A popular crypto analyst, Pentoshi, is predicting a crypto market upswing. He believes the Federal Reserve is about to end its policies aimed at fighting inflation. The Fed’s Shift and Crypto’s Potential Pentoshi points to data suggesting the Fed will stop its “quantitative tightening” (QT) – essentially, reducing the money supply – by May. This…
Elon Musk recently claimed the US government uses computers to generate payments seemingly out of thin air, with a significant portion of these transactions going unreported. He made these comments during an interview on Senator Ted Cruz’s podcast. Trillions in Untracked Payments? Musk alleges that the Department of Government Efficiency (DOGE) has identified approximately 14…
Institutional investors are pulling out of the crypto market in a big way. According to CoinShares, last week saw a massive $1.7 billion exodus from crypto investment products. A Bleak Week for Crypto This marks the fifth straight week of outflows, totaling a staggering $6.4 billion over the period. It’s also the longest losing streak…
A popular crypto analyst, TechDev, is forecasting significant price increases for both Bitcoin (BTC) and altcoins. He believes the market is poised for a major rally, similar to those seen in 2017 and 2021. Bitcoin Breakout? TechDev points to a technical chart pattern suggesting Bitcoin is ready to break through a key resistance level. He’s…
Bitcoin’s price has been stuck between $82,000 and $84,000 lately, and the excitement about a quick jump above $90,000 is fading. But don’t count Bitcoin out just yet! The Cup and Handle Pattern A technical analysis suggests a big Bitcoin rally might be on the horizon. The price action is looking a lot like a…
Cardano, the blockchain platform, is working with NASA! This isn’t just some small project; it’s a significant collaboration focusing on big data management and tracking. Tracking Everything from Hoodies to Satellite Data Cardano’s CEO, Frederik Gregaard, spilled the beans on this exciting partnership. He explained that NASA is using Cardano’s blockchain technology to track and…
Could Dogecoin be on the verge of a massive price surge? One crypto analyst thinks so. They’ve spotted a repeating pattern in Dogecoin’s price history that suggests a potential rally to over $10. A Repeating Pattern A technical analyst on X (formerly Twitter) noticed something interesting about Dogecoin’s price chart. Looking at the weekly chart,…
Bitcoin’s doing something interesting, and it might not be good news. A key indicator, the “Supply Stress Ratio,” just hit its highest point since September. Let’s break it down. Understanding the Supply Stress Ratio The Supply Stress Ratio is a measure of how much Bitcoin is currently held at a loss. Think of it like…
Dogecoin, Elon Musk’s favorite meme coin, is facing some turbulence. A massive sell-off by miners has analysts predicting potential price drops. Miners Dump Millions of DOGE Crypto analyst Ali Martinez reported that Dogecoin miners sold a whopping 65 million DOGE tokens in just 48 hours. This huge sell-off has raised concerns about a potential price…
A guy involved in two failed memecoins has launched another one, even though Interpol might be looking for him. A Risky New Venture Blockchain sleuths at Bubblemaps say Hayden Davis is behind a new cryptocurrency called WOLF, inspired by the movie The Wolf of Wall Street. Davis previously admitted to creating LIBRA, a memecoin briefly…
