Bitcoin continues to be shaky at around $26,000 after a violent crash last Thursday. However, the flagship crypto asset is not likely to see prominent gains before the much-anticipated halving that is expected to occur on April 20, 2024. According to Pantera Capital’s recent projection, the next halving would see Bitcoin surging to $35k before it and $148k after the fact, citing historical patterns. Bitcoin Halving Observations by Pantera Pantera Capital asserts that the...
Read More »Analysts: BlackRock is Hurting Itself by Partnering with Coinbase
As we all know by now, BlackRock – which is trying to bring a bitcoin-based exchange-traded fund (ETF) to fruition – has partnered with Coinbase in its application as a means of creating a safe custody haven for users. However, some analysts believe this move is going to come back and bite the company in the rear. Should BlackRock Find a Replacement for Coinbase? Coinbase is currently being sued by the Securities and Exchange Commission (SEC), the financial agency...
Read More »BitMEX’s Arthur Hayes: Bitcoin is Antidote for ‘Flawed, Corrupt, Parasitic’ Fiat Banking System
Fed chairperson Jerome Powell has been at the receiving end of significant backlash for his stance on implementing the same approach that helped the US get rid of inflation several decades ago. This strategy has been strongly contended by BitMEX founder Arthur Hayes while pointing out the difference in economic and monetary conditions in the US today from what they were in 1980. Hayes said the Fed is doomed to fail if it continues to run the same playbook, particularly given...
Read More »Pantera Capital: Bitcoin Set to Hit $35K Pre-Halving and $148K After
CoinspeakerPantera Capital: Bitcoin Set to Hit $35K Pre-Halving and $148K After Pantera Capital believes that the recent XRP ruling, possibility of a BlackRock ETF and the next Bitcoin halving will spike prices. Pantera Capital: Bitcoin Set to Hit $35K Pre-Halving and $148K After
Read More »FTX Wants to Hire Galaxy Digital to Sell, Stake or Hedge Its Billion-Dollar Crypto Holdings
CoinspeakerFTX Wants to Hire Galaxy Digital to Sell, Stake or Hedge Its Billion-Dollar Crypto Holdings Galaxy Digital will help FTX return funds to its creditors while making sure that the value of FTX's $3 billion of crypto holdings doesn't subside. FTX Wants to Hire Galaxy Digital to Sell, Stake or Hedge Its Billion-Dollar Crypto Holdings
Read More »Bitcoin and Crypto Market Bounce Back after Sell-Off, Will Recovery Continue?
CoinspeakerBitcoin and Crypto Market Bounce Back after Sell-Off, Will Recovery Continue? All eyes are on the Fed's Jackson Hole meeting ahead this week as Fed Chair Jerome Powell is likely to announce interest rate hikes. Bitcoin and Crypto Market Bounce Back after Sell-Off, Will Recovery Continue?
Read More »EOS Price Analysis: Upsides Could Be Capped Near $0.625
EOS price started a fresh decline below the $0.625 zone against the US Dollar. The price is now trading below $0.610 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6145 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.615 and $0.625 resistance levels. EOS price is struggling below $0.615 against the US Dollar, unlike Bitcoin....
Read More »Litecoin (LTC) Price Analysis: Bears In Control Below $72
Litecoin is showing bearish signs and trading below $75 against the US Dollar. LTC price is now trading below $72 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $71.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $72 resistance zone. Litecoin price is struggling below $75 against the US Dollar, similar to Bitcoin. LTC price...
Read More »Chainalysis: Crypto Ransomware Has Grown in 2023
When it comes to crypto crime, a new report issued by blockchain analysis firm Chainalysis shows that there’s good news and bad news. The good news is that such crime is down across the board. About 65 percent down, to be exact. The bad news is that much of the crime in the crypto arena has shifted to ransomware. Chainalysis Report Shows Ransomware Growing 2022 was arguably the worst year on record for crypto. It brought about one of the worst bear markets in...
Read More »Despite the Crash to $25K, is a Bitcoin Bull Market Still in Play? (BTC Price Analysis)
Bitcoin’s price has recently crashed, losing nearly $5,000 in one day. The following analysis looks at the details behind the crash and how it affects the overall market’s trend. Technical Analysis By Edris The Daily Chart On the daily timeframe, the price has been rejected from the $30K resistance level multiple times in recent months. The last rejection from this level and the 50-day moving average near the same price have initiated a significant drop to the downside. BTC...
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