Semilore Faleti is a cryptocurrency writer with a strong background in journalism and content creation. He has developed a specialization in the field of blockchain and cryptocurrency, showcasing his ability to break down complex concepts in a way that is accessible to a wide audience. Semilore’s passion for cryptocurrency stems from his recognition of the
Bitcoin
Bitcoin, the leading digital currency, has once again sparked discussions around market volatility with its recent price movements. Despite reclaiming the $56,000 price level, a sudden drop below $54,000 on July 5 sent shockwaves through the market. This event served as a stark reminder to investors of the intense fluctuations that are synonymous with the
The recent significant drop in Bitcoin’s price has been attributed to the impending distribution of 142,000 BTC by the defunct crypto exchange Mt. Gox. This has caused market anxiety as this amount represents 0.68% of the total Bitcoin supply and is slated for distribution among the creditors of the exchange. Large transfers have already been
Cryptocurrency expert Michael van de Poppe has recently pointed out a key indicator that hints towards a potential bounce for Bitcoin from its current price level. Following Bitcoin’s decline below $60,000, Van de Poppe mentioned in a social media post that Bitcoin’s CME gap has now closed, signaling a possible relief bounce for the crypto
The recent turmoil in the crypto market has left many traders reeling from significant losses as both Bitcoin and altcoins experience a market-wide crash. The downward spiral of the Bitcoin price has resulted in tens of thousands of traders being liquidated, leading to hundreds of millions of dollars in losses in just the last day.
Bitcoin, the leading cryptocurrency, has been facing significant negativity in the market, with prices remaining bearish. However, it has not deterred large investors from accumulating more Bitcoin in their portfolios. These investors, who hold over $600,000 worth of Bitcoin, have been actively increasing their holdings over the past six months. On-chain data from Santiment indicates
In a recent analysis, crypto analyst Quinten François has provided an ultra-bullish narrative for the future trajectory of Bitcoin. He suggested that Bitcoin could potentially rise to as high as $4.5 million. François highlighted the significance of Bitcoin’s fourth halving, claiming that the “fireworks” were just about to begin for the flagship cryptocurrency. According to
Tom Lee, Fundstrat’s head of research, has once again reiterated his bold prediction that Bitcoin will skyrocket to $150,000. His unwavering belief in the pioneer cryptocurrency’s bullish outlook has caught the attention of many investors and analysts alike. Lee’s recent interview with CNBC Television shed light on his optimistic stance on Bitcoin’s future, stating that
Arthur Hayes, the co-founder of BitMEX, recently shared an insightful analysis in his essay titled “Zoom Out,” where he highlights the resemblance between the economic turbulence of the 1930s-1970s and the current financial landscape. By delving into these historical economic patterns, Hayes suggests that there is a blueprint for anticipating the potential resurgence of the
Recently, Bitcoin has been experiencing significant volatility, bouncing back from a crash below $60,000 only to struggle to surpass key resistance levels such as $63,500. Despite efforts to stabilize above $61,000, bearish sentiment still prevails in the market. One crypto analyst, Alan Santana, has even predicted a further price crash in the near future. According
Bitcoin, the pioneer of cryptocurrency markets, has seen a significant shift in its weekend trading volumes according to a recent report by Kaiko. The once active weekends, known for their volatility, have now experienced historic lows in trading activity. The data reveals a sharp decline from 28% in 2019 to a mere 16% in 2024.
Delving into the realm of cryptocurrency, Opeyemi is a dedicated writer who has found his passion in unraveling the intricate world of blockchain technology and digital assets. His journey into this domain was not initially planned, but over the past two years, he has immersed himself fully into the space, continuously seeking to educate and
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
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