Bullish Outlook for Ethereum Crypto analyst Michaël van de Poppe is optimistic about the future of Ethereum (ETH), the second-largest cryptocurrency by market capitalization. He believes that ETH is poised for a significant rally, potentially reaching $3,500, a level not seen since April 2022. Technical Analysis Van de Poppe’s analysis suggests that Ethereum has successfully…
Bitcoin has climbed above $44,000 for the first time since January, and several factors are believed to be behind this price surge. Bitcoin Whales Accumulate More BTC According to crypto analyst Ali Martinez, Bitcoin whales have been actively accumulating more BTC. In the past two weeks, around 73 new addresses have acquired 1,000 BTC or…
Dave the Wave, a well-known crypto analyst, predicts that Bitcoin (BTC) could reach close to $200,000 by 2025. Logarithmic Monthly Moving Average Convergence Divergence (LMACD) Dave the Wave bases his prediction on Bitcoin’s logarithmic monthly moving average convergence divergence (LMACD), a long-term momentum indicator. He believes that the LMACD indicator shows that BTC has reached…
Analyst’s Forecast A cryptocurrency expert from Cheeky Crypto has made a bold prediction for Bitcoin’s future. During a recent episode on YouTube, the analyst revealed that he expects Bitcoin to surge to $45,000 before experiencing a correction. This prediction is based on the recent positive momentum in the market and the breakout of Bitcoin’s price…
Bitcoin has seen a remarkable surge of over 4% in the past 12 hours, breaking out of a recent lull. This follows a bull pennant breakout, with the price now targeting $55,000. Bullish Pennant Breakout The 4-hour Bitcoin (BTC/USD) chart shows the cryptocurrency trading at $44,609, having just broken out of a bullish pennant pattern….
Bitcoin has recently made a remarkable recovery, surpassing the $44,500 mark. This surge in value has sparked curiosity among investors and analysts, leading to speculation about the underlying factors contributing to this upward trend. Factors Behind the Bitcoin Price Surge 1. Accumulation by Bitcoin Whales: On-chain data from Santiment reveals a significant increase in the…
Bitcoin (BTC) has made a remarkable comeback, reaching a four-week high of $44,300 and approaching the coveted $45,000 level. This surge is attributed to a combination of factors, including renewed accumulation by major investors, record highs in US equity markets, and a surprise regulatory change in Thailand. Whale Activity Fuels Bitcoin’s Resurgence Bitcoin’s rally was…
Potential Conflict of Interest Raises Concerns US prosecutors have called for a thorough examination of the cases involving former Celsius CEO Alex Mashinsky and FTX founder and former CEO Sam Bankman-Fried. The concern stems from the potential conflict of interest arising from the shared legal representation of both crypto companies. US Prosecutors Address Conflict of…
Ethiopia: A Haven for Cryptocurrency Firms Chinese Bitcoin miners are flocking to Ethiopia in a strategic move driven by the country’s low electricity costs and embrace of Bitcoin mining. This unexpected partnership sets the stage for a unique collaboration in East Africa. Ethiopia’s Bitcoin Bet: Navigating Geopolitical Complexity Despite a ban on cryptocurrency trading, Ethiopia…
The National Basketball Association (NBA) and former Dallas Mavericks owner Mark Cuban are facing a lawsuit over their promotional links with the now-defunct crypto exchange Voyager Digital Holdings Inc. Allegations of Negligence and Fraud The lawsuit, filed in Miami, accuses the NBA and Cuban of “gross negligence” in their marketing partnership with Voyager. It also…
