As Bitcoin’s halving event on April 19th draws near, miners are doing something unusual. Instead of selling off their coins like they did before the 2016 and 2020 halvings, they’re holding on tight. Miners Accumulating Bitcoin Data shows that since the start of 2024, miners have added over 12,000 BTC to their holdings, bringing their…
Crypto investment firm Bitwise warns that the market may be underestimating the long-term price effects of Bitcoin halvings. Halving History After previous halvings in 2012, 2016, and 2020, Bitcoin’s price initially rose or fell modestly in the first month. However, it soared in the following years: 8,839% after the 2012 halving 285% after the 2016…
Bitcoin Crypto trader Ali Martinez believes Bitcoin (BTC) could rise by 36% if it breaks above a key resistance level of $72,400. However, a drop below $61,000 could lead to a 18% decline. Ethereum Ethereum (ETH) has a support level between $2,000 and $2,430. Martinez predicts a potential pullback of 18% before an upward trend….
Cryptocurrency analyst Benjamin Cowen believes Ethereum (ETH) will continue to struggle against Bitcoin (BTC) in the short to medium term. ETH/BTC Pair to Fall Further Cowen predicts that the ETH/BTC pair could drop up to 38% from its current level, as Bitcoin’s dominance strengthens. At the time of writing, ETH/BTC trades at 0.04869000 BTC ($3,070)….
Cryptocurrency analyst Kevin Svenson believes Bitcoin (BTC) is still on an upward trajectory, despite recent setbacks. Exponential Trend Intact According to Svenson, as long as Bitcoin holds above the $50,000 support level, the parabolic trend remains intact. He explains that Bitcoin’s lows are currently exponential, indicating a continued upward trajectory. Cautionary Note However, Svenson warns…
Introduction Amidst global uncertainty, there lies potential for growth. Economic downturns, conflicts, and inflation have historically ushered in new beginnings and opportunities. The Rise of New Technologies Artificial Intelligence (AI) is transforming industries, creating new possibilities. Cryptocurrencies are gaining acceptance as borderless assets, attracting investors seeking financial security. Copy Trading: A Path for Beginners Copy…
Despite recent price drops, Shiba Inu marketing team member Lucie remains optimistic about the cryptocurrency’s long-term prospects. Historical Market Trends Lucie analyzed Bitcoin’s historical price movements and found similarities to Shiba Inu’s current situation. In the past, Bitcoin experienced bottom and re-accumulation phases before entering bull markets. Shiba Inu’s Potential Based on these trends, Lucie…
Tether, the company behind the USDT stablecoin, is shaking things up with a major reorganization and expansion plan. They’re splitting into four divisions to go beyond just stablecoins: The Four Divisions Data: Investing in cutting-edge tech like AI and P2P platforms. Finance: Expanding stablecoin offerings and building new blockchain-based financial tools. Power: Focusing on sustainable…
Crypto analyst Ash Crypto has shared his predictions for the next 12-15 months, including Dogecoin and XRP. Dogecoin Ash Crypto predicts Dogecoin will reach $1 by 2025. This represents a less than 1000% increase from its current price of $0.14. XRP Crypto believes XRP will finally cross the $1 mark and reach between $3 and…
AI Tokens on the Rise With Bitcoin reaching record highs in March 2024, the crypto market is experiencing a bullish cycle. However, AI-based tokens are stealing the spotlight with remarkable growth. Why the Surge? ChatGPT’s GPT-4 launch in 2023 sparked interest in generative AI. Tech giants like Microsoft and Google invested heavily in AI initiatives….
