On March 25, IMX, the token associated with crypto gaming platform Immutable, jumped more than 15%. It got as high as almost $0.74 at the peak of this spectacular run. All this growth came just a week or two after Immutable’s announcement that the SEC had finished its inquiry and...
Ether is on track to have its worst Q1 since 2018. This bearish move has sent XEN to its lowest ETH/BTC ratio since May 2020. The overall cryptocurrency market was in a downtrend since the beginning of the year. Even with this bear market, many cryptocurrency observers are bullish on...
Bitcoin now stands at a historic crossroads. This price is right around the cost basis for short-term whales and hyperactive addresses. When looking at Bitcoin’s position locally/historically, there are high odds at a major rally. Stay tuned for more thrilling news in the next few months! Notable levels like this...
Bitcoin made an intraday high of $88,752 on March 24 only to find itself unable to make a clear higher high since that date. Per IntoTheBlock’s latest analysis, this could be the result of Bitcoin whales opening up short positions at the $88,000 price mark, blocking any more upward momentum....
Additionally, fellow Ethereum competitor Cardano (ADA) has been making gains to recover footing above $1. Its success depends on a complex and fluid approach. The Cardano Foundation's stewardship of network governance, coupled with strategic support for use cases aligned with Cardano's core tenets of scalability and decentralization, are critical factors....
The cryptocurrency market is still changing quickly. Altcoins battle one another for attention and dominance, as they always have, even as Bitcoin continues to ooze influence and as new fintech handiworks enter the marketplace. The approval of spot Bitcoin ETFs unleashed a monster wave of inflows. Despite the bullish arrival...
Bitcoin (BTC) kicked off the week on a good note, touching daily high of $88,804 as bullish momentum continued to carry the market higher. The Coinbase premium is returning with a vengeance. Simultaneously, strong net inflows into (spot) Bitcoin ETFs indicate that investor sentiment is booming. This bullish trend has...
Abracadabra.Money, a popular decentralized finance (DeFi) platform, suffered a security breach leading to $13 million in losses. While the GMX community is understandably shaken at the news of the exploit, they should have no fear. It included Magic Internet Money (MIM) pools powered by the use of GM tokens, which...
Bitcoin (BTC) blasted through $88,000 just after the Wall Street open on March 25. This spike was largely driven by the market’s response to US trade tariffs hitting risk assets. The cryptocurrency’s performance is now under scrutiny amid potential market manipulation and a major resistance level. The market is showing...
Ethereum's transition to proof-of-stake (PoS) has led to unexpected consequences, as the network's supply has surpassed pre-Merge levels amid all-time low transaction fees. This move ends the deflationary period that began after the merge in September 2022. As network activity is trending down, supply growth is making a comeback. All...
We hear about it constantly. Famed for it being a leading indicator of economic prosperity, a weather vane on the roof of our national wallet. But is it really the gold standard, best measure ever, metrics by which all other metrics should be judged? As a journalist who has spent...
OverTraders.com just published a great in-depth Ethereum PoS vs Other Major Crypto PoS Models article. This side-by-side rundown helps shed light on the merits and demerits of each in different situations, providing critical information for traders and investors alike. Understanding Bitcoin and Ethereum To understand the nuances between different consensus...
The digital world is the new great power arena, and America’s technological dominance is being threatened. China’s acceleration to establish itself as a technology superpower arguably presents the most consequential challenge. To remain secure and keep America first in innovation, the United States needs an urgent and fundamental recalibration of...
Meanwhile on Ethereum, the second largest blockchain behind Bitcoin has successfully merged to a Proof of Stake (PoS) consensus mechanism. This event — dubbed “The Merge” — was widely viewed as the biggest transition in crypto history. This transformation has enabled greater energy efficiency and scalability, as well as a...
Alright, let’s get into electric vehicles. We’re not just driving change for cars, we’re driving huge improvements for the future of all transportation and it’s electrifying — in every sense of the word! For years, Tesla has been the undisputed king of the EV hill, but there's a new contender...
The electric vehicle (EV) market sure is hot right now, ain’t it? It seems like every two weeks there’s another headline proclaiming that some new company is poised to dethrone Tesla. And these days, the name on everyone’s lips is BYD. They’re moving cars off the lot faster than hotcakes,...
Yet I acknowledge the intrigue of Bitcoin is. Instantaneously, investors around the globe have been mesmerized by digital gold rushes. Many analysts out there are confidently calling a 75% probability of hitting new all-time highs! The technology behind decentralized finance and the possibilities it has are extremely exciting. I confess,...
We are passionate about opening up the world of trading and investing to everyone through in-depth analysis of financial markets at OverTraders.com. This article will take a look at the methods that analysts are employing to predict the price of Bitcoin. It looks at the dependability of these prophecies and...