Bitcoin recently completed an impressive rally, surging from $105,000 to over $110,000, stimulating euphoria among traders. All the 10X multiplier buzz has worn off as prices retraced downwards to right around $109,000. Now some are wondering if this really is a breakout or simply a bull trap 101. Miles O’Connor...
Ethereum has been experiencing a historic surge recently. It has since blasted well beyond that $2,800 level, truly tantalizing traders and investors in the process. This isn’t just some arbitrary pump. A perfect storm of factors is fueling this bullish momentum, from technical indicators turning green across the board to...
The crypto market is extremely active right now. BlockOpulent is here to slice through all the noise and give you the complete picture that matters. Although Bitcoin has hit pause, Ethereum and Dogecoin are dominating this story, subject to sharp and headline-worthy price swings. The US-China trade consensus at least...
Times are changing Change is in the air across the entire crypto ecosystem. The Altcoin ETF Summer mania is getting hard to miss. The crypto community is understandably excited about the possible near-term approval of Exchange Traded Funds (ETFs) that could track dozens of different altcoins. Individual altcoins such as...
That’s because the crypto market may be the most volatile market in the world but it’s the most opportune market too. As we look toward the next bull run, knowing which altcoins to accumulate ahead of time will be key in yielding maximum returns. This article dissects five altcoins—Qubetics ($TICS),...
Ethereum, the second-largest cryptocurrency by market capitalization, is currently undergoing an intriguing battle between bullish and bearish signals. Speculators are understandably hanging on to every go-with-your-gut move. They are attempting to figure out if a big breakout is coming soon, or if a retracement is more likely. This article explores...
The crypto market is no stranger to dramatic fluctuations. Perhaps the biggest catalyst leading these movements is economic data, particularly the U.S. Consumer Price Index (CPI). This index measures the average change over time in the prices paid by urban consumers for a basket of consumer goods and services. Crypto...
The crypto world moves fast. With the flip of a switch, fortunes are won and lost, and stories win or lose with the tide of sand. One of the most persistent narratives is “altcoin season.” Historically, during this period altcoins—cryptocurrencies other than Bitcoin—tend to outperform the king of crypto. What...
The lurking, mysterious universe of crypto is never devoid of bold predictions and forecasts, but BlockOpulent is here to break down the most recent. Renowned cryptocurrency analyst Michaël van de Poppe has recently suggested a fascinating scenario: a potential short-term correction in gold prices could act as a catalyst, triggering...
The cryptocurrency world is moving extremely fast, with new developments and next big things being announced every day and money pouring into the latest investment fad. Recently, a notable trend has been observed: institutions are increasingly turning their attention from Bitcoin to Ethereum. This piece will explore the factors fueling...