Category: Bitcoin

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…

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…

Bitcoin recently faced a significant rejection at the $62,498 resistance level, indicating a prevailing bearish dominance in the market. This failure to break through a critical threshold has underscored the strength of selling pressure and raised concerns about potential downward trends. The rejection at the key level has triggered caution among traders and investors, prompting…

As Bitcoin, the leading cryptocurrency, approaches a critical juncture in its price movement, analysts are split on the future outlook. After reaching an all-time high above $71,000 earlier this year, Bitcoin has seen a pullback and is now hovering around the $61,000 support level. This recent dip has sparked a debate among market experts, with…

The recent trend of outflows in Spot Bitcoin ETFs has raised concerns among investors, as the funds have recorded seven consecutive days of outflows. This alarming trend has coincided with a decline in the Bitcoin price, indicating a possible correlation between institutional sell-offs and miner sell-offs. The average daily outflow of around $100 million has…

The crypto market has been witnessing a significant downturn, with Bitcoin at the forefront of the decline. From its all-time high earlier this year to its recent plunge to new lows, Bitcoin has been on a rollercoaster ride that has left investors feeling uneasy. The once-sizzling excitement surrounding Bitcoin has now turned into dread, as…

Anthony Scaramucci, the founder of SkyBridge Capital, has made some bold predictions regarding the future of Bitcoin. In a recent interview on Unchained, he expressed his belief that Bitcoin could reach new all-time highs if Joe Biden wins the upcoming presidential election. Scaramucci is confident that under a second Biden administration, Bitcoin could soar to…

Bitcoin, the flagship cryptocurrency, is currently experiencing a significant decline in its price, hovering closer to the crucial $60,000 mark. The overall sentiment in the market has turned bearish, fueled by a combination of macroeconomic factors and a recent surge in selling pressure. This shift has left Bitcoin struggling to maintain higher price levels, sparking…

The recent analysis by crypto analyst, Justin Bennett, has raised concerns about the potential for Bitcoin to experience further declines in price. Bennett’s prediction of a price crash to levels around $52,000 to $54,000 is based on the breaking of key support levels, signaling a shift from a bullish to a bearish position. The presence…

The recent performance of Bitcoin has not painted a positive picture for the cryptocurrency market. In the past week, Bitcoin, along with other large-cap assets, has seen significant losses. This downtrend has raised concerns among investors and analysts about the future direction of the leading cryptocurrency. Despite some temporary recovery, the recent price action data…

Bitcoin has recently experienced a significant decline, dropping below the $64,000 mark to a low of $63,564. This represents a 2.5% decrease in the last 24 hours and an overall decline of 12% over the past two weeks. Amidst this downward trend, Arthur Hayes, the co-founder of BitMEX, remains optimistic about Bitcoin and is actively…

The recent Bitcoin price crash below $66,000 has sent shockwaves throughout the market, resulting in over $90 million in liquidations within a 24-hour period. Despite the significant drop in price, analysts are cautioning that the worst may not be over yet. Crypto analyst Ali Martinez has even suggested that Bitcoin could be poised for another…