XRP, the digital currency focused on cross-border payments, has zoomed into the top five cryptocurrencies by market cap. This incredible climb follows a massive 298% price surge in November alone. A Month of Meteoric Rise According to CoinMarketCap, XRP’s market cap now sits around $110 billion, comfortably surpassing BNB’s $94.422 billion. Just a month earlier,…
Crypto analyst Ali Martinez is predicting some big swings in the crypto market, specifically for Dogecoin (DOGE) and Bitcoin (BTC). Dogecoin’s Wild Ride Martinez believes Dogecoin is about to go on a parabolic run, meaning a rapid price increase. He points to a bearish signal from the Tom Demark (TD) Sequential indicator. Interestingly, this same…
Tom Lee, head of research at Fundstrat, is predicting a huge price surge for Bitcoin (BTC). He believes a price exceeding $250,000 within the next year is not only possible, but highly probable. Reasons for the Prediction Lee cites two main reasons for his bullish outlook: Technical Analysis: He sees the current Bitcoin price trajectory…
Bitcoin had a bumpy end to November, briefly dipping to around $90,800. But it quickly bounced back, gaining nearly 6% and trading above $96,000. One analyst, Ali Martinez, predicts a bullish December, with Bitcoin potentially reaching $140,000. A Bullish December? Martinez believes Bitcoin will continue its upward trend into December. Bitcoin’s performance has been strong…
Bitcoin’s price recently dipped below $97,000, a 1.83% drop in a week. Despite this, many still feel bullish because of the 61% price increase since early October. However, some recent trends might suggest otherwise. The Growing Gap Between Market Price and Realized Price A crypto analyst, Grizzly, pointed out a significant gap between Bitcoin’s market…
Bitcoin’s recent price surge has analysts buzzing. After hitting almost $98,000, one prominent analyst believes Bitcoin has officially entered a super-charged phase of growth. Entering the Parabolic Phase Rekt Capital, a well-known crypto analyst with a huge following, declared that Bitcoin has entered its “Parabolic Upside phase.” He showed charts comparing the current bull run…
Charles Hoskinson, founder of Cardano, has issued a serious warning about a coordinated global attack on the cryptocurrency industry – dubbed “Operation Chokepoint 2.0.” He believes it will take years to repair the damage. A Coordinated Global Attack Hoskinson describes Operation Chokepoint 2.0 as a systematic campaign targeting crypto businesses worldwide. He’s frustrated that many…
Bitcoin recently had a crazy run, hitting record highs almost daily for weeks, before settling just below $100,000. While things have calmed down a bit, experts think this is just a temporary pause before another price surge. Record Profits Signal Strong Demand Analyst Axel Adler revealed some interesting data: Bitcoin saw record realized profits this…
Ethereum exchange-traded funds (ETFs) in the US are having a moment. After a bit of a slump, they’ve seen a huge surge in investor interest. A Record-Breaking Week for Ethereum ETFs Last Friday, November 29th, US-based spot Ethereum ETFs raked in a whopping $333 million – a single-day record! This beats their previous record of…
MicroStrategy is making headlines with its massive Bitcoin buying spree, and it’s got everyone talking. Anthony Pompliano, CEO of Professional Capital Management, breaks down why this strategy is both brilliant and potentially disastrous. MicroStrategy’s Bitcoin Buying Spree MicroStrategy is using a clever financial trick to fuel its Bitcoin addiction: convertible debt. Basically, they’re selling shares…
