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Market Dip Indicates Deleveraging Rather than Fundamental News: Crypto Analyst
11.12.2023
Source: Adobe Bitcoin’s brief but sharp tumble toward $40,000, accompanied by a broader selloff in the crypto market, signals a potential deleveraging phenomenon rather than a fundamental news catalyst. On Monday, the largest cryptocurrency plunged as much as 7.5% to $40,521 before...
Tether’s Bitcoin Holding Profit Surges to $1.1 Billion as Leading Cryptocurrency Surpasses $42,000
5.12.2023
Source: Adobe/Jim Tether, the company behind the world’s largest stablecoin, has witnessed a significant increase in the value of its Bitcoin (BTC) reserves, surpassing $1 billion in profit. According to data accumulated by crypto analyst EmberCN, Tether currently holds 57,576 BTC, equivalent...
Bitcoin’s $30K Floor — Willy Woo’s Onchain Analysis Predicts Enduring Stability Above Threshold
21.11.2023
On November 21, 2023, the popular onchain analyst Willy Woo presented a detailed chart showcasing the cost basis density map of bitcoin. This analysis delves into BTC’s pricing history and transactional data, pinpointing critical areas of price stabilization and potential zones of support....
Critics Alarmed as 2 Major Mining Pools Dominate Over 50% of Bitcoin Hashrate
16.11.2023
On Wednesday, crypto analyst Chris Blec highlighted that Bitcoin’s two major mining pools now control over half of the network’s total hashrate. Blec posits this dominance could transform bitcoin mining into an industry adhering to regulatory standards, with all miners required...
Can LUNC ever reach $1 again? Crypto analyst reveals why this 100x BTC fork is the best investment
17.10.2023
The cryptocurrency market is known for its volatility and unpredictability. However, we occasionally see jewels offering significant profits and compelling narratives within this digital world. LUNC, a Bitcoin split, and the 100X BTC fork; Bitcoin Spark is an intriguing cryptocurrency....
Crypto Analyst: Bitcoin's 11.1% Loss in Q3 Defies Expectations
9.10.2023
Bitcoin (BTC) faced a challenging third quarter, posting a loss of 11.1%, placing it just above long-term treasuries, which experienced a -11.9% loss during the same period.
The weak performance has puzzled both crypto analysts and investors, given the favorable fundamental developments that have...
Crypto Analyst Predicts Market is Gearing Up For a Bull Run
18.9.2023
Crypto analyst Jason Pizzino has suggested that the cryptocurrency market is on the cusp of a bull run.
In a recent YouTube video, Pizzino claimed that the market is showing strength and potential for growth similar to previous cycles.
"This is the beginning of a bull market just like...
FASB rules ‘eliminate the poor optics’ that shied firms from crypto: Analyst
7.9.2023
“The change should help MicroStrategy and other companies that hold digital assets to eliminate the poor optics that have been created by impairment losses,” said analysts from Berenberg Capital
Crypto Analyst Predicts Stablecoin Adoption Boom Even in Face of Hostile Regulation
30.8.2023
Jamie Coutts, an analyst from Bloomberg Intelligence, has predicted that stablecoin adoption will grow significantly once the issue of hostile regulations in the U.S. is put aside, noting “adoption under the hood is exploding.” Coutts believes that stablecoin usage may overtake bitcoin...
Crypto Analyst Highlights Germany's Economic Challenges and Its Surprising Implications for Crypto
7.8.2023
A weakening economy and potential recession in Germany could be positive for Bitcoin (BTC) prices, crypto analyst Marcel Pechman believes.
According to Pechman, a further fall in Germany’s gross domestic product (GDP) will likely mean that the European Central Bank (ECB) will start easing...
Bitcoin Price Prediction as Crypto Analyst Says BTC Still on Track to Hit $100,000 by 2025 – Time to Buy?
4.8.2023
Bitcoin, the world's largest cryptocurrency, experienced a minor dip of over 1% but managed to maintain its position above the critical $29,000 mark.
Despite showing stability within a specific price range, it lacked significant buying interest as traders eagerly awaited the US Securities...
A Wall Street (Crypto) Analyst’s Take on ChainLink: Crypto Long & Short
26.7.2023
If the LINK token were a stock, here’s what an analyst might say
Breaking - Atomic Wallet Hacked, Crypto Analyst ZachXBT Investigates
3.6.2023
Reports are emerging that Atomic Wallet has been hacked and user funds compromised, with some victims having their entire balance drained.
Today, June 3rd, @AtomicWallet tweeted:
On-chain sleuth ZachXBT, who has in the past managed to trace where stolen funds were sent to and helped authorities...
William Clemente III tips Bitcoin will hit six figures toward end of 2024: Hall of Flame
10.5.2023
Will Clemente III ditched school to become a crypto analyst and says Bitcoin has a strong chance of hitting six figures toward the end of 2024
BudBlockz (BLUNT) to outperform Chainlink (LINK) in coming months, crypto analyst says
9.12.2022
BudBlockz (BLUNT) is an upcoming new cryptocurrency-powered platform that makes it easy to trade marijuana. The $BLUNT token is available on presale and has generated much interest among cryptocurrency enthusiasts. Many analysts have predicted that the $BLUNT token could soon surpass and generate...
Proof-of-Reserves Are at ‘Best Incomplete, at Worst Misleading and Deceptive’ Says Crypto Analyst Martin Hiesboeck
2.12.2022
While many crypto exchanges have seemingly embraced the use of proof-of-reserves (PoR) to showcase their transparency and reassure nervous users, crypto analyst Martin Hiesboeck insists such so-called proofs are susceptible to manipulation or misrepresentation. He added that PoRs alone are not...
Crypto Analyst Tommy Lee Changes His 2022 Bitcoin Prediction – This is What He Thinks Now
26.11.2022
Top Wall Street strategist Thomas Lee, who is also co-founder of Fundstrat Global Advisors, believes crypto will reemerge despite a lackluster performance in 2022.
Lee, who appeared in a recent interview with CNBC, said the current crypto bear market is nothing new. He noted that the crypto...
A Crypto Analyst Reckons Off-Chain Bitcoin Activity is in Bull Market Right Now
7.9.2022
Zack Voell, a prominent crypto market researcher, has opined that while the pioneer cryptocurrency may be in a bear market in terms of price, there are signs to indicate that it is seeing bullish adoption with regard to off-chain activity.
Voell, who is an analyst at the Bitcoin mining software...
'Deep bullishness' for crypto: Analyst comments on Deutsche Bank report
22.2.2022
A U.S. consumer survey by investing powerhouse Deutsche Bank provides “bullish” insights into the crypt market
Analyst That Said $200-300K Bitcoin ‘Looks Programmed’ Still Says BTC Price ‘Nowhere Near a Top’
20.10.2021
On Wednesday, just before bitcoin surpassed the digital asset’s all-time high (ATH), the crypto analyst known as “Techdev” says the “2-week chart looks strong and ready for much higher highs.” Just 26 days ago, Techdev said that “$200-300K bitcoin looks...