Day: December 12, 2024

Shiba Inu Surges 14% In A Day: Is An additional 180% Rally Within Reach?

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Shiba Inu (SHIB), the second-largest memecoin by market cap following Dogecoin (DOGE), is now experiencing a notable surge in its price after breaking through key levels in the past week. Currently trading at $0.00002877, SHIB has risen 14% over the past day, signaling renewed investor interest. However, the memecoin remains down by 4.3% over the past week and is still 66.6% below its all-time high of $0.00008616, recorded in 2021. Despite these mixed performances, analysts suggest a potential bullish trajectory for SHIB. Shiba Inu’s Next Big Move Renowned crypto analyst…

Betting on Bitcoin’s future pays off

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Two small nations, El Salvador and Bhutan, have made bold moves into the Bitcoin (BTC) arena, which showcase how cryptocurrency can redefine economic strategies for countries with ambitious leadership and limited resources. Bhutan, through its sovereign investment arm, has amassed Bitcoin holdings worth over $1 billion—more than one-third of its GDP—while El Salvador’s reserves stand at approximately 6,150 Bitcoin, valued at over $550 million. These investments are…

Bitcoin Bulls, Remember to Zoom Out When in Doubt

By Omkar Godbole (All times ET unless indicated otherwise) The crypto market is looking to maintain the bullish momentum ignited by Wednesday’s U.S. CPI report, which matched estimates and cleared the path for another Federal Reserve rate cut next week. BTC has retaken $100,000 and ether is again eyeing $4,000. A number of tokens, including AAVE and LINK, are trading 10% higher on the back of accumulation by wallets tied to World Liberty Financial, the project supported by President-elect Donald Trump’s family. The key question now is whether BTC’s rally…

Expert Predicts 1650% Price Increase Based On This Pattern

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Este artículo también está disponible en español. As the broader crypto market rebounds following Donald Trump’s election on 5 November, Solana (SOL), currently the sixth largest token by market capitalization, has resumed its bullish trajectory, recently reclaiming the $230 price level. On Wednesday, the Solana price surged nearly 7%, reaching $232 after a two-week correction period that followed its current all-time high achievement of $263 on November 23. Could The Solana Price Soar To $4,000? The recent price action suggests that Solana may be on track to not only retest…

Bitcoin and Ethereum ETFs See Extended Inflow Streaks

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Accumulated consistent inflows over a 13-day period for Bitcoin and Ethereum ETFs signals robust demand. Bitcoin and Ethereum ETFs on a Roll Bitcoin and Ethereum exchange-traded funds (ETFs) have been on a remarkable inflow streak over the past two weeks. This is according to data from Sosovalue which tracks the performance of ETFs. On Dec. […] Original

Australian wealth manager AMP invests $27m in Bitcoin as first major superannuation fund to embrace crypto

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AMP has made a $27 million investment in Bitcoin, becoming the first major superannuation fund in Australia to enter the crypto market. AMP Wealth Management, one of Australia‘s largest wealth managers with billions in assets under management, has invested $27 million in Bitcoin (BTC), becoming the first major superannuation fund in the country to do so, the Australian Financial Review has learned. Per the report, the investment was made in May when Bitcoin was trading between $60,000 and $70,000. AMP chief investment officer Anna Shelley explained that the allocation, representing…

This Bitcoin (BTC) Indicator Mirrors Early November Vibe That Sparked a 40% Price Surge

Bitcoin (BTC) traders could be in for another thrilling ride. A key technical indicator that presaged November’s price surge is positioned precisely as it was then, signaling a potential volatility explosion ahead. That indicator is the Bollinger bandwidth, a tool used to gauge impending changes in market jumpiness. For bitcoin, the bandwidth has narrowed to less than 10%, a level not seen since Nov. 4, the day before the U.S. elections. The largest cryptocurrency subsequently surged to $100,000 from $70,000 in four weeks. Bollinger bands mark levels two standard deviations…

Bitcoin To $250,000, Ethereum To $12,000: Here’s When, Says VC

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Este artículo también está disponible en español. In a price prediction shared on X, Tom Dunleavy, Chief Investment Officer (CIO) at MV Global—formerly known as Master Ventures—outlined his bullish projections for major cryptocurrencies in 2025. MV Global is a blockchain-focused venture studio renowned for building infrastructure companies aimed at advancing blockchain adoption, with investments spanning prominent entities such as Coinbase, Kraken, Ripple, Circle, and Bitfinex. Dunleavy’s forecast positions Bitcoin (BTC) at a target of $250,000 and Ethereum (ETH) at $12,000 by the end of 2025. Additionally, he anticipates Solana (SOL)…

Bitcoin ATM operator Byte Federal hit by data breach, 58,000 exposed

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Hackers have compromised the personal data of over 58,000 customers of United States-based Bitcoin ATM operator Byte Federal. According to a filing with the Maine Attorney General’s office, Byte Federal was breached on September 30 by an unknown attacker who exploited a vulnerability in GitLab, a third-party project management and collaboration software, which allowed them to compromise one of its servers. The breach affected 58,000 customers, with compromised data including names, addresses, phone numbers, government-issued IDs, Social Security numbers, transaction activity, and user photographs. While no funds or user assets…

Rogue companies receive fines totalling £290k for making millions of nuisance calls

Bolton-based Breathe Services Ltd fined £170,000 for making over 4 million unlawful direct marketing calls Oldham-based Money Bubble Ltd fined £120,000 for making over 168,000 unlawful calls We have fined two companies, based in Greater Manchester, a total of £290k and issued them both with enforcement notices after they were found to have made numerous nuisance phone calls to people – who’d opted out of receiving marketing calls – attempting to sell them life insurance and debt management solutions. Breathe Services Ltd (BSL), a debt advice company based in Bolton,…