Global investment bank JPMorgan’s analysts have highlighted the growing impact of the “debasement trade” in boosting gold and bitcoin prices. Gold’s rise is linked to inflation, geopolitical instability, and waning trust in fiat currencies. Both institutional and retail investors are viewing gold and bitcoin as safe havens amid global economic uncertainty, with future trends depending […] Original
Day: October 4, 2024
A Deep Dive Into The 36% Share Drop
Este artículo también está disponible en español. According to a recent report by Bloomberg, Binance, the world’s largest cryptocurrency exchange by trading volume, is facing significant challenges as its market share continues to decline. In September, Binance’s share of trading volume in the roughly $2 trillion digital asset market fell to 36.6%, down sharply from 42.7% at the start of the year and the lowest level in four years, according to data from CCData. Binance Spot And Derivatives Trading Hits Four-Year Lows The drop in market share is particularly pronounced…
Elon Musk: America Is Headed for Bankruptcy
Tesla CEO Elon Musk has reiterated his concerns regarding U.S. government spending, warning that America is on a fast track to bankruptcy. Highlighting growing national debt, he reacted to a staggering $204 billion increase in just one day. Musk stressed that interest payments on federal debt now surpass the defense budget, adding urgency to his […] Source CryptoX Portal
Top Investor Sets $2,150 Target If Support Breaks
Este artículo también está disponible en español. Ethereum has seen a 15% drop since hitting its recent high of $2,729 last Friday, leaving analysts and investors feeling frustrated with the price action. Many expected the bullish trend to continue, but Ethereum has struggled to maintain upward momentum. Concerns are mounting as some market observers predict a deeper decline, possibly falling to yearly lows around $2,150 if the current support level fails to hold. This has reignited fear and uncertainty across the market as Ethereum’s price sends mixed signals. Related Reading…
These 5 RWA altcoins promise 50x returns by 2025; hear why Analysts are excited
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analysts highlight five altcoins tied to real assets, poised for massive returns by 2025. Discover the top picks now. Analysts are buzzing with excitement over five promising altcoins tied to real-world assets. These digital currencies are projected to deliver massive returns by 2025. The article reveals which coins are poised for significant growth, offering readers invaluable insights into potentially lucrative investments. Discover why these altcoins are capturing the market’s…
Crypto Capo Returns After 2 Months To Predict Ethereum Decline To $1,800, Is It Time To Go Long?
Este artículo también está disponible en español. Popular crypto analyst Il Capo of Crypto has returned to social media platform X after over two months of hiatus to drop an interesting outlook for Bitcoin and Ethereum in the coming months in light of the recent correction since the beginning of October. The analyst, which has been so big on a looming altseason since the beginning of the year, has revealed a bearish outlook for Bitcoin and even Ethereum (king of altcoins) in the short term. Known for his sometimes controversial…