The Real Driver of Bitcoin’s Price? Dow Jones’ All-Time Highs, Not Halvings

In a captivating series of tweets, the prominent crypto analyst known as Blockchain Backer has shaken the foundations of a widely accepted theory in the cryptocurrency world. He has challenged the notion that Bitcoin’s (BTC) price movements are intrinsically tied to its 4-year block reward halving cycles. The analyst introduced a groundbreaking perspective that suggests…

Read More

Polkadot (DOT) Price Analysis: Polkadot Trading Downward Despite Record Addresses and New Sponsorship Deal

Despite a busy and successful week, Polkadot (DOT) records another day of losses.  Polkadot (DOT) saw one of its busiest weeks, reaching a record 600,000 active addresses and a possible sponsorship deal for the upcoming Paris Olympic Games. Despite its record active addresses and sponsorship possibility, the network is down 3% over the past 24…

Read More

Bitcoin Bonanza Before The Halving? Analyst Sees Pre-Crash Buying Window

Bitcoin, the pioneer and flagbearer of the digital currency realm, has once again captured the attention of investors. Recent market dynamics have prompted discussions among analysts and enthusiasts alike, with the spotlight firmly fixed on the possibility of a significant retracement in Bitcoin’s price. Renowned crypto analyst Rekt Capital has examined the current state of…

Read More