Bitcoin (BTC) is now one year past its most recent halving, and this cycle is shaping up to be unlike any before it. Unlike previous cycles where explosive rallies followed the halving, BTC has seen a far more muted gain, up just 31%, compared to 436% over the same timeframe in the last cycle. At […]
2 overbought cryptocurrencies to avoid trading next week
2 overbought cryptocurrencies to avoid trading next week Paul L. Cryptocurrency Apr 20, 2025 Share The cryptocurrency market remains subdued at the moment, with no notable catalysts present to push prices in either direction. However, Bittensor (TAO) and Artificial Superintelligence Alliance (FET) are operating in the overbought zone, making them susceptible to a possible significant […]
Analyst Sets Lowest and Highest Price of Bitcoin in the Next 90 Days Based on the Current State of the US Economy
Cryptocurrency-focused economist Timothy Peterson has made a remarkable assessment of Bitcoin’s potential price action in a high-interest environment. Peterson analyzed Bitcoin’s past performance after High Yield interest rates in the US rose above 8%. According to Peterson, similar interest rate levels have been observed 38 times since 2010. In the three-month periods following these periods, […]
AI predicts Bitcoin price for May 1, 2025
AI predicts Bitcoin price for May 1, 2025 Paul L. Cryptocurrency Apr 20, 2025 Share Bitcoin (BTC) remains in a consolidation phase, and breaching the $85,000 resistance has emerged as a key target for investors. Amid this market sentiment, two artificial intelligence (AI) models are projecting that the maiden digital currency is likely to edge […]
Won vs. Dollar: Diverging Bitcoin Prices Hint at Market Inflection
Since bitcoin briefly dipped below global averages in South Korea on April 9, the past ten days have seen the coin fetch a premium, touching 2.97% above international benchmarks. Seoul’s Bitcoin Premium Hits 3% With fewer high-return domestic investment avenues, South Koreans often gravitate toward cryptocurrencies such as bitcoin. Ten days ago, amid a market […]
Saylor: Bitcoin Has No Counterparty Risk
In a recent social media post, Strategy founder Michael Saylor stated that Bitcoin has no counterparty risk. “No company. No country. No creditor. No currency. No competitor. No culture. Not even chaos,” he said. This echoes the point that Saylor made during his appearance on CNBC in late 2024. He stated that the leading cryptocurrency […]
XRP network activity crashes 44%; Is $1 drop next?
XRP network activity crashes 44%; Is $1 drop next? Paul L. Cryptocurrency Apr 20, 2025 Share The XRP network is seeing a drop in new addresses, which could pressure the asset and threaten its hold above the key $2 support. Specifically, the number of newly created addresses has dropped by 44% over the past month, […]
Bitcoin Selling Pressure Hits Low Among Long-Term Holders
Bitcoin ($BTC) ecosystem is currently presenting a promising scenario for bullish traders. As per the well-known crypto analyst going by “Axel Adler Jr,” long-term Bitcoin holders have decreased their total exchange inflow by only 1.1%, highlighting a least selling pressure. The crypto analyst took to social media to disclose the minimal selling pressure among the […]
Bitcoin Price Dip Means Big Paper Losses for Short-Term Holders: Glassnode Data
Bitcoin’s Short-Term Holders (STHs) face their biggest paper losses since past bear markets due to recent price drops. Glassnode data shows these holders are down ~$30,000 for every 1% Bitcoin falls – echoing historical market bottoms and capitulation events, which goes on to show that many recent Bitcoin buyers are underwater. Historically, this situation often […]
$135K in Sight? Analyst Says Bitcoin Uptrend Remains Intact
Bitcoin (BTC) has once again reclaimed the $85,000 level, the eighth time this week it has touched this comfort zone according to CoinGecko. But don’t be fooled by the sideways slumber. According to market watcher Titan of Crypto, Bitcoin’s bullish structure is “still intact,” with a Fibonacci-based target of $135,000 still in play for 2025. […]