Crypto News
Bitcoin’s Resurgence: Analyzing Data to Determine if a Rally to $100,000 or Higher is Possible
Bitcoin Price Recovers, Yet Traders Show Signs of Risk Aversion Bitcoin, the world’s largest cryptocurrency by market capitalization, experienced a notable recovery this week. After a sharp decline in value, the digital asset bounced back, regaining some of its lost ground. However, a closer look at the market data reveals that investors and traders are…
Unmasking the Mystery Behind Bybits Hack: Zachxbt Reveals North Korea as the Suspected Mastermind
Unraveling the Bybit Hack: An On-Chain Investigation The cryptocurrency market was shaken today by the news of a massive $1.4 billion hack on Bybit, a leading cryptocurrency derivatives exchange. Initially, the assumption was that a single entity was behind this attack. However, the scene has taken an intriguing turn with the entry of on-chain sleuth…
Ripple-SEC Lawsuit: Expert Warns of Longer Settlement Time Compared to Coinbase
Ripple vs. SEC Lawsuit: A Detailed Analysis of the Legal Battle The cryptocurrency market has been a hotbed of regulatory activity in recent years, with the U.S. Securities and Exchange Commission (SEC) taking a particularly active role. One of the most high-profile cases involves Ripple Labs, the company behind the Ripple cryptocurrency (XRP), and its…
Bitcoin’s Vulnerability: Weak Demand for US Bonds Triggers Concerns for Cryptocurrency Market
Bitcoin Dips Below $100,000: A New Challenge for Cryptocurrency Investors The cryptocurrency market experienced a significant downturn in the past week, with Bitcoin (BTC) dipping below the $100,000 mark. The leading digital asset traded as low as $95,600 on some exchanges, marking a 12% drop from its all-time high of $112,480 reached on March 13,…
Altcoin Season on the Horizon? The Answer Lies in Bitcoin’s Performance
Exploring the Concept of Altseason and Its Independence from Bitcoin’s Dominance Altseason, a term widely used in the cryptocurrency community, refers to a period when alternative cryptocurrencies, also known as altcoins, experience significant price growth relative to Bitcoin (BTC). Contrary to popular belief, the altseason might not be solely dependent on Bitcoin’s dominance but rather…
Saylor’s Surprising Proposal: Buy 20% of Bitcoin to Boost the Dollar and Counter Debt!
Michael Saylor’s Bold Proposal: US Government Buys 20% of Bitcoin’s Total Supply At the recent Conservative Political Action Conference (CPAC) in February 2023, Michael Saylor, co-founder, and CEO of MicroStrategy, made a bold and intriguing proposition. He urged the US government to consider acquiring up to 20% of Bitcoin’s (BTC) total supply. Why the Proposal?…
35 Billion Dollars Worth of Bitcoin Transactions Shock Crypto Exchanges in a Day: Bitcoin Nears $100,000 Mark
Bitcoin’s Surprising Price Trajectory: Will It Reach $100,000 Again? Bitcoin (BTC), the pioneering digital currency, has recently sent shockwaves through the cryptocurrency market with its unexpected price movements. Over the past few hours, significant activity on the Bitcoin network has caused a noticeable impact on its price, leading some analysts to predict a potential return…
Steve Cohen Warns of Economic Downturn: Tariffs, Doge Cuts May Trigger Market Correction, According to the Hedge Fund Manager
Point72’s Chairman and CEO Goes Bearish: Trump’s Trade Policy and Its Implications In a recent interview, Steve Cohen, the chairman and CEO of hedge fund Point72, shared his concerns about the economic impact of President Donald Trump’s aggressive trade policies. This marks a shift in Cohen’s stance, as he had previously expressed a bullish outlook….