Tag: Market Analysis
Bitcoin Price Outlook After US Election: Analysis and Forecast
Bitcoin's price outlook after the US election is a topic of interest, with many investors wondering if the cryptocurrency is primed for a post-election rally. According to a recent report by CryptoQuant, Bitcoin's current...
UNI Price Update: CoinDesk 20 Reports 8.6% Drop in UNI Performance
UNI Price Update: CoinDesk 20 has reported an 8.6% drop in UNI performance. It is important to highlight that CoinDesk, an esteemed media outlet that focuses on the cryptocurrency industry, has recently updated its...
Bitcoin Open Interest Declines $2 Billion Before US Elections: Investor Caution Rising
Bitcoin investors are showing signs of caution as the US elections draw near, with open interest in Bitcoin dropping by $2 billion in recent days. This decline, as reported by Coinglass, indicates that some...
New Title: Key Resistance Levels to Watch Above $73.7k All-Time High
After nine months of trading within consistent price channels, Bitcoin is threatening to break out above a new all-time high of $73.7k and enter true price discovery. My price channels have been noted for...
Bitcoin Price Surges Past $65K, Analyzing Growth Compared to Previous U.S. Election Cycles
Bitcoin has surged past the $65,000 mark, experiencing a 4% increase in just 24 hours. This rise is attributed to positive movements in the S&P 500 and expectations of stimulus in China. The trading...
XRP’s 7.8% Decline Impacts CoinDesk 20 Performance Update
CoinDesk, an esteemed media outlet covering the cryptocurrency industry, recently experienced a 7.8% decline in XRP's performance, impacting the overall CoinDesk 20 update. This update comes amidst recent changes to their privacy policy, terms...
Bitcoin’s Correlation with Gold Strengthening During Economic Downturns
During times of economic uncertainty, investors often look for safe-haven assets to protect their wealth. In recent years, both Bitcoin and gold have emerged as popular options for investors seeking to hedge against market...
AVAX Price Analysis: $21.73 Support Level in Focus – What’s Next?
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to...
Polymarket Surpasses DeFi Giants in Traffic Amid Trump-Harris Election Betting Craze
Polymarket, a prediction market platform, has experienced a surge in website traffic, surpassing other DeFi giants like Uniswap, dYdX, Compound, and GMX. This increase in traffic is mainly due to the growing interest in...
Coinbase Reports Strong Q2 Revenue of $1.45 Billion Despite Transaction Decline
Coinbase recently announced their strong second-quarter revenue of $1.45 billion, surpassing market expectations despite a decline in transaction revenue. This is a significant improvement compared to the same period last year when their total...
