“Bitcoin Plummets as ‘Successful’ DDOS Attack Shakes Crypto World: What’s Next?”
Recent reports suggest that Bitcoin is experiencing a Distributed Denial-of-Service (DDoS) attack, which is driving down prices and increasing transaction fees. The attack is being orchestrated through spam inscriptions, which are clogging up the network and causing inconvenience to users. Bitcoin is a decentralized digital currency that relies on cryptography to secure its transactions and […]
“Warren Buffett Compares Bitcoin to Rat Poison, AI to Atomic Bombs – Shocking Insights!”
Bitcoin is “rat poison,” according to Berkshire Hathaway’s CEO Warren Buffett, but an even worse development in his view is artificial intelligence (AI). Speaking at their annual meeting in Omaha, Nebraska, the business tycoon and his vice chair Charlie Munger shared their skepticism and concern about the rapid advancements in AI, likening it to the […]
“Bitcoin Plummets Over 5% as Market Stumbles Before Revealing CPI Report: What’s Next?”
Bitcoin, the largest cryptocurrency by market cap, experienced a sharp decline on Monday, dropping more than 5% in 24 hours as traders offloaded “risk assets” ahead of the release of the Consumer Price Index (CPI) report for April. At its lowest point, Bitcoin traded at $27,408, according to CoinGecko. This is a disappointing turn of […]
“Bitcoin Holds Strong at $28.6K Despite Binance’s Withdrawal Freeze: Investing Opportunities?”
In the cryptocurrency market, the biggest winner is Cosmos (ATOM) with returns of +1.0%. Cosmos is a smart contract platform designed to facilitate interoperability between different blockchains. On the other hand, the biggest losers are XRP (XRP) with returns of -2.6%, Terra (LUNA) with returns of -2.2%, and Decentraland (MANA) with returns of -1.9%. XRP […]
“Unstoppable Momentum: Bitcoin Price Skyrockets with $28,394 Buying Pressure – Don’t Miss Out!”
Bitcoin (BTC/USD) has recently built on its gains in the market, trading as high as the 29,033.95 level. This comes after buying pressure emerged around the 28,742.27 area, which saw a test for the upside price objective related to demand that strengthened around the 28,122 area. During the recent depreciation, bears were able to push […]
Bitcoin Struggles as Anti-Bank Sentiment Reaches Historic Highs: What’s Happening?
As US banks continue to face instability and scandals, one might expect Bitcoin (BTC) to experience a surge in value and widespread adoption. However, the reality tells a different story. This article discusses the struggles and challenges faced by the cryptocurrency, including regulatory hurdles, environmental criticisms, and increasing competition from other digital currencies. The Unfulfilled […]
“Exclusive Bitcoin Price Analysis: $29,298 Prognosis Unveiled for Crypto Bulls and Bears!”
Bitcoin (BTC/USD) continued its recent depreciation early in the Asian trading session on May 7, 2023, as the cryptocurrency reached the 29051.99 area. This was the result of selling pressure around the 29850 mark that had emerged after Stops were elected above an upside price objective around the 29803.05 level. During the depreciation, significant buying […]
“Bitcoin & Ethereum Halt Post-Fed Rate Hike: Get Ready for Market Shake-up!”
Last week, Bitcoin (BTC) and Ethereum (ETH) experienced a lull in price growth after posting modest gains the previous weekend. Bitcoin remained around the same level as the previous weekend at $28,820, a 5% decrease from its April high of $30,979 but still up 77% from $16,615 at the start of January 2023. Ethereum added […]
“Bitcoin Blazes Ahead: 46.1M Non-Zero Addresses Signal Skyrocketing Adoption!”
Bitcoin (BTC), the most prominent cryptocurrency, has been gaining attention in the crypto community by reaching a new all-time high (ATH). According to reports from Glassnode, a crypto analytics provider, the overall non-zero addresses have reached an ATH of approximately 46.1 million. Currently, the market price of Bitcoin is $28,762.12, with a trading volume of […]
“Bitcoin Trader Predicts $63K Breakout: New Bollinger Bands Signal Soaring BTC Price!”
Bitcoin (BTC) could be primed for making historic gains in the near future, thanks to a trend line breakout identified by popular trader, Titan of Crypto. Using Bollinger Bands, the trader recently flagged a rare bull signal for Bitcoin’s monthly chart. This has led some to predict that we may be on the cusp of […]