Author: Umar Hashmi

Crypto expert Peter Brandt has boldly claimed that the Bitcoin top for this market cycle may already be in. He made this conclusion based on his “exponential decay” thesis, which he noted may actually be good for the Bitcoin ecosystem. Why Bitcoin’s Price Has Topped Brandt explained that historical data suggests that Bitcoin’s price has topped. He further alluded to an “exponential decay,” which he noted could be used to describe Bitcoin. Brandt’s exponential decay thesis is based on the fact that Bitcoin’s percentage gain has significantly reduced in every subsequent bull cycle. Related Reading: Ethereum Withdrawals From Exchanges Top 260,000 ETH – What This…

According to the latest on-chain revelation, the Bitcoin network has been experiencing a steady decline in high-value transactions over the last few weeks. This sluggish activity has been mirrored by the price of the premier cryptocurrency, which has struggled to break out of consolidation throughout the month of April. In the past week, the Bitcoin price struggled to hold above $67,000 despite touching the level multiple times. The price of BTC has since been in a tumble and is down by more than 2% in the last seven days, according to data from CoinGecko. Interestingly, the recent on-chain data suggests that this…

The Bitcoin network has witnessed a surge in trading activity in the days after the halving, as shown by on-chain data. Although the just concluded halving brought a lot of attention to Bitcoin, the recent surge in trading activity can be attributed to something else. According to data from on-chain analytics platform IntoTheBlock, the number of daily BTC transactions has grown rapidly in the past few days to reach a new high of 927,000 thanks to a new token standard called Runes. Related Reading: Analysts Call It: XRP Primed For A 700% Surge – Details Bitcoin Daily Transactions Reach New All-Time High Bitcoin’s price has been skyrocketing since…

One of the issuers waived management fees for the first six months, undercutting rival offerings. Hong Kong regulators approved ETFs by Harvest Global Investments, China Asset Management and a jointly managed product of Bosera Asset Management and HashKey Capital. The products could start trading on April 30, Bloomberg reported Management fees of the ETFs are lower than previously thought, one analyst noted Hong Kong’s market regulator has officially approved the first batch of crypto-related spot exchange-traded funds (ETFs), a first for the city and a move that could establish it as Asia’s leading digital-asset hub and unleash further growth in…

Risk assets will likely rally if the TGA estimate is maintained at or lowered from the current $750 billion, one observer said. U.S. Treasury’s refinancing announcement, detailing the three-month borrowing needs and the balance to be held in the Treasury General Account, is due on May 1. The gross issuance of bonds is likely to decline for the first in two years, offering relief to markets. Risk assets will likely rally if the TGA target is maintained at or lowered from the current $750 billion. The past few weeks have been quite boring for crypto traders as bitcoin (BTC), the leading…

An AI model, trained on 370 on-chain indicators, predicted that Bitcoin’s price might touch new highs in just the next 30 days. BTC’s metrics suggested that selling pressure on the coin was low. Market indicators hinted at a few more less volatile days ahead. Bitcoin [BTC] continues to underperform over the last few days as it fails to go above the $65k mark. In the meantime, a deep learning model predicted something interesting as it suggested that BTC’s price might reach new highs in just the next 30 days. Bitcoin’s new ATH soon? According to CoinMarketCap, the last seven days remained pretty…

Bitcoin, BTC could hit $82810.13 in 2024 Bitcoin’s price prediction for the most bearish scenario will value BTC at $51467.20 in 2024. Bitcoin’s previous All Time High was on 14 March 2024 where BTC was priced at $73,738. Bitcoin’s price at the same time last week was $61328.90. It has moved by -0.98 % in the past week and is currently at $64,334. Infact, in the past 24 hours, BTC has pumped by 1.14 %. There is a slight bullish sentiment in the crypto market. The long term sentiment, however, remains bullish and BTC could hit $88278.23 in 2025. Courtesy

BIG MOMENT FOR CRYPTO!! Bitcoin Price – What Comes Next? Ethereum ETF + 3 Altcoins I like! https://www.youtube.com/watch?v=1BfuV4LDIMg

The SEC Attempts to ‘Seize Control of Ethereum’ with Crypto Crackdown https://www.youtube.com/watch?v=RlabSMOca-k

Transaction fees on Bitcoin decreased significantly after an initial spike. But that’s not all. Bitcoin fees dropped after the halving, reducing miner revenue in the process. Runes might cause a surge in activity on Bitcoin’s block space, and fees might spike again. Bitcoin [BTC] fees have been a major subject in the crypto market since the halving on the 20th of April. The day before the halving, the average fee on the Bitcoin network surged to $128. On halving day itself, the total fees paid to have a transaction processed on the 840000th block was a mind-blowing $2.40 million. This value…