During this period of economic turbulence marked by soaring inflation and a constantly increasing national debt, many are turning to cryptos as a potential alternative to the dollar. However, a new analysis by Morgan Stanley highlights the reasons why the US dollar maintains its supremacy and explains why it is unlikely that cryptos could replace it in the near future.
The crypto market has just experienced a significant upheaval: while Bitcoin undergoes a sharp drop, puzzling many investors, Ether shows remarkable resilience, defying general expectations. How does ETH manage to sustain itself while the queen of cryptos falters? Let's analyze the forces at play shaping the crypto market.
The bitcoin market is going through a crucial period: the demand for the leading crypto, once soaring, is now showing signs of slowing down. This unexpected development raises vital questions among investors and financial analysts. This article unravels the causes and impacts of this slowdown on the crypto market.
Altcoins, these alternative cryptocurrencies to Bitcoin, are generating increasing interest among analysts and investors. In a context of prolonged bear market, some experts believe that the time has come to invest in these digital assets. Michaël van de Poppe, an influential crypto analyst, recently reiterated his support for altcoins, predicting a spectacular bullish performance in the months ahead. This article explores the reasons behind this recommendation and the potential implications for investors.
Bitcoin is generating renewed interest and excitement in the financial markets. As its price approaches $67,500, analysts and investors are closely watching this surge. Why is this moment so important, and what could be the implications of this upward trend for the future of bitcoin?
After a period of stagnation, Bitcoin shows signs of recovery, supported by Saylor's optimism.
As the trend remains bullish with a consensus target of $100,000, has Bitcoin exhausted its bullish potential faster than normal?
Bitcoin is gaining more and more favor among institutional investors. Major names in the global finance industry are beginning to adapt their strategies to include the queen of cryptos. The Chicago Mercantile Exchange (CME), a global leader in futures exchanges, is also considering entering the bitcoin spot trading market. An initiative that could have profound repercussions for the crypto market.
The value of the altcoin market has surpassed the impressive milestone of $276 billion, driven by Bitcoin's rise beyond $66,000. Faced with this surge, investors are turning to altcoins, hoping to capitalize on potential gains. However, CryptoBullet, a renowned crypto analyst, advises caution. He warns against blind investments in altcoins despite the prevailing euphoria. He points out that the market, while on the rise, is not immune to potential corrections. According to him, altcoins stuck between Fibonacci levels of 0.382 and 0.236 may struggle to surpass their 2021 historical highs.
As the crypto market eagerly awaits the Fed's next interest rate decisions, an analyst claims that Bitcoin could reach new highs if high-yield interest rates in the United States fall below 7%. However, the path to $100,000 could be fraught with challenges.
The memecoin Floki Inu is currently experiencing strong growth. Investors who have bet on this crypto inspired by Elon Musk's dog are currently on cloud nine. As this bullish trend continues, the community and market observers are questioning its underlying dynamics. What are the factors behind the rise of this memecoin?
The on-chain analytics platform Glassnode has just unveiled a set of innovative indicators that accurately pinpoint Bitcoin investor capitulation points and significant unrealized losses. This unique framework provides a better understanding of supply-demand dynamics and helps identify potential market bottoms.
The crypto market is currently experiencing a V-shaped reversal, leading to a significant decrease in volatility. This situation presents enticing opportunities for savvy investors. With interest rates still high, is it the right time to take a position?
The price of bitcoin (BTC) is currently trading just below $64,000. However, a technical indicator suggests that the flagship cryptocurrency may still have significant room for growth.
As most crypto markets continue to move in fits and starts, Arthur Hayes, co-founder of BitMex, assures of the imminent next bull run. Based on macroeconomic factors and predictions regarding the impact of the U.S. presidential elections on the markets, the expert reveals that the ideal time to accumulate cryptocurrencies is now. Details to follow.
The Shiba Inu crypto (SHIB) is at a pivotal moment in its history. In the coming days, specifically on May 11 and 12, this highly followed memecoin could face a major technical test that could influence its short-term future. As investors analyze the charts, anticipation is building: will the asset break through this crucial threshold or will market strategies need to be reassessed? The suspense remains high!
Affected by a recent announcement from FTX about the auction of its SOL, Solana is showing a very unattractive performance. A 5% loss in value in one day is a blow to the crypto. Now, the world of traders is on high alert. The current 125 million short positions open may be closed as soon as the price of SOL returns to its previous level. However, there are still bullish signs. Let's talk about it.
Thanks to staggering financial results, Block Inc. may well join the prestigious S&P 500 index on the stock market this year!
With the current dynamics of prices in the crypto markets, now is the time to invest the most in altcoins. And if you still don't know which altcoins to prioritize, we will help you. Here are the top 4 altcoins you could invest in now to increase your chances.
With the volatility of the bitcoin market, many observers believe that now is the time to buy the crypto. This is the case of analyst Rekt Capital, who recently delved into a burning question: is bitcoin headed for a 40% correction? This topic has been at the heart of his reflections for some time. In his latest video, he breaks down the patterns of corrective periods in the bitcoin cycle.
The BRICS are multiplying initiatives and pushing the boundaries of the unimaginable. The alliance has accelerated its project to humiliate the US dollar this year by intensifying trade exchanges without the dollar. But a new question has been circulating since the Russian Foreign Minister mentioned the BRICS creating a stablecoin. Could XRP serve as a bridge between the currencies of the alliance member countries? Analysis.
After casting doubt on the possibility of a post-halving rally, Bitcoin reignites the flame by reaching $63,000 on May 4th. In its course, the flagship cryptocurrency has, as usual, led several other major altcoins such as ETH, SOL, CAD, etc. Within a 24-hour period, even though trading volumes have decreased by nearly 18%, the momentum has increased the overall market capitalization of cryptocurrencies by 5.11%. Obviously, some would like to understand what is behind this reversal of trend. Is it already time for an uptrend? Is it a decoy? Clarifications.
They could not resist the volatility of the bitcoin price. They had entered the markets at the beginning of the year, seduced by the historic peak reached by the cryptocurrency. Holders of 2024 bitcoins for only a few months, they succumbed to panic in the face of the collapse of prices and sold their BTC at a loss. In this FUD context, experts explain why prices are collapsing and reassure.
If you looked at the bitcoin charts on May 1st, you certainly noticed that the price of the cryptocurrency dropped to less than $57,000. Even though the crypto is currently trading at just over $57,000, its continued decline continues to surprise many. How can we understand that its price collapsed after the halving when we expected a contrary trend? The explanations in this piece.
Despite American sanctions, Russia distorts calculations and shows even stronger economic health by 2024. Against all odds, the co-founder of the BRICS reveals in April an annual increase of 100% in its oil and gas revenues. From $7 billion last year, its revenue from oil and gas jumps to $14 billion in April 2024. The Russian case now stands as an excellent precedent for the BRICS in their march against the dollar.
Bitcoin experienced a sharp drop Wednesday morning, reaching its lowest level since late February at $56,556. Analysts are citing several key factors behind this decline, casting doubt on a quick market recovery.
Exposed to geopolitical, economic, and fiscal pressures throughout the month of April, Bitcoin once again proves its resilience as an asset. While one could have expected a more rapid decline in its price, the cryptocurrency closes the month of April with only a 10% decrease. Details in the following.
Mark Yusko, CEO of Morgan Creek Capital, the $1.5 billion hedge fund, is adamant. A flood of fiat is expected to pour into the crypto markets in the coming months. The expert predicts a growing interest in Bitcoin ETFs from American baby boomers, the generation born between 1946 and 1964. These individuals are expected to transfer their funds currently held in retirement accounts to the crypto markets soon. He expects at least $300 billion to flow into the crypto markets in the coming months. This was during an interview with the podcast The Wolf of All Streets. Clarifications.
The altcoin market is already reacting to Bitcoin's halving. The quadrennial event known to be a major trigger in the markets occurred last weekend. Just six days later, some tokens are experiencing exceptional growth rates. Among them, the cryptocurrency PEPE. Review of the current trends of the token.
The meme token Shiba Inu (SHIB) struggles to maintain its upward momentum. After failing to break through a major resistance zone, SHIB seems to be entering a correction phase, raising concerns among holders.