Bitcoin Monthly Cyclicality Paints Grim Picture For Last Week Of February
For the past year, bitcoin has shown a cyclicality that has been on a semi-regular basis. For most of last year, most months had finished in the positive with green candles dominating the market. However, while most of the months have been positive, there have been significant differences between the first half of the month and the second half. This push and pull pattern has continued into the new year, spelling some bad news for the end of February. Looking At Monthly Cyclicality Through 2021 Eight months out of the last 14 months have been recording positive returns mid-month. Across....
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Texas senator Ted Cruz has once again shown support for bitcoin. Bitcoin has been gaining popularity among the ruling class and more politicians are coming out in support of it. The Republican who holds a bullish stand on the digital asset has revealed why he supports the cryptocurrency. In a recent talk, Cruz laments issues with the government control over the financial property of citizens, praising bitcoin for deterring this. Why Cruz Supports Bitcoin In his talk, U.S. senator Ted Cruz goes into detail about why he supports bitcoin. Pointing to the recent issues in Canada, he explains....
The bitcoin mining cyclicality has been prominent for a while now. This has followed the different bull and bear cycles in the space. These cycles of abundance and lack have greatly impacted the profitability of these miners. So in this report, we take a look at this cyclicality and the factors that drive it. What […]
The world of crypto and decentralized finance (DeFi) is no stranger to controversy, and the latest project to raise red flags is ZKasino, a gambling platform promising anonymity and high stakes. However, a storm of accusations paints a grim picture, suggesting ZKasino might be nothing more than a meticulously crafted house of cards ready to […]
The value of Ripple’s XRP token has fluctuated dramatically in recent months. Talks about the coin are thriving and have reached their highest point since early April, despite an 8% price decline over the last 60 days. This raises the question of whether the recent internet talk will help XRP see a price spike or if it is just meaningless chatter that will eventually fade. Related Reading: Solana Blasts Past Resistance: Buckle Up For $330 Breakout – Analyst Social Media Frenzy The social media landscape surrounding XRP is abuzz. Santiment data reveals a surge in XRP’s social....
Meme coin Shiba Inu has seen a renewed surge in its price over the past 24 hours as it aims to breach the $0.000020 mark. This upward movement reflects some positive sentiment among investors, but a closer look at on-chain metrics paints a more complex picture. On-chain data suggests that the optimism might not be […]