Market analyst Jim Bianco suggests that former President Trump’s January memecoin launch might have triggered the recent peak and subsequent crash in Bitcoin and other cryptocurrencies. Bitcoin’s Sudden Drop Bianco, a prominent figure in the financial world, tweeted that Bitcoin reached a high of around $109,000 in January, shortly after Trump’s coin debuted. Since then,…
Crypto analyst Michaël van de Poppe thinks Bitcoin (BTC) is nearing its bottom. He believes the current downturn is setting the stage for the next bull run. Bitcoin’s Dip: A Buying Opportunity? Van de Poppe, who boasts a large following on X (formerly Twitter), says the current bearish sentiment suggests a bottom is close. He…
Bitcoin took a nosedive, dropping to $86,099 on February 26th. This caused a massive $1.06 billion loss in market value and sent shockwaves through the crypto world. Liquidations and Bearish Sentiment Coinglass reported a staggering 230,000 liquidated positions that day. Open interest plummeted to 5%, showing investors were quickly getting rid of their leveraged bets….
Bitcoin took a surprise dive recently, dropping below $90,000 and dragging other cryptos down with it. This left many bullish investors feeling the pinch. But is this a disaster, or something else entirely? A Necessary Correction? Bitcoin hadn’t traded below $90,000 since November 2024. After a long climb, it had been consolidating between $90,000 and…
Dogecoin has taken a hit recently, dropping to a three-month low of $0.20. While it’s seen a slight recovery, experts are worried it might fall further. A Deep Dive into Dogecoin’s Downturn The recent price crash was a shock for Dogecoin investors. Although there’s been a bounce back to around $0.20, technical analysis suggests more…
Solana’s price has been struggling, and its network activity is showing some serious weakness. This raises the question: is this a temporary blip, or the start of a larger trend? Network Activity Plummets Recent crypto market volatility and Solana’s (SOL) falling price have hurt the Solana network’s adoption. Analyst Ali Martinez reported a massive drop…
Byron Donalds, a Republican congressman from Florida, announced his run for governor and has some pretty bold plans for the state’s finances. He wants to make Florida a major player in the global financial world, and a big part of that plan involves cryptocurrency. Bitcoin in Florida’s Future? Donalds envisions Florida becoming a crypto-friendly state,…
The crypto world is all about attention. New projects need to constantly offer something exciting to stay relevant. One area that’s seen its ups and downs is “restaking”—pooling security resources across different blockchains. Restaking’s Rise and Fall Initially, restaking was a hot topic. Platforms like Eigenlayer, Babylon, and Symbiotic offered a way for newer blockchains…
Tether’s CEO, Paolo Ardoino, recently claimed that Tether (USDT) is the key to maintaining the US dollar’s global dominance. USDT: A Global Reach In a post on X (formerly Twitter), Ardoino highlighted USDT’s extensive reach, spanning from physical kiosks across Africa and South America to digital remittance platforms and institutional tools. He emphasized Tether’s on-the-ground…
Veteran Investors Push Back Against Bear Market Predictions Several prominent investors are dismissing the current downturn in the crypto market as a temporary correction, rather than the start of a full-blown bear market. Chris Burniske, a venture capitalist and former head of crypto at ARK Invest, argues that the recent price drops are simply a…
