Bitcoin mining hashrate, a measure of the computing power used to secure the Bitcoin network, has just reached a new all-time high. This means miners are finding Bitcoin profitable and are investing more resources into the network. What is Hashrate? Hashrate is basically the total amount of computing power that miners are using to solve…
Bitcoin (BTC) has been stuck in a rut, failing to break through the crucial $70,000 mark. This has led to some investors getting squeezed out, with over $190 million in crypto liquidations in the past 24 hours. Liquidations Hit Hard The biggest losers were Bitcoin traders, with $47.7 million in liquidations. Ethereum (ETH) wasn’t far…
Leverage is on the rise in the Ethereum market, and that could mean big swings for the price. Leverage: A Risky Game The “Estimated Leverage Ratio” is a measure of how much risk traders are taking on in the Ethereum derivatives market. It compares the total amount of open derivatives positions (open interest) to the…
A popular crypto analyst, known as Inmortal, thinks Ethereum (ETH) is about to explode. He’s predicting a 75% surge, pushing ETH to $4,100. He says ETH is looking strong and is ready to break out after a period of consolidation. Solana’s Second Act? Inmortal is also keeping an eye on Solana (SOL). He sees a…
The United Arab Emirates (UAE) is becoming a hot spot for crypto trading, thanks to its “sensible” approach to regulations, according to industry experts. Hedge Funds See Opportunity Brevan Howard, a massive $35 billion hedge fund, is particularly interested in the UAE. Ryan Taylor, the firm’s head of compliance, said at a Dubai conference that…
Crypto analyst Jason Pizzino thinks Bitcoin might not take a big dip before it keeps going up. He says that in the past, Bitcoin has often done the opposite of what people expect. Bitcoin’s Six-Month Climb Pizzino points out that Bitcoin’s climb to a record high earlier this year lasted about six months. He thinks…
Crypto analyst Benjamin Cowen is warning that Ethereum (ETH) could be in for a major price drop, similar to what happened in 2019. He believes that the Fed’s rate cuts could trigger a decline in ETH’s value. Fed Rate Cuts and Ethereum’s Past Cowen, who has a large following on YouTube, points to the correlation…
A crypto analyst thinks Bitcoin is about to skyrocket, drawing comparisons to gold and the S&P 500. They say Bitcoin is forming a “cup and handle” pattern, which often leads to massive price increases. The Cup and Handle Pattern The analyst explains that this pattern is like a textbook example on a big-picture chart. It…
A crypto expert, Sina, is predicting that Bitcoin could reach a whopping $285,000 by the end of 2025. He’s using a fancy model called a quantile regression model to make this prediction. Bitcoin’s Price Zones: Cold, Warm, and Hot Sina’s model divides Bitcoin’s price cycle into three zones: Cold Zone (below 33%): This zone, ranging…
The crypto world is buzzing with excitement as Dogecoin and Shiba Inu battle for price dominance. But a new player is emerging, ready to shake things up: ETFSwap. A New Contender Enters the Ring ETFSwap is a platform that allows investors to trade Exchange-Traded Funds (ETFs) in a decentralized way. This means you can access…
