Bitcoin’s price is stuck in a holding pattern, bouncing between $94,000 and $100,000. While the long-term outlook is still positive (Bitcoin is above key support levels), the short-term picture is unclear. Everyone’s wondering: what’s next? A huge price jump? Or a significant drop? Retail Investors Are Hesitant New data shows that smaller Bitcoin investors aren’t…
Ethereum has been lagging behind Bitcoin lately, failing to reach its all-time high. But a new analysis suggests a significant price jump could be on the horizon. Strong Support and Bullish Indicators Technical analysts are pointing to several factors suggesting a bullish outlook for Ethereum. The price is currently sitting above a crucial long-term support…
Ethereum’s price has been stuck in a bit of a rut lately, hovering around the $2,600 to $2,800 range. While it’s been trying to break above $2,800, sellers keep pushing it back down. But don’t count Ethereum out just yet! Holding Key Support Despite the price action, buyers are holding strong, preventing the price from…
Three major world powers – China, Japan, and the UK – significantly reduced their holdings of US Treasury bonds in December. The combined decrease totaled a whopping $81 billion. A Trillion-Dollar Sell-Off China: Shed $9.6 billion, leaving them with $759 billion – their lowest level since 2009. Japan: Sold off a massive $27.3 billion, still…
Big-name investment firm Franklin Templeton has jumped into the crypto ETF game with a new fund that invests in both Bitcoin (BTC) and Ethereum (ETH). This is their third crypto ETF, following separate Bitcoin and Ethereum ETFs launched last year. A Blend of Crypto Giants The new fund, called the Franklin Crypto Index ETF (EZPZ),…
A popular crypto analyst, Altcoin Sherpa, is making some bold predictions about the crypto market. He’s particularly bullish on a few altcoins, while offering a cautious outlook on Bitcoin. Sonic Boom: A 140% Gain and More to Come? Sherpa is extremely positive about Sonic (S), a layer-1 blockchain, which has seen a massive 140% price…
Crypto trader Michaël van de Poppe is making some bold predictions about the crypto market. He’s particularly bullish on one AI-focused altcoin, Bitcoin, and Ethereum. Bittensor (TAO) to the Moon? Van de Poppe, who boasts a large following on X (formerly Twitter), believes the Bittensor (TAO) token is poised for a massive rally. He’s predicting…
Bybit, a major crypto exchange, recently suffered a massive hack, resulting in the theft of around $1.4 billion worth of cryptocurrency. This incident sent ripples through the crypto market, particularly impacting the price of Ethereum (ETH). The Heist The hack involved a sophisticated attack on Bybit’s ETH cold wallet. Attackers cleverly manipulated a transaction from…
Coinbase is urging the US Congress to create clear rules for the crypto industry. They say the current lack of regulation is hurting innovation and investors. Six Key Priorities for Crypto Regulation Coinbase’s Chief Policy Officer, Faryar Shirzad, outlined six main things Congress should focus on: Clear Definitions: Congress needs to define what exactly counts…
Bitcoin’s price is hanging in the balance, and a key price level could determine whether it continues its upward trajectory or takes a tumble. The Crucial $92,500 Mark According to recent analysis, Bitcoin (BTC) needs to stay above its short-term holder (STH) cost basis—around $92,500—to avoid a potential crash. This price level has historically acted…
