Ethereum’s price has been making some interesting moves, and analysts are weighing in on what it all means. Let’s dive into some key technical indicators and see what the experts are saying about ETH’s trajectory in 2024 and beyond. 2024 vs. 2025: A Technical Analysis Analyst Tony Severino compared Ethereum’s price action in 2024 to…
Crypto whales, those big-money investors, made some serious moves recently, gobbling up billions of dollars in XRP and Cardano (ADA) in a single day, according to analyst Ali Martinez. XRP Whale Activity Martinez reported that whales purchased nearly $2.16 billion worth of XRP in just 24 hours. At the time, XRP was trading around $2.41….
The Consumer Financial Protection Bureau (CFPB) unexpectedly dropped a major lawsuit against some of America’s biggest banks. The suit accused JPMorgan Chase, Wells Fargo, Bank of America, and Zelle of failing to protect customers from a staggering $870 million in fraud losses. Millions Lost, Lawsuit Gone The lawsuit, filed just last December, claimed that the…
El Salvador’s Bitcoin experiment is facing major hurdles. The International Monetary Fund (IMF) is pushing the country to significantly curb its use of Bitcoin as a condition for a $1.4 billion loan. Stricter Bitcoin Rules The IMF’s demands are tough. El Salvador must: Stop buying Bitcoin with public money. No more government Bitcoin purchases. Shut…
Coinbase CEO Brian Armstrong thinks the US government’s new crypto reserve should only hold Bitcoin. Armstrong’s Bitcoin-Only Proposal Armstrong, via X (formerly Twitter), suggested a Bitcoin-only reserve would be the best approach. He believes Bitcoin has the clearest path to becoming a digital gold standard compared to other cryptocurrencies. He added that if a more…
A leading market analyst, Tom Lee of Fundstrat Global Advisors, predicts Bitcoin will soar past $150,000 by the end of 2025. This bold prediction comes despite recent price volatility. Bitcoin’s Rollercoaster Ride Bitcoin’s price has been quite turbulent lately. A significant drop of almost 24% in February 2025 shook some investors, even though the current…
A recent analysis suggests Bitcoin is poised for a massive price surge. This prediction is based on a technical pattern known as an Inverse Head and Shoulders breakout. The Inverse Head and Shoulders Pattern Crypto analyst Gert van Lagen spotted an Inverse Head and Shoulders pattern on Bitcoin’s price chart. This pattern, a classic technical…
Bybit, a major cryptocurrency exchange, suffered a massive hack in February, losing roughly $1.4 billion in crypto. CEO Ben Zhou recently gave an update on the situation. The Heist The hack, attributed to the Lazarus Group, involved the theft of approximately 400,000 ETH-related tokens and other assets. This ranks as one of the largest crypto…
Bitcoin’s price has plummeted, sending shockwaves through the crypto market and plunging investor sentiment into “extreme fear.” A Rollercoaster Ride The crypto market started the week strong, fueled by positive news. But that optimism quickly evaporated. Bitcoin, which briefly touched $95,000, crashed to $82,600—erasing all its recent gains and then some. In just 24 hours,…
Mexican billionaire Ricardo Salinas is a big fan of Bitcoin. He recently revealed that a whopping 70% of his wealth is invested in Bitcoin and related assets! Salinas’ Bitcoin Portfolio Salinas, who’s worth around $5.8 billion, says his portfolio is mostly “hard assets” – Bitcoin and gold. He’s practically all-in on Bitcoin, with only 30%…
