Arthur Hayes, the co-founder of BitMEX, recently published an essay titled “Zoom Out,” where he delves into the parallels between historical economic upheavals and the current financial landscape. He categorizes economic cycles into “Local” and “Global” cycles, emphasizing the importance of understanding these cycles in predicting future trends in the Bitcoin and crypto market. Hayes
Bitcoin
Bitcoin has recently been experiencing a period of volatility, with the price fluctuating between $60,000 and $63,500. Despite attempts to break above important resistance levels, the bearish sentiment in the market seems to be prevailing. One crypto analyst, Alan Santana, has made a rather grim prediction regarding the future of Bitcoin prices. In his analysis
Bitcoin, known for its 24/7 accessibility, has seen a significant decrease in weekend trading volumes according to a recent report by Kaiko. The data shows a dramatic drop from 28% in 2019 to only 16% in 2024, indicating a shift in trading patterns. The introduction of spot Bitcoin ETFs in the US has played a
Opeyemi is not your average writer – he is a dedicated and passionate individual who has found his calling in the world of cryptocurrency. Despite not starting in the digital asset industry, Opeyemi quickly became enamored with the complexities of blockchain technology. For over two years, he has delved into the world of cryptocurrencies with
In a recent analysis provided by crypto analyst Zen, different scenarios for the Bitcoin price in July were outlined. The disappointing performance of Bitcoin in June, where the cryptocurrency saw a noticeable decline in price, has left many investors concerned. Despite the current unfavorable market conditions, Zen has identified key liquidity pools that could impact
Opeyemi is a dedicated individual who has delved deep into the world of cryptocurrencies, even though it was not his initial career choice. His passion for unraveling the complexities of blockchain technology and staying up-to-date with the latest trends in the digital asset industry sets him apart as a proficient writer in this realm. Opeyemi
Cryptocurrency journalism is a fast-paced and ever-evolving field that requires a unique set of skills and knowledge. One individual who has made a significant impact in this space is Semilore Faleti, a dedicated writer with a passion for all things blockchain and digital assets. Semilore Faleti’s journey into cryptocurrency writing began with a general interest
Bitcoin is currently facing a critical juncture, with the price being rejected at $62,000. This has led to a clash in market sentiment between bulls and bears. While the bulls remain vocal in their support for a bullish continuation, the bears have emerged, speculating that the price could potentially drop even lower. The recent 15%
The recent decline in the price of Bitcoin can be attributed to various factors, with one of the major contributors being the large sell-offs orchestrated by governments. The German government’s decision to sell around 2,786 BTC, equivalent to roughly $140 million, sent shockwaves through the market. Similarly, news broke that the US government had moved
Bitcoin, often referred to as the digital gold, has had a rollercoaster ride in terms of price movements. The Bitcoin Rainbow Chart, a tool that analyzes price movements through a logarithmic scale, currently places Bitcoin in the “Buy” zone. This suggests that there is still room for growth before reaching a peak. Moreover, historical price
