Bitcoin is currently experiencing a significant decline in its value, dropping below the $64,000 mark to $63,564. Despite this downward trend, Arthur Hayes, the co-founder of BitMEX, remains bullish on Bitcoin and is actively encouraging investors to “buy the dip.” His optimism stems from an analysis of global economic conditions and central bank policies, particularly
Bitcoin
The recent Bitcoin price crash below $66,000 has caused quite a stir in the market, resulting in over $90 million in liquidations within a 24-hour period. Despite the significant drop, analysts, including crypto analyst Ali Martinez, are not convinced that the worst is over. Martinez has suggested that Bitcoin may still have a long way
Travis Kling, Founder and Chief Investment Officer of Ikigai Asset Management, recently shared his analysis of the current state of Bitcoin and the broader cryptocurrency ecosystem. According to Kling, Bitcoin is currently around 10% off its all-time highs, with indications that the market may be heading towards cannibalism. Despite the NASDAQ experiencing a 16% surge
The recent turmoil in the cryptocurrency market has prompted a significant shift in investor behavior towards Bitcoin. Traditionally viewed as the safest asset in the digital currency ecosystem, Bitcoin’s dominance has soared to a nine-week high of 57%. This surge in dominance comes at a time when the market is facing chaos, with altcoins bearing
Growing up in Edo State, Nigeria, I was surrounded by a supportive and loving family. My parents and siblings played a significant role in shaping my values and beliefs. They were not just family to me, they were my idols and mentors, guiding me through life’s ups and downs. Their unwavering support and encouragement have
The recent data from CoinShares reveals a significant change in investor sentiment towards crypto funds, with outflows totaling $600 million following five weeks of consecutive inflows. This sudden shift in trend has sparked discussions within the crypto community about the possible reasons behind this exodus of funds from the market. The outflows were primarily concentrated
Bitcoin has been experiencing a rollercoaster ride lately, with the price taking a nosedive, sparking concerns of a prolonged bear market. However, amidst the gloom, there are faint whispers of optimism. The Bitcoin Taker Buy Sell Ratio, a metric that monitors the balance between buy and sell orders on exchanges, has shown some interesting trends.
Bitcoin, the leading cryptocurrency in the market, has experienced a challenging week with a 4.65% decrease in its market price over the past seven days. Analysts and investors alike are closely monitoring the situation to determine the upcoming trend in the market. Crypto analyst, Ali Martinez, has issued a price alert indicating a crucial support
In the last week, Bitcoin has experienced a significant amount of selling pressure, leading to a decline in its value. According to CoinGecko, the premier cryptocurrency has dropped by almost 5% in the past seven days, reaching around $65,000 on June 14th, its lowest level in nearly a month. Crypto analyst Ali Martinez recently reported
Cryptocurrency analyst TechDev recently provided insights into the potential future trajectory of Bitcoin. According to TechDev, Bitcoin has not yet reached its full potential in the current market cycle. He suggested that there are more price surges on the horizon for the flagship cryptocurrency. TechDev’s analysis points towards a parabolic move to the upside for
