A popular crypto analyst believes the Sui (SUI) cryptocurrency is poised for a huge price jump. They see a massive opportunity for investors. A Hack, But a Buying Opportunity? The analyst, known as Kaleo, points to a recent $223 million hack of the Cetus Protocol, a decentralized exchange (DEX) on the Sui network, as a…
Bitcoin’s price recently shot up, briefly hitting $110,000 before settling around $109,450. This rapid climb follows a dip below $100,000, leaving it just a hair away from its all-time high. But what’s fueling this sudden surge? Let’s break it down. A Perfect Storm of Factors Several factors contributed to this impressive Bitcoin price jump: Massive…
Bitcoin recently took a dip, but it’s holding steady above $100,000. This resilience suggests a bullish sentiment might be brewing. But is this the start of another big run, or just a temporary reprieve? One analyst thinks we’re in for a wild ride. A Bullish Prediction Crypto analyst Doctor Profit is predicting a significant Bitcoin…
Arthur Hayes, the BitMEX co-founder, believes the Bank of Japan (BOJ) meeting on June 16-17 could be a major turning point for both the stock market and crypto, especially Bitcoin. The BOJ’s Tightrope Walk The BOJ is currently engaged in quantitative tightening (QT), having reduced government bond purchases by ¥400 billion a quarter since August…
BlackRock thinks the recent explosion in popularity of Bitcoin ETFs is just the tip of the iceberg. They believe we’re still in the very early stages of institutional adoption. Record-Breaking Growth Robert Mitchnick, BlackRock’s Head of Digital Assets, pointed out the incredible success of the iShares Bitcoin Trust (IBIT). It hit $70 billion in assets…
Dogecoin has been quietly accumulating, much like it did before its previous big price jumps. While it might seem sleepy right now, some analysts think a big breakout is coming. Fibonacci and Dogecoin: A History of Success Crypto analyst Javon Marks noticed something interesting: Dogecoin’s price seems to follow a Fibonacci pattern. Specifically, the 1.618…
Bitcoin’s price is nearing its all-time high, but is all this positive social media buzz a cause for concern? Let’s dive in. Positive Social Media Sentiment for Bitcoin Spikes Analytics firm Santiment recently pointed out a significant increase in positive Bitcoin sentiment across major social media platforms. They track this using a “Positive/Negative Sentiment” metric….
Cathie Wood, head of ARK Invest, is making a bold prediction about Tesla’s future. She believes Tesla (TSLA) stock could skyrocket by a whopping 744% in the next five years, reaching a price of $2,600 per share by 2030. Robo-Taxis are Key Wood’s prediction hinges on Tesla’s robotaxi platform. She thinks this autonomous vehicle service…
Coinbase CEO Brian Armstrong announced a major improvement in addressing the issue of unwarranted account freezes on the platform. He admitted the problem had persisted longer than acceptable but stated that significant progress has been made. Progress on Account Freezes Armstrong revealed that Coinbase has reduced the number of account freezes by a whopping 82%….
A former top JPMorgan strategist, Marko Kolanovic, is predicting a potential stock market correction. In a recent CNBC interview, he pointed to several factors fueling his concern. Losing Steam Kolanovic highlighted the slowing momentum of major stocks like Tesla and Palantir as a key warning sign. He noted that the market is near record highs,…
