Este artículo también está disponible en español. A new bullish target for the XRP price has been set, as a crypto analyst has announced a recent breakout from a Symmetrical Triangle pattern. The analyst has shared a chart showing XRP’s price action on a 3-day timeframe, highlighting key resistance levels that could help propel the cryptocurrency to a bullish target of $8. Symmetrical Triangle To Push XRP Price To $8 According to the TradingView crypto analyst identified by the pseudonym “PlaceUrBetsPlease,” the XRP price is breaking out from a Symmetrical…
Month: January 2025
Flockerz Presale Nears $10M Ahead of Trump Inauguration
With only a week to go before Donald Trump once again moves into the White House, and as the Flockerz presale hits an all-time high, all crypto chatter is focused on how successful crypto will be under the next administration. This comes as the Vice Chairman of the Federal Deposit Insurance Corporation, Travis Hill, admitted in a speech that the FDIC had ordered 20 banks to stop doing business with crypto firms. Their bank accounts were shut down or frozen, a process known as ‘debanking.’ But with a new US…
XRP potrebbe affrontare delle difficoltà dopo l’aumento a $2,60
Weekend decisamente positivo per Ripple, con il rally di XRP che ha spinto l’asset da $2,33 a $2,5 e, successivamente, a $2,6. Questo movimento ha rappresentato un aumento dell’11,5% in meno di 24 ore. Sebbene l’asset abbia perso parte dello slancio da allora e attualmente si trovi a $2,51, è comunque in crescita di oltre il 6% rispetto al giorno precedente. Tutto questo è accaduto poco dopo la diffusione di notizie secondo cui alcune balene crypto avrebbero accumulato oltre un miliardo di token XRP nel corso di appena 48 ore,…
‘Best-Performing Asset This Year’: Tom Lee Doubles Down on Bitcoin’s Ascent
Tom Lee, co-founder and managing partner at Fundstrat, has expressed confidence in bitcoin’s long-term prospects. Although the cryptocurrency currently sits approximately 15% below its all-time high, Lee contends that those purchasing at the $90,000 mark would likely not face financial losses. Tom Lee Still Targets $250K as Investors Hold Their Breath Tom Lee has consistently […] Original
3 potential catalysts to reverse crashing Bitcoin and altcoin prices
Bitcoin price slipped to $90,000 on Jan. 13 as the recent weakness in the cryptocurrency market continued. Bitcoin (BTC) crashed by 16% from its highest level in December and is hovering near its lowest point since November 19. Other altcoins like Solana (SOL) and Cardano (ADA) also continued falling. The ongoing crypto crash is largely attributed to rising expectations that the Federal Reserve will adopt a more hawkish stance this year. These expectations grew after the U.S. published strong nonfarm payroll data on Friday. The data showed that the unemployment…
Semler Scientific buys more Bitcoin, raising holdings to 2,321 BTC
Semler Scientific, Inc. acquired 237 Bitcoins between Dec. 16 and Jan. 10, at an average price of $98,267 per token. These purchases increased the company holdings to 2,321 Bitcoin (BTC), according to a company release. Semler’s cumulative investment in Bitcoin now stands at $191.9 million, with an average acquisition price of $82,687 per BTC. The purchases were funded through proceeds from an at-the-market offering and operating cash flow. The medical device manufacturer has previously stated that it is “laser focused” on acquiring and maintaining a larger Bitcoin reserve after its…
Crypto whales verplaatsen miljoenen XRP naar Coinbase – gaat Ripple dalen door sell-offs?
XRP lijkt na een sterke stijging aan kracht te verliezen, nu whales miljoenen tokens naar exchanges sturen en de verkoopdruk toeneemt. Whale Alert meldde een dump van 30,17 miljoen XRP op Coinbase, terwijl CryptoQuant een stijging van 34 miljoen XRP in exchange reserves registreerde. Tegelijkertijd worstelt XRP met technische weerstand rond $2,60 en een cruciaal steunniveau op $2,30. In dit artikel gaan we dieper in op de oorzaken van deze situatie en de mogelijke gevolgen voor de koersverwachting van XRP. Whales dumpen miljoenen XRP op Coinbase In een post op…
MicroStrategy buys $243m Bitcoin, ups holdings to 450k coins
The dotcom-era software company MicroStrategy has purchased Bitcoin for the 10th consecutive week, reinforcing its position as the world’s top corporate BTC holder. MicroStrategy bought an additional 2,530 Bitcoin (BTC), spending approximately $243 million on its latest acquisition, according to executive chairman Michael Saylor. The purchase marks the company’s 10th straight weekly buy, signaling no shift in Saylor’s aggressive Bitcoin accumulation strategy. Last year, the former crypto skeptic turned Bitcoin evangelist announced his “21/21” plan to accumulate $42 billion worth of BTC over three years. Saylor’s playbook, often referred to…
Ethereum Is Crypto’s ‘Most Cursed’ Coin—What’s Haunting It?
Este artículo también está disponible en español. Crypto analyst Adam (@abetrade) has sparked substantial debate by declaring that Ethereum is “the most cursed coin in existence,” suggesting that despite a notable uptick in overall market interest, the second-largest cryptocurrency remains stubbornly below its potential. Why Ethereum Seems To Be Cursed Speaking to his 178,000 followers on X, Adam pointed to a striking increase in Ethereum-related open interest, remarking: “ETH having the title of the most cursed coin in existence is well deserved because open interest in coins increased by 110%…
Microstrategy Acquires 2,530 Bitcoin Amid Ongoing Strategy
Microstrategy, a leading business intelligence firm, has added 2,530 bitcoin (BTC) to its holdings, bringing its total to 450,000 BTC. The purchase, valued at approximately $243 million, was announced by Michael Saylor, Microstrategy’s executive chairman, on the social media platform X. Microstrategy’s Bitcoin Holdings Now Worth Over $28 Billion The latest acquisition, made at an […] Original