Day: January 9, 2024

Jim Cramer Says Bitcoin Is Topping Off, Time To Buy Bitcoin?

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Counter-trading CNBC’s Jim Cramer has gone from being a meme to something that Bitcoin investors have begun to take seriously. As the inverse of what Cramer says has usually been the case, taking a stand in the opposite direction has proved positive for some investors. Once more, Cramer has shared his thoughts on where the BTC price is headed, so is it time to buy or sell? Jim Cramer Calls The Bitcoin Top In a new episode, the Mad Money host, a show hosted on the CNBC Network, called out…

Coinbase says Bitcoin, Ethereum current cycles resemble 2018-2022

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Bitcoin and Ethereum are seemingly following the pattern of previous years, when their prices jumped by 500% and 1,000% respectively, Coinbase research says. The current crypto market cycle for Bitcoin (BTC) and Ethereum (ETH) closely echoes the period between 2018 and 2022, when both cryptocurrencies witnessed a significant surge in their prices, according to the latest research report conducted by Coinbase Research and Glassnode. As noted by analysts, various metrics of cyclicality, including net unrealized profit/loss and supply in profit, follow the previous trends and indicate that the current state…

Maker (Takes The Spotlight With 34% Gain

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Maker is making waves as it enters Coingecko’s top gainers list this week with massive bullish pressure on the market. MKR is up nearly 34% in the bi-weekly timeframe, but long-term investors are enjoying bigger rewards as the token is up 205% year-to-date, and currently trading a little above $1,800. The market started the year on a bullish note, with some altcoins leading the charge. The latest market data shows that the broader market is up nearly 6% in the past 24 hours. The Spark Spark, a DeFi infrastructure protocol…

The Resurgence of Global Anti-Americanism

If you look at the graph of American favorability around the world since World War II, there are two deep chasms: the invasion of Iraq in 2003 and the election of Donald Trump thirteen years later. They are related: each moment suggests an America of testosterone and bluster, of xenophobia and nativism, of my way or the highway. Both are 21st century versions of the Ugly American stereotype from the 1950s. Between 2017 and 2020, during the Trump Administration, U.S. favorability declined in each major region of the world, most…

Analyst Predicts 2 Scenarios For Price Beforehand

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Amid the anticipation circling the Bitcoin Spot Exchange-Traded Fund (ETF) approval, crypto analyst CryptoQuant has made a bold prediction for the digital asset beforehand. 2 Major Scenarios For Bitcoin Price CryptoQuant, a well-known cryptocurrency expert, has revealed two major scenarios for Bitcoin in advance to BTC Spot Exchange-Traded Fund (ETF). According to the analyst, BTC will undergo a bullish and bearish scenario before approval from the United States Securities and Exchange Commission (SEC). The analyst’s prediction delves into Bitcoin price support and resistance analysis. CryptoQuant’s forecast was based on on-chain…

Can Bitcoin Spot ETF Verdict Push Bitcoin Price above $50000

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Bitcoin (BTC) price soared above $47,000 on Jan. 8 for the first time in 21 months amid Bitcoin ETF approval anticipation. Recent developments surrounding the U.S. Securities and Exchange Commission’s (SEC) looming verdict on Spot ETF filings have been pivotal to the BTC price upswing.  On Jan. 8, the SEC chairman, Gary Gensler, issued a post on X (previously Twitter) warning investors of the potential crypto investing pitfalls. Markets reacted positively, as bullish investors interpreted it as a prelude to an imminent Spot ETF approval verdict. Bitcoin (BTC) price rallied…

Fidelity’s spot Bitcoin ETF launches on DTCC debut, Ethereum whales bank on AI altcoin

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A spot Bitcoin ETF by Fidelity was recently listed on the DTCC website. This development might push Bitcoin prices further, generating a positive outlook for other cryptocurrencies. Meanwhile, an anonymous Ethereum whale is doubling down on InQubeta (QUBE). This project merges artificial intelligence (AI) and blockchain technologies.  This article explores why the Ethereum whale considered InQubeta as Fidelity’s spot ETF lists on DTCC. InQubeta presale success InQubeta is a platform that…

Will Fantom Network Activity Give FTM Price A Shot In The Arm?

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Fantom (FTM) investors have endured a brutal week, witnessing their holdings shrink by over 20% in just seven days. The latest blow came within the past 24 hours, with a nearly 10% plunge leaving the token hovering around $0.37. This stark price decline stands in stark contrast to the encouraging surge in Fantom’s network activity, raising questions about what’s driving the disconnect. While increased transactions and user engagement are typically seen as positive indicators for a blockchain project, Fantom’s price remains stubbornly bearish. Related Reading: Polygon NFTs Explode: 6-Month High…