Tag: bitcoin

Market Analysis

Bitcoin’s Recent Price Volatility Sparks Concerns Amidst SEC’s ETF Approval

The recent rollercoaster ride in Bitcoin’s price has left the cryptocurrency community on edge. Despite optimistic expectations following the SEC’s approval of Bitcoin ETFs, the reality has proven different. Bitcoin’s dip below $43,000 has positioned it slightly under a crucial on-chain level, triggering concerns within the market. Notably, 2.68 million […]

Market Analysis

ORDINAL PROTOCOL PRICE ANALYSIS & PREDICTION (January 14) – ORDI Preps For A Fresh Surge Amid Consolidation, Where Next?

The past few months saw ORDI through a massive rally as it returns over 15x in profits. Although the price retraced earlier this month but is now slowly bouncing back after holding the $63 level as support. ORDI recently paused bullish after witnessing notable growth since October 2023. It found […]

Market Analysis

BITCOIN CASH PRICE ANALYSIS & PREDICTION (January 12) – BCH Records Highest Weekly Volatile Session in Six Months, Up 16%

The aftermath of spot Bitcoin ETF has sparked a lot of positivity in the market as many altcoins resumed bullish this week. BCH just flipped through its recent high, charging strong for a bigger price movement.  After exploding massively to $329 in June 2023, BCH lost momentum and later found […]

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (January 10) – BTC Breaks Higher After A Month Accumulation, Signals Bullish Continuation

Bitcoin jumped 10% yesterday and broke through a key resistance to reach a new milestone. The price has dropped slightly in the past but remained strong on the daily outlook with a current dominance of 53.3% against altcoins. Following a sudden crash to the $40,500 level last week, Bitcoin reacted […]

Crypto, News

Bitcoin Success In El Salvador Inspires Other Nations To Embrace Cryptocurrency

The remarkable success story of El Salvador embracing Bitcoin is resonating globally, inspiring other nations to consider adopting the leading cryptocurrency. President Nayib Bukele of El Salvador has accumulated 2,798 Bitcoins for his country, already generating a profit of $13 million. Notably, this financial gain has been achieved even before […]

Crypto, News

Surge In Digital Asset Inflows In 2023; Significant Increase Despite Lower Than Previous Years

Data from 2023 indicates a substantial influx of $2.25 billion into digital asset investment products, marking it as the third-highest year since 2017. While 2020 and 2021 outpaced 2023 with $6.6 billion and $10.7 billion, respectively, the recent surge signifies a noteworthy recovery from the lower inflows observed in 2022, […]

Crypto, News

Ethereum Gains Momentum Surpassing Bitcoin In Holder Numbers Amid Buterin’s Roadmap Update

Ethereum, the second-largest cryptocurrency globally, is gearing up for a potential surge, capturing the attention and anticipation of the crypto community. As of now, Ethereum is valued at $2,330, showcasing a daily increase of 1.64% and a monthly growth of 8.16%. This consistent uptrend fuels speculations that Ethereum might soon […]

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (December 30) – BTC Trades Sideways Amid Low Volatility, Where Is It Heading Next? 

Bitcoin continued to suspend bullish to a sideway trend. Although it currently looks weak following a 1% loss in the past hour. It appeared to be gathering momentum for a big price movement. Since the price fell from $44,700 earlier this month, Bitcoin’s price has been moving sideways due to […]