Get ready for a potential crypto market slump in September, according to Bitfinex. The crypto exchange predicts that Bitcoin (BTC) could plummet as low as $40,000 in the coming weeks, a 30% drop from its current price. Why the gloomy forecast? Bitfinex points to the “sell-the-news” effect that could follow upcoming interest rate cuts. This…
A popular crypto analyst is sounding the alarm, saying that Bitcoin’s recent price drop might be more than just a temporary dip. He’s pointing to some key indicators that suggest investors are losing interest in the cryptocurrency. Bitcoin’s Warm Supply Realized Price: A Bearish Sign? One of the indicators the analyst is watching closely is…
Fundstrat’s Tom Lee is urging investors to be cautious about the market until the 2024 US election is over. He thinks the next eight weeks could be a good time to buy the dip, as the market has been on a tear lately. Lee sees a potential “Trump trade” brewing, especially in Bitcoin and energy….
The meme coin market is in a major slump. Big names like Dogecoin and Shiba Inu are taking a nosedive, and the overall value of meme coins has fallen below $40 billion. A Market Crash and a Loss of Interest The recent crash shows just how fragile the meme coin market is. It’s all about…
The XRP Ledger community is buzzing after Ripple announced they’ll be building native smart contracts for the XRP Ledger. This news has caused a stir, particularly for Wietse Wind, founder of XRP Labs and the mastermind behind Hooks, a smart contract functionality he’s been developing for the XRP Ledger since 2020. A Developer’s Disappointment Wind…
Bitcoin has been on a rollercoaster ride lately, with prices swinging wildly. Since late August, it’s dropped below a key level of $60,000, leaving many investors feeling nervous. But could this be just a temporary dip before a big surge? History Repeating? Some analysts are drawing parallels between Bitcoin’s current situation and its 2016 bull…
This story is about a bizarre robbery in Scotland where a man was threatened with a machete and a Toblerone bar for his Bitcoin. The Robbery The incident took place in a quiet neighborhood near Glasgow. Three masked men broke into the victim’s home, using a machete and a Toblerone bar to intimidate him. One…
Top traders are divided on the future of Solana (SOL), with one predicting a big drop and others seeing a potential bounce. Bearish Predictions: One popular crypto analyst, known as Bluntz, is warning that SOL could be headed for a significant decline. He’s using the Elliott Wave theory to predict that SOL against Bitcoin (SOL/BTC)…
Jeremy Allaire, the CEO of Circle, believes digital currencies will revolutionize how we move money, just like the internet revolutionized information sharing. Zero-Cost Transactions: The Future of Money Allaire compares the internet’s ability to connect computers and share information to the potential of blockchain technology. He says that digital currencies will make it almost free…
A popular crypto analyst thinks Bitcoin (BTC) is on track to repeat the incredible growth of the Japanese stock market in the late 1980s. Bitcoin’s Future: A Japanese Stock Market Mirror? TechDev, a well-known analyst, has shared charts comparing Bitcoin’s performance since 2010 with the Nikkei 225, a major Japanese stock index, from 1950 to…
