Prominent Bitcoin maximalist remains optimistic about BTC despite price crash, here’s why

Cryptocurrency price on July 4 quick take: The global market cap dipped to $2.17 trillion.

Popular crypto analyst Crypto Rover is navigating the choppy waters of the Bitcoin market, offering a measured analysis tinged with cautious optimism. In a recent YouTube video, Rover dissected the recent price action, highlighting both bearish indicators and potential bullish triggers that could send Bitcoin soaring. Bitcoin Tests Crucial Support, Buy Orders Set The immediate […]

The new tokenized assets offer the stability of the Bitcoin network with admirable yield.

Bitcoin’s price continues to fluctuate, dropping below US$60K multiple times before recovering to US$60,307 as market volatility persists. Despite a strong start with a 68.68% Q1 gain, Bitcoin faced a challenging Q2 with a 12% monthly loss and looming large repayments from the Mt. Gox case. Federal Reserve Chair Jerome Powell warns of an unsustainable […]

Despite market volatility and dips below US$60K, Glassnode sees strong investor profitability with many experiencing a 2x return on investment. Glassnode’s analysis highlights a high unrealised profit to loss ratio, indicating a bullish sentiment and a potential upcoming major market move. Swissblock anticipates a recovery in July for Bitcoin, supported by positive ETF flows, seasonal […]

According to the latest data, $305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $57,000. One analyst predicts that with the Mt Gox and German government sell-offs, “supply will likely outstrip demand.” Conversely, QCP Capital notes that despite the current crypto sell-off, the options market remains hopeful. Crypto Liquidation Tops $305M as […]

The cryptocurrency and decentralized finance (DeFi) sectors suffered a staggering $1.19 billion in losses due to hacks, scams, and exploits in the first half of 2024, according to a new report from blockchain security firm CertiK. Crypto Security Woes Deepen as H1 Losses Hit $1.19 Billion The “Hack3d: The Web3 Security Quarterly Report” for Q2 […]

Following a short bounce in late June, Pepe recovered for a week and entered the $0.000013 range but due to a sudden rejection, it lost steam and started to show signs of weakness. So far, it has lost 25% in a week. In continuation of the overall crypto market clampdown, Pepe declined by another 13% […]

[PRESS RELEASE – London, UK, July 4th, 2024]  In a groundbreaking move, YieldNest announced the merger of PrimeStaked’s Liquid Restaking Token (LRT), primeETH, into YieldNest’s much anticipated ynLSD product. This collaboration marks a significant step forward in the DeFi landscape by providing primeStaked users with YieldNest’s advanced technology to offer unparalleled benefits. This aligns with […]

Today is America’s Independence Day, a celebration of our freedom from the British Empire and the tyranny of a bureaucracy removed by thousands of miles of ocean ruling over our lives. The Revolutionary War that won us that freedom is not something that happened overnight, or something that just sparked due to one event or […]

Bitcoin price is pinned below $60,000, but derivatives and stablecoin data show traders remain optimistic.

Bitcoin fell to lows of $59,506 in Wednesday’s trading session

A Colorado man initially from Pennsylvania has been sentenced after pleading guilty to stealing millions of dollars in cryptocurrency from a …

Ethereum (ETH) is experiencing a significant downturn, with its price rapidly approaching the crucial support level of $3,051. This sharp decline highlights increased selling pressure and growing bearish sentiment in the market.  As Ethereum nears this critical threshold, traders are closely monitoring its behavior for signs of either a stabilization or a further drop. The […]

WienerAI (WAI) is proving there’s still plenty of appetite for new meme coins. This AI-powered token has just passed the $7 million mark in its ongoing presale as retail investors pile in. But WienerAI isn’t just another joke coin – it’s bringing some serious tech (and passive income potential) to the table. WienerAI Presale Ramps […]

The Nigerian crypto community faces uncertainty after KuCoin, a prominent global cryptocurrency exchange, announced a new tax policy. Starting July 8, the cryptocurrency exchange will impose a 7.5% value-added tax (VAT) on transaction fees for users with Know Your Customer (KYC) information registered in Nigeria. KuCoin Introduces VAT for Nigerian Users In a post on […]

Decentralized oracle network Chainlink (LINK) is suddenly seeing a lot more development activity, according to new data published by the crypto analytics platform Santiment. Santiment notes that Chainlink has shot up in rankings in terms of development activity over the last 30 days from fourth place in May to second place last month. Meanwhile, decentralized […]

TL;DR Bitcoin’s price is on a downward spiral: The price of Bitcoin has plunged roughly 4% in the last 24 hours, breaching the $58,000 mark and dipping as low as $56,900. This extends a downtrend that began last month. Analysts are worried: Market observers are sounding the alarm as heavy selling persists. Some fear this […]

TL;DR Solana (SOL) might rally again: SOL, despite being in the red currently, could be primed for another breakout. This comes after an impressive year where its price surged by over 1500%, propelling it to the number five spot among cryptocurrencies. Grayscale Solana Trust (GSOL) trades at a hefty premium: GSOL is currently trading at […]

Bitwise yesterday submitted an amended S-1 form for its Ethereum spot ETF application, sparking speculation we could see ETFs begin trading within two weeks. Investors and analysts are hopeful the launch of the Ethereum ETFs could inject some confidence back into the crypto markets. Research firm K33 says the launch of ETFs will see ETH’s […]

Bitcoin is back at key month lows, ahead of major data catalysts.  Ethereum Exchange Traded Funds are one step closer to listing on US stock exchanges.  Altcoin analysis: ETH and TON Altcoins continue to feel the squeeze overnight, as Bitcoin yet again tests price levels below the $60,000 USD mark. At a glance this morning, […]

An Illinois judge has sided with the Commodity Futures Trading Commission in a crypto fraud case, labeling two altcoins, OHM and KLIMA, as commodities.

As predicted last week, BNB finally took a downturn yesterday and fell by another 6% near April’s low. It appears bearish on the day as bigger drops are underway. March’s breakpoint is a key target to watch for retests. Going back to where BNB started to lose momentum at $725 in June, it lost roughly […]

The Bitcoin network is showing some signs of miner capitulation. This stage is marked by miners ceasing operations or selling part of Bitcoin reserves. Interestingly, this process has been historically linked to a bottoming of Bitcoin prices, following which the asset is expected to resume a much-needed uptrend. Signs of Bitcoin Miner Capitulation Since the […]

Company Name: Lightspark Founders: David Marcus, Kevin Hurley, Christina Smedley, James Everingham, Christian Catalini, Jai Massari and Tomer Barel Date Founded: April 2022; Series A May 2022 Location of Headquarters: Los Angeles, CA Amount of Bitcoin Held in Treasury: N/A Number of Employees: 45 Website: https://www.lightspark.com/ Public or Private? Private Kevin Hurley and the team […]

The recent dip in Bitcoin (BTC) might be a temporary hiccup, according to Lark Davis, a popular crypto analyst. Davis is calling for a significant upswing in Bitcoin’s value in the coming weeks, with a target of $90,000 by year’s end. This optimistic outlook comes amidst a wave of optimism surrounding institutional investment and the […]

CCData suggests that largest cryptocurrency is likely to reach new cycle peak

A popular cryptocurrency analyst has recently suggested that the leading meme-inspired cryptocurrency Dogecoin ($DOGE) could soon see a price …

HodlX Guest Post  Submit Your Post   As lawmakers and regulators from the US to Europe advance cautiously into crypto, Japan’s Web 3.0 cooperation remains one of its national mandates. Why is that? From its cultural heritage to cutting-edge technological advancements, Japan is where ancient customs and modern marvels converge. The unique blend of tradition and […]

Cryptocurrency analyst Kevin Svenson is saying that Bitcoin (BTC) could reach its cycle top within the coming months. Svenson tells his 78,600 YouTube subscribers that based on Bitcoin’s post-halving behavior over the previous cycles, BTC could hit its cycle top in roughly six months. “So it’s [2012] halving, 40 to 80 weeks profit zone. [2016] […]

Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6 a.m. EDT on July 4, 2024, the price per petahash dropped to $44.842 per PH/s. The dollar value of daily mining revenue per petahash of […]