Bernstein Report: Bullish Crypto Cycle After FTX Collapse
A recent report by Bernstein suggests that the cryptocurrency market is entering a new bullish cycle following the collapse of FTX.
bull run
Metrics: 2022 Was Not Really Brutal of a Bear Market
The market has made around $213 billion in realized losses over 2022 contrasting with realized gains of $455 billion during the bull run in 2021. Read more on CNL.
Next Ethereum (ETH) Bull Run Will Hit $15,000, See How
The crypto community discusses where the price of ETH will go next following its next bull run. Many say $15,000 will be ETH’s next ATH.
Crypto Traders are Still Bullish for September
September is notorious for being a tough month for the cryptocurrency market. This September could be a good month for the markets. Last month felt irrational, with people calling new lows to come soon. September is known for being a bad month for the cryptocurrency markets. According to reports, this year, September has been a prospective month for the markets. The total market capitalization of all cryptocurrencies has increased significantly in the previous month and this month at large, while the price of Bitcoin (BTC) has surged by more than 1% in the last 24 hours. According to data from
Bullish Bitcoin Hangs on Turbulent Political Standoffs
Crypto analysts debate the place of crypto over the next few weeks. Digital currency may sink or swim depending on various factors in play. Most of these factors include geo-political tensions around the world. The previous week has been good to the crypto community. Both Bitcoin (BTC) and Ethereum (ETH), the powerhouses of the crypto sector, are showing bullish signals. Accordingly, many investors experienced decent pumps. On the other hand, this week seems to be dealing strife to the crypto community. Just yesterday the Nomad Token Bridge lost almost $200 million in a crypto hack. In addition, Solana underwent a
Bull Market Already? Bitcoin Price $60K, Ethereum Price $3.8K
Bitcoin price recently hit $60,000. Ethereum price is nearing $4,000 once again. The crypto space is ecstatic, as the crypto prices of major assets are showing bullish performances. For a brief moment, Bitcoin price reached $60,000, a price that it has touched last May before going into a massive plummet. At the time of writing, BTC price is at $59,907.43, according to CoinGecko. Currently, Bitcoin’s price action is well above the 50-day and 200-day Simple Moving Averages (SMA). This shows that the BTC price has performed satisfactorily in the last weeks. The asset may only be gaining enough support at
Next Crypto Bull Run in July, August, Says Justin Sun
In an interview with Bloomberg, TRON Founder Justin Sun said that the crypto bull run is not yet over this 2021. According to Sun, June will be an adjustment period for the market, while the bull run will begin in July or August. He cited that USDT on TRON has reached about $13 billion in volume. TRON Founder Justin Sun recently graced Bloomberg in an interview, discussing the cryptocurrency market’s possible outlook in the next coming months. According to him, the crypto bull run is not yet over this 2021. As per Sun, the crypto market will have an adjustment
