Semilore Faleti has made a significant impact in the world of crypto journalism. With a specialization in journalism and content creation, Semilore has dedicated his career to unraveling the complexities of blockchain and cryptocurrency. His passion for digital assets and the potential they hold for transforming the financial landscape is evident in his work. Semilore
Bitcoin
Opeyemi is deeply involved in the world of cryptocurrency, despite it not being his initial career choice. His fascination with blockchain technology has kept him engaged in the industry for over two years. He takes pride in his ability to demystify the complexities of cryptocurrency and share his insights with others. Opeyemi’s dedication to analyzing
The recent rejection of Bitcoin at $62,000 has sparked a debate within the market regarding the future direction of the cryptocurrency. Bulls and bears are currently engaged in a tug of war, with clashing sentiments leading to uncertainty about the price movement. Crypto analyst DonAlt has made a bold prediction regarding the future of Bitcoin’s
Recent events have shed light on the decline in Bitcoin’s price, with major sell-offs taking place, primarily instigated by governments such as Germany and the US. The German government’s sale of 2,786 BTC, valued at $140 million, and the US government’s transfer of 3,940 BTC to the Coinbase exchange, worth $241.22 million, have significantly impacted
Bitcoin recently encountered a significant rejection at the $62,498 resistance level, highlighting the prevailing bearish dominance in the market. This failure to surpass a crucial threshold underscores the strength of selling pressure and raises concerns about potential downward trends. The rejection at this key level serves as a cautionary signal for traders and investors, prompting
Bitcoin, the leading cryptocurrency in the market, seems to be facing a critical juncture as it approaches a key moment. After a strong performance in the first half of 2024, where it broke through the important $71,000 mark, it has since retreated and is now hovering around the crucial $61,000 support level. This recent dip
Spot Bitcoin ETFs have recently experienced a concerning trend of outflows for seven consecutive days. These outflows have been averaging around $100 million daily, totaling to approximately $1.2 billion pulled out from the funds so far. This decline has been closely linked to the drop in the Bitcoin price, indicating a possible correlation between institutional
The once-thriving crypto market is currently experiencing a significant downturn, with Bitcoin at the forefront of the retreat. Following its meteoric rise to over $73,000 earlier this year, Bitcoin has lost its momentum and is now plunging to new lows. This downward trend has sparked a wave of panic among investors, triggering a mass exodus
Anthony Scaramucci, the founder of SkyBridge Capital, has made some bold predictions regarding Bitcoin’s price if Joe Biden wins the upcoming US presidential election. During an interview on Unchained, Scaramucci claimed that Bitcoin could potentially reach new all-time highs under a second Biden administration. He anticipates that Bitcoin’s price could soar to anywhere between $170,000
Bitcoin is currently experiencing a significant decline in its price, steadily approaching the critical $60,000 mark. The shift in market sentiment has become increasingly bearish, influenced by a combination of macroeconomic factors and a recent surge in selling pressure. This has led to Bitcoin struggling to maintain higher levels, causing anxiety among investors and traders.