Ethereum recently saw a massive 21% jump from its low of $1380, fueled by positive news on global trade. But is this a real turnaround, or just a temporary blip? A Quick Rebound, But Challenges Remain While the price increase was exciting, Ethereum is still trading below key levels. Analysts are cautious, noting that the…
Helium, a Solana-based cryptocurrency project focused on decentralized wireless networks, is celebrating a significant victory. The US Securities and Exchange Commission (SEC) has dropped its lawsuit against the project’s developers, Nova Labs. SEC Drops the Hammer (Gently) The SEC initially accused Nova Labs of violating securities laws by distributing unregistered securities. However, Nova Labs agreed…
Michael Platt, the billionaire owner of BlueCrest Capital, is having a phenomenal year. His firm is reportedly up 20% for the year, even after fees. A Winning Strategy Platt’s success is attributed to some savvy bets made during the volatility caused by President Trump’s trade policies. He used a lot of leverage to capitalize on…
A popular crypto analyst believes Ethereum (ETH) could be undervalued right now. This is based on an on-chain indicator called Entity-Adjusted Dormancy Flow. Dormancy Flow Suggests a Bottom Trader Ali Martinez pointed out that the Entity-Adjusted Dormancy Flow for ETH has dipped below one million. Historically, this signals a potential market bottom. According to Martinez,…
The SEC’s acting chairman, Mark Uyeda, thinks a short-term solution could help the US crypto industry thrive. He believes this approach would allow for innovation while the SEC works on long-term regulations. Boosting Crypto Innovation Uyeda highlighted blockchain’s potential to make securities trading faster and more efficient. He mentioned using blockchain for managing collateral and…
Is Bitcoin headed for a bull run or a bear market? Experts are divided. A Bearish Outlook Technical analyst Tony Severino isn’t convinced the Bitcoin market is as rosy as some influencers suggest. He’s looking at the Bitcoin/VIX indicator and seeing signals typically associated with bear markets. While he acknowledges the month isn’t over and…
A crypto analyst, BTCEarth, believes Bitcoin is poised for a significant price jump. Their analysis suggests a bottom may have formed, setting the stage for a bullish reversal. Holding the Line: Key Support and Bottom Formation BTCEarth points to a crucial support level that Bitcoin has repeatedly tested and held. This level, originally identified during…
Bitcoin’s price has been a wild ride lately. After hitting a six-month low on April 9th, it bounced back above $80,000. But is this just a temporary reprieve? A Double Top Pattern? One analyst, Ali Martinez, thinks so. He’s spotted a “double top” pattern on the hourly Bitcoin chart. This pattern, shaped like an “M,”…
Bitcoin recently took a 30% dive, dropping below $75,000. But it’s bounced back, and there are signs the bull market might still be alive. A Temporary Dip or Something More? The crypto market’s recovery followed some positive news: President Trump announced a 90-day pause on tariffs (except for China). This eased trade war worries and…
Bitcoin’s price has been a rollercoaster lately. After dipping below $75,000, it bounced back to over $83,000. But analysts at CryptoQuant see potential roadblocks ahead. Major Resistance Zones Identified CryptoQuant, using their “Realized Price” metric, pinpointed two significant resistance levels for Bitcoin: $84,000 and $96,000. The Realized Price reflects the average price at which Bitcoins…
