“`html Bitcoin’s recent turbulent ride is akin to a rollercoaster careering downhill at breakneck speed, sending its passengers on a whirlwind of emotions. Buckle up as we unravel the twists and turns of the crypto realm and decipher the story behind the Bitcoin sell-off saga. Plummeting Crypto Coaster The Bitcoin rollercoaster has taken a nosedive,…
Analysis: BlackRock’s $150 Billion Model Portfolio Includes Bitcoin BlackRock, known as the world’s biggest financial crafting maestro with a whopping $11 trillion in assets under management, has added a dash of spice by inviting Bitcoin to join its fascinating $150 billion model portfolio party. This choice marks a turning point for Bitcoin and the wide…
Is Bitcoin Finding a Bottom? What The UTXO Data Is Telling Us Is Bitcoin Searching for Solid Ground? Bitcoin’s recent journey through turbulent price waters has stirred curiosity about whether the cryptocurrency is nearing a resting place. To unravel this mystery, we turn our attention to the Unspent Transaction Output (UTXO) data, a tool that…
Bitcoin and Altcoins Rebound as US Inflation Cools: Is the Downtrend Over? Introduction The cryptocurrency market, like a phoenix rising from the ashes, has experienced a notable resurgence after the latest US inflation data release. Bitcoin and altcoins, akin to resilient warriors, have made striking gains, with Bitcoin soaring beyond $84,000 and altcoins such as…
