This text appears to be a summary of recent news and market analysis related to Bitcoin (BTC) and the cryptocurrency markets. Here are some key takeaways: Bitcoin (BTC) starts a new week with bullish sentiment back on the radar as $64,000 returns. As a crypto investor, I’m thrilled to see Bitcoin’s price surge past its … Read more
As an experienced financial analyst, I have closely monitored the Bitcoin mining industry and its revenue trends. The recent Bitcoin halving event, which took place on May 11, led to a significant reduction in mining rewards from 6.25 BTC per block to 3.125 BTC. While some initial hype around the event temporarily sustained miners’ daily … Read more
The Elliot Wave showed that ADA had slipped below the crucial support. Signals from the liquidation levels and OI predicted a decrease to $0.42. As a researcher with experience in analyzing cryptocurrencies, I believe that based on the information provided by More Crypto Online and my own analysis, there is a strong possibility that Cardano’s … Read more
As a crypto investor and tech enthusiast with a keen interest in decentralized social media platforms, I’ve been closely following the developments surrounding Jack Dorsey’s exit from Bluesky’s board. Dorsey, a co-founder of Twitter and an early backer of Bluesky, announced his departure hours before confirming he was no longer on the project’s board in … Read more
As a researcher with a background in fintech and digital currencies, I find the exclusion of crypto assets from South Korea’s updated donation legislation disappointing. The country is known for its tech-savvy population and high adoption rates of digital currencies such as Bitcoin (BTC). Allowing charities to accept donations in cryptocurrencies would not only modernize … Read more
Traders reduced their amount of leverage as BTC prices stabilized. Holders remained unprofitable despite the price appreciation. As a seasoned crypto investor with a few bear market experiences under my belt, I find the recent stability in Bitcoin’s price and the signs of decreased leverage in the derivatives market encouraging. The significant reset in Funding … Read more