A popular crypto analyst, known as Rekt Capital, remains optimistic about Bitcoin’s future, even with its recent price drop. He believes the current correction is just a minor setback in Bitcoin’s overall upward trajectory. The Banana Zone is Still in Play Rekt Capital, who boasts a large YouTube following, sees Bitcoin’s current price action as…
DWF Labs, a major player in the crypto market, is making a big move into the United States. They’ve opened a new office in New York City as part of their global expansion strategy. New York Office and Strategic Investment This US expansion is a significant step for DWF Labs. They plan to: Build stronger…
A VanEck analyst is predicting a huge price jump for Bitcoin. Matthew Sigel, head of digital assets research, forecasts Bitcoin (BTC) could reach a staggering $180,000 by the latter half of 2025. A Bullish Prediction Based on Past Cycles Sigel’s prediction is based on his analysis of previous Bitcoin market cycles. However, he acknowledges that…
Bitcoin’s price has been dropping, but surprisingly, investor interest remains high. This is shown by the stubbornly high open interest – the total value of outstanding Bitcoin futures contracts. Is this a good sign, or a warning sign of further price drops? Let’s explore. High Open Interest: A Double-Edged Sword? The Bitcoin open interest is…
Dogecoin has been on a downward slide since December 2024, losing over 50% of its value in just four months. This has understandably worried some investors. But one analyst, Trader Tardigrade, thinks the worst might be over. Technical Indicators Point to a Potential Rebound Trader Tardigrade, using data from charts like TradingView, sees some striking…
Bitcoin’s price is hanging around some crucial levels right now, and things are pretty uncertain in the global economy. Bitcoin’s Recent Rebound and the Macro Picture After a bumpy ride, Bitcoin bounced back nicely last week thanks to President Trump’s announcement of a temporary tariff pause (excluding China). This gave the markets a bit of…
A Swedish lawmaker is pushing for Sweden to join the growing number of countries exploring Bitcoin as a strategic asset. This isn’t just some fringe idea; it’s gaining traction among some influential figures. Bitcoin as a National Reserve? Dennis Dioukarev, a member of the Swedish parliament, has formally proposed a national Bitcoin strategy to the…
Swedish lawmakers are pushing for the country to join the growing trend of nations exploring Bitcoin reserves. They’re urging Finance Minister Elisabeth Svantesson to consider adding Bitcoin to Sweden’s national assets. Lawmakers’ Proposals Several members of the Swedish Parliament (Riksdag) have written to the finance minister advocating for a Bitcoin reserve. They point to the…
A well-known crypto analyst, Dave the Wave, is predicting a potential Bitcoin rally. This analyst correctly predicted the Bitcoin crash in May 2021. Bullish Signals Emerging Dave the Wave, who boasts a large following on X (formerly Twitter), points to a key indicator: Bitcoin’s weekly logarithmic moving average convergence divergence (LMACD) histogram. This indicator is…
Michael Saylor’s company, Strategy (formerly MicroStrategy), has added another chunk of Bitcoin to its already massive holdings. This latest purchase brings their total Bitcoin stash to impressive levels. Another Bitcoin Buy Strategy bought 3,459 Bitcoin for roughly $285.8 million, an average price of about $82,618 per Bitcoin. This brings their total Bitcoin holdings to a…
