Factors Influencing Bitcoin Price Movement and Price Prediction

As an analyst with a background in finance and experience in following the cryptocurrency market closely, I believe that the potential for Bitcoin to reach prices above $250,000 by 2024 is not far-fetched but rather dependent on several key factors. Despite the volatile swings in Bitcoin‘s price, sparking interest among investors, some predict that the … Read more

Ethereum addresses rise, pushing ETH back to $3K – What’s next?

Ethereum saw close to 350 new addresses in the last three days. ETH volume has climbed over $13 billion. As a researcher with extensive experience in the cryptocurrency market, I’ve been closely monitoring Ethereum [ETH] and its recent developments. The surge in new addresses and increased volume are noteworthy indicators of potential growth. I’ve observed … Read more

Nigerian officials proposed secret crypto settlement, claims Binance CEO

As a researcher with experience in investigating financial crimes and regulatory issues, I find the developments regarding Binance’s interactions with Nigerian officials deeply concerning. The allegations that Nigerian authorities attempted to coerce Binance representatives into a secret settlement paid in cryptocurrency during meetings in early 2024 are serious and warrant further investigation. Recent information uncovered … Read more

Nigeria to ban peer-to-peer crypto trading in naira

As an analyst with a background in financial regulation and experience living in West Africa, I find the latest developments in Nigeria’s cryptocurrency landscape both intriguing and concerning. The Nigerian Securities and Exchange Commission (SEC) aiming to ban peer-to-peer (P2P) cryptocurrency exchanges using the local currency seems like a step towards better regulation of the … Read more

Bitcoin trader flags key levels as BTC price attacks $64K liquidity

As a seasoned analyst with extensive experience in the cryptocurrency market, I’ve witnessed firsthand how Bitcoin (BTC) continues to defy expectations and deliver jaw-dropping price swings. The latest surge above $64,000 on May 7 is just another testament to this volatility. On May 7, Bitcoin’s price surpassed $64,000 once more as traders extracted funds from … Read more

Starknet Foundation launches $5 million grants program

As an analyst with a background in blockchain technology and experience in grant programs, I am thrilled about the Starknet Foundation’s new $5 million Seed Grants Program. This initiative comes at an opportune time for the Starknet ecosystem, which has seen a significant increase in developer activity and interest. The Starknet Foundation unveiled a fresh … Read more