On Monday— Valentines Day —Bitcoin’s price skyrocketed to over $110,000. This increase was the first time it has topped that mark in almost two weeks. The latter of which has the cryptocurrency now sitting less than 2% away from its all-time high. This wave of investment coincides with a period...
Everyone's celebrating Bitcoin hitting $110,000. The champagne’s flowing, and the crypto Twitterati are already Photoshop-ing Lambos. As an analyst based in Tokyo, who sleeps more soundly on the foundations of disciplined research than the pillow of speculative hype, I’m seeing flashing red. This is not a long-term moonshot, this is...
You would be forgiven for assuming that Bitcoin’s price is a direct result of Elon Musk’s tweets or the new hot DeFi trend. Think again. The true puppet master pulling the strings from behind the curtain is the burgeoning, at times boiling, US-China trade war. As one of the few...
Bitcoin (BTC) has been riding another wave of high volatility lately, meeting significant resistance at around $106,000, with the long-term outlook still very bullish. Recent price action indicates a battle between buyers and sellers, with potential for both upward and downward movement in the near future. As such, the cryptocurrency’s...
The crypto market is beginning to turn. Altcoins and memecoins are flexing hard and Bitcoin’s dominance is breaking down. This fundamental trend is a bullish indication of the potential imminent arrival of “altseason,” a period where alternative cryptocurrencies to Bitcoin outperform BTC.As Michael Van Poppe, founder of MN Capital, pointed...
After a strong recovery rally last week, Bitcoin (BTC) is showing signs of consolidation around the $104,000 price level on Monday. The world’s leading crypto, Bitcoin, saw a significant 10.44% increase in price daily and weekly. Ethereum (ETH) is finding support near its 200-day Exponential Moving Average (EMA), while XRP...
We've all seen the headlines: Bitcoin surges, Ethereum soars, XRP jumps. Looking at the crypto market, you’d think it was 2021 and time to party like it’s…2021…again. Before you remortgage your mansion and YOLO into altcoins, let’s hit the brakes. Have we truly just walked into a prolonged bull run?...
Bitcoin's "stability" around $104,000? Headlines are screaming that bitcoin is poised to rally back to all-time highs, analysts are drooling over bullish RSI indicators. Let's be brutally honest: who actually benefits from these pronouncements? The average commuter in Johannesburg, and the woman who can’t afford to feed her children, respectively,...
The altcoin dream? It's fading. Fast. We all recall the 2017 ICO boom and the DeFi summer of 2020. Fortunes were made—and lost—on everything from Dogecoin to decentralized exchanges. Unfortunately for Texas engineers, those days of easy riches are over. The market has matured, and to be quite honest, the...
Ethereum (ETH) proved to be extremely strong throughout the last week, outperforming Bitcoin (BTC) by a wide margin. Arbitrum’s latest rally has not only continued to pump outstanding returns through the market but sparked big liquidations too in the crypto scene. Analysts are now eagerly watching ETH to see its...
