Bitcoin has experienced a slight decline in its market price over the past week, with a 4.65% drop according to data from CoinMarketCap. Crypto analyst Ali Martinez has raised concerns about potential further losses for Bitcoin if it fails to secure a specific support zone. Martinez’s analysis is based on the UTXO Realized Price Distribution
Ethereum experienced a 4.4% loss in price this week, signaling a shift in bullish momentum. The price action was dominated by sellers, pushing the cryptocurrency down to the key support level at $3,500. Despite this pullback, there is optimism that it could be a normal retest following a significant breakout after the ETF confirmation. As
Currency has played a significant role in the advancement of societies throughout history. From bartering systems to standardized coins and paper money, the evolution of currency has shaped human experience. However, in recent decades, the financial landscape has been marred by chaos and instability, raising concerns about the loss of control over traditional currencies. The
Bitcoin has faced challenges in surpassing the recent all-time high of $73,000, but Bernstein, a prominent brokerage firm, remains positive about the future trajectory of the asset. In a recent report, Bernstein analysts revised their long-term price forecast for BTC to $200,000 by the end of 2025, up from their previous prediction of $150,000 for
In the past week, Bitcoin has faced a significant amount of selling pressure, resulting in a nearly 5% decline in its value, according to CoinGecko. This decline led to Bitcoin reaching its lowest level in nearly a month, dropping to around the $65,000 mark on June 14th. Recent data from crypto analyst Ali Martinez indicates
Bitcoin’s price has been on a wild ride over the past few days, experiencing significant fluctuations. Starting from a positive note earlier in the week, with the price pumping to over $70,000, the situation quickly turned sour as fears about the US CPI numbers and the subsequent FOMC meeting took hold. The cryptocurrency dropped to
The concept of asset tokenization in the financial sector has been gaining traction in recent years as a way to revolutionize securities and asset management. SEC commissioner Mark Uyeda, in a recent statement, highlighted the potential benefits of asset tokenization, emphasizing the advantages of representing asset rights with digital tokens on a blockchain. Uyeda pointed
Crypto analyst, Sebastian, has made a bold prediction that Cardano (ADA) could potentially rise to $3 this year. One of the reasons he highlighted is Cardano’s partnership with Argentina. The Cardano Foundation’s collaboration with Entre Ríos, a central province in Argentina, is aimed at promoting blockchain adoption in the region. This partnership not only benefits
Recently, Ethereum has experienced a surge in notable withdrawals from centralized exchanges, indicating that crypto whales are anticipating a potential recovery in price. This increase in withdrawals has caused the ETH balances on exchanges to plummet to their lowest level since 2016. Crypto analyst Ash Crypto highlighted the significant shift in the amount of ETH
The New York Attorney General’s office recently announced the resolution of its settlement with Gemini, resulting in the recovery of $50 million for users of the defunct Gemini Earn program. This settlement comes after legal charges were filed against Gemini by the NYAG, alleging that the exchange misled thousands of investors on the risks associated