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Veteran commodity trader Peter Brandt has suggested that the price of Bitcoin (BTC) could drop by as much as 75%. The 77-year-old based his warning on the observation that in…
Around 18,800 Bitcoin options contracts will be expiring on Friday, Oct. 11, with a notional value of around $1.1 billion. Today’s options expiry is very similar to last week’s as…
TL;DR Despite recent volatility, several indicators suggest that BTC might be entering a bullish phase. On the other hand, one essential element hints at an intensified pullback in the short…
The cryptocurrency market has seen better days. Bitcoin’s price hovered at the $62,000 range for a few days, but it appears that the bears were finally able to take full…
Bitcoin’s rejection at $66K and the break below the 200-day moving average suggest that bearish sentiment is gaining strength. If the price fails to hold the $60K support, the likelihood…
The United States Consumer Price Index measured an increasing inflation rate of 2.4% in September compared to the same month last year. However, this number was slightly higher than anticipated,…
TL;DR It appears that the market uncertainty and negative sentiment are on the rise, especially for Ethereum (ETH), Bitcoin (BTC), and Ripple (XRP). However, some analysts remain optimistic about XRP…
TL;DR Ripple won a major cross-border payments award and made progress on its RLUSD stablecoin. SHIB saw high volatility, briefly surged, but then declined; analysts remain cautiously optimistic. Bitcoin dropped…
The past 24 hours were relatively calm, at least in terms of price action. In fact, the total cryptocurrency market capitalization remained flat at around $2.26 trillion. All eyes were…
Bitcoin’s price has yet to recover above the key 200-day moving average, and if things remain the same, it is seemingly bound to drop to lower levels. Technical Analysis By…