Gold prices have hit a new record high, surpassing $2,500 per ounce. This surge is fueled by several factors, including: Why Gold is Soaring Lower Interest Rates: Investors are anticipating the US Federal Reserve to cut interest rates, which makes gold more attractive. When interest rates fall, the dollar weakens, making gold a more appealing…
Shiba Inu (SHIB) is making headlines again, with experts predicting a bullish breakout. But before we get too excited, there’s a key hurdle to overcome. A Crucial Resistance Level Ronimus Prime, a well-known crypto analyst, believes SHIB is poised for gains in the coming weeks. However, he stresses that the meme coin needs to break…
Ethereum (ETH) seems to be recovering after the recent market crash. Several metrics suggest that the worst is over and ETH is poised for a strong comeback. The Bottom is In? On-chain data from Glassnode shows that Ethereum’s market value to realized value (MVRV) has reached its lowest point. This suggests that the price is…
The crypto world is buzzing about a big upgrade coming to Ethereum, called Pectra. This upgrade is set to happen in early 2025 and some experts think it could be a game-changer for Ethereum’s price. What’s So Special About Pectra? Pectra combines several improvements to Ethereum, making it faster, cheaper, and easier to use. Here’s…
A popular crypto analyst is making some bold predictions about the future of three cryptocurrencies. Synapse (SYN) Could Soar 75% The analyst, known as The Crypto Dog, believes that Synapse (SYN), a cross-chain communication protocol, could see a massive price jump. He thinks it could reach $1, even after a potential 10% dip. Synapse, which…
Tether, the company behind the popular stablecoin USDT, has been busy minting new coins. This year alone, they’ve created over $33 billion worth of USDT! Tron and Ethereum are the Hot Spots Most of this new USDT was minted on the Tron and Ethereum blockchains. Tron got the lion’s share with $19 billion, while Ethereum…
Crypto analyst Jamie Coutts believes that altcoins, those cryptocurrencies other than Bitcoin, could be on the verge of another massive rally, similar to the explosive growth seen in 2020 and 2021. Signs Point to Altcoin Growth Coutts points to several factors that suggest an altcoin boom is on the horizon: Bitcoin Outperformance: Bitcoin has been…
Aussie investors are getting scammed big time, and the Australian Securities and Investment Commission (ASIC) is sounding the alarm. Crypto scams are a major problem. ASIC says they’re constantly taking down fake websites that are trying to steal money from Australians. Since July, they’ve shut down over 5,500 fake investment platforms, 1,000 phishing scams, and…
Binance, one of the biggest names in crypto, has been quietly working behind the scenes to protect its users from scams. This year alone, they’ve stopped over $2.4 billion in potential losses! How Does Binance Do It? Binance has a powerful risk engine that uses AI and human eyes to monitor every transaction in real-time….
Bitcoin recently dipped below $60,000, making some investors worried that the bull run might be over. However, new data suggests that Bitcoin could still be heading for higher prices. Bitcoin Flows Signal Bullish Momentum CryptoQuant, a cryptocurrency data platform, has noticed a significant shift in investor behavior. Their data shows that more Bitcoin is being…
