Scott Matherson is a well-known figure in the crypto industry, recognized for his ability to simplify complex topics and make them accessible to a wide audience. With a background in banking and investment, Scott brings a unique perspective to the world of cryptocurrency, allowing him to break down intricate concepts in a way that is
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The world of cryptocurrency trading is witnessing a significant shift, with decentralized exchanges (DEXs) now surpassing centralized exchanges (CEXs) in trading volume ratio. This milestone was recently highlighted by Uniswap founder Hayden Adams, who pointed out that DEX market share is currently at an all-time high relative to CEX. The rise of DEX trading volumes
Bitcoin (BTC) is currently facing significant bearish pressure, with technical indicators pointing towards a potential decline to the $63,316 mark. This drop in price is attributed to weakening momentum and a decrease in trading volume, alarming investors and analysts who are closely monitoring the situation. At the time of writing, Bitcoin has a market capitalization
The Bitcoin open interest has once again set a new record, reaching a staggering amount that could have serious implications for the market. After a period of decline, the open interest has surged to new highs as the price of BTC soared to $70,000. This rise in open interest is indicative of increased interest from
Ethereum’s price faced challenges as it tried to surpass the $3,400 mark, leading to a correction in its gains. The cryptocurrency is currently holding steady around $3,280, and there are indications that another upward movement could be on the horizon. After hitting the $3,400 resistance level, Ethereum started to experience a downward correction. The price
Aayush Jindal is a standout figure in the world of finance, with a wealth of experience spanning over 15 years in the fields of Forex and cryptocurrency trading. His expertise in providing technical analysis is unparalleled, making him a trusted advisor and senior market expert to investors globally. Aayush’s journey to becoming a leading authority
Bitcoin price faced a strong resistance level near $70,000 and initiated a downward correction in its value. The correction phase began after failing to sustain above the $68,500 mark and the critical 100 hourly Simple Moving Average. This corrective move raises concerns about the future price action of Bitcoin. A significant development during the correction
In March 2024, the Bitcoin price reached a record high of $73,400. However, in the past four months, it has struggled to surpass this peak, hovering below it. Despite this, there is still optimism within the crypto community that Bitcoin will eventually rally and reach a new all-time high. According to renowned crypto analyst “Melikatrader94,”
The recent comments made by Tron founder Justin Sun urging China to reconsider its stance on Bitcoin policies in response to former President Donald Trump’s support for digital assets have sparked a debate on the global stage. Trump’s declaration at the Bitcoin2024 conference in Nashville, promising to solidify the US as a powerhouse in the
Growing up in Edo State, Nigeria, surrounded by my siblings who were my idols and mentors, I was introduced to the world of cryptocurrency three years ago. It all started when a friend shared his success story of investing in crypto assets and reaping massive gains. Intrigued by his journey, I delved deep into the