In one of the most striking moments of this cycle, gold has lost trillions in market capitalization, a drawdown larger than the entire value of Bitcoin itself. The metal that once symbolized stability is now showing cracks, while BTC, the asset branded as volatile, has remained remarkably resilient. What It Means For Bitcoin Next Market…
Global macro signals are flashing both warning and opportunity for Bitcoin (BTC). On one hand, major bank Standard Chartered PLC has flagged the potential for Bitcoin to dip below $100,000 in the near term. Related Reading On the other hand, significant growth in global M2 money supply strengthens the backdrop for a longer-term upside. Short-Term Correction Predicted…
The Bitcoin supply in profit has seen a sharp decline amid the latest crypto market crash. This has raised concerns that BTC could suffer a further crash, as holders who are in the red may move to offload their coins. Bitcoin Supply In Profit Drops Amid Market Crash On-chain analytics platform Glassnode revealed in a…
Bitcoin hovered near the mid-$100,000s on Thursday, Oct. 23, as Standard Chartered’s global head of digital assets research Geoffrey Kendrick warned that a move below $100,000 by this weekend “seems inevitable”—while adding that any break could be fleeting the last last time bitcoin is ever below six figures. The remarks, delivered in a mid-week client…
Russia has officially unveiled a sweeping legal framework to integrate crypto into its foreign trade system, a move widely seen as a direct response to mounting Western sanctions. Related Reading The Ministry of Finance and the Central Bank have agreed to legalize crypto settlements for international trade, allowing Russian exporters and importers to transact in…
Veteran chartist Peter Brandt ignited a fresh technical debate on X after publishing two annotated charts—one of today’s Bitcoin daily bars, the other of Chicago Board of Trade soybeans from 1977—arguing that the cryptocurrency may be carving out a broadening top akin to the historical commodity pattern that preceded a 50% collapse. “In 1977 Soybeans…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…
The concept of a price battleground in Bitcoin markets refers to a critical price range where the forces of buying and selling pressure are in a fierce and decisive contest. This is where the outcome is expected to determine BTC’s overall direction and confirm a continuation of a bull market or bear market correction. Why…
Economist and former forex analyst Moonchaser is explaining why expectations of the XRP price reaching $100,000 are not realistic. According to Moonchaser, many XRP fans misunderstand how market value works by claiming that XRP has no market cap. The economist highlighted that XRP, like any other asset or cryptocurrency, is affected by supply, demand, and…