XRP’s price might be about to skyrocket, according to a recent analysis. A bullish “Cup and Handle” pattern has formed on the charts, suggesting a significant price increase is on the horizon. The Cup and Handle Pattern Explained The Cup and Handle is a classic chart pattern that often signals a price surge. It looks…
Big Dogecoin investors, often called “whales,” have significantly reduced their activity. This could be a bad sign for the cryptocurrency’s price. Whale Activity Plummets Data shows a massive drop in large Dogecoin transactions – those worth over $1 million. This is a key indicator of whale activity, tracked by analytics firm Santiment. Since mid-November, the…
Jerome Powell, the head of the Federal Reserve, recently changed his tune on Bitcoin, giving crypto investors a little boost of hope. Speaking at the New York Times DealBook Summit, he compared Bitcoin to gold, calling it a “speculative asset” but not a threat to the US dollar. This is a big shift from his…
Dogecoin’s price has been struggling lately, but a new technical analysis suggests a massive price surge is on the horizon. One analyst believes a specific chart pattern points to a potential price target of $11.16. The Setup: An “Adam and Eve” Pattern The analysis focuses on a “macro breakout setup,” specifically an “Adam and Eve”…
Ethereum might be about to blast off! One analyst predicts a huge jump to $3,300 in just a week. Let’s dive into the details. A Bullish Prediction for Ethereum Crypto analyst Ted Pillows on X (formerly Twitter) is super optimistic about Ethereum. He’s forecasting a quick surge to $3,300 in just seven days. He bases…
Ethereum’s price has been stuck below $2,800 for a couple of weeks now. Buyers are struggling to push the price higher, leaving investors a bit nervous. Will it continue to drop, or is a big move coming? A Potential Breakout? Some experts think a breakout is on the horizon. Crypto analyst Carl Runefelt noticed Ethereum…
MasterCard’s crypto and blockchain head, Raj Dhamodharan, predicts a change in how central banks approach digital currencies in 2025. He believes they’ll shift focus from consumer-facing digital currencies (retail CBDCs) to digital assets designed for banks and financial institutions (wholesale CBDCs). A Change in Direction Dhamodharan suggests this shift is partly due to President Trump’s…
A Federal Reserve governor is pushing for new laws to let banks create and manage stablecoins – digital currencies pegged to the US dollar. Stablecoins: Good and Bad Governor Christopher Waller believes stablecoins could be great for the financial system. He sees them boosting access to US dollars, making international payments easier, and improving everyday…
A cryptocurrency analyst, known for accurately predicting the 2023 Bitcoin surge, believes the current price consolidation is a prelude to a significant price increase. Weak Sell-Offs Fuel Bullish Outlook DonAlt, a popular analyst with over 65,000 YouTube subscribers, points to the relatively muted market reaction to recent negative news as a key indicator. He notes…
A crypto analyst is reporting a massive influx of Ethereum (ETH) into the hands of individual investors. This suggests strong confidence in the cryptocurrency. Nearly a Million ETH Vanishes From Exchanges Over 900,000 ETH tokens were withdrawn from cryptocurrency exchanges in just ten days. With ETH trading around $2,731 at the time of this report,…
