Crypto analyst Justin Bennett, who has a large following on Twitter, believes that Ethereum is at a critical point and a sustained break above $1,835 could lead to a rise to $1,890 next week. Meanwhile, Bitcoin is also facing an important moment as bulls attempt to recapture the $26,500-$26,700 area. Bennett says that today's close will be crucial for Bitcoin, and if it can retest the $26,500-$26,700 levels, it will move back to support. However, if it fails to do so, BTC could head towards $25,000.

Bitcoin has experienced an unusual period of stability, with its longest calm period since October 2020. This has surprised the crypto community, who attribute it to political and monetary uncertainties, as well as the release of Bitcoin Core's latest update. The update aims to improve the efficiency and functionality of the Bitcoin network. BTC is currently trading at $26,715.21, with a 1.46% gain in the past 24 hours. In addition, a list of top crypto marketing firms/agencies for 2023 and the top 10 Web3 games to explore in the same year have been updated.

Bitcoin has experienced a bullish trend with a significant increase in price over the past 24 hours, reaching $26,676. Despite bears attempting to bring the price down, the buying pressure has remained steady and the market sentiment for Bitcoin remains positive. Technical indicators on daily, hourly, and 24-hour charts all suggest positive momentum, with the bulls in control of the market. The 4-hour Bitcoin price analysis shows that the bulls have taken control of the market, with the potential for continued upward movement if selling pressure does not increase.

Recent on-chain data indicates a significant negative spike in Bitcoin exchange netflow, which could be a bullish sign for the cryptocurrency's price. The exchange netflow measures the net amount of Bitcoin entering or exiting centralized exchange wallets. A negative value suggests that outflows are outweighing inflows, potentially indicating accumulation by holders and a bullish trend. While these outflows alone may not be enough to turn the price around, they do suggest that some whales are buying at current prices, which could eventually help the price hit a bottom. The daily Relative Strength Index (RSI) of Bitcoin has also formed a possible bullish divergence, according to a CryptoQuant analyst. As of writing, Bitcoin is trading around $26,800, up 1% in the last week.

The latest version of Bitcoin Core, the reference implementation of the Bitcoin protocol, has been released on GitHub. The update includes new features, bug fixes, and performance improvements, with the most significant change being the allowance of transactions of non-witness size 65 bytes. This update also brings new remote procedure calls (RPCs) that enable on-chain applications to read and write information while working with blockchains. Bitcoin Core serves as the primary software client for interacting with the Bitcoin network, providing infrastructure to validate transactions, maintain the blockchain, and participate in the consensus process.

JPMorgan strategists predict that Bitcoin could reach its former trading price of $45,000 due to the rising price of gold, as Bitcoin and gold have often been regarded as alternative investments by investors. The current surge in Bitcoin's price comes after a fall that dropped its price below its previously ranging market price of $28,000. JPMorgan highlights the bullish trajectory observed during previous halving events in 2016 and 2020, indicating the potential for a similar outcome following the next halving. However, the bank suggests that Ethereum may face some selling pressure in the near term, extending beyond the Shanghai upgrade until mid-year.

According to Coinmarketcap rankings, buyers have returned to the market. Bitcoin's price has increased by 1.67% in the last 24 hours and is continuing its upward trend. Ethereum is also following Bitcoin's growth, with its rate accumulating strength after retesting support at $1,737. XRP has outperformed both Bitcoin and Ethereum, with its rate slowly moving closer to the $0.4854 resistance on the daily time frame. Cardano was the least gainer, with its rate increasing by only 0.87%.

Bitcoin Core has launched its latest version, 25.0, which offers new features, fixes for bugs, and improvements in performance. The update allows for more efficient use of the Bitcoin network by relaxing restrictions on non-witness transactions of 65 bytes and above. The ordinals protocol, which was initially designed to inscribe non-fungible tokens on the smallest denomination of Bitcoin, has now become a versatile platform for creating different types of tokens, including stablecoins.

A large bitcoin trader has moved $525 million worth of BTC in a single transaction, according to data from Whale Alert. The transfer involved 20,054 BTC and was made from an unknown wallet to another unknown wallet. Another anonymous whale moved 11,261 BTC worth over $295.1 million in a separate transaction. Bitcoin is currently trading at $26,493, up 0.7% in the last 24 hours but down 6.3% over the past 30 days. The Daily Hoddle reminds readers that investing in cryptocurrency is high-risk and investors should conduct due diligence before making any trades.

Bitcoin and ether have been experiencing a period of unusual calm for over two weeks, which is partly due to market makers in the crypto options market. Market makers are responsible for maintaining liquidity on an exchange by offering to buy or sell call/put option contracts at any given time. In recent weeks, investors have been shorting or writing call options, leaving market makers with long call positions or positive gamma. This has forced market makers to trade against the direction of spot prices to keep their books delta neutral, resulting in a narrow price range.