Bitcoin’s price took a tumble after Federal Reserve Chair Jerome Powell declared the central bank can’t legally hold Bitcoin. Powell Says No Bitcoin for the Fed Following a rate cut announcement, Powell addressed questions about the Fed potentially investing in Bitcoin. He stated plainly that current laws prevent the Fed from owning Bitcoin. The Federal…
Ethereum’s price has been looking strong lately, leading many to predict a big price jump soon. But not everyone agrees. A Longer Wait Than Expected? Market expert Ali Martinez thinks we might need more patience. He says Ethereum needs to build more momentum before it really takes off. He’s looking at long-term holder sentiment, and…
Dogecoin’s recent price rollercoaster has some investors looking for greener pastures. After a huge price jump, Dogecoin’s momentum seems to be slowing down, leaving some wondering where to put their money next. Dogecoin: Losing Steam? Dogecoin’s price soared from around $0.15 to almost $0.48 in a couple of months—a massive increase! However, it’s since pulled…
Metaplanet Inc., a Japanese company listed on the Tokyo Stock Exchange, is seriously upping its Bitcoin game. They just issued ¥4.5 billion (about $30 million) in zero-interest bonds to buy even more Bitcoin. This is their fourth bond offering for this purpose. Funding the Bitcoin Frenzy This latest bond sale, officially called “Metaplanet Inc. 4th…
XRP’s price has been on a tear lately! It recently jumped over $2.70, although it didn’t stay there long. But the overall trend is still looking pretty bullish. The $2.72 Breakout Crypto analyst Dark Defender, a known XRP bull, thinks this recent price action is a big deal. He correctly predicted XRP hitting $2.72 a…
A well-known crypto analyst, Pentoshi, is predicting a big jump for Ethereum (ETH). He thinks it will quickly reach a new all-time high. ETH’s Upcoming Surge Pentoshi, who boasts a huge following on X (formerly Twitter), believes ETH could climb over 23% from its current price. He sees Ethereum outperforming Bitcoin (BTC) in the near…
A seasoned crypto trader who correctly predicted the 2021 Bitcoin crash thinks a huge price surge is coming. Analyst Predicts Bitcoin Breakout Dave the Wave, a well-known analyst with a large following on X (formerly Twitter), says Bitcoin’s current tight trading range suggests a big move is imminent. He uses a logarithmic growth channel (LGC)…
A popular crypto analyst, Justin Bennett, is predicting a bullish end to the year for Bitcoin and Ethereum. He believes both cryptocurrencies are poised for significant price increases. Ethereum’s Next Big Move Bennett, who boasts a large following on X (formerly Twitter), foresees Ethereum (ETH) breaking through its current resistance level of around $4,000. He…
A top crypto analyst predicts the US government will create a Bitcoin reserve in 2024, possibly without needing Congress’s approval. Executive Action, Not Legislation? Matthew Sigel of VanEck, a major crypto asset manager, believes the government might simply reclassify its existing stash of around 200,000 Bitcoins (seized in criminal investigations) as a national reserve. He…
This week’s crypto market shows a mixed bag, with some coins struggling while others show promise. Let’s dive into the details. XRP: A Tightrope Walk XRP is currently trading around $2.61 and is facing a crucial test. Support sits between $1.79 and $1.96; falling below this could signal trouble. Resistance is at $2.45 and a…
