Bitcoin mining difficulty just hit an all-time high, increasing by 5.6%. This means it’s now harder than ever to mine new Bitcoins. What is Mining Difficulty? Bitcoin’s difficulty is a measure of how hard it is for miners to solve complex mathematical problems to add new blocks to the blockchain. It automatically adjusts roughly every…
Florida is considering a bold move: investing some of its state money in Bitcoin. Senator Joe Gruters has proposed a bill (Senate Bill 550) that would let the state’s Chief Financial Officer invest up to 10% of state funds in Bitcoin and other cryptocurrencies. Why Bitcoin? Fighting Inflation The main reason? Inflation. Gruters argues that…
Bitcoin’s been stuck in a rut lately, trading sideways between roughly $96,000 and $100,000. Nobody’s really sure what’s going to happen next – bulls and bears are locked in a stalemate. Ancient Coins Stirring But then things got interesting. Analyst Maartunn noticed something significant: 14,000 Bitcoins, some of which haven’t moved in 7-10 years, suddenly…
Ethereum’s price has been stuck below $2,800 for a while now, leaving many investors feeling gloomy. The crypto market’s overall sentiment is pretty negative, and Ethereum’s underperformance compared to Bitcoin and other coins isn’t helping. A Bullish Pattern Emerges But there’s a glimmer of hope! A top analyst, Jelle, spotted a multi-year ascending triangle pattern…
Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, is warning of an impending economic crisis. He believes millions will lose their jobs, homes, and investments. A Looming Economic Crisis? Kiyosaki, who boasts 2.7 million followers on X (formerly Twitter), claims his 2014 prediction of a major market crash is now coming to…
Crypto analyst Benjamin Cowen believes the Federal Reserve’s monetary policy will be the key to unlocking “altseason”—a period where altcoins significantly outperform Bitcoin. The Fed’s Influence on Altcoins Cowen’s analysis combines data from the Federal Reserve’s balance sheet with the Ethereum-to-Bitcoin (ETH/BTC) price ratio. He’s noticed a pattern: previous altseasons only began after the Fed…
Solana’s value exploded in the final quarter of 2024, according to a new report from Messari. Massive Value Increase The total value locked (TVL) in Solana—the total value of digital assets staked or locked in its system—jumped a massive 64% compared to the previous quarter and a staggering 486% compared to the same period in…
A popular crypto analyst, Cheds, is predicting a significant Bitcoin price drop if it falls below a key support level. Bitcoin’s Crucial Support Level Cheds, who boasts a large YouTube following, says Bitcoin is currently trading sideways, stuck between resistance at $107,000 and support at $90,000. He emphasizes the importance of holding the $90,000 level,…
Could Bitcoin be poised for a massive surge in 2025, echoing its 2017 performance? That’s the prediction from Julien Bittel, Head of Macro Research at Global Macro Investor (GMI). A “Macro Summer” Ahead? Bittel’s outlook for 2025 is optimistic. He sees a “macro summer” – strong economic growth with manageable inflation. He points to improving…
Bitcoin’s price has been a rollercoaster lately. While it briefly topped $100,000, it hasn’t been able to stay there consistently, recently dipping below $91,000. But don’t count Bitcoin out just yet! A Bullish Outlook Based on Elliott Waves One analyst on TradingView sees a very bullish future for Bitcoin, using the Elliott Wave theory to…
