The cryptocurrency industry has seen explosive growth in 2024, with a dramatic rise in the number of crypto millionaires. According to the latest Crypto Wealth Report by Henley & Partners, there are now 172,300 individuals worldwide holding over $1 million in crypto assets. This marks a staggering 95% increase compared to the previous year. Bitcoin, […]
Analyst DrProfitCrypto predicts a Bitcoin (BTC) surge of $68000 in the near term following an accurate forecast. Bitcoin (BTC) continues to captivate market participants as well-known analyst DrProfitCrypto on X anticipates a significant price surge. After a precise prediction of last week’s rally to $65000, DrProfitCrypto remains confident in further upside potential. How IOTA, Chainlink, […]
Bitcoin Traders Remain Confident in a Bullish Run The Bitcoin market is witnessing a strong bullish surge, with buyers breaking through the $63,000 level and continuing to push forward. Bitcoin is currently trading around the $64,000 area, with no signs of slowing down. The bulls are now targeting the $65,000 zone, a level that hasn’t […]
Bitcoin may reach a peak between $130,000 and $150,000 by late August to early September 2025, according to renowned crypto trader Peter Brandt. If the current bull run follows patterns observed in previous post-halving cycles, this significant rise could be on the horizon.Brandt’s analysis is centered around the April 20 Bitcoin halving, a scheduled event […]
Bitcoin faces strong selling pressure. Bitcoin’s market outlook has taken a bearish turn, with intense selling pressure eroding optimism sparked by the approval of spot Ethereum ETFs. Additionally, the cryptocurrency has been hit hard by a decline in demand, as confirmed by on-chain data and holding patterns that signal a bearish trend. Weeks of stagnant […]
Bitcoin Buyers Need a Strong Resurgence BTCUSD buyers are losing their grip as the price consolidates. The price consolidation around the $60,000 area suggests that the market is in an accumulation phase. Crypto investors may be using this period to gather liquidity before making a decisive move. The $60,000 level serves as a significant area […]
In the aftermath of the 2022 crypto market collapse, we find ourselves revisiting a troubling issue: Operation Chokepoint 2.0. This initiative, revived with renewed vigor, is having a significant impact on the relationship between cryptocurrency and the U.S. banking system. To understand the gravity of the situation, let’s break down the key elements that have […]
BTCUSD Buyers Confront Bearish Onslaught BTCUSD buyers are currently grappling with intense bearish pressure. The Bitcoin market has been facing significant challenges as buyers struggle to maintain control while sellers have pushed the price below the critical $60,000 level. The past week has been marked by a tug-of-war between the bulls and bears, with neither […]
The world’s largest cryptocurrency, Bitcoin, is currently trading at around $58,000, showing little movement in recent days. Despite being up over 100% from last year, the digital currency has faced some challenges in the mining sector. According to CoinDesk, JPMorgan reported that Bitcoin mining became less profitable than ever before in early August. Mining is […]
