Trump Meme Coin Faces Criticism, But Cathie Wood Sees A Bold Future

After receiving a considerable backlash in the market recently, US President Donald Trump’s meme coin found an unlikely ally: Ark Investment’s CEO Cathie Wood. In an interview with Bloomberg, Cathie Wood boldly claimed that launching Trump’s meme coin is good for the industry and signals a paradigm shift. Wood claimed its launch was a “meme… Continue reading Trump Meme Coin Faces Criticism, But Cathie Wood Sees A Bold Future

Bitcoin Price Crash To $91,000 Termed Major ‘Bear Trap’ As Optimism Returns To The Market

Crypto analyst Merlijn has described the Bitcoin price crash to $91,000 as a major bear trap as optimism returns to the market. The flagship crypto had dropped to this level following a wave of weekend sell-offs but has since recovered above the psychological $100,000 level.  Bitcoin Price Crash To $91,000 Termed “Biggest Bear Trap” In… Continue reading Bitcoin Price Crash To $91,000 Termed Major ‘Bear Trap’ As Optimism Returns To The Market

Bitcoin $100K Breakdown Spells Trouble For Short-Term Investors—Study

The recent price slump in Bitcoin, caused by a turbulent cryptocurrency market, has sent many investors into panic mode, forcing them to offload their BTC holdings at a loss. However, blockchain analytics firm Glassnode noted that a group of Bitcoin investors remained resilient despite the crypto market volatility, saying that long-term holders of the firstborn… Continue reading Bitcoin $100K Breakdown Spells Trouble For Short-Term Investors—Study

Bitcoin 4-Hour RSI Hits Oversold Zone – Is A BTC Rebound Near?

Bitcoin (BTC) has had a volatile 24 hours, plunging from $99,500 to as low as $91,231 amid mounting concerns over impending US trade tariffs on Canada, Mexico, and China. However, some crypto analysts see this sharp decline as a buying opportunity, suggesting that BTC may be oversold and poised for a rebound. Is Bitcoin Poised… Continue reading Bitcoin 4-Hour RSI Hits Oversold Zone – Is A BTC Rebound Near?

Bitcoin Market Performance Shows Signs of Distribution Cycle, Analyst Reveals

Bitcoin market activity over the past day has been marked by turbulence, with its value falling to as low as $90,000 levels earlier today before rebounding to just above $94,000. Despite this partial recovery, the cryptocurrency remains down 5.8% over the past week and more than 13% below its all-time high of $109,000, reached in… Continue reading Bitcoin Market Performance Shows Signs of Distribution Cycle, Analyst Reveals

Solana (SOL) $200 Level Recovery Looks ‘Very Solid’, Is The Bleeding Over?

As most of the crypto market remains in red, Solana (SOL) has started to recover from the market’s sharp correction. The cryptocurrency’s price has surged 7.5% in the last 24 hours, recovering from its three-week low and leading some analysts to suggest the bleeding might be over. Solana Falls To Three-Week Low Over the weekend,… Continue reading Solana (SOL) $200 Level Recovery Looks ‘Very Solid’, Is The Bleeding Over?

Crypto Liquidations Cross $2.22 Billion, Here’s How Much Dogecoin Traders Lost

The entire cryptocurrency market has experienced a steep decline over the past 24 hours, with its total market cap plunging by double digits following a barrage of volatile price swings. Unsurprisingly, this sharp downturn has led to widespread liquidations among multiple assets within the past trading day. Notably, this wave of liquidations has led to… Continue reading Crypto Liquidations Cross $2.22 Billion, Here’s How Much Dogecoin Traders Lost

Crypto Traders Wrecked As Trump’s Tariffs Spark $2 Billion Liquidation

As February began, crypto investors found themselves inside a turbulent market after the digital asset space went crashing down, leading to more than $2 billion in crypto liquidations and Bitcoin price plunged near the $90,000 mark.  Analysts attributed the current turmoil in the cryptocurrency sector to the new tariffs imposed by President Donald Trump on… Continue reading Crypto Traders Wrecked As Trump’s Tariffs Spark $2 Billion Liquidation

Bitcoin Open Interest Crashes By $4.5 Billion In One Weekend, Spells Doom For Bulls

Bitcoin open interest crashed by billions in one weekend, painting a bearish outlook for the flagship crypto and spells doom for BTC bulls. Despite this setback, crypto analysts have provided some optimism with their analysis, which hints at a bullish reversal soon enough.  Bitcoin’s Open Interest Crashes By $4.5 Billion Over The Weekend Coinglass data… Continue reading Bitcoin Open Interest Crashes By $4.5 Billion In One Weekend, Spells Doom For Bulls

Bitcoin Traders Fearful For First Time Since October: Buying Signal?

Data shows the sentiment among Bitcoin traders has plunged into the fear territory following the crash in the cryptocurrency’s price. Bitcoin Fear & Greed Index Has Plummeted During The Past Day The “Fear & Greed Index” refers to an indicator devised by Alternative that tells us about the average sentiment that’s currently present in the… Continue reading Bitcoin Traders Fearful For First Time Since October: Buying Signal?