With Bitcoin (BTC) failing to hold above the $70,000 mark, market attention remains on whether the flagship cryptocurrency can reach the highly anticipated $100,000 all-time high. Notably, Bitcoin’s recent rally was initially seen as a trigger for a six-figure valuation. Now, an artificial intelligence (AI) tool has offered insights into when it might hit this […]
Bitcoin could skyrocket to record highs if Trump wins the election, driven by pro-crypto policies, deregulation, and surging investor demand, predicts Devere Group’s CEO. A Historic Bitcoin Rise in Sight Nigel Green, CEO of financial advisory giant Devere Group, believes bitcoin could hit unprecedented highs if former U.S. President Donald Trump wins the upcoming U.S. […]
Bitcoin’s price dip below $70,000 has seen one whale panic, selling 2,019 BTC amid jitters over further declines. According to Lookonchain, a smart money on-chain account on X, as Bitcoin (BTC) extended its decline from the recent peak above $73,000, a whale address that had previously sold in October appeared spooked. Data indicates that the […]
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. The historic trend of BTC rising in October ended up occurring again despite a rocky first half of the month and a rough final day. All said and done, the asset’s price rose nearly 11% during the month. BTC started October […]
Really, at this point, Coinbase is just embarrassing itself by not buying Bitcoin and doing silly buybacks. Coinbase just had a bad quarter. After reporting disappointing Q3 earnings, its stock plunged over 10%. To instill confidence, Coinbase announced a $1 billion share buyback. But that flopped, too, with shares barely budging. This whole debacle just […]
XRP’s candlestick pattern points to a possible reversal. A bullish indicator of this reversal pattern suggests that XRP may finally experience some upward movement following a period of difficulty. But since bearish volume is still predominating, the general mood of the market continues to pose a threat to XRP’s momentum. Looking at the daily chart, […]
As per the latest data, Bitcoin has seen a six-month high spot in terms of trading. As per IntoTheBlock, the spiking Bitcoin trading has resulted from a spike in the number of $BTC-holding addresses. The blockchain analytics firm disclosed this development on social media. Bitcoin traders hit a 6-month high, according to @intotheblock Addresses holding […]
2 cryptocurrencies to reach 100 billion market cap by year-end Aneena Alex Cryptocurrency Nov 1, 2024 Share The crypto market faced a surge of selling pressure this week, unsettling investors as Bitcoin (BTC) dropped by 4% before rebounding to $71,000. Despite the recovery, caution remains, as many investors await clearer signals before making decisive moves. […]
Robin Brooks, former chief economist at the Institute of International Finance, continues to insist that Bitcoin is “just another bubble asset” despite the substantial gains that were recently recorded by the flagship cryptocurrency. The economic expert has downplayed the recent rally, arguing that it was simply the result of an interest rate cut implemented by […]
Ripple v. SEC case update: November 1, 2024 Andreja Stojanovic Cryptocurrency Nov 1, 2024 Share Though the long-standing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC) appeared over in August, the ever-tenacious regulator has continued the dispute by appealing the final ruling, particularly the elements concluding that the company’s programmatic sales […]