Connect with us

Crypto

Cryptocurrency Guru Forecasts 30% Bitcoin Plunge Amid Market Volatility

Published

on

Cryptocurrency Guru Forecasts 30% Bitcoin Plunge Amid Market Volatility

In the tumultuous and unpredictable landscape of cryptocurrency, the latest buzz making the rounds originates from renowned cryptocurrency guru, Cold Blooded Shiller, who has offered a bleak forecast for the near future of Bitcoin. His predictions suggest that Bitcoin is tottering on the edge of a significant downturn, and it could plummet as much as 30% amidst the current market’s heightened volatility.

The peculiarity of an imminent Bitcoin crash, as per Shiller’s outlook, is based on the cryptocurrency’s current stability and newfound vigor. His viewpoint acknowledges the myriad factors that are currently shaping the nascent segment, ranging from Exchange Traded Funds (ETFs) and fundamentals to the anticipated Halving phenomenon.

⭐ Follow us on Google News! ✔️

What’s more compelling is the historic pattern of Bitcoin undergoing substantive 30% pullbacks, and Shiller asserts that history could be all set to repeat itself. If his prophecy pervades, the value of Bitcoin stands a chance to plummet to a staggering low of $51,000 in the forthcoming months.

Advertisement

Taking a leap back into time, the seasoned analyst recalled a previous post that equipped potential investors with insights into capitalizing on such market shifts. Shiller remains cautiously optimistic about Bitcoin undergoing the aforementioned correction. If that happens, it could trigger a cascading effect on altcoins, potentially causing them to nosedive nearly 50%.

As per his ideologies, Shiller noted that quite a few investors are engrossed in reaping profits amidst a bull cycle often overlooking the inherent risks during such a period. He put forth his stance, advising about risk management that can brace a 30% downside and ensuring a continuous buying process.

The analyst strongly advocates for a systematic and comprehensive understanding of the bullish market’s landscape teeming with opportunities. He urges investors to review their risk management strategies and investment tactics to adeptly steer through the ever-evolving cryptocurrency ecosystem.

Meanwhile, the Bitcoin price has sustained a downward trajectory, stooping to $63,000, despite hinting at a recovery on Monday, it seemed to be a fleeting respite. Over the most recent 24-hour window, the crypto asset has slipped by 5%, sending ripples across the general market.

At the pivotal moment of writing, Bitcoin was trading at $63,854, shedding over 10% throughout the past week. In a span of the last day, the trading volume saw a bone-sparing 1% increment, meanwhile, its market capital drained by over 5%.

Advertisement

Given the ongoing trend in the crypto market, Bitcoin could be staring at an even steeper fall in the upcoming days. Several analysts are in the consensus of anticipating a further slide before the Halving event due in less than five days.

In an ever-changing marketplace like cryptocurrency, predictions and data may serve as navigational aids, but paths are never etched in stone. Hence, potential investors are always advised to conduct their due diligence and research thoroughly before jumping the investment wagon.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Crypto

An Easy-to-Miss Radio Traffic Jam Is Behind Many Home WiFi Slowdowns

Published

on

An Easy-to-Miss Radio Traffic Jam Is Behind Many Home WiFi Slowdowns

Key Takeaways

Your WiFi can feel rock-solid at midnight and oddly sluggish by breakfast, even when you have not touched a single setting. The culprit is often outside your walls: a crowded slice of public radio spectrum where your router has to negotiate space with every nearby network, plus a grab bag of household gadgets that leak interference. Add peak-hours demand and the signal-blocking quirks of building materials and weather, and “slow internet” starts to look less like a billing issue and more like an invisible traffic problem you are forced to share.

When WiFi slows down without warning

One day your home WiFi feels snappy, the next it drags, even though your router hasn’t moved and your internet plan hasn’t changed. That swing is real, and it’s usually not your imagination or a “bad day” from your ISP. WiFi lives on shared airwaves, and those airwaves get crowded, noisy, and sometimes just plain finicky.

Think of your connection as a conversation in a busy room. Your laptop and router may be talking just fine, but the room itself can fill up fast with other chatter. What looks like a mystery slowdown is often the result of invisible competition and interference that changes hour by hour.

The battle of competing networks

Most homes still rely heavily on the 2.4 GHz and 5 GHz WiFi bands, which are unlicensed spectrum in the US. That “free for everyone” reality is convenient, but it also means your network shares space with your neighbors, their smart TVs, their work laptops, and every nearby router doing the same thing.

Congestion has a rhythm. During common work-from-home and school-from-home windows, especially 8-10 AM, and again in the evening 6-10 PM, more devices are streaming, video calling, syncing, and downloading updates. Even if you pay for fast broadband, your WiFi link can become the bottleneck when the local radio environment gets packed.

Interference inside your home

Your own house can sabotage you. A microwave is the classic culprit because it can leak noise near 2.4 GHz, exactly where many WiFi networks still operate. Older cordless phones, some baby monitors, and even dense clusters of Bluetooth gadgets can add more clutter, especially in smaller apartments where everything sits close together.

Advertisement

Then there’s physics. Concrete, metal, and even water (think aquariums or thick pipes in walls) absorb and scatter radio signals. A router shoved behind a TV, tucked into a cabinet, or stuck in a far corner forces your devices to “hear” through more obstacles, lowering speeds and making dropouts more likely.

Weather, channels, and what you can do tonight

Environmental changes can matter too. Higher humidity and rain can slightly increase signal loss, and shifting temperatures can change how radio waves propagate around a neighborhood. You might never notice on its own, but paired with congestion it can tip a marginal connection into a frustrating one.

The 2.4 GHz band is also channel-limited. In the US there are 11 channels, but only 1, 6, and 11 don’t overlap. Many routers default to “auto channel,” so nearby networks can hop around trying to escape interference, sometimes creating instability. Practical fixes: prefer 5 GHz (or 6 GHz if you have WiFi 6E/7 gear), place the router centrally and higher up, and use a WiFi analyzer app to pick a less crowded channel instead of leaving it on auto.

Continue Reading

Crypto

U.K.’s sanctions on cryptocurrency exchanges signal new focus on illicit digital financing – Compliance Week

Published

on

U.K.’s sanctions on cryptocurrency exchanges signal new focus on illicit digital financing – Compliance Week

Cryptocurrency exchanges believed to be financing Russia’s war in Ukraine have been sanctioned by the U.K. government in the first attempt to prevent evasion via “dark networks.” The move indicates a new focus on digital sanctions evasion, and compliance teams should expect these rules to develop further, potentially in the EU and other jurisdictions.


Avatar photo

Ruth Prickett graduated from Cambridge University with a BA hons in History and has specialized in business and finance journalism for the past 20 years. She was editor of Financial Management, the magazine…
More by Ruth Prickett

Advertisement

Continue Reading

Crypto

Trader Turns $2 Million of ETH Into $14,208 as Lighter Token Rallies 53%

Published

on

Trader Turns  Million of ETH Into ,208 as Lighter Token Rallies 53%

Key Takeaways

Paying 140 Times the Market Price

The transaction was flagged yesterday and the math behind it was brutal. At $2.01 million for 5,776 tokens, the trader paid an effective price of roughly $348 per LIT, about 140 times the token’s market price of $2.46 at the time of the trade. Had the same 1,126.44 ETH, implying an ether price near $1,784, been routed through a deep venue at market rates, it would have bought roughly 817,000 LIT. The wallet received 5,776.

Onchain data showing 1,126.44 ETH ($2.01M) being swapped for only 5,776 LIT ($14,208), resulting in a $2M loss.

Losses of this scale typically occur when a large market order is routed through an onchain liquidity pool with minimal depth and no slippage protection. Slippage refers to the gap between a trade’s expected price and its executed price; most decentralized exchange ( DEX) interfaces let users cap it, automatically canceling any order that would move the market beyond a set percentage. Whether the trader disabled that protection or used a custom route remains unclear.

The setup was especially dangerous because LIT’s float is unusually tight, given roughly 57% of the circulating supply is staked and another 145 million LIT sits locked in liquidity programs (while the token’s deepest markets sit on centralized exchanges and on Lighter’s own platform rather than in public pools).

In those conditions, a $2 million market order can exhaust a pool’s inventory within a single block, with arbitrage and maximal extractable value (MEV) bots capturing the difference almost instantly.

Why LIT Is Red-Hot

Lighter is an Ethereum-based decentralized exchange focused on perpetual futures, the derivatives category that turned rival Hyperliquid into one of crypto’s defining stories. The project describes itself as “the first exchange to offer verifiable order matching and liquidations while delivering best-in-class performance on par with traditional exchanges.”

LIT traded near $2.60 at the time of writing, up 22.5% in 24 hours and 53.3% on the week, making it the second most-searched coin on Coingecko. The token commands a $675 million market capitalization on 250 million circulating tokens, with $533.6 million in total value locked (TVL) on the platform and $116.76 million in daily trading volume.

Advertisement
Trader Turns $2 Million of ETH Into $14,208 as Lighter Token Rallies 53%
Coingecko’s most trending coins as of July 7

Even after the rally, LIT sits 65.7% below its all-time high of $7.86 set Dec. 30, 2025 and roughly 245% above the $0.78 low it printed on March 31.

The surge follows a July 1 tokenomics overhaul in which Lighter said all LIT repurchased with protocol fees will be permanently burned. The first burn destroyed 15.5 million LIT, about 6.3% of the circulating supply, on July 2, and the team set a 6% staking yield target, with the platform directing more than 70% of its daily revenue to the buybacks.

Retail access is widening at the same time. Robinhood Wallet integrated Lighter’s perpetual futures last week, a catalyst that pushed LIT up 24% in a single day, while public praise from Ethereum co-founder Vitalik Buterin added further momentum.

Thin Markets Keep Claiming Victims

Sunday’s botched swap is not the first fortune lost on Lighter’s order books this year. In February, a whale lost $8.2 million attempting to squeeze the platform’s illiquid ARC perpetuals market, with about $2 million of the position liquidated directly on the order book.

Skeptics also note that only a quarter of LIT’s 1 billion total supply is in circulation, leaving a $2.7 billion fully diluted valuation and a long unlock runway once emissions resume. Whether the trader recovers anything is doubtful. MEV operators have occasionally returned funds captured in extreme slippage events, but such refunds are voluntary and rare.

Advertisement
Continue Reading
Advertisement

Trending