A crypto analyst who correctly predicted the 2022 crypto market crash is forecasting another significant downturn for Bitcoin (BTC) and Solana (SOL). Bitcoin’s Potential Bull Trap and Crash The analyst, known as Capo, believes Bitcoin will initially surge to around $100,000, creating a “bull trap”—a deceptive price increase that lures investors before a sharp drop….
The EU’s insurance watchdog, EIOPA, wants tougher rules for European insurance companies that own cryptocurrency. 100% Capital Requirement Proposed EIOPA is recommending that the European Commission force insurers to set aside 100% of the value of their crypto holdings as capital. This applies no matter how the crypto is listed on the company’s books, or…
France’s state-owned bank, Bpifrance, is diving headfirst into the crypto world. They’re launching a massive $27 million venture fund to invest in crypto startups. Focusing on French Innovation This isn’t just any crypto investment. Bpifrance is specifically targeting projects with a strong French connection. The fund will focus on companies involved in decentralized finance (DeFi),…
Dogecoin’s price has been a rollercoaster lately. After a rough start to March, it briefly rallied before dipping again. Currently hovering around $0.17, it could fall further if selling pressure continues. But a key technical indicator suggests a potential turnaround. A Bullish Signal Emerges A crypto analyst, Trader Tardigrade, noticed something interesting on Dogecoin’s weekly…
A big disagreement has erupted in the crypto world over Galaxy Digital’s $200 million settlement with New York’s Attorney General (NYAG). Let’s break it down. The NYAG’s Case Against Galaxy Digital The NYAG accused Galaxy Digital, headed by Michael Novogratz, of shady dealings with the now-defunct Terra (LUNA) token. Specifically, they say Galaxy Digital bought…
Investor Dan Tapiero is predicting a Bitcoin price surge, fueled by upcoming economic shifts. He believes several factors are lining up for a bullish market. Fed Rate Cuts and Increased Liquidity Predicted Tapiero points to a recession probability indicator from Bravos Research, suggesting the Federal Reserve will inject more liquidity into the market and lower…
Veteran trader Peter Brandt is sounding the alarm on XRP, predicting a potential 50% price drop. XRP’s Troubling Chart Pattern Brandt, who boasts a massive following on X (formerly Twitter), points to a “head-and-shoulders” pattern on XRP’s daily chart. This bearish pattern suggests XRP has lost the momentum to continue its upward trend. He says…
Tom Lee, head of research at Fundstrat, predicts a strong stock market rebound starting in April. He believes the odds of a V-shaped recovery are incredibly high. Why a V-Shaped Recovery? Lee points to historical patterns and current market conditions to support his prediction. He notes that the sharp drop in investor confidence and the…
Raoul Pal, a well-known finance expert and former Goldman Sachs executive, is predicting a significant Bitcoin price increase soon. He believes Bitcoin is on the verge of a major upswing. Bitcoin and Global Money Supply: A Key Connection Pal’s prediction is based on his observation of the global money supply (M2) and its relationship with…
Bitcoin’s been on a rollercoaster lately. After a brief surge towards $87,000, it’s tumbled back down, and bears are eyeing a drop below $80,000. The overall market’s feeling the pressure from global economic worries, and Bitcoin’s not immune. Bitcoin’s Struggle Around $82,000 Bitcoin’s currently battling to stay above $82,000. The recent rally stalled at $90,000,…
