History

Multiple analysts remain bullish on Dogecoin despite failing to break out of the $0.13 to $0.16 price range. However, others expect a decline considering the significant fall in its 24-hour active addresses and its liquidity concerns.  Dogecoin (DOGE) remains one of the biggest winners in the ongoing broad market rally after surging by 2% in the last 24 hours, 10.7% in the last seven days, and 96% in the last 90 days. Interestingly, the 24-hour trading volume and the market…

Crypto analyst TechDev has provided insights into the Bitcoin (BTC) future trajectory. The analyst hinted that the flagship crypto was currently mirroring its price action in 2017 and could soon make a parabolic rise like it did back then.  History Could Repeat Itself  TechDev shared a chart on his X (formerly Twitter) platform with the caption, “The more things change, the more they stay the same.” The chart showed that Bitcoin’s current price action was mirroring that of the 2017…

Bitcoin reaches a major milestone by processing its one billionth transaction after 15 years in existence.  Interestingly, Ethereum was the first to reach this milestone, surpassing 2 billion transactions in 2023 despite its operation since 2015.  Bitcoin (BTC) has reached a monumental milestone, processing its one billionth transaction after 15 years, four months and four days since Satoshi Nakamoto mined the first block on January 3, 2009. In a report confirmed from Clark Moody’s Bitcoin dashboard, the 1,000,000,000 transactions were…

In a recent thread on X (formerly Twitter), renowned on-chain analyst Checkmate provided an analysis regarding the future trajectory of Bitcoin. Currently, the premier cryptocurrency hovers around the $60,000 mark, a pivotal moment that echoes historical patterns within the Bitcoin market cycle. What Will The Next 6 Months Bring For Bitcoin? Checkmate argues that Bitcoin is positioned in a “chopsolidation” phase—a term coined to describe a stagnant yet volatile period. He suggests that this could last approximately six months, based…

In the last halving cycle, Dogecoin began surging seven months after the Bitcoin halving, hitting a new all-time one year after the event, a pattern some analysts believe could recur. Despite being purely speculative, meme coins continue attracting investors as they are viewed as fairer access points to crypto than VC-controlled major coins like Solana. The Bitcoin halving was a landmark event, and since then, analysts have been mapping out the price charts of the other cryptos in relation to…

The countdown to Bitcoin’s fourth mining-reward halving has financial experts and enthusiasts on the edge of their seats. With the event set to cut BTC’s per-block emission to just over 3 BTC, the crypto community watches, eagerly anticipating a repeat of past post-halving rallies. Goldman Sachs, however, urges caution, highlighting the variability of Bitcoin’s past and the unpredictable macroeconomic conditions. 2024 Bitcoin Halving: This Time Is Different Goldman Sachs’ advisory, circulated on April 12, hints that while historical data shows…

Bitcoin stands at the forefront, with its upcoming halving event sparking excitement and uncertainty among investors. As the countdown to Bitcoin’s fourth halving narrows to roughly three days, market dynamics have taken a tumultuous turn, with significant implications for the digital asset’s price trajectory. Deciphering BTC’s Halving Patterns: Insights Into Pre-Event Price Behaviour While the Bitcoin market has been on a decline over the past week, A CryptoQuant analyst has recently highlighted a recurring pattern in Bitcoin’s price dynamics observed…

The post History Repeating? Altcoin Market Hints at Massive Bull Run Soon, Claims Top Analyst appeared first on Coinpedia Fintech News Every dip and rise sets off a storm of speculation in the crypto world. Recently, respected analyst Mikybull Crypto has stirred excitement by suggesting that the recent dip in the altcoin market might be a sign of an upcoming surge. Let’s explore these insights to uncover what might be brewing in the crypto world. Altcoin Market Set to Explode?…

[PRESS RELEASE – INDIANAPOLIS, INDIANA, April 11th, 2024] Polkadot Community Fuels Groundbreaking Sports Sponsorship, Showcasing Blockchain’s Transformative Potential Marking a historic first in the sports world, the Polkadot community has used an on-chain community vote to select IndyCar racing star Conor Daly as Polkadot Brand Ambassador for the upcoming Indianapolis 500. This sponsorship represents the first time a major athlete’s sponsorship has been decided by a community vote using blockchain technology. Daly is one of the most beloved figures in…