As per the insights provided by analysts at CryptoQuant, it appears that there are certain on-chain metrics that could potentially indicate a turnaround in the bitcoin (BTC) market. One of the key indicators to watch is the Bitcoin Bull-Bear Market Cycle indicator, which currently shows that the crypto market is experiencing its least bullish state
admin
The European Central Bank (ECB) is currently in the final stages of preparing for the launch of the digital Euro Central Bank Digital Currency (CBDC) by October 2025. While the ECB has emphasized privacy and data protection as top priorities, there are troubling aspects of the digital Euro that raise serious concerns about financial control
The month of June witnessed a rather disappointing performance by Bitcoin, as the cryptocurrency traded on a decline, even plunging below the $60,000 mark at certain points. Many investors were left disheartened by this unfavorable price action. Crypto analyst Zen has identified major liquidity pools that could potentially impact Bitcoin’s price trajectory not only in
After analyzing the performance of Ethereum this week, it is evident that buyers are struggling to defend the key support level at $3,500. With a 3% decline, ETH is facing the risk of further downward movement if sellers maintain their pressure. The downtrend is clear with the past five weekly candles closing with a lower
The cryptocurrency markets are experiencing a downward trend today, with Bitcoin falling towards $60K and most altcoins witnessing slow declines. The total market capitalization has dropped to $2.37 trillion, reflecting a bearish sentiment across the board. Bitcoin’s price has decreased by 1.3% in the last 24 hours, pushing its weekly losses to around 6%. The
Opeyemi is a dedicated writer with a passion for the dynamic and innovative world of cryptocurrency. Despite not initially choosing the digital asset industry, Opeyemi has found himself deeply engrossed in this space for over two years. His commitment to unraveling the complexities of blockchain technology and sharing insights on cryptocurrency trends sets him apart
Earth Attack is not just another NFT project; it is a gateway to a world where sci-fi enthusiasts and those intrigued by extraterrestrial phenomena can come together. The project prides itself on the creation of an immersive environment where entertainment, community, and exploration intersect. What sets Earth Attack apart is its dedication to inclusivity and
Semilore Faleti, a cryptocurrency writer, has established himself as an expert in the field of journalism and content creation. His journey into the world of blockchain and cryptocurrency began with a passion for exploring the complexities and intricacies of digital assets. Semilore’s early years as a content writer focused on creating educational articles to cater
Samuel Edyme, also known by his nickname HIM-buktu, is a multifaceted individual with a diverse range of skills and interests. As a web3 content writer, journalist, and aspiring trader, Edyme has made a name for himself in the crypto space. His journey into the world of cryptocurrencies was not conventional, starting with a scam that
The recent decision by the US Supreme Court to overturn the Chevron doctrine has sparked a debate on its potential impact on crypto regulation, particularly with regards to the Securities and Exchange Commission (SEC). Economist Timothy Peterson believes that this ruling will limit the SEC’s interpretive power against Bitcoin and could lead to fairer regulations
The T-Rex Group, a financial services company, recently filed for a 2x leveraged MicroStrategy (MSTR) exchange-traded fund (ETF) in the United States. This ETF is being touted as potentially the most volatile ETF in the country. If approved, the fund, named ‘T-Rex 2X Long MSTR Daily Target ETF,’ aims to amplify the daily performance of
The prediction of no sharp correction following potential interest rate cuts by the U.S. central bank in September or November has sparked a debate among analysts. According to a recent post by the analyst ‘RamenPanda’, the Fed is likely to cut rates to stimulate the economy. This approach, which was also observed during the 2008
This Friday, a significant number of Bitcoin options contracts, totaling around 107,000, are set to expire with a notional value of $6.6 billion. This end-of-month expiry event is larger than usual end-of-week expiries, potentially leading to market volatility. The put/call ratio for today’s BTC derivatives is 0.5, indicating that twice as many long (call) contracts
Jesse Powell, the founder of Kraken, recently made headlines by donating $1 million, predominantly in Ethereum, in support of former US President Donald Trump’s re-election bid. While Powell claimed that his donation was intended to help the US maintain its leadership in blockchain technology, some may question the true motives behind his actions. Powell’s decision