Some observers noted that even if Iran controlled 5% of the global hashrate, the network would continue to function without disruption. Bitcoin mining in Iran is back in the spotlight after a viral X-post on February 27 claimed the country is running a $1 billion operation that could be wiped out. The debate has divided […]
The combination of both measures suggests that the current regime is consolidative or mid-cycle bearish, with a final capitulation likely to occur soon. Current market dynamics indicate that a reset is underway, with Bitcoin undergoing deleveraging. However, the top digital asset has yet to form a bottom for this bear cycle despite cooling market conditions. […]
Opeyemi is a skilled writer and enthusiast in the exciting and unique cryptocurrency realm. Although the digital asset industry was not his first choice, he has definitely remained attracted since entering the sector for over two years. Now Opeyemi takes pride in creating unique pieces that unravel the complexities of blockchain technology and share insights […]
Bitcoin approaches $63,000 after US and Israel launch attacks on Iran, while Trump announces major US combat operations. Bitcoin fell towards $63,000 after Israel launched attacks on Iran and President Trump announced major US combat operations. Within minutes, the crypto markets reacted sharply, wiping out billions in value. As geopolitical tensions rose, traders rushed to […]
KCS, STABLE and PIPPIN are today’s biggest losers after the latest attacks. Bitcoin’s price movements took a new turn in recent hours after Israel attacked Iran, and then US President Trump confirmed that his country was also involved. Numerous altcoins have bled heavily, while Binance Coin has benefited from this and surpassed XRP in terms […]
What you need to know: Filecoin (FIL) broke above its double bottom neckline, signaling potential bullish momentum towards $1.18. The $0.99 support level is crucial, with traders looking for confirmation of an upward move or continued bearish pressure. The RSI and MACD are showing signs of a bullish reversal, but caution is advised due to […]
Israel has also declared a state of emergency as it expects swift retaliation from Iran. The increased price volatility this week continues as Bitcoin has once again begun to rapidly lose value, falling to a multi-day low of well below $63,600. The latest step down was likely prompted by rapidly escalating global tensions, especially between […]
Hyperliquid (HYPE), one of the largest decentralized exchanges (DEXs) in the crypto sector, is preparing a significant upgrade that could reshape the way new projects launch tokens on its platform. The proposal, known as HIP-6introduces a framework designed to enable permissionless, on-chain token launches without relying on the off-chain capital raising methods that many teams […]
What you need to know: Algorand (ALGO) is showing early recovery signals within a falling wedge pattern on the 3-day chart. The short- and medium-term recovery targets for ALGO include $0.10, $0.145, $0.19 and $0.25. Momentum indicators, including the RSI at 39.26 and a shrinking MACD histogram, point to a possible stabilization. Algorand (ALGO) is […]
Dorsey said AI-driven efficiency requires smaller teams, leading to one of the largest layoffs in Block history. Jack Dorsey announced that Block will cut its workforce by nearly half, laying off more than 4,000 employees and bringing its total workforce from more than 10,000 to just under 6,000. In a note shared publicly on Mass […]