Analysis

Cardano (ADA) sees a double-digit percentage rise today, recovering from recent losses, but analysts remain cautious about the sustainability of the rally.

This article explores the debate over Bitcoin’s scarcity. While the 21 million coin cap is a core tenet of its value, critics argue that its divisibility into satoshis makes this scarcity an illusion. Proponents, however, counter that demand outstrips supply, making it a genuinely scarce asset.

Economists indicate that M2 money velocity is unlikely to surge again soon, potentially pressuring Bitcoin’s price short-term, though long-term recovery may follow policy shifts.

Crypto analyst CrediBULL has drawn a striking comparison between Bitcoin’s current price action and the historical chart of the S&P 500, suggesting the world’s largest cryptocurrency may be on the verge of a major parabolic rally.

Companies holding Ethereum as a strategic reserve are facing significant unrealized losses as ETH’s price has dropped by nearly 50% from its August high. Technical analysis suggests further downside potential, adding to the pressure on these firms.