Cryptocurrency enthusiasts are always on the lookout for promising chances, especially during market downturns. Recently, the MVRV (market-value-to-realized-value) ratio has caught the attention of many, pointing out several cryptocurrencies that seem notably undervalued. The Gems in the Shadows The MVRV ratio, comparing a crypto’s market capitalization to its realized capitalization, gives us a glimpse of…
Joseph Lubin, the co-founder of Ethereum and CEO of Consensys, is optimistic about the massive influx of capital waiting on the sidelines for the introduction of crypto exchange-traded funds (ETFs). In a recent chat with CNBC, Lubin shared insights into the substantial amount of money, possibly in the hundreds of billions, held by professionals in…
So, you know that bogus tweet about the SEC green-lighting Bitcoin ETFs? Well, turns out, it’s now a legit piece of Bitcoin history. Gary Gensler, the SEC Commissioner, spilled the beans that their Twitter account got a bit too cozy with hackers, leading to a false alarm on Bitcoin ETF approvals. The aftermath? Bitcoin’s value…
So, imagine this: Bitcoin skyrocketing to a staggering $1 million in just a matter of days or weeks. Sounds wild, right? Well, that’s the bold prediction from Samson Mow, the CEO of JAN3. And before you dismiss it as pure speculation, Mow argues that Bitcoin’s knack for defying expectations is precisely what makes this meteoric…
So, here’s the scoop from Cathie Wood, the big shot at ARK Invest. According to her, once the big players in the financial game get their hands on a Bitcoin exchange-traded fund (ETF), we might see the price of Bitcoin soaring. She spilled the beans in a recent chat with CNBC, where she casually mused…
So, let’s talk crypto! The past day has been a rollercoaster of excitement, with various digital currencies grabbing the spotlight for their noteworthy moves in the market. The Cryptocurrency Buzz According to the buzz on social media, a bunch of cryptocurrencies has been causing quite a stir in the last 24 hours. A data scoop…
Cathie Wood from ARK Invest is out here, dropping truth bombs on the economy. In her latest YouTube rant—I mean, update—she’s predicting that the US is about to face the music and hit a recession this year. According to her, it’s all because the Federal Reserve went a bit overboard with those interest rate hikes….
Dogecoin (DOGE) has been on a bit of a rollercoaster since December 11, 2023, hitting a new low today. But hold on, there might be a glimmer of hope in the form of a newly emerging bullish pattern. Dogecoin’s Rollercoaster Ride Let’s rewind a bit. On November 6, 2023, the DOGE price made a breakout…
So, check this out. Mike McGlone, the senior macro strategist over at Bloomberg Intelligence, has thrown a little caution into the Bitcoin excitement mix. He’s got this gut feeling that Bitcoin might be hitting its peak and could be in for a bit of a rollercoaster in the market. In a chat with Scott Melker,…
The upcoming days are packed with anticipation, especially considering the experts foresee the approval of Bitcoin Spot ETFs any moment now, with January 10 marking the ultimate decision day by the SEC. Despite Bitcoin gaining a noteworthy 3.78% in the past week, the majority of altcoins find themselves steeped in the red, sporting double-digit losses…
