In the past month, Bitcoin’s price has experienced a significant decline, leaving many investors feeling disappointed. The cryptocurrency struggled to maintain its value, even dropping below the $60,000 mark. As we move into July, crypto analyst Zen has highlighted key liquidity pools that may play a crucial role in determining Bitcoin’s price trajectory in the
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Opeyemi is a dedicated writer with a passion for the dynamic world of cryptocurrency. Despite not initially choosing the digital asset industry, he has become deeply engrossed in it for over two years. He takes pride in crafting insightful pieces that demystify the complexities of blockchain technology and offer valuable insights into the ever-evolving crypto
A well-known crypto expert has recently made bold predictions regarding a potential bullish reversal in the price of Bitcoin. This expert, Willy Woo, has suggested that Bitcoin may have hit a bottom, leading to a period of market stabilization after a prolonged downturn. One of the key indicators mentioned by the analyst is miner capitulation,
Economist Timothy Peterson recently commented on the US Supreme Court’s decision to overturn the Chevron doctrine and its potential impact on the SEC’s regulation of cryptocurrencies. The Chevron doctrine, established in a 1984 case, determined when federal courts should defer to agency interpretations of laws. According to Peterson, this decision could significantly change the SEC’s
Bitcoin has recently faced a major setback after being rejected at $62,000. This rejection has sparked conflicting sentiments among investors, with the bulls and bears currently in a fierce battle. While the bulls remain optimistic about the future of Bitcoin, the bears have emerged from hiding, suggesting that the price could potentially drop even further.
Recently, Kraken founder Jesse Powell made headlines by donating $1 million, primarily in Ethereum, to support former President Donald Trump’s re-election bid. Powell justified his donation by stating that it was essential for the US to maintain its leadership in blockchain technology. He expressed his excitement in rallying behind the only pro-crypto major party candidate
Aayush Jindal is a prominent figure in the financial markets, with a career spanning over 15 years in Forex and cryptocurrency trading. His expertise in providing technical analysis to investors worldwide has set him apart as a trusted advisor and senior market expert. From a young age, Aayush demonstrated a natural talent for deciphering complex
Keisha Lance Bottoms, who is set to become Joe Biden’s senior campaign adviser, recently spoke out about the bipartisan nature of the crypto industry. She stressed that crypto is not a political issue but rather a unifying force that has garnered support from both sides of the aisle. According to Bottoms, crypto has captured the
Bitcoin continues to face challenges in breaking above the key resistance level of $62,400. Despite trading above $61,500 and the 100 hourly Simple Moving Average, the price is struggling to make a significant move upwards. There was a recent break above a major bearish trend line with resistance at $61,250 on the hourly chart of
Aayush Jindal, a prominent figure in the financial markets, has been a beacon of excellence in Forex and cryptocurrency trading for over 15 years. His journey began with a natural talent for deciphering complex systems and patterns from a young age. This innate curiosity and aptitude for understanding market dynamics laid the foundation for his