As we enter July, the Bitcoin and crypto market has faced some unexpected challenges that have hindered the bullish momentum that was previously anticipated. One significant event was the delay in the debut of the Spot Ethereum ETFs on July 2nd. Additionally, reports have surfaced about significant sell-offs of BTC by governments such as the
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Opeyemi is a talented writer with a passion for the world of cryptocurrency. While he did not originally plan to delve into the digital asset industry, he has since become deeply engrossed in all it has to offer. For over two years, Opeyemi has dedicated himself to understanding and explaining the complexities of blockchain technology
Semilore Faleti is a cryptocurrency writer who has made a name for himself in the field of journalism and content creation. With a keen interest in the complexities and intricacies of blockchain technology and digital assets, Semilore has become a staunch advocate for the adoption of cryptocurrency. Through his writing, he aims to improve the
Bitcoin’s price has been on a rollercoaster ride, with significant drops and rebounds in a short period of time. The recent plunge below $54,000 on July 5 has highlighted the intense volatility that investors in the market have to deal with. While some traders and analysts remain optimistic about the long-term bullish cycle, others have
The recent plummet in the Bitcoin price has left many investors shocked, with a significant 7.8% drop occurring in just the past 24 hours. A key factor behind this dramatic fall is the impending distribution of 142,000 BTC by the defunct crypto exchange Mt. Gox. This distribution, representing 0.68% of the total Bitcoin supply, has
The recent crash in the crypto market has left traders in a state of panic, with Bitcoin and altcoins experiencing a significant drop in value. As Bitcoin continues to fall from one support level to another, the losses are piling up for traders. In just the last 24 hours, tens of thousands of traders have
Bitcoin, despite facing significant bearish trends and market headwinds, has seen a surge in accumulation by large investors holding more than $600,000 worth of Bitcoin. According to recent data from the on-chain tracking platform Santiment, these whales have been increasing their holdings over the last six months. The most active participants in this accumulation are
A recent analysis by cryptocurrency analyst Quinten François has created quite a stir in the crypto community. François has put forward an ultra-bullish narrative for Bitcoin’s future trajectory, suggesting that the flagship cryptocurrency could potentially soar to an astonishing $4.5 million. This projection is based on the significance of Bitcoin’s fourth halving event, with François
Tom Lee, the head of research at Fundstrat, has once again made a bold prediction regarding the future of Bitcoin. He strongly believes that the pioneer cryptocurrency will surge to an impressive $150,000, despite recent bearish trends in the market. Lee’s unwavering optimism in Bitcoin’s potential has caught the attention of many investors and analysts
Arthur Hayes, the co-founder of BitMEX, recently shared his insights in an essay titled “Zoom Out,” delving into historical economic cycles from the 1930s to the 1970s and their relevance to today’s financial landscape. Hayes highlights the importance of understanding these cycles to predict the potential revival of the Bitcoin and crypto bull run. He