Crypto expert and billionaire Mike Novogratz believes Bitcoin is about to get a big boost, and it all comes down to options trading. Bitcoin ETF Options: The Big Catalyst Novogratz, the CEO of Galaxy Digital, thinks options trading for Bitcoin exchange-traded funds (ETFs) will send Bitcoin prices soaring. He’s excited about the recent approval of…
Cryptocurrency analyst Justin Bennett is warning Bitcoin (BTC) could see a further drop before it starts climbing again. He believes BTC could fall below $60,000 before it starts trending higher. Bitcoin Needs to Break Resistance Bennett, who has over 100,000 followers on social media, says Bitcoin needs to turn its resistance levels into support levels…
A veteran crypto trader, Peter Brandt, has thrown a curveball into the Bitcoin world by suggesting that Bitcoin is forming a “Three Blind Mice” pattern. But what does this mean for the king of crypto? A Bearish Pattern? Brandt’s cryptic tweet, along with a chart, hints at a potential bearish trend for Bitcoin. The “Three…
A popular crypto analyst, Dan Gambardello, believes that Bitcoin might be nearing the end of its recent dip. He’s looking at some key indicators to support his claim. Oversold RSI Points to a Bounce Gambardello is focusing on the 6-hour Relative Strength Index (RSI), a measure of how fast and how much the price of…
Geopolitical Tensions Could Push Bitcoin Below $60,000 According to Geoff Kendrick, a crypto expert, the recent tensions between Iran and Israel could cause Bitcoin to dip below $60,000. This is because investors might be scared and move their money to safer investments like gold. But Kendrick thinks this could be a good time to buy…
The crypto world is buzzing about a new development: a Bitwise XRP ETF is now on the SEC’s website. This is a big deal because it could be the first ETF that lets investors buy and sell XRP, a popular cryptocurrency, through the stock market. What’s an ETF? An ETF, or Exchange-Traded Fund, is like…
Shiba Inu (SHIB) has been on a downward trend after hitting a high earlier this year. The reason? Shibarium, Shiba Inu’s layer-2 scaling solution, hasn’t lived up to the hype. Slow adoption and technical issues have left many investors questioning its future. Shibarium’s Troubles Shibarium was supposed to solve Shiba Inu’s scalability issues and reduce…
Crypto companies are facing a serious threat: North Korean hackers are infiltrating the industry, posing a significant risk to both companies and investors. How They’re Doing It North Korean hackers are using clever tactics to bypass sanctions and get their hands on crypto. They’re creating fake identities and applying for jobs at crypto companies, often…
The 2024 US Presidential election is just around the corner, and the blockchain industry is paying close attention. This year, the candidates’ stances on crypto and Web 3.0 could have a huge impact on the future of these technologies. The Blockchain Landscape in 2024 The US is a mixed bag for blockchain. While there’s growing…
The US government’s debt just hit a new record high, adding a whopping $204 billion in just 24 hours on the first day of the new fiscal year. Debt on the Rise The national debt jumped from $35.46 trillion on September 30th to $35.67 trillion on October 1st. This huge increase is a sign that…
