Despite the Chinese government’s ban on Bitcoin since 2021, Chinese investors have remained resolute in their pursuit of this digital asset. This unwavering interest is highlighted by the recent report from Reuters, which sheds light on the increasing investment flow from Chinese capital into Bitcoin. An Astute Strategy to Evade Regulatory Scrutiny One prime example
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In the midst of the current turbulence in the market, the Bitcoin Fear & Greed Index has been witnessing a steep decline. This decline has led to the index hitting its lowest level in over three months, as crypto investors become increasingly fearful and choose to hold onto their investments rather than participate in the
Speculation has resurfaced regarding a potential large-scale Bitcoin buy-in by Saudi Arabia and Qatar, two Middle Eastern countries. According to crypto analyst Justin Verrengia, there are indications that an official announcement may be made in the coming week. Verrengia, the host of the popular crypto channel Crypto News Alert, discussed the rumors sparked by crypto
Cryptocurrency analyst and enthusiast, Chris J Terry, has recently unveiled his insights on the price action of Bitcoin, delivering a pessimistic outlook on the future of the leading cryptocurrency. In a bold move, Terry took to the social media platform X (formerly Twitter) to share his predictions with the cryptocurrency community, anticipating a potential “continuation
The price of Bitcoin has experienced its fair share of ups and downs this week, failing to fully capitalize on its recent advancements. According to data from CoinGecko, BTC has seen a decline of over 3% in the past week, raising concerns about the sustainability of the bull run. However, a recent on-chain revelation offers
In anticipation of the fourth BTC Halving, Rekt Capital, a well-known cryptocurrency analyst, has provided insights into the potential directions that the price of Bitcoin could take. With the recent breach from the macro downtrend, analysts have been actively debating the next move for Bitcoin. Rekt Capital has weighed in on this issue and drawn
Renowned macroeconomist Henrik Zeberg has recently sent shockwaves through the financial world with his bold forecast regarding X (formerly Twitter) and the Bitcoin price. Zeberg predicts a meteoric surge in the value of Bitcoin, projecting it to reach a peak of $115,000 to $150,000. However, this remarkable rise is predicted to be short-lived, as it
The crypto market is buzzing with positivity as Ethereum, the second-largest cryptocurrency by market cap, has witnessed a surge in dominance against Bitcoin. This development has led to a wave of bullish sentiments, with experts hinting at the possibility of an altcoin season on the horizon. According to renowned crypto analyst Ali Martinez, Ethereum recently
Dogecoin (DOGE), the meme coin popularized by Elon Musk, has experienced a significant price correction in recent days. This correction, which has seen DOGE fall over 14% in the past 30 days, can be attributed to the dwindling market sentiment surrounding the hype generated by the approval of Bitcoin Exchange Traded Funds (ETFs), as well
Bitcoin, the pioneering cryptocurrency, has long been a topic of speculation and investment in the financial world. While its volatility has been a subject of concern for some, there are those who have a much more optimistic outlook on Bitcoin’s future. A prominent figure in the crypto trading community, Ash Crypto, predicts that the introduction
In the wake of the recent launch of a Bitcoin ETF, the Ethereum price has been performing well. However, an unsettling development has come to light that threatens to disrupt the price movement. Celsius Network, the now-bankrupt crypto lender, has commenced its reimbursement plan to creditors, as evidenced by the movement of its ETH holdings
Cryptocurrency intelligence firm ChainArgos recently conducted a detailed analysis that sheds light on concerning allegations surrounding the Polygon team’s involvement in secret sales of MATIC tokens, potentially leading to a suppression of the token’s price. By closely examining the token allocations and subsequent flows to various exchanges, ChainArgos uncovered irregularities that raise questions about the
Traders in the crypto realm are eagerly watching Chainlink (LINK) as it consolidates near the $16 mark, signaling a potential breakout towards $17 or even $20 in the coming week. This price coiling behavior between $13.00 and $17.00 since November aligns with classic market cycle patterns that present lucrative opportunities for knowledgeable traders. The current
In the world of digital currencies, Ethereum has recently staged a remarkable coup, outshining its longtime rival Bitcoin. Over the span of just two weeks, Ethereum has surged by an impressive 14%, capturing the attention of investors and enthusiasts. This surge has propelled Ethereum’s price above a key psychological barrier, as it surpassed $2,600 for
The US Securities and Exchange Commission (SEC) made a momentous decision on Wednesday, January 10, by approving the launch of spot Bitcoin ETFs. This marks a significant milestone in US trading history and has paved the way for increased institutional demand for Bitcoin. In just the first two days of trading, these investment funds have
In a recent analysis by crypto analyst Ali Martinez, he highlighted the potential for Solana (SOL) to continue its impressive performance from 2023. Martinez pointed out that SOL was breaking out from a bull flag on the 4-hour chart, suggesting a possible rally towards the $150 to $165 price range if there was a sustained
The price of Bitcoin has been soaring recently, thanks to the approval and launch of Spot Bitcoin ETFs. However, Jason Pizzino, a renowned crypto analyst, warns that this bullish momentum might come to a temporary halt. Pizzino predicts a significant price drop for Bitcoin due to its proximity to a crucial resistance point. In a
The price of Shiba Inu (SHIB) has been facing a continuous downtrend since the beginning of the month. It has fallen as much as 20% from the yearly open, reaching a low point of $0.000008735 on January 8th. Although there has been a recovery of 15% since then, with SHIB currently trading at $0.000009763, the
The approval of the Bitcoin spot ETF in the United States has made a significant impact on the cryptocurrency market, resulting in a surge in prices. Among the altcoins experiencing a remarkable rally, Ethereum Classic (ETC) stands out as a prominent leader. After a prolonged period of stagnation at around $20, Ethereum Classic has skyrocketed
Cryptocurrency enthusiasts are buzzing with excitement over a bold prediction made by Samson Mow, a prominent figure in the crypto world. Mow, known for his role as the former CSO at Blockstream, has set the stage for a colossal price surge in Bitcoin, which he calls the “Omega Candle.” According to Mow, this surge will
With the recent approval of Spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC), the focus of crypto investors has now shifted to the possibility of XRP ETFs. Steve McClurg, the Chief Investment Officer (CIO) for Valkyrie, believes that altcoins like Ethereum and Ripple’s XRP might be the next in line to
Dogecoin (DOGE), the popular meme coin, has garnered the attention of crypto analysts, who are closely monitoring its price movement. In this article, we will analyze the potential price levels that could signify profitable opportunities for investors. While considering the insights provided by crypto analysts Skew and Jaydee, as well as the bullish narrative shared
The recent approval of 11 spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC) has sent shockwaves through the cryptocurrency and Bitcoin market. This groundbreaking development signifies a significant milestone in the maturation of the industry, with the potential to attract a broader range of investors and pave the way for further
Prominent analysts in the crypto space have observed signs of a bullish breakout for Ethereum, the second-largest cryptocurrency by market capitalization. According to World Of Charts, Ethereum is currently showing consolidation within a bullish pennant pattern. This technical formation typically suggests a continuation of the upward trend for Ethereum. The analyst predicts that if Ethereum
The US Securities and Exchange Commission (SEC) is currently evaluating the approval of Spot Bitcoin exchange-traded funds (ETFs). This decision has significant implications for the cryptocurrency market and the future of institutional investment in digital assets. Meanwhile, the Depository Trust and Clearing Corporation (DTCC) has listed the Spot ETF tickers from VanEck and WisdomTree on
The cryptocurrency market is known for its volatility and ever-changing trends. To navigate this complex space, investors often turn to technical analysis indicators such as the Relative Strength Index (RSI) to gauge the momentum of different assets. Santiment, an analytics firm, has recently shared insights into altcoins that are currently exhibiting bullish and bearish divergences
Cryptocurrency analyst and advocate Scott Melker recently made bold projections regarding a massive inflow into Bitcoin following the approval of a BTC Spot Exchange-Traded Fund (ETF). However, several crypto analysts have voiced their disagreement and criticized Melker’s inflated projections. Melker suggested that $570 billion could potentially be invested in a Bitcoin ETF, which would represent