A popular crypto analyst, Cheds, is predicting a significant Bitcoin price drop if it falls below a key support level. Bitcoin’s Crucial Support Level Cheds, who boasts a large YouTube following, says Bitcoin is currently trading sideways, stuck between resistance at $107,000 and support at $90,000. He emphasizes the importance of holding the $90,000 level,…
Bitcoin’s price has been a rollercoaster lately. While it briefly topped $100,000, it hasn’t been able to stay there consistently, recently dipping below $91,000. But don’t count Bitcoin out just yet! A Bullish Outlook Based on Elliott Waves One analyst on TradingView sees a very bullish future for Bitcoin, using the Elliott Wave theory to…
Dogecoin has been struggling lately, but there are signs that things might be changing. Analysts are seeing a bullish chart pattern that could send DOGE soaring. A Potential Breakout A market expert, Trader Tardigrade, points out that DOGE is moving within a “parallel channel” pattern. Historically, this pattern has led to significant price increases for…
This week in crypto was wild! Let’s break down the biggest stories. Trump’s Tariff Troubles President Trump’s 25% tariffs on Canadian and Mexican imports sent shockwaves through both crypto and traditional markets. Bitcoin briefly dipped, and the Fear & Greed Index plunged into “Fear” territory. While the immediate market reaction was negative, some analysts suggest…
Big news! Polymarket, a crypto betting site, saw a whopping $1.1 billion in Super Bowl bets. This shows crypto is going mainstream—people are using it for everyday things, like betting on the big game! That means there’s potential for big profits in the altcoin market. Here are five meme coins worth considering: 1. Solaxy ($SOLX):…
A major cryptocurrency investor, dubbed a “whale” by blockchain trackers, is making big moves in the DeFi market. Whale Accumulates Millions in UNI According to Lookonchain, this mysterious whale has been quietly withdrawing millions of UNI tokens, Uniswap’s native cryptocurrency, from Binance, the world’s largest crypto exchange. The total haul? A whopping 1.7 million UNI,…
Economist Henrik Zeberg doesn’t think the crypto bull market is over yet. He’s predicting a significant rise in both Bitcoin and altcoins, with a particularly strong altcoin season on the horizon. Bitcoin’s Next Move Zeberg believes Bitcoin is currently in a five-wave rally, a pattern suggesting further upward movement. He points to an “expanding diagonal”…
A high-ranking Beijing official is heading to prison for his role in a major Bitcoin money laundering scheme. Eleven Years and a Fine Hao Gang, a former deputy director of the Beijing Financial Bureau, received an 11-year prison sentence and a $178,000 fine. A Beijing court handed down the verdict, concluding a case that began…
A New York judge has dealt a blow to Coinbase, refusing to dismiss a class-action lawsuit against the cryptocurrency exchange. The suit alleges Coinbase illegally sold unregistered securities. Judge’s Ruling Judge Paul Engelmayer of the Southern District of New York rejected Coinbase’s argument that it shouldn’t be held responsible. Coinbase claimed it wasn’t a “statutory…
Retail Investors are Hoarding Bitcoin Data shows that small-time Bitcoin investors (those holding 1 BTC or less) have been buying up Bitcoin like crazy over the past couple of months. They’re averaging over 10,000 BTC a day – a huge 72% jump from last year! This is a big deal, as small investors usually sell…
