Last week, big money flowed into crypto investments, with a whopping $533 million pouring in. This surge was likely triggered by comments from Federal Reserve Chair Jerome Powell, who hinted at possible interest rate cuts. Bitcoin Leads the Charge Bitcoin was the biggest beneficiary, seeing $543 million in inflows. This shows how sensitive Bitcoin is…
A well-known crypto trader, known as Altcoin Sherpa, is feeling optimistic about Bitcoin’s future. Despite some bearish signals on the daily chart, he believes that improving economic conditions and a decrease in selling pressure are good news for Bitcoin. Macro Factors and Supply Overhang Sherpa is particularly encouraged by recent economic developments. The Federal Reserve…
Bitcoin is showing signs of life again, with investors feeling more confident about taking risks in the crypto market. Back to the Bull? Crypto exchange Bitfinex says Bitcoin’s recent price surge is a sign that risk appetite is returning to the market. They point to a few key factors: Bitcoin is moving in sync with…
For years, Bitmain, a Chinese company, ruled the Bitcoin mining world. They controlled almost all the specialized computers used to power the Bitcoin network. But things are changing. Trump’s Influence Former President Trump, who used to be skeptical about crypto, is now a big fan of Bitcoin. He wants the US to become the leader…
Toncoin, the native currency of the Tonchain blockchain, has been experiencing some rough waters lately. Despite being a top 10 cryptocurrency, it’s been on a downward trend, raising concerns about its future. A Big Sell-Off Sparks Fear Over the past week, Toncoin has dropped by almost 18%, although it has stabilized somewhat in the last…
Last week, investors poured a ton of money into crypto, marking the biggest influx in five weeks. This surge is likely fueled by hopes that the Federal Reserve might soon lower interest rates. Bitcoin Leads the Charge Bitcoin was the star of the show, attracting the majority of the new investments. This surge in interest…
Bitcoin has been on a roll lately, hitting a high of $64,000. This surge has made investors feel pretty optimistic, which is reflected in the Bitcoin Fear & Greed Index. What is the Bitcoin Fear & Greed Index? The Fear & Greed Index is like a mood tracker for Bitcoin investors. It tells us whether…
A well-known crypto trader who correctly predicted the 2022 market crash is now predicting a major breakout for Bitcoin and altcoins. Bitcoin Breakout Incoming? The trader, known as Capo, believes the recent Bitcoin (BTC) bounce was just a “test pump” and the real rally is yet to come. He says that a convincing break above…
Crypto analyst Benjamin Cowen has shared his predictions for Ethereum (ETH) in 2024. He believes that while ETH might see a rally, it’s unlikely to break through the $3,000 mark. A Potential Rally, But Limited Growth Cowen, who has a large following on YouTube, points to historical market cycles. He suggests that ETH, which has…
A big-time investor is loading up on Dogwifhat (WIF), a popular memecoin on the Solana blockchain. This whale, as crypto investors call them, has been buying up hundreds of thousands of WIF tokens. Whale’s WIF Strategy This investor, who holds a whopping 28 million WIF, has been making a killing on the coin. They bought…
