Of course, the crypto market is always moving and evolving. In the blink of an eye, wealth can be acquired or evaporated! For the last few months, Bitcoin’s been hogging all of the attention, putting numerous altcoins to shame. Miles O’Connor, a keen observer of the crypto space, explores the...
Is Bitcoin really the safe haven as it’s advertised to be? The recent geopolitical shock caused an immediate, noticeable drop that nobody expected. This reaction of course spoke volumes and set the stage quite ostentatiously. Bitcoin rallied with brilliant velocity while altcoins… …like a lot of them, continued to bleed...
The chances of an immediate Altcoin Season are dwindling. Bitcoin’s dominance (BTC.D) continues to rise, despite a recent market pullback. Several analysts had anticipated a drop in BTC dominance as a signal for the start of an Altcoin Season, where alternative cryptocurrencies outperform Bitcoin. Yet, the reverse has played out,...
Once again, Bitcoin’s back on top. The price rebounds, the dominance graphs go up, and the “crypto bros” are once again flexing their muscles. While Bitcoin maximalists celebrate, let's not forget the human cost often swept under the rug in this volatile game. We’re sold on the idea that it’s...
If you have not noticed, the cryptocurrency market is fairly unstable. Of late, this volatility has caused panic in even the most experienced investors. Bitcoin, the bellwether of the crypto world, is down over 30 percent from its highs last month, taking much of the altcoin space down with it....
The sky isn't falling. Everyone's panicking. Bitcoin dropped below $103,000 and all of a sudden it’s Armageddon? Please. As a Tokyo-based analyst, too many times have I seen market overreactions to know that a knee-jerk reaction is a big mistake. This isn't the end. It could very well be the...
Despite being one of the smallest projects by market cap, Dogecoin’s network activity has recently exploded, surpassing both Bitcoin and Ethereum when measuring daily active addresses. This jump represents an increased interest and adoption of the meme-backed cryptocurrency. The data points to a marked increase in on-chain metrics, indicating the...
GameStop's plunging stock price after announcing a massive $2.25 billion convertible senior notes offering screams one thing: uncertainty. That uncertainty isn’t just referring to their mainline business; it’s specifically regarding their entry into the risky, as always, Bitcoin world. Are they just pretending to play 4D chess while rolling dice...
GameStop, the onetime doomed legacy video game brick-and-mortar, is once again making headlines. It’s not for the reasons its devoted followers had wished. The company’s recent plunge into Bitcoin has raised eyebrows and made waves. Many are now calling into question the transparency of its strategy. This article will explore...
Over the past week the entire crypto market has taken quite the dip, mostly fueled by the increasing tensions between Israel and Iran. This article, decoded and dissected for BlockOpulent.com readers, examines the impact of these geopolitical events on major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), offering...
