The price of Bitcoin might be losing bullish momentum in the short term, but on higher timeframes, the cryptocurrency is likely to extend its current rally. At least, this is part of what we spoke with Dave Weisberger, co-founder and co-CEO at CoinRoutes, a liquidity and algorithmic trading tool provider for the crypto market. As…
Adam Back, the co-founder and CEO of Blockstream, has recently drawn attention to a notable correlation, which is that the prices of ASIC (Application-Specific Integrated Circuit) miners tend to align with Bitcoin prices. This parallel trend has been confirmed historically, with the miners peaking in price during the 2021 Bitcoin bull run, just as BTC…
Blockchain analytics firm Nansen has recently revealed that wallets associated with bankrupt crypto exchange FTX have transferred approximately $156 million worth of digital assets, including Ethereum (ETH) and Solana (SOL), in a series of transactions over the past week. The movement of these funds has raised concerns and attracted the attention of industry experts and…
With every crypto bull market, there are always altcoins that take the path of Bitcoin and end up securing good profits for their holders. With the larger options like Bitcoin already big enough to the point that their potential for high upside is limited, here are 5 altcoins that could make a Bitcoin-like run in…
In a recent development, the crypto holdings of Ripple’s most recent partner, Uphold, have been highlighted as further evidence that the Web3 financial platform is very bullish on the Ripple ecosystem and the utility token XRP, which is used to facilitate transactions on Ripple Payments (formerly known as ODL). Uphold’s Largest Crypto Holding In a…
Dogecoin still boasts one of the most active following of any cryptocurrency and the community’s involvement has been one of the most bullish use cases for it. One community member, who bought the meme coin over five years ago, has come forward to explain why they still hold the coin with expectations for where the…
In a chilling development on Halloween Day, the crypto community was hit with disturbing news as PeckShield, a renowned blockchain security company, revealed a series of rug pulls over the past few hours. Rug pulls, a form of cryptocurrency scam, involve sudden and deliberate value drops in specific tokens, accompanied by the perpetrators swapping the…
The XRP price continues to enjoy positive performance as the crypto market trends to the upside. The current rally confluences with the sector’s historical performance; thus, cryptocurrencies could extend their bullish trend. As of this writing, the XRP price trades at $0.58 with a 5% profit in the last 24 hours. In the previous seven…
When Bitcoin price action is sideways and directionless for the better part of a year, bulls and bears argue over which direction will be ultimately chosen. However, considering macro conditions like rising interest rates, a sinking stock market, and mounting ting debt, bears aren’t ready to throw in the towel. But they might want to…
Several altcoins are currently on the rise following Bitcoin’s resurgence, and popular crypto analyst Ali Martinez has singled out the Uniswap UNI token as one of those tokens that could rally further as he projects that UNI is set to break out soon from its current resistance level. Why Uniswap Is Poised For A Breakout…