Este artículo también está disponible en español. Crypto analyst Kevin Capital has suggested that the Bitcoin price may be in trouble. This follows his revelation that a bearish pattern that once led to a market crash in the last cycle has returned for the flagship crypto. Bearish Divergence That Led To Market Crash Returns For Bitcoin Price In an X post, Kevin Capital revealed that the bearish divergence that led to the market crash in the last cycle has returned for the Bitcoin price. He highlighted how bearish this pattern…
Day: February 1, 2025
Bitcoin Trades At Discount For The Past Month Signaling Selling Pressure – What This Means
Este artículo también está disponible en español. Volatility remains the norm in the Bitcoin market, with aggressive price swings defining the past few days. On Monday, BTC dropped to $97K before surging to $106K yesterday. However, the price has since retraced and now consolidates around the $102K mark, keeping investors on edge about its next move. Related Reading Top analyst Daan shared key insights from Coinglass, revealing that Bitcoin has mostly traded with a Coinbase discount over the past month, as indicated by the Coinbase premium index. This means that…
Ethereum Price Enters Bullish Expansion, Analyst Reveals How High It Can Go In February
Este artículo también está disponible en español. Ethereum is still showing signs of upward momentum if you know where to look. The leading altcoin is now in a bullish expansion phase, with analysts predicting that its price could surge past key resistance levels in the coming weeks. According to crypto analyst Ted Pillows, Ethereum has entered a bullish expansion phase and is on the verge of a major rally that could push it beyond $4,000 in the short term and to new all-time highs by March. Bullish Expansion Puts Ethereum…
Bitcoin will eventually be zero, economist predicts: Here’s when
Eugene Fama, the renowned “Father of modern finance,” predicts Bitcoin will be worthless in a decade. Why? Cryptocurrencies “violate all the rules of a medium of exchange,” Fama said on the Jan. 30 episode of Capitalisn’t. “They don’t have a stable real value. You know, they have highly variable real value. That kind of medium of exchange is not supposed to survive.” Fama, who authored the efficient markets hypothesis in the 1960s, didn’t actually guarantee that Bitcoin will be worthless. Rather, he agreed when podcast host, finance professor Luigi Zingales,…
XRP Market Update: $3.10 Breakout or Bust? Traders Hold Breath as Bears Tighten Grip
XRP currently hovers at $2.979 to $2.992 over the last hour, accompanied by a daily transaction volume of $3.45 billion and a market valuation of $172 billion. Its intraday fluctuations spanned $2.96 to $3.08, reflecting a 12% dip from its historic zenith and a 2.6% decline in the past 24 hours. XRP XRP’s one-hour price […] Source CryptoX Portal
As BTC, XRP, ETH dip, investors shift focus to a high-growth presale altcoin
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As BTC, ETH, and XRP prices dip, traders explore Rollblock, a rising altcoin with growing interest in its gaming utility. Traders are looking for new possibilities as the prices of Bitcoin (BTC), Ethereum (ETH), and XRP fall. Many are turning to Rollblock (RBLK), a new altcoin gaining interest, as the XRP price tries to regain momentum and BTC is being sold. With its crypto-based gaming platform, Rollblock offers strong…
Avalanche Forms A Falling Wedge On The Daily Chart – Breakout Target Set At $56
Este artículo también está disponible en español. Avalanche has faced intense selling pressure over the past two months, with its price plunging more than 42% since mid-December. The market remains highly volatile, driven by uncertainty, but recent signs of recovery suggest a shift in sentiment. After days of positive price action, AVAX is showing signs of strength, and analysts are watching closely for a potential breakout. Related Reading Top analyst Carl Runefelt shared key insights on X, revealing that AVAX has formed another falling wedge on the daily timeframe. This…
Exploring the Necessity of Privacy in Blockchain Applications
Alvin Lang Feb 01, 2025 17:57 Blockchain privacy is crucial for enabling diverse applications, according to Howard Wu, CEO of Aleo. Discover the importance of privacy-focused blockchain networks and their potential impact. The Growing Importance of Privacy in Blockchain Blockchain technology, while renowned for its transparency and security, faces increasing demands for privacy enhancements. According to a podcast by a16z crypto, Howard Wu, Cofounder and CEO of Provable and the visionary behind the privacy-focused blockchain network Aleo, emphasizes that privacy is critical…
Top Decentralized Exchange Uniswap (UNI) Rolls Out New Protocol Upgrade Across Multiple Chains
Uniswap (UNI), the top decentralized exchange (DEX) by trading volume, has rolled out a new protocol upgrade across multiple chains. The DEX says its new “v4” transforms the protocol into a “developer platform.” “Made possible with the introduction of hooks – contracts that allow anyone to customize how pools, swaps, fees, and LP (liquidity provider) positions interact. Hooks mean unlimited new features that drive deeper liquidity and more swaps. The lowest cost version of the protocol yet. Pools on v4 are expected to be 99.99% cheaper to create, and swappers…
Bitcoin Mining Revenue Holds Steady at December Levels Minus $40 Million
Data gathered from the first month of 2025 reveals that bitcoin mining revenue reached $1.4 billion for January, trailing last month’s figures by about $40 million. First Month of 2025—Bitcoin Mining Revenue Mirrors December’s Figures Statistics reveal that bitcoin miners secured about $40 million less than in December, marking the second most profitable month in […] Original