing this week but the EOS price is still not able to surpass the $3 resistance level as sellers remain in control of the price action. The main reason for this is a low transaction volume and the fact that EOS investors faced trust issues.

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Ethereum Whale Count Grows Amid Price Decline

More Ethereum (ETH) whale wallets have emerged over the past few days despite the over the 30 percent decline in the spot price. 68 New Ethereum Whale Wallets Emerge It appears the optimism of big-money crypto players has not been dampened by the recent market selloff.

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Bitcoin Price Could Leap To $500,000 Or Crash To Zero, Says Bloomberg Analyst

On September 1, the bitcoin price hit $12,000 again for the fourth time since August 2, sparking a lot of optimism among investors. This was, however, followed by a fierce sell-off as bitcoin corrected towards 11,000.

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Tezos long-term Price Analysis: 20 August

Tezos is being given a lot of attention lately by a specific few traders, most of whom expect huge returns, very much like LINK. In fact, this optimism is not misplaced, but is backed by XTZ and LINK'The post Tezos long-term Price Analysis: 20 August appeared first on AMBCrypto.

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Bitcoin Could Be On The Cusp Of A Roaring Rally, According To Goldbug Dan Tapiero

Dan Tapiero, the co-founder of Gold Bullion International and founder of DTAP Capital has predicted that bitcoin will see up to 10X returns in the coming years. Tapiero’s optimism comes despite the BTC price recently rejecting the $12K level for the second time in a span of two weeks. Why A Significant Price Surge May […]

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Bitcoin Price Hits 10-Month Highs as BTC Aims at $10.5K Resistance

$10,390 briefly appears as optimism spills over into the new trading week, with safe-haven gold already at record highs against the dollar.

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Bitcoin Awaits Major Breakout as Price Pressure Builds

Bitcoin remains stuck in a no-trade zone despite the price action it saw over the last week. Nevertheless, BTC futures indicate optimism for the coming quarter. Bitcoin Loses Monday’s Gains...

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Ethereum, IOTA, Dogecoin Price Analysis: 25 June

In a development that once again diminished some of the optimism around the cryptocurrency market's future, Bitcoin, the word's premier cryptocurrency, fell again on the charts. In fact, Bitcoin fell The post Ethereum, IOTA, Dogecoin Price Analysis: 25 June appeared first on AMBCrypto.

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Bitcoin climbs to $9,800 as PayPal integration rumour loads optimism

Bitcoin price jumped nearly 5% as reports emerged payments giant PayPal could soon support... The post Bitcoin climbs to $9,800 as PayPal integration rumour loads optimism appeared first on Coin Journal.

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PayPal FOMO Sparks Optimism For Bitcoin to Surpass $10,000: Here’s Why

Bitcoin price climbed Monday as traders expected global payment giant PayPal to offer direct crypto sales. The unconfirmed report sent the BTC/USD exchange rate to as high as $9,792. Observers now see the pair holding itself above crucial resistance levels, which may resume its rally towards $10,000.

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Why This Analyst Sees Bitcoin Price Crashing To $8.3k Before A Sharp $10.3k Bounce

Recent data have shown that Bitcoin has performed quite strongly in 2020, particularly after the third halving which happened just last month. Although it has not been able to stay above $10,000 for long, it has also still not broken below $9,000 for a while now.

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3 Macro Factors Show Why Bitcoin Is Poised to Erupt Past $10,500: Analyst

The recent price action has made it easy for investors to flip bearish for Bitcoin for the time being, but a top analyst recently shared that he remains macro bullish on the cryptocurrency. Backing his optimism, he shared the chart below, along with three macro factors showing that Bitcoin is likely still embroiled in a macro uptrend.

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Bitcoin's price action 'inspiring' Bakkt's traders

From world wars to a global pandemic, enthusiasts in the cryptocurrency space are of the opinion that Bitcoin is affected by everything. Most are founded in bleak optimism, but some are founded in conThe post Bitcoin's price action 'inspiring' Bakkt's traders appeared first on AMBCrypto.

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Bitcoin, Tron, Dogecoin Price Analysis: 02 June

At the time of writing, the crypto-community's optimism was on an incline after Bitcoin, the world's largest cryptocurrency, breached the psychological resistance of $10k, a level it breached for the The post Bitcoin, Tron, Dogecoin Price Analysis: 02 June appeared first on AMBCrypto.

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Ethereum's price exhibits optimism; rising trend targeting $225 could be at play

The largest altcoin, Ethereum had reclaimed its territory above $200 after dropping beneath the mark a couple of days earlier following a minor pullback. ETH had a bullish case in the first quarter ofThe post Ethereum's price exhibits optimism; rising trend targeting $225 could be at play appeared first on AMBCrypto.

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First Mover: Bitcoin’s 2020 Rally Sends Message to Capitalists as Despair on Wall Street Grows

Bitcoin's recent price rally and industry optimism contrast with the downbeat tone in the U.S. stock market. Even Visa's CEO says digital currencies could be "additive to the payments ecosystem."

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Optimism Takes Hold After Oil Futures Contracts Stabilize Above $20

Although oil prices were in free fall just a few weeks ago, most futures contracts seem to have stabilized. June futures are now trading well above $20. Could the worst of the oil price collapse be over? Analysts are feeling optimistic as oil futures continue to tick higher.

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The Same Bitcoin Trigger that Sparked 239% Rally in April 2019 is Back

Bitcoin closed above a crucial resistance area Wednesday. The ceiling was instrumental in beginning a new bull run back in 2019, wherein the price surged by 239%. Traders’ optimism for bitcoin has peaked ahead of its mining reward halving in May 2020.

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Ravencoin, Chainlink, XRP price: Link hints at a surge in the near future

Chainlink is showing the best prospect in the near future with the formation of an ascending triangle. Ravencoin and XRP, however, show little signs of optimism when compared to Link. Ravencoin RVNThe post Ravencoin, Chainlink, XRP price: Link hints at a surge in the near future appeared first on AMBCrypto.

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Waves, Augur and Ethereum price: Bearish channel persists as optimism hovers

With the collective cryptocurrency market trading sideways, altcoins are moving helter-skelter. Ethereum, Waves and Augur, three diverse altcoins have moved in different directions, one is is yet to rThe post Waves, Augur and Ethereum price: Bearish channel persists as optimism hovers appeared first on AMBCrypto.

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