XRP’s price has skyrocketed, climbing past $1.62 and getting dangerously close to $2. This incredible surge—over 50% since last Tuesday—has everyone talking. But is it all good news? A Pump Fueled by Leverage? While the price action looks amazing, analyst Maartunn suggests this rally is mostly due to leveraged trading, not actual increased demand. This…
Dogecoin’s price is showing some interesting signs, according to analysts. One analyst, Rekt Capital, suggests a potential price surge is on the horizon. The Ascending Triangle Pattern Rekt Capital spotted a possible “ascending triangle” pattern forming on Dogecoin’s price chart. This pattern, often seen in uptrends, could lead to a breakout. If Dogecoin successfully breaks…
XRP is on fire! After a week of sideways movement, it shot up 19.81% on Friday, hitting a high of $1.84. This boosted its market cap to $104.96 billion, making it the fifth-largest cryptocurrency, even surpassing Binance Coin (BNB). A $5 XRP? Maybe, But With a Caveat Analyst EGRAG Crypto sees a potential path to…
A popular crypto analyst predicts a surge in altcoin prices this weekend. Bluntz, a well-known trader with a large following on X (formerly Twitter), shared his bullish outlook. Bullish Signals for Altcoins Bluntz highlighted that several altcoin/Bitcoin (BTC) pairs are showing positive signals. He believes that even if Bitcoin’s price remains stable, many altcoins are…
Los Angeles is launching a massive guaranteed income pilot program for community college students. This groundbreaking initiative will provide much-needed financial support to help students succeed. $3 Million for Students The program, called BOOST (Building Outstanding Opportunities for Students to Thrive), will give $3 million in unrestricted monthly payments to 250 students. Each selected student…
A popular crypto analyst, Altcoin Sherpa, is bullish on an AI-related memecoin, Act I: The AI Prophecy (ACT), which has seen a massive price increase. ACT’s Impressive Run ACT has skyrocketed over 4,800% since November 5th, currently trading at $0.64. Sherpa highlights its strong performance on the four-hour chart, noting it’s successfully held the .382…
A popular crypto analyst, Credible Crypto, is warning about potential Ethereum (ETH) price drops. Despite ETH’s recent strength, the analyst sees trouble ahead. Ethereum vs. Bitcoin: A Potential 20% Drop Credible Crypto, who boasts a large following on X (formerly Twitter), predicts a significant downturn for ETH when compared to Bitcoin (BTC). Their analysis suggests…
Ethereum’s price has been climbing, but a closer look at on-chain data reveals a potentially bullish underlying trend. The Ethereum Exchange Supply Ratio is hinting at a strong market. What’s the Exchange Supply Ratio? The Exchange Supply Ratio is a key metric that tracks the percentage of all Ethereum (ETH) held on centralized exchanges. A…
Taiwan is speeding up its new rules for cryptocurrency businesses. These rules are all about preventing money laundering (AML). Stricter Rules, Sooner Than Expected Instead of starting in January 2025, the new AML rules for Virtual Asset Service Providers (VASPs) – basically, crypto companies – kick in on November 30th, 2024. That’s almost a month…
Russia’s taking a big step towards regulating crypto. President Putin just signed a new law that treats Bitcoin and other digital currencies as property. This means they’ll be taxed, but there are some interesting details. How Will Crypto Be Taxed? The new law lays out a system for taxing Bitcoin mining and trading. Here’s the…
