Bitcoin’s Future is Bright Bitcoin is currently trading around $58,000 – $60,500, and it’s hard to say where it will peak. But one analyst, Lark Davis, thinks it could hit a whopping $190,000! Rainbow Pattern Points to Big Gains Davis, known for his insights into the crypto market, spotted a “Rainbow Pattern” on Bitcoin’s chart….
Cardano (ADA), a popular cryptocurrency, has seen its user base stagnate over the past year. This means that the number of people holding ADA hasn’t increased significantly. Why is Cardano’s Adoption Stalling? According to IntoTheBlock, an analytics firm, Cardano’s growth in user base slowed down during the 2022 bear market and has completely flatlined since…
Shiba Inu (SHIB) is making headlines again, thanks to a huge increase in activity from big-money investors, known as “whales.” This could mean a big price jump for the meme coin is on the horizon. Whale Watching: A 240% Surge in Large Transactions Data from IntoTheBlock shows a massive spike in large transactions involving Shiba…
Bitcoin’s recent price action has been a rollercoaster, but there’s a glimmer of hope on the horizon. Long-term holders (LTHs) and big investors are starting to buy Bitcoin again, a trend that could signal a bullish future for the cryptocurrency. The Bullish Signs After a period of selling off their Bitcoin, LTHs are now accumulating…
A top financial expert is warning investors that holding US Treasury bonds could be a risky move. Luke Gromen, a veteran macro investor, believes the value of the US dollar will eventually crash, making those bonds worth much less. The Problem with US Manufacturing Gromen argues that the US’s lack of domestic manufacturing is a…
Tether CEO Paolo Ardoino thinks the world is heading towards some rough times, and he’s recommending Bitcoin and gold as a way to protect your wealth. A World on Edge Ardoino sees a lot of tension around the globe, from Europe to the US, and believes that this uncertainty will make scarce assets like Bitcoin…
Cardano founder Charles Hoskinson is sounding the alarm for the crypto industry as the 2024 US presidential election heats up. He claims the Biden-Harris administration is still hostile towards crypto, despite recent reports suggesting a change in attitude. “A Vote for Harris is a Vote Against the American Crypto Industry,” Hoskinson warns on social media….
An economist who correctly predicted the US economy would show signs of weakness in mid-2024 is now warning of a huge crash in the crypto market. The Biggest Bubble Ever? Henrik Zeberg says the US economy is experiencing its biggest bubble in almost a century. He points to the US stock market’s value compared to…
Even though the price of many cryptocurrencies dropped last week, investors kept buying Ethereum and Solana. Big Money Flowing In According to a report, investors put a whopping $176 million into these cryptocurrencies last week. This happened across the globe, showing that people are still really interested in crypto. Ethereum Takes the Lead Surprisingly, Ethereum…
Ethereum is making serious strides in scaling, and a leading market expert says it’s unstoppable. Layer 2 Solutions Fueling Growth Leon Weidmann, head researcher at Onchain Foundation, is confident that Ethereum’s scaling progress is unstoppable, even amidst market uncertainty. He points to the impressive growth of Layer 2 solutions, like rollups, which are significantly improving…
