The second half of August proved a testing time for cryptocurrency enthusiasts. After hitting a record peak of around $124k on 14 August, the BTC/USD rate fell by roughly 13% by the end of the month. Several factors may have contributed to this decline, including the perception of cryptocurrencies as a risky asset:→ The US […]
Luke Broyles: Bitcoin Doubt Isn’t Going Away, No Matter How High It Climbs
Even if Bitcoin’s BTC price climbs into the millions, disbelief around its long-term value is unlikely to fade, according to Bitcoin adviser Luke Broyles.
Crypto Kidnap Plot Lands 14 People in Jail for Life in Gujarat Court Ruling
A court in Ahmedabad has sentenced 14 people to life in prison for their role in a Bitcoin-related extortion case dating back to 2018.
Gumi Bets Big on XRP: Why Japan Is Suddenly Shopping for Altcoins
Gumi, A Tokyo-listed game maker, wants ¥2.5 billion worth of XRP, and it is not just chasing a pump. It is buying into a remittance-first future that Japan’s rules increasingly allow. The Headline Number That Actually Matters Gumi, the Tokyo-listed mobile gaming and blockchain firm, just put a number on its conviction. The company plans […]
Nvidia (NVDA) Shows Bearish Signs After Earnings Release
On Wednesday, Nvidia published a fairly strong quarterly report:→ Revenue for the second quarter came in at $46.74 billion (record), up 56% compared with the same period last year;→ Adjusted earnings per share (EPS) were $1.05, a 54% year-on-year increase and above analysts’ expectations of $1.01–$1.02. However, in the Data Centre segment (closely
Raoul Pal Predicts 4 Billion Crypto Users Worldwide by 2030
Renowned investor and market analyst Raoul Pal has issued a bullish forecast for the future of the cryptocurrency industry, predicting that the number of crypto users could reach 4 billion by 2030. His optimistic outlook underscores the potential for widespread adoption of digital currencies as blockchain technology continues to evolve and gain mai
Understanding the ICT Turtle Soup: Key Concepts and Setup
The ICT Turtle Soup Pattern Explained Components of the ICT Turtle Soup Pattern Application of the ICT Turtle Soup Strategy Potential Advantages and Limitations The Bottom Line FAQ The ICT Turtle Soup is a trading pattern developed within the Inner Circle Trader (ICT) methodology. Built on principles of market psychology and liquidity hunting, this
Learning Popular Reversal Signals: 10 Candlestick Patterns
What Are Reversal Candlestick Patterns? Top 5 Pairs of Reversal Patterns Takeaway FAQ Spotting market reversals early is one of the most valuable skills a trader can develop. Candlestick patterns may provide a clear visual representation of price dynamics, which may help identify shifts in sentiment before they fully unfold. When applied correctly,
Market Analysis: GBP/USD Bulls in Control as USD/CAD Faces Fresh Decline
GBP/USD started a fresh increase above 1.3500. USD/CAD declined and is now consolidating losses below 1.3800. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound is eyeing more gains above 1.3500. There is a key bearish trend line forming with resistance at 1.3530 on the hourly chart of GBP/USD at FXOpen. USD/CAD started [&
Bitcoin Could Drop to $105K Ahead of Labor Day Amid Whale Threats and Seller Surge
Recent market developments in the cryptocurrency space have sparked fears of a significant price correction for Bitcoin, potentially dropping to as low as $105,000. This comes amid concern over a large-scale sell-off by an influential early investor, often referred to as an “OG whale,” which could impact the broader crypto market and investor senti