financial news

Altcoins Show Signs of Recovery Amidst Bitcoin Stability

Altcoins Show Signs of Recovery Amidst Bitcoin Stability

Altcoins rallying as Bitcoin calms down Ethereum (ETH), Solana (SOL) and Dogecoin (DOGE) are at the front lines of delivering the much-needed recovery. This increase comes after a recent low created in late-May, inspiring new hope among all markets, including crypto. Even though these altcoins are still trading below their...

Bitcoin Blasts Past $110K! What's Fueling the Crypto Surge?

Bitcoin Blasts Past $110K! What's Fueling the Crypto Surge?

Bitcoin just recently soared over the $110,000, bringing much excitement and enthusiasm to the crypto world. Investors and analysts are left now once again scrambling to identify the secret sauce behind this year’s remarkable rally. BlockOpulent.com is your guide to making sense of the boom, understanding the market landscape and...

Bitcoin Bulls and Bears Clash at $106,000 Amidst Tariff Agreement Hopes

Bitcoin Bulls and Bears Clash at $106,000 Amidst Tariff Agreement Hopes

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...

Ethereum's 40% Surge: Is This the Start of a New Crypto Era?

Ethereum's 40% Surge: Is This the Start of a New Crypto Era?

Ethereum is taking the cryptocurrency world by storm. Its unbelievable rocket-like rise has definitely piqued the interests of both long term investors and day traders alike. In fact, over the past week Ethereum (ETH) has increased by more than 40%, far outpacing Bitcoin (BTC) BTC’s relatively small 10% increase. This...

Ethereum Blasts Past $1,900: Is This the Bull Run We've Waited For?

Ethereum Blasts Past $1,900: Is This the Bull Run We've Waited For?

Ethereum, the second-largest cryptocurrency by market capitalization has been quite the talk of the town lately, as it recently crossed its realized price of $1,900 and kept on climbing. This is a big deal milestone. In short, it’s a measure of the average purchase price of all ETH currently in...

Ethereum Surges 29% Amid Shifting Market Dynamics

Ethereum Surges 29% Amid Shifting Market Dynamics

Ethereum saw one of the largest price increases in history, jumping 29% in a 24 hour period from May 8 to May 9. If so, this rally would signal an end to a 10-week bear market. During this recent bear market, Ethereum fell to its recent low of $1,385 on...

Ethereum's 29% Rally: Is It Just Hype, Or A Sustainable Surge?

Ethereum's 29% Rally: Is It Just Hype, Or A Sustainable Surge?

Instead, Ethereum’s recent 29% price surge has made waves, splashed across headlines, and rekindled the hopes of many. But hold on there, before you start counting commissions and ordering your Lambo. Are we right to be optimistic, or are we seeing an oasis that doesn’t exist in the crypto desert?Derivatives...

China's Monetary Easing Sparks Hope for Altcoin Rally

China's Monetary Easing Sparks Hope for Altcoin Rally

Recently, China has made large monetary policy shifts to address these promising trends. They have lowered interest rates and reserve requirements, which both inject liquidity into global markets and could trigger an altcoin rally. The central bank, the People’s Bank of China, has dropped interest rates to a record low...

Ethereum Price Surges Over 44% in Three Days, Analysts Eye $10,000 Target

Ethereum Price Surges Over 44% in Three Days, Analysts Eye $10,000 Target

Ethereum (ETH) has been on an incredible tear, rising more than 44% in the past three days alone. Analysts are all atwitter with conjecture off this monster rally. Some have speculated that the second largest cryptocurrency, by market value, is on its way to a price target of $10,000. A...