Bitcoin just blasted past $107,000! This is huge news for Bitcoin bulls. After several failed attempts, Bitcoin finally broke through a key resistance level, showing some serious upward momentum. Technical Analysis Points to a Rally Technical analysts are buzzing. One popular analyst, Michaël van de Poppe, predicts Bitcoin’s price will keep climbing this week. He…
An analyst believes Ethereum’s price action mirrors Bitcoin’s 2021 rally, suggesting a potential price explosion. Let’s dive into the details. Ethereum’s Echo of Bitcoin’s 2021 Run The analyst, TradingShot, noticed striking similarities between Ethereum’s current trajectory and Bitcoin’s performance in 2021. Both cryptocurrencies experienced a significant crash followed by a powerful recovery. The Crashes: A…
Bitcoin is making a comeback, pushing towards new record highs after a recent price recovery. But while some analysts are optimistic, others are warning of a potential price drop. Bitcoin’s Bullish Run Bitcoin’s price has seen a significant upswing after a strong daily performance. It briefly lost ground in the $106,800-$109,700 range following its all-time…
Bitcoin’s recent price jump above $109,000 has shown some serious strength. Interestingly, a lot of Bitcoin is leaving cryptocurrency exchanges. This isn’t necessarily a bad thing. A Massive Bitcoin Exodus Data from Alphractal, a cryptocurrency analytics platform, shows a huge amount of Bitcoin – 3.77 million BTC, worth a staggering $219 billion – has been…
Fortune 500 companies are embracing blockchain technology in a big way! Coinbase reports a whopping 67% year-over-year increase in blockchain projects used by these companies. This isn’t just experimentation anymore; blockchain is becoming core to their operations. Blockchain’s Corporate Applications The most popular uses? Payments (47%), supply chain management (44%), and on-chain infrastructure (40%). This…
A prominent fund manager is raising concerns about Cardano’s scalability. Justin Bons, CIO of Cyber Capital, isn’t convinced by Cardano’s promises of future improvements. He points to the network’s current limitations as a major red flag for investors. The 18 TPS Problem Bons publicly questioned Cardano’s current transaction processing capacity of roughly 18 transactions per…
Ethereum is seeing a surge in activity from large investors (whales), potentially signaling a big shift in the market. Whale Activity Explodes Over the past couple of days, Ethereum whales have dramatically increased their trading activity. According to IntoTheBlock, large transactions (those worth at least $100,000) jumped over 100% in just 24 hours! Transaction count:…
Crypto analyst Michaël van de Poppe believes a gold price correction could be a boon for altcoins. He’s closely watching gold, calling its price action the most important chart this week. Gold’s Potential Drop Van de Poppe sees a potential bearish pattern in gold’s six-hour chart, suggesting a possible drop to $3,200. He predicts a…
Five men have admitted guilt in a massive cryptocurrency scam that defrauded Americans out of $36.9 million. The Department of Justice (DOJ) announced the guilty pleas, detailing an elaborate scheme run by an international criminal network operating out of Cambodia. How the Scam Worked The group targeted Americans through various channels, including text messages, phone…
Chainlink co-founder Sergey Nazarov recently revealed that his project is in talks with almost every major financial institution in the US, Asia, and the Middle East. Global Expansion and Institutional Interest Nazarov shared in a YouTube video that Chainlink has been busy over the past year, engaging with top financial players across the globe. He…
