Semilore Faleti is a cryptocurrency writer who has delved deep into the world of blockchains and digital assets. With a focus on journalism and content creation, Semilore has dedicated himself to unraveling the complexities and intricacies of the crypto space. His passion for the efficiency of digital assets in storing and transferring value has driven
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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
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,
Cardano (ADA) is currently facing a decline in its price, as it nears the crucial support level of $0.3389. The overall cryptocurrency market has been experiencing bearish pressure, impacting ADA as well. This downward trend is influenced by various factors including macroeconomic conditions, market sentiment, and technical indicators signaling weakness in the market. It is
The XRP price is currently forming a triangle structure on its chart, indicating a possible impending rally. This formation has been historically significant, as it led to a major rally seven years ago. The triangle formation is marked by bullish indicators such as the price closing below its 1W MA50 and 1W MA200. While this
Nigeria’s Securities and Exchange Commission (SEC) has recently issued a 30-day ultimatum for crypto exchanges and digital asset traders to re-register their businesses. This ultimatum is part of the Accelerated Regulatory Incubation Program (ARIP) for Virtual Assets Service Providers (VASPs) initiated by the SEC. Despite facing challenges such as a two-year ban on banks facilitating
Bitcoin has recently encountered a significant rejection at the $62,498 resistance level, which has emphasized the prevailing bearish sentiment in the market. This failure to surpass this critical threshold highlights the robust selling pressure that Bitcoin is currently facing, leading to concerns about potential downward trends. Traders and investors are now urged to approach the
As Bitcoin, the primary cryptocurrency in the market, navigates through a critical juncture, investors and analysts are divided on its future trajectory. Despite a strong performance in the first half of 2024, with a notable surge past the $71,000 mark, Bitcoin has hit a roadblock and is currently in the $61,000 support zone. This dip
The once roaring crypto market now finds itself in a state of retreat, with Bitcoin taking center stage in the downturn. From reaching unprecedented highs earlier in the year to plummeting to new lows, the journey of Bitcoin has been nothing short of tumultuous. A recent report by CoinShares revealed a significant outflow of $630