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Bitcoin’s Bull Cycle Over? This Critical Metric Says It Might Be
Bitcoin’s (BTC) recent performance has prompted speculation regarding the potential conclusion of its bullish phase, raising concerns among investors about the possibility of entering a bear market. The bearish trend observed over the past two months has bottomed out investor sentiments as market analysts employ various forecasting techniques to gauge Bitcoin’s imminent price trajectory. However,…
Continue ReadingMisleading crypto narratives continue, driven by ‘sensationalist’ sentiment
In the evolving landscape of cryptocurrency, misinformation and skewed narratives continue to thrive, often overshadowing the actual data. Crypto analyst “onchained,” a contributor to CryptoQuant, emphasizes the importance of discerning noise from legitimate data. In a recent market report from March 22, onchained warns, “Beware of misinformation. Despite the data, misleading narratives persist.” This statement…
Continue ReadingCrypto security will always be a game of ‘cat and mouse’ — Wallet exec
Evolving Crypto Threats: A Continuous Cat-and-Mouse Game The cryptocurrency landscape is rapidly changing, and so is the sophistication of threats faced by wallet providers and their users. Ian Rogers, the Chief Experience Officer of Ledger, highlighted this ongoing struggle in an interview with Cointelegraph, emphasizing the relentless warfare between security innovations and the tactics employed…
Continue ReadingImmutable X and zkEVM NFT Sales Surge 55% in Q4 2024, But Market Participation Declines
In the fourth quarter of 2024, Immutable X and its zkEVM solution experienced a remarkable increase of 55.3% in total NFT sales volume, rising from $51.2 million to $79.5 million, according to an analysis by Messari. This surge, however, contrasts starkly with a notable decline in market participation, as both daily sellers and buyers plummeted…
Continue ReadingBitcoin Stable at $84K – But 2 Red Flags Point to an Imminent Correction
Bitcoin’s recent price stagnation at approximately $84,000 has raised eyebrows among market analysts, particularly as the cryptocurrency landscape has been relatively quiet following the previous week’s volatility. This pause, often referred to as the calm before the storm, could be fleeting, given Bitcoin’s historical tendency for sharp price swings. Whale Activity Warning The role of…
Continue ReadingThe current BTC ‘bear market’ will only last 90 days — Analyst
The current Bitcoin (BTC) market is experiencing a bear phase, characterized by a drop exceeding 20% from its all-time highs. Timothy Peterson, a prominent market analyst and author of Metcalfe’s Law as a Model for Bitcoin’s Value, suggests that the severity of this downturn is relatively mild compared to historical bear markets, projecting that this…
Continue ReadingMan Faces 10-Year Sentence for Stabbing Crypto CEO in South Korean Court
A South Korean man faces a potential 10-year prison sentence after a violent incident unfolded in a courtroom during a fraud trial involving cryptocurrency. The accused, identified as Mr. Kang, is charged with attempted murder and disrupting proceedings after he violently stabbed Mr. Lee Hyung-soo, CEO of Haru Invest, during the trial that sought to…
Continue ReadingPakistan Crypto Council proposes using excess energy for BTC mining
Bilal Bin Saqib, the CEO of Pakistan’s newly established Crypto Council, has laid out an ambitious plan to harness the country’s runoff energy for Bitcoin mining. This proposal was presented at the council’s inaugural meeting on March 21, where esteemed participants included lawmakers, the governor of the Bank of Pakistan, the chairman of the Securities…
Continue ReadingGood News for Ripple (XRP) and Cardano (ADA) Investors: Details
Recent developments in the cryptocurrency market have put a spotlight on two prominent digital assets, ADA (Cardano) and XRP (Ripple), both of which are currently experiencing a downturn. However, short-term recovery may be on the horizon as indicated by a widely used technical analysis metric. The TD Sequential indicator, popularized by crypto analyst Ali Martinez,…
Continue ReadingBitcoin sidechains will drive BTCfi growth
Bitcoin is evolving beyond the confines of the “digital gold” label. This transformation is driven by the emergence of Bitcoin DeFi (BTCfi), which aims to expand its utility from being just a store of value to a more dynamic financial asset. By 2024, Bitcoin is set to become a natively yield-generating asset, serving as the…
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