Bitcoin’s been on a bit of a rollercoaster lately. After nearly hitting $100,000, it’s had a small dip. But don’t worry, some experts see this as a good sign. A Bullish Pattern Emerges Technical analysts have spotted a bullish pennant forming on the 3-day Bitcoin chart. This pattern often appears during strong upward trends. Think…
Bitcoin’s price is climbing, but some key indicators are flashing red. This means we might be heading for a correction. Warning Signals: What the Data Says A recent report from Alphractal, a data analysis firm, points to some worrisome trends. Two key metrics are raising concerns: Reserve Risk: This measures the relationship between Bitcoin’s price…
After the recent mini-bull run in crypto, XRP, Ripple’s token, has finally started to move. While Bitcoin soared and meme coins like Dogecoin saw gains, XRP lagged behind. But things are changing. XRP’s Breakout XRP recently broke through a seven-year resistance level, trading above $1.60 after briefly dipping. Analyst Robert Doyle (“Crypto Sensei”) believes this…
Shiba Inu (SHIB) is making headlines thanks to a massive jump in its burn rate. The burn rate—the amount of SHIB tokens permanently removed from circulation—shot up by a whopping 2,296% in just one day! What’s a Burn Rate, Anyway? SHIB uses a “burn mechanism” to decrease its overall supply. This makes each remaining token…
North Korea’s cyberattacks are costing the global economy billions. Recent reports from the Cyberwarcon cybersecurity conference confirmed what many suspected: North Korean hackers are infiltrating companies worldwide, disguised as everyday professionals. The “IT Worker” Scam Microsoft researcher James Elliot revealed that North Korean operatives are posing as IT workers, recruiters, and venture capitalists to gain…
Ethereum’s price is struggling. After a good run, it’s hitting a wall around $3,659. Let’s dive into what’s happening. What the Charts Are Saying The short-term picture (4-hour chart) isn’t pretty for Ethereum. It’s showing some serious bearish momentum, heading towards $3,360 and the 100-day Simple Moving Average (SMA). This SMA is a key support…
Data analytics firm Santiment says Bitcoin (BTC) is likely to keep climbing if a specific trend continues. This trend is all about the “Mean Dollar Invested Age” (MDIA). What is MDIA? MDIA measures the average age of all Bitcoins held in individual wallets. A falling MDIA is a good sign for Bitcoin’s price. It means…
A former high-ranking Federal Reserve official is facing a long prison sentence for using confidential information to make a fortune in the stock market. Guilty Plea and Charges Robert Brian Thompson, a senior manager at the Federal Reserve Bank of Richmond, pleaded guilty to insider trading and making false statements. The Department of Justice (DOJ)…
A prominent crypto analyst, known as Pentoshi, is predicting a significant price increase for Ethereum (ETH). Pentoshi, who correctly predicted the end of the 2022 crypto bull market, shared his bullish outlook with his large social media following. Ethereum’s Rise Against Bitcoin and the Dollar Pentoshi believes ETH will rally against both Bitcoin (BTC) and…
A popular crypto analyst, known as Bluntz, has shared his bullish predictions for several cryptocurrencies. With a large following on X (formerly Twitter), Bluntz’s opinions carry significant weight in the crypto community. Pepe (PEPE) Breakout Imminent? Bluntz believes the meme coin Pepe (PEPE) is poised for a significant price increase. After a recent correction of…
