Bitcoin jumped above $70k again on Wednesday as investors are looking for so called safe haven investments in these uncertain times. Precious metals also rallied. At the time of writing, Bitcoin is trading for $73,000 again. There's the upward move for #Bitcoin. Looks great for more continuation; however, $74K is the first resistance. I think […]
Japanese Prime Minister Sanae Takaichi is extremely popular and has recently achieved a historic election victory. A crypto developer therefore launched Sanae Coin, a memecoin that was bearing her image, this past weekend. Buyers were immediately attracted to the new memecoin. That enthusiasm faded after the Prime Minister herself posted a message on X declaring […]
Nearly four out of ten altcoins are trading near their all time low, a percentage that is worse than during the collapse of FTX. This is evident from data by Darkfost, showing that 38.8% of all altcoins are hovering around their lowest point. Meanwhile, Bitcoin is holding above $65,000 and forming a higher low. Analyst […]
Financial markets are reacting sharply to the escalation in the Middle East. UK gas surges 23.5%, Brent crude climbs 9%, gold adds 2.5% and silver rises 2.1%. Equity markets are broadly lower, with the Dow down 1%, the Nasdaq off 0.9% and the S&P 500 slipping 0.4%. The biggest surprise, however, is Bitcoin: the price […]
Bitcoin is trading at $66,409, up 4.57% over the past 24 hours, but the broader weekly loss of 2.32% shows that uncertainty has not disappeared. Analyst Michaël van de Poppe points to the 21 day moving average as a crucial level for a potential relief rally. Meanwhile, crypto platform Hyperliquid is emerging as an unexpected […]
The crypto market plunges after the United States and Israel launch a large-scale military attack on Iran. Bitcoin falls 6.36% to $63,645 and the total market capitalization loses more than 5% in a single day. Within 24 hours, $517.82 million in positions is liquidated, impacting 153,329 traders. The Fear & Greed Index sits at 11, […]
Bitcoin rebounds strongly and climbs back above $68,000 after a reversal from recent lows. The entire crypto market turns green, with Ethereum standing out at +8.58%. Analyst Michaël van de Poppe expects a rally toward $75,000 in early March. Meanwhile, gold continues to break records, fueled by a US budget deficit of $1.9 trillion and […]
Bitcoin is dropping ever deeper into the danger zone, and the chance of a February closing below $60,000 is increasing. Meanwhile, we’re hearing rumors that Meta (formerly Facebook) is considering launching its own stablecoin again. This is noteworthy, as Facebook (which has 2 billion users) has tried this before, only to be rebuffed by the […]
Nik Pash, a coder working for OpenAI, wanted to test just how good AI had become last week. He thus created an AI bot and instructed it to start trading with $50,000 worth of crypto. Once the final profit was $1,000,000, the AI bot would be allowed to stop. After a user on X requested money, […]
Unless we see a rapid bull run of more than 15% in the last week of this month, Bitcoin is bound to close February negatively. That would thus be the fifth consecutive month of declining prices. The last time we saw such a move, it was practically the end of the decline. Will that be […]
