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...
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...
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...
Sure, the entire crypto market is in recession mode these days. As an experienced crypto analyst Arjun Patel points out, pay attention because opposite trends are developing just below the surface. Some altcoins are making a stand against the prevailing tide, and the NFT space is showing unexpected strength. This...
We know the world of cryptocurrency is a fast-paced environment and unpredictable swipe feature can change everything. According to a recent report from Chainalysis, two of the largest sectors within crypto—Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs)—exhibited divergent directions. DeFi, the intention of which is to remake all the same...
When El Salvador adopted Bitcoin as legal tender in 2021, it made history. It cemented the country’s image as a trailblazer in integrating cryptocurrency into its financial system. This bold step, led by President Nayib Bukele, aimed to modernize El Salvador, attract foreign investment, and reduce reliance on the U.S....