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Billionaire investor Steve Cohen isn’t convinced the US economy is out of the woods yet. He recently shared his concerns at the Sohn Investment Conference. Recession Odds and Economic Growth Cohen estimates a 45% chance of a US recession. While he doesn’t believe the US is currently in a recession, he sees significant economic slowdown….
Bitcoin’s price has been pretty stagnant lately, hanging around $92,000-$95,000. This lack of movement has some people wondering if it’ll ever hit its all-time high again. But, some interesting market data suggests we might be in for a wild ride soon. What the Open Interest Says A crypto analytics firm, Alphractal, looked at something called…
Bitcoin’s been on a roll lately, climbing over 37.5% since April. But will this rally continue? One analyst thinks Bitcoin could reach a whopping $120,000, but only if a certain condition is met. On-Chain Data: The $120,000 Prediction The prediction comes from analyst Ali Martinez, who’s looking at a metric called Cumulative Value Days Destroyed…
Bitcoin is facing a make-or-break moment. A popular crypto analyst, Crypto Patel, says Bitcoin is testing a key resistance level around $106,500. What happens next could mean a big price jump or a significant drop. The Current Situation After briefly topping $105,000 on May 12th, Bitcoin’s price has been pretty flat. However, things are still…
Bitcoin’s recent price jump above $105,000 (a major hurdle!) has boosted investor confidence. Even with a small pullback, long-term holders (the big players) are showing renewed interest. Long-Term Holders Are Accumulating Again Experts are noticing a significant shift: Long-term Bitcoin holders, often seen as seasoned investors, are accumulating more Bitcoin. After a couple of dips…
Bitcoin’s price has been fluctuating lately, teasing a new all-time high (ATH) around $108,000 but then falling back. What’s holding it back? Market uncertainty, stock market woes, and slow-moving crypto regulations are all playing a role. Positive Signs for Bitcoin However, there’s good news too! Big financial institutions are pouring money into Bitcoin ETFs (exchange-traded…
Dogecoin’s price is flirting with danger, according to crypto analyst RLinda. She’s predicting a potential crash, focusing on a key price level. The Danger Zone: $0.20 RLinda points to the $0.214 price level as a “panic zone.” If Dogecoin breaks below this level, she believes a big sell-off could happen. Why? Because once support levels…
A major shakeup hit the Telegram crypto world this week. Vladimir Smerkis, co-founder of the Blum crypto project and former Binance Russia head, was arrested in Moscow on serious fraud charges. This has left the Telegram community reeling. The Arrest and Charges Smerkis is facing charges under Article 159 of the Russian Criminal Code, which…
China recently offloaded a massive chunk of its US Treasury holdings, sparking concerns about the US economy. A Big Sell-Off New government figures reveal that China slashed its US Treasury holdings by a whopping $18.9 billion between February and March. This is in stark contrast to other countries, who actually increased their holdings during the…
Meta, the parent company of Facebook and Instagram, is facing a major problem: a massive surge in scams on its platforms. A spokesperson admitted to the Wall Street Journal that the company is dealing with what they call an “epidemic” of increasingly sophisticated scams. The Growing Problem The scale and complexity of these scams have…
