Top 5 cryptocurrencies to watch this week: BTC, BNB, XMR, ETC, MANA

top-5-cryptocurrencies-to-watch-this-week:-btc,-bnb,-xmr,-etc,-mana

BTC price continues to encounter selling pressure, but a brief rally or the start of consolidation could lead to sharp gains in BNB, XMR, ETC and MANA. The Dow Jones Industrial Average has declined for eight consecutive weeks, the first such losing streak since 1923. On May 20, the S&P 500 briefly fell into bear … Read more

20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow

20%-drop-in-the-s&p-500-puts-stocks-in-a-bear-market,-bitcoin-and-altcoins-follow

Recession fears mount as a 20% decline in the S&P 500 places stock in a bear market, increasing the chance that BTC and altcoins will make new lows. Whoever coined the phrase “sell in May and go away” had brilliant insight and the performance of crypto and stock markets over the past three weeks has … Read more

State Of The Bitcoin Derivative Market

state-of-the-bitcoin-derivative-market

The bitcoin derivatives landscape plays a major role in the bitcoin price in the short term. We have yet to see signs of a bitcoin macro bottom. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and … Read more

3 red flags that signal a crypto project may be misleading investors

3-red-flags-that-signal-a-crypto-project-may-be-misleading-investors

The challenges faced by Terra, Wonderland and a handful of other DeFi projects exposed the need for investors to do more research and avoid cult personalities. Satoshi Nakamoto left a large pair of shoes to fill after releasing the code for Bitcoin (BTC) to the world, helping the network get established, then vanishing without so … Read more

Altcoin prices briefly rebounded, but derivatives metrics predict worsening conditions

altcoin-prices-briefly-rebounded,-but-derivatives-metrics-predict-worsening-conditions

Declining demand for Tether and negative futures premiums for altcoins reflect a growing disinterest from crypto investors. On May 12, the total crypto market capitalization reached its lowest close in 10 months and the metric continues to test the $1.23 trillion support level. However, the following seven days were reasonably calm while Bitcoin (BTC) gained … Read more

Price analysis 5/20: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

price-analysis-5/20:-btc,-eth,-bnb,-xrp,-ada,-sol,-doge,-dot,-avax,-shib

BTC and altcoins produced the occasional relief rally, but technical analysis suggests that the prevailing trend will remain bearish for some time to come. Bitcoin’s (BTC) tight correlation with the legacy markets continues to be a drag, especially as the United States equity markets remain in a firm bear trend. The Dow Jones Industrial Average … Read more

Like Ruble, Like Shitcoin — Only Bitcoin Gets Its Value Organically

like-ruble,-like-shitcoin-—-only-bitcoin-gets-its-value-organically

On examination, fiat and shitcoins share the same trick of getting people to give up real value for promises. This is an opinion editorial by Joakim Book, a Research Fellow at the American Institute for Economic Research, and writer on all things money and financial history. All (fiat) monies struggle with getting their users to … Read more

Bitcoin Brings Maximum Pain for Globalists

bitcoin-brings-maximum-pain-for-globalists

The macro picture in Europe looks bearish and as the Federal Reserve signals continued hawkish stance, bitcoin provides a hopeful path forward. Watch This Episode On YouTube or Rumble Listen To The Episode Here: Apple Spotify Google Libsyn Overcast In this episode of the “Fed Watch” podcast, due to popular demand, I welcome Tom Luongo … Read more

Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets

bearish-head-and-shoulders-pattern-forces-ethereum-traders-to-re-adjust-their-price-targets

Traders say Ethereum needs a monthly close above $2,250 to regain bullish momentum, but a bearish technical analysis pattern on the weekly timeframe threatens to push ETH price to new lows first. Crypto markets remain volatile and a handful of seasoned traders believe that the bearish trend will continue as long as stock markets are … Read more

Bill Gates Doesn’t Invest In Bitcoin, Says It Does Not Add To Society

bill-gates-doesn’t-invest-in-bitcoin,-says-it-does-not-add-to-society

In a recent AMA on Reddit, Bill Gates explained he does not invest in bitcoin or other cryptocurrencies because they do not add to society. Bill Gates recently hosted an AMA on Reddit where he discussed why he does not invest in bitcoin or other cryptocurrencies. Gates explained that bitcoin provides no valuable output and … Read more