Tag: Crypto

Analyst Predicts 50% XRP Rally If Bullish Pattern Breaks – Details

XRP is finally gaining traction after days of struggling below the $0.60 supply level. This newfound momentum is reigniting hope among investors and analysts who have been waiting for the altcoin to break out of its prolonged consolidation phase.  XRP begins to show signs of strength, and market participants...
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Trump Wants US To Be Bitcoin Mining Capital Of The World — Core Scientific’s Move To Buy Chips From Jack Dorsey Just The First Step In That Direction? CEO Gives Us His Take

Core Scientific Inc. (NASDAQ:CORZ), one of the world’s biggest Bitcoin (CRYPTO: BTC) mining companies, would remember 2024 as a turnaround year. The firm exited Chapter 11 bankruptcy in January and relisted its shares on Wall Street. Since making a comeback, the company’s stock has surged nearly 260%.  The resurgence...
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BlackRock Dismisses Bitcoin’s Risk Label, Calls It A Smart Investor Play

BlackRock, the world’s largest asset manager, is currently generating significant interest within the investment community with its most recent report, “Bitcoin: A Unique Diversifier.” This document emphasizes the potential of Bitcoin as a unique asset class that can improve portfolio diversification. BlackRock manages assets valued over $10 trillion, therefore...
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Spot Bitcoin ETFs Record Largest Single-Day Inflow Since Early June

The market performance of the spot Bitcoin ETFs (exchange-traded funds) in the United States has been impressive over the last few weeks. Continuing their excellent streak, the crypto investment products closed the previous trading week with their best single-day performance in almost four months. The positive investor sentiment surrounding...
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PEPE Reaches Critical Junction: Breakout Imminent Or Rejection Looming?

PEPE is approaching a pivotal moment as it tests the $0.00001152 level, a critical junction that could shape its next direction. A breakout above this key resistance may spark renewed bullish momentum, driving the price higher. However, failure to surpass this level could lead to a rejection, potentially pushing...
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Dogecoin Aims For The Moon: Crypto Analyst Reveals Next Target

Dogecoin’s price action has been incredibly strong as the meme coin scene explodes with massive gains amidst inflows into the crypto market. The meme coin’s rally was underscored when it recently surged past the $0.12 mark, confirming a bull breakout from a multi-month downtrend. Notably, a Dogecoin analysis reported...
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Crypto And Stocks Moving Together? Coinbase Research Unveils High Correlation

According to the latest research by Coinbase, the relationship between cryptocurrencies and stock markets has become remarkable. This interplay is about 50% as of September 2024, mostly due to global monetary easing initiatives carried out by major countries such the United States and China. This study has important ramifications...
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Crypto Veteran Turns Bullish On Dogecoin, But What About Shiba Inu?

Crypto veteran Peter Brant has become bullish on Dogecoin (DOGE). At the same time, Shiba Inu (SHIB), the second-largest meme coin’s outlook is also bullish. However, the on-chain analytics platform Santiment suggested that investors might have to wait a while to witness new highs.  Crypto Veteran Turns Bullish On...
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