Prita Ghozie

Is Bitcoin’s Bottom In? One Analyst Thinks So

A crypto analyst known as Astronomer (@astronomer_zero on X) believes he’s found a reliable signal for when Bitcoin is at its lowest point. He’s looking at the cost of electricity miners use to produce Bitcoin. The Electricity Cost Signal Astronomer says that historically, when the cost of producing Bitcoin drops below its market price, it’s…

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Bitcoin: Still a Good Bet?

Is Bitcoin’s recent price dip a sign of things to come? Not according to one expert, who thinks the digital currency still has plenty of room to grow. A Long-Term View Will Clemente, a Bitcoin enthusiast, believes that investors should focus on the big picture when it comes to Bitcoin. He thinks the US government’s…

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Why Bitcoin and Ethereum are Taking a Dive

Bitcoin and Ethereum have been on a downward trend since the beginning of September. This slump in the crypto market is mainly due to a few big economic factors. The Yen Carry Trade is Still Affecting Crypto The Japanese Yen has been strengthening against the US dollar, causing investors to unwind their carry trade positions….

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