On-chain data shows the Bitcoin Miners’ Position Index (MPI) has recently formed a crossover that has historically been bullish for the asset’s price. Bitcoin MPI Has Seen Its 90-Day MA Cross Above The 365-Day As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin MPI momentum has recently given a bullish signal for Bitcoin. The “MPI” refers to an on-chain metric that keeps track of the ratio between the total miner outflow and its 365-day moving average (MA). The miner outflow here is naturally the amount of the…
Month: January 2025
Will Deepseek’s Rise Send Bitcoin Price Spiraling Lower? Expert Weighs In
Bitcoin’s decline has rattled markets, with China’s Deepseek fueling volatility, yet an expert suggests this is no time to panic, hinting at hidden opportunities ahead. Bitcoin Price Sliding: Will Deepseek’s Impact Drag BTC Lower? Expert Explains Bitcoin’s recent slip below the $100,000 threshold has sparked apprehension among investors, but Nigel Green, CEO of the global […] Original
Dogecoin Still In Play As Price Gears Up For Another 600% Run Above $2
Este artículo también está disponible en español. Despite the recent Dogecoin pullback, crypto analyst Javon Marks has provided a bullish outlook for the foremost meme coin. According to m, DOGE’s price is gearing up for a move that could send it above $2. Dogecoin Gears Up For 600% Run Above $2 In an X post, Javon Marks predicted that Dogecoin could record a 600% price rally and surge above $2. This came as he provided some optimism despite the recent pullback, with DOGE dropping to as low as $0.30. He…
DeepSeek Eclipses Bitcoin | Watch These 5 Altcoins for Gains
DeepSeek, a Chinese startup, launched its latest AI model, competing with industry-leading Large Language Models in the U.S. at a fraction of the cost, disrupting Bitcoin, crypto and the AI agent economy. The apps roll-out on the Apple App Store over the weekend saw users rush to download the application, driving its popularity and ushering a correction in Bitcoin and AI agent tokens on Monday. The AI model’s launch wiped out $2.5 billion from agent tokens. Bitcoin (BTC), altcoins and crypto tokens are attempting to recover from the shockwaves sent…
Expert suggests having Panshibi alongside Bitcoin and Cardano in 2025
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With Bitcoin and Cardano’s momentum waning, an expert suggests including Panshibi in portfolios. In 2024, Bitcoin (BTC) experienced significant growth. However, its price is currently consolidating. Additionally, recent news regarding Cardano (ADA) indicates a bearish outlook. In contrast, Panshibi (SHIBI) is getting attention as a promising option. A prominent expert suggests that the new altcoin could experience a massive rally following its launch, with a target of 100x gains.…
A Final Leg Up or Just the Beginning? Analyst Weighs In
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
Dogecoin Whales Accumulate 450 Million DOGE During Recent Price Dip – Time For A Breakout?
Este artículo también está disponible en español. Dogecoin (DOGE) has faced intense selling pressure since January 18, when it hit a local high of $0.43, leading to a significant price decline. However, the meme-inspired cryptocurrency has demonstrated resilience, finding strong support at the $0.31 level. This critical demand zone has prevented further downside, fueling optimism among investors and analysts that Dogecoin might be gearing up for a new surge. Related Reading The recent dip has not deterred major players in the market. Top crypto analyst Ali Martinez shared compelling data…
Arizona Senate Approves Bill to Create Strategic Bitcoin Reserve
Arizona’s decision to explore investments in digital assets, such as bitcoin is indicative of a growing tendency in states to diversify public finances. Arizona Takes Major Leap Toward Strategic Bitcoin Reserve Arizona lawmakers have taken a significant step toward embracing bitcoin, with the state Senate Finance Committee approving the “Arizona Strategic Bitcoin Reserve Act” (SB1025) […] Original
Bitcoin remains a ‘safe harbor’ as DeepSeek concerns linger, says deVere CEO
Chinese AI startup DeepSeek raised concerns as its overnight rise to prominence highlighted potential risks to American artificial intelligence and economic dominance. U.S. equity markets and cryptocurrencies traded sharply lower on Monday, with Bitcoin (BTC) falling below the $100,000 mark and the equity market losing $1 trillion in value. However, Nigel Green, CEO of deVere Group, one of the world’s largest independent financial advisory firms, urged investors to remain calm. He argued in a note that Bitcoin is not tied to the performance of any single company or nation. Bitcoin’s…
XRP Bulls Shake Off Crash, Target This Major Resistance On The Road To $3.85
Este artículo también está disponible en español. After facing a significant crash to $3.7, XRP bulls are making a strong comeback, attempting to break above resistance levels and establish a new price target. With this in mind, a crypto analyst forecasts that if the asset surpasses this resistance, it could skyrocket to $3.85, potentially climbing even higher to hit the $6.5 mark. XRP Bulls Push Toward $3.85 ATH Price During the bull run in 2018, the XRP price hit its current All-Time High (ATH), skyrocketing to the $3.84 level. Now,…