Month: April 2024

Expert Predicts Bitcoin To Soar Above $200,000 With Surprising Catalyst

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Global investor Dan Tapiero recently shared his optimistic outlook for Bitcoin (BTC), suggesting that the leading cryptocurrency soars above the $200,000 mark might be on the horizon. Tapiero, known for his investment insights and co-founding roles in Gold Bullion International and 10T Holdings, took to X to express this bullish sentiment. Catalyst That Could Drive Bitcoin To $200,000 According to Tapiero, a significant macroeconomic factor is expected to drive Bitcoin’s price to new heights, offering investors an opportunity for substantial gains. Tapiero’s bullish stance on Bitcoin’s future price trajectory revolves…

Crypto Expert Reveals What To Expect For Bitcoin, Dogecoin, And XRP In 12-16 Months

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Crypto expert Ash Crypto has outlined his price predictions for several crypto tokens, including Bitcoin (BTC), Dogecoin (DOGE), and XRP, heading into this bull run. He also suggested that these price levels could be attained in the next 12 to 16 months.  How High Will Bitcoin, Dogecoin, And XRP Rise? Ash Crypto predicted in an X (formerly Twitter) that BTC would rise between $100,000 and $250,000 by 2025. This prediction aligns with those made by other notable crypto analysts. One of them is Skybridge Capital CEO Anthony Scaramucci, who predicted…

Ripple CEO Expects Crypto Market Cap to Double This Year — ‘I’m Very Optimistic’

Ripple CEO Brad Garlinghouse says he is “very optimistic” about the crypto market, predicting it could double its market cap this year. The executive explained that the macro trends, such as the spot bitcoin exchange-traded funds (ETFs), are driving “real institutional money” into the crypto space for the first time. Ripple’s CEO: Macro Factors Fuel […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Ethena Labs scores $250m allocation for USDeFRAX pool

Synthetic dollar developer Ethena Labs received the green light for a USDeFRAX liquidity pool with Frax Finance to diversify FRAX stablecoin yield.  The Singularity Roadmap proposal from Ethena Labs was approved and has enabled the protocols to create a USDeFRAX POL with a $250 million ceiling on the defi stablecoin exchange Curve. Ethena has looked up to the FRAX team as some of the best builders in all of DeFi, and we are excited to work together in the coming months to grow the oncahin dollar economy — Ethena Labs…

Crypto Trader Eisenberg’s $110M Fraud Trial to Put DeFi Under Microscope

In court on Monday, prosecutors and defense teased upcoming testimony from Mango’s founder, Dafydd Durairaj. He spoke with a ransomware negotiator for assistance in the wake of Eisenberg’s trade, prosecutors said. This fact, they argued, could help the jury understand that Durairaj did not view the negotiations as an “arm’s-length” deal between two parties, but rather a hostage situation that could implode at any time. Source

Expert Identifies Top 6 Coins To Track Amid Bitcoin’s Rise To $72,000

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As Bitcoin (BTC) continues its upward trajectory, regaining its bullish momentum after brief range-bound price action and inching closer to its all-time high (ATH) of $73,700, crypto analyst Miles Deutscher shared insights on several altcoins to watch for potential gains this week.  Altcoins With Strong Potential First, Deutscher observes a robust recovery in Bitcoin following its recent dip below the $65,000 level on April 3rd. The analyst notes that Bitcoin’s structure appears positive, with $73,8000 being the critical level to watch as it represents the previous ATH and the cryptocurrency’s…

Arthur Hayes Sells This Altcoin, How Did The Price React?

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Arthur Hayes, the founder of the crypto exchange BitMEX, recently made a move on an altcoin he had held since 2022. This move saw the transfer of over 230,000 GMX tokens to Wintermute Trading, seemingly making a profit of $3.2 million. Altcoin Dropped By Its Largest Personal Holder Blockchain research platform Lookonchain revealed that Arthur Hayes seemingly sold his GMX holdings yesterday. Hayes was the largest holder of GMX, the native token of decentralized perpetual exchange GMX. Throughout 2022, the BitMEX founder spent a total of 3,383 ETH, worth $5.17…

Coinbase Anticipates Bitcoin Dips to Be ‘More Aggressively Bought’ Than Previous Cycles

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Cryptocurrency exchange Coinbase says bitcoin dips are likely to be “more aggressively bought compared to previous cycles, even as volatility persists during price discovery.” The crypto firm noted that the impact of U.S. spot bitcoin exchange-traded funds (ETFs) and the larger inflow of institutional demand can be seen in the open interest of bitcoin futures. […] Original

Expert Maps Out Timeline For The XRP Price To Cross $1,000

Crypto Expert BarriC has raised eyebrows with his recent analysis of the XRP price, in which he stated that the crypto token could rise to $1,000. As part of his analysis, he also elaborated on why this price level is attainable and not an “arbitrary number” he has pulled out for fun.  When Will The XRP Price Rise To $1,000? BarriC suggested in an X (formerly Twitter) post that the XRP price will rise to $1,000 in the next five to ten years. He explained that this would happen due…