The recent events in the crypto market have left investors and traders reeling from the impact of a widespread crash that has seen Bitcoin and altcoins plunge. The Bitcoin price, in particular, has been on a downward spiral, falling from support after support, causing chaos for tens of thousands of traders. The repercussions of this
Bitcoin
Bitcoin, the leading cryptocurrency, has been experiencing a bearish trend lately, influenced by negative market factors. Despite this, large investors are not shying away from accumulating more Bitcoin during this time. Recent data from Santiment, an on-chain data tracking platform, has shown that investors holding over $600,000 worth of Bitcoin have been steadily increasing their
The crypto analyst Quinten François has recently provided a bold prediction for the future trajectory of Bitcoin. He suggested that Bitcoin could potentially rise to as high as $4.5 million, citing the significance of Bitcoin’s fourth halving as a key factor in this projection. According to Quinten, Bitcoin is currently at the bottom of a
Fundstrat’s head of research, Tom Lee, has once again reiterated his bold prediction for Bitcoin, suggesting that the pioneer cryptocurrency will skyrocket to $150,000. In a recent CNBC Television interview, Lee expressed his bullish optimism about Bitcoin’s future, confidently stating that the cryptocurrency will break out of the current bearish trends in the market. This
Arthur Hayes, the co-founder of BitMEX, recently published an essay titled “Zoom Out,” where he delves into the connections between historical economic cycles and today’s financial landscape. He highlights the significance of understanding economic patterns from the 1930s to the 1970s in predicting the potential resurgence of the Bitcoin and crypto bull run. Hayes categorizes
In the volatile world of cryptocurrency trading, predictions often vary widely, leaving investors unsure of which direction to follow. The recent analysis of Bitcoin’s price by crypto analyst Alan Santana has painted a starkly bearish picture, forecasting a potential crash in the near future. Santana believes that Bitcoin has not yet bottomed out, pointing to
Bitcoin weekend trading volumes have experienced a significant decline according to a recent report by Kaiko. The data reveals that weekend trading activity for Bitcoin has dropped from 28% in 2019 to a mere 16% in 2024. This substantial decrease coincides with the introduction of spot Bitcoin ETFs in the US, which are only tradable
Being engrossed in the world of cryptocurrency can be both exciting and challenging. Opeyemi, a dedicated writer, has found his niche in this dynamic industry. His passion for unraveling the complexities of blockchain technology and staying updated on the latest trends in the crypto market is truly remarkable. One of Opeyemi’s favorite activities is analyzing
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
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
