In the realm of cryptocurrency trading, technical indicators play a crucial role in shaping market sentiment and predicting future price movements. One such indicator, the death cross, occurs when a short-term moving average crosses below a long-term moving average, often signaling a potential shift towards bearish conditions. Currently, Bitcoin finds itself on the brink of
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Recent on-chain data from Glassnode has shed light on the sentiment of Bitcoin investors, showing their doubts regarding the cryptocurrency’s short-term prospects. The declining exchange-related on-chain volumes indicate a cautious approach among market participants. This lack of conviction in the short term is evident as exchange-related on-chain volumes have started to dwindle. Centralized exchanges remain
In the fast-paced world of digital technology, accurate financial reporting is crucial for maintaining transparency and building trust among stakeholders. However, even the most reputable companies can fall victim to errors in their financial statements, as demonstrated by the recent correction made by HIVE Digital Technologies Ltd. HIVE recently announced a correction to the HODL
Bitcoin’s price witnessed a rise on Thursday, following a broader rally in risk-driven markets, particularly in stocks. However, the cryptocurrency still remained fragile after experiencing steep losses in the previous week. The strength in the dollar, driven by a stronger consumer price index inflation reading, limited the overall gains in cryptocurrencies. Additionally, the prospect of
In an era where investment landscapes are being reshaped by advanced technology, Plume Network stands out as a pioneer with its recent initiative, the launch of the Mineral Vault fund in collaboration with Allegiance Oil & Gas. This debut not only marks the first venture into modular EVM chains focused on bringing real world assets
MicroStrategy CEO Michael Saylor has become well-known for his incredibly bullish views on Bitcoin. In a recent interview with CNBC, he boldly declared that he believes Bitcoin is destined to reach a valuation of at least $13 million. This prediction is not the first time that Saylor has made such a dramatic statement, but it
The cryptocurrency Dogecoin, known for its meme-based origins, is finally starting to show signs of recovery after weeks of uncertainty in the market. With a current trading price of $0.10, DOGE is slowly inching closer to breaking through the second zero of the decimal point. This psychological barrier could potentially signify a new chapter for
Bitcoin’s price rose on Tuesday, extending a rebound in recent sessions as steep losses from the previous week saw bargain buyers step into cryptocurrency markets. However, Bitcoin’s rebound was limited by anticipation of key U.S. inflation data later in the week. Sustained capital outflows also indicated that sentiment toward crypto remained weak. Despite the rebound,
The rise of the Web3 ecosystem has brought about a wave of innovation and disruption, but one area that has long been a challenge for companies operating in this space is access to flexible and efficient financing solutions. Traditional models have proven to be inadequate, with over-collateralization requirements and rigid repayment terms acting as major
As per the recent analysis conducted by on-chain analytics firm IntoTheBlock, Bitcoin’s historical cycles indicate a potential significant rally in 2025. The firm suggests that the average duration between Bitcoin’s halving events and the subsequent peak is around 480 days. This calculation leads to the prediction of the next peak in the summer of 2025.