price surge

We here at MetaBlock X are always searching for the strategic advantage in the fast developing crypto frontier. Today, we're diving deep into a fascinating development that could significantly impact Bitcoin's future: MicroStrategy's aggressive Bitcoin accumulation strategy. Some analysts are referring to this as a “synthetic halving,” and it could...

Since the April 2024 halving, Bitcoin’s total daily energy value has skyrocketed to a dizzying $130,000. For whatever reason, though, today it’s a 40% discount to its intrinsic value. Spot Bitcoin ETF purchasing has blown up this week leading to a staggering +$3 billion in inflows. This enormous enthusiasm spurred...

Bitcoin meanwhile is blasting past the US$90,000 border. This momentum is buoyed by historic macroeconomic changes in the factors of global liquidity, most notably EU interest rate cuts. The combination of a weakening US dollar and increasing monetary stimulus in Europe and China added additional fuel to the price surge....

With Bitcoin in the midst of one of its biggest rallies ever, everyone is asking if the $90,000 milestone is attainable. MetaBlock X explores the reasons behind this rally. That includes celebrating the halving anniversary, USD weakness, rising institutional demand and taking a technical analysis of indicators and the market...

Fast forward one year post-halving, and Bitcoin’s up more than 30%. Not bad, eh? Especially when you consider the world's throwing geopolitical tantrums and the Fed's tap-dancing around interest rates. But don’t go refinancing your mortgage to YOLO straight into crypto just yet—let’s pump the brakes. Everybody’s shouting “This time...

Bitcoin’s correlation with the U.S. dollar has now reached all-time highs88 as Bitcoin continues its journey through unique macroeconomic conditions. Even with this unique anomaly, past data can provide valuable context on where the BTC price may be headed. Peterson is of the opinion that a dollar on the ropes...

The whispers are getting louder. The undercurrents are surging. A U.S. Bitcoin reserve? Climate justice This is no longer the ephemeral progressive pipe dream. With the right political will, though, it can be made into something more concrete and attainable. And that direction, in all honesty, leads directly towards a...

Bitcoin’s bullish run the past couple of months has led to some lively discussions between crypto aficionados and Wall Street analysts. The digital asset experienced a notable 33% surge, prompting questions about whether the traditional four-year halving cycle, historically associated with significant price movements, is becoming obsolete. MegaBlock X digs...

The cryptocurrency market is extremely volatile and can be very unpredictable. Even though you have the opportunity to hit home runs for the public, you stand to strike out big, too. XRP continues to dazzle investors with its unusual spot in the market. This digital asset’s regulators’ spotlight and scrutiny...