The upcoming SpaceX public offering may create a wealth effect that benefits Bitcoin and other digital assets, according to Aaron Arnold, co-founder of Altcoin Daily. He suggests that while AI investments currently attract momentum investors, crypto is becoming a value trade after a prolonged bear market. Arnold believes Bitcoin is nearing the end of its bottoming phase and presents a strong long-term accumulation opportunity. He also defended Michael Saylor's recent Bitcoin sale as a strategic move to reassure creditors, not a sign of weakening confidence in crypto.
Bitwise CIO Matt Hougan ranked Chainlink (LINK) among the four most important cryptocurrencies, alongside Bitcoin, Ethereum, and Solana, highlighting its dominance in the oracle market that connects blockchains to real-world data. Despite low institu...
Bitcoin's long-term holders now control a record 79% of its circulating supply, a historical indicator that often precedes the end of bear markets. Low reactivation of old coins and reduced ETF selling suggest strong accumulation and diminished selli...
Bitcoin has rebounded from the $60k support level, reaching $67k before a slight pullback to around $65,695. Traders, especially whales, are increasingly bullish, with one opening a $68.1 million 20x long position on 1036 BTC, signaling confidence in...
Veteran trader Dave the Wave highlights that Bitcoin's daily MACD indicator is mirroring the 2022 pattern that preceded a major price breakout, indicating the asset may have bottomed. He notes similar three swings lower in the current correction and ...
XRP is testing a critical $1.19 support level ahead of the new Federal Reserve chair Kevin Warsh's debut, which will influence its short-term direction. Shiba Inu (SHIB) faces a pivotal 45-day period historically linked to price reversals, with poten...
