Pompliano explains BTC’s recent drop is normal, highlighting profit-taking and seasonal trends. He predicts a bullish future for Bitcoin coupled with the power of AI. As an experienced financial analyst, I believe that the recent drop in Bitcoin’s price is a normal occurrence in the market. Profit-taking and seasonal trends are significant factors contributing to … Read more
This text discusses various aspects of Monero mining, including mining using GUI vs. CLI, pool mining, hardware mining, benefits and drawbacks, storing mined Monero, and alternatives to mining. It also includes a FAQ section on mining Monero. The text aims to provide readers with comprehensive information on Monero mining and help them make informed decisions. … Read more
Negative sentiment in the market caused the increase in outflows from BTC and ETH. Projected distribution by a defunct exchanges puts the cryptos at risk of another decline As a researcher with experience in the cryptocurrency market, I’m concerned about the recent trend of outflows from Bitcoin and Ethereum. The negative sentiment in the market … Read more
In summary, Bitcoin ETFs are exchange-traded funds that provide investors with exposure to Bitcoin through passive investments. They are traded on regulated stock exchanges and offer several advantages such as accessibility, no need for storage, and potential risk diversification. However, they also come with some disadvantages like higher fees, lack of ownership, and potential tracking … Read more
Analyst warns that ETH could dump to $2.4K after ETF launch Another market observer blamed macro conditions, BTC and SOL, for ETH’s negative sentiment. As a seasoned crypto investor with a few years under my belt, I’ve learned that the market is always unpredictable, and analysts’ opinions can vary greatly. In this case, the warnings … Read more
SHIB risks dropping to $0.000014 as a lot of addresses keep selling some of their holdings. Activity on Shiba Inu dropped even as the network became overvalued. As an experienced analyst, I’ve closely monitored the Shiba Inu (SHIB) market and based on the latest on-chain data, I have concerns about its near-term price performance. The … Read more