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As the price of Bitcoin stabilizes and the market volatility decreases, there are conflicting opinions on the future of BTC. Some speculate a crash is imminent, while others foresee a potential for further upward surge. A recent prediction made by Cryptocurrency analyst and investor, Crypto Jelle, sheds light on the current sentiment surrounding Bitcoin. Despite
In a recent analysis by crypto investor Fred Krueger, Ethereum’s valuation at spot rates has come under scrutiny. Krueger argues that Ethereum is overvalued, with supporters being “detached from reality” as the native currency recently surpassed $3,000. One of the key points raised by Krueger is the declining on-chain activity in Ethereum, along with the
The Bitcoin price has been facing some challenges recently, with fluctuations causing uncertainty among investors. However, there are still indicators that suggest a potential continuation of the upward trend. One such indicator is the Fisher Transform, as pointed out by crypto analyst Tony The Bull. The analysis of the Bitcoin Fisher Transform in comparison to
VanEck’s Bitcoin exchange-traded fund (ETF) experienced a significant and unexpected surge in daily trading volume, reaching $258 million in a single day. This marks a 14-fold increase from its previous daily trading volume of $25.5 million. Despite this achievement, VanEck’s ETF has struggled to keep up with the trading volumes seen in other ETFs such
The recent surge in Ethereum’s price has sparked renewed interest in the crypto community, but Fred Krueger, an experienced Bitcoin ETF specialist, has raised doubts about the validity of this valuation. Krueger’s analysis points to a troubling trend in the usage of the Ethereum blockchain, highlighting a significant drop in daily active users from 120K
Charles Hoskinson, the co-founder of Cardano, recently shared his thoughts on the state of the crypto industry and the future of the Cardano network. He likened Cardano to the “Taylor Swift of Blockchains,” highlighting the network’s unique position and approach in the industry. According to him, Cardano has been “doing everything right” from the beginning,