Month: February 2025

Ethereum Stuck Below $2,800 Resistance – Bulls Need A Higher Low To Recover

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Este artículo también está disponible en español. Ethereum experienced its most aggressive selling pressure in history last Monday, with the price plunging 25% in a single day. This dramatic drop shook the entire market, leaving investors on edge. However, Ethereum quickly rebounded, erasing the entire drop within hours, sparking optimism for a recovery. Despite the swift rebound, Ethereum now faces significant risks as it trades slightly below a critical resistance level, raising concerns about its ability to maintain upward momentum. Related Reading Top crypto analyst Daan shared a technical analysis…

Here’s Why One Analyst Sees A 4,000% Pump

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A recent projection indicating a nearly 4,000% increase in XRP value has generated strong discussion among investors and analysts of cryptocurrencies. Related Reading An analyst’s projection shows XRP can soar from its present value of $2.41 to a shockingly $99. Although the bitcoin market is not new for audacious forecasts, market watchers have both strong criticism and cautious interest for this specific prognosis. Market Analysis Shows Historical Pattern Comparison Based on XRP’s performance during the 2017 bull run, crypto expert Javon Marks bases his optimistic forecast on present market conditions.…

War on CBDCs: US Lawmakers Move to Kill Digital Dollar Before It Starts

A proposed bill aims to block a government-controlled digital currency, warning it could grant officials total financial surveillance, erase savings, and force spending—just like China’s digital yuan. No CBDC Act: The Bill That Could End Government-Controlled Digital Money U.S. Senator Mike Lee (R-UT) announced on Feb. 6 that he has reintroduced the No CBDC Act, […] Source CryptoX Portal

Barstool’s Dave Portnoy Slams Crypto Pump-and-Dump Claims: ‘Can I Not Do This?’

Dave Portnoy is defending his meme coin trading, rejecting crypto pump-and-dump accusations. Insisting that “Nobody is misleading anybody,” he questioned: “Do you go to jail for this?” Dave Portnoy Rejects Crypto Pump-and-Dump Accusations: ‘Nobody Is Misleading Anybody’ Barstool Sports founder Dave Portnoy is rejecting accusations that his recent meme coin trading resembles a pump-and-dump scheme, […] Source CryptoX Portal

Hong Kong Accepts Crypto as Proof of Assets for Investment Immigration

Hong Kong has approved cryptocurrency as proof of assets for investor immigration, recognizing bitcoin and ethereum holdings in two cases under its HK$30 million residency requirement. Crypto as Proof of Wealth? Hong Kong Is Leading the Way Hong Kong has reportedly accepted cryptocurrency as proof of assets for investment immigration applications. Accountant Xiao Yaohe confirmed […] Source CryptoX Portal

Recent Crypto Dip Shows Decline May Be Over

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Este artículo también está disponible en español. Altcoins are showing signs of strength as the cryptocurrency market begins to recover from a significant correction in February. This rebound has pushed the total crypto market cap upward after bouncing off the $3 trillion mark on February 2. Related Reading Notwithstanding, this correction saw the altcoin market cap dip massively after a rejection at $425 billion. However, a key observation from crypto analyst Rekt Capital noted that despite the rejection from this significant resistance level, the pullback in altcoin market capitalization is…

Bitcoin $100,000 Rejection Triggers Sell-Off

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Este artículo también está disponible en español. Bitcoin attempt to sustain momentum above the highly anticipated $100,000 mark has faced stiff resistance, leading to a sharp pullback. Its rejection at this psychological level has fueled bearish pressure, pushing BTC into a corrective phase as sellers take control. Now, all attention turns to key support zones that could determine whether Bitcoin stabilizes or extends its decline. BTC might see a strong rebound if buyers step in at critical support levels, reigniting bullish momentum. However, a failure to hold above these zones…

Crypto market turns red as US tariff threats linger: update

Cryptocurrencies were indeed under pressure Saturday, days after U.S. tariff threats triggered market turbulence. The market chaos follows President Donald Trump’s executive order on Jan. 31, imposing tariffs on imports from Mexico, Canada, and China. Although the tariffs on Mexico and Canada remain on pause, the move was enough to rattle investors and spark sell-offs across equities and digital assets alike. Adding to the turmoil, crypto markets have been flooded with over 700 fraudulent tokens capitalizing on Trump’s name, as reported by the Financial Times. The wave of scams has…