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Bitcoin recently took a dive to around $112,000, but some analysts believe this isn’t the end of the bull run. Instead, they see it as a necessary part of a larger upward trend. Understanding the Bitcoin Cycle According to crypto analyst Stockmoney, the Bitcoin price cycle typically unfolds in a few stages: The Pump: Bitcoin’s…
Bitcoin took a nosedive recently, breaking below the $112,000 support level. But some analysts saw this coming. Let’s look at their predictions and what they say about the future of Bitcoin’s price. Analysts Predicted the Crash Several crypto analysts correctly predicted Bitcoin’s fall. They pointed to several key factors indicating a bearish trend. Technical Indicators…
Ripple’s stablecoin, RLUSD, is making waves in the institutional investment world. It’s now a key way for investors to cash out of BlackRock and VanEck’s tokenized funds. Easy Access to Cash for Tokenized Funds Holders of BlackRock’s BUIDL and VanEck’s VBILL (tokenized US Treasury funds) can now quickly and easily convert their holdings into RLUSD,…
HYPE is tanking! The crypto token is under serious selling pressure, largely due to a massive upcoming token unlock and a high-profile sell-off. The Looming $12 Billion Unlock A huge $12 billion worth of HYPE tokens – a whopping 23.8% of the total supply – is about to be released on November 29th. This will…
Bitcoin’s price is making headlines again, as some key indicators that predicted past record highs are appearing once more. A crypto strategist has shared what they call a “cheat code” – a pattern that seems to perfectly predict major Bitcoin rallies. The “Cheat Code”: Decoding Bitcoin’s RSI Crypto strategist CrypFlow posted a technical analysis on…
The US Commodity Futures Trading Commission (CFTC) is looking into using stablecoins as collateral for derivatives trading. They want your input! CFTC’s Big Plan The CFTC, led by Acting Chair Caroline Pham, has launched an initiative to explore using stablecoins – cryptocurrencies pegged to a regular currency like the dollar – as collateral. This is…
Ethereum’s price is at a crucial point. It recently broke out of a technical pattern called a “rising wedge,” which usually means trouble. But this breakout sparked hope for higher prices. Now, we’re seeing a retest of a key support level – a make-or-break moment for Ethereum. The $3,900 – $4,100 Hurdle The $3,900 to…
Ethereum is making headlines again, with exciting predictions from analysts and its creator, Vitalik Buterin. Let’s dive into what all the buzz is about. Ethereum Price Prediction: Reaching for the Stars One analyst, Egrag Crypto, predicts a massive price surge for Ethereum. Based on their chart analysis, ETH could hit a whopping $33,000 by the…
Will Ethereum hit $20,000? Some analysts think so, based on an interesting theory. The Global M2 Money Supply and Ethereum The global M2 money supply (basically, all the money circulating in the world) has been climbing. Analysts previously used this to predict Bitcoin’s price, and now they’re applying the same idea to Ethereum. One analyst,…
Ethereum (ETH) took a bit of a tumble, dropping 6.1% in the last day. It fell below $4,300 after failing to break through the important $4,500 resistance level. Institutional Buying Doesn’t Stop the Slide Interestingly, this happened even though a big institutional investor, BitMine (led by Tom Lee), bought around $84 million worth of ETH…
