Bitcoin has been on a rollercoaster ride lately, and many investors are wondering if now is the time to buy the dip. The Dip Might Not Be Over Yet According to Santiment, a platform that analyzes on-chain data, the worst might not be over for Bitcoin. They suggest that the flagship cryptocurrency could experience further…
Bitcoin has been on a downward trend lately, and everyone’s trying to figure out why. While some blame the German government selling off some of its Bitcoin holdings and the upcoming Mt. Gox distributions, there might be a bigger culprit: paper Bitcoin. What is Paper Bitcoin? Paper Bitcoin refers to derivatives products related to Bitcoin….
The Shiba Inu project has always been shrouded in mystery, with its founder, Ryoshi, remaining anonymous. Now, the lead developer, Shytoshi Kusama, is hinting at a similar exit strategy. A Tour and a Conference, Then Goodbye? Kusama recently announced that he plans to step down from his role after completing a few key projects. These…
Australia’s stock market is embracing Bitcoin! The Australian Securities Exchange (ASX) has just approved a second Bitcoin ETF (exchange-traded fund), bringing the total number of Bitcoin ETFs in the country to four. DigitalX Joins the Bitcoin ETF Party DigitalX, a Sydney-based asset manager, is behind the latest Bitcoin ETF, called BTXX. It’s set to start…
Bitcoin has been on a wild ride lately. After a big drop last week, it’s trying to find its footing, but it’s still stuck in a downward trend. To break out of this slump, Bitcoin needs to close above $60,000. Otherwise, the bears will keep calling the shots. A Glimpse of Hope: The Puell Multiple…
The German government is making waves in the crypto world, moving over $1 billion worth of Bitcoin in just one day. This massive transaction has crypto traders buzzing, wondering what’s going on. Where’s the Bitcoin Going? According to blockchain sleuths, the government sent thousands of Bitcoin to various crypto exchanges and market makers, including Kraken,…
A well-known crypto trader, known as The Flow Horse, is predicting that Bitcoin (BTC) could drop further in the near future. He believes the price could fall to the lower $50,000 range. Big Ships Turn Slowly The Flow Horse explains that Bitcoin’s recent drop from the $60,000 range means it will take some time for…
A project called Golem Network, which raised a huge amount of Ethereum back in 2016, recently sold off a big chunk of its holdings. Golem Network: From ICO to Big Sale Golem is a platform that lets people share their computer power with others. In 2016, when Ethereum was only worth $10, Golem raised a…
A popular crypto analyst, Jason Pizzino, thinks Bitcoin is about to explode in price. He’s seeing a pattern in the recent market that reminds him of last year’s big surge. History Repeating Itself? Pizzino says Bitcoin has been trading sideways for the past few months, just like it did before its massive price jump last…
Bitcoin has already taken a hit, dropping over 22% since its peak in March. While it’s currently holding above $57,000, things could get worse if history repeats itself. Bitcoin’s Love for Retesting Yearly Opens According to Jacob Canfield, a trading expert, Bitcoin has a habit of revisiting its yearly opening price. This happens almost every…
