Bitcoin’s recent price correction to fill a CME futures gap has produced quite a stir in the cryptocurrency market. Don’t get the wrong idea — investor confidence is through the roof. The high comes when bitcoin’s price has retraced back to the ~$112,000 range, closing a full gap in CME...
Bitcoin’s recent drop made major waves across the entire crypto market. Eleanor Brooks, a veteran blockchain researcher, is exploring the potential effects of this Bitcoin push. She reveals the meme coins most poised to explode and why. Focusing on the strength of community, utility and market resilience, this analysis offers...
Bitcoin’s recent advance above $115,000 has opened the floodgates of enthusiasm and wishing in the cryptosphere. This price action is, without a doubt, contiguous and inspiring lovely! Experienced analysts are warning to be careful as they point to technical indicators that show the bull run could be running out of...
In the fast-paced landscape of cryptocurrency trading, recognizing chart patterns is key to maximizing profit. Kwame Nkosi, a seasoned blockchain analyst, simplifies one such pattern: the inverted head and shoulders, known as the inverse head and shoulders pattern. This pattern is a bullish continuation signal suggesting a possible trend reversal....
The cryptocurrency market has undergone explosive growth across the globe and West Africa has been no different. Research from Chainalysis shows that the crypto market in West Africa—specifically Nigeria—has soared to an astounding $2.1 billion. This figure is not just an impressive, feel-good statistic. It is a good and overdue...
Like any other polarizing topic, the crypto space is rife with hot takes. When figures such as Eric Trump offer their unsolicited opinions, all ears perk up. Just last week, Eric Trump – co-founder and chief strategy officer of American Bitcoin – was at it again with his bullish Bitcoin...
Nigeria's Securities and Exchange Commission (SEC) is expressing concerns over the rising tide of suspicious cryptocurrency activities in West Africa. This worry comes just a few days after a report found that the area experienced $2.1 billion in suspicious crypto transactions in Q1 2024. To its credit, the SEC is...
Eric Trump, the executive vice president of The Trump Organization, has once again advised investors to accumulate Bitcoin and Ethereum as the market experiences a pullback. This recommendation follows up on a similar recommendation made in February. That initial guidance preceded a historic plunge in the worth of both cryptocurrencies.In...
After a brutal crypto market crash over the past weeks and days, investors are understandably concerned about what caused the market drop and where prices are headed next. Kwame Nkosi, writing for BlockchainShock, explores the factors driving this volatility, offering insights and actionable advice for navigating these turbulent times.Understanding the...
To the average investor, navigating the crypto market must feel like an exhilarating and, at times, terrifying thrill ride characterized by dramatic highs and gut-wrenching lows. Market downturns, commonly referred to as “dips,” are an expected occurrence within the crypto cycle. For sustained success over the long haul, it’s important...