Author: Digicoinvision
After hitting a new all-time high above $24,000, Bitcoin has been unable to hold up the momentum and has spiraled back down again. In light of this, crypto analyst Doctor Profit has predicted that the Bitcoin price is actually going to fall below $100,000. If this prediction is accurate, then it means that this is only the beginning of the BTC decline, with more crashes expected to happen in the near future. September Will Be Bearish For Bitcoin In an X (formerly Twitter) post, the crypto analyst points out that the Bitcoin price crash is far from done. This is…
Join Our Telegram channel to stay up to date on breaking news coverage The crypto market slid a fraction of a percent in the past 24 hours with Bitcoin and Ethereum tumbling ahead of Fed Chair Jerome Powell’s Jackson Hole speech on Friday OKB (OKB) led gainers with a 10% surge as of 4:07 a.m. EST, pushing its weekly jump to 174%, while Pump.fun was the biggest loser among major cryptos after slumping 10%. Bitcoin fell 0.3% and Ethereum 0.25% Mantle (MNT), AB (AB), and POL (POL) were among other major gainers, recording 9.9%, 8%, and 3% increases, respectively, according…
An analyst has pointed out how Dogecoin is consolidating within a triangle pattern that could set up a 40% move for the memecoin’s price. Dogecoin Is Trading Inside A Symmetrical Triangle Pattern In a new post on X, analyst Ali Martinez has talked about what the triangle that Dogecoin’s 12-hour price is trading inside right now could foreshadow for it. A triangle is a consolidation channel in technical analysis (TA) that forms whenever the price of an asset trades between two converging trendlines. The upper line of the pattern is likely to be a source of resistance, while the lower…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Nasdaq-listed SharpLink Gaming continues to expand its Ethereum (ETH) reserves. In the latest development, the firm purchased 143,593 ETH over the past week, bringing its total digital asset holdings to over $3 billion. SharpLink Gaming Increases Ethereum Holdings, Again According to a statement issued today, Minneapolis-based SharpLink Gaming acquired 143,593 ETH between August 10 and August 17. The firm raised $537 million in net proceeds during the same period to finance the ETH purchase. Specifically, SharpLink Gaming raised $390 million through a registered direct offering, which closed…
Key Takeaways Whales accumulated 1.29M LINK worth $31M in 4 days as LINK retested $24. Record wallet growth and rising social dominance hinted at momentum towards a $30 breakout. Since mid-August, Chainlink [LINK] has recorded remarkable whale activity. The same can be highlighted by one address accumulating over 1.29M LINK, worth $31.15M, from Binance. These actions, spread across several large transactions, are evidence of the growing confidence among big holders. At the time of writing, LINK was trading near $24 after briefly hitting $26 – A sign of resilience despite volatility. Such aggressive accumulation often reduces available supply on exchanges,…
The bitcoin price recently retraced nearly $10,000 after setting a new all-time high of $124,000 on August 14. The sharp drop to the $114,000-115,000 range has reignited debate about whether the bull market has peaked. But in percentage terms, the move is just a 7.8% retracement — a normal fluctuation for bitcoin. By analyzing on-chain data, ETF flows, and macro conditions, we can assess whether this is the end of the cycle or just a healthy reset before further gains. Bitcoin Price Action and Technicals The bitcoin price remains well above major support zones. The pullback has found stability near…
The crypto-focused investment arm of venture capital firm Andreessen Horowitz argued that modern cryptographic techniques, such as zero-knowledge proofs, can protect user privacy and still allow law enforcement to crack down on bad actors. In a report on Tuesday, a16z Crypto policy partner Aiden Slaven and regulatory counsel David Sverdlov said that ZK-proofs, which verify the authenticity of data without disclosing any detailed private information, have the “greatest potential” by showing the origin of funds, but without publicly revealing private information.Their report came only two weeks after Roman Storm, the co-founder of the crypto mixing service Tornado Cash, which allows users…
The crypto-focused investment arm of venture capital firm Andreessen Horowitz argued that modern cryptographic techniques, such as zero-knowledge proofs, can protect user privacy and still allow law enforcement to crack down on bad actors. In a report on Tuesday, a16z Crypto policy partner Aiden Slaven and regulatory counsel David Sverdlov said that ZK-proofs, which verify the authenticity of data without disclosing any detailed private information, have the “greatest potential” by showing the origin of funds, but without publicly revealing private information.Their report came only two weeks after Roman Storm, the co-founder of the crypto mixing service Tornado Cash, which allows users…
Table of contents1. Investors Diversify Beyond Ethereum2. ConclusionShow more Ethereum (ETH) has seen a sharp 5.77% decline as part of the wider crypto market pullback following recent highs. ETH now trades near $4,350 after nearly touching its all-time high of $4,900. Analysts point to $1.7 billion in long futures liquidations as leverage unwound across the sector. Despite this correction, Ethereum’s role in powering decentralized finance (DeFi) and stablecoins remains strong, with J.P. Morgan recently highlighting ETH as the most direct way to gain exposure to the booming $264 billion stablecoin market. While Ethereum undergoes profit-taking, Coldware (COLD) has become a…
BUZZ HPC, the high-performance computing unit of Canadian bitcoin miner HIVE, has entered into a preferred partnership with Bell Canada to supply the computing backbone for Bell’s AI Fabric platform. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. […]