Michael Saylor, the co-founder of MicroStrategy (a company that holds a massive amount of Bitcoin), has a radical idea: the US government should sell all its gold and buy Bitcoin instead. He believes this would dramatically shift global financial power back to the US. Bitcoin: The New Global Reserve? Saylor argues that Bitcoin is becoming…
Veteran trader Peter Brandt is making some bold predictions about the cryptocurrency market. He’s particularly bullish on two coins: XRP and Litecoin. XRP Breakout Brandt, who boasts a large following on X (formerly Twitter), claims XRP’s chart is “the most powerful in all of crypto.” He points to a significant breakout, showing XRP’s market cap…
Ethereum is making a comeback! After a recent surge to $4,000 – a price point unseen in three years – it’s looking like a major player in the crypto market again. This rally has experts buzzing about its future. Could Ethereum Hit a New High? Experts believe Ethereum is poised to reclaim its all-time high,…
Dogecoin’s price has shown some interesting patterns over the years, suggesting a potential path to the much-anticipated $10 mark. Let’s dive into the details. Repeating History: Dogecoin’s Bull Cycles A crypto analyst, Dima Potts James, noticed a recurring pattern in Dogecoin’s monthly price charts. They’ve identified three distinct bull cycles, each showing a similar upward…
Coinbase CEO Brian Armstrong is urging the Senate to reject the reappointment of SEC Commissioner Caroline Crenshaw, calling her a “failure” and worse than outgoing chairman Gary Gensler on some crypto issues. He made this statement on X (formerly Twitter), highlighting that the crypto community will be closely watching the Senate Banking Committee’s vote on…
Bitcoin recently hit $100,000, and the crypto world is buzzing about what’s next. Many believe another big price jump is coming soon. Targeting $115,000 and Beyond One platform, IC News, predicts Bitcoin will easily surpass $100,000. Their analysis, using Fibonacci extensions, points to a potential 15% increase, reaching $115,000. They’re even more bullish, suggesting that…
Marathon Digital, a Bitcoin mining company, recently made a massive Bitcoin purchase, totaling over $270 million in just two days. A Massive Bitcoin Acquisition This huge buy followed a successful $850 million convertible note offering. The company used a significant portion of the funds to acquire Bitcoin. According to Lookonchain, a market intelligence firm, Marathon…
Crypto analytics firm Santiment reports a massive Bitcoin sell-off. Miners Cash Out Over the past two days, Bitcoin miners sold off a whopping $8.55 billion worth of BTC. This is the biggest sell-off in the last 10 months, according to Santiment. While this is a significant amount, it’s important to note that this has been…
This holiday season, many Americans are feeling the pinch of inflation. A recent survey reveals a gloomy outlook on holiday shopping and charitable giving. Santa’s Slimmer Sack? A significant 68% of respondents believe inflation will make Santa Claus less generous this year. This sentiment is backed up by the fact that 31% plan to spend…
A former top Federal Reserve official is slamming the idea of the US government holding a Bitcoin reserve. He says it’s a recipe for disaster. Inflation and Debt Concerns Bill Dudley, former president of the New York Federal Reserve Bank, argues that a Bitcoin reserve would only lead to higher inflation and increased national debt….
