The US Treasury is about to unleash a massive wave of Treasury bills (T-bills) onto the market – over a trillion dollars worth in the next year or so. This is to replenish the government’s cash reserves after a hefty fiscal deficit. Money Market Funds Ready for the Surge Money market funds are already sitting…
Bitcoin is on fire, recently blasting past $123,000! Experts are predicting a rocket ride to $140,000 in the coming weeks, fueled by strong technical indicators and positive economic news. $140,000: The New Target Crypto analyst Mr. Wall Street sees Bitcoin’s price action as incredibly bullish. He points to a recent breakout from a technical pattern…
The Bitcoin bull market is taking its sweet time, but that might actually be a good thing. While it’s been slower than some predicted, Bitcoin’s price is still steadily climbing within an upward trend. This delay, however, has pushed potential price targets even higher than initial predictions. Why a Delayed Bull Market Could Be Positive…
Bitcoin is on fire, breaking records and leaving analysts buzzing about even higher prices. One expert, CrediBull Crypto, predicts a smooth ride to $155,000 with minimal dips along the way. The $155,000 Prediction: Wave Analysis and Bullish Momentum CrediBull Crypto’s analysis, based on Elliott Wave theory, points to a strong upward trend for Bitcoin. They…
Bitcoin’s price recently surged past $119,000, exciting many investors. Let’s dive into the details. Technical Indicators Point to Strong Momentum Several key indicators suggest a strong upward trend for Bitcoin. The Relative Strength Index (RSI) is at a whopping 86.02, which is usually a sign of an upcoming price correction. However, the current momentum is…
Bhutan’s government recently made headlines by selling off a significant chunk of its Bitcoin holdings. Over just four days (July 10th-14th), they unloaded about $60 million worth of BTC. A Strategic Move? This wasn’t a complete crypto exit. Data shows they moved 512.84 BTC in six separate transactions to Binance. One transfer alone was a…
SBI Global Asset Management’s CEO, Tomoya Asakura, thinks XRP is more than just another cryptocurrency; he sees it as a major player in a huge global wealth shift. XRP: The Next Big Thing? Asakura made a big statement on X (formerly Twitter), calling XRP the biggest wealth transfer opportunity of our time. He believes traditional…
Vitalik Buterin, Ethereum’s co-founder, recently discussed the potential threat of quantum computers to cryptocurrencies and blockchain technology. While some see it as a distant problem, Buterin offers a more realistic view based on current research. The Quantum Threat: Closer Than You Think? Buterin points to prediction markets like Metaculus, which suggest powerful quantum computers capable…
Ethereum isn’t trying to be the next Bitcoin; it’s got bigger plans. According to Bitwise CEO Hunter Horsley, Ethereum aims to overhaul outdated Web2 systems and traditional finance, not just compete with Bitcoin as a currency. Ethereum: The Operating System of the Future Horsley likens Ethereum to a phone’s operating system. Just like many apps…
BlackRock’s Bitcoin ETF, iShares Bitcoin Trust (IBIT), has hit a major milestone, surpassing $80 billion in assets faster than any other ETF in history. Record-Setting Growth Bloomberg analyst Eric Balchunas reported that IBIT reached $83 billion in assets, making it the 21st largest ETF. This incredible growth took just 374 days, five times faster than…
