A popular crypto analyst believes Bitcoin, Solana, and the broader crypto market are currently experiencing a “bear trap” – a temporary dip designed to shake out investors before a significant price surge. Bitcoin’s Bullish Signal The analyst, known as InvestAnswers, points to a “classic double bottom” pattern forming on Bitcoin’s chart around $82,000, suggesting a…
A crypto analyst who correctly predicted the end of Bitcoin’s 2021 bull run believes the current downturn might be over. Analyst’s Prediction Dave the Wave, a popular analyst on X (formerly Twitter), told his followers that Bitcoin is nearing its price bottom. He cites several technical indicators supporting this view: Multi-year support: Bitcoin is approaching…
Bitcoin and Ethereum have taken a major beating lately, with investors spooked by a combination of factors. The whole crypto world is struggling, mirroring the downturn in the US stock market. What’s Going On? The current economic climate is pretty rough. Trade war worries, unpredictable government decisions, and general economic instability are making everyone nervous….
Bitcoin’s recent price drop has been scary, hitting lows not seen since before its all-time high of $109,000. But don’t panic just yet! There are some interesting things happening behind the scenes. Big Investors Are Accumulating Bitcoin Despite the price dip, some major players are quietly buying up Bitcoin. Santiment, a crypto analytics firm, reports…
Trump’s administration is planning a major shift in how the US government views and interacts with cryptocurrencies. This could be huge news for the crypto market. Operation Chokepoint 2.0 and the Fightback The Biden administration’s “Operation Chokepoint 2.0” aimed to restrict crypto companies’ access to banking services. This move was met with strong opposition, particularly…
The SEC is possibly ditching a tough rule that would have forced many crypto companies to register as exchanges. This is great news for crypto! This could lead to a huge boom in the crypto market. What This Means for Crypto Currently, only a few big exchanges can legally operate in the US. If the…
Top stablecoins are booming, reaching a combined market cap of $204.7 billion, according to crypto analyst Ali Martinez. This is a record high, suggesting significant activity in the market. Record-Breaking Stablecoin Market Martinez, a well-known analyst with over 130,000 followers on X (formerly Twitter), reported that the top five stablecoins—Tether (USDT), USDC, USDS, Ethena’s USDe,…
Coinbase, a major US cryptocurrency exchange, is bringing around-the-clock futures trading for Bitcoin and Ethereum to its American customers. This means traders can now buy and sell contracts based on the future price of these cryptocurrencies at any time of day. Around-the-Clock Trading for US Customers The new service, launching in the coming weeks, is…
Caitlin Long, CEO of Custodia Bank, says the recent easing of crypto regulations by the Office of the Comptroller of the Currency (OCC) doesn’t signal the end of the government’s alleged campaign against the crypto industry. She argues that “Operation Choke Point 2.0” – the unofficial name for this alleged campaign – is far from…
Michael Saylor, the head of MicroStrategy (now called Strategy), is making a huge move in the crypto world. He’s announced a plan to sell $21 billion worth of company stock to buy even more Bitcoin. Going All-In on Bitcoin This bold strategy comes at a time when Bitcoin’s price has dropped significantly, and the overall…
