A seasoned Bitcoin trader is urging caution, warning that the cryptocurrency could be headed for another major crash similar to the one that happened in November 2018. A Repeat of 2018? Back in 2018, Bitcoin fell below $6,000 after a long period of trading in a narrow range. While many investors jumped in to buy…
A veteran trader is saying now might be a good time to buy Bitcoin, even though the price has been dropping lately. Peter Brandt, a well-known trader who’s known for making accurate market predictions, sees a “buy signal” in Bitcoin’s recent dip. He’s looking at a technical indicator called the “foot shot pattern,” which has…
There’s been a lot of talk about governments selling their Bitcoin lately, especially after the US and German governments moved some of their holdings. Some people are worried that this will cause the price of Bitcoin to crash. But is it really a big deal? The Big Picture CryptoQuant CEO Ki Young Ju says we…
Bitcoin’s price has been taking a tumble lately, but some investors are seeing this as an opportunity. In the past week, Bitcoin spot ETFs (exchange-traded funds) have seen a surge in investment, despite the cryptocurrency’s struggles. Big Money Flowing In Last Friday, Bitcoin spot ETFs saw a whopping $143 million in new investments, the highest…
Justin Sun, the mastermind behind the Tron Network, has a new trick up his sleeve: gas-free stablecoin transfers. This means you can send and receive stablecoins without paying any extra fees! No More Gas Fees for Stablecoins? Imagine this: you’re sending some stablecoins to a friend. Usually, you’d have to pay a small fee (called…
JPMorgan Chase, Bank of America, and Wells Fargo are getting grilled by the Senate over their handling of fraud on the popular payment app Zelle. The banks are facing scrutiny after customers reported over $456 million in fraudulent Zelle transactions in 2022. The banks allegedly refused to reimburse $115 million of those claims, leaving customers…
A popular crypto analyst is warning investors about potential price crashes for both Chainlink (LINK) and Bitcoin (BTC). Chainlink Could Dive 45% The analyst, Ali Martinez, says that Chainlink, a popular decentralized oracle provider, could see a massive price drop if it falls below a key support level of $12.70. He believes that LINK could…
Bitcoin is still on track for a big climb, even after a recent dip, according to crypto analysts at Glassnode. The experts, who go by the name “Negentropic,” believe that Bitcoin could hit a peak of $110,000 during this bull market, which is almost double its current price. They say that the recent dip is…
Nine of the world’s biggest banks are paying a hefty $46 million to settle a lawsuit accusing them of manipulating a massive $465.9 trillion market. Banks Accused of Conspiring to Keep Market Antiquated The lawsuit, filed by investors eight years ago, claims that the banks conspired to keep the interest rate swap market inefficient and…
Can USDT Dominance Predict Bitcoin’s Peak? Crypto analysts are always looking for ways to predict the future of Bitcoin. One analyst, Thomas, believes that USDT dominance could be a key indicator for Bitcoin’s local tops. USDT Dominance: A Six-Year Pattern Thomas claims that USDT dominance has accurately predicted Bitcoin’s local tops for the past six…
