Here is Why the Crypto Market is Down 20% & Bitcoin 5% This Week

As a seasoned crypto analyst with years of experience in following the market trends, I believe that the recent downturn in the cryptocurrency market is a normal correction within an overall bullish trend. The macroeconomic indicators, such as CPI and PPI data, have contributed to the bearish sentiment, but they also indicate a slowing down … Read more

DOGE Price Prediction for June 15

As an experienced market analyst, I see the current sideways trading of the market according to CoinMarketCap and the 4% decline in DOGE‘s price over the last day as a potential opportunity for strategic entry or exit points. The resistance level of $0.1371 on the hourly chart is an important technical indicator, which, if broken, … Read more

Bitcoin Surge Incoming? MicroStrategy Prepares To Buy $700 Million Worth Of BTC

As a researcher with experience in the financial and technology sectors, I find MicroStrategy’s decision to increase its Bitcoin holdings through a $700 million convertible notes offering intriguing. The company’s commitment to expanding its Bitcoin position, despite market volatility, is noteworthy, especially given its current ranking as the world’s largest Bitcoin holder among public companies. … Read more

‘Game Changer for Payments’: Coinbase CEO Gives Hot Take on Crypto Developments

As a researcher with a background in blockchain technology and digital currencies, I find Brian Armstrong’s insights at the State of Crypto Summit 2024 particularly intriguing. His emphasis on the importance of layer-2 solutions like Base, which enable instant, free transactions and reduce costs, resonates with my understanding of the technological advancements in this field. … Read more

Coinbase Halts Trading of Two Crypto Tokens: Here’s Why

As an experienced analyst, I believe that Coinbase’s decision to disable trading for Metal DAO (MTL) and Enjin Coin (ENJ) is a prudent one, given the recent assessment of assets on its platform to ensure they meet listing standards. This move comes as no surprise in the volatile world of cryptocurrency exchanges, where regulatory compliance … Read more