Author: cryptotechbro
Este artículo también está disponible en español. The Bitcoin price trajectory has been nothing short of impressive since the beginning of November. Notably, Bitcoin has been up by about 20.8% from its November low of $67,690, which has allowed it to break into new all-time highs successively. Interestingly, technical analysis of the Bitcoin price suggests this uptrend isn’t stopping soon, and Bitcoin holders can continue to expect gains as the year draws to a close. According to crypto analyst Tony “The Bull” Severino, CMT, the SuperTrend indicator is now pointing to a bullish continuation for the Bitcoin price. What’s more…
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After leaving crypto liquidity firm GSR in 2023, former Millennium and Pimco executives are coming back to crypto by launching a dedicated advisory firm.
Follow Frank on X. Now that Trump has been elected, Bitcoin enthusiasts and companies alike are more optimistic about the future of Bitcoin in the United States. We can clearly see this reflected in the price of bitcoin, which continues to reach new all-time highs in the wake of the election.While it’s exciting for to watch US Bitcoiners breathe something of a collective sigh of relief as bitcoin’s price pumps (which is important), it’s also essential to recognize that we that if we don’t stay vigilant and lose our ability to transact privately and as anonymously as possible with bitcoin,…
The management of bankrupt crypto exchange FTX has launched a lawsuit against American financier Anthony Scaramucci and his hedge fund company SkyBridge Capital to recoup funds invested by the exchange’s former CEO Sam Bankman-Fried (SBF). This legal action forms part of major efforts by the FTX bankruptcy estate to recover ill-spent funds by the previous administration and settle its existing creditors. FTX Deals With Scaramucci Shows No Benefit, Lawyers Claim According to a recent report by Bloomberg, FTX filed 23 lawsuits in the Delaware bankruptcy court on Friday all to claw back funds directed at shady investments by Bankman-Fried. The…
Este artículo también está disponible en español. Experts are confident that Shiba Inu could potentially undergo a massive price surge on the back of a positive overall outlook on cryptocurrency. Donald Trump’s victory in the recently concluded US election brings waves of optimism in the cryptocurrency market which SHIB Inu can ride on to propel it to a 306% price hike. Related Reading Shiba Inu: Explosive Growth A market analyst predicted that the price of Shiba Inu could soar by at least 306%, as the entire cryptocurrency market is going on an overdrive excited by the results of the US…
Analyst forecasts $110K Bitcoin price, BlackRock sees $1 billion in daily inflows into spot Bitcoin ETF, and more: Hodler’s Digest
Bitcoin has historically followed a familiar four-year cycle. Now, two years into the current cycle, investors are closely watching patterns and market indicators for insights into what the next two years may hold. This article dives into the anatomy of Bitcoin’s four-year cycle, past market behavior, and future possibilities.The 4 Year CycleBitcoin’s four-year cycle is partly influenced by the scheduled halving events, which reduce the block reward miners receive by 50% every four years. This halving decreases the supply of new Bitcoin entering the market, often creating supply-demand pressures that can push prices higher.This can be clearly visualized by the…
The Ethereum Foundation (EF) released its annual financial report earlier today, revealing substantial holdings and a commitment to transparency and long-term sustainability. Ethereum Foundation Holdings As of October 31, 2024, the EF disclosed that its treasury holds approximately $970.2 million, with $788.7 million in crypto assets and $181.5 million allocated to non-crypto investments and assets. Notably, nearly 99.45% of the EF’s crypto holdings are in Ethereum (ETH), representing 0.26% of the total circulating supply of ETH. In its report, the EF emphasized a conservative treasury management policy designed to weather market volatility and ensure the availability of resources during extended…
Este artículo también está disponible en español. Ethereum has finally surged after breaking through a critical resistance level that had kept the price subdued since early August. This move has shifted market sentiment, as many investors and analysts previously doubted ETH’s potential in the current cycle, expecting it to lag behind. However, Ethereum’s recent strength is starting to reshape these perspectives. Prominent analyst and investor Ali Martinez recently shared insights indicating that while Ethereum’s momentum is building, the much-anticipated “Altseason” hasn’t arrived just yet. Related Reading According to Martinez, this stage of the cycle typically sees Bitcoin outperforming Ethereum and…