Hannah Phung, an analyst at SpotOnChain, shared her perspective on how Bitcoin Halving could influence the price of the flagship cryptocurrency. Contrary to popular belief that the Halving event could lead to a rapid price surge to $100,000, Phung pointed out that historically, Bitcoin’s price tends to rise between 6 to 12 months after the
Bitcoin has seen a remarkable recovery, reaching the $70,000 threshold following recent momentum in the market. As the much-anticipated Bitcoin Halving event approaches, cryptocurrency analyst Rekt Capital provides insights into the three distinct stages of the event for investors to consider. Rekt Capital’s analysis focuses on the movement of Bitcoin before and after the halving
Cardano (ADA) has recently experienced a decline in its price, dropping by over 28% after reaching a 23-month high of $0.808 on March 11. This decline has caused ADA to slip down to the 10th position among the largest cryptocurrencies by market cap. The Analysis of Trend Rider A crypto analyst, known as Trend Rider,
The world of cryptocurrency, particularly Bitcoin, has garnered the attention of the ultra-wealthy elite. Individuals with assets worth millions and billions of dollars are now eyeing the digital asset market with interest, eager to be a part of Bitcoin’s innovative and revolutionary ecosystem. In a recent interview with CNBC Last Call, Barbara Goldstein, the Managing
American author and financial educator Robert Kiyosaki recently voiced his agreement with a $2.3 million per Bitcoin (BTC) prediction made by Cathie Wood’s asset management firm, Ark Invest. Kiyosaki expressed his trust in Wood’s opinion, citing her intelligence, and recognized the potential for BTC to reach such a high value under certain circumstances. In February,
The cryptocurrency market has been abuzz with excitement as Shiba Inu (SHIB) investors turn their attention to a new meme coin called Sponge (SPONGE). While Shiba Inu remains a prominent player in the meme coin arena, sitting second only to Dogecoin in terms of market cap, Sponge is generating a significant amount of interest due
The recent headlines surrounding Dapper Labs, the company behind popular NFT projects, have stirred up a lot of curiosity and concern within the NFT market. The investigation conducted by the U.S Securities and Exchange Commission (SEC) has put Dapper Labs under scrutiny, raising questions about the implications for both the company and the NFT market
Recently, the Financial Crimes Enforcement Network (FinCEN) of the US Department of the Treasury recognized crypto exchange Coinbase for its significant contributions to major criminal investigations. In a letter addressed to Coinbase CEO Brian Armstrong, FinCEN commended the digital currency exchange for its role in aiding law enforcement efforts through its compliance and reporting practices.
In the realm of meme coins, Slothana (SLOTH) has emerged as the latest sensation on Solana’s blockchain. The adorable red-eyed sloth has captured the hearts of meme coin enthusiasts, with its presale raising an impressive $10 million in just three weeks. This rapid success has positioned Slothana as a formidable player in the ever-evolving world
The price of Bitcoin has once again surged, pushing past the $70,000 mark and indicating a strong upward momentum. Notable cryptocurrency expert Crypto Jelle has provided a bullish forecast for the digital asset, setting his sights on a short-term target of $82,000. Jelle points out that Bitcoin recently retested the highs of 2021 after a