Bitcoin Could Dip Before a Big Jump, Says Analyst

A popular crypto analyst, known as Bluntz, thinks Bitcoin might take a little dip before it starts climbing again. Bitcoin’s Five-Wave Rally Bluntz, who uses the Elliott Wave theory to predict price movements, believes Bitcoin’s recent 15% surge from its October low was a five-wave pattern. He thinks the next move could be a three-wave…

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Could Bitcoin Hit $100,000? An Analyst’s Take

Bitcoin is getting closer to $70,000, and everyone’s talking about it hitting $100,000. But is it really possible? Crypto analyst Axel Bitblaze thinks so, and he’s got some interesting reasons why. Liquidity: The Key to Bitcoin’s Rise Bitblaze says that liquidity is the most important thing in the crypto market. He points to past bull…

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Fake Bitcoin ETF Tweet Leads to Arrest

A man from Alabama has been arrested for his role in a scheme that tricked people into thinking the SEC had approved Bitcoin ETFs. The FBI has arrested Eric Council Jr. for his involvement in the January 2024 hack of the SEC’s Twitter account. Council and his accomplices posted a fake tweet claiming the SEC…

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Bitcoin is Leaving Exchanges: Is This Bullish?

Over the past few months, Bitcoin has been flowing out of exchange wallets. This could be a good sign for the cryptocurrency’s price. Bitcoin Exodus: A Look at the Numbers Analysts are noticing a significant decline in the “Exchange Reserve” – the total amount of Bitcoin held by centralized exchanges. This decline suggests that investors…

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Italy Wants to Tax Your Bitcoin Gains More

Italy is thinking about making it more expensive to sell your Bitcoin and other cryptocurrencies. Higher Taxes for Crypto Profits The Italian government is considering raising the capital gains tax on crypto from 26% to 42%. This means if you sell your Bitcoin for a profit, you’d have to pay a bigger chunk of that…

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Bitfinex Hacker Could Face 5 Years in Prison

The mastermind behind the massive Bitfinex cryptocurrency heist could be spending the next five years behind bars. Prosecutors are pushing for a hefty sentence for Ilya Lichtenstein, who admitted to his role in the theft of billions of dollars worth of Bitcoin. The Heist Back in 2016, the Bitfinex exchange was hit with a major…

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