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Bitcoin’s price is facing some headwinds, according to the analytics firm Glassnode. After hitting a new all-time high recently, the cryptocurrency is now seeing increased selling pressure. Profit-Taking Pressure Glassnode says this selling is coming from long-term Bitcoin holders who bought in at earlier price points, like $25,000-$31,000 and $60,000-$73,000. They’re cashing in their profits,…
Bitcoin is showing a familiar pattern – the Golden Cross – which historically has preceded major price increases. While a recent dip near $100,000 might have caused some worry, analysts believe this is just a temporary setback. The Golden Cross and Bitcoin’s Potential The Golden Cross is a bullish technical indicator. One analyst, Chain Mind,…
Bitcoin’s price has been bouncing around lately, hitting a one-month low near $100,000. But some analysts think this is just the calm before the storm. They believe a major price jump is on the horizon, potentially pushing Bitcoin to a new all-time high. A Wild Ride Recent price volatility was partly fueled by the online…
Bitcoin recently experienced a small dip, losing about a billion dollars in leveraged bets. But don’t worry, it quickly recovered! One analyst, Klarch, believes this dip was just a temporary setback before another major price surge. Following the Pattern Klarch’s analysis shows Bitcoin follows a pretty consistent pattern after each “halving” (a significant event in…
The world of meme coins is wild right now! Trump’s slamming Musk, DOGE just got access to Social Security data (raising some eyebrows), and a massive $520 million worth of Trump’s own meme coin is about to hit the market. It’s chaos, basically. But amidst all this, a new player is emerging: Snorter Token. The…
Bitcoin’s price has been a bit sluggish lately, leaving many investors wondering what’s next. Luckily, crypto experts are here to offer some insight. One expert predicts a massive price surge. A $150,000 Bitcoin? Market expert Tony Severino recently shared an exciting prediction on X (formerly Twitter): Bitcoin could hit $150,000! His analysis centers around a…
Bitcoin’s price has been on a rollercoaster lately. After a massive 50% surge from its April lows, hitting a new all-time high of $112,000, it’s now taking a breather. Bitcoin’s Stalled Momentum While Bitcoin initially outperformed the stock market during recent global tensions, it’s recently underperformed over the past two weeks. This is a change…
A musician lost $3 million in crypto after taxes and a market crash. This highlights the risks of chasing quick profits in volatile markets. But some investors are seeking more than just the next meme coin; they want projects with real utility and long-term potential. Here are three altcoins that fit the bill: 1. Snorter…
DAOs, or Decentralized Autonomous Organizations, are taking off as a new way for online communities, projects, and even businesses to organize themselves using blockchain technology. Unlike traditional organizations with a boss at the top, DAOs let members vote directly on decisions, making things more transparent and democratic. What’s a DAO, Anyway? Basically, a DAO is…
The Federal Reserve (Fed) is facing a massive $1.1 trillion in unrealized losses on its investments. This isn’t money actually lost, but rather a decrease in the value of its bond holdings. Why the Losses? These losses are directly tied to the Fed’s efforts to combat inflation. By raising interest rates, the value of the…
