Despite the prevailing bearish sentiment in the market, Bitcoin investors are not shying away from accumulating more BTC. Large investors holding over $600,000 worth of Bitcoin have been steadily increasing their holdings over the past six months. According to data from Santiment, wallets holding more than 10 BTC have collectively added over 5,000 BTC to
Bitcoin
Recently, crypto analyst Quinten François made waves in the cryptocurrency world by presenting an ultra-bullish narrative for the future trajectory of Bitcoin. According to Quinten, Bitcoin could potentially skyrocket to as high as $4.5 million, ushering in a new era of growth and prosperity for the flagship cryptocurrency. This bold prediction has sparked a flurry
Tom Lee, the head of research at Fundstrat, has made waves with his recent prediction that Bitcoin will surge to $150,000. Despite the current bearish trends in the cryptocurrency market, Lee remains optimistic about Bitcoin’s future outlook. He firmly believes that Bitcoin will reach new all-time highs by the end of 2024. Lee attributes his
Arthur Hayes, the co-founder of crypto exchange BitMEX, has recently provided an intriguing analysis in his latest essay titled “Zoom Out.” In this essay, Hayes delves into the economic upheavals of the 1930s-1970s and draws parallels to today’s financial landscape. Specifically, he focuses on the implications for the Bitcoin and crypto bull run. This analysis
Bitcoin’s price has been experiencing volatility recently, with fluctuations after dropping below $60,000 and finding support above $61,000. Despite attempts to surpass key resistance levels like $63,500, bearish sentiment remains prevalent. Analyst Alan Santana has made a grim prediction, suggesting that the Bitcoin crash is not yet over and foreseeing further price drops. His analysis,
Bitcoin weekend trading volumes have plummeted to historic lows, according to a recent report by Kaiko. The data presented by Kaiko shows a significant decrease in Bitcoin weekend trading activity, dropping from 28% in 2019 to just 16% in 2024. This decline is attributed to the rise of institutional investors, who are now favoring traditional
Opeyemi is not just a writer, but a passionate enthusiast in the world of cryptocurrency. Despite not initially choosing the digital asset industry, he quickly became engrossed in the unique realm of cryptocurrencies. Over the span of two years, he has delved deep into the complexities of blockchain technology and constantly seeks to share insights
As outlined by crypto analyst Zen, Bitcoin is currently exhibiting unique scenarios across different timeframes. On the daily chart, Bitcoin is clearly in a downtrend, with each bounce being sold into, indicating that the bears have control of the short-term momentum. Conversely, on the weekly candle timeframe, Bitcoin seems to be stuck in a choppy
Semilore Faleti is a cryptocurrency writer with a strong passion for the world of blockchains and digital assets. He has dedicated himself to exploring the intricacies and complexities of this fascinating field, believing in the efficiency and potential for improvement that cryptocurrencies offer. His writing reflects a deep understanding of the subject matter, making it
The world of cryptocurrency has attracted individuals from various backgrounds, including those like Opeyemi who stumbled upon it by chance. Opeyemi’s journey into the realm of digital assets may not have been intentional, but his unwavering passion for the industry is evident in his daily activities. His commitment to creating insightful pieces on blockchain technology