Day: January 27, 2025

Bitcoin Reaccumulation Gains Traction Among Large Investors, Says Cryptoquant

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Large bitcoin investors are entering a renewed phase of accumulation as political developments reshape market conditions, with onchain insights from Cryptoquant and its researchers shedding light on faltering demand amidst shifting dynamics. Report: Large Bitcoin Investors Drive Market Shift as Demand Weakens According to Cryptoquant’s analysis, significant investors have been steadily increasing their bitcoin (BTC) […] Original

Bollinger Bands Tighten On XRP Daily Chart – Major Price Move Ahead?

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Este artículo también está disponible en español. XRP has faced significant selling pressure over the past several hours, causing the price to dip to new local lows around $2.65. This decline comes after a period of heightened volatility in the broader cryptocurrency market. While the long-term outlook for XRP remains bullish, the recent drop highlights risks that investors need to monitor closely. Related Reading Top analyst Ali Martinez shared insights on X, pointing to a critical development on XRP’s daily chart. He revealed that the Bollinger Bands, a popular technical…

QCP Insights: Bitcoin Not Likely to Break Above $110,000 Without Strategic Bitcoin Reserve

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As news of China’s Deepseek circulated over the weekend, bitcoin slipped below $100,000 just a week into Trump’s presidency. Strategic Bitcoin Reserve Needed For Bitcoin Pump QCP Group’s market insights reflected on bitcoin (BTC) dipping below $100,000 with other risk assets also declining, as concerns over China’s Deepseek technology rippled through global markets. Deepseek, a […] Original

Analyst Reveals Why The New Week Will Be ‘Dynamic’

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Este artículo también está disponible en español. A new XRP price prediction has surfaced, with a crypto analyst forecasting that the popular altcoin will experience a dynamic surge to $5.85 in the new week. Based on the Elliott Wave Theory and key technical indicators, the analysis outlines how XRP could see a significant upside after breaking out a symmetrical triangle pattern.  On January 26, Dark Defender, a prominent crypto analyst on X (formerly Twitter), forecasted an XRP price surge to a new all-time high of $5.85. The analyst shared a…

Next Presale to Explode as Meme Coin Market Destined for Long-term Growth

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Este artículo también está disponible en español. In a recent interview, Ki Young Ju, the CEO of CryptoQuant, drew interesting parallels between the crypto meme coin market and the art industry. As per Young, both these markets aim to draw valuations of an intangible instrument through narrative and market hype. Meme coins are often based on a popular meme, incident, or personality. Similarly, the value of a painting is derived from the story and artist behind it. Defending the ‘scam’ criticism often associated with meme coins, Young said that if…

All Eyes Were on Bitcoin and XRP

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Last week XRP replaced tether (USDT) as the third largest cryptocurrency by market cap. As Trump’s inauguration approaches, anticipation of a crypto-friendly agenda—including regulatory reforms and a potential Bitcoin reserve— reached a fever pitch. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the […] Original

MicroStrategy buys another $1.1b Bitcoin

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MicroStrategy announced a Bitcoin purchase for the twelfth consecutive week, while also unveiling a new stock offering to finance additional crypto acquisitions. MicroStrategy, the world’s largest corporate Bitcoin (BTC) holder, increased its holdings to a staggering 471,101 tokens after completing its second purchase during President Donald Trump’s administration. The company invested another $1.1 billion in BTC, acquiring 10,101 BTC at an average price of $105,596, according to a disclosure filing shared by MicroStrategy executive chairman Michael Saylor. Saylor’s firm, which began purchasing BTC in 2020, has spent $30.4 billion accumulating…

New Crypto to Invest In as TradFi Investments Soar

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Coinbase CEO Brian Armstrong recently suggested that the ‘floodgates are opening’ for TradFi firms to find the best crypto to invest in.  According to Armstrong, Donald Trump’s crypto plans (including a US Bitcoin strategic reserve) and the blockchain’s potential for economic freedom are what’s ‘forcing everyone to up their game.’ As more mainstream players join the blockchain realm, cryptocurrencies could become a goldmine. Amidst the buzz, low-cap coins that offer more than speculative hype – like $WEPE and $BEST – could jump 100x. 1. Wall Street Pepe ($WEPE) – Share…

Price Falls Below $100,000 Support

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Este artículo también está disponible en español. Bitcoin has encountered a critical breakdown, slipping below the $100,000 support level, a significant milestone that has been pivotal in its recent price rally. This unexpected move raises concerns over the sustainability of its upward momentum, with the market now at a crossroads.  It is important to be keenly on the lookout for whether this breach is a temporary dip or a sign of more extensive downside movement in the coming sessions. The breach of the $100,000 support level places Bitcoin at a…