Tag: Cryptocurrency market trends

news-18102024-214321

Unpacking the Latest Blockchain Trilemma: Beyond Technology

The original blockchain trilemma highlighted the difficult choice users had to make between decentralization, scalability, and security, where they could only prioritize two out of the three. However, a new trilemma has emerged, focusing...
news-18102024-092505

Bitcoin hashprice hits two-month high, boosting mining profitability

Bitcoin's hashprice has surged to a two-month high, reaching over $50 for the first time in mid-August. This increase is a positive sign for miners who have been struggling due to harsh market conditions....
news-16102024-205547

Crypto’s Bullish Momentum: History Points to Post-Election Growth

As the U.S. presidential election approaches, investors are looking at how the outcome will impact the financial markets, including the cryptocurrency market. In recent weeks, crypto assets have been on the rise, with factors...
news-15102024-201320

Bitcoin Price Prediction: $73K Before Election Due to ETF Inflows and MicroStrategy Surge

Standard Chartered, a global financial institution, has made a bold prediction regarding the price of Bitcoin leading up to the US election. According to their analysis, Bitcoin could potentially reach $73,000 before the election...
news-15102024-075055

Bitcoin Price Prediction: Chart Signals Record Highs Above $73K

Bitcoin's price has been on the rise, with signals pointing towards potential record highs above $73,000. The three-line break chart indicates a bullish resolution of the seven-month-long corrective trend, suggesting a move to new...
news-11102024-121038

Bitcoin Price Surges to $61K in Americas Before September CPI Report

Bitcoin's price in the Americas surged to $61,000 before the September CPI report. Despite a slight dip to $60,300, Bitcoin recovered to $61,000, trading about 1.6% lower over 24 hours. The broader crypto market,...
news-11102024-120930

Bitcoin Bull Market: Second Breakout and Profitable Long-Term Holding

Bitcoin's bull market is showing signs of a second breakout, according to analyst Crypto Dan from CQ Korea. He points to historical patterns from previous cycles in 2013 and 2020, where long-term holders were...
news-10102024-180035

Bitcoin price analysis: $60,500 dip due to core inflation rise, YoY decline to 2.4%

Bitcoin's price has taken a slight dip to around $60,500 in response to unexpected core inflation rise and a year-over-year decline to 2.4%. The US inflation data released today revealed higher-than-expected figures, with the...
news-09102024-235402

Debunking the ‘Inductive Fallacy’ in Memecoin vs. Altcoin Revenue Debate

Jeff Zirlin, co-founder of Ronin and Axie Infinity, recently criticized what he calls the 'inductive fallacy' in the ongoing debate between memecoins and altcoins. He argued that comparing the success of these tokens based...
news-09102024-175317

Analysis: Impact of HBO Satoshi Reveal on First Mover Americas Crypto Market

The cryptocurrency market showed little reaction to the highly anticipated HBO documentary that claimed to reveal the true identity of Satoshi Nakamoto, the mysterious creator of Bitcoin. Despite the documentary naming Bitcoin developer Peter...