Bitcoin, the world’s largest cryptocurrency, is approaching a critical juncture in its market cycle. With the next halving event scheduled to take place in April 2024, traders are wondering whether Bitcoin will experience a crash in the lead-up to the event. One key metric that is raising concerns is the Stablecoin Supply Ratio Oscillator (SSRO)….
Bitcoin (BTC) has been on a tear in recent months, surging over 100% from its June lows. This has led some analysts to predict that BTC could double or even triple in price in the coming months. However, others warn that Bitcoin faces some headwinds, including the risk of a stock market sell-off and regulatory…
The cryptocurrency market has been on a rollercoaster ride in recent months, but it has finally shown some signs of stability in recent weeks. Bitcoin, the world’s largest cryptocurrency, has been trading in a relatively narrow range between $30,000 and $35,000 for the past few weeks. Ethereum, the second-largest cryptocurrency, has also been trading in…
Cryptocurrencies are a volatile asset class, and prices can fluctuate wildly. This is especially true for altcoins, such as Ethereum, which are smaller and have less liquidity than Bitcoin. There are a number of reasons why Ethereum’s price has been down against Bitcoin in recent months. Here are three of the most important factors: The…
Ethereum futures premium has hit a 1-year high, which indicates that investors are bullish on the future of ETH. This is despite the fact that ETH price has declined by 14.7% since its peak in April 2023. There are a number of possible reasons for the surge in optimism among investors using ETH derivatives. One…