Why Bitcoin, Ethereum May Not Be The Best Plays For The Next Bull Market
Since the launch of bitcoin, there have been massive gains recorded by those that got in early and held on long enough. The same was the case with Ethereum, whose market cap grew to the hundreds of billions. However, the growth that these digital assets have already seen over the years, it has put a hamper on how much they can still grow over the coming years. This is why investors are looking elsewhere for larger gains. Bitcoin, Ethereum Gains Are Lower Over the last bull market, it became apparent that bitcoin and Ethereum will no longer be able to give the kind of returns that early....
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Crypto assets like Bitcoin and Ethereum have taken a beating since April local highs, calling into question if the once powerful bull market is over or not. If it isn’t, a fractal discovered from the past market cycle forming this time around, could provide a roadmap for the last leg up of the current bull […]
In the middle of an outstanding bull market for the whole crypto space, Ethereum stands out in a big way. And it’s easy to see why. On one hand, we have the rise of DeFi and the NFT craze. On the technical side, we have the EIP-1559 update coming in July. And on the corporate […]
Bloomberg Intelligence senior commodity strategist Mike McGlone has affirmed his bitcoin price prediction of $100K, seeing $5K for ethereum as the path of least resistance. He expects the crypto market to thrive in a “refreshed bull market.”
Cryptocurrencies Poised to Thrive, Bull Market Revived
Commodity strategist Mike McGlone discussed his price predictions for bitcoin and ethereum in the September edition of Bloomberg Crypto Outlook, published Friday.
“Crypto-assets appear in a revived and refreshed bull market with the 2H benefit of a steep....
Over the year, the roles that crypto plays in everyday lives have become more prominent, more so with the last bull market. Given this, it is natural that the space, currently worth hundreds of billions of dollars, is spilling into other aspects such as politics. And now, as the US elections draw closer, crypto and […]
Data shows the Non-Fungible Tokens (NFTs) have enjoyed a revival recently, something that could signal a bull market for the cryptocurrency sector. NFT Volume On Ethereum Has Risen To Highest Level Since July According to data from the market intelligence platform IntoTheBlock, the NFT market is finally showing some increased activity after what was a […]