The Bitcoin market has been a bit of a rollercoaster lately, but some analysts think we’re still in the early stages of a big bull run. They’re using a tool called the “Wall Street Cheat Sheet” to track the market’s mood and predict where Bitcoin is headed. What is the Wall Street Cheat Sheet? The…
Metaplanet, a Japanese investment firm, is making a big bet on Bitcoin. They recently bought another $6.7 million worth of Bitcoin, bringing their total holdings to over 639 BTC. This makes them the 17th largest publicly-listed company holding Bitcoin, putting them in the same league as MicroStrategy, Tesla, and Coinbase. Buying the Dip This purchase…
A Small Town’s Big Transformation Rockdale, Texas, was once known for its massive aluminum plant. But when the plant shut down in 2008, the town faced a major economic crisis. Hundreds of jobs disappeared, families left, and the town’s tax revenue plummeted. It felt like the town was on the verge of collapse. A New…
Last week, crypto funds saw a big shift with $147 million flowing out, ending a three-week streak of money coming in. This change is tied to some bigger economic trends. Where Did the Money Go? Bitcoin: Bitcoin funds lost the most, with $159 million flowing out. Some investors are even betting on Bitcoin prices going…
The crypto world is buzzing this week with exciting events and important developments. Here’s a rundown of what you need to know: Bitcoin: Unmasking Satoshi? HBO is set to premiere a documentary on October 8th claiming to reveal the identity of Satoshi Nakamoto, Bitcoin’s mysterious creator. The film, titled “Money Electric: The Bitcoin Mystery,” is…
Ethereum (ETH) is currently hovering around $2,400, a bit below its recent high of $2,700. While the broader crypto market is hopeful for a big rally after the Federal Reserve’s interest rate cut, ETH has struggled to climb higher. But there’s some good news: On-chain data suggests that selling pressure is decreasing, which could be…
Investor Dan Tapiero thinks Bitcoin is about to explode. He sees a massive bullish pattern forming, suggesting Bitcoin is gearing up for a big jump. Cup and Handle Pattern Tapiero is seeing a “cup and handle” pattern, which is a classic sign that a price is about to break out after a period of consolidation….
Cardano creator Charles Hoskinson is giving a shoutout to Sui, a new blockchain platform that’s been making waves in the crypto world. He says Sui is a “real innovator” and deserves to be successful. Sui: A “Real” Innovation Hoskinson believes Sui is “what Solana should have been,” even though he still thinks Cardano is the…
A popular crypto analyst, Benjamin Cowen, believes Bitcoin (BTC) will continue to dominate the crypto market, leaving altcoins in the dust. He predicts that Bitcoin Dominance (BTC.D), which measures Bitcoin’s market cap compared to all other cryptocurrencies, will climb to 60% in the fourth quarter. Altcoins in Trouble? Cowen sees this dominance leading to a…
A popular Bitcoin analyst who correctly predicted the recent dip in Bitcoin’s price is sharing his worst-case scenario for the cryptocurrency. Bitcoin Could Drop Below $60,000 The analyst, known as Rekt Capital, believes that if Bitcoin falls below $60,000, it could trigger another major sell-off. He says this could lead to a lot of panic…
