Bitcoin (BTC), the world’s largest cryptocurrency, is trading at 17-month highs with just 164 days until the next Bitcoin halving event. However, a key stablecoin metric that marked the 2019 top has flashed a warning sign, suggesting that a retracement period could be on the horizon. The Stablecoin Supply Ratio Oscillator (SSRO) is an on-chain…
Bitcoin (BTC) has posted a classic “Uptober” in recent weeks, but some analysts are warning that the cryptocurrency could face headwinds in the near term due to concerns about overvalued stocks. One analyst, Dan Morehead, CEO of hedge fund Pantera Capital, believes that Bitcoin will “reassert” itself to deliver over 100% annual BTC price gains….
Crypto market prediction The crypto 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…
Cryptocurrency market prediction 2023-2024 The cryptocurrency market is notoriously volatile, and prices can fluctuate wildly. However, there are some general trends that can be observed. For example, Bitcoin (BTC) has historically outperformed other cryptocurrencies, including Ethereum (ETH). This is likely due to Bitcoin’s first-mover advantage and its status as a store of value. In 2022…
Ethereum (ETH) is the second-largest cryptocurrency by market capitalization, and it is one of the most popular platforms for decentralized applications (DApps). ETH futures are contracts that allow investors to buy or sell ETH at a predetermined price on a future date. The futures premium is the difference between the price of an ETH futures…