Prita Ghozie

Bitcoin’s Secret Code: Is History Repeating Itself?

Bitcoin’s price is making headlines again, as some key indicators that predicted past record highs are appearing once more. A crypto strategist has shared what they call a “cheat code” – a pattern that seems to perfectly predict major Bitcoin rallies. The “Cheat Code”: Decoding Bitcoin’s RSI Crypto strategist CrypFlow posted a technical analysis on…

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Stablecoins: The Future of Collateral?

The US Commodity Futures Trading Commission (CFTC) is looking into using stablecoins as collateral for derivatives trading. They want your input! CFTC’s Big Plan The CFTC, led by Acting Chair Caroline Pham, has launched an initiative to explore using stablecoins – cryptocurrencies pegged to a regular currency like the dollar – as collateral. This is…

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Ethereum’s Big Test: Breakout or Bust?

Ethereum’s price is at a crucial point. It recently broke out of a technical pattern called a “rising wedge,” which usually means trouble. But this breakout sparked hope for higher prices. Now, we’re seeing a retest of a key support level – a make-or-break moment for Ethereum. The $3,900 – $4,100 Hurdle The $3,900 to…

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Ethereum Takes a Dip: Could $4,000 Be Next?

Ethereum (ETH) took a bit of a tumble, dropping 6.1% in the last day. It fell below $4,300 after failing to break through the important $4,500 resistance level. Institutional Buying Doesn’t Stop the Slide Interestingly, this happened even though a big institutional investor, BitMine (led by Tom Lee), bought around $84 million worth of ETH…

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Bitcoin vs. Gold: A Risk-Off Signal?

Bitcoin’s recent performance has sparked a debate among investors. Let’s dive into the details. Bitcoin’s Resilience Amidst Market Turmoil Bitcoin (BTC) has shown surprising resilience after a recent market selloff. While billions were lost in leveraged positions, Bitcoin’s price only dipped slightly – a relatively small correction considering the usual volatility. This has investors watching…

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