Miles Deutscher (631,000 followers on X) believes the crypto market is approaching a confluence of catalysts it has never enjoyed at this scale. In a thread posted on X in the early hours of August 12, the analyst wrote, “The stage is set for crypto’s biggest bull run ever,” arguing that the industry is facing…
Strategy, a publicly traded American company co-founded by Michael Saylor, is making headlines as rumors swirl about its massive $46 billion BTC stash being used as a potential backdoor for a US strategic Bitcoin reserve. The speculation arose after a crypto analyst claimed that Tom Lee, a well-known financial analyst and Wall Street strategist, suggested…
Bitcoin’s famously noted four-year cycle, previously tied to its halving occurrences, could be losing prime market driver status, according to some top experts. For decades, the halving—a built-in reduction of miner compensation every four years—had been preceded by sharp spikes and precipitous drops in price. Now, however, the market is more subject to the influence…
This current bull market cycle has seen a remarkable adoption from Bitcoin investors, especially at the institutional level, which has significantly contributed to its sharp rally towards a new all-time high. Despite trending near its new all-time high, big institutions do not seem to be slowing down in their purchase of the crypto king. One…
In a recent post, CRYPTOWZRD highlighted that XRP ended the session on a bearish note as XRPBTC slipped in response to a rise in Bitcoin Dominance (BTC.D). However, the analyst anticipates a swift recovery rally from XRP, potentially setting the stage for the next trading opportunity in the near term. Bitcoin’s Strength Dictates XRP Price…
Bitcoin is once again at the center of market attention, trading at critical price levels after a 9% surge since the start of August pushed it to just below its $123,000 all-time high. The rally has reignited the bull-vs-bear debate, with analysts split on where BTC heads next. Some believe the momentum will be enough…
The crypto market is down today, with about 10 coins staying in green over the past 24 hours. In this time, the cryptocurrency market capitalization has decreased by 2.5%, now standing at $4.04 trillion. At the same time, the total crypto trading volume is at $168 billion. TLDR: Crypto market shifted gears, with most of…
Bitcoin is trading near $118,500 on Tuesday, easing from last week’s $122,000 peak. Even with the pullback, the surge was enough to push the total cryptocurrency market capitalization above $4 trillion for the first time. A major driver remains Michael Saylor’s Strategy. Last week, the firm acquired another 155 BTC for $18 million at an…
Over the years, a number of indicators have emerged that have been able to predict the Bitcoin and crypto market top. In recent times, there are a total of 30 of these indicators that are being tracked on the Coinglass website to see when they would be triggered. Interestingly, none of these 30 indicators have been…
Michael Saylor’s Strategy has announced a fresh expansion of its Bitcoin treasury, with another 155 BTC being added to its holdings. Strategy Has Completed Another Bitcoin Acquisition In a new post on X, Strategy co-founder and chairman Michael Saylor has revealed the latest purchase completed by the company. The buy, involving a sum of 155…