Bitcoin surged past $87,000 during early Asia hours on April 21, clawing back losses from earlier in the month, according to the latest market update from QCP Capital. Bitcoin’s Correlation with Gold and Equities Under Scrutiny, QCP Observes The sharp reversal, dubbed an “Easter resurrection” by QCP Capital, contrasted with December’s muted Santa Rally and […] Original
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…
JPMorgan signals a major shift in market sentiment, highlighting fading bitcoin demand as gold captures massive inflows and reasserts dominance in the global safe-haven race. JPMorgan Warns Bitcoin Is Losing Ground to Gold as Global Flows Shift Dramatically JPMorgan Chase analysts stated Wednesday that bitcoin is no longer riding the wave of safe-haven demand, contrasting […] Original
Corporate bitcoin adoption is exploding as institutions pour billions into BTC, signaling the end of altcoin hype and the rise of crypto’s fundamental-driven future. ‘No More Alt Season’: Bitwise CIO Declares End of Speculation Era in Crypto Bitwise Asset Management executives are signaling a shift in the crypto landscape, as their newly released Corporate Bitcoin […] Original
Market turbulence has left many in loss, but long-term Bitcoin holders remain largely unaffected, analysts at Glassnode say. Bitcoin’s (BTC) long-term holders are still in a strong position despite ongoing market uncertainty, according to a new report from on-chain analytics firm Glassnode. Although many new investors are currently facing the “largest unrealized losses on record,” long-term holders “remain broadly in profit,” the report reads. The analysis highlights that while short-term holders are experiencing significant unrealized losses, long-tetm investors continue to hold their positions. “[…] from an individual investor perspective, the…
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…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Millionaire trader eyes $5 target for under $0.25 altcoin, sparking buzz around Lightchain AI’s rise. A well-known crypto millionaire, celebrated for accurately forecasting Bitcoin’s surge to $109,000 and Solana’s breakout to $295, is now turning heads with a bold new prediction. This time, the spotlight is on a low-cost altcoin currently priced under $0.25, with the trader projecting a potential rally to $5 by year-end. While many seasoned investors…
Bitcoin’s computing power has surged to record levels, even as miners ramp up BTC sales to cope with shrinking profit margins. Bitcoin’s network strength reached a new milestone in early April, even as miners ramped up their Bitcoin (BTC) sales to stay afloat. On April 5, the hashrate achieved historic 1 sextillion hashes per second on a daily basis, according to data from BitInfoCharts. Bitcoin miner revenue (monthly) | Source: Newhedge But while hashrate climbs, miner revenue remains under pressure. Bitcoin miners’ revenue in March dropped nearly 50% from March…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin’s upward momentum appears to be slowing down following a recovery phase earlier this week. After climbing close to $86,000, BTC has retraced slightly, hovering just above the $84,000…
Bitcoin could be heading into another extended consolidation phase, with short-term indicators suggesting a more bearish outlook, contrary to the broader crypto community’s view, according to the head of research at 10x Research. While many crypto analysts predict new Bitcoin (BTC) all-time highs by June, Markus Thielen said in an April 14 markets report that he is skeptical, pointing out that onchain data signals “more of a bear market environment than a bullish one.” Short-term indicators signal potential market top Thielen said the Bitcoin stochastic oscillator — which compares a…