A Bitwise executive predicts that President Trump’s tariffs could significantly boost Bitcoin’s price. Jeff Park, head of alpha strategies at the firm, believes the tariffs are a strategic move by Trump to achieve two key objectives: weaken the US dollar and lower US Treasury yields. Trump’s Economic Strategy and its Impact Park argues that the…
A Temporary Setback? Crypto analyst Merlijn believes Bitcoin’s recent plunge to $91,000 was a “bear trap”—a deceptive price drop designed to shake out weaker investors. This isn’t the first time; similar dips happened during the 2017 and 2021 bull runs. After the initial sell-off, Bitcoin quickly bounced back above the crucial $100,000 mark. What Caused…
Bitcoin’s recent price drop below $100,000 sent shockwaves through the crypto market. While many investors panicked and sold, some remained surprisingly calm. Long-Term Holders Stay Strong Data from Glassnode shows that long-term Bitcoin holders (LTHs) weren’t significantly impacted by the dip. Only a tiny fraction (less than 0.01%) of their Bitcoin holdings were underwater. However,…
Shiba Inu (SHIB) whales have been making some seriously huge moves lately, shifting billions of dollars worth of tokens. Let’s dive into what’s happening. Massive SHIB Transfers Recently, data showed whales moved a mind-boggling 15.1 trillion SHIB in a single day! This happened while the overall crypto market, including SHIB, was experiencing a significant price…
Bitcoin’s price has been on a rollercoaster lately. A recent dip, fueled by trade war worries, quickly reversed after positive news about US trade negotiations. While the market is still volatile, a key indicator suggests a potential upswing. The Funding Rate Mystery CryptoQuant data shows something interesting: Bitcoin’s funding rate has turned negative for the…
Dogecoin (DOGE) has been taking a beating lately, but some analysts see signs of a potential rebound. Let’s look at what they’re saying. A “Channel Down” Pattern Suggests a Bounce One analyst, TradingShot, spotted a “channel down” pattern on DOGE’s chart. This pattern suggests a possible bounce above $0.30. They explained that DOGE’s price has…
Coinbase’s chief legal officer, Paul Grewal, is set to testify before the Senate Banking Committee about what many in the crypto industry see as unfair treatment. The hearing focuses on allegations of a new “Operation Chokepoint 2.0,” where regulators are supposedly blocking crypto companies from accessing banking services. The Regulatory Squeeze The hearing comes amid…
Crypto analyst Michaël van de Poppe is predicting a quick recovery for altcoins after a significant market correction. He believes the recent downturn, fueled by a large crypto liquidation, mirrors the 2020 COVID-19 crash. Altcoin Capitulation and the Road to Recovery Van de Poppe, who boasts a large following on X (formerly Twitter), says the…
A massive Ethereum (ETH) transfer just before a recent market dip has crypto watchers buzzing. Blockchain tracker Lookonchain revealed that a previously inactive wallet, dormant for six years, suddenly moved a whopping 77,736 ETH – worth about $228.6 million at the time – to the Bitfinex exchange. This happened right before Ethereum’s price tumbled to…
Arthur Hayes, the founder of BitMEX, is sticking to his prediction that Bitcoin and other cryptocurrencies will fall further before a massive price surge. Bitcoin’s Bottom? Hayes recently forecast Bitcoin (BTC) could plummet to $70,000 before skyrocketing to $250,000. He explained his bearish outlook, citing troubling economic indicators and the overall crypto market sentiment. He…
