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The cryptocurrency world is buzzing about a recent statement by Michael Saylor, CEO of MicroStrategy, regarding Bitcoin custody. Saylor, a well-known Bitcoin advocate, suggested that large banks should hold Bitcoin instead of individuals. This sparked a fiery debate, with many in the crypto community strongly disagreeing with his stance. Saylor’s Controversial Idea Saylor argued that…
Seasoned trader Peter Brandt is bullish on Bitcoin (BTC) and two other cryptocurrencies: Ethereum (ETH) and Solana (SOL). Bitcoin: Still in Consolidation, But Showing Strength Brandt believes Bitcoin is still consolidating, meaning it’s trading within a range. However, he sees signs of strength. He shared a chart suggesting Bitcoin has broken above a resistance level….
A Bitcoin expert from ARK Invest is saying that the cryptocurrency might be on the verge of a big price jump. Three Bullish Signals David Puell, the analyst, has identified three key indicators that suggest a positive outlook for Bitcoin: Bitcoin is breaking out of a recent price pattern. It’s been bouncing off key support…
ApeCoin (APE), the cryptocurrency linked to the popular Bored Ape Yacht Club NFTs, has seen a massive surge in value. The coin jumped over 135% after the launch of Apechain, a new blockchain designed to expand the Bored Ape ecosystem. What is Apechain? Apechain, developed by Yuga Labs (the creators of Bored Ape Yacht Club),…
A popular crypto analyst believes Bitcoin might be on the verge of a comeback. Rekt Capital, who correctly predicted Bitcoin’s price drop earlier this year, says the recent surge above $69,000 could mark the end of a long bearish trend that started in March. Breaking Out of the Bearish Trend According to Rekt Capital, Bitcoin…
The crypto market is always buzzing with potential, and 2025 is looking like a big year for some coins. Let’s take a look at a few that could see some serious growth. Dogecoin: Can It Reach $1? Dogecoin, the meme coin with a loyal following, is aiming for the moon. With its growing acceptance as…
Bitcoin’s feeling pretty good these days, but investors aren’t jumping on the hype train just yet. The Fear & Greed Index, which measures investor sentiment in the crypto world, is currently sitting at 70, indicating a “greedy” market. This means most people are feeling optimistic about Bitcoin. How does the index work? It’s based on…
Bitcoin mining hashrate, a measure of the computing power used to secure the Bitcoin network, has just reached a new all-time high. This means miners are finding Bitcoin profitable and are investing more resources into the network. What is Hashrate? Hashrate is basically the total amount of computing power that miners are using to solve…
Bitcoin (BTC) has been stuck in a rut, failing to break through the crucial $70,000 mark. This has led to some investors getting squeezed out, with over $190 million in crypto liquidations in the past 24 hours. Liquidations Hit Hard The biggest losers were Bitcoin traders, with $47.7 million in liquidations. Ethereum (ETH) wasn’t far…
Leverage is on the rise in the Ethereum market, and that could mean big swings for the price. Leverage: A Risky Game The “Estimated Leverage Ratio” is a measure of how much risk traders are taking on in the Ethereum derivatives market. It compares the total amount of open derivatives positions (open interest) to the…
