Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

Over the recent years, the financial landscape has witnessed the meteoric ascent of bitcoin (BTC), a trendsetter in the cryptocurrency domain In particular, bitcoin has showcased an impressive surge of more than 300% since the onset of 2023, with 2024 witnessing a notable price jump of 40%, catapulting its value to a record height of $73,750 in March However, emerging indicators suggest that bitcoin's trajectory towards higher valuations may encounter some fluctuations in the imminent future 200-Day SMA Signals bitcoin’s Price At Crossroads Renowned in the crypto analysis sphere, Ali Martinez recently highlighted on X that bitcoin has descended beneath its 200-day simple moving average (SMA) This occurrence signals potential shifts in its pricing trend...