Bitcoin has been on a wild ride lately, with prices dropping over 19% from their peak. Experts are watching closely to see what’s next for the cryptocurrency. US Demand is Key The main reason for Bitcoin’s recent struggles is a lack of demand, particularly in the US. Coinbase, a popular US exchange, has seen a…
Bitcoin has had a rough start to September, dropping by almost 9% in the past week. While it has recovered slightly, things are still uncertain. A Red Market Alert Analyst Ali Martinez has issued a warning to investors. He’s using a metric called the Realized Price-to-Liveliness Ratio to predict Bitcoin’s future. This ratio basically tells…
The crypto world is abuzz with talk about two projects: Injective Protocol (INJ) and Mpeppe (MPEPE). Both are making waves, but in very different ways. The big question is: will INJ hit $20 before MPEPE reaches $1? Injective Protocol (INJ): A DeFi Powerhouse Injective has been a big player in decentralized finance (DeFi) for a…
Injective Protocol (INJ) is struggling. Even after some recent updates, investors are still selling off their INJ tokens. This has left many looking for other opportunities. Enter Mpeppe (MPEPE). This meme coin is making waves and is on track to become a top 50 cryptocurrency. But what makes Mpeppe (MPEPE) different from other meme coins?…
Solana (SOL), the popular Ethereum rival, might be on the verge of a price rebound, according to a well-known crypto analyst. Bullish Signal Ali Martinez, a crypto analyst with over 70,000 followers on X (formerly Twitter), has spotted a bullish signal for SOL. He’s using a technical indicator called the Tom DeMark (TD) Sequential Indicator,…
Jamie Dimon, the big boss at JPMorgan Chase, thinks the government should give low-income Americans a big tax break. He wants to change the Earned Income Tax Credit (EITC) so that it’s available to everyone who works, not just those with kids. A Big Boost for Families Dimon wants to make the EITC a $10,000…
Bitcoin (BTC) is struggling to gain ground, and a leading crypto analyst is pointing to a lack of demand as the culprit. Julio Moreno, head of research at CryptoQuant, says that demand for BTC is declining and “all valuation metrics are looking bearish.” Key Price Levels and Bearish Indicators Moreno highlights $55,000 as a key…
The US national debt has just exploded by a whopping $684 billion in just three months! That’s right, the amount of money America owes has skyrocketed, reaching a staggering $35.3 trillion. This comes just a month after the debt crossed the $35 trillion mark. Fitch Sounds the Alarm Fitch, a major credit rating agency, is…
Solana (SOL) is showing signs of life after a recent slump. The coin is on the rise, aiming for the $137 mark. This upward movement suggests that buyers are back in the game, and the market is feeling more optimistic. Bullish Signs on the Charts Looking at the 4-hour chart, Solana is on a strong…
Bitcoin took a tumble on September 6th, falling below $54,000 after hitting a high of $57,000 earlier in the day. This sudden drop was triggered by a disappointing US jobs report, which showed the economy added only 142,000 jobs in August, much lower than expected. Crypto Market in Turmoil The weak jobs data sent shockwaves…
