The crypto market took a big hit over the weekend, but one popular analyst is seeing a positive sign amidst the chaos. Open Interest Wipeout: A Bullish Signal? Credible Crypto, a well-known trader with over 400,000 followers on Twitter, says the recent drop in Bitcoin’s price has actually cleared out a lot of “open interest.”…
A well-known economist is doubling down on his prediction of a massive rally in crypto and the US stock market, even after recent market dips. Henrik Zeberg, who has a large following on social media, says it’s too early for a crash and that we’re still on track for a big boom. A “Blow-Off Top”…
Peter Schiff, a well-known economist and gold advocate, is predicting a rough ride for Bitcoin spot ETFs. He believes the recent price drop in Bitcoin is just the beginning and the ETFs will hit new lows as the market continues to decline. Schiff’s Warning: Spot ETFs Vulnerable to Further Drops Schiff is particularly concerned about…
The crypto market is feeling the heat as investors pull out a whopping $528 million from digital asset investment products. This massive outflow is driven by a combination of factors, including: Recession worries: The US economy is facing some serious challenges, and investors are getting nervous. Geopolitical concerns: The global landscape is volatile, and this…
The cryptocurrency market is always changing, and Solana (SOL), once a hot pick, is now facing some challenges. This has led some investors to look for new opportunities, and one project that’s attracting attention is Mpeppe (MPEPE). Solana’s Struggles Solana has experienced some bumps in the road recently. Its price has been fluctuating, and it’s…
Mpeppe (MPEPE) is a new cryptocurrency that’s getting a lot of attention from Ethereum (ETH) investors. It’s built on the Ethereum blockchain and combines sports, blockchain tech, and memes. Here’s why people are excited about it: Soccer, Memes, and Blockchain: A Winning Combo? Mpeppe is inspired by the success of meme coins and the popularity…
The crypto market took a nosedive recently, with Bitcoin and Ethereum plummeting over 20%. This massive sell-off was fueled by a combination of factors, including a disappointing jobs report and concerns about the Federal Reserve’s inaction. A Market in Turmoil The crypto market lost over $600 billion in value, with the total market cap dropping…
A popular crypto analyst is warning investors about a potential downturn for three altcoins: Sui (SUI), Near (NEAR), and Artificial Superintelligence Alliance (FET). Bearish Signals for SUI, NEAR, and FET The analyst, known as Altcoin Sherpa, believes these altcoins are showing clear signs of a bearish market structure. He points to SUI’s sharp drop from…
XRP, the cryptocurrency associated with Ripple Labs, is making a comeback. After a long legal battle with the U.S. Securities and Exchange Commission (SEC), demand for XRP on crypto exchanges is back to where it was before the lawsuit. XRP’s Comeback The SEC sued Ripple in 2020, claiming that XRP was an unregistered security. This…
A crypto trader who accurately predicted the Bitcoin crash in May 2021 is now saying that Bitcoin is poised for a big jump in price by the end of the year. Bitcoin’s Price Range and Potential Breakout The trader, known as Dave the Wave, shared a chart with his followers showing that Bitcoin is currently…
