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
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
Travis Kling, Founder and Chief Investment Officer of Ikigai Asset Management, has recently provided insights on the current state of Bitcoin, highlighting its performance in relation to macroeconomic factors. Despite the NASDAQ experiencing a significant surge, Bitcoin has shown relatively flat performance. This disparity raises questions about Bitcoin’s ability to keep up with traditional market
In the midst of the ongoing turbulence in the cryptocurrency market, investors are shifting their focus towards Bitcoin, which has long been considered the safest asset in the digital currency ecosystem. This shift has led to Bitcoin’s dominance reaching a nine-week high of 57%. While other cryptocurrencies are facing significant sell-offs, Bitcoin is standing out
Growing up in Edo State, Nigeria, with my three siblings has been a defining experience for me. My parents have always been my pillars of support, guiding me through the highs and lows of life. Their unwavering love and encouragement have been a source of strength for me, shaping my values and beliefs. Three years
Recent data from CoinShares revealed that crypto funds experienced outflows totaling $600 million in the week ending June 14. This came after five consecutive weeks of inflows, signaling a shift in investor sentiment towards digital assets. The outflows were primarily seen in Bitcoin and Solana funds, with the former witnessing $621 million exits and the
Bitcoin, the ever-volatile cryptocurrency, has shown a recent decline in price, sparking fears of an extended bear market. Amidst the uncertainty, there are some faint bullish signals emerging. One such signal is the Bitcoin Taker Buy Sell Ratio. This metric, which monitors the balance between buy and sell orders on exchanges, has dipped below one,
Recent data from CoinMarketCap shows that Bitcoin has experienced a decline of 4.65% in its market price over the last seven days. This has raised concerns among investors, especially after prominent crypto analyst Ali Martinez issued a warning about a potential further decline if Bitcoin fails to secure a specific support zone. In his analysis,
Bitcoin has been under significant selling pressure in recent days, with on-chain data indicating that miners have been actively selling off their BTC holdings. According to a post by crypto analyst Ali Martinez, miners have offloaded more than 1,200 BTC in a single day, amounting to roughly $80 million. This increased selling activity by miners
Crypto analyst TechDev has recently provided intriguing insights into the future trajectory of Bitcoin. According to TechDev, Bitcoin has not yet reached its full potential in the current market cycle, indicating that more price surges are on the horizon for the popular cryptocurrency. In a recent X post, TechDev highlighted that blowoff tops in Bitcoin