The recent bitcoin price hike that has driven exchange rates close to $100,000 per token has also fueled the demand for and prices of Bitcoin exchange-traded fund (ETF) shares in the Brazilian stock exchange. Hashdex, the first crypto ETF launched on B3, reached all-time highs, with a net asset value nearing $689 million. BITH11, an […] Original
Day: November 24, 2024
Expert Forecasts $6 Price Target As Buying Pressure Grows
Este artículo también está disponible en español. Cardano (ADA), currently ranked as the ninth-largest cryptocurrency, has emerged as one of the market’s top performers. It has experienced an impressive 108% increase over the past two weeks, propelled its price to a 32-month high, fueled by a wave of bullish sentiment following Donald Trump’s presidential victory on November 5. Potential For Cardano To Reach New All-Time Highs Crypto analyst Ali Martinez recently highlighted ADA’s massive performance in a post on X (formerly Twitter), noting that the cryptocurrency has surged nearly 200% in…
Rate Cut Roulette: Bettors and Analysts Divided on Fed’s Next Step
Based on current data, 24 days before the upcoming Federal Open Market Committee (FOMC) meeting, there’s a 52.7% likelihood of a quarter-point rate cut, according to CME Group’s Fedwatch tool. Markets Signal Mixed Messages Ahead of FOMC Meeting The U.S. Federal Reserve‘s federal funds rate outlook for December remains a toss-up. The odds of no […] Source CryptoX Portal
Africa Exclusive: Bybit Promotes Crypto Education with P2P Security Webinar
DUBAI, UAE, Nov. 22, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, sets out to raise awareness of P2P security and to equip users with the latest anti-fraud knowledge and tools in a new learn and earn event exclusively for users in Africa. Hosting a P2P security Webinar on Nov. 25, Bybit P2P will also be announcing a prize pool valued at 10,000 USDT for a new Africa-exclusive deposit event. P2P Security WebinarOn Nov. 25, the live webinar on P2P security will be broadcast in the Bybit…
Optimism (OP) Faces Potential Decline To $1.80 — Analyst
Optimism (OP) has experienced a market rebound in the past week gaining by 35.76% based on data from CoinMarketCap. The Ethereum layer-2 token hovers above $2.20 with investors strongly bullish on future price gains. However, certain trading indicators signal otherwise. Optimism Likely To Fall By 18% In a November 23 post on X, renowned crypto analyst Ali Martinez shared a bearish prediction on Optimism despite the token’s current upward trend. According to Martinez, the TD Sequential has flashed a sell signal on OP’s 4-hour trading chart, presenting the potential for…
Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal
Bitcoin’s price correction across multiple timeframes reveals short-term bearish pressure while maintaining a bullish outlook in the long term. Bitcoin Bitcoin’s (BTC) recent price action highlights a bearish correction across short-term timeframes, while the broader trend remains bullish, with key levels dictating potential opportunities for traders. The hourly chart reveals a short-term bearish trend for […] Original
Ron Paul Keen to Restore ‘Sanity’ With Musk in Trump’s Government Efficiency Drive
As President-elect Donald Trump assembles his transition team, much attention is swirling around the newly established Department of Government Efficiency, or D.O.G.E. Pro-freedom advocate and former congressman Ron Paul recently shared that Elon Musk had approached him for help with D.O.G.E. Paul, a longtime liberty supporter, emphasized that he would “love to help bring sanity […] Source CryptoX Portal
2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum
As bitcoin catches its breath on the sidelines, a wave of digital currencies is charging ahead, making big moves. Meanwhile, the infamous Altcoin Season Index is climbing, signaling exciting times for traders who love the chaos of alternative crypto markets. Bitcoin Takes a Breather as Altcoins Steal the Show According to the Altcoin Season Index […] Source CryptoX Portal
Spot Ethereum ETFs End 6-Day Drought With $90 Million Inflow — Will Ether Price Respond?
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…
Trump pal Lutnick to expand $2b Tether, Bitcoin lending: WSJ
Cantor Fitzgerald CEO Howard Lutnick, President-elect Trump’s Commerce Secretary nominee, wants to launch a $2 billion project to lend dollars to clients against Bitcoin. As part of the setup, Cantor Fitzgerald would receive support from Tether, the company behind the world’s largest stablecoin, to help fund the initiative. According to the Wall Street Journal, the proposed program is expected to scale to tens of billions. Cantor Fitzgerald currently serves as Tether’s custody provider for billions in U.S. Treasuries backing the USDT stablecoin. The report also indicates Cantor has acquired approximately…