Bitcoin Analysts Predict Decrease in BTC Price Before Parabolic Run Begins A few Bitcoin analysts are now suggesting that the price of BTC may drop below $50,000. Below, we delve into the reasons for this prediction: The frequency of Bitcoin failing to break above higher resistance levels has led to the formation of a “double-top […]
The cryptocurrency industry has rapidly evolved from a niche market to a significant financial sector and has grown to encompass a variety of skills and job opportunities. For those looking to forge a career in this burgeoning industry, it’s crucial to understand the educational and training pathways that can lead to success. This article outlines […]
Bitcoin derivatives turn bearish as traders anticipate sub $60K BTC price Bitcoin derivatives data suggests that macroeconomic and crypto-specific factors are behind BTC’s recent drop below $60,000. Bitcoin price dropped 5.8% between June 23 and June 24, reaching its lowest level in seven weeks at $59,700. $153 million in leveraged long BTC futures was forcefully […]
Disrupting the Cloud Computing Industry: DePIN’s Impact Cointelegraph Research has uncovered the transformative effects of DePIN networks and SwanChain’s ecosystem on the cloud computing sector. Cloud computing market projected to reach $2.3 billion by 2032 Risks of market domination by a few key players March 2024 Meta outage affecting 600,000 users globally DePINs (Decentralized Physical […]
Bitcoin DeFi Development: Insights from Developers The landscape of Bitcoin DeFi presents unique challenges for developers, with issues surrounding base yield and fragmented liquidity serving as key obstacles. Here are some insights shared by experts in the field: The lack of base yield and fragmented liquidity hinder Bitcoin DeFi growth SolvBTC introduces Liquid Yield Tokens […]
Bitcoin Correction Alert: Mt. Gox and Germany Selling Pressure Bitcoin faces the risk of dropping below $60,000 due to looming Mt. Gox repayments and the German government selling off 50,000 BTC. Bitcoin could experience a 4-week correction period. Analysts predict a cooling-off phase before another price rally. RSI indicator shows oversold conditions in the market. […]
With the proliferation of cryptocurrency, the landscape of financial transactions has evolved significantly. Central to this change are the cryptocurrency exchanges, which facilitate the trading of digital currencies. There are primarily two types of cryptocurrency exchanges: crypto-to-crypto exchanges and crypto-to-fiat exchanges. This article delves into these types of exchanges, their differences, benefits, and how to […]
Bitcoin Longs Liquidated as BTC Falls Below $61K The selling pressure from the Mt. Gox repayment could cause Bitcoin’s price to drop below $60,000. Over $122 million in leveraged long positions liquidated as BTC falls Potential drop below $60,000 threshold Bitcoin Liquidations and Price Drop Over $122 million in leveraged long Bitcoin positions liquidated as […]
Financial markets can often seem like a complex labyrinth for new and seasoned investors alike. However, mastering market indicators like volume, moving averages, and other key metrics can significantly enhance one’s investment strategy. Understanding these instruments enables investors to make more informed decisions, predict market trends, and manage risk effectively. In this article, we delve […]
Mt. Gox trustee to start Bitcoin, Bitcoin Cash repayments in July After a decade of anticipation, July might finally bring restitution to the users of the now-defunct Mt. Gox exchange. Mt. Gox, the cryptocurrency exchange that lost 850,000 Bitcoin in investor funds in 2024, will start repaying its defunct users. Mt. Gox’s rehabilitation trustee will […]
