A Minnesota state senator is proposing a bill that would let the state invest taxpayer money in Bitcoin and other cryptocurrencies. This is a big shift for Senator Jeremy Miller, who used to be skeptical of crypto. From Crypto Skeptic to Crypto Advocate Senator Miller recently stated that after doing his research, he’s become a…
Ethereum’s price has been stuck below $2,000 for a week, and it doesn’t look like it’s going to recover anytime soon. Things have been tough since early March, with sellers dominating the crypto market. Elliott Wave Theory Predicts Continued Bearish Trend Interestingly, some technical analysis using Elliott Wave theory suggests this bearish trend will continue….
A popular crypto analyst is predicting some big moves in the crypto market, with both bullish and bearish forecasts. Let’s break down his predictions: XRP: Potential Price Collapse The analyst warns that XRP, the payment token, might be heading for a significant price drop. He points to a bearish “head-and-shoulders” pattern on the chart, a…
The crypto world is reportedly retaliating against the Securities and Exchange Commission (SEC), calling it an “Italian vendetta” for tough regulations under the Biden administration. A Targeted Attack? A Politico report claims that major players like Ripple, Coinbase, and Gemini are targeting SEC officials. A former SEC employee, speaking anonymously for fear of industry reprisal,…
Venture capitalist Dan Tapiero is sticking to his bullish Bitcoin prediction, even with the recent price dip. He believes the cryptocurrency is poised for a major rally. A Dip, Not a Crash Tapiero acknowledges Bitcoin’s recent correction – a roughly 24% drop from its all-time high. However, he sees this as a temporary setback. He…
Bernstein Analysts Bullish on Coinbase Investment firm Bernstein believes Coinbase (COIN) stock is poised for a major jump. They predict a potential 72%+ increase in value, setting a price target of $310 per share (up from $180). This optimistic outlook is largely driven by anticipated pro-crypto regulations under a potential Trump administration. Trump’s Regulatory Push:…
A crypto analyst is predicting a significant Bitcoin price drop, forecasting a crash to $40,000. Let’s dive into the details. Halving Cycles and Market Predictions The prediction is based on Bitcoin’s historical price cycles, tied to its “halving” events (which happen every four years). These events seem to alternate between bull markets (prices soar) and…
Peter Schiff, a well-known economist, isn’t optimistic about Bitcoin’s future. He predicts a massive price drop, potentially as much as 85%, if the stock market takes a dive. Bitcoin and the NASDAQ: A Troubling Correlation? Schiff sees a strong link between the NASDAQ and Bitcoin’s price. He argues that when the NASDAQ falls, Bitcoin follows…
Ethereum’s price has been a rollercoaster, leaving many investors feeling gloomy. But some analysts are predicting a surprising turnaround. A Controversial Prediction One analyst, using Elliott Wave Theory, believes Ethereum is poised for a major rally. Their analysis suggests that Ethereum is currently in a corrective phase (Wave 4) and is nearing the end of…
The Federal Reserve’s (Fed) upcoming decision is a big deal, especially for Bitcoin. Everyone’s watching to see what happens. The Fed’s Decision and its Impact on Bitcoin The Fed is almost certainly going to keep interest rates the same this time. However, their “Dot Plot”—which shows what policymakers think will happen to rates in the…
