The cryptocurrency world is abuzz as Bitcoin recently climbed to $87,200 — a three-year high. This spectacular rally is occurring concurrently with acute weakness in the U.S. dollar. This new trend has triggered a flurry of activity and debate about the reasons behind these market forces. One major piece that’s...
Bitcoin has soared thus far on Monday, leading the charge against alternative cryptocurrencies. This rally took place while the dollar index fell to a three-year low. So it’s no surprise that reports have former President Donald Trump considering firing Federal Reserve Chairman Jerome Powell. This troubling news has brought the...
New and exciting developments continue to unfold within the cryptocurrency market, as new altcoins such as TRUMP and SUI have kicked off an impressive summer rally. These digital assets have seen tremendous growth, leading many to speculate that we are on the verge of a shift in crypto market dominance....
The cryptocurrency market is a circus of speculation and promise, and XRP certainly isn’t immune to this trend. Recently this new ambitious price target of $6.50 has been going around, causing excitement and skepticism among early stage investors alike. BlockchainShock dives into the technical indicators and expert opinions that are...
The crypto market is infamous for its volatility and whipsaw price movements, leaving investors feeling confused and overwhelmed. Technical analysis tools and theories can be helpful in identifying the conditions that lead one price action versus another direction. One such theory is the Elliott Wave Principle, which analysts are using...
The cryptocurrency market is abuzz with excitement, and XRP is the talk of the town. Several factors are converging, leading many to believe that XRP could be on the verge of a significant breakout, potentially reaching a price target of $3. BlockchainShock breaks down the key elements driving this optimistic...
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...
The crypto market is extremely fast paced. Yet, in the course of a single blink, millions can be made or lost. Cardano (ADA) and Solana (SOL) have really been fuelling that recent momentum. This trend indicates the potential for big capital inflows over the next year. Most of the buzz...
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...
The new world of cryptocurrency never fails to amaze us. Perhaps the most stunning phenomenon has been the emergence of meme coins. Image courtesy of The Mosquito Collective. What first began as memes on the internet have developed into legitimate investment vehicles, now offering real potential and risk, of course,...