Ethereum’s price is hovering around $2,600, showing a steady upward trend since late April. But according to technical analyst Kevin (@Kev_Capital_TA), the charts reveal something much bigger is happening. Historical Signals Point to a Bull Run Kevin’s analysis focuses on several key indicators suggesting a significant shift in the Ethereum market: Monthly Chart: He points…
A major player in the financial world is predicting a fall for the US dollar. Jeffrey Sherman, deputy chief investment officer at DoubleLine Capital (a $92 billion asset manager), believes the dollar is overvalued and headed for a decline. Overvaluation and Capital Flight Sherman points to purchasing power parity and trade-weighted baskets as indicators of…
Huma, a major player in global payments, has joined the Global Dollar Network (GDN). This network aims to make stablecoins—cryptocurrencies pegged to the value of a stable asset like the US dollar—more widely used. What is the Global Dollar Network? The GDN is a group of big companies working together to promote stablecoins. It’s led…
Hedge funds are aggressively buying stocks, according to a new Goldman Sachs report. This buying frenzy is the most intense since November 2024. Record-Breaking Purchases Goldman Sachs revealed in a note to investors that last week saw the highest rate of hedge fund equity purchases globally since November 2024. This surge comes after a remarkably…
Bitcoin’s price is hanging around $105,500, after a brief peak at $106,807. Its dominance – the percentage of the total crypto market it controls – is also slipping, hovering near 64%. This has a market analyst, Tony “The Bull” Severino, thinking a shift might be coming. Technical Signals Suggest a Turn Severino, a Level III…
Bitcoin’s price is bouncing around, but it’s still looking good for buyers right now. It’s holding above $100,000, a key psychological level. However, one analyst, Xanrox, predicts a price drop. Bitcoin’s Price Drop: The Why Xanrox believes Bitcoin is breaking out of an upward trend that started around $74,000 and peaked near $112,000. He points…
Bitcoin is trying to regain a key support level, which could send its price soaring. This week’s action will likely set the tone for the rest of the month, according to analysts. Bitcoin’s Recent Performance and Key Levels Bitcoin recently lost the $106,800 support level. After hitting a high of $111,980, it dropped over 8%,…
The world of cryptocurrency and Donald Trump seem to be increasingly intertwined. Let’s dive into the latest developments and explore a potential opportunity. Trump’s Crypto Ventures There’s been some confusion lately about a new “$TRUMP” wallet app supposedly backed by the former president. However, his sons, Donald Jr. and Eric, have publicly denied any involvement…
Pepe coin, like other meme coins, has had a rough patch lately. Bitcoin’s price dip dragged the whole market down, leaving even Dogecoin struggling. But things might be changing. June is looking brighter for meme coins, with Pepe showing some serious potential. A Bullish Pepe? Crypto analyst Crypto Patel spotted something interesting: Pepe is holding…
Ethereum is doing surprisingly well, even with all the economic uncertainty. It’s held strong above important support levels and has significantly outperformed many other cryptos. Ethereum’s Impressive Run Since hitting its low point in April, ETH’s value has more than doubled—that’s a massive 100%+ gain! And it doesn’t seem to be slowing down. While other…
