Crypto analyst Benjamin Cowen is predicting a potential downturn for Cardano (ADA), depending heavily on US economic news. His analysis, shared with his 857,000 YouTube subscribers, suggests a significant drop is possible. Bad Economic News = Bad News for ADA? Cowen’s main concern centers around upcoming US economic data releases. If unemployment or inflation figures…
A crypto analyst who correctly predicted the 2021 Bitcoin crash thinks BTC could see a significant drop before a major price surge. Potential Price Drop and Subsequent Surge Dave the Wave, a popular analyst on X (formerly Twitter), believes Bitcoin might fall to around $82,000. He bases this prediction on a repeating pattern observed in…
Cardano (ADA) is looking shaky, and one analyst predicts a potential price drop. A Bloody 15% Drop? A recent analysis on the 4-hour chart shows Cardano breaking below key support levels (Exponential Moving Averages or EMAs). Four consecutive down days have triggered a bearish outlook. The analyst, from SwallowAcademy on TradingView, warns of a possible…
A recent memo suggests a massive shift is coming in the corporate world: many companies are about to start buying Bitcoin. The Bitcoin Corporate Buying Spree Matt Hougan, Chief Investment Officer at Bitwise, predicts that hundreds of companies will add Bitcoin to their treasuries within the next 12-18 months. He believes this will significantly boost…
A new US administration is taking shape, and with it, a potential shift in how the government views cryptocurrency. This has some politicians worried. A Pro-Crypto Treasury Secretary? Donald Trump’s incoming Treasury Secretary, Scott Bessent, is a known figure in the finance world. Trump himself has touted Bessent’s appointment, suggesting he’ll help solidify the US’s…
A popular crypto analyst, Credible Crypto, predicts a massive price surge for Ethereum (ETH) later this year. However, they caution that a dip is likely first. Ethereum’s Predicted Price Action Credible Crypto, who boasts a large following on X (formerly Twitter), believes Ethereum is primed for a significant rally. Their ideal entry point for long-term…
Banks Get the Green Light for Crypto Custody? Incoming President Trump is reportedly planning an executive order that will let banks hold Bitcoin and other cryptocurrencies for their customers. This would overturn a current rule that makes things difficult for banks dealing with digital assets. Reversing the Rules The order aims to scrap a guideline…
MicroStrategy, the software firm led by Michael Saylor, has added another 2,530 Bitcoin to its massive holdings. This latest purchase, costing roughly $243 million, brings their total Bitcoin stash to a whopping 450,000 BTC. A $28 Billion Bitcoin Bet At current prices, MicroStrategy’s Bitcoin holdings are valued at approximately $28.2 billion. Saylor announced the purchase…
Analysts believe the Bitcoin market can handle a massive upcoming sale of government-held Bitcoin without major price drops. Billions of Bitcoin on the Block The US Department of Justice (DOJ) is planning to sell off approximately $6.5 billion worth of Bitcoin. This Bitcoin was seized years ago in connection with the now-defunct Silk Road online…
Financial expert Raoul Pal believes Bitcoin is showing signs of a massive price increase, similar to its 2016 performance. Bitcoin’s Past Echoes the Present Pal, a well-known figure in the finance world, points out that Bitcoin’s current market behavior resembles the pattern seen just before its dramatic rise in 2016. Back then, Bitcoin went from…
