The UK government is urged to create a bitcoin reserve as Trump’s pro-crypto policies drive global competition in the race for digital economic dominance. Bitcoin Reserve in UK Sparks Debate as Trump Drives Global Crypto Shift Nigel Green, CEO of Devere Group, an independent wealth management and financial advisory organization, has called on the UK […] Original
Day: November 26, 2024
XRP Price Eyes Fresh Upside: Can Bulls Deliver?
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Solana Outpaces Ethereum In DeFi Activity As Monthly DEX Volume Surpasses $100 Billion
Este artículo también está disponible en español. Solana (SOL) decentralized finance (DeFi) activity has gained significant momentum, with its decentralized exchanges (DEX) surpassing Ethereum (ETH) DEX in monthly trading volume. So far in November, Solana-based DEXes have recorded over $100 billion in trading volume, marking a major milestone for the ecosystem. Solana DeFi Ecosystem Gains Momentum, Outshines Ethereum DeFi Solana, the fourth-largest cryptocurrency with a reported market cap of $118.34 billion has been on a record-breaking price trajectory. Recently, the digital asset established a new all-time-high (ATH) of $263 after…
Asset Managers Weigh in on US Bitcoin Reserve Debate
Asset managers have weighed in on Trump’s proposed U.S. bitcoin reserve, reflecting divisions over digital assets in national economic strategy. Asset Managers Divided Over Bitcoin Reserve in Nation’s Bold Strategy Discussions about establishing a U.S. strategic bitcoin reserve have intensified following President Donald Trump’s re-election. Several asset management firms and financial analysts have voiced their […] Original
Bulls Ready for The Next Move?
Este artículo también está disponible en español. Ethereum price started a fresh increase above the $3,400 zone. ETH is consolidating and might aim for a move above the $3,500 resistance. Ethereum started a fresh increase above the $3,320 and $3,400 levels. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,400 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it clears the $3,485 resistance zone. Ethereum Price…
$6.9M Portfolio, With One Altcoin Ready For A Major Rally
Este artículo también está disponible en español. Recent data from market intelligence firm Arkham Intel reveals that President-elect Donald Trump’s crypto portfolio has seen significant gains, coinciding with a robust uptrend in crypto prices following his election victory on November 5. Despite Bitcoin (BTC) being at the center of Trump’s presidential campaign, one notable asset among his holdings is Ethereum (ETH), of which he owns nearly 496 coins. This altcoin has been the standout performer among his investments, rising 38% over the past thirty days. Trump’s Crypto Holdings Shine Crypto…
Bitcoin Price Slips Below $95K: Is The Rally Losing Steam?
Bitcoin price is correcting gains below the $96,500 resistance. BTC is now trading below $95,000 and might face hurdles near the $95,750 resistance. Bitcoin started a downside correction from the $98,880 zone. The price is trading below $96,000 and the 100 hourly Simple moving average. There was a break above a short-term bearish trend line with resistance at $94,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $95,750 resistance zone. Bitcoin Price Corrects Gains Bitcoin price…
Chainlink May Reach New ATH If This Barrier Breaks, Analyst Says
An analyst has explained how the path to a new Chainlink all-time high (ATH) could open up if LINK can break past this resistance block. Chainlink Could Find Major Resistance At The $20 Level In a new post on X, analyst Ali Martinez has discussed how the resistance barriers for LINK are currently looking in terms of the on-chain cost basis distribution. Below is the chart from the market intelligence platform IntoTheBlock shared by the analyst. It shows the amount of the asset acquired at each price range that Chainlink…
Michael Saylor Pushes Strategic Bitcoin Reserve Citing America’s Historic Acquisitions
Michael Saylor advocates for a strategic bitcoin reserve, highlighting its potential transformative impact through historic U.S. investments, such as Manhattan and California acquisitions. Strategic Bitcoin Reserve: Michael Saylor’s Vision for America’s Digital Future Michael Saylor, executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR) and a leading bitcoin advocate, has highlighted the potential of a […] Original
Bitcoin Nosedives to $92K as $551M Vanishes in Liquidations
Bitcoin took a tumble today, hitting an intraday low of $92,584 per coin—a noticeable drop from its earlier perch at $98,000. Bitcoin Slips 4.6% to $92.5K as $118M in Long Positions Gets Wiped Out By 7:36 p.m. EDT, bitcoin (BTC) was down 4.6% against the U.S. dollar. Over the past hour, its price ranged from […] Original