Category: Crypto
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The ECB Economists Aren’t Exactly Wrong About Bitcoin (They’re Just Useless)
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Follow Aaron on our or X. Earlier this month, the European Central Bank (ECB) published a report paper The authors claim that the existence of Bitcoin could lead to the impoverishment of non-holders and laggards. Specifically, they wrote: “Since Bitcoin does not increase the productive potential of the economy, the…
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Bitcoin Price Retests Bullish Channel At $65,000, Analyst Reveals What’s Next
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This article is also available in Spanish. Cryptocurrency analyst MMBT Trader revealed that Bitcoin price is retesting the ascending channel at… Price level $65,000. He also mentioned what market participants should expect if the major cryptocurrency stabilizes above or falls below this ascending channel. Bitcoin price retests $65,000 and what…
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Bitcoin As A Tool: BRICS 2024 Summit Proposes Russian Miners Sell BTC To Evade Sanctions
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As the 2024 BRICS summit gets underway in Kazan, Russia, crypto-related discussions have taken center stage. Lawmakers from Brazil, Russia, India, China and South Africa are exploring the possibility of Russian miners leveraging Bitcoin in international trade, with the aim of circumventing tough sanctions imposed by the United States. Lawmakers…
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$200,000 Bitcoin In 2025? $791 Billion Firm Calls It ‘Conservative’
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This article is also available in Spanish. Bernstein Research, the prestigious research arm of global asset manager AllianceBernstein, expects the price of bitcoin to reach $200,000 by the end of 2025. The firm, which manages $791 billion in assets as of August 2024, describes this forecast as “conservative” in Its…
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Bitcoin Recovers from 3-Day Dip, Holds Above Bull Flag Support
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Bitcoin recovers from a 3-day dip, holding above the bull flag trendline. U.S. election dynamics and economic conditions could support further gains. The post Bitcoin Recovers from 3-Day Dip, Holds Above Bull Flag Support first appeared on Investorempires.com.
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Litecoin Records Highest Volume Since May 2023, Bullish?
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On-chain data shows that Litecoin recently recorded its highest weekly volume since May 2023. Here’s what this could mean for the asset’s price. Litecoin transaction volume has been on the rise recently In new mail On “Transaction volume” here refers to an on-chain metric that tracks the total amount of…
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Bitcoin’s Current Decline Could Be Temporary—Key Signs of A Rally Revealed
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Bitcoin (BTC) has seen a slight price decline recently, but according to a new report analysisHowever, there could be signs of a potential upside in the short term. CryptoQuant analyst, Yonsei Dent, shared his thoughts on the CryptoQuant QuickTake platform, focusing on the Coinbase Premium Index and its impact on…
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Bitcoin’s Current Decline Could Be Temporary—Key Signs of A Rally Revealed
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Bitcoin (BTC) has seen a slight price decline recently, but according to a new report analysisHowever, there could be signs of a potential upside in the short term. CryptoQuant analyst, Yonsei Dent, shared his thoughts on the CryptoQuant QuickTake platform, focusing on the Coinbase Premium Index and its impact on…
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20 New Brands And National Network In The Works
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Vietnam has taken an important step towards developing its blockchain ecosystem by launching its National Blockchain Strategy. strategy, Announce By the Ministry of Information and Communications (MIC) on October 23, it sets out a roadmap for the country’s development of a decentralized network and aims to position Vietnam as a…
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20 New Brands And National Network In The Works
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Vietnam has taken an important step towards developing its blockchain ecosystem by launching its National Blockchain Strategy. strategy, Announce By the Ministry of Information and Communications (MIC) on October 23, it sets out a roadmap for the country’s development of a decentralized network and aims to position Vietnam as a…
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Web3 Automation Provider Ava Protocol’s Demand Surges 900% Ahead Of Token Launch
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Ava Protocol, EigenLayer’s active, event-driven service (AVS), has seen significant growth since its launch in July. Automation provider Web3 reported a surge in demand for its “super-transaction” solution ahead of its token launch. Web3 automation provider sees 900% increase in demand Ava protocol I mentioned 900% increase in demand for…
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Bitcoin’s Breakout From Broadening Wedge Pattern Setting The Stage For Potential Rally?
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Bitcoin It is showing strong resilience, breaking several key resistance levels and bullish technical patterns despite the bearish swing in the overall cryptocurrency market, slowing BTC’s renewed upward move. Bitcoin is seeing a major breakout from a bullish pattern Bitcoin’s recent breakout from an expanding wedge pattern may raise hope…
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Bitcoin’s Breakout From Broadening Wedge Pattern Setting The Stage For Potential Rally?
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Bitcoin It is showing strong resilience, breaking several key resistance levels and bullish technical patterns despite the bearish swing in the overall cryptocurrency market, slowing BTC’s renewed upward move. Bitcoin is seeing a major breakout from a bullish pattern Bitcoin’s recent breakout from an expanding wedge pattern may raise hope…
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Predictions Of Cycle Top And Next Bear Market Bottom
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This article is also available in Spanish. As Bitcoin (BTC) faces a minor correction, trading below the critical support level of $66,000 after several failed attempts to breach the $70,000 mark, analysts are observing important technical indicators that may indicate a price recovery in the future. Notably, BTC’s weekly Moving…
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Freedom! Nigerian Court Clears Binance Exec, Orders Immediate Release
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Tigran Gambaryan, Binance CEO, has been detained since February He was officially acquitted of all charges By the Nigerian government. The Economic and Financial Crimes Commission (EFCC) requested the withdrawal of the case from the Federal High Court in Abuja during the court sitting on October 23, 2024. This announcement…
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Ethereum Price Faces Key Hurdles: Can It Break Through?
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This article is also available in Spanish. Ethereum price extended its losses and tested the $2,450 support area. ETH is recovering from its losses and faces several hurdles near the $2,550 level. Ethereum has started a bearish correction below the $2,550 support level. The price is trading below the $2,550…
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Base, Arbitrum, And Ethereum L2s Will Have To Buy Decentralization, Here’s Why
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After years of improvement, Ethereum, the world’s largest smart contract platform, has begun to expand. However, it is not expanding in the way that most proponents of decentralization would like. The network is trying to accommodate all its users, and now relies mainly on off-chain solutions using pooling techniques to…
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Expert Picks 5 Altcoins To Watch, Declaring Arrival Of The Altseason After Three Years
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Ronaldo is an experienced cryptocurrency enthusiast dedicated to the emerging and ever-evolving industry. With over five years of intense research and unwavering dedication, he has developed a deep interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which quickly turned into a deep passion to…
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Vitalik Buterin Labels Michael Saylor’s Bitcoin Comments ‘Batshit Insane’
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Statements made by a famous executive from a Bitcoin development company, in which he called on large financial institutions to acquire Bitcoin, Disappointed Cryptocurrency community. Michael Saylor, CEO of MicroStrategy, is now at the center of strong criticism after he said it would be better for Bitcoin to be in…
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Bitcoin Bears Lose Control As BTC Net-Taker Volume Shifts Positive
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This article is also available in Spanish. Bitcoin has seen an impressive rally since early September, rising 31% from local lows of around $53,000. However, after testing the $69,500 supply level, the cryptocurrency is facing selling pressure. Despite this, Bitcoin remains strong, holding above the previous high of around $66,000,…