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Bitcoin’s price has been pretty stable lately, bouncing around between $83,000 and $86,000. Analyst Burak Kesmeci has pointed out some important price levels to keep an eye on for short-term movements. Support and Resistance Levels Kesmeci’s analysis, shared on X, uses the average cost basis of Bitcoin investors to identify key support and resistance levels….
Bitcoin’s price has been a bit of a rollercoaster lately. While there was a small price bump in April, it hasn’t really taken off yet. But there’s some good news. Long-Term Holders Are Sticking With Bitcoin Crypto analyst Axel Adler Jr. spotted something interesting: Long-term Bitcoin holders (LTHs) are selling less than ever. Data from…
Bitcoin’s price has been stuck below $90,000 for a while now, making many investors nervous. The overall market is cautious because of rising global tensions, especially between the US and China. Trade wars and recession fears are making people move their money out of risky investments. Bitcoin’s Relative Strength But there’s some good news. One…
A little-known cryptocurrency, BANK, experienced a huge price jump after Binance, the world’s largest cryptocurrency exchange, announced it would list perpetual futures contracts for the token. Binance Listing Sends BANK Skyrocketing The news sent BANK’s price soaring. On its launch day, April 18th, BANK started at $0.03. Within hours, it hit a high of $0.057….
Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, is predicting a massive surge in Bitcoin’s price. He believes a major economic downturn is on the horizon, potentially leading to a “great depression.” A Bleak Economic Outlook, But a Bitcoin Boon? Kiyosaki foresees millions falling into poverty during this economic crisis. However, he…
Crypto billionaire Barry Silbert is placing a big bet on artificial intelligence (AI) as the next major trend in the crypto world. He revealed his strategy in a recent interview. A New Venture Focused on AI Silbert announced a new company, Yuma, dedicated solely to Bittensor (TAO). Bittensor is a decentralized blockchain network designed to…
Veteran trader Peter Brandt isn’t feeling bullish about the end of the year. He’s shared some pretty pessimistic price targets for major assets, including the S&P 500, Bitcoin, and Ethereum. Let’s break down his predictions: S&P 500: A Year-End Dip? Brandt sees a bearish outlook for the S&P 500. After breaking below the 5800 support…
A huge fight has broken out between crypto leaders and banking watchdogs over how to deal with the booming crypto market. CoinFund’s president, Christopher Perkins, thinks the Bank for International Settlements (BIS) recent suggestions on crypto rules are a serious threat to the entire financial system. Regulators Want to Isolate Crypto The BIS released a…
Schwab Enters the Crypto Game (Carefully) Big financial firm Charles Schwab is finally letting customers trade cryptocurrencies like Bitcoin starting next year. This is a big deal, as they’ve been pretty hesitant about crypto in the past. However, they’re still warning everyone that crypto could become completely worthless because it doesn’t have the same kind…
Bitcoin is hanging around $85,000, neither soaring nor crashing. It’s a bit of a stalemate, stuck between $81,000 (the support level – meaning if it drops below this, things could get worse) and $88,000 (the resistance – if it breaks through this, we could see a big jump). Futures Market Shows Strength Despite the global…
