Bitcoin’s price has been all over the place lately, but is adoption still growing? Let’s dive in. Small Fry Are In, Big Fish Are Out? A recent report from Santiment, an on-chain analytics firm, shows interesting trends in Bitcoin adoption. They looked at the number of Bitcoin addresses holding different amounts of BTC, dividing them…
Bitcoin’s hashrate, a measure of the total computing power used to mine Bitcoin, has seen a significant rebound. This suggests that miners are feeling more optimistic about the future of Bitcoin. What is Hashrate? The hashrate is basically how much computing power is being used by all the Bitcoin miners combined. A higher hashrate means…
Crypto analyst Kevin Svenson predicts a significant rally for altcoins, fueled by a potential increase in the global money supply. He shared this bullish outlook with his 82,800 YouTube subscribers. Global Money Supply: The Key to Altcoin Growth? Svenson’s analysis centers on the relationship between the global money supply (M2) and altcoin performance. He claims…
An artificial intelligence (AI) focused cryptocurrency, Kaito (KAITO), has seen a massive price jump after being listed on Upbit, South Korea’s biggest crypto exchange. Kaito’s Big Day The news sent KAITO’s price soaring over 45%. It climbed from a low of $1.49 to a high of $2.17 before settling around $1.76. With a market cap…
Crypto analyst Jason Pizzino is sounding the alarm on Ethereum (ETH), predicting a substantial price drop. He’s shared his bearish outlook with his large YouTube following. Bearish Double Top Pattern Pizzino points to a “bearish double-top pattern” on the ETH weekly chart as the primary reason for his concern. This pattern, a common technical indicator,…
A seasoned crypto analyst, known as Dave the Wave, predicts Bitcoin (BTC) will reach $180,000 this cycle. This prediction comes from a trader with a proven track record of accurately forecasting Bitcoin’s price peaks and valleys. Dave the Wave’s Prediction Dave the Wave, boasting a significant following on X (formerly Twitter), bases his prediction on…
Michael Saylor, the big cheese at MicroStrategy (a company that owns a lot of Bitcoin), thinks the US government should buy a million Bitcoins for its reserves. He dropped this bombshell during a FOX Business interview before a White House crypto summit. Saylor’s Bitcoin Proposal Saylor’s idea isn’t totally out of left field. His company…
Ethereum’s performance this year has been lackluster compared to other major cryptocurrencies. Traders are unsure if it’s about to surge or continue its downward trend. However, recent price action suggests a potential short-term rebound. A Chart Pattern Suggests a Recovery Technical analyst Ali Martinez spotted a bullish pattern on Ethereum’s chart. This pattern could signal…
Shiba Inu (SHIB) is seeing a huge surge in large transactions – over 150% in just four days! This has many believing the big investors (“whales”) are back in the game. Whale Activity Explodes Data from IntoTheBlock shows a massive jump in SHIB whale trading between March 2nd and 5th. Trading volume went from $17.28…
The crypto market is booming! Major players like the US (indirectly), El Salvador, and even Russia are showing interest in building up cryptocurrency reserves. Bitcoin is leading the charge, but other cryptos are benefiting from the overall positive sentiment. Let’s explore why Bitcoin’s price is soaring and which altcoins and meme coins are worth keeping…
