cryptocurrency

Bitcoin Surges Past $86,000, Analysts Eye $90,000 Retest

Bitcoin Surges Past $86,000, Analysts Eye $90,000 Retest

BTC’s price bullishly closes above a 3-month-long bearish trendline and continues its strong upward trajectory on the weekly timeframe. This crypto surge caused the price to break above $86,000, prompting analysts to expect a forthcoming retest of the $90,000 level. From the bulls’ perspective, technical indicators and market trends indicate...

Bitcoin's Overbought? 3 Sobering Truths Experts Aren't Telling You

Bitcoin's Overbought? 3 Sobering Truths Experts Aren't Telling You

You're seeing the headlines. Bitcoin’s going through the roof, Ethereum’s skyrocketing, and all these AI tokens are getting sent to the moon. Now everybody’s quickly predicting huge increases, a new bull market and easy money. But hold on—before going all in, let’s pump the brakes. In this post, I would...

XRP's 958% Rally is Back? One Chart Says Yes, But...

XRP's 958% Rally is Back? One Chart Says Yes, But...

That's right, another XRP surge. You've probably seen the headlines: XRP pumped, analysts are bullish, $10, $20, even $45 price targets are being thrown around like confetti. And then there's that juicy 958% rally from 2017 that everyone's drooling over, hoping for a repeat. And of course, the chart gurus...

Bitcoin's $90K Target: Technicals Meet Real-World Risks

Bitcoin's $90K Target: Technicals Meet Real-World Risks

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's Faster & Cheaper: Why Isn't the Market Reacting?

Ethereum's Faster & Cheaper: Why Isn't the Market Reacting?

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...

Bitcoin vs. Gold: Is BTC Ready to Outshine the Yellow Metal?

Bitcoin vs. Gold: Is BTC Ready to Outshine the Yellow Metal?

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...

Ethereum's Speed Boost: Why Aren't Investors Seeing the Future?

Ethereum's Speed Boost: Why Aren't Investors Seeing the Future?

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 Set to Outshine Gold as Trendline Breaks, Monero Flashes Bullish Signals

Bitcoin Set to Outshine Gold as Trendline Breaks, Monero Flashes Bullish Signals

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...

XRP's Rare Bullish Signal: Is a 958% Rally on the Horizon?

XRP's Rare Bullish Signal: Is a 958% Rally on the Horizon?

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...

Bitcoin's Gold Gambit: Is This the End of Central Bank Dominance?

Bitcoin's Gold Gambit: Is This the End of Central Bank Dominance?

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...

XDX Presale Frenzy: 20% Gone in 24 Hours! Is This the Next XRP Gem?

The crypto community can’t stop talking about XenDex ($XDX), a new decentralized finance (DeFi) project developed on the XRP Ledger. And indeed, its presale has absolutely sparked a huge demand, with 20% of the total tokens already sold within only the first day! This rapid uptake has led many to...

7 Reasons Wall Street Is Finally Embracing Crypto (You Won't Believe #4!)

Wall Street finally getting it. I've been saying it for years, and now the big boys are starting to see what we early adopters knew all along: crypto isn't going anywhere. In reality, it’s becoming an important disruptive force that’s changing the whole financial services ecosystem as we know it,...

TRUMP and SUI Moonshot Madness – Southeast Asia's Next Crypto Craze?

Forget Wall Street. Forget Silicon Valley. If you’re curious about where the real crypto action is happening, look no further than Southeast Asia. It’s cooler, crazier, kookier, and quirkier than you think! You think Bitcoin hitting $95,000 is exciting? That's old news. We're talking TRUMP tokens and SUI, baby. And...

KYC in Crypto: Must-Do or Privacy Killer?

The debate over Know Your Customer (KYC) in the crypto space is a tangled one. It juxtaposes the need for safety and regulatory adherence against the fundamentals of privacy and decentralization that underlie Web3. For many crypto enthusiasts, these principles are nearly sacred. With BlockchainShock, our goal is to help...

5 Reasons Why Crypto KYC is Killing Southeast Asia's Innovation

KYC in crypto? It’s not all it’s cracked up to be and certainly not the silver bullet everybody thinks it is. In Southeast Asia there’s an innovation killer that is both lurking and grossly underestimated. Perhaps worse, it gradually throttles the promise of a nation poised to lead the next...

The Uncomfortable Truth About Crypto KYC: It's Not Enough

KYC of course is widely touted in crypto as the cure to fraud and money laundering. The harsh reality is it’s usually not adequate, and at times it actually exacerbates the problem. We're essentially applying a band-aid to a gaping wound and pretending we've solved the problem. Imagine it like...

Crypto Stocks to Watch Now: Beyond Bitcoin Buzz (April 2024)

With the cryptocurrency market being one of the most dynamic and fastest-growing sectors, investors have a wealth of exciting opportunities, but face noteworthy risks. Bitcoin still reigns supreme over the rest of the cryptocurrency market. In the background, a host of other cryptocurrencies—often referred to as “altcoins”—are attempting to garner...

5 Crypto Stocks That Could Ignite Southeast Asia's Tech Boom!

Southeast Asia is buzzing. A young, digitally native population, skyrocketing internet penetration, and a thirst for financial innovation are creating the perfect storm for a tech explosion. And guess what? The fuse is already lit. I’m not only referring to e-commerce or ride-hailing apps. I'm talking about something far more...