Bitcoin’s Bumpy Journey: Is $100,000 a Speed Bump or a Springboard? According to Bloomberg analyst Mike McGlone, Bitcoin’s recent flirtation with the $100,000 mark may be little more than what he calls a “speed bump” before potentially retracing down to $56,000. While price volatility in the cryptocurrency market is nothing new, McGlone’s view is sparking…

Why Q4 Could Be Your Best Bet for Bitcoin: A Seasonal Bull Run Story If you’re feeling FOMO about missing out on this year’s crypto bull market, history may still be on your side. Data shows that since 2013, Bitcoin has closed Q4 in the green 8 times out of the last 10 years, making…

CryptoQuant Rings Alarm Bells: Is the Bitcoin Bear Market Back? The analysts at CryptoQuant have issued a strong warning for Bitcoin enthusiasts: the market is now “extremely bearish.” In their latest Asia Morning Briefing, CryptoQuant highlighted significant downward momentum for Bitcoin (BTC), sending shockwaves through the crypto community. What’s Powering This Bearish Sentiment? According to…

Bitcoin’s Wild Ride: Why the Recent Drop Isn’t Causing Crypto Panic The world’s favorite cryptocurrency, Bitcoin, is living up to its reputation for volatility. According to veteran Bloomberg analyst Mike McGlone, Bitcoin’s sharp tumble from near $100,000 down to $56,000 is just a “speed bump”—not a sign of impending doom. But here’s the twist: while…

The Federal Reserve Adopts Hawkish Stance Amid Rising Job Concerns The US Federal Reserve (Fed) is known for its far-reaching influence on the economy—and lately, it’s making headlines for its increasingly hawkish (aggressive stance on raising interest rates) policies. This shift comes as a major US employment metric signals trouble, stirring unease across traditional markets…

Bitcoin Bulls on the Defensive as ETF Outflows and Economic Jitters Escalate Bitcoin’s ambitious rally to $100,000 has hit a major speed bump as Bitcoin bulls are retreating. Mounting outflows from popular spot Bitcoin ETFs, disappointing corporate earnings, and a wave of macroeconomic uncertainty have combined to dampen enthusiasm, causing even seasoned traders to hesitate…

Someone Drained Your Crypto Exchange Account? Here’s What You Need to Do Next Imagine logging into your favorite crypto exchange and realizing your digital assets have vanished overnight. It’s a nightmare scenario that hits investors of all experience levels—one that’s becoming all too common in today’s high-stakes world of cryptocurrency trading. If your account’s been…

Jefferies Praises MARA’s Earnings — Warns of Bitcoin Mining Barriers Ahead Wall Street investment firm Jefferies has delivered its latest quarterly review on Marathon Digital Holdings (MARA), one of the world’s largest publicly traded Bitcoin mining companies. According to their analysis (source), MARA has posted a strong performance this quarter, thanks to favorable bitcoin price…

Robinhood’s Crypto Earnings Triple in Q3, Beating Wall Street Estimates Robinhood Markets stunned analysts this quarter, with its crypto revenue soaring by over 300% in Q3 2023. This unprecedented jump helped the popular trading app double its total revenue compared to last year, according to a report from Cointelegraph. What’s Fuelling the Surge? In a…

TON Takes a Hit, Falling to $1.93 as Bitcoin Maintains Its Edge The Telegram Open Network (TON) token, linked to the popular messaging app Telegram, dropped sharply to $1.93 today. This dip comes as part of a broader risk-off trend in the cryptocurrency market, where alternative coins (altcoins) are lagging behind the stalwart, Bitcoin—the original…