Ethereum is in a bit of a tricky spot right now. It’s forming a “bearish triangle” on the charts, which is a technical pattern that often signals a price drop. What’s a Bearish Triangle? Think of it like a funnel. The price of Ethereum is squeezed between two lines that are getting closer together. If…
Ethereum, the second-largest cryptocurrency, has been on a roller coaster ride lately. After a major dip in early August, it’s showing signs of recovery. A Big Crash, A Bigger Bounce? Last week’s crash sent Ethereum’s price plummeting to $2,112, the biggest drop of the year. But the coin has bounced back, gaining 8% in the…
Even though Ethereum’s price has jumped by 21% in the past week, only two-thirds of its holders are currently making money. Many Investors Still Holding Losses The recent price drop in Ethereum really hurt a lot of investors. The price went from a high of $3,400 to a low of $2,100 in just a week….
The crypto market is showing signs of life again, with investors pouring money back in. Last week alone, digital asset investment products saw a whopping $176 million in inflows, according to CoinShares. Ethereum Takes the Spotlight Ethereum is the clear winner, attracting a massive $155 million of that total. This is the highest inflow for…
A popular crypto trader is predicting a big surge for a Solana-based memecoin called Dogwifhat (WIF). He believes the coin is about to break out of a pattern that often signals a bullish reversal. Dogwifhat (WIF) on the Move The trader, known as Bluntz, says WIF is poised for a major rally. He thinks it…
The crypto world saw a slight increase in venture capital (VC) funding during the second quarter of 2024, but the number of deals actually went down. Funding Up, Deals Down Crypto startups received $2.7 billion in VC funding during the quarter, a 2.5% increase from the previous quarter. However, this represents a nearly 10% drop…
A new experiment funded by tech mogul Sam Altman has shown that people who receive free money tend to work less. The Experiment: The study, called “The Employment Effects of Guaranteed Income,” gave 1,000 low-income individuals $1,000 per month for three years, no strings attached. The Results: While the extra money helped participants with basic…
Cryptocurrency markets are stuck in a rut, according to popular analyst Benjamin Cowen. He believes that the Fed’s tight monetary policy is holding back the crypto market’s growth. Fed’s Tight Grip Cowen, who has a massive following on YouTube, says Bitcoin has been slowly declining since March due to the Fed’s reluctance to loosen its…
A crypto analyst, known as “Sensei,” is super bullish on Bitcoin and thinks it’s about to break out of a bear trap and skyrocket to $72,000. Sensei’s Predictions Sensei has been studying Bitcoin’s price charts and sees a pattern that suggests a big jump is coming. He believes that Bitcoin’s recent drop was actually a…
The crypto market has been on a bit of a rollercoaster lately, with Bitcoin hitting a new high in March. But something feels different this time around. Missing the Magic According to Pacman, a crypto expert, this cycle lacks the “transformative technologies” that usually drive adoption and excitement. Previous cycles saw things like: Initial Coin…
