Semilore Faleti is a cryptocurrency writer who has carved out a niche for himself in the world of journalism and content creation. While he initially explored various subjects, Semilore quickly discovered his passion for delving into the complexities and nuances of blockchain technology and cryptocurrency. His interest lies in the efficiency of digital assets when
Bitcoin
The performance of Bitcoin in June has left many investors disappointed as the cryptocurrency has been trading on a decline, falling below $60,000 at times. Crypto analyst Zen has provided a critical assessment of various liquidity pools that could impact Bitcoin’s price in July and the following months. Zen observed that the recent breakdown below
Semilore Faleti is an esteemed crypto writer who has made significant strides in the field of cryptocurrency journalism and content creation. With a keen eye for detail and a passion for unraveling the complexities of blockchain and digital assets, Semilore has become a trusted voice in the industry. Starting his career by writing on various
Opeyemi is not just an ordinary writer, but a passionate enthusiast in the exciting and unique world of cryptocurrency. Despite the fact that he did not initially choose the digital asset industry, Opeyemi has been captivated by it for over two years now. His dedication to unraveling the complexities of blockchain technology and sharing insights
Bitcoin is currently facing a pivotal moment in its trajectory, with the price recently being rejected at $62,000. This rejection has created a sense of uncertainty in the market, as both bulls and bears are embroiled in a fierce battle for dominance. While bullish sentiments are still prevalent, the emergence of the bears has sparked
The recent decline in the Bitcoin price can be attributed to major sell-offs that have been impacting the market. Notably, large government entities such as the German and US governments have been selling substantial amounts of BTC. The German government recently sold around 2,786 BTC worth approximately $140 million. Similarly, the US government moved almost
Bitcoin, the pioneer cryptocurrency, is currently facing a critical juncture in its journey as it struggles to maintain its price above the $61,000 support level. This comes after a remarkable surge in the first half of 2024, where it breached the significant $71,000 mark, eliciting appreciation and speculation from the investor community. Conflicting Views The
Bitcoin recently faced a significant rejection at the $62,498 resistance level, highlighting the prevailing bearish dominance in the market. This failure to break through a critical threshold has raised concerns about potential downward trends. The rejection at this key level signals caution among traders and investors, prompting a reassessment of market strategies. As of the
Spot Bitcoin ETFs have recently been experiencing a worrying trend of outflows for seven consecutive days. These outflows seem to be directly correlated with the decline in the Bitcoin price, indicating that institutional and miner sell-offs could be driving the downward pressure. The outflows have amounted to around $100 million daily, resulting in a total
The once high-flying crypto market is now facing a period of uncertainty as Bitcoin, the dominant force in the digital landscape, leads the way in a significant retreat. After reaching dizzying heights above $73,000 earlier this year, Bitcoin has taken a sharp downturn, pulling the entire crypto ecosystem along with it into a cold and