A popular crypto analyst is predicting a short squeeze for Bitcoin (BTC). This means that traders who bet against Bitcoin could be forced to buy back their positions, potentially driving the price up. Why the Optimism? The analyst, from the YouTube channel InvestAnswers, points to several factors: Aggressive Shorting: Traders are heavily betting against Bitcoin,…
Bitcoin is in a holding pattern right now. After a wild ride of ups and downs, things have calmed down a bit. This is pretty common before big market changes. Historically, Bitcoin tends to gain momentum during these quiet periods, setting the stage for a possible explosion in price. One analyst, TechDev, sees some interesting…
Many crypto traders try to predict the best time to buy Bitcoin, hoping to catch it at its lowest point. One analyst, R.N. Elliot, believes he’s found that perfect time. The “Double Zigzag” Pattern Elliot uses a technical analysis tool called the “Elliot Wave” to predict Bitcoin’s price movements. He’s identified a “Double Zigzag” pattern,…
The crypto world is always buzzing with new opportunities, and meme coins are no exception. Three coins, Pepecoin (PEPE), Pepe Unchained (PEPU), and Mpeppe (MPEPE), are making waves, promising big returns. Let’s dive into what makes them special. Pepecoin (PEPE): The OG Meme Coin Pepecoin has been a hot topic in the crypto space, and…
The crypto world is always buzzing with new projects, and right now, two tokens are making waves: Internet Computer Protocol (ICP) and Mpeppe (MPEPE). These cryptos are attracting attention for different reasons, but both offer potential for growth. Internet Computer (ICP): The Future of Decentralization ICP is a big deal in the crypto space because…
Bitcoin’s Peak is Still Far Away A market expert has predicted that Bitcoin is still far from reaching its peak in this current bull market. This prediction is based on the Onchained index, a tool that analyzes investor behavior to identify highs and lows in the Bitcoin market. The Onchained index suggests that Bitcoin is…
Market expert Tom Lee believes that financial markets are placing their bets on a Donald Trump victory in the upcoming election. Lee, a well-known analyst from Fundstrat, says that the markets are seeing a higher chance of Trump winning than what traditional polls are showing. Lee explains that if the markets become more convinced of…
Anthony Scaramucci, founder of SkyBridge Capital, doesn’t think Bitcoin is a reliable store of value right now. He sees it as a technology still in its early stages. Bitcoin’s Future Potential While Scaramucci doesn’t see Bitcoin as a store of value today, he believes it could become one in the future, especially if it gains…
A British bank, Starling Bank, has apologized to a customer after wrongly accusing him of being involved in a scam and freezing his account. A Kafkaesque Experience Professor John MacInnes was trying to send $16,789 to a friend in Austria, someone he’s known for over 20 years. Starling immediately flagged the transfer as “suspicious” and…
The U.S. Department of Justice (DOJ) has recovered almost $5 million in stolen cryptocurrency, thanks in part to the help of stablecoin issuer Tether. This money was taken from victims of a common crypto investment scam known as “pig butchering.” How the Scam Works These scams target people romantically, building trust before leading them into…
