Day: January 29, 2024

Crypto Analyst Says February Will Be A Bullish Month For Bitcoin, Here’s Why

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Crypto analyst and long-term crypto investor Jelle has highlighted an interesting historical pattern that suggests that February could be bullish for Bitcoin. This would no doubt be a relief for BTC investors who have to deal with a bearish January for the flagship crypto token.  Why February Could Be Bullish For Bitcoin  Jelle stated in an X (formerly Twitter) post that “February should be strong” for Bitcoin “if history keeps repeating itself.” The history which he alludes to is the pattern where February turns out to be a green month for…

Europeans stay bullish on crypto, new survey reveals

A cryptocurrency exchange survey found that cryptocurrency adoption continues to increase in Europe. According to Binance Square, high yield, decentralization, and innovation are key motivators for Europeans entering the cryptocurrency market. In total, 10,498 people made up the sample for the poll. Participants from France, Italy, Spain, and Sweden were conducted for the survey on the Binance Survey Platform between Oct. 14 and Nov. 8, 2023. Data obtained from interviews found support for crypto overwhelmingly positive, which while might be expected from the source of the polling data, nonetheless reveals…

Analyst says Bitcoin can soar to $1 m; Borroe Finance may outperform Chainlink in 2024

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With JAN3 CEO Samson Mow saying Bitcoin could hit the $1 million mark based on ETF-trigerred inflows and historical growth patterns, the feasibility of this analysis remains to be seen. Meanwhile, Borroe Finance (ROE) is a web3 protocol growing in stature based on its unique revenue financing approach, with pundits maintaining that it could outperform Chainlink (LINK) this year. Borroe Finance offers instant liquidity in web3 The lack of…

Analyst Predicts Price Surge To $113

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In the ever-fluctuating world of cryptocurrencies, Solana (SOL), which has witnessed a significant decline in price in the past few days, might be poised for a breakout soon toward the upward trajectory. Solana Set To Hit The $113 Price Mark Soon As the development unfolds, Ali Martinez, a well-known cryptocurrency analyst, has revealed his short-term price predictions for Solana. The analyst took to the social media platform X (formerly Twitter) to share his latest projections with the crypto community.  In the X post, Ali Martinez has identified a notable shift…

New ICO campaign promotes sharing data to safeguard children

The Information Commissioner’s Office is partnering with education, law enforcement and social service organisations to raise awareness about responsible data sharing to protect children from harm.  The data protection regulator has launched a myth-busting campaign called ‘Think. Check. Share.’ which demonstrates how data protection law can help organisations to share personal information when required to safeguard children and young people.  The National Day Nurseries Association, the Early Years Alliance, the College of Policing, the National Police Chiefs’ Council and the Confederation of School Trusts are among the first organisations to work…

‘Chinese Ethereum’ Conflux jumps 13% following strategic deal with venture firm

Conflux Network’s CFX token gained over 13% amid a ‘strategic partnership’ agreement with Asia-based venture studio BlockBooster. In an X thread, Conflux Network said the latest deal with the Asia-based venture studio will focus on identifying “web3 incubation opportunities within the Conflux ecosystem,” as the project wants to facilitate “major events for Conflux builders.” While no other details have been released, the news was enough to impact the CFX token, which gained over 13% surging to $0.24, according to CoinGecko data. BlockBooster, commenting on the agreement, expressed its intent to…

Bitcoin Eyes $45,000 Amid Anticipation Of FOMC Decision

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After a challenging two weeks resulting in a 21% drop, the Bitcoin (BTC) price rebounded emphatically, closing last week on a strong note. The premier cryptocurrency witnessed a surge that saw it end with a Doji Hammer candle on its weekly chart, signaling a potential bullish reversal. Notably, this uptick has propelled Bitcoin’s value back into its previous range of $41,300 to $45,000. Keith Alan, the co-founder of Material Indicators, highlighted the significance of this pattern, stating, “Looks like we have a Doji Hammer candle forming on the BTC Weekly…