Cardano suffered a decline of around -37% this summer 2023. Let's take a look at the prospects for the ADA price.
Is the decentralization of the Bitcoin network about to improve thanks to minimalist miners such as Nerdminer and Bitaxe?
In the vast crypto universe, every week brings its share of revelations and surprises. As enthusiasts and investors alike scrutinize the evolution of Bitcoin, the crypto giant has a week full of developments in store for us. Without further ado, let's dive into the fascinating world of Bitcoin, exploring the five major alerts that are on everyone's lips.
Renowned investor Warren Buffett doesn't like cryptocurrencies, bitcoin (BTC) included. And he's not hiding it. On several occasions, the billionaire has explained why, in his opinion, this asset is not worth investing your money in. Yet there is evidence that the businessman has missed an opportunity to increase his fortune.
The first domino of the bull run has fallen. U.S. companies will soon be able to account for their Bitcoin holdings at their fair value.
As we enter the final months of the year on the financial markets, there may be a seasonal trend known as the end-of-year rally. This trend intensifies before the Christmas holidays. Let's take a look at bitcoin's behavior in the run-up to Christmas, and the factors that can influence its price.
Bloomberg analysts increase their estimates of the chances of approval of a Bitcoin Spot ETF in the US. This change is the result of Grayscale's recent victory against the SEC in the Court of Appeals. An analysis which, if it proves correct, should boost the crypto sector considerably.
After suffering a drop of almost -10%, Ethereum came back to perform at over 5% at the start of the week. Let's take a look at the prospects for ETH.
In 2021, cryptocurrencies as a whole exploded the market counters in terms of valuation. Since then, the performance of the crypto industry has not reached a similar level. However, several experts are anticipating an end to this period of drought.
On September 18, 2023, The Lost Wallet will launch a free online game available at https://www.thelostwallet.com/ : an arcade game with a CryptoPunk worth $120,000 and a selection of NFTs as prizes. To win these rewards, the rule is simple: be the player with the fastest time in this arcade game. The course can be completed in less than 5 minutes.
The Bitcoin (BTC) price rebounded by over 1%, reaching a peak of $26,438. This rise is the result of several factors, including improved investor sentiment. The latter are beginning to ease liquidations on long positions.
While the Binance platform is facing numerous difficulties, the BNB price has not remained unaffected. Let's take a look at the prospects ahead for the leading exchange cryptocurrency.
Over the week of August 14, the bitcoin price fell by almost 12%. This turnaround was all the more dramatic as major thresholds that could have inspired long-term confidence were broken. The price of bitcoin fell below the $26,000 mark. It had stabilized above this level since March 2023. In our previous analysis in July, we pointed out that “the $26,000 area appears to be a major zone at present, and the absence of a recovery in volatility on traditional indices will probably determine the next move”.
After several weeks testing the $30K zone, bitcoin has come to register a drop of over 10%. Let's explore the outlook for the leading cryptocurrency.
The previous week was marked by a sharp decline in the crypto market. The leader in terms of market capitalization, BTC, recorded a 10% drop, closing the week at around $26500. What if this drop represented a buying opportunity for bitcoin (BTC), as a bullish recovery seems imminent? That's precisely what the RSI and Hash Ribbons suggest.
Fundstrat co-founder Tom Lee has predicted that the price of Bitcoin (BTC) could explode to $150k under certain conditions. If the U.S. SEC approves Bitcoin ETFs, the parent cryptocurrency could see its price cross the $150k mark. Among other key factors favoring this trend, he also states the interaction of cryptos with the general monetary climate.
After marking a new annual ATH in mid-July, the bitcoin price came to stabilize around the $29-30K mark. Since then, fluctuations on the leading cryptocurrency have stagnated, suggesting some movement ahead on the market.
At the edge of our economic landscape, bitcoin is making waves. Robert Kiyosaki has sketched out a startling prediction for 2024 that cannot be ignored.
After a prolonged phase of consolidation, notable movements seem ready to manifest themselves in the price of BTC. The Hash Ribbon indicator is currently displaying a buy signal, marking the end of the bitcoin (BTC) miners' capitulation. Could this be the catalyst for the next bull market?
Bitcoin (BTC) is the leading cryptocurrency in terms of market capitalization. Thanks to its many assets, the digital asset outperforms all its competitors and is the preferred choice of many investors. Convinced of its strong potential, some are choosing to invest exclusively in this cryptocurrency, snubbing all other altcoins. Jonathan Kirkwood's Ten31 is one such company or investor betting exclusively on the leading crypto. According to one of its founders, this strategy is proving highly successful.
Litecoin (LTC) has recorded a 10% drop since its recent halving event, which occurred just 9 days ago. While this drop may seem surprising, it is actually in line with historical trends. Litecoin may not experience a bull-run before Bitcoin's Halving in 2024.
In an instant, passions flare, rumors rumble, and the financial world is in turmoil. Bitcoin ETFs, which have recently come under the spotlight, seem to be unleashing all kinds of passions. On the one hand, some are crying wolf, suggesting imminent dangers for investors. On the other, there are those who defend these newcomers as a genuine opportunity. So, between myth and reality, where does the truth lie?
Despite an unstoppable bear market, bitcoin (BTC) is still attracting investors. This infatuation with the flagship crypto is no accident. It's based on the financial relevance the asset has built up over the 14 years of its existence. A period during which the asset has seen its lows. The asset's lowest valuation was $0.001, its first estimated value in October 2009. The flagship crypto has also experienced highs. In November 2021, the price of bitcoin reached a valuation of $69,992. This figure remains, by far, the highest ever reached by bitcoin since it came into existence. Will the leading cryptocurrency return to this level again? Indeed, bitcoin seems to be facing a glass ceiling. Benefiting from the dynamics of the crypto market, the asset has twice reached a price of $30,000 this year. A level that the flagship crypto was subsequently unable to break through. Yet many players in the crypto industry don't seem to trust these trends. Indeed, many of them have repeatedly expressed their optimism in this regard. They believe that, given current economic and financial conditions, the price would explode. Could this be the reason why many asset managers are scrambling to buy as many bitcoins as possible? Find out below.
The leading cryptocurrency is back in the zone around $30k, while maintaining relatively low volatility. US inflation figures on Thursday could bring more movement on bitcoin (BTC). Is the current uptrend likely to continue?
Recently, the leading cryptocurrency has displayed a considerably low level of volatility. This contrasts with its generally volatile nature relative to other assets. However, some traders and analysts see this low volatility as a precursor to a possible explosive rise in Bitcoin (BTC).
Growing demand for Bitcoin spot ETFs is breathing new life into the price of the largest cryptocurrency of all time. While a potential bitcoin rally is on everyone's lips, the question is how much BTC is still available for sale.
In 2019, Swiss billionaire Marc Faber acquired bitcoins at a modest price of $3800. So far, no information suggests that he has sold his position. Does he still hold his precious Bitcoins (BTC)?
Volatility, an emblematic feature of Bitcoin, seems to be experiencing unusual days. The cryptoasset so well known for its erratic movements is currently displaying lower volatility than even the S&P 500, technology stocks and even gold. A surprising phenomenon, but what is it really hiding? Could it be the calm before the storm?
In South Korea, gold bars can now be purchased as easily as energy drinks. Since September 2022, gold vending machines have been installed in shopping malls by GS Retail. They are accessible on a self-service basis and are very popular with the public! Interestingly, most shoppers are in their twenties and thirties. This brings the debate about access to physical precious metals back onto the table.
Another technical indicator gives a bullish signal, suggesting promising long-term prospects for the leading cryptocurrency. It suggests an imminent long-term rise, although bitcoin (BTC) may first revisit $28k before taking off.