Bitcoin price predictions abound as traders focus on the next BTC halving cycle

bitcoin-price-predictions-abound-as-traders-focus-on-the-next-btc-halving-cycle

Traders still anticipate BTC prices above $100,000, but a closer look at the BTC halving cycle chart suggests that a sharper downside move will occur first. Terra’s recent collapse has been repeatedly singled out as the main source of weakness affecting crypto assets, but it’s much more likely that a combination of factors are behind the … Read more

Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine?

was-terra’s-ust-cataclysm-the-canary-in-the-algorithmic-stablecoin-coal-mine?

After an earthquake, there are always aftershocks. The collapse of UST could be a sign that other stablecoins are also critically flawed. The past week has not been an easy one. After the collapse of the third-largest stablecoin (UST) and what used to be the second-largest blockchain after Ethereum (Terra), the depeg contagion seems to … Read more

Buy the dip, or wait for max pain? Analysts debate whether Bitcoin price has bottomed

buy-the-dip,-or-wait-for-max-pain?-analysts-debate-whether-bitcoin-price-has-bottomed

BTC is flashing a few early bottoming signals, but analysts question whether “buying the dip” is a wise maneuver given the strength of the dollar and other factors. It has been a rough week for the cryptocurrency market, primarily because of the Terra ecosystem collapse and its knock-on effect on Bitcoin (BTC), Ethereum (ETH) and altcoin … Read more