Market Analysis Market Update News

Market Update 18 July 2023 : In Order for a Potential Rally to Take Place, the Bitcoin Price Must Surpass the Critical Level of $30,500.

Bitcoin’s price is currently experiencing downward movement, approaching the $29,200 level. However, for a potential upward surge in the near future, it is crucial for BTC to surpass the $30,500 mark. The prevailing market conditions show bearish signals as Bitcoin is trading below both the $30,300 level and the 100-hourly Simple Moving Average. On the […]

Market News Market Update News

Market Update 15 July 2023 : XRP Wins: The SEC Got Ripple’d , US Inflation Drops To 3%, Uniswap V3 Launches On Avalanche

XRP Is Not a Security It’s about damn time! XRP has been declared NOT a security and Gary Gensler no longer has job security. XRP has been locked in a legal battle with the US Securities Exchange Commission (SEC) since December 2020. The SEC had accused Ripple, its CEO Brad Garlinghouse and co-founder Chris Larsen […]

Bitcoin Market Update News

Market Update 14 July 2023 : Bitcoin Transaction Fees Plummet While Mining Stocks Soar

After a short-lived transaction fee frenzy in Q2, mining revenue has normalized back to pre-ordinal levels, but public mining equities have continued to outperform. In February, we covered the introduction of ordinal inscriptions on Bitcoin and their lack of impact on the transaction fee market at the time, but that drastically changed starting in April with the […]

Market Update News

Market Update 11 July 2023 : Bitcoin Will Be the Currency of AIs

In the world of cryptocurrency, filtering out the ‘noise’ and focusing on the ‘signal’ can feel like an insurmountable task. Within this digital cacophony, a multitude of voices compete for attention, each promoting diverging ideas and perspectives. It is, therefore, no surprise that newcomers might quickly feel overwhelmed by this complex ecosystem and choose to […]