Day: December 4, 2024

XRP Price Swings Wildly: Can It Resume Its Rally?

XRP price saw a couple of swing moves from the $2.85 resistance. The price is consolidating near $2.50 and might aim for more gains above the $2.65 level. XRP price is struggling to gain pace for a move above the $2.80 resistance zone. The price is now trading above $2.30 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.25 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to accelerate if it clears the…

Is Further Growth On The Horizon?

boss

Este artículo también está disponible en español. Binance Coin (BNB), the native cryptocurrency of the Binance blockchain, has officially entered a new price discovery phase, recently reaching an all-time high of $774 late Tuesday.  This significant milestone reflects a broader trend in the cryptocurrency market, where attention has shifted from Bitcoin (BTC) to altcoins like BNB and XRP, both of which have demonstrated impressive price movements over the past 48 hours. BNB Price’s 235% Year-to-Date Gain After a prolonged consolidation period between $430 and $600 from September to early November,…

Ethereum Price Holds Steady, $4K Remains The Goal

boss

Este artículo también está disponible en español. Ethereum price is recovering higher from the $3,500 zone. ETH is showing bullish signs and might soon aim for a move above the $3,700 resistance zone. Ethereum remained in a positive zone and stayed above the $3,500 zone. The price is trading above $3,620 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $3,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could restart its increase if it clears…

Roger Ver Accuses U.S. of Overreach Over Bitcoin Tax Charges

boss

Roger Ver is contesting a U.S. criminal indictment accusing him of evading $240 million in taxes from Bitcoin sales. Roger Ver, who was arrested in Barcelona in April 2024, has now filed a motion to dismiss the indictment. He was indicted on eight counts by the U.S. Attorney for the Central District of California for evading over $48 million in taxes, reports FOX Business. The charges followed after the former CEO of Bitcoin.com underreported his Bitcoin (BTC) holdings and other assets in 2014. Now, his lawyers argue that the indictment…

Roger Ver’s Fight Against Bitcoin Indictment Explained

boss

Roger Ver is contesting a U.S. criminal indictment accusing him of evading $240 million in taxes from Bitcoin sales. Roger Ver, who was arrested in Barcelona in April 2024, has now filed a motion to dismiss the indictment. He was indicted on eight counts by the U.S. Attorney for the Central District of California for evading over $48 million in taxes, reports FOX Business. The charges followed after the former CEO of Bitcoin.com underreported his Bitcoin holdings and other assets in 2014. Now, his lawyers argue that the indictment was…

Bitcoin Price $95K Plateau: What’s Next for Crypto?

boss

Bitcoin prices consolidate near the $95,000 level. BTC must clear the $96,500 resistance zone to attempt a fresh increase in the near term. Bitcoin is holding gains above the $93,500 zone. The price is trading below $96,500 and the 100 hourly Simple moving average. There was a break above a short-term bearish trend line with resistance at $96,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $96,500 resistance zone. Bitcoin Price Faces Resistance Bitcoin price attempted…

XRP Still Below Its All-Time High As Crypto Explodes 107%:

boss

Este artículo también está disponible en español. If you’re a crypto holder, a keen market observer, or just reading the headlines lately, you’ll know that a few cryptocurrencies are making waves. In addition to Bitcoin, which is currently teasing the $100k level, Ripple’s XRP is creating a price surge: the altcoin is enjoying a solid 107% gain in the last week, data from Coingecko shows. Related Reading To fully understand XRP’s surge, we must take a step back to its price during the November 5th elections and its value at…

Tron has surged 95% in a day and hit a new all-time high

Among the highest-ranked cryptocurrencies by market cap, Tron is the only token that performed up to 104% in a day, while Bitcoin suffered to $93,000 earlier today. Tron (TRX), a cryptocurrency with a surging $36 billion in market capitalization, has seen a massive trading day with $10 billion in trading volume or an increase of almost 500%. The token price also soared by 95%, from $0.21 to $0.43 in a day at the time of writing. The token released for blockchain-based operating systems has recorded a news all-time high of…

Bitcoin Could ‘Easily Double’ In A Short Time: Hedge Fund CEO

boss

Este artículo también está disponible en español. In the latest episode of The Milk Road Show, Charles Edwards, founder of crypto hedge fund Capriole Investments, provided an in-depth analysis of Bitcoin’s current state, its future trajectory, and the potential conclusion of the traditional 4-year Bitcoin cycle. Edwards posits that Bitcoin’s journey to $100,000 could be the catalyst for an unprecedented price acceleration. He suggests that once this psychological and technical barrier is breached, Bitcoin could potentially double in value within weeks. Drawing parallels with gold’s recent performance, Edwards stated, “If…