The upcoming United States elections are approaching, and the American crypto industry is poised for a potentially game-changing moment. With candidates holding contrasting views on digital assets, the role of crypto voters is becoming increasingly significant. According to Coinbase, a popular crypto exchange, the impact of crypto voters could be pivotal in determining the outcome
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Bitcoin’s price is currently approaching a critical juncture where it could potentially bottom out or face further decline in a correction reminiscent of the summer of 2021. Various metrics are being closely monitored to gauge the direction in which the leading cryptocurrency may move. CryptoQuant’s weekly report highlights that bitcoin’s price recovery or bottoming may
Recently, the Bitcoin price has shown promising signs of recovery, climbing back above $58,000 after a tumultuous period. A well-known crypto analyst has pointed out a chart formation that could indicate a continuation of this upward trend for the premier cryptocurrency. The analyst, Ali Martinez, highlighted the formation of an ascending triangle pattern on the
The world of cryptocurrency has once again proven to be a space where unexpected events can lead to significant price movements. The recent assassination attempt on former US President Donald Trump has resulted in the explosion of several cryptocurrency tokens related to him. This comes as a surprise, as initial reports indicated that he was
Semilore Faleti is a rising star in the world of cryptocurrency writing, specializing in journalism and content creation. His journey into the realm of blockchains and digital assets has been marked by a deep passion for unraveling the complexities of this fascinating industry. Starting out as a writer covering various topics, Semilore quickly discovered his
Jamie Coutts, Real Vision’s chief crypto analyst, has identified a promising indicator for Bitcoin’s future trajectory. He pointed out that Bitcoin’s hash rate decline is beginning to slow down, a trend that typically signals a potential bottom and reversal of bearish momentum. This deceleration in hash rate decline hints at a possible end to miners’
Cardano (ADA) has seen a notable 20.29% increase in price over the past week, aligning with the overall positive trend in the cryptocurrency market. This surge in ADA’s trading volume, starting from a low of $0.335 on July 8, has allowed it to outperform many other high-market-cap cryptocurrencies. One of the primary factors contributing to
Over the past week, Bitcoin’s price has seen significant fluctuations, ranging from $54,000 to nearly $60,000. Currently, the cryptocurrency is trading at around $58,000 according to Coingecko’s data. This volatility has led numerous analysts to speculate on the possibility of a fresh resurgence in the price of Bitcoin. Some analysts, such as Crypto Rover with
The stablecoin market has seen significant changes in recent years, with Tether’s USDT losing its dominance. Kaiko’s latest data indicates a decline in USDT market share, dropping from 82% to 74% on centralized exchanges in 2024. This shift can be attributed to increased competition from stablecoins like FDUSD and the rising demand for regulated options
The Bitcoin price has once again experienced a significant drop, falling towards the $56,000 level following a brief surge triggered by the CPI data release on Thursday. This fluctuation in price has sparked concerns among investors and traders alike, especially as the cryptocurrency market remains highly volatile. Despite initial attempts by bulls to keep the