So, Bitcoin's eyeing $90K again, huh? Everyone's buzzing about bullish engulfing candles and MA50 support holding strong, just like summer '24. Technical analysis is sexy again. The charts are telling you that it’s going up, and every trader on the delicate fence is looking for an entry point. But hold...
Ethereum, the former king of kings in the realm of smart contracts and dApps (decentralized applications), has been making major technical strides. Transaction speeds have increased dramatically, or in some cases transaction costs have decreased. These benefits are an outcome of the overall upgrades such as the Merge alongside the...
Each one brings its unique value, especially during times of economic uncertainty. After months of being beaten down, recent technical indicators hint that this dynamic may be about to change, with Bitcoin taking the lead versus gold. This piece dives into some important indicators that may be the first sign...
The numbers don't lie. Ethereum has evolved. Transaction fees are down – drastically. Speed is up. Energy consumption? Gutted. The market’s living as if it’s 2017, seized by the throes of sunk cost fallacy. It's baffling. It's infuriating. And frankly, it's an enormous opportunity… especially if you're looking at Southeast...
Bitcoin is setting up to outperform gold, analysis by Theya Research’s Joe Consorti suggests. This unusual bullish forecast comes on the heels of a trendline breakout and a recently confirmed golden crossover. At the same time, Monero (XMR) offers a positive picture following impressive recovering.Consorti’s analysis has shown that Bitcoin...
Specifically, XRP is flashing a bizarre bullish signal at the moment. This has sparked speculation of a repeat of its incredible boom, as in 2017. As pointed out by BlockchainShock.com, the cryptocurrency’s technical indicators are starting to line up with one another and in directions that could signal major upward...
For hundreds of years, gold has held the unquestioned title of the safe-haven asset. In periods of recession or uncertainty, Americans run to it. It's tangible. It's scarce. It's... well, it's gold. In recent years, there’s been a movement brewing under the radar. Bitcoin is starting to pick up, but...
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has started to perk up in recent weeks and is on the cusp of breaking out. Unlike other cryptocurrencies, investors and traders are sharply tuning into its price actions as it treks through significant resistance levels. In this article, we’ll take a...
You're seeing green, everyone's yelling about Bitcoin hitting $90,000, and the Google Trends search for "Bitcoin technical analysis" is probably through the roof. FOMO is a hell of a drug, and in crypto, it’s especially potent. Before you go and remortgage your home in anticipation, let’s pump the brakes a...
Bitcoin’s tumultuous path over the treacherous landscapes of the crypto world remains an alarming, yet fascinating reality for both traders and spectators. BlockchainShock is the place to go for intelligent market sentiment analysis. It provides in-depth technical analysis and pro coverage of the fast-changing digital asset environment. This article will...
The United States Senate recently convened a hearing on the growing universe of cryptocurrency. In doing so, they highlighted the desperate need for regulation in this emerging frontier. Here are some of the most important highlights that emerged through the conversations. They each noted the challenges, opportunities, and possible future...
The market of cryptocurrency day trading is a whirlwind, chaotic and always on the move. Quick reflexes, and even quicker algorithms. Thanks to new, advanced AI tools such as ChatGPT and Grok, traders are experiencing the most powerful insight and automation they’ve ever seen. Kwame Nkosi, a blockchain commentator, balances...
Let’s face it, the crypto community can’t resist an exciting hype train. Right now, the AI-powered trading locomotive is barreling down the tracks, with Grok and ChatGPT as its star conductors. Well before you decide to mortgage your home and give Uber all your assets, let’s slow down a moment...
You know, sometimes I feel like I'm watching a rerun of an old movie, only this time, it's playing out in the halls of Congress. The Senate Banking Committee’s recent hearing on the need for comprehensive crypto regulation. It was a bit like a Broadway show. Rather than earnestly seeking...
The recent Senate Banking Committee hearing on regulating the crypto space? If I’m being truthful, it was more like seeing a train wreck go down in slow motion. While senators debated the nuances of defining a digital asset – is it a security, a commodity, or something else entirely? –...
Forget about Wall Street, the exciting disruptor in crypto day trading is cooking up in the crowded streets of Southeast Asia. I'm not talking about hedge fund managers with Bloomberg terminals; I'm talking about the everyday person – the small business owner in Jakarta, the student in Kuala Lumpur, the...
AI tools such as Grok are quickly becoming indispensable tools for crypto traders. They serve as a guide for traders to understand the volatility and nuances of the market. These platforms help traders cut through the noise, gain early sentiment alerts, and make informed decisions faster in the 24/7 world...
The cryptocurrency market is a bigger, hotter and noisier world right now. As per CoinMarketCap data, its aggregate market value has skyrocketed to around $3.67 trillion. Much of this increase is driven by optimism on policy shifts and significant spot ETF inflows. Bitcoin, the largest cryptocurrency, has jumped close to...