Another week, another round of Crypto Tidbits. Bitcoin has seen quite the tumultuous week,The cryptocurrency started off the week with a bang, collapsing from ~$9,700, the weekly open price, to a low of $8,100, in a dramatic sell-off that liquidated over $200 million worth of long positions on BitMEX and hundreds of millions of more on…
This past week, Litecoin helped lead another crypto rally and help carry Bitcoin and the rest of the market higher. The silver to Bitcoin’s digital gold, Litecoin is expected to be among the highest performing crypto assets in the coming months as investors accumulate ahead of the halving. However, one particular crypto analyst is so…
Litecoin has long been a stalwart of the crypto sphere. It has been around since 2011 when it forked from the original Bitcoin chain. Alongside its big brother it has steadily grown as a faster and ‘lighter’ alternative. Over the past 24 hours however Litecoin has literally lifted off with a 30% surge propelling it…
For the first time in nearly four years, and for only the third time in its 11-year history, bitcoin is about to undergo a seismic shift to its technological foundations. The halving event will not only affect how bitcoin is created, it will likely also have a significant impact on the entire cryptocurrency market. Scheduled to…
In the context of the constantly changing and complex cryptocurrency industry, Bitcoin is currently facing a critical point in its trajectory, as it confronts a range of heightened price pressures that pose significant challenges. The upcoming halving event in 2024 has generated significant anticipation, drawing attention to the complex interaction of various elements that contribute…
Following a little momentum last week Bitcoin spent most of the weekend consolidating. It has been pretty flat for the past fortnight and analysts are now considering the unpopular premise of a final capitulation approaching which would mirror movements from this time last year.Bitcoin Bulls and Bears PoisedCrypto markets were lifted on Friday which resulted…
Bitcoin’s halving is only a mere seven days away, and the bulls are already out in full force.However, according to an eerily similar price fractal that preceded oil’s recent, record-breaking fall into negative territory playing out on Bitcoin price charts, the halving may have the opposite effect than people are expecting.V-Shaped Bitcoin Recovery May Be…
Bitcoin could fall to around $30,000 before the year is out — at least according to one widely followed chart analyst. That bleak projection, drawn from a pattern tied to US midterm election years, is adding fresh weight to a growing skepticism about whether Bitcoin can reach $250,000 in 2026. Related Reading Pattern Tied To…
Bitcoin, the most valuable crypto asset, is at a critical juncture at spot rates if candlestick formation in the weekly chart is anything to go by. One analyst on X, formerly Twitter and NewsBTC Editorial Director Tony Spilotro, is sounding the alarm after picking out the bearish head-and-shoulder pattern in the weekly chart. Will Bitcoin Crack?…
Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, is experiencing a surge in optimism in the cryptocurrency market. The emergence of two new whales, according to crypto tracking platform Spot On Chain, further adds to the bullish sentiment surrounding Ethereum. These whales have collectively withdrawn a substantial amount of ETH, totaling nearly 11,700 coins,…