The Ether bulls look to overcome resistance at $3K as the community prepares for the merge of the ETH mainnet with the PoS Beacon Chain as we are reading more in today’s latest Ethereum news. The new week in the crypto market brought more of the same sideways price action that the entire market has […]
Per the game theory concept, buyers who got their assets at a considerably lower price than the rest of the market and are still holding onto their stash will be happy to acquire the asset at even lower prices.
Bitcoin’s price action has been very choppy of late, and it’s time to consider whether traders can depend on the tried-and-tested template anymore. To be specific – the Bitcoin halvening cycle. Quant me in Bitcoin’s halvening cycles are key for investors to predict the long-term movements of the king coin. However, more and more analysts […]
The U.S. Securities and Exchange Commission (SEC) has opened up a public discussion in regards to converting the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF) and the feedback is overwhelmingly in support. After years of not being able to get a spot Bitcoin ETF past regulators, the conversation has shifted to converting Grayscale’s […]
BTC’s price action is looking grim, but traders hope that a bounce off the $42,000 support will complete a bullish technical analysis pattern and trigger a rally in Bitcoin and altcoins.
Popular on-chain analyst and long-time Bitcoin supporter Willy Woo says that BTC’s market capitalization will likely skyrocket to $20 trillion if authorities handle the cryptoasset’s regulation properly. During a recent interview on The Jay Gould Show, Woo predicted that Bitcoin’s market capitalization could rise to $20 trillion over the next one to two decades. As […]
On-chain analyst Willy Woo claims that Ethereum and its ecosystem has been “a hotbed of innovation”, despite the number of scams and ponzi schemes taking place. Speaking in a recent interview with London Real on February 1, Woo downplayed the number of scams taking place on the Ethereum network and its offshoot applications. Woo called […]
Bitcoin is currently a combination of peak fear sentiment and bullish on-chain fundamentals, according to popular analyst Willy Woo. Speaking on the What Bitcoin Did podcast with Peter McCormack, Woo says BTC’s bull market remains intact, and that traders looking for more capitulation to the downside will probably be forced to enter higher. “Structurally, on-chain, […]