Two Solana-based memecoins, Bonk (BONK) and Dogwifhat (WIF), have registered substantial gains over the past 24 hours. BONK recorded a 35% increase, while WIF climbed by 19%, positioning them among the top three gainers in the top 100 cryptocurrencies by market cap today. Only Hedera Hashgraph (HBAR) surpassed them, with a notable 44% rise during the same period. Resolution Of Solana’s Congestion Issues Spurs Memecoins The significant uptick in these Solana memecoins is closely linked to the recent improvements in the Solana network’s performance. A tweet from SolanaFloor earlier today indicated, “BREAKING: Solana’s congestion issues have been completely resolved, with block production back to normal. Transactions confirming in under 2 seconds.” This announcement marks a pivotal moment for the network which had been plagued by congestion issues. Source A: https://t.co/2TVnbaPNlHSource B: https://t.co/GfHxy8dC1B — SolanaFloor | Powered by Step Finance (@SolanaFloor) April 24, 2024 On April 15, Solana developers rolled out crucial updates designed to alleviate these problems, urging validators to adopt version v1.17.31. This version introduces changes in the treatment of validators based on their stakes. Further enhancements are anticipated with the release of version v1.18 next month, which will include a new scheduler, albeit disabled by default. Related Reading: Solana Meme Coin Massacre: 12 Projects Gone In 30 Days, $27 Million Vanished Andrew Kang, founder of Mechanism Capital, remarked a few days before the fix, “Let’s also not forget that the Solana congestion issues have weighed down SOL and Solana-based memecoins significantly. It’s not a question of if but when the network is significantly improved. That’s your springboard.” Kang’s comments now seem prophetic as the resolution of network issues has indeed acted as a springboard for memecoin valuations. Specifics On Rally Of Dogwifhat (WIF) And BONK The price of WIF soared to a 24-hour high of $3.43 on April 24, buoyed by an impressive 96% increase in trading volume. This influx was fueled by notable acquisitions from whales like Ansem, who capitalized on the positive market sentiments. Related Reading: Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update The breakout above the resistance level at $3.18, after a week of sideways trading between $1.97 and $3.18, was a significant trigger. WIF formed a two-week-long ascending triangle, a bullish chart pattern that indicated a continuation of the previous upward trend. The breakout was widely discussed in the crypto community, with trader Bluntz Capital confirming the pattern’s resolution and sparking further bullish sentiment. 2 week long ascending triangle forming here on $WIF, i think the breakout is imminent pic.twitter.com/S0OZWBsq6u — Bluntz (@Bluntz_Capital) April 24, 2024 BONK is registering a dramatic 35% rise, with a remarkable 304% increase in trading volume. The price action successfully breached the 0.236 Fibonacci retracement level at $0.000020727, and continued its upward trajectory to the 0.5 Fibonacci level, signaling strong buying interest and bullish momentum. This rally probably gained additional support from the recent listing of BONK by the global neobank Revolut, which was announced on April 22. This inclusion in Revolut’s trading platform, which features over 150 digital currencies, provided significant exposure and legitimacy, further enhancing investor interest and market activity around BONK. Featured image from Shutterstock, chart from TradingView.com

The Thai Securities and Exchange Commission has been instructed to share information on unauthorized digital asset service providers with the Ministry of Digital Economy and Society. The regulator warned investors using such platforms of the risks they face which include the possibility of being scammed or involved in money laundering. Enhancing Efficiency in Law Enforcement […]

PRESS RELEASE. Monaco, April 24, 2024 – Memereum, a promising project on the BNB Smart Chain, is delighted to announce the launch of its presale. It invites investors to join the movement towards financial empowerment and innovation. With a suite of special financial products and services, Memereum is going to participate in the future advancement […]

Polkadot (DOT), the interoperable blockchain platform designed for connecting different blockchains, is currently caught in a tug-of-war between technical indicators suggesting a potential price dip and bullish predictions from some analysts. Recent price movements paint a somewhat gloomy picture. DOT breached the lower boundary of its ascending trend channel, a technical indicator often interpreted as a sign of weakening momentum. Related Reading: Solana Meme Coin Massacre: 12 Projects Gone In 30 Days, $27 Million Vanished Trading volume also leans bearish, with sellers dominating the market and putting downward pressure on the price. Support seems to be holding around $6.30, but resistance sits stubbornly at $9.40, hindering any upward movement. Polkadot Consolidation Or Correction? However, not everyone is ready to count DOT out. Proponents point to a bullish flag pattern, suggesting a consolidation phase. This consolidation, they argue, is a healthy pause after recent fluctuations and allows for accumulation before the next significant price move. This interpretation finds support from prominent crypto analysts like World of Charts. They believe the current price action is a bullish flag, a technical pattern often seen as a precursor to a breakout. Should this breakout occur, they predict a surge in value, with DOT potentially reaching $15 in the coming weeks. $Dot#Dot Consolidating In Bullish Flag In H4 Timeframe Expecting Upside Breakout & Incase Of Successful Breakout Expecting Move Towards 15$ In Coming Weeks #Crypto pic.twitter.com/nZkfjMoeDL — World Of Charts (@WorldOfCharts1) April 22, 2024 Uncertain Future For Polkadot? The conflicting technical signals make Polkadot’s future trajectory difficult to predict. The short-term outlook appears shaky, with potential for a price dip in the coming days or weeks. However, the long-term picture remains more optimistic. Polkadot’s core technology offers a compelling solution for blockchain interoperability, a major hurdle in the crypto industry. If the project continues to develop and gain traction, a significant price increase in the future remains a possibility. Total crypto market cap currently at $2.3 trillion. Chart: TradingView While the potential for a $15 price tag in the coming weeks is enticing, the current technical indicators suggest caution. Ultimately, the price of Polkadot, like all cryptocurrencies, remains highly volatile and susceptible to unforeseen events. The coming weeks will be crucial in determining whether the bulls or the bears will prevail in this ongoing battle. Polkadot JAM Protocol: Integrating Ethereum Smart Contracts, Boosting DOT’s Potential In another development, Polkadot has been at the forefront of blockchain innovation, drawing significant attention from industry stakeholders with recent developments and promising future prospects. A notable milestone is the unveiling of the Join-Accumulate Machine (JAM) Gray Paper, representing a fusion of Polkadot and Ethereum protocols. Related Reading: XRP: 600 Million Token Influx As Whales Make Their Presence Felt This protocol, as explained by the team, aims to establish a global singleton permissionless object environment akin to Ethereum’s smart-contract ecosystem, while also integrating secure sideband computation parallelized across a scalable node network, a concept pioneered by Polkadot. Moreover, the JAM protocol introduces a crucial service supporting existing parachains, allowing developers to continue utilizing Substrate for blockchain deployment. This integration of Polkadot’s infrastructure with Ethereum’s smart contract capabilities and its commitment to DOT underscores a strategic alignment towards interoperability and scalability, potentially reshaping the landscape of decentralized applications and blockchain development. Featured image from Pexels, chart from TradingView

South Africa’s Financial Sector Conduct Authority said on April 22 that it has approved 75 institutions to be licensed as crypto asset service providers (CASPs). The regulator said the unveiling of licensed CASPs is intended to dispel misconceptions arising from the supposedly misleading media reports. FSCA Continues to Receive License Applications The Financial Sector Conduct […]

In his latest essay, Arthur Hayes, the former CEO of crypto exchange BitMEX, introduced a bold investment philosophy he calls the “Left Curve.” This strategy diverges sharply from traditional investment approaches typically adopted during bull markets in the crypto world. Hayes’ essay serves not only as an investment manifesto but also as a critique of conventional financial wisdom, encouraging investors to maximize their returns by embracing more aggressive tactics. Crypto Bull Run Just Got Started Hayes begins by criticizing the common investor mentality that prevails during bull markets, particularly the tendency to revert to conservative strategies after initial gains. He argues that many investors, despite having made profitable decisions, fail to capitalize fully on bull markets by selling their holdings too soon—particularly when they convert high-performing cryptocurrencies into fiat currencies. “Some of you think you are masters of the universe right now because you bought Solana sub $10 and sold it at $200,” he states, challenging the notion that such actions demonstrate market mastery. Instead, Hayes promotes a strategy of sustained investment and accumulation, particularly in Bitcoin, which he refers to as “the hardest money ever created.” Related Reading: Akash Network (AKT) Leads Crypto Top 100 With 46% Rise Today: Here’s Why A central thesis of Hayes’ argument is the critique of fiat currency as a safe haven for profits taken from cryptocurrency investments. “If you sold shitcoins for fiat that you don’t immediately need for living expenses, you are fucking up,” Hayes bluntly asserts. He discusses the inherent weaknesses of fiat money, primarily its susceptibility to inflation and devaluation through endless cycles of printing by central banks. “Fiat will continue to be printed ad infinitum until the system resets,” he predicts, suggesting that fiat currencies are inherently unstable storage of value compared to cryptocurrencies. Hayes extends his analysis to the macroeconomic factors influencing cryptocurrency markets. He describes how major economies like the US, China, the European Union, and Japan are debasing their currencies to manage national debt levels. This macroeconomic maneuvering, according to Hayes, is inadvertently setting the stage for cryptocurrencies to rise. He points out the increasing adoption of Bitcoin ETFs in the US, UK, and Hong Kong markets as a tool for institutional and retail investors to hedge against fiat depreciation. Related Reading: ‘More Upside Is Coming’: Crypto Market Set For 350% Growth, Predicts Glassnode Cofounders This part of his analysis underscores a broader acceptance of cryptocurrency as a legitimate asset class in traditional investment circles, powered by the realization that traditional financial systems are struggling under the weight of unsustainable fiscal policies. Hayes also delves into the strategic aspects of market timing, particularly around events known to influence market dynamics, such as US tax payment deadlines and Bitcoin halving. He notes: As we exit the window of weakness that I forecasted would occur due to April 15th US tax payments and the Bitcoin halving, I want to remind readers why the bull market will continue and prices will get sillier on the upside. This observation suggests that understanding these cyclic events can provide strategic entry and exit points for maximizing investment returns. Emphasizing psychological resilience, Hayes encourages investors to adopt a mindset that resists the conventional impulse to cash out during brief market rallies. “At this moment, I will resist the urge to take chips off the table. I will encourage myself to add more to the winners,” he advises, promoting a long-term view of investment in cryptocurrencies. This approach, according to Hayes, is essential for realizing the full potential of crypto investments, particularly in a market characterized by high volatility and rapid gains. In conclusion, Hayes’ “Left Curve” philosophy is more than just an investment strategy; it is a comprehensive approach that encompasses understanding macroeconomic trends, psychological resilience, and strategic market timing. His essay serves as a guide for investors looking to navigate the complexities of crypto markets with a bold, assertive strategy that challenges traditional financial doctrines. At press time, BTC traded at $66,789. Featured image created with Bloomberg, chart from TradingView.com

A misinterpreted announcement by the HBAR Foundation suggested that Blackrock’s ICS US Treasury Fund was tokenized on the Hedera blockchain in partnership with Archax and Ownera, leading to a significant misunderstanding and a 96% increase in the HBAR token price within 24 hours. However, Blackrock had no direct involvement in the tokenization process, as clarified […]

The cryptocurrency market continues to grapple with volatility, and XRP has been no exception. After a promising start to the year, the price of XRP has mirrored the broader market slump triggered by Bitcoin’s correction. However, amidst the bearish sentiment, a different story is unfolding underwater – one involving deep-pocketed investors, or “whales,” accumulating the altcoin at a significant clip. Related Reading: Solana Meme Coin Massacre: 12 Projects Gone In 30 Days, $27 Million Vanished XRP Whales Accumulate Millions Despite Price Drop While the price of XRP has dipped considerably from its highs in March, whale addresses have been quietly going on a buying spree. According to data from market intelligence platform Santiment, analyzed by market researcher Ali Martinez, addresses holding between 10 million and 100 million XRP have been steadily adding to their holdings since early April. This buying frenzy intensified after XRP’s sharp price drop in mid-April, with whales capitalizing on the lower prices in a classic “buy-the-dip” strategy. $XRP dropped from $0.62 to $0.41, and #crypto whales took notice. They’ve bought over 31 million #XRP in just the past week! pic.twitter.com/3FCA3PR3hi — Ali (@ali_charts) April 23, 2024 The data reveals that these whales have scooped up a staggering 30 million XRP tokens in the past week alone, bringing their cumulative holdings to a hefty 6.75 billion units. This buying spree indicates a potential shift in sentiment among these large investors, who seem unfazed by the short-term price fluctuations and might be betting on XRP’s long-term prospects. Deeper Dive: Whale Activity Hints At Bullish Sentiment Taking a deeper dive, latest data suggests that this accumulation trend began even earlier, on April 5th. Interestingly, this coincides with the tail end of a selling period by these same whales, where they offloaded some of their holdings. However, since April 5th, the buying spree has been relentless, with whales amassing over 600 million XRP in just two weeks. This significant accumulation suggests a renewed confidence in XRP, potentially signaling a bullish outlook from these key market players. Total crypto market cap currently at $2.391 trillion. Chart: TradingView Further bolstering this notion is the recent surge in the number of addresses holding at least 1 million XRP. These “mid-tier whales” have been steadily increasing, with their ranks reaching a near-record high of 2,013 on Tuesday. This broader participation from various tiers of large investors adds weight to the idea that XRP might be undervalued at its current price point. 🐳 The price of #XRP has jumped ahead of the #altcoin pack, jumping +6% and as high as $0.5687 today. The amount of wallets, 2,013, holding at least 1M $XRP has been surging over the past six weeks (rising 3.1%), and is within 1 wallet of the #AllTimeHigh. https://t.co/2ZfC9v79x9 pic.twitter.com/rqKgcOYJJx — Santiment (@santimentfeed) April 22, 2024 XRP Outperforms Other Altcoins Meanwhile, Santiment disclosed that XRP is outpacing the other altcoins in terms of wallet size. Wallets holding 1 million or more coins have increased, with a 3% gain over the last six weeks. The increase of significant XRP holdings indicates that investors’ interest and confidence are rising. Related Reading: The Cardano $1 Dream: Is A Price Explosion Coming Or Just Deja Vu? While whale activity can be a significant indicator of sentiment, it shouldn’t be the sole factor driving investment decisions. However, the recent buying spree by XRP whales is a noteworthy development, suggesting a potential shift in sentiment and a possible turning point for the coin’s price. Featured image from Pixabay, chart from TradingView

Ray Youssef, the former Paxful CEO, has commented on the negative impact of high transaction fees on bitcoin adoption in emerging markets. Youssef stated on social media that the recent developments in the bitcoin fee market have pushed users to alternatives such as USDT on the Tron blockchain over bitcoin in Global South countries. Noones […]

XRP price is recovering higher above the $0.500 resistance. The price is signaling a positive bias and might rally above the $0.580 and $0.600 levels. XRP is attempting a recovery wave above the $0.50 zone. The price is now trading above $0.5150 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.5220 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if there is a close above the $0.580 resistance. XRP Price Aims Higher After a sharp decline, XRP price found support near the $0.3880 zone. It formed a base and started a fresh increase above the $0.450 resistance, like Bitcoin and Ethereum. The bulls were able to push the price above the $0.50 resistance. The price climbed above the 50% Fib retracement level of the downward move from the $0.6420 swing high to the $0.3875 low. Besides, there was a break above a key bearish trend line with resistance at $0.5220 on the 4-hour chart of the XRP/USD pair. The price is now trading above $0.5150 and the 100 simple moving average (4 hours). Immediate resistance is near the $0.5650 level. The next key resistance is near $0.5820 or the 76.4% Fib retracement level of the downward move from the $0.6420 swing high to the $0.3875 low. Source: XRPUSD on TradingView.com A close above the $0.5820 resistance zone could spark a strong increase. The next key resistance is near $0.620. If the bulls remain in action above the $0.620 resistance level, there could be a rally toward the $0.680 resistance. Any more gains might send the price toward the $0.700 resistance. Another Drop? If XRP fails to clear the $0.5820 resistance zone, it could start another decline. Initial support on the downside is near the $0.540 level. The next major support is at $0.5150. If there is a downside break and a close below the $0.5150 level, the price might accelerate lower. In the stated case, the price could retest the $0.4650 support zone. Technical Indicators 4-Hours MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. 4-Hours RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $0.540, $0.5150, and $0.4650. Major Resistance Levels – $0.5650, $0.5820, and $0.6200.

Ethereum price is holding gains above the $3,120 resistance zone. ETH could soon rally if it clears the $3,280 resistance zone. Ethereum extended its increase above the $3,220 resistance zone. The price is trading above $3,165 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,170 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,280 resistance zone. Ethereum Price Aims Higher Ethereum price remained in a positive zone above the $3,000 level, like Bitcoin. ETH extended its increase above the $3,150 and $3,165 resistance levels. It even spiked above the $3,250 resistance. It traded to a new weekly high at $3,263 and recently corrected lower. There was a minor decline below the $3,220 level. Ether dipped below the 50% Fib retracement level of the recent wave from the $3,154 swing low to the $3,263 high. However, the bulls were active above the $3,200 level. The 61.8% Fib retracement level of the recent wave from the $3,154 swing low to the $3,263 high acted as a support. Ethereum is now trading above $3,200 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $3,170 on the hourly chart of ETH/USD. Immediate resistance is near the $3,250 level. The first major resistance is near the $3,280 level. Source: ETHUSD on TradingView.com The next key resistance sits at $3,350, above which the price might gain traction and rise toward the $3,500 level. A close above the $3,500 resistance could send the price toward the $3,550 resistance. If there is a move above the $3,550 resistance, Ethereum could even test the $3,750 resistance. Any more gains could send Ether toward the $3,880 resistance zone in the coming days. Another Drop In ETH? If Ethereum fails to clear the $3,280 resistance, it could start a downside correction. Initial support on the downside is near the $3,200 level. The first major support is near the $3,180 zone and the trend line. The main support is near the $3,120 level. A clear move below the $3,120 support might increase selling pressure and send the price toward $3,030. Any more losses might send the price toward the $2,850 level in the near term. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $3,120 Major Resistance Level – $3,280

The Securities and Exchange Commission (SEC) of the Philippines has requested that tech giants Apple and Google remove Binance apps from their respective app stores. The SEC chairman stated that the blockade on Binance, coupled with the removal of its app, curbs the further spread of its unlawful activities in the country. Binance Apps Pose […]

Bitcoin price climbed above the $66,000 resistance zone and started consolidation. BTC is now eyeing the next move above the $67,200 resistance zone. Bitcoin is eyeing a decent increase above the $67,200 resistance zone. The price is trading above $65,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $65,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $67,200 resistance zone. Bitcoin Price Eyes More Upsides Bitcoin price started a fresh increase above the $65,500 and $66,000 resistance levels. BTC even climbed above the $67,000 level. It traded as high as $67,200 and is currently consolidating gains. There was a minor decline below the $66,500 level, but the price remained stable above the 23.6% Fib retracement level of the upward move from the $64,280 swing low to the $67,200 low. Bitcoin price is still trading above $65,500 and the 100 hourly Simple moving average. There is also a connecting bullish trend line forming with support at $65,900 on the hourly chart of the BTC/USD pair. The trend line is near the 50% Fib retracement level of the upward move from the $64,280 swing low to the $67,200 low. Immediate resistance is near the $67,000 level. The first major resistance could be $67,200. A clear move above the $67,200 resistance might send the price higher. The next resistance now sits at $68,500. If there is a clear move above the $68,500 resistance zone, the price could continue to move up. In the stated case, the price could rise toward $70,000. Source: BTCUSD on TradingView.com The next major resistance is near the $70,500 zone. Any more gains might send Bitcoin toward the $72,000 resistance zone in the near term. Are Dips Limited In BTC? If Bitcoin fails to rise above the $67,000 resistance zone, it could start a downside correction. Immediate support on the downside is near the $66,200 level. The first major support is $66,000 or the trend line. If there is a close below $66,000, the price could start to drop toward $65,400. Any more losses might send the price toward the $64,200 support zone in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $66,200, followed by $66,000. Major Resistance Levels – $67,000, $67,200, and $68,500.

Cosmos developers have successfully rectified a critical security vulnerability in its Inter-Blockchain Communication (IBC) protocol, which had placed assets worth at least $126 million in jeopardy, following a private notification from Asymmetric Research. This flaw, existing in the protocol since its 2021 inception, became exploitable recently with the introduction of new codebase developments but was […]

Recent insights from Glassnode’s cofounders, shared under their X (formerly Twitter) account ‘Negentrophic’ have sparked interest in Bitcoin market dynamics, leading to a promising stabilization and possible price surge. Related Reading: ‘More Upside Is Coming’: Crypto Market Set For 350% Growth, Predicts Glassnode Cofounders Market Sentiments And EMA Trends With Bitcoin’s value recently wavering below the $70,000 mark, a detailed analysis from the cofounders suggests that a strong support level around the $62,000 50-day Exponential Moving Average (EMA) could set the stage for a significant rebound. This crucial support level indicates a strong buying sentiment, indicating the market’s confidence in the cryptocurrency’s value and a potential resistance against further declines. Using the strategic placement of the 50-day EMA as a support point, the analysis suggests that investors might see the current price levels as a solid base, preventing significant downward movements. #BTC potential trajectory may offer Buy-the-dips Opportunities BTC’s 50-day EMA near $62k provides potential support, targeting $72k for a rebound. Shorter EMAs signal a tendency to buy, while longer EMAs suggest a preference for selling. Given BTC’s recent significant gains… pic.twitter.com/3NjUUqa001 — 𝗡𝗲𝗴𝗲𝗻𝘁𝗿𝗼𝗽𝗶𝗰 (@Negentropic_) April 23, 2024 This perspective is reinforced by recent price movements, where despite a pre-halving general dip, Bitcoin has experienced a 7.1% increase in value over the past week, and the same uptick continued in the last 24 hours. Further analysis by the Glassnode cofounders delves into the behavior of EMAs over different durations. Short-term EMAs indicate a growing inclination among investors to buy, while longer-term EMAs lean towards selling. This contrasting behavior between short and long-term EMAs sheds light on the current phase of the market, which seems to be in a period of consolidation after the notable 92% increase in Bitcoin’s price over six weeks earlier in the year. Such insights are vital as they offer a deeper understanding of the underlying market forces and investor behavior during volatile periods. Meanwhile, Glassnode’s team’s analytical approach extends beyond simple price movements. Yesterday, they compared the current market conditions to the early 2021 “strong correction,” which they term “wave 4” of the ongoing market cycle. This historical perspective provides a lens through which current trends can be evaluated, suggesting a cyclic return to bullish conditions reminiscent of past market behaviors. Bitcoin Bullish Projections And Market Dynamics Bitfinex analysts have highlighted significant activities around Bitcoin withdrawals, supporting the optimistic outlook on Bitcoin. The current levels, echo those of January 2023, suggest that investors are increasingly moving their Bitcoin to cold storage—a sign that many anticipate further price increases. Related Reading: Analyst Reveals Bitcoin’s Bull Market Breakthrough: Here’s What You Need To Know Veering back to Glassnode’s projections yesterday based on their indexes and Fibonacci levels, the cofounders were boldly optimistic, anticipating a potential 350% increase from current market levels. The #Crypto Bull Market Continues. “OTHERS” follows Crypto excl. the largest 10 Cryptos. Observe that we in early 2021 had a strong correction. We believe that was a wave 4. We now have a similar strong decline. More upside is coming. This index and our Fibonacci levels… pic.twitter.com/qKtIOSXneP — 𝗡𝗲𝗴𝗲𝗻𝘁𝗿𝗼𝗽𝗶𝗰 (@Negentropic_) April 22, 2024 Notably, this forecast highlights the expected financial trajectory and underscores a growing confidence among experts and market analysts in Bitcoin’s market performance and its foundational economic principles. Featured image from Unsplash, Chart from TradingView