The broader crypto market is currently navigating a phase of uncertainty, with concerns mounting over the possibility of a new bear market. A recent analysis by Barchart analyst Rob Isbitts highlights three significant signals suggesting that a deeper retreat in crypto prices may be on the horizon. Emerging Correlations Among Crypto Prices The report points…
What to Know: Blockchain.com is reportedly considering a public listing via a special purpose acquisition company (SPAC). A SPAC route is viewed as quicker and less complex than a traditional IPO. The hiring of a CFO (Justin Evans) from Goldman Sachs and a COO (Mike Wilcox) indicates preparations for a public company structure. The step…
What to Know: A crypto whale recently invested $36K in Bitcoin Hyper, signaling strong confidence in the project’s growth potential. Bitcoin Hyper is the first true Bitcoin Layer 2 built to fix Bitcoin’s speed, scalability, and usability issues. Powered by the Solana Virtual Machine (SVM), it delivers sub-second transactions, low fees, and full cross-chain interoperability.…
Bitcoin (BTC) started the week recovering 6% from Friday’s drop and attempting to reclaim a crucial area that could set the stage for a trend continuation. However, some analysts have advised caution as BTC’s next leg up could be delayed until December. Related Reading Bitcoin To Move Sideways Until December? After the end-of-week market downturn,…
What to Know: There is a large concentration of liquidity above the current $BTC price, suggesting a short squeeze could be in the making. The “Coinbase premium” for Bitcoin (the premium or differential of Bitcoin’s price on the U.S. exchange Coinbase relative to global exchanges) is rising – signifying stronger U.S. institutional and retail demand.…
A rare confluence of macro catalysts will put risk assets—and by extension crypto—on edge this Friday. The US Bureau of Labor Statistics (BLS) has confirmed it will publish the delayed September Consumer Price Index at 8:30 a.m. ET on Friday, October 24, even as most federal data remain frozen by the ongoing government shutdown. In…
John Bollinger, the inventor of Bollinger Bands and a figure whose occasional crypto market calls carry outsized weight, says Ethereum and Solana are tracing potential “W” bottoms—while Bitcoin is not. In a post on X on October 18, Bollinger wrote: “Potential ‘W’ bottoms in Bollinger Band terms in ETHUSD and SOLUSD, but not in BTCUSD.…
What to Know: $SOL is pushing to $250 following a 16-second mysterious teaser by Solana Foundation on X, announcing something coming today. The community believes the devs hint at the Solana debit card. The Solana ecosystem outpaced all other blockchains in terms of fee revenue, daily transactions, and daily users. Snorter Token’s ($SNORT) $5.1M presale…
As Solana’s (SOL) price attempts to hold a crucial support area, an analyst has warned investors that the highly anticipated “Solana season” might not happen as the altcoin risks a massive price crash. Related Reading Solana Risks ‘Serious Downside’ On Friday, Solana followed the rest of the market and fell below the $180 support to…
According to on-chain trackers, bitcoin miners have moved a huge amount of coins to a major exchange in recent days, signaling a clear change in behavior that the market will watch closely. Related Reading Reports have disclosed miner transfers totaling 51,000 BTC — worth over $5.7 billion — to Binance since October 9. That is…