Cryptocurrency analyst and enthusiast Chris J Terry has recently shared his insights on the price action of Bitcoin, foretelling a continuous decline in the value of the popular crypto asset. In a post on the social media platform X (formerly Twitter), Terry expressed his belief that the downtrend will persist until Grayscale Bitcoin Trust (GBTC)
Bitcoin
The price of Bitcoin has faced challenges this week, experiencing a drop of more than 3% in the past week. This decline has raised concerns about the sustainability of the bull run. However, there is some positive news on the horizon. Renowned crypto analyst Ali Martinez has shared an on-chain revelation that suggests a potential
Bitcoin’s upcoming fourth halving event has sparked a debate among analysts on the potential directions that the cryptocurrency’s price could take. One notable analyst, Rekt Capital, has weighed in on the issue and drawn comparisons to past trends. In this article, we will delve into Rekt Capital’s analysis and present a fresh perspective on what
Renowned macroeconomist Henrik Zeberg has set the financial world abuzz with his grim forecast for the future of the Bitcoin price. In a bold statement, Zeberg predicts a dramatic surge in the value of Bitcoin, with prices potentially reaching between $115,000 and $150,000. However, this meteoric rise is predicted to be short-lived, as Zeberg anticipates
The current sentiments around Ethereum are overwhelmingly bullish, as the second-largest cryptocurrency by market capitalization has witnessed a surge in dominance against Bitcoin. This rise in Ethereum’s prominence is crucial, as it is believed by crypto analyst Jaydee that it could potentially usher in the much-awaited altcoin season. With the market heating up, analysts are
In recent days, Dogecoin (DOGE), the meme coin backed by Elon Musk, has experienced a significant price correction, witnessing a decline of over 14% in the past 30 days. The decline can be attributed to the waning sentiment surrounding the hype generated by the approval of Bitcoin Exchange Traded Funds (ETFs) and the lack of
In a recent prediction, Ash Crypto, a well-known figure in the crypto trading community, has suggested that the approval of US spot Bitcoin Exchange-Traded Funds (ETFs) could potentially drive the price of Bitcoin to $500,000. Drawing a parallel to the gold market, Ash Crypto highlights how the introduction of gold ETFs resulted in a significant
The recent launch of the Bitcoin ETF has seen a positive impact on the Ethereum price. However, the movement of ETH holdings by Celsius Network, a bankrupt crypto lender, has raised concerns about potential destabilization. On-chain data analyzed by crypto market intelligence company Arkham Intelligence reveals that Celsius Network transferred over $125 million worth of
In a recent analysis conducted by crypto intelligence firm ChainArgos, serious allegations have been made regarding the involvement of the Polygon team in secret sales of MATIC tokens, potentially leading to a suppression of the token’s price. This revelation has sparked concerns about token allocations, the flow of funds to exchanges, and the overall integrity
Traders in the crypto world are eagerly anticipating a potential breakout for Chainlink (LINK) as the price hovers near the $16 mark. The consolidation between $13.00 and $17.00 that LINK has experienced since November is classic market cycle behavior, which presents lucrative opportunities for astute traders. Technical analysts are buzzing with bullish scenarios, pointing to