Author
Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
MicroStrategy Pushes Forward with Bitcoin Strategy Despite Market Crash
Since 2020, MicroStrategy has purchased Bitcoin for its treasury and holds 214,400 BTC. At the current Bitcoin price of $57,861, these holdings are worth approximately $12.41 billion. Despite the company’s aggressive Bitcoin acquisition strategy, MicroStrategy’s stock price dipped by 6.95% last week, closing at $1,281.72. This marks a 27.86% drop over the past six weeks. …
Sohrab Khawas·8 Jul 20241 min
Here’s Why The Bitcoin (BTC) Price Could Skyrocket This Week!
Following an intense bearish week, the BTC price struggles to sustain dominance at critical support levels. Dropping under the $56K level this Monday, the selloff rally is gaining momentum. With institutions adding to the retail FUD rally, the broader market sentiment is fearful. However, some hope of a bullish reversal chances are starting to light …
Sohrab Khawas·8 Jul 20242 min
With Bitcoin Under $56K, Why Is The Crypto Market Crashing Today?
With a 4% drop on Sunday, the bears overwhelmed the Saturday recovery in Bitcoin and put the altcoins market back into the bear zone. Undermining the chances of a recovery week, the increasing supply influences a downfall this Monday in the early Asian trading hours. Bitcoin is trading at $55,269 with an intraday loss of …
Sohrab Khawas·8 Jul 20243 min
Top Three Altcoins To Buy Next Week
Surviving a market crash, the altcoins market signals a potential recovery rally in the upcoming week. As Bitcoin reverts from $52,500 to $56,5000, the low-cap altcoin skyrockets with increased momentum. As the cryptos are ready to overcome the massive supply dump, these low-cap crypto gems are worth looking out. So, let’s examine our choice of …
Sohrab Khawas·6 Jul 20242 min
Top Cryptos To Buy Now As Crypto Market See Reversal
Relighting the hopes of a bull market, the overnight reversal in Bitcoin projects a potential recovery in the altcoins. With the BTC price back to $56,500 and Ethereum above $3,000, the altcoins market is quick to bounce back. With the meme coins and other altcoins quick to bounce back from the market crash, the bull …
Sohrab Khawas·6 Jul 20242 min
Crypto News Today: Bitcoin and Altcoins Reversal, Is Market Bottom In?
Following a sharp bearish extension to the $53,500 level, the crypto witnesses a magical overnight return in Bitcoin of 4.18% in 8 hours. With $134 million worth of short positions liquidating in Bitcoin and Altcoins, the recovery sentiments are kicking back. As the weekend arrives, the downfall takes a halt while the threat of immediate …
Sohrab Khawas·6 Jul 20243 min
Meta Tokens Fall Like A Comet As Altcoins Market Crashes
The broader market sentiment is in complete shambles, with the crypto market losing almost a billion ($900M) in long liquidations. As the FUD run dominates and a market-wide domino effect is at play, the meme coins, meta tokens, and AI tokens are all registering a bearish week. While the majority of meme coin holders are …
Sohrab Khawas·5 Jul 20242 min
High Potential Altcoins To Recoil Stronger Next Week
In the crashing crypto market, the top and trending altcoins are hit by 20% or more correction within a day. As the selling pressure intensifies all over the market, investors are quick to exit such trending and hype-driven coins. While many retest their crucial support areas, the increasing supply pressure warns of a bearish weekend. …
Sohrab Khawas·5 Jul 20242 min
Ethereum’s Bloodbath Hits $2900 With 8.88% Downside Risk This Weekend
Ethereum price fall breaks under crucial supports and the $3,000 mark as the crypto market collapses. Will the downfall hit $2,600 this Sunday? With a bullish end last Sunday and a 1.75% jump, Ethereum holders did not expect a crash this week. However, with the release of the Mt. Gox Bitcoin payout, the crypto market …
Sohrab Khawas·5 Jul 20243 min