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The market’s anticipation of a possible Bitcoin (BTC) rebound seems to have been dampened, considering that indicators suggest further downside in the coming days. In line with this, trading expert Alan Santana projected in a TradingView post on June 23 that investors should expect a ‘ major low’ for Bitcoin before experiencing any rebound. Turning to the timing of the next major low, Santana based his speculation on historical patterns. The analyst observed that it took exactly 48 days for Bitcoin to establish a major low after the all-time high. Using this pattern, he predicted two potential dates for the next low: July 8, 2024, and July 25, 2024. Picks for you Large companies' bankruptcies 'riding rapidly' to second-largest number in 14 years 48 mins ago ...

Some cryptocurrency analysts, experts, and researchers believe we are already in a bull market since 2023. Others believe cryptocurrencies have just started rising from consolidation, while some think there is a long way ahead before getting optimistic. Dr. Martin Hiesboeck, Head of Research at Uphold, belongs to the second group. Particularly, Dr. Hiesboeck declared this cycle’s bull market start ing on January 24 through a post on X (formerly Twitter). “Today begins the biggest bull market in crypto history. Just a thought.” – Dr. Martin Hiesboeck, Head of Research at Uphold Uphold’s top researcher declares start of major crypto bull market. Source: X (@MHiesboeck) In retrospect, bear and bull markets are identified by zooming out the charts, spotting tops and bottoms in long time frames. However, the shorter the time frame, the harder to properly identify these cycles’ marks through startings and endings. Bull market? Crypto total market cap analysis Techno...

Coinbase said Wednesday that Coinbase Advanced, its trading platform aimed at more sophisticated traders, will offer “up to 4% rewards on the USDC that they hold on Coinbase or on any USDC used in open orders.” Coinbase launched 4% rewards on USDC for all Coinbase customers on June 15, adding the caveat that the “rate is subject to change and can vary.” According to an FAQ article, Coinbase doesn’t lend out the USDC in its customers accounts, claiming it “has no right to use” those funds. “USDC Rewards is a loyalty program that is funded with Coinbase’s own funds. The program is designed to incentivize more of our customers to use Coinbase services to store their USDC,” the FAQ continued.  The 4% yield offering is significant because it rivals what major banks give in terms of APY for their high yield savings accounts. Apple’s savings account, which launched in April and is tied to its credit card, offers 4.15% APY.  And according to Bankrate, which tracks and rates financi...