Altcoins
Bitcoin’s Future: Insights from Analyst Benjamin Cowen’s Patterns and Federal Reserve Impact
In the realm of cryptocurrency, Benjamin Cowen, a respected figure in crypto analytics, recently shared concerns with his YouTube audience, signalling a potential repetition of Bitcoin’s 2019 correction. Derived from a detailed analysis of Bitcoin’s price patterns, Cowen suggests a resemblance to historical dips, particularly referencing the “engulfing candle” pattern that historically signalled substantial price […]
Revenue Surge Elevates Polkadot: Will DOT Follow Avalanche’s Bullish Trend?
Polkadot (DOT) has recently experienced a noteworthy surge in revenue, indicating heightened usage within its blockchain network. This surge in revenue resonates with the financial journey of Avalanche (AVAX), which saw a substantial price surge after a similar revenue hike. This occurrence sparks speculation: Could DOT be poised for a comparable bullish run? Recent data […]
SEC’s Strategic Dialogue with Bitcoin ETF Filers Signals Crypto Market Evolution
The U.S. Securities and Exchange Commission (SEC) has recently been engaged in active discussions with Bitcoin Exchange-Traded Fund (ETF) filers, indicating a significant change in approach towards the crypto market. At the heart of these discussions lies the SEC’s emphasis on a cash conversion model, requiring issuers to convert Bitcoin holdings into cash before trading […]
Bitcoin’s Resilience Amid Market Turbulence: A Beacon of Independence
As the U.S. stock market experienced a 1.42% decline in the S&P 500 index, cryptocurrencies, including Bitcoin, faced initial drops due to the market turbulence. However, they showcased notable recovery during Asian trading hours on Thursday. Tokens like SOL and AVAX surged, exemplifying the crypto market’s resilience against conventional market fluctuations. This resilience signifies the […]
Shiba Inu’s $1 Dream: Overshadowed by Supply Woes and Market Competition
Shiba Inu, the meme cryptocurrency that has piqued investor interest due to its low price and the ambitious goal of reaching $1, encounters a significant roadblock in achieving this milestone: its massive circulating supply. With an overwhelming count of 589 trillion coins, far surpassing its counterparts like Dogecoin and Ethereum, the potential market valuation at […]
BRICS Alliance Expands with Saudi Arabia: Initiates De-Dollarization Strategy
The BRICS alliance, encompassing Brazil, Russia, India, China, and South Africa, has been a pivotal subject in discussions revolving around a more balanced global economic landscape. However, the year 2023 witnessed a notable shift in these deliberations as the bloc took tangible steps towards de-dollarization, marking a substantial deviation from the predominant use of the […]
Whale Activity Points to a Potential Resurgence for Shiba Inu in Crypto Markets
In the dynamic world of cryptocurrency, Shiba Inu (SHIB), a popular dog-themed digital asset, is experiencing a remarkable shift in market behaviour. A significant 1,079% spike in netflows from large holders, commonly known as whales, has caught the attention of investors and analysts alike. Netflow, a critical metric in the cryptocurrency market, refers to the […]
Shiba Inu’s Christmas Extravaganza: A Festive Thank You to the SHIB Community
The Shiba Inu (SHIB) community is gearing up for an extraordinary holiday season as team member Lucie reveals plans for a grand Shibarium Christmas giveaway party on December 20th. This festive event serves as a heartfelt token of appreciation for the unwavering support of the SHIB community. It will be a joyous gathering of Shiba […]
IOTA 2.0 Revolutionizes Blockchain Efficiency: Integrated Mempool and MEV Mitigation
IOTA 2.0 is spearheading a paradigm shift in blockchain technology with its groundbreaking integration of the mempool within the Tangle. This innovative approach is poised to redefine how transactions are processed and tackle the persistent challenges posed by Maximal/Miner Extractable Value (MEV). Conventionally, blockchain networks rely on the mempool as a staging area for unverified […]
Chainlink’s Year-End Rally Prospects: Analysts Eye 20% Price Surge
As we approach the year’s end, Chainlink (LINK) is garnering attention for its promising signs of a significant price increase. Analysts are eyeing a potential 20% rally, driven by a combination of bullish on-chain indicators and favourable market patterns. Let’s delve into the three key reasons fueling this optimistic outlook. 1. Ascending Triangle Breakout: A […]