Bitcoin

Crypto analyst Crypto Kaleo has laid out a bullish narrative for Dogecoin (DOGE), revealing how well the foremost meme coin could perform in this bull run. He also suggested that there was no need to worry about Dogecoin’s current price action, which paints a bearish outlook for the meme coin.  Dogecoin Will Outpace Bitcoin In This Market Cycle Crypto Kaleo mentioned in an X (formerly Twitter) post that he has “an insanely high conviction” that Dogecoin will “outpace” Bitcoin in…

Bitcoin is on the rampage, breaching the key resistance level at $71,000 recently. The rally and prospect of Bitcoin has stirred a corresponding shift in altcoins. Bitcoin (BTC) recently soared over $71,000, inching closer to its all-time high of $73,628. This rally comes ahead of the Federal Reserve meeting next week, with investors anticipating rate cuts later this year. Hopes for Lower Interest Rates Recent economic data suggests moderating inflation and a softening job market in the US, strengthening the…

Despite the relative tepid movement in the crypto market since Bitcoin hit a new all-time high (ATH) in March, Bitcoin, Ethereum, and Solana have continued to top traditional assets, including Gold. This was highlighted in a recent report that showed how crypto assets have provided the best returns for a while now.  Bitcoin, Ethereum, And Solana Outperform Traditional Assets Raoul Pal, Co-Founder of Exponential Age Asset Management (EXPAAM), shared the crypto investment firm’s latest monthly update, showing annualized returns on…

An on-chain analyst has explained how Bitcoin is sitting like a coiled spring right now, a state the asset doesn’t usually stay in for too long. Bitcoin Short-Term Holder Sell-Side Risk Ratio Has Declined Recently In a new post on X, analyst Checkmate has discussed the recent trend occurring in the Sell-Side Risk Ratio for the Bitcoin short-term holders. The Sell-Side Risk Ratio here refers to an indicator that tells us about how the absolute profit and loss being locked…

Bitcoin price is back trading above $70,000 after weeks of sideways price action. The recent boredom and sideways grind, however, isn’t necessarily a bad thing. In the past, such lulls in volatility have preceded the top cryptocurrency’s greatest rallies on record. Let’s take a look. Bitcoin Historical Volatility Reaches Record Low The term volatility often has a negative connotation surrounding it. For example, Oxford Languages defines volatility as the “liability to change rapidly and unpredictably, especially for the worse.” In…

The Bitcoin breakout looks to be happening, as the king of the cryptocurrencies gets above $71,500. Various altcoins are following suit, and Injective Protocol (INJ) and Binance Coin (BNB) are chief among these. Bitcoin break awaiting daily confirmation The long-awaited Bitcoin breakout finally appears to be happening. Up 1.6% on the day, $BTC is currently at a price of $71,600. The break has confirmed on as high as the 12-hour time frame so far, and it is just a matter…

The Bitcoin price appears to have kickstarted the next leg of its bull run. BTC has rallied by 12% over the past 30 days and 7% over the past week alone.  Just today on Wednesday, Bitcoin jumped up by 2% in early US trading hours to reach a new monthly high of $71,600.  The market sentiment has quickly turned bullish in favor of BTC, indicative of an end to its sideways price action and a major rally in the coming…

Looking to earn Bitcoin without the hassle? With cloud mining, you can rent computing power for a chance at cryptocurrency rewards. It's pretty easy, saves on costs, and has the potential for passive income. Just watch out for scams and the ups and downs of the market! What is Cloud Mining? This guide is all about the free Bitcoin cloud mining platforms available in 2024. But before you jump into this exciting way to earn crypto, let's talk about what…

The days of Bitcoin's value going through the roof, with gains of 100x or even 1,000x, appear to be a thing of the past. But there is a lot of activity going on behind the scenes that might yet give Bitcoin's price growth some renewed momentum.  Since Bitcoin was first created by Satoshi Nakamoto in 2009, its utility has always been pretty  simple. It's mostly seen as a store of value, and an alternative currency that allows users to transact…