Bitcoin has been on a rollercoaster ride lately, and it seems like it’s taken another tumble. Over the weekend, BTC dipped below $58,000, hitting a low of $57,100 – a level not seen since mid-August. Coinbase Users Turn Sellers So what’s behind this latest dip? One potential culprit is the Coinbase Premium Index. This index…
Crypto markets are feeling the heat as investors pull back their money. Last week saw a whopping $305 million outflow from crypto investment products, with Bitcoin taking the biggest hit. The US Leads the Outflow Trend The US saw the most significant outflows, with $318 million leaving the market between August 26th and August 31st….
Ethereum’s price has been disappointing lately, dropping significantly in the last few months. Many ETH investors were hoping for a big jump after the launch of Spot Ethereum ETFs, but that hasn’t happened. History Repeating Itself? But there might be a silver lining. A popular crypto analyst, Benjamin Cowen, noticed a striking similarity between Ethereum’s…
Elon Musk, the world’s richest man, has dropped a hint that Dogecoin (DOGE) could be making a return as a payment method for Tesla merchandise. This comes after Musk won a lawsuit accusing him of manipulating the price of Dogecoin. Musk’s Dogecoin Love Musk, in a recent X (formerly Twitter) post, replied “Me” to a…
Get ready for the third annual Staking Summit, happening in Bangkok, Thailand from November 8th to 9th! This two-day event is expected to be the largest gathering of staking enthusiasts, bringing together industry experts, validators, and investors to discuss the future of Proof-of-Stake (PoS). A Focus on Innovation and Growth The summit will cover a…
A popular crypto analyst thinks Bitcoin (BTC) is about to hit its lowest point this month. Bitcoin Could Bounce Back in Q4 The analyst, known as Rager, believes that Bitcoin will start to recover in the last quarter of the year, even if it hits a low point this month. He thinks the exact timing…
A well-known trader, The Flow Horse, is predicting a slow but painful decline for Bitcoin unless big investors step in to buy. He sees Bitcoin following the same pattern as Ethereum, which has been steadily dropping in value against Bitcoin for months. The Flow Horse’s Prediction The Flow Horse, who has over 200,000 followers on…
Ethereum’s mastermind, Vitalik Buterin, has declared he hasn’t sold any of his ETH for personal gain since 2018. He’s only parted with his Ethereum to support projects within the Ethereum ecosystem and charitable causes. Supporting the Ethereum Ecosystem Buterin clarified that any ETH sales have been directed towards projects he believes in, both within the…
Bitcoin’s price has been on a downward trend recently, and there are a few reasons why. Recession Fears The possibility of a US recession is causing a lot of anxiety in the financial markets, and Bitcoin is no exception. The Federal Reserve is getting ready to make a decision about interest rates, and many people…
Bitcoin had a rough August, losing over 8% of its value. This follows a similar trend from April, where the price dropped even more significantly. Now, some are worried that September will bring even more pain for Bitcoin investors. The Curse of September 5th? One analyst, known as @thedefivillian on X, believes a major Bitcoin…
