The crypto market is in turmoil with sensational news: 95% of Bitcoin addresses are now profitable. This exceptional situation has created extremely positive sentiment in the market, but it also raises questions about the sustainability of this bullish momentum. Bitcoin: Historic Bullish Momentum! Historically, when the majority of Bitcoin addresses are in profit, this has … Read more
The crypto market is in turmoil with sensational news: 95% of Bitcoin addresses are now profitable. This exceptional situation has created extremely positive sentiment in the market, but it also raises questions about the sustainability of this bullish momentum. Bitcoin: Historic Bullish Momentum! Historically, when the majority of Bitcoin addresses are in profit, this has … Read more
It is impossible for Bitcoin to remain stable in these troubled times. As the Middle East prepares for a possible conflict between Israel and Iran, investors are turning massively to gold. Immediate consequence: BTC falls 2% to $62,500, while gold climbs to $2,662 per ounce. Bitcoin’s volatility in the face of geopolitical tensions shows that … Read more
Sui and Litecoin have been fighting a real battle in the crypto world lately. But today the big winner has a name: SUI. Due to the rapidly expanding market volume and the integration of cutting-edge technologies, SUI managed to leapfrog LTC by one place in the ranking. In this article, we will explore the reasons … Read more
Bitcoin is experiencing a significant decline, which is again fueling investor concerns. After approaching $66,000 last week, its price dropped to $62,501 this Tuesday, down 5.3%. Catalysts of unexpected decline This sudden decline stems from several key factors. First, statements by Jerome Powell, chairman of the US Federal Reserve System, dampened the market’s enthusiasm. During … Read more
Metaplanet continues to bet big on Bitcoin. Indeed, the Japanese company just purchased 107 more BTC. This investment brings his Bitcoin holdings to 506 BTC, worth $32 million. Bitcoin remains a popular crypto asset for large investors Tokyo-listed Metaplanet recently made headlines with a buyout 107.9 more bitcoins for approximately $6.9 million. This purchase, made … Read more
Every statement by the Chairman of the Federal Reserve System, Jerome Powell, is watched by the financial markets with special attention. Indeed, during his latest intervention yesterday, September 30, 2024, Powell expressed measured optimism about the Fed’s ability to bring inflation back to its 2% target. This prospect could be the catalyst for a major … Read more
Every statement by the Chairman of the Federal Reserve System, Jerome Powell, is watched by the financial markets with special attention. Indeed, during his latest intervention yesterday, September 30, 2024, Powell expressed measured optimism about the Fed’s ability to bring inflation back to its 2% target. This prospect could be the catalyst for a major … Read more
A combination of global economic concerns and speculation surrounding a potential bubble in the artificial intelligence (AI) sector is sending bitcoin into a tailspin and destroying investor confidence. The decline that Bitcoin experienced yesterday, September 30, is only a symptom of a deeper malaise affecting the entire crypto market. Between fears of a global recession … Read more
The crypto market continues to develop at a steady pace, but some asset classes are struggling to convince investors. This is especially true for Ethereum ETFs, which despite their potential have failed to garner the expected interest. BlackRock, one of the world’s largest asset managers, just expressed disappointment with the performance of spot Ethereum ETFs, … Read more