Month: July 2024

Expert Predicts When Bitcoin Price Will Reach Its Cycle Highs

boss

Crypto analyst Rekt Capital has provided insights into when the price of Bitcoin will reach its cycle highs. His analysis has provided reassurance that the flagship crypto is still far from a market top despite its recent decline to new lows this week.  Related Reading When Will Bitcoin Peak In This Bull Run Rekt Capital mentioned in an X (formerly Twitter) post that Bitcoin could peak in this cycle sometime in mid-September or mid-October 2025 if history were to repeat itself. The analyst noted that Bitcoin peaked 518 days after…

Chainlink Loses 10%, Further Drop To $6.80 Feared

boss

The cryptocurrency market continues its summer swoon, with major coins like Bitcoin tumbling to four-month lows. Chainlink (LINK), a key player in the decentralized oracle network space, has been especially hard-hit, dropping 25% since the beginning of June. But is this a buying opportunity, or the precipice of a steeper decline? Related Reading This Chart Pattern Looms Large Technical analysts are scrutinizing Chainlink’s chart, with a particular focus on the dreaded “Head and Shoulders” pattern. This formation, characterized by a central peak flanked by two smaller ones, often signals a…

BONK, WIF, BRETT and PEPE are all up 15%

Meme coins are enjoying their time in the green while Bitcoin (BTC), which experienced a downturn this week, has climbed 3% in 24-hour trading. BONK, WIF, BRETT, and PEPE have all surged over 15% amid a broader meme coin rally. Let’s take a look at each. Bonk At the time of writing, Solana-based meme coin Bonk (BONK) was still up 12% in the last 24 hours. The leading dog-themed Solana coin was trading at $0.000022 per data from CoinMarketCap (CMC). In the same time frame, its trading volume saw a…

Time To Buy The Dip? These Are The Large-Cap Crypto Assets To Watch

boss

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

Intimidating Wallet Interfaces Hinder Adoption of Defi Lending Protocols, Says Crypto Veteran

Decentralized finance (defi) has improved efficiency, inclusivity, and performance in consumer lending, but poor user experience remains a significant barrier to adoption, according to Thor Abbasi, co-founder of Zivoe. Abbasi argues that as long as wallet interfaces seem “unintuitive” or intimidating to non-crypto users, defi lending protocols won’t gain traction hence their benefits won’t be […] Source CryptoX Portal

Justin Sun teases ‘willingness’ to negotiate with Germany

Justin Sun appears to be willing to buy Bitcoins via OTC from the German government to “minimize the impact on the market.” The founder of TRON blockchain Justin Sun is teasing his readiness to safeguard the industry as more confiscated Bitcoins hit centralized crypto exchanges. In a Thursday post on X, Sun wrote that he’s “willing” to negotiate with the German government to acquire “all BTC off-market,” aiming to reduce market impact. However, Sun didn’t specify details or a timeline for the potential transaction. I am willing to negotiate with…

Justin Sun Potential $66 Million Loss Revealed As Ethereum Price Declines

boss

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…