The Bitcoin price hit an all-time high of $73,400 in March 2024 and has been struggling to regain that level ever since. Despite this, there are still high expectations for a potential recovery, with crypto analyst “Melikatrader94” predicting a new peak at $77,600. This forecast is based on various bullish chart patterns that have emerged
SBINFT recently made headlines with the relaunch of its NFT marketplace, SBINFT Market. The revamped platform promises an enhanced user experience with improved features and a sleek UI/UX design. This article delves deeper into the changes brought about by the relaunch and the impact it may have on the NFT market. One of the key
Semilore Faleti has made a significant impact in the world of cryptocurrency journalism. With a background in content creation and a passion for educating individuals on the complexities of blockchain technology, Semilore has established himself as a trusted source of information in the crypto space. Early Career and Specialization Starting out as a writer covering
The recent on-chain insights have shed light on the end of Bitcoin miner capitulation, a positive sign for the flagship cryptocurrency. The Glassnode Hash Ribbon indicator has shown a cross of the short-term moving average below the long-term moving average, indicating the potential start of a recovery phase for the network. This suggests that Bitcoin
The Cardano ecosystem is currently experiencing a surge in activity, particularly from large ADA holders known as whales. These whales have been actively moving ADA tokens, with recent on-chain data showing a peak of 17 billion ADA tokens being traded among whale addresses. This increase in activity has caught the attention of market observers, as
The recent letter penned by a group of Democrat politicians to the Democratic National Committee (DNC) urging a shift away from anti-crypto policies marks a significant moment in the party’s approach towards digital assets and blockchain technology. The letter underscores the importance of adopting a forward-looking approach in order to harness the immense potential that
President Donald J. Trump has recently made bold statements regarding his vision to make the US a prominent player in the world of cryptocurrency, particularly Bitcoin. He has vowed to maintain the US’s lead over competitors such as China by instituting new policies that support the growth and adoption of Bitcoin. Protecting Bitcoin Holdings One
The Cardano market recovery has failed to bring relief to a large number of ADA holders who are still nursing losses. Data from IntoTheBlock paints a grim picture, showing that Cardano is the worst performer in terms of profitability among the top 10 largest cryptocurrencies by market cap. This has left holders and long-term believers
The volume of ETH derivatives indicates a lack of confidence among investors in the upcoming Spot Ethereum ETFs. Despite the imminent launch of these funds, the fixed-month contracts annualized premium for Ethereum is only at 11%, which is relatively low. This suggests that crypto traders are not as bullish on ETH’s price as one might
A recent declaration by a market strategist has set the tone for a potential turnaround in the world of cryptocurrency. Bitcoin, the largest cryptocurrency in the market, is said to have finally concluded its downtrend. The strategist’s analysis points towards a new price target for Bitcoin, driven by a positive shift in its market value.
