Auto Added by WPeMatico

Following the Crypto Downturn, Market Observers Predict a 2020-Style Comeback

Over the past 24 hours, as market values have declined significantly, many observers have begun discussing the current crypto market cycle and the potential for digital currency prices to recover.…

Continue ReadingFollowing the Crypto Downturn, Market Observers Predict a 2020-Style Comeback

Glassnode Report Says Bitcoin Market Structure Remains Strong Amid Steep Decline

Bitcoin has experienced its steepest decline in the current cycle, trading over 26% below its all-time high (ATH), according to onchain analysis firm Glassnode. This contraction has significantly affected short-term…

Continue ReadingGlassnode Report Says Bitcoin Market Structure Remains Strong Amid Steep Decline

Past vs. Present — Examining Bitcoin’s History of Bull Market Corrections

As of now, the price of bitcoin has decreased by 23.4% from its peak of $73,737, reached on March 14, 2024, about four months ago. Metrics indicate that this is…

Continue ReadingPast vs. Present — Examining Bitcoin’s History of Bull Market Corrections

SEC Clampdown Has Crypto Space Abuzz, Pantera Capital Says We’re in Bull Market, and Much More — Week in Review

There’s been no shortage of news in past weeks when it comes to the United States Securities and Exchange Commission (SEC) taking action against crypto exchanges and companies. From Kraken,…

Continue ReadingSEC Clampdown Has Crypto Space Abuzz, Pantera Capital Says We’re in Bull Market, and Much More — Week in Review