#CryptoAnalysis

In light of recent market dynamics, Markus Thielen, a prominent analyst known for his accurate forecast of Bitcoin’s surge, is now predicting a downturn for Bitcoin and broader risk assets, according to a CoinDesk report on Tuesday. Thielen, leading 10X Research, has issued a warning about a likely significant market downturn triggered by persistent inflation…

In a notable cryptocurrency event, Bitcoin Cash (BCH) witnessed its second halving on April 4, 2024, setting the stage just over two weeks before Bitcoin’s much-anticipated halving. This halving event slashed the mining rewards for BCH from 6.25 to 3.125 per mined block, a pivotal moment recorded at the 840,000th block. Leading up to this…