A recent analysis by a crypto expert has sparked discussions within the cryptocurrency community, suggesting that Bitcoin’s price could reach over $200,000 by June. This prediction is based on a historical event where Bitcoin’s price more than tripled in just 103 days after surpassing its previous all-time high (ATH). The analyst, known for operating under
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Recently, several users of the MEXC exchange have taken to social media to express their grievances regarding random “clawbacks” and centralized withdrawal freezes that have resulted in the confiscation of their funds. One user, going by the name of “Al Gore Rhythms,” reported a deduction of $33,658 from his spot account. When he questioned customer
The recent surge in Bitcoin’s price to a new all-time high of $69,200 was met with excitement among crypto traders, as it seemed like the beginning of a journey towards a six-digit Bitcoin price. However, this euphoria was short-lived, as the price of Bitcoin quickly plummeted to $61,200 in the hours that followed. On-chain data
Polkadot (DOT) has been making significant gains above the $10.00 resistance level against the US Dollar, sparking speculation among investors about a potential rally towards $12.00 in the near future. The price of DOT is currently above the $10.00 zone and the 100 simple moving average on the 4-hour chart. Additionally, a key bullish trend
Hut 8, a prominent Bitcoin mining company, recently made the decision to close its mining site in Drumheller, Alberta, Canada. The closure was attributed to power disruptions and escalating energy costs which severely impacted the site’s profitability. Despite contributing approximately 1.4% of Hut 8’s Bitcoin production, the Drumheller facility consumed around 11% of its hash
Recent predictions by crypto analysts have raised expectations for a significant breakout in the XRP price. World of Charts and Jaydee have both forecasted a bullish trend for the crypto token, suggesting a potential rise to $3 or even higher. These predictions have ignited optimism among XRP enthusiasts, especially considering the stagnant performance of the
As the cryptocurrency market continues to evolve, new trends are emerging, including the rise of meme coins. These coins, such as Pepe Coin and now $PEEN, are gaining popularity among traders and investors who are looking for the next big opportunity to earn significant returns on their investment. With Pepe Coin consolidating below record highs,
The United Kingdom has recently announced plans to incorporate stablecoins and central bank digital currencies (CBDCs) into its regulatory structure to adhere to EU standards. This move marks a significant step towards aligning with the rest of the European Union in terms of crypto regulation. Former Bank of England official Varun Paul highlighted the UK’s
Bitcoin recently reached its all-time high of over $69,000 on March 5th, only to quickly experience a sharp 14% correction that pushed its price down to $59,300. This rollercoaster ride in BTC’s price led to intense volatility in the market and record-breaking trading volumes across centralized exchanges. The surge in trading volume on centralized exchanges
The recent pullback in the price of Bitcoin has sparked discussions among top crypto analysts about a potential further decline in the crypto market. Analyst and trader Ali Martinez has shared his insights on social media regarding key indicators suggesting a retracement in Bitcoin’s price. According to Martinez, the Tom DeMark (TD) Sequential indicator on