Bitcoin’s price is flirting with all-time highs again, and many believe a huge price jump is coming soon. Let’s dive into why. A Year After the Halving: Consolidation and What’s Next It’s been a year since the last Bitcoin halving, and the price has been consolidating near its peak. While it briefly hit $112,000, it’s…
Ethereum is currently trading around $2,500, having recently failed to break through the $2,700 mark. Despite this setback, many believe a significant price increase is on the horizon. A Bullish Pattern Emerges? Analyst Ted Pillows sees a promising sign: an inverse head and shoulders pattern forming on the 12-hour chart. This pattern is often a…
The crypto world is buzzing! Everyone’s chasing the next big thing, hoping to repeat the massive gains seen in previous altcoin seasons. This isn’t just hype; it’s market-moving energy. Smart traders are hunting for the next low-cap gem before it explodes, and Solaxy ($SOLX) is looking like a strong contender. The Return of Narrative-Driven Trading…
Cathie Wood, CEO of ARK Invest, believes that crypto exchange-traded funds (ETFs) are here to stay, even with the increasing adoption of crypto wallets. She argues that many investors prefer the simplicity and convenience of ETFs. ETFs: Simple, Wallets: Not So Much While there are reportedly 200 million active Bitcoin wallets globally, US spot Bitcoin…
The Federal Reserve recently made a big, quiet move: buying $43.6 billion in US Treasury bonds in just one week. This has some people worried that the Fed is secretly trying to boost the economy through a process called “quantitative easing” (QE), but without making a big announcement. A Sneaky Purchase? The Fed’s purchases included…
Stagflation Fears Rise The president of the Chicago Federal Reserve Bank, Austan Goolsbee, is worried about President Trump’s unpredictable tariff policies. He says these policies could trigger stagflation – a nasty mix of slow economic growth, high inflation, and high unemployment. Goolsbee told CNBC that the Fed might need to postpone any decisions on interest…
Chainlink, a decentralized oracle network, is crushing the competition in terms of development activity within the real-world asset (RWA) sector of cryptocurrency. Chainlink’s GitHub Dominance According to analytics firm Santiment, Chainlink (LINK) had a whopping 532.43 notable GitHub events in the last month. That’s far ahead of the second-place project, Avalanche (AVAX), which only managed…
Semler Scientific, a US medical tech company, just added another $50 million worth of Bitcoin to its collection. A Massive Bitcoin Purchase Between May 13th and 22nd, the company snapped up 455 Bitcoin at an average price of $109,801 per coin (including fees). This brings their total Bitcoin holdings to a whopping 4,264 BTC. A…
Dogecoin has been on a bit of a rollercoaster lately. While it dipped slightly in the last 24 hours, its performance over the past week has been pretty impressive. A Bullish Breakout Dogecoin rallied from a low of $0.16 to a high of $0.26 on May 23rd, breaking through a key resistance level around $0.22…
This bull market is looking very different from 2021’s, and altcoins are feeling the pinch. Bitcoin’s price just hit a new all-time high, but the usual altcoin frenzy isn’t happening. Why? Let’s dive in. Institutional Investors Are Calling the Shots Matrixport, a crypto firm, points out that this Bitcoin rally is being driven by big…
