Veteran trader Peter Brandt recently raised concerns about Bitcoin potentially dropping to as low as $44,000. Brandt based this prediction on a technical indicator that suggested a bearish outlook for the flagship cryptocurrency. He highlighted the possibility of Bitcoin experiencing a severe reversal to the downside if it has indeed completed a double top pattern.
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The beginning of July has not been the ideal start for the Bitcoin and crypto market, contrary to earlier expectations. Various events have occurred that have shaken the market dynamics. One such event is the delay in the debut of Spot Ethereum ETFs on July 2nd. Additionally, reports have surfaced that the US and German
Messari, a prominent US-based cryptocurrency market intelligence platform, recently made headlines by announcing its independence from the Securities and Exchange Commission (SEC). The CEO of Messari, Ryan Selkis, boldly stated, “I’ve declared independence from the SEC and its corrupt Chair Gary Gensler. In the months ahead, Messari will be operationalizing a war against this illegitimate
Aayush Jindal is a shining star in the realm of financial markets, with an impressive career spanning over 15 years in Forex and cryptocurrency trading. Renowned for his exceptional skills in technical analysis, Aayush has earned a reputation as a trusted advisor and senior market expert, guiding investors worldwide with his keen insights and astute
Despite some initial hopes for a recovery, Ethereum’s price has remained stagnant below the $3,150 zone. The bears seem to be in control once again as ETH is on the path to potentially drop below $2,800. The recent decline saw Ethereum struggling to break above key resistance levels, with the price trading below $3,000 and
Semilore Faleti, a cryptocurrency writer, started his career by delving into various subjects. However, it wasn’t long before he discovered his passion for unpacking the complexities of blockchains and cryptocurrency. His early years were dedicated to honing his skills as a content writer, crafting educational pieces that catered to both newbies and veteran crypto users.
Opeyemi is a writer deeply immersed in the world of cryptocurrency. Despite not originally choosing the digital asset industry, he has been captivated by it for over two years now. Opeyemi is known for his ability to create informative pieces that demystify the complexities of blockchain technology and provide valuable insights into the ever-changing landscape
Bitcoin has been on a rollercoaster ride recently, with its price fluctuating between $54,000 and $56,000 in just a few hours. This sudden drop below $54,000 on July 5 serves as a stark reminder to investors of the extreme volatility associated with the cryptocurrency market. In the last seven days alone, Bitcoin has seen a
The deputy director of the Central Bank of Nigeria (CBN), Olubukola Akinwumi, recently accused Binance of engaging in transactions that are typically reserved for authorized banks and financial institutions. This accusation came to light during Akinwumi’s testimony in a lawsuit brought forward by the Economic and Financial Crimes Commission (EFCC) against Binance and its executive,
Growing up in Edo State, Nigeria, with my three siblings has shaped me into the person I am today. My parents have been my unwavering support system, guiding me through life’s ups and downs. Their love and encouragement have provided me with a sense of safety and security that I cherish deeply. Three years ago,
