Month: February 2024

Kelexo presale rising, Litecoin and Chainlink facing headwinds

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The most profitable form of investing in crypto markets is usually the short investment format, where the investments are made and withdrawn over short periods.  This method works best during bullish methods or when the investor has bullish sentiments due to whale action on the blockchain. However, the short-term only sometimes works out, especially when the market succumbs to bearish pressure, and conditions shift, like in Chainlink (LINK) and…

730K Investors Exit Despite Record $7B Inflows

boss

The long-awaited arrival of spot Bitcoin ETFs has ignited a gold rush in the crypto world, attracting both newcomers and seasoned investors. While these new investment vehicles offer a convenient and accessible way to gain exposure to Bitcoin, their impact on the cryptocurrency’s core principles and long-term stability remains a complex question. Bitcoin ETF: Initial Surge, But Ownership Shift A Concern The data paints a fascinating picture. Following the SEC’s approval of 11 ETFs, the number of non-zero Bitcoin wallets initially soared, reaching a peak of nearly 53 million in…

ADA Price Reaches Key Juncture – Can Cardano Start A Fresh Surge?

boss

Cardano (ADA) is correcting gains from the $0.642 resistance zone. ADA could start a fresh rally if it stays above the $0.5550 support zone. ADA price is showing a few bearish signs below the $0.600 level. The price is trading above $0.5550 and the 100 simple moving average (4 hours). There was a break below a key bullish trend line with support at $0.610 on the 4-hour chart of the ADA/USD pair (data source from Kraken). The pair could attempt a fresh increase if the bulls remain active above the…

Saylor stresses $1m Bitcoin potential, points to current price

boss

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. After Bitcoin’s (BTC) price recently shot up to $50,000, there was a flurry of speculations about its prospects. One of the most cogent arguments was made by MicroStrategy CEO Michael Saylor, who has suggested that the cryptocurrency has the potential to reach $ 1 million over time.  He cited the 330% surge in Bitcoin price since 2020 to support his case. Saylor also highlighted the record investor inflows that…

Ethereum Price At Make-or-Break Levels, Can ETH Surge To $3,200?

boss

Ethereum price is struggling below the $3,030 resistance. ETH is consolidating and might start a downside correction below the $2,930 support. Ethereum struggled to stay above the $3,000 level and corrected lower. The price is trading above $2,930 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,930 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase unless there is a clear move below $2,930. Ethereum Price Hits Support Ethereum price made another attempt…

Bitcoin Price Accumulation – Risk of Pullback Escalates Below $52K

boss

Bitcoin price is struggling to rise above the $52,000 resistance. BTC is now at risk of a downside break below the $50,500 support zone. Bitcoin price is struggling to clear the $52,000 resistance zone. The price is trading below $51,800 and the 100 hourly Simple moving average. There is a bearish flag forming with support at $51,120 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a major pullback if there is a move below the $50,500 support. Bitcoin Price Struggles Below $52K…

Max Keiser Warns of Government Seizing Bitcoin in ETFs — Predicts 1987-Style Crash as BTC Rises to $500K

boss

Bitcoin proponent Max Keiser has warned of potential government seizure of bitcoin held in spot exchange-traded funds (ETFs). He additionally issued a stark warning about a looming 1987-style crash, while simultaneously predicting that the bitcoin’s price will surge past $500,000. Max Keiser’s Crash and Bitcoin Seizure Warnings Bitcoin advocate Max Keiser expressed concerns about spot […] Original