Author: Timmy Grimberg

BONK’s RSI and OBV revealed strong bearishness over the past month A bounce to $0.00004 might be likely, but whether the market structure can shift bullishly would depend on capital inflows BONK fell by 59% in 30 days from 20 November to 20 December.  This steady downtrend saw some sizeable selling volume on certain days, such as 9 December, when Bitcoin [BTC] faced rejection from the $100k- level. Since then, the memecoin has struggled to hold key support levels. In fact, the latest BTC correction sent BONK to another vital support level at $0.0000265. BONK bulls attempt to scale the…

Jeremy Rubin released a proposal two weeks ago titled Un’FE’d Covenants (FE = Functional Encryption). Given the ongoing debate over covenant proposals for Bitcoin the last year or two, his proposal marks a new practical option. All covenant proposals so far require a soft fork (actual opcodes), the development and implementation of unproven cryptography (Functional Encryption), or an absurdly high monetary cost to use (ColliderScript). Jeremy’s proposal requires no softforks, and does not impose a burdensome and impractical cost on users to utilize. The trade off for that capability is a radically different security model. By using a system of…

Join Our Telegram channel to stay up to date on breaking news coverage Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend…

Vaneck’s projection of bitcoin reaching $180,000 by the end of 2025 is considered ambitious but possible, with experts citing BTC’s historical outperformance and potential U.S. strategic reserve status as key factors. Bitcoin as a Strategic Reserve The leading asset manager Vaneck‘s projection of $180,000 for bitcoin (BTC) by the end of 2025 is “ambitious but […]

Altcoin resumed its decline, approaching a month-long consolidation range that it previously broke out of. Technical indicators revealed a strongly bearish market Following a week-long downturn, one during which the altcoin dropped significantly by 15.22%, AXS market bulls made a comeback. Their efforts pushed the asset up by 10.22% in the last 24 hours, offering a glimmer of hope. However, further analysis by AMBCrypto suggested that Axie Infinity [AXS] remained bearish at press time. In fact, the prevailing downturn could deepen, with the altcoin likely to fall further on the charts now. A return to consolidation AXS has been on…

Este artículo también está disponible en español. The native token of the decentralized smart contract platform Sui (SUI) kicked off the week with an all-time high of $4.96, buoyed by an overall bullish trend in the cryptocurrency market. The momentum was short-lived, as SUI experienced a significant retracement on Friday, plummeting nearly 30% to $3.49. However, the token rebounded swiftly, stabilizing at approximately $4.55, representing a 12.8% increase from the week’s low and just 8.9% shy of its record price, SUI Surges Amid Market Volatility In stark contrast, major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have continued to experience downward…

Join Our Telegram channel to stay up to date on breaking news coverage Meme coins have taken the crypto world by storm, blending humor with high-growth potential in a way that attracts all types of investors. With December 20 bringing new opportunities, now is the perfect time to discover the top meme coins to invest in today. Among the frontrunners are OctonetAI, a blockchain-based AI platform with massive growth potential; Toshi, a standout in the Base ecosystem with its community-driven NFToshis 2.0; and Memes AI, which merges viral meme culture with cutting-edge AI. These tokens are turning heads in crypto,…

As Bitcoin continues to mature, one of the most telling indicators of its longevity and integration into the broader financial ecosystem is the rapid growth of Bitcoin Exchange-Traded Funds (ETFs). These products—offering mainstream, regulated exposure to Bitcoin—have garnered substantial inflows from both institutional and retail investors since their inception. According to data aggregated by Bitcoin Magazine Pro’s Cumulative Bitcoin ETF Flows Chart, Bitcoin ETFs have already accumulated more than 936,830 BTC, raising the question: Will these holdings surpass 1 million BTC before 2025?The #Bitcoin ETFs have already accumulated 936,830 #BTC! 🏦Will this surpass 1,000,000 BTC before 2025? 🪙 Let me…

GALA saw strong bearish momentum in recent days that drove the RSI below 50 OBV fell to reflect selling, but the liquidity pooled around $0.052 GALA, at the time of writing, was up 35.4% from its local low at $0.0295, formed less than 24 hours ago. Bitcoin’s [BTC] volatility dragged sentiment across the market through the mud, and many altcoins shed more than 20% to 30% from their local high to the local bottom. In fact, GALA experienced a 55% drawdown from $0.0665 to $0.0295. At press time, it was trading at $0.04. In the coming days, it could consolidate…

Two Southern California men, Gabriel Hay and Gavin Mayo, face charges for allegedly defrauding investors of over $22 million in cryptocurrency through fraudulent NFT and digital asset schemes. The indictment reveals they conducted a series of “rugpulls,” soliciting funds for NFT projects that were abandoned after collecting investments. The alleged scams involved projects like Vault […]