Kraken, a leading global crypto exchange, is accelerating its European expansion plans with a key regulatory approval in the Netherlands. Dutch VASP Registration: A Milestone for Kraken Kraken secured a Virtual Asset Service Provider (VASP) registration from the Dutch Central Bank, marking a significant milestone in its European expansion strategy. This registration demonstrates Kraken’s commitment…
Amidst the recent banking turmoil in the US, prominent financial figures have shared their insights on how investors can protect themselves. Robert Kiyosaki’s Warning and Bitcoin’s Role: Robert Kiyosaki, author of “Rich Dad, Poor Dad,” cautioned investors about a looming banking crisis. He likened the current financial system to US Navy Flight School, where student…
Prometheum’s Strategy Prometheum, an alternative trading platform for crypto securities, recently launched custodial services for Ethereum (ETH). This move has significant implications for the legal status of ETH, the second-largest cryptocurrency by market capitalization. Prometheum’s strategy is to compel regulators, particularly the Securities and Exchange Commission (SEC), to recognize Ethereum as a security. The company…
Ethereum’s Exchange Netflow Indicator Signals Bullish Momentum Exchange Netflow: Tracks the net amount of Ethereum entering or exiting centralized exchanges. Positive Value: Indicates more inflows than outflows, potentially leading to selling pressure. Negative Value: Indicates more outflows than inflows, suggesting accumulation for long-term holding. Recent Trend in Ethereum Exchange Netflow: 14-day EMA: Mostly negative, indicating…
Ethereum staking has reached a significant milestone, with over 25% of the total ETH supply now staked. This is despite the poor performance of the ETH price over the past year. Staking on the Rise Liquid staking protocols like Lido Finance have seen a steady increase in the amount of ETH being staked. As a…
Bittensor (TAO) Altcoin Sherpa, a crypto analyst, believes Bittensor (TAO), an AI-focused blockchain platform, could rise 33% from its current value. TAO has already surged 880% since October 16th, trading at $450.89 at the time of writing. Solana (SOL) Altcoin Sherpa remains bullish on Solana (SOL), an Ethereum competitor, but warns of a potential retest…
Cryptocurrency analyst Ali Martinez predicts a bullish upswing for a top-10 altcoin, XRP, after a prolonged downtrend. Martinez believes XRP could experience a surge lasting one to four weeks based on the Tom Demark (TD) Sequential indicator, a tool used to identify trend direction and potential price reversals. XRP’s Potential Upswing XRP, currently ranked as…
Bullish Outlook for Ethereum Crypto analyst Michaël van de Poppe is optimistic about the future of Ethereum (ETH), the second-largest cryptocurrency by market capitalization. He believes that ETH is poised for a significant rally, potentially reaching $3,500, a level not seen since April 2022. Technical Analysis Van de Poppe’s analysis suggests that Ethereum has successfully…
Bitcoin has climbed above $44,000 for the first time since January, and several factors are believed to be behind this price surge. Bitcoin Whales Accumulate More BTC According to crypto analyst Ali Martinez, Bitcoin whales have been actively accumulating more BTC. In the past two weeks, around 73 new addresses have acquired 1,000 BTC or…
Dave the Wave, a well-known crypto analyst, predicts that Bitcoin (BTC) could reach close to $200,000 by 2025. Logarithmic Monthly Moving Average Convergence Divergence (LMACD) Dave the Wave bases his prediction on Bitcoin’s logarithmic monthly moving average convergence divergence (LMACD), a long-term momentum indicator. He believes that the LMACD indicator shows that BTC has reached…
