Bitcoin Correction on the Horizon Crypto expert Cold Blooded Shiller warns that Bitcoin may be heading for a significant correction of up to 30%. Despite recent strength, the market’s volatility suggests a potential pullback. Historical Precedents Shiller notes that 30% pullbacks are common for Bitcoin historically. If this trend repeats, the price could drop to…
Crypto analyst Loma believes that BNB, the native asset of the BNB Chain, is poised for growth. Technical Strength Loma notes that BNB is showing positive signs from both a technical and fundamental perspective. The coin has been trading with strong funding rates, indicating that whales are hedging against spot holdings for fee reductions. Regulatory…
Losses Outpace Profits Bitcoin investors are facing a bumpy ride as the digital currency’s value fluctuates. Data shows that investors are currently losing more money than they’re making. This is a significant shift from the recent past, where profits dominated. Rollercoaster Ride Bitcoin’s price has been on a rollercoaster over the past 24 hours. It…
Miners’ Influence on Price In the early days of Bitcoin, miners had a significant impact on its price. However, as the market has matured, miners’ influence has waned. This is due to increased diversification of Bitcoin holders and the growth of sophisticated financial instruments. Halvings and Monetary Policy Bitcoin halvings occur during key economic turning…
Bullish On-Chain Metrics 83% of DOGE holders are in profit. 65% of holders have held for over a year. More DOGE is being moved to self-custodial wallets. A whale transferred 150 million DOGE off exchanges. Upcoming Bullish Events DOGE Day on April 20th (predicted price surge to $0.26). Bitcoin Halving around the same time. Coinbase…
Despite the recent market downturn, Bitcoin whales have remained calm and held onto their coins. Whales Accumulating since March On-chain data from Santiment shows that large BTC holders (whales) have been accumulating since March 1st. The “Supply Distribution” indicator reveals that the following cohorts have increased their holdings: Sharks (100-1,000 BTC): 43,489 BTC ($2.72 billion)…
Bitcoin has been struggling lately, with geopolitical tensions causing a sharp drop in its price. But one prominent investor, Samson Mow, remains optimistic. Mow’s View on Bitcoin’s Future Mow believes the current market volatility is just a temporary setback. He’s confident that Bitcoin will bounce back stronger in the long run. He calls this future…
Iraq’s Energy Sector Modernization During a meeting with US officials, Iraq’s Deputy Prime Minister, Muhammad Ali Tamim, discussed plans to modernize Iraq’s energy sector and diversify its economy. One topic was capturing flare gas, a byproduct of oil extraction that is often wasted. Bitcoin Mining and Flare Gas Flare gas can be converted into electricity…
Strategic Accumulation As Ethereum’s price dipped, “whales” (large investors) jumped at the opportunity to buy. One whale, known as “0x435,” spent a whopping $70 million to acquire 23,790 ETH at a price of around $2,930. Timing is Everything The whale’s actions were part of a broader trend of Ethereum accumulation by large holders. On-chain analytics…
A well-known analyst predicts that altcoins will experience a period of subdued price action in the coming months due to the recent market correction. Lack of Retail Inflows Dampens Altcoin Prospects The analyst, The Flow Horse, believes that altcoins will trade sideways until July. According to him, the absence of new retail inflows will keep…
