The month of June has been a challenging period for Bitcoin investors as the cryptocurrency experienced a downward trend, with its price dipping below $60,000 at certain points. As a result, many investors were left disappointed by the lackluster performance of Bitcoin during this period. Crypto analyst Zen has highlighted the significance of various liquidity
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Semilore Faleti is a renowned cryptocurrency writer known for his expertise in journalism and content creation. His journey in the world of digital assets started with a passion for unraveling the complexities of blockchains and cryptocurrencies. His dedication to providing insightful and educational content has made him a trusted source in the industry. During his
Opeyemi, a skilled writer, ventured into the world of cryptocurrency more than two years ago. Despite it not being his initial career path, he soon found himself deeply immersed in the digital asset industry. His passion for unraveling the complexities of blockchain technology and staying updated on the latest trends in cryptocurrencies has only grown
Bitcoin has reached a critical point in its price trajectory, with the recent rejection at $62,000 sparking a showdown between bullish and bearish sentiment. The current market conditions have fueled speculation that the price of Bitcoin may be in for a significant decline. Crypto analyst DonAlt has expressed his opinion that the worst may be
The prediction by analyst ‘RamenPanda’ suggests that there will not be a sharp correction following any potential interest rate cuts by the U.S. central bank in September or November. This prediction is based on the notion that during times of financial crisis, such as in 2008, the Fed cuts rates to preserve the economy. However,
Jesse Powell, the founder of Kraken, a cryptocurrency exchange platform, recently made headlines by donating $1 million, mainly in Ethereum, to support former US President Donald Trump’s re-election bid. Powell clarified in a statement that the intention behind this donation was to ensure the US maintains its leadership in blockchain technology. This move has sparked
The recent surge in Bitcoin’s price, reaching over $62,000, was followed by a quick retracement below that level. This rollercoaster ride in the value of the largest digital asset has left many investors wary of what the future holds. Despite its initial success, Bitcoin struggled to maintain its momentum, particularly as altcoins like DOT, AVAX,
Keisha Lance Bottoms, slated to become Joe Biden’s senior campaign adviser, recently expressed her views on cryptocurrency, emphasizing that it is a nonpartisan issue. In a statement to The Hill, she highlighted how crypto has garnered bipartisan support and has captured the attention of voters nationwide. Bottoms emphasized the transformative potential of crypto and blockchain
With the impending launch of the first spot Ethereum ETFs in the United States, industry experts are speculating about the potential price impact on the second-largest cryptocurrency in the market. The US Securities and Exchange Commission (SEC) is expected to approve Ethereum ETFs by July 4, as discussions between asset managers and regulators reach their
CleanSpark, one of the leading publicly traded Bitcoin mining firms, made headlines with its acquisition of GRIID Infrastructure in an all-stock deal worth $155 million. This strategic move instantly added 20 megawatts of power to CleanSpark’s mining operations, with plans for an additional 400 MW in Tennessee in the next two years. The merger required
