The price of Bitcoin has faced significant challenges in recent times, with a decline of over 3% in the past week. This downward trend has raised concerns about the sustainability of the bull run. However, recent on-chain data has brought some relief, suggesting that Bitcoin may be on the path to a substantial recovery in
Bitcoin
Cryptocurrency analyst and enthusiast Rekt Capital has recently shared his insights on the potential price directions that Bitcoin could take leading up to and following the upcoming fourth BTC Halving. This highly anticipated event has sparked debates among analysts about the future trajectory of Bitcoin, particularly after its recent breakout from the macro downtrend. In
Renowned macroeconomist Henrik Zeberg has sent shockwaves through the financial world with his grim prognosis for Bitcoin amidst an impending macroeconomic downturn. Using his business cycle model, which has been flawlessly accurate for over eight decades, Zeberg predicts a recession signal in 2023 that will unleash the most severe economic crisis since the 1929 crash.
The sentiment surrounding Ethereum is currently very bullish, with the second-largest crypto token by market cap experiencing a surge in dominance against Bitcoin. This rise is seen as significant by crypto analyst Jaydee, who suggests that it may signal the beginning of an altcoin season. Analysts like Ali Martinez also highlight that Ethereum has broken
Dogecoin (DOGE), the cryptocurrency that was initially created as a joke, has faced a significant price correction in recent days. The coin, which gained popularity due to endorsements from prominent figures like Elon Musk, has fallen over 14% in the past 30 days. This downward trend can be attributed to various factors, including the market’s
In the world of cryptocurrency, there are few figures as prominent as Ash Crypto. Known for his insight and expertise in the crypto trading community, Ash Crypto has recently made a bold prediction regarding the price of Bitcoin. He believes that the introduction of spot Bitcoin Exchange-Traded Funds (ETFs) could propel the price of BTC
The recent movements of Ethereum (ETH) by Celsius Network have raised concerns about the stability of its price. Celsius, a now-bankrupt crypto lender, has initiated its reimbursement plan by transferring large amounts of ETH to various crypto exchanges. This article analyzes the impact of these transfers and their potential consequences on the Ethereum market. Celsius
In a recent in-depth analysis conducted by crypto intelligence firm ChainArgos, concerning allegations of price manipulation in the sales of Polygon’s MATIC tokens, disturbing revelations have been brought to light. The examination focused on the token allocations and subsequent flows to different exchanges. ChainArgos raised concerns about irregular outflows from a “vesting contract” and a
Traders in the crypto realm have been closely monitoring the price of Chainlink (LINK) as it hovers near the $16 mark. There is speculation that a breakout towards $17 or even $20 may be imminent, depending on the prevailing market conditions this week. LINK has been showing classic market cycle behavior, consolidating between $13.00 and
In a remarkable turn of events, Ethereum has managed to outshine Bitcoin with an impressive 14% surge in just two weeks. This surge has propelled the digital currency past a key psychological barrier, surpassing $2,600 for the first time since May 2022. The breach of this significant level not only confirms Ethereum’s ongoing uptrend but
