A crypto analyst known as cryptododo7 has noticed important trends regarding Bitcoin dominance, which may indicate a potential altseason in the Market. They shared insights suggesting that Bitcoin dominance has recently broken out of a bullish pattern, hinting at a climb toward 67.51%. While this could signal a major surge, the analyst warns it might ...
A recent statement from CryptoQuant’s CEO Ki Young Ju challenges the notion that Bitcoin’s peak is yet to come, arguing that focusing solely on retail investors’ on-chain activity may be misleading. He points out that many retail investors are likely investing in Bitcoin through ETFs, which don’t reflect directly on the blockchain. Ju emphasizes that ...
In the latest crypto Market updates, trading volume surged by 42% to $87.2 billion, even as Market capitalization saw a slight decline of 2%. Bitcoin remains stagnant below $85,000, influenced by a gold rally reaching $3,000 ahead of the US Federal Reserve’s rate decision. Notable developments include the launch of Solana futures ETFs and Ethereum’s ...
Despite concerns among investors due to a recent price drop, Bitcoin’s historic bull Market remains viable, with analysts suggesting the current correction may be a temporary shakeout before further gains. Bitcoin’s price fell 22% from its peak of over $109,000, but historical trends indicate that such corrections are normal within bull cycles. While bearish technical ...
Cryptocurrency exchange OKX has successfully obtained a crucial license in the European Union, allowing it to offer derivatives trading across the region. This development was announced by OKX’s Europe CEO, Erald Ghoos, who confirmed the acquisition of the MiFID II license, which is essential for launching derivatives products for institutional investors. This comes shortly after ...
Bitcoin’s recent drop to around $80,708, following a 14% decline, raises concerns among investors about a potential bear Market. Analysts suggest this may just be a normal correction within a broader bull Market. Aurelie Barthere from Nansen believes BTC might retrace to the $71,000-$72,000 range, which could stabilize the Market for a healthier recovery. Arthur ...
President Trump’s recent White House Crypto Summit hasn’t stopped Bitcoin from slipping below $79,000, with Ethereum also falling below $2,000 for the first time since November 2023. Analysts suggest the Market might experience further declines, with Fundstrat projecting Bitcoin could hit $62,000 by the end of March. Despite current weaknesses influenced by tariffs, there’s a ...
Tony Severino, a well-known crypto analyst, has forecasted a potential major correction for Bitcoin, predicting it could drop to around $83,600. This bearish outlook is based on the formation of a Head and Shoulders pattern on the Bitcoin price chart, which typically signals a reversal from bullish to bearish Market trends. Severino’s analysis suggests that ...
David Sacks, designated as the AI and Crypto Czar by President Donald Trump, has revealed that he sold all his cryptocurrency investments, including Bitcoin, Ethereum, and Solana, prior to taking office. This move was made to prevent any potential conflicts of interest during his government role. Although some speculated that Sacks might still indirectly own ...
Virtuals Protocol, a platform for creating and monetizing AI-driven virtual agents on the blockchain, has seen a dramatic drop in daily trading revenue, plunging by 96.8%. Despite expanding from Coinbase’s Ethereum layer-2 Base to Solana, the revenue has dwindled from over $1 million in early January to below $35,000 by late February. Daily earnings on ...
