Bitcoin’s price action has been pretty flat lately, but some analysts are predicting a big jump in the new year. A Doji and a Potential Rally Crypto analyst Tony Severino spotted a “Doji” formation on the Bitcoin chart. A Doji is basically a pause in the market where buyers and sellers are equally matched. Severino…
Bitcoin’s price has been bouncing around lately, failing to break through the $100,000 mark. While this might seem worrying, some clever analysis suggests a different story. A New Way to Look at Bitcoin Accumulation Analyst Axel Adler has developed a new metric: the Bitcoin exchange netflow-to-reserve ratio. This ratio tracks how much Bitcoin is moving…
Following the US election, the crypto world is buzzing about Donald Trump’s pro-Bitcoin stance. During his campaign, he promised favorable crypto policies, even suggesting a national Bitcoin reserve. But will he actually deliver? Will Trump Really Embrace Bitcoin? CryptoQuant CEO Ki Young Ju isn’t so sure. He points out that historically, whenever the US felt…
Flockerz, a cryptocurrency tipped by some experts as the next big thing (a 100x return!), is nearing the end of its presale. Only 24 days left! What is Flockerz? Flockerz is the world’s first “vote-to-earn” (V2E) platform. Basically, you get to vote on important project decisions (like which exchange to list on) and earn FLOCK…
Volatility Shares, an asset management company, just filed an application with the SEC to launch a Solana futures ETF. This is a pretty big deal, especially since several companies tried to launch a spot Solana ETF earlier this year. What’s a Futures ETF? A futures ETF lets you invest in the price movements of a…
A crypto analyst is predicting a possible price increase for Dogecoin (DOGE). Dogecoin’s Bullish Signal Ali Martinez, a popular crypto analyst, spotted a bullish signal for DOGE using the Tom DeMark (TD) Sequential Indicator. This indicator, which analyzes closing prices, suggests a potential price rebound. He also noted that large Dogecoin investors (“whales”) recently bought…
Data analytics firm Glassnode recently reported that Solana (SOL) is losing steam compared to Bitcoin (BTC) and Ethereum (ETH). They used a metric called “Realized Cap,” which tracks the price at which coins were last moved, to measure how many holders are profiting or losing. Solana’s Realized Cap Lagging Behind Glassnode’s analysis of the monthly…
A massive data leak has exposed the personal and financial information of millions of people, putting them at serious risk of fraud and identity theft. Five Million Records Compromised A cybersecurity firm, Leakd, discovered five terabytes of data online containing five million unique credit and debit card numbers. The leaked data also includes full names,…
The US Treasury Department and the IRS just finalized new rules for reporting crypto transactions on decentralized finance (DeFi) platforms, and the crypto world is not happy. New Rules, Same Taxes While the new rules don’t introduce any new crypto taxes, they require DeFi brokers to report the total value of cryptocurrency sales. This mirrors…
Bitcoin’s price has been stuck in a rut lately. Despite some upward blips, it hasn’t been able to break through the $100,000 resistance level. This is a bit of a surprise, given earlier optimistic predictions. So, what’s next? Elliott Wave Theory Predictions Analysts are using the Elliott Wave Theory – which basically says market movements…
