Day: December 8, 2024

Ethereum Breaks Above Massive Triangle

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Recent price action has seen the Ethereum price breaking above the $4,000 price level again to drive euphoria among crypto investors, especially those awaiting the onset of an altcoin season. This price rally follows an unprecedented surge in Ethereum Spot ETF inflows, which hit a record $428 million on December 5 as investors continue to anticipate crypto-positive regulatory changes under the incoming Trump administration. Related Reading Interestingly, this bullish momentum has seen the Ethereum price play out an interesting motion on its price chart. Particularly, Ethereum has broken above a…

Build a $1M crypto portfolio by 2026

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As the crypto market surges, investors look to altcoins like XYZVerse, a promising meme coin uniting sports fans for long-term growth. Amid the exhilarating surge of the cryptocurrency market, certain digital assets are emerging as standout opportunities for significant long-term growth. Investors are keen to discover which altcoins could potentially transform modest investments into substantial portfolios by 2026. Identifying these promising cryptocurrencies is crucial for those aiming to capitalize…

President Bukele Gets the Last Laugh: Over $300 Million in Unrealized Bitcoin Gains

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Bukele celebrated the recent bitcoin rally and the $100K milestone, posting a screenshot of El Salvador’s bitcoin investment unrealized gains. Fighting tooth and nail against naysayers, including institutions like the IMF, the leader brought in over $300 million in profits from one of the largest nation-state bitcoin trades. Bukele Shows El Salvador’s Bitcoin Wallet Profits: […] Original

Ethereum whale purchases $10K worth Of CUTO, as Cutoshi goes viral on X

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As BTC surpasses $100K, investors eye new coins. Cutoshi trends as a major ETH whale makes a big investment post-Memefi. As BTC pushes past the long-awaited 100k mark, investors are searching the markets for the next coins to buy. After the Memefi project, Cutoshi was trending on X, a big ETH whale made a substantial investment.  Smart money looks for low-cap coins with high ROI potential Bitcoin is stealing…

Market Expert Predicts $200K Surge Amid Retail FOMO And Volatility

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Este artículo también está disponible en español. The Bitcoin (BTC) price held just below $100,000 at the week’s end, falling 7% to roughly $91,000 on Thursday. This milestone has inspired speculation about Bitcoin’s short, medium, and long-term behavior in the face of increased market volatility.  Expert Predicts Bitcoin Could Reach $200,000 According to market expert VirtualBacon, while the $100,000 level is noteworthy, it does not represent the pinnacle of Bitcoin’s potential. He refers to the current phase as the “thrill stage,” in which retail investors are motivated by fear of…

Will It Break Previous Records?

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Este artículo también está disponible en español. In a significant market development, Ethereum (ETH) has surpassed the $4,000 mark for the first time in over ten months, closing the first week of December with a remarkable 40% surge in the weekly time frame. This upswing has been closely tied to a broader rally in the crypto market, particularly with Bitcoin (BTC), which recently reached new all-time highs. Ethereum Surges 61% As ETF Demand Grows According to Bloomberg, Ethereum exchange-traded funds (ETFs) in the United States experienced unprecedented demand, recording a…

Analyst Releases Bullish End Of Year Forecast Despite Failure At $100,000

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Este artículo también está disponible en español. The Bitcoin price seems to be facing somewhat of a price failure since it crossed above the $100,000 price level. In the few hours after crossing above this psychological threshold, the Bitcoin price faced rejection and corrected until it reached $94,000. Related Reading However, this correction does not necessarily signal a bleak outlook for the world’s largest cryptocurrency, especially as investor sentiment continues to hover in the extreme greed zone. According to technical analysis, the Bitcoin price is still open to climbing well…

Dedollarization Is Not Our Objective: India Clarifies Currency Goals

ndia rejects de-dollarization narratives, with the Reserve Bank of India (RBI) prioritizing local currency trade agreements to shield its economy from dollar volatility and global uncertainties. RBI Denies Dedollarization Goals, Focuses on Securing Indian Trade Reserve Bank of India (RBI) Governor Shaktikanta Das clarified India’s stance on global currency discussions during a post-monetary policy press […] Source CryptoX Portal

Uniswap Consolidates At $17: A Calm Before The Bullish Storm?

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Uniswap (UNI) is holding steady above the $17 mark, following a successful break above this level. With the bulls maintaining their grip on this critical support level, speculation is rising about whether this could be the calm before a bullish storm.  As market sentiment remains optimistic, this analysis examines UNI’s current price action by evaluating technical indicators to determine if it can gather enough momentum for a breakout rally. Could this period of stabilization set the stage for further upside? Let’s explore the technical setup and market dynamics that are…