marketanalysis

Bitcoin Dominance Faces Key Test, Hinting at Potential Altcoin Rally

Bitcoin Dominance Faces Key Test, Hinting at Potential Altcoin Rally

Bitcoin dominance approaches a key historic resistance level, igniting hope that an epic BTC to altcoin capitulation will soon be underway into the next altcoin season. The weekly candlestick chart shows how much of a turning point this is. It’s a sign that a turning point in market dynamics could...

Bitcoin Booms! Why BTC Just Surged Past $87,000 (And What's Next)

Bitcoin Booms! Why BTC Just Surged Past $87,000 (And What's Next)

Bitcoin has once again made headlines, searching the $87,000 barrier and capturing the eyes of institutional investors and enthusiasts. This astounding run comes on the heels of a significant correction that dropped values to near $74,000 earlier in the month. BlockchainShock’s analysis shows that a tidal wave is in progress....

Bitcoin Panic: Is the Recession Here? What's Next?

Bitcoin Panic: Is the Recession Here? What's Next?

As you might have heard, the crypto-market is experiencing a topsy-turvy time period. Subdued expectations have weighed on cryptocurrency markets even as Bitcoin’s price swings wildly amid rising fears of a US recession. In this article, we’ll take a closer look at the circumstances that triggered Bitcoin’s sudden downturn. Alongside...

DOGE's Dogecoin Denial: 3 Red Flags for Crypto Investors

DOGE's Dogecoin Denial: 3 Red Flags for Crypto Investors

Elon Musk, Dogecoin, and the US government? It all just reads like a meme on the loose, and to be quite honest, that’s just what it is. The recent DOGE plunge with its Shiba Inu cameo came right under the public's radar. In short, Elon Musk’s denial of any Dogecoin...

8 Cryptos Set to Explode? Deep Dive Beyond the Hype

8 Cryptos Set to Explode? Deep Dive Beyond the Hype

The cryptocurrency market is known for its volatility and potential for high rewards, making it an attractive arena for investors. As 2024 draws to a close, certain crypto tokens are showing signs of significant growth potential in the coming months. BlockchainShock aims to provide a balanced analysis of these cryptocurrencies,...

8 Cryptos Poised for Gains? The Regulatory Landmine You're Ignoring

8 Cryptos Poised for Gains? The Regulatory Landmine You're Ignoring

So, you've seen the headlines: "8 Cryptos Set to Explode!", "Best Crypto to Buy Now!". And perhaps, just perhaps, you’re experiencing that old, hoary sense of FOMO. Listen, I get it. The promise of life-changing gains is intoxicating. So, before you decide to jump all the way in on what’s...

Bitcoin's Q1 Triumph: A Warning Sign For Africa's Altcoin Dreams?

Bitcoin's Q1 Triumph: A Warning Sign For Africa's Altcoin Dreams?

Consider the case of Fatima, a talented young coder in Lagos, Nigeria. She fully committed to building a decentralized micro-lending platform on the Solana blockchain. Her director’s intention was to not only educate local entrepreneurs in the process but to uplift them. Her community development project, AjoCoin, sought to lower...

Zcash on the Chopping Block? Binance Delisting Sparks Crypto Debate

Zcash on the Chopping Block? Binance Delisting Sparks Crypto Debate

The cryptocurrency world is buzzing with discussions surrounding the potential delisting of Zcash (ZEC) from Binance, one of the world's leading cryptocurrency exchanges. This turn of events has sparked an active discussion. Everyone is talking about what the future holds for privacy coins, the increasing regulatory pressure, and how big...

Bitcoin Holds $85K: Is This the Calm Before the $100K Storm?

Bitcoin Holds $85K: Is This the Calm Before the $100K Storm?

Bitcoin is again front and center in the crazily fluctuating world that is Bitcoin and cryptocurrency. Strung together with outstanding resilience even in the face of global economic uncertainty. As the global traditional financial markets struggle with upheaval, the crypto market, driven primarily by Bitcoin, has remained surprisingly calm. This...

Bitcoin Stabilizes as Key Metric Flips Neutral Amidst Market Fear

Bitcoin Stabilizes as Key Metric Flips Neutral Amidst Market Fear

At the time of writing, bitcoin price is sitting pretty at $83,810 which is a 1.47% drop in the last seven days. Even with this modest decline, one of the most important indicators on Binance is pointing to a possible trend change in bearish market sentiment.Even the Binance Taker Buy...

5 Reasons Atkins' SEC Could Unleash Bitcoin's Next Bull Run

Since then, Paul Atkins has taken the reins at the SEC, which represents a dramatically different leadership as well. If successful, this change would be a tectonic shift for Bitcoin’s future. Forget the typical bureaucratic relabeling – this is an actual paradigm shift in thinking. He is a pro-crypto advocate....

Bitcoin Surges Past $88,000 as Pro-Crypto SEC Chair Takes Office

Bitcoin has vaulted to an all-time high – peaking at an intraday high of $88,821.47. This breakout comes after weeks of tight, sideways price action – a period that has had investors excited and anticipating this move. The surge coincided with pro-cryptocurrency Paul Atkins being sworn in as the new...

Bitcoin's Rise, Ethereum's Fall Africa's Crypto Game Changer?

Bitcoin’s blasting off like a SpaceX rocket, Ethereum sputtering on the launchpad. And when we look out, we see the headlines, the charts, the breathless pronouncements of a new bull run. But wait before you envision Lambos lining the streets in front of mud huts, let’s discuss what all this...

Bitcoin to $92K? Why Southeast Asia's Gen Z is Already There

Western analysts are salivating over Bitcoin possibly reaching $92,000. Okay, fine. Let’s be honest, that’s a whole lot of yesterday’s news in Southeast Asia. We understand that Wall Street is attuned to charting lines and price targets, and the like. In contrast, Gen Z in Indonesia, the Philippines and Vietnam...

Bitcoin's $90K Surge: Africa's Crypto Revolution is Just Beginning

$90,000 Bitcoin? So what? That’s probably your first thought. Another number, another headline. Allow me to say, this is not another price point. For Africa, a jump to $90K-$92K would be a tectonic shift kind of deal. Perhaps this new record will ignite the new financial revolution that has been...

Trump's Bitcoin Reserve Fails Africa 3 Ways It Hurts Fintech

The hype was real. When Trump first indicated a pro-crypto position (most notably with the Strategic Bitcoin Reserve plan that sent Bitcoin’s value skyrocketing). The reality? That’s a huge disappointment, particularly to Africa’s rapidly growing fintech market. In the process, the often-forgotten continent is again, er, forgotten. We were sold...

Trump's Bitcoin Blunder: Southeast Asia's Crypto Dreams Crushed?

Southeast Asia was buzzing. You could feel it. The busy streets of Jakarta are clamorous with activity. In stark contrast, Singapore’s tech scene is abuzz with the latest wave of hopeful optimism. Bitcoin. This initiative is not only about profit. We seek financial inclusion to unshackle from the longstanding gatekeepers...

Trump's Bitcoin Reserve: Epic Fail or Strategic Pause?

The crypto space, as we all know, is a highly speculative environment driven by sentiment. Recent events involving Donald Trump’s plan to adopt a Bitcoin reserve give us a vivid example of this phenomenon. That first announcement sent a shockwave of excitement and speculation across the country. The grizzly details...