A well-known cryptocurrency analyst, Rekt Capital, is predicting a Bitcoin price surge. Their analysis centers around a key technical indicator suggesting a bullish trend. RSI Breakout: A Bullish Signal? Rekt Capital, boasting over 107,000 YouTube subscribers, points to the Relative Strength Index (RSI) as the key. This indicator helps determine if an asset is overbought…
A prominent crypto analyst, known as Credible Crypto, believes Bitcoin (BTC) is poised for a significant price surge. With a large following on X (formerly Twitter), Credible Crypto shared their bullish outlook. Bitcoin’s Breakout Potential Credible Crypto highlighted Bitcoin’s recent price action as a positive sign. The analyst suggests that if Bitcoin can break through…
Raoul Pal, a well-known figure in the financial world, is predicting a significant price increase for Bitcoin. He believes the cryptocurrency has already factored in the worst of the recent market downturn. Pal’s Bullish Prediction In a recent YouTube video, Pal shared his optimistic outlook on Bitcoin’s future. He anticipates a strong performance in the…
A top fund manager is predicting a massive surge in Bitcoin’s price. Matt Hougan, Chief Investment Officer of Bitwise Asset Management, believes Bitcoin will not only surpass gold but reach a staggering $1 million per coin by 2029. He bases this bold prediction on several key factors. Institutional Adoption Takes Off Hougan points to the…
Bitcoin’s recent price action has been accompanied by some interesting on-chain data. Let’s break down what it all means. The “Hot Supply” is Shrinking The “Hot Supply” of Bitcoin, which tracks coins moved in the last week (the most liquid portion), has plummeted. According to Glassnode, it’s down over 50% in the last three months…
Paul Atkins is the new SEC Chairman, and this could be huge for crypto! His confirmation hearing is March 27, 2025, shortly after the SEC dropped its lawsuit against Ripple. This is great news for Bitcoin, new meme coins, and the crypto market in general. Atkins’ Pro-Crypto Stance Atkins’ appointment follows the interim chairmanship of…
Metaplanet, a Japanese company, is making a huge bet on Bitcoin, steadily accumulating BTC despite the constant “Bitcoin is dead” chatter. Their strategy is simple: buy and hold. Metaplanet’s Bitcoin Strategy Since December 2024, Metaplanet has been aggressively purchasing Bitcoin. Their portfolio now holds approximately $268 million worth of BTC, with ambitious plans to own…
The SEC dropped its appeal in the XRP lawsuit, leaving everyone wondering what Ripple will do. While this seems like good news, the situation is still pretty complex. What are the Possibilities? Lawyer Jeremy Hogan outlined four possible scenarios: Ripple Appeals: Ripple could continue its appeal, potentially leading to a higher court deciding whether formal…
Decentralized finance (DeFi) is shaking up the financial world. Built on blockchain technology, it offers a decentralized alternative to traditional finance (TradFi). Think of it as a more accessible, efficient, and transparent way to do things like lending, borrowing, and trading crypto. What is DeFi? DeFi uses blockchain platforms, mainly Ethereum, to provide financial services…
Crypto trader Ali Martinez is warning about potential price drops for several major cryptocurrencies. Let’s break down his predictions. XRP: A Potential Price Plunge? Martinez, who boasts over 133,000 followers on X (formerly Twitter), says XRP is in a precarious position. If it dips below $2, a significant drop to $1.60 is possible due to…
