Day: November 10, 2024

What to Expect for Crypto Under Trump’s New Administration

A Moody’s digital assets expert outlines how a Trump administration and pro-crypto Congress could reshape U.S. crypto regulation, hinting at major industry impacts. Expert Analysis: How Trump’s Victory Could Reshape Crypto Regulation Cristiano Ventricelli, vice president for digital assets at Moody’s Ratings, discussed the potential implications of a Trump-led Republican administration on cryptocurrency regulation, suggesting […] Source CryptoX Portal

Bitcoin Price Enters ‘Second Breakout Of The Cycle’ — Analyst

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Este artículo también está disponible en español. The Bitcoin price could see its second massive breakout in this current market cycle, as a crypto analyst has predicted a peak above $150,000 for the pioneer cryptocurrency. This bullish forecast comes on the heels of Bitcoin’s previous All-Time High (ATH) this month when it surpassed the $75,000 mark.  Related Reading Bitcoin Price Peak Set Above $150k In just 2024, Bitcoin has reached three major all-time highs, making a historic move for the cryptocurrency. Earlier in March, the cryptocurrency crossed the $73,000 level,…

What’s Next for XRP? Ripple CEO Discusses Crypto Landscape Shift

Ripple and XRP could face a turning point as new pro-crypto regulatory shifts promise renewed hope and potential resolution to years-long legal battles. XRP’s Future: Ripple CEO Hints at a New Chapter on the Horizon Ripple CEO Brad Garlinghouse shared his views on social media platform X Friday, highlighting potential regulatory shifts for cryptocurrency under […] Source CryptoX Portal

6-Figure ‘Reserve Asset’ Bitcoin Price Possible By Year-End

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Este artículo también está disponible en español. The momentum is on Bitcoin and crypto’s side, and it wouldn’t be surprising if the price surge continues until the end of the year. One of the biggest drivers of the current performance of Bitcoin is the election of Republican Donald Trump. Related Reading Trump’s rhetoric and friendly pronouncement on crypto helped propel the asset’s price past $76k, beating this year’s March record. Now, many market analysts remain bullish days after the US elections. Thomas Lee, CNBC contributor and the CIO of Fundstrat…

Solana Decentralized Exchange Altcoin Skyrockets by More Than 400% on Friday After New Exchange Listing

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A Solana (SOL)-based decentralized exchange (DEX) altcoin surged by more than 5x on Friday after South Korea’s largest crypto exchange rolled out trading support for the asset. Traders on the Seoul-based Upbit can now purchase and unload DRIFT, the native asset for the Drift Protocol, an open-source DEX that enables transparent and non-custodial trading. Explains the project’s whitepaper, “Drift was designed with a goal to be capital-efficient but also protective of your assets. We achieved that by setting up sophisticated cross-margined risk engine – a system of tools with an extensive…

Cardano Skyrockets Over 40% – Funding Rate Suggests Further Upside

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Este artículo también está disponible en español. Cardano (ADA) has made a significant move, breaking above the long-standing $0.40 resistance and reaching a key supply level at $0.45 after an impressive 42% surge over the past few days. This breakout is sparking fresh optimism among investors who have been waiting for ADA to demonstrate sustained strength.  According to recent data from Coinglass, ADA’s funding rate has risen to levels not seen since June, indicating strong demand and suggesting that this rally could only be the beginning of a larger trend.…