Analyst’s Outlook Benjamin Cowen, a renowned crypto analyst, believes that Bitcoin (BTC) could be nearing its bottom. He draws comparisons to the market’s behavior after the 2016 halving event, which occurred eight years ago. Historical Precedent According to Cowen, the current price action resembles that of 2016 more closely than the 2020 halving. This suggests…
A popular crypto analyst, Altcoin Sherpa, believes that Bitcoin’s bull run is not over and predicts a surge to $100,000 by the fourth quarter of 2024. Potential Roadblocks However, Sherpa warns of potential bear cases that could cause a 35% drop in Bitcoin’s value before the rally. He suggests that a move to $50,000 could…
With the US presidential election approaching, the cryptocurrency industry has been buzzing with speculation about how the outcome could impact its future. Cardano Founder’s Concerns about President Biden Cardano founder Charles Hoskinson has expressed strong disapproval of President Biden’s approach to the crypto industry. He believes the Biden administration has actively tried to harm the…
Kraken, a major cryptocurrency exchange, is fighting back against the SEC’s claim that it operated as an unregistered exchange dealing with securities. Kraken’s Argument Kraken argues that the SEC is overreaching by: Confusing primary and secondary market transactions: Kraken claims the SEC is treating initial coin offerings (ICOs) as if they were traded on Kraken’s…
Robert Kiyosaki, the author of “Rich Dad Poor Dad,” believes it’s time to move beyond Bitcoin and invest in Ethereum. Ethereum as a Hedge against Currency Weakness Kiyosaki suggests that Ethereum and other cryptocurrencies can protect against the declining value of the US dollar. He believes that the US dollar is losing its strength due…
SBI’s Commitment to XRP SBI VC Trade, a subsidiary of SBI Holdings, has joined the XRP Ledger (XRPL) as a validator node. This move demonstrates SBI’s dedication to the governance and development of the XRPL. SBI’s Validator Strategy SBI aims to operate a stable validator node and gain recognition from the community. This will allow…
A renowned crypto trader believes Bitcoin (BTC) and two altcoins are poised for significant gains. Bitcoin (BTC) The analyst, known as Inmortal, predicts Bitcoin has further upside based on historical market cycles. He believes there’s potential for “500 more green days.” Chainlink (LINK) Inmortal sees Chainlink in a consolidation phase that could lead to a…
Robinhood’s SEC Notice Sparks Transfer Millions of dollars worth of Dogecoin (DOGE) have been withdrawn from Robinhood Crypto following the company’s receipt of a Wells Notice from the U.S. Securities and Exchange Commission (SEC). Blockchain-tracking platform Bitcoinsensus reports that 164 million DOGE, valued at $25 million, was transferred out of Robinhood after the firm’s crypto…
A recent survey by Digital Currency Group (DCG) reveals that a majority of voters in key swing states have doubts about the fairness of the current financial system. Key Findings Only 38% of respondents believe the financial system is designed for people like them. 80% believe the system favors the wealthy over ordinary citizens. 79%…
Bitcoin’s Range Low Crypto analyst Michaël van de Poppe believes Bitcoin (BTC) needs to maintain its current price levels to avoid a significant drop. If support fails, BTC could potentially lose $10,000 in value, reaching a low of $52,000-$55,000. Promising Altcoins AIOZ Network (AIOZ) Van de Poppe highlights AIOZ as a promising altcoin. He recommends…
