Expert Reveals Why This Crypto Cycle Defies the Norm—What’s Missing?
Although there has been a slight bullishness in this current crypto cycle, with Bitcoin (BTC) hitting a new peak above $73,000 in March, it is worth noting that this crypto cycle still appears to be different from other past cycles. Particularly, unlike previous cycles, which bolstered new inventions, the current period is yet to introduce […]
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Regardless of its persistent waning movements and underperformance compared to a few major crypto assets, Ethereum still has the potential to undergo a significant rally in the ongoing bull market cycle. With key developments surrounding ETH and its ecosystem, many analysts foresee a move to unprecedented levels in the upcoming months. Current Cycle’s Target For […]
Bitcoin continues to beat expectations this year. Despite most investors speculating the bull market was already over, the digital asset has posted another rally that shows that the market might in fact still be in a bull cycle. The last two weekends have seen bitcoin prices adding at least $4,000 in the span of three days. Breaking what has been a slow and brutal downtrend cycle in the market for the last month. Now, on-chain expert Willy Woo was on the podcast What Bitcoin Did to talk about the price of bitcoin and give his predictions regarding the price. Woo, for one, does not believe....
Bitcoin market activity over the past day has been marked by turbulence, with its value falling to as low as $90,000 levels earlier today before rebounding to just above $94,000. Despite this partial recovery, the cryptocurrency remains down 5.8% over the past week and more than 13% below its all-time high of $109,000, reached in January. This recent price movement has led a CryptoQuant analyst to suggest that Bitcoin may be transitioning into a distribution cycle, a phase where price gains start to slow as supply shifts toward newer market participants. Related Reading: Bitcoin Price Is....
Crypto analyst Alan Santana has been continuously bullish on the XRP price and has previously predicted a breakout for the digital asset. With the rise in the crypto market over the last day, the analyst’s prediction of a surge has come to pass. Now, in an update, Santana reveals what is next for the beloved […]
The listing of BlackRock’s Bitcoin ETF on DTCC has raised the hopes of many crypto enthusiasts on the potential approval of spot BTC ETFs. However, a renowned ETF expert has discouraged this optimism, stating that the recent DTCC listing has no significance. BlackRock DTCC Listing Downplayed Chief Executive Officer of Armada ETFs, Phil Bak took […]