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XRP’s price is closely tied to Bitcoin’s, and both are at crucial points, according to crypto analyst CasiTrades. Let’s break down what’s happening. XRP’s $2.24 Hurdle CasiTrades points out that XRP recently broke through the $2.24 mark – a significant resistance level. This breakout, aligning with a key technical indicator (the 0.382 macro retracement), signals…
Bitcoin’s price has been on a tear lately, surpassing $93,000 after a period of lower prices. Interestingly, a lot of Bitcoin that hadn’t been touched for years is suddenly moving. This is a big deal and could mean some significant shifts in the market. Dormant Bitcoin’s Big Awakening Experts have noticed a huge jump in…
The creator of Bitcoin, the enigmatic Satoshi Nakamoto, is estimated to be sitting on a massive fortune exceeding $100 billion! This is based on the current price of Bitcoin, which recently climbed back above $94,000. A Hidden Fortune According to data analysis, Nakamoto holds around 1.1 million Bitcoins. If this were publicly known, it would…
Bitcoin recently made headlines by briefly surpassing Google’s market cap, becoming one of the top five most valuable assets globally. This impressive feat, though short-lived, has sparked excitement, especially for related projects. Bitcoin’s Top 5 Debut (and Quick Reversal) For a short time, Bitcoin’s market cap topped $1.87 trillion, edging out Google. However, things changed…
A whopping 72 applications for cryptocurrency exchange-traded funds (ETFs) are currently awaiting approval from the U.S. Securities and Exchange Commission (SEC). This includes a wide range of digital assets, highlighting the growing interest in crypto investment vehicles. A Diverse Range of Crypto ETFs The applications cover a broad spectrum of cryptocurrencies, including some of the…
PayPal is reportedly boosting its stablecoin, PayPal USD (PYUSD), by offering interest to users. This move aims to encourage more people to use the digital currency. Interest Rates and Payment Details According to Bloomberg, PayPal and Venmo users will soon be able to earn a 3.7% annual yield on their PYUSD holdings. The interest accrues…
A popular analyst is predicting a huge price jump for gold, suggesting it’s entering a phase of rapid growth. Gold’s Parabolic Rise Dave the Wave, a well-known analyst with a large social media following, believes gold is in a parabolic rally that started in 2016. He forecasts this rally could continue until 2028, potentially pushing…
Coinbase’s head of institutional strategy, John D’Agostino, believes Bitcoin could be the next big thing for investors who missed out on gold’s recent price surge. He suggests that Bitcoin is a compelling alternative for those seeking protection against inflation. Bitcoin as an Inflation Hedge In a recent CNBC interview, D’Agostino explained that investors looking for…
Bitcoin’s price is making headlines, with analysts offering wildly different predictions. Let’s break down what some experts are saying. A Potential Crash? Analyst Melika Trader sees a bearish pattern developing – a “head and shoulders” formation. This pattern, according to Melika, suggests a significant price drop is coming. The Pattern: Melika says the left shoulder…
Bitcoin’s price has recently skyrocketed, and data suggests Binance’s big players, or “whales,” might be the driving force. The Coinbase Premium Gap Tells a Story A key indicator, the “Coinbase Premium Gap,” measures the price difference between Bitcoin on Coinbase (USD) and Binance (USDT). A positive gap means Bitcoin is more expensive on Coinbase, usually…
