Ethereum has been under heavy bearish pressure lately with its price dropping and short bets skyrocketing. On Tuesday, ether traded just over $1,600. Yet, it has quickly retraced 2% to $173 during the past 24 hours. This crypto winter has resulted in more aggressive short selling, as well as a...
Let's cut to the chase. We know you’ve come because you’re just as curious as you are skeptical, or maybe even a believer already — we don’t care. I’m quite sure that a return to the $100,000+ level and beyond is not only possible. Well, it’s unavoidable, and here’s how....
Last week Bitcoin grabbed headlines once again as the price of Bitcoin skyrocketed over $84,000, with the highest price hitting over $84,711. However, even with all of the downturns in more mainstream markets, the increase was significant. The Nasdaq 100 was down just 0.2% on the week, with the Dow...
Bitcoin teeters, doesn't it? It’s been teetering just above that $84,000 level, a high wire act of the digital age, balancing profit and peril. Ali Martinez, and millions of other analysts are claiming it’s preparing to breakout in a HUGE way. The real question is not when it moves, but...
Transaction fees on the Ethereum and Bitcoin networks have tanked, falling well below levels reached after prior spikes. This historic 66% cut delivers much needed cost relief for users. Until now, they faced unbearable transaction costs whenever they tried to operate on these rapidly-adopted blockchains. A handful of reasons led...
Or Andrew Kang’s even more gigantic $200 million Bitcoin long position! Let's face it, it’s a wake-up call. A single Trump Truth Social post fueled the very first $100 million. In response to the political and economic shock of that post, a tariff pause soon happened. While the SEC is...
In 2021, the NFT market soared to $41 billion, generating buzz among big-time investors, creators, and entertainers. Like many overinflated markets, it soon suffered a heavy correction, often called the “NFT winter.” This article explores the reasons behind the NFT market crash, offers advice for current NFT holders, and discusses...
One Tokyo-listed firm, dubbed “Asia’s MicroStrategy,” has taken the plunge. Just recently, they increased their Bitcoin reserves by buying up 3.78 billion yen, or $26.3 million worth. This announcement is made even as concerns continue to rise about the potential introduction of trade tariffs in the U.S. and their destabilizing...
After the recent instability in Bitcoin’s price, it has stabilized above $84,000 since East Asian markets opened for the week. This continued stability occurs despite continued mixed signals from the U.S. regarding semiconductor tariffs. Meanwhile, positive developments are taking place across Asian crypto markets, particularly in Hong Kong. The resulting...
So despite a tumultuous few months for the NFT market, Magic Eden CEO Jack Lu remains optimistic. In a positive outlook for the future of NFTs, he told Fortune that…At BlockTraderHub.com, we're committed to bringing you the latest insights into the crypto world, and Lu's perspective offers a valuable outlook...