Polygon (MATIC) has recently experienced a decline following Bitcoin’s pullback, causing concern among investors. However, according to crypto analyst JB, this decline could present an opportunity for the altcoin to make an upward move. In a video shared on the Cheeky Crypto YouTube Channel, JB stated that MATIC’s decline to a specific retracement area could
Bitcoin
The chief legal officer of Ripple, Stu Alderoty, has recently shared his predictions on upcoming crypto regulations that may impact investors’ confidence in 2024. Alderoty’s projections, which were released in an X post on December 15, highlight potential outcomes in the policy and regulatory landscape of the United States. Let’s delve into these forecasts and
Bitcoin, the world’s largest cryptocurrency, has experienced a remarkable year in terms of price performance. With the price doubling in 2023, many analysts believe that this bullish sentiment will continue into the next year. In a recently released report, Bitwise, a crypto index fund manager, predicts that Bitcoin will hit $80,000 in 2024, surpassing its
The price movement of OSMO has experienced significant volatility, with a predominant bearish trend throughout a major part of the year. However, in the last three months, the cryptocurrency has demonstrated a strong comeback and is now entering a phase of robust recovery. This article will analyze the current state of OSMO and the factors
Arbitrum (ARB), a prominent Ethereum scaling solution, recently encountered a significant downtime event that has raised concerns among users and industry participants. On December 15, the Arbitrum One network experienced over 60 minutes of inaccessibility, resulting from sequencer and feed issues. This incident prompted an immediate investigation into the root cause and the deployment of
Cardano (ADA) has recently shown significant momentum, surpassing the $0.60 resistance level. This surge in price indicates the potential for further rallies if it manages to break through the strong resistance at $0.685 and $0.700. The overall trend suggests a positive trajectory in the coming weeks. Following a period of consolidation above the $0.500 level,
As we approach the end of the year, the anticipation surrounding the approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) has generated considerable excitement among analysts and traders. While many believe that these index funds hold the key to a significant price surge for Bitcoin and the broader
Shibarium, the layer-2 blockchain of Shiba Inu, has made headlines recently by breaching the 100 million transaction milestone. This significant achievement has not only brought more exposure to the SHIB token, but it has also fueled a considerable jump in its price. In this article, we will delve into the latest developments surrounding Shibarium and
Bitcoin experienced a rapid correction at the beginning of the week, bringing its price back to the $40,000 level. This sudden drop in price caused anxiety among investors, leading to a panic sell-off in an attempt to avoid further losses. However, as the selling pressure subsided, the cryptocurrency began a slow but steady recovery. Amidst
Bitcoin’s price experienced another dive, retesting the crucial $40,000 support zone. Despite attempting a fresh increase, BTC is facing hurdles and needs to clear the $42,350 resistance level to enter a positive zone. Bitcoin is currently trading below $43,600 and the 100 hourly Simple Moving Average. The MACD indicator is gaining pace in the bearish
