Countdown To Crypto Chaos: Expert Warns Of Impending Collapse Post Bitcoin Peak
The recent Bitcoin (BTC) price correction has sent ripples through the broader cryptocurrency market, pushing many assets into the red. On Tuesday, Bitcoin fell below $110,000, marking a 12% decline from its all-time high. Experts are now warning that the situation could worsen as October approaches. Crypto Market’s Imminent Downturn Market analyst OxPepesso took to the social media platform X (formerly Twitter) to explain his decision to liquidate all his crypto holdings by October. He identified key factors based on historical patterns that influenced his decision. According to the....
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Four thoughtful individuals recognized that this year’s chaos wasn’t a pit, but a ladder. And they helped others realize it too. The post These Bitcoin Leaders Saw Ladders In 2020’s Chaos appeared first on Bitcoin Magazine.
Discussing the latest macroeconomic developments and how they relate to Bitcoin, including an IMF warning of imminent collapse.
The XRP market experienced a major rally in the last day following the SEC’s acknowledgment of Grayscale’s XRP ETF filling. According to data from CoinMarketCap, the prominent altcoin rose by 11% reaching a local peak of $2.81 before experiencing a significant retracement to $2.39. With XRP on the rise again, investors must note the asset must scale certain price barriers to validate its current bullish momentum. Related Reading: Ethereum Indicator Flashes Buy Signal On The Weekly Chart – Potential For A Rebound? XRP Must Move Past $3.40 To Retain Market Interest Popular market analyst....
In a recent development, a prominent figure in the XRP community has explained why members of the community should be careful about being so excited about a Ripple IPO. Using historical data, she elaborated on why an IPO isn’t as straightforward and profitable as some might think. Why Investors Should Be Cautious In a post shared on her X (formerly Twitter) platform, Crypto Eri revealed how investors aren’t excited about IPOs in what sounded like a note of warning to those who are ready to go all in if Ripple were to go public. Related Reading: Countdown to Chaos: Ethereum Insider To....
According to countdown statistics based on the average block generation time of around ten minutes, progress toward the next Bitcoin block reward halving has surpassed 60%. However, while most halving countdown clocks leverage the ten-minute average, the countdown leveraging the most current block intervals of around 7:65 minutes shows the halving could occur in 2023.
Faster Block Intervals Suggest Bitcoin Halving Could Happen in 2023
Just recently, at block height 757,214, mined on October 5, 2022, Bitcoin’s total hashrate tapped an all-time high (ATH) at 321.15 exahash....